"RV UPDATE" BY PIMPY, 30 DEC

  Pimpy

  As we close out this year Iraq continues to take steps in a positive direction.  Let's hope this continues.  You guys keep asking about a rate change at the beginning of this year.  If they're going to do it it's going to be done now, not later.  I'm not saying it's going to.  I'm just saying if it's going to be done, it's going to be done now so they can re-change all the budgets for the years.  I don't think it's going to happen but we'll see what happens from here.  

The year is winding down.  I would say Iraq did pretty good despite all the BS that's going .  We are looking forward to 2024, hopefully with a lot of great news as Iraq continues to move forward to do what's best for the people of Iraq.

 Iraq has taken the necessary steps to strengthen the Iraqi dinar.  We know there's restrictions on the amount of money Iraq is receiving from the US.  But doing that has put the pressure on parallel market because they don't have enough dollars to trade...on the black market ...causing companies to have to use the official exchange rate instead of trying to be sneaky on the parallel market.  That means they have a stronger Iraqi dinar... Because of that they have more purchasing power... This is why I think as time goes on you're going to see the Iraqi dinar go up in increments.