Friday, January 5, 2024

"RV UPDATE" BY PIMPY, 6 JAN

  Pimpy 

 12 to 1 exchange rate.  Nobody was speaking about it.  I showed an article, their article, not my article, their article saying they were considering the 12 to 1 exchange rate but they would not consider it until...2026.  I didn't make it up.  I'm just pointing this out in an article...I believe they are going to go up in increments between now and 2026.  That's just my opinion.

Community Comment: "The Iraqi people that live in Iraq can't exchange, only people abroad."   Here's what would happen.  We would change our dinars for the new rate but the people in Iraq would have a much much stronger purchasing power.

Question:  "Can you give us more details to some of us who don't quite understand the deletion of the zeros...?

 Here's where people get pissy because there's an article everybody keeps talking about, the study of the deletion of 3-zeros.  Pay attention to the wording.  It doesn't say anything at all about the exchange rate.  It says clear as day, the deletion of the zeros are to remove the 3-zeros off the currency, the bank note.  Nothing about the rate.  The bank note...It's not complicated...The worst thing that can happen for us is those suckers turn around and delete the zeros and then change the exchange rate...I'm not saying they're going to do that, but it is an option...Most likely they're going to change the exchange rate in increments...

No comments:

Post a Comment

What are Iraqis waiting for after the news of the “sudden suspension” of the dollar sale platform by the Central Bank?, 25 DEC

  What are Iraqis waiting for after the news of the “sudden suspension” of the dollar sale platform by the Central Bank? Baghdad Today – Bag...