"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 14 JUNE

 Frank26 

  [Iraq boots-on-the-ground report]   

FIREFLY:  Sudani came out and again he says to us the dinar is stronger than the dollar. 

 FRANK:  Your contracts are being rewritten because your dinar is strong now.  

FIREFLY:  Then he said that Iraqi people will see a significant increase in the exchange rate this year.  He's saying all this in a recorded speech.  He's talking about the economy and how we're growing and what is expected. 

 FRANK:  Like I told you, the monetary reform education would get louder and louder into this month.  It looks like they're using a megaphone to scream it to you.  These are exciting time for your monetary reform, for your country, for the value of your currency.

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FIREFLY: Parliament is saying we're going to pass the investment law.  You're going to see it very soon...

  FIREFLY:  I talked to my bank friend...He said when we do drop the zeros, we the citizens will have a certain number of days to return for new lower currency.  This will be the 1 to 1.  Not 1 dollar for 1 dinar but 25k note for a 25 note.  It will revalue in country above a dollar...We will probably see dinar in country just over $1. 

 FRANK:  Now do you see why they kept it at 1320?  

FIREFLY:  The 1 to 1 will be dropping off the three zeros from our exchange rate, from our currency...a 25k note will be a 25 note...This is for inside of country, not outside of country.