Thursday, January 11, 2024

"RV UPDATE" BY FRANK26, 11 JAN

  Frank26 

 They are doing what the monetary reform requires right now.  That is for the Iraqi citizens to now be in position to receive the lower denoms, the fils and a new exchange rate.  It's all being done by the process of removing the American dollar and increasing the confidence, the value, the usage of the Iraqi dinar...

These institutions [WTO etc] want Iraq to join them because they know Iraq is about to go into a float state.  Let's look for 1 to 1200, 1 to 1,000, 1 to 1.  Let's look for a change that is dramatic enough for it to be allowed to be released into the international theater.  Within the next 5 days I'm very curious to see what the exchange rate will be after the 15th .  Very curious to see if they're going to leave it at at penny stocks or are we improving?

Question "Are redemption centers at a bank or elsewhere?"  I'm going to a bank.  You can find  redemption centers in a lot of places.  Some large credit unions might do it.  Go to an airport, they have those kiosks and try there if you want.  You're not going to get a good exchange rate IMO if you go to those places.  Go to a large bank.  Don't go to  the mom and pop bank either...  

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