Frank26
Question: "The war is likely escalating in the Middle East. When Iran gets involved will this negatively affect the rate? the float?" IMO the war is affecting more the relationships between counties in the Middle East...As far as it affecting the monetary reform of the Iraqi dinar that's in a sealed envelope...figuratively speaking. It has nothing to do with the war. Once that envelope is opened, it would definitely/probably have some cause and effect on the float, in the basket. Because what countries are in those baskets? Yeah, the ones that might be affected but I don't think it'd be affected in a negative way. War has a tendency to (snap) speed things up.
2023 was the year of preparation for the monetary reform to be revealed. We are now in that position. We are now in the position that the monetary reform is being revealed to the citizens of Iraq. One of the things that is happening, and I pray that it happens faster, is the value of the Iraqi dinar is going up every day causing the dollar to go down...down...down... Once they reach a certain plateau that they're looking for then they're going to float the currency. That's why they've educated the citizens of Iraq about the float...
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