Pimpy
The Central Bank of Iraq was forced to allocate an entire floor to the US Treasury department to monitor money transfer operations and prevent any illegal activities. Talk about a very clear violation of Iraq's sovereignty. This is how bad things have gotten...The United Staes has now taken up permanent residents within Iraq's central bank...
Pimpy
It [the Iraqi dinar] is going to go up in value. There's no doubt about it. But how they go about it is something totally different. Is it worth the investment? I think so or I wouldn't even own it...
Pimpy
Community Comment: "Why do you think Iraq has been dragging its feet?
It's because Iraq has been FIGHTING to RAKE IN all the dinar that is OUTSIDE THE COUNTRY! Once they got, let's say 95% of it, then they are ready to reinstate the value of the dinar to its old glory days."
Why? They don't have to do that. There's no sense in doing that. They could just do it anyways after they delete the zeros. So no they don't have to wait to do that. They can just reinstate it anytime they want to.
The news continues to be good for Iraq. This is what we want to hear. We love that they're continuing with the reforms as well as aiming to improve the quality of life for the Iraqi p..FOR READ MORE: https://dinarevaluation.blogspot.com/2024/08/rv-update-by-pimpy-4-august.html
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