"RV UPDATE" BY PIMPY, 25 APRIL

  Pimpy 

 People are still asking about the deletion of the zeros.  They want to know how that's going to change the exchange rate...April 28, 2011 Article "Iraq plans to change currency:  Three zeros will be removed from IQD"  Quote:  "The Iraq government plans to chop three zeros off the national currency.  It should make transactions easier and enhance the exchange rate...the government announced they were close to completing plans for a re-denomination ."

  I told you guys it's called a re- denomination, a lop, the removal of the zeros, the deletion of the zeros, reducing the zeros, it's all the same thing.  Quote:  "Three zeros would be removed from Iraq's currency...and old bank notes will gradually be phased out.  For example this would make the IQD 1000 note into IQD 1 note..." This is taking it from 25,000 dinar to 25...25000 dinar times the current exchange rate .00076 = $19.  When we do the deletion of the zeros, the zeros are gone.  25 dinar x .76 = $19...This is deletion of the zeros.  This is lopping of the currency...