Saturday, October 12, 2024

RV UPDATE BY FRANK26, 12 OCT

  Frank26 

  Community comment:   "I believe it will RV before the time they gave."  

The revaluation actually started in 2012... Revaluation is to revalue the currency...This is not to revalue the currency, they're going to reinstate it.  It was $3.22 when it was brought down... 

Because of inflation do you think $3.22 would be fair over 20 years later 

No I don't think so.  Therefore the exchange rate is not going to 1000 is it?

  It's saying at 1320/1310.  When they lift the three zeros that's be a little over a dollar for the citizens.  Now that's fair.

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TIDBIT FROM FRANK26, 13 NOV

  Frank26  The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it.     It's is my hope.  It ...