Pimpy
You've got people all going, yeah man this next budget they're going to increase the value [of the dinar] when they're now talking about possibly devaluing the Iraqi dinar. That's not set in stone but it's something they're contemplating. I'm not saying they're going to do it. I'm just saying it's on their mind. It really depends on how far down oil prices drops.
As long as they keep moving forward like they’re doing there’s no reason for it not to, IMO, go up in increment…
Guru Nader question: “People are going to lose money if they change the 25000 for 25…If…I get 25 dinars that means I’m gonna go to the bank, if it go 3 to 1 that mean I’m gonna have only $75?”
I told everybody that is a possibility. Doesn’t mean it’s gonna happen but I’m saying this is what people should at least be prepared for…There’s a possibility they delete the zeros and then change the exchange rate.
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