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» Mnt Goat says -- I was...told [by my CBI contact in Iraq] not to over-speculate on the RV and the CBI has a plan and is actively working on it.
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» Dollar prices decline in Iraq amidst market volatility (What's the CBI Rate Again? LOL)
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Guru Frank26 1/24/23

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Guru Frank26 1/24/23 Empty Guru Frank26 1/24/23

Post by Ssmith Tue Jan 24, 2023 3:03 pm

The American dollar is bouncing all over.  The Iraqi dinar is going through a float internally.  It’s removing its 3 zeros so it can be at least 1 to 1 when they leave the border to float.

Article:
Al-Sudani: We are supervising the completion of a “different” budget, and we continue to support the restoration of the exchange rate

SUDANI AND GHALEB WORK TOGETHER FOR THE 2023 BUDGET & NEW EXCHANGE RATE


If you have a small amount of dinars, exchange.  Especially if they come out at 1 to 1.  If you have a lot of dinars, exchange some to cover your bills or whatever you want to for a year and then leave the rest in limbo and watch the float…

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