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Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeSun May 05, 2024 11:37 am by kenlej

» Go Russia
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

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Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

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Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

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Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Frank26 says --   When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar. I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

Frank26 says -- When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar.

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Post by Ponee Sat Oct 03, 2020 9:02 pm

Frank26   


The last five days all they talk about is the exchange rate of the Iraqi dinar... "no Frank, they said they are going to decrease the value of the Iraqi dinar?"  The translation isn't proper.  The wording is wrong...what they're doing is they're going to decrease the 3 zeros from the exchange rate to add value to the currency of the Iraqi dinar...


 ..the reason we don't have the new exchange rate...is because of Iran and anything associated with Iran...



when we get down to the very nitty-gritty.  When we're down to you know where they're about to release the new exchange rate you're going to see what we call the 'second article' from the CBI.  Where it has the breakdown complete of all the reasons why they're doing what they're doing...we were looking for one specific article but it turns out that it's coming out in stages...



Article after article after article in the last 5 days, actually even more, telling us that they're going to raise the value of their currency... Article " Iraq: the government is compelled to "delete the zeros" from the dinar currency...more than "3 scenarios" are expected that will affect salaries and living" the translation IMO is trying to tell you that they have 3 zeros that they're going to lift from their exchange rate...they decided on one option...  quote "the government is now obliged to reduce the value of the Iraqi dinar against the dollar...without printing more and thus preserving the currency from collapsing."  Without printing more...when you remove the 3 zeros you're left with about a dollar...and you didn't print any new currency because you got the new small category notes already in the banks ready to come out.  When they come out with the new exchange rate this is all calculated to be 1 to 1 with the American dollar.
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