Wednesday, March 13, 2024

"RV UPDATE" BY MILITIAMAN, 14 MARCH

  Militia Man 

 Article:  "Economics website: A new application enhances investment movement in Iraq"  

Quote:  “.. .The new index, called (RSISX Total Return), compares currency exchange rate changes and the returns achieved.” 

 It is not surprising they have a new RSISX Total Returns index for currency exchange rate changes. With Al-Sudani's government mention of 1.32 dinars to the dollar yesterday and then today we see that there is talk of smaller denominations. Small enough to make change for 250 notes...Put all that with this new index being launched suggests for me, is that they are ready for change to come and not just in the exchange rate but...as in fils...This is another good sign Iraq is opening up to the world in a big way.

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