Thursday, March 14, 2024

"RV UPDATE" BY BGG, 15 MARCH

  BGG 

  Article quote: “The Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1320.  Implementing such a decision is likely to significantly increase Al-Sudani’s popularity.” ...

The article was published yesterday & I am suspicious of it’s veracity and timing. It always seems to get tossed around during election season. 

 Furthermore, how they decide to get from 1320:1 to 1.32:1 is another story entirely...Everyone will get all excited, when in reality… even if this is a legit move – it could still go 20 different ways.

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