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Fri Sep 13, 2019 11:53 am
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I was expecting. I'm expecting
7-15-2017 Newshound/Intel Guru Mnt Goat I had many questions on the topic of what the new denominations would be when the CBI does finally launch them. Newer notes as follows: Bills: 1 dinar, 5 dinar, 10 dinar, 25 dinar, 50 dinar, 100 dinar...Coins: 10 fils, 25 fils, 50 fils and a 1 dinar with lower coins of 1 fils, 2 fils and 5 fils added later as the economy improves and the value continues to rise. I believe (it is my opinion) they will launch more of the 50 dinar notes and the 100 dinar notes JUST BEFORE or AROUND the time the rate changes to 1:1 with the US dollar around a value of 1.00+ per IQD to the USD. Remember also the CBI told us the IQD 3 zero notes will coincide with the newer notes for up to 10 years. So we all heard by now ISIS liberation is fully completed in Iraq and it is now “official”. Now Iraq moves on to the next phase. This I believe, will be with extraordinary economic growth, investment and prosperity for Iraq (and us investors).
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