Sunday, January 12, 2025

TIDBIT FROM FRANK26, 12 JAN

 Frank26  

The monetary reform of the Iraqi dinar is now entering another step, another stage because the last one is just finished.  We were hoping they were going to expose the new rate...

 Question:  "What do you think Iraq's time to allow international to exchange our notes

 That's their prerogative.  Normally when something like this happens the IMF works with that central bank of that country and they figure out a time frame. 

 It can be three months...six months.  It can be a year.  The Untied Sates of America never cancelled our 3 zero notes... America never stopped allowing 3 zero notes to be exchanged but I got a feeling Iraq will and they should. 

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