MarkZ says - Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012
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MarkZ says - Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012
MarkZ
[via PDK] [I only have 100,000 in dinar. Do I have to go to a redemption center or can I go to a bank?] it will be worth more if you go to a RC…and I am sure hearing some crazy values on the dinar right now. I always expected rates to be around $4. My banking contacts were saying it now looks like $6…and today they are all confused because bank screens are showing around $11.00. I’m guessing but you may get around $3.71 if you go to a regular bank to exchange…but, at the RC you may get possible between $6 or $11.00 for each dinar. That would be a huge difference on what you make. At banks possible $371,000 and at RC up to $1.1 million…If it were me I would go to an RC. Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012.
[via PDK] [I only have 100,000 in dinar. Do I have to go to a redemption center or can I go to a bank?] it will be worth more if you go to a RC…and I am sure hearing some crazy values on the dinar right now. I always expected rates to be around $4. My banking contacts were saying it now looks like $6…and today they are all confused because bank screens are showing around $11.00. I’m guessing but you may get around $3.71 if you go to a regular bank to exchange…but, at the RC you may get possible between $6 or $11.00 for each dinar. That would be a huge difference on what you make. At banks possible $371,000 and at RC up to $1.1 million…If it were me I would go to an RC. Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012.
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» MarkZ: "My last contact in Iraq was Saturday night and they are still expecting a new rate at any time" 1/27/20
» Bruce says that Dr Shabibi said something to the effect – the Dinar will be able to support a rate of at least $16.00.
» MarkZ: "Dr Shab's…he clearly states it could be in the 16.00 rate…Dr Shabibi is the architect of the Iraqi Dinar RV" 4/26/21
» Guru Jeff: "Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle" 12/26/19
» MarkZ: "IMO the Dong could support 2 to 2.50 rate..."
» Bruce says that Dr Shabibi said something to the effect – the Dinar will be able to support a rate of at least $16.00.
» MarkZ: "Dr Shab's…he clearly states it could be in the 16.00 rate…Dr Shabibi is the architect of the Iraqi Dinar RV" 4/26/21
» Guru Jeff: "Shabibi said that the best time for a rate change is either at the beginning of a fiscal year or middle" 12/26/19
» MarkZ: "IMO the Dong could support 2 to 2.50 rate..."
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