Sunday, December 24, 2023

"RV UPDATE" BY FRANK26, 24 DEC

 Frank26 

  Question:   "When we go to exchange is the removal of the 3-zero notes going to affect the value of our dinar?

 If you look at the American currency...we actually have a $500...$1,000...$10,000 bill...but after World War II our country become very powerful and we got rid of the 3 zeros just what Iraq is doing but we didn't do it physically.  We did it on our exchange rate... Those zero notes are still legal tender...

The dollar is slowly going down in value inside of Iraq.  

The Iraqi citizens are removing the dollar from their lives whether it be usage in commercial transactions, business, at the markets.  By doing that they're using their currency the way they were told to do.  That action is causing the dollar to lose ground and the Iraqi dinar to gain ground.

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