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» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

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» The Fundamentals of Finance and Pimpy Live
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20

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Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20 Empty Guru Pimpy: "...and decrease the rate so the value goes back up for dinar holders" (The CBI Cares About Dinar Holders? LOL) 12/28/20

Post by RamblerNash Mon Dec 28, 2020 11:03 pm

Guru Pimpy 

Article:   "Today, Sunday, relative stability in the exchange rate of the dollar in the local markets" ...The rate was changed to 1450 dinars for every 1 dollar but the exchange rate on the stock exchange it's actually performing pretty good.  It bounces somewhere between 1410 and 1430.  That means the dinar is stronger than they had pegged.  So it's doing very well in the markets.

Article:   "An advisor in the central bank determines its orientations regarding the exchange rate and the possibility of changing it again"  ...technically what they said [before] was they would only devalue the dinar one time not change the rate...I thought this devaluing of the dinar was only a short-term thing.  It just didn't make sense to me especially since they had so much building to do and how it disproportionately affected the poor.  So now it looks like there's already going to be pressure on them to go ahead and decrease the rate so the value goes back up for dinar holders...

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