Pimpy
Everybody thought Iraq was at the end of becoming a member with the World Trade Organization...Come to find out they're just barely at the beginning stages. What does this mean for Iraq? How long is this going to take? Wikipedia quote: "An offer of accession is given once consensus is reached among members. The process takes about five years on average but can take some countries almost a decade...The shortest accession negotiation was...2 years and 10 months. The longest were that of Russia lasting 19 years and 2 months."
It [the article] doesn't say the exchange rate is $1.32, more likely what it is Al-Sudani will change the exchange rate where you can buy 132 dinar for $1. That's a 90% increase
. I don't know about you but I'd be pretty happy with that. I'd be content with that. I know a lot of you are expecting million, that doesn't mean it can't happen but if we're allowed to keep this currency that we have right now with all the zero and they change the exchange rate I'm going to count my blessing and sell them because I'm not going to take the risk of hoping for a higher exchange rate and then turn around and delete the zeros. $37,000 is not too bad for less than a $2,000 investment.
https://dinarevaluation.blogspot.com/2024/03/iqd-rate-discussion-by-pimpy-16-march.html
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