Thursday, February 15, 2024

"RV UPDATE" BY PIMPY, 15 FEB

 Pimpy  

 Question "Just be blunt...Make it simple.  If someone holds a million dinars what is the most  one can get from this amount over the next several years?"  I've been blunt about this...It depends on how long you hold it.

  Let's  say it starts to go up in increments like I think it's going to happen, you have to look at your 1 million dinar and think to  yourself, 'Am I going to be happy with the current exchange rate.'  

 It really depends on when it gets to a rate that you like.  As  long as they can stay out of conflict, continue moving forward like they have with reform, getting back in the World Trade  Organization, showing back up on Forex, these things are very important on give value to the Iraqi dinar. 

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