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Pimpy says the dinar has devalued but not to worry, it isn't the offiacal exchange rate
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Pimpy says the dinar has devalued but not to worry, it isn't the offiacal exchange rate
Pimpy
Article: "Rapid decline of the Iraqi currency ... 132,000 dinars against 100 US dollars" Is it going in the wrong direction at the moment? Yes it is at the moment. Just at the moment. This isn't the official exchange rate. This is what's going on there internally...they're hearing rumors that they're going to devalue the dinar...I see the rumors going back and forth on whether the dinar is going to devalue or if it's going to increase in value. I'm watching it. As soon as I hear anything official we'll bring that on out.
Article: "Rapid decline of the Iraqi currency ... 132,000 dinars against 100 US dollars" Is it going in the wrong direction at the moment? Yes it is at the moment. Just at the moment. This isn't the official exchange rate. This is what's going on there internally...they're hearing rumors that they're going to devalue the dinar...I see the rumors going back and forth on whether the dinar is going to devalue or if it's going to increase in value. I'm watching it. As soon as I hear anything official we'll bring that on out.
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