Monday, February 5, 2024

"RV UPDATE" BY PIMPY, 6 FEB

 Pimpy

  I'm sure by now you've heard already the United States is striking more targets...What we don't want to see is things escalating.  There was an emergency meeting called to figure out what it is Iraq wants to do or needs to do.  What we hope is their decision is not to enter into a conflict with the United States.  

   Where do you exchange your currency?  It's going to be at your local [bank] branch.  There are no redemption centers.  Some places won't charge you fees depending on how much.  Some of them have a flat rate.

What they're trying to do is a study of the deletion of the zeros.  They're trying to figure out how this is going to affect Iraq, to make sure they are in a position to go ahead and remove the zeros off the Iraqi dinar - currency, not the exchange rate.  Because once they make that decision...the citizens are going to be a little confused, there's going to be a slight interruption to the economy and to businesses who have to change all their bookkeeping as well as prices throughout Iraq...You need to educate the Iraqi people about what's going on...

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