Wednesday, March 13, 2024

"RV UPDATE" BY FRANK26, 13 MARCH

  Frank26 

  The transitional period is what you're experiencing right now...in the monetary reform.

 Article:  "Coordination Framework seeks early election to curb al-Sudani's growing popularity: analysis"  Quote:  "The Iraqi 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 1,320 dinars. "  Now do you understand why they left it at 1320 even though we suggested that they would take it to 1200 or 1000? 
 
 Question: "Do you believe one more move to 1,000 or RI?"  It looks like 1310 might be what they were seeking.  Maybe a dollar is not enough.
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