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Jeff says they will have a higher exchange rate because of the deletion of the zeros DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Jeff says they will have a higher exchange rate because of the deletion of the zeros

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Jeff says they will have a higher exchange rate because of the deletion of the zeros Empty Jeff says they will have a higher exchange rate because of the deletion of the zeros

Post by Ponee on Wed Dec 11, 2019 7:59 pm

Jeff  

 Article "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies"  ...because Iraq's inflation is a little bit higher they need to delete the zeros...to curb the inflation that will allow them to mint coins.  And they will have a higher exchange rate because of the deletion of the zeros to support and sustain and allow for the minting and use of coins...
 
Article "Political blocs reach a final decision to choose a candidate to head the Iraqi government"  From what we learned over the weekend.  Mahdi and his cabinet will stay in place until the end of December.  Now the news is telling us the political blocks have reached an agreement on a new PM candidate.  That's great news.  So what the the news is showing us is there most likely will not be a lapse in the PM.  It will just be out with the old in with the new.  Just a seamless transition from old PM to new PM.  And that's great news for us. 


News over the weekend told us this week...they are going to try to finish the Electoral Commission Act and submit the 2020 budget to parliament for the first reading...



12.09.2019

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