Isnt an RI the same as an RV

[brianlpn]

If they RV at the previous value b4 the US invasion, is that not in RI?

[sly]

yes, Ri is the rate they were at before. RV will be a new rate

[awesomeman27]

Good question, does it have anything to do with the fact that they changed dinars (from Saddam to the ones now)?

[Rodolpho]

Well all I know is that an RV is revaluation of currency. RI is reinstatement of current currency. If it values at the rate of when Sadaam was in control not sure if they would consider that a reinstatement or not.

[lrlamon]

The way i understand it is a RI would be reinstating the value of the dinar to what it was pre 1990 sanctions, which i think was around 3.22. RV to me would me any other rate under its previous sanctions rate.

[tlmlimbrick]

I agree, I just hope something happens soon.

[brianlpn]

The term RI refers to the reinstatement of a numerical value not a reinstatement of a previous currency. 5 to go lol

[jan Roller]

i DON'T UNDERSTAND WHAT MAKES THE DIFFERENCE -RV OR RI

[hiltonhead05]

nothing really, people just get to technical

[djmom]

Either one means money in the bank!

[jzar]

I've wondered how this works. If the RI is a reinstatement of the rate, does it really matter if the currency is new or not? Is the rate tied to a particular currency or is it tied to the nation's economy?

[kingdavid]

is has to happen before we will know

[warrengz]

Ok RI is impossible. The Saddam dinar was worth 3.22. Because HE set that rate as a dictator and that's what HE decided his currency was worth. Now that his dinar is obsolete and Iraq has a new currency with the new dinar, it's worth 1170 to 1 USD. So when the new democracy does what it needs to do today get this done, the currency will be worth more, hopefully, hence now has more value so it will be revalued. GO RV!

[mike5961]

The two are not the same

[bjkreporter]

Second post so I can CHAT.

[karma]

either or will be glad to have it but with rv saying at 1.47 / maybe 2.+ range ri would be greateer value. but can they afford to do it that high?

[abinaa]

ri means reinstatement of the currency to what it used to be and rv means revaluation of a currency

[lwood]

sounds like it... But... isn't there a difference in capital gains tax?

[kosmokitty]

more money with RI!

[Flamtap]

Show me the Money!

[chris0985]

No!!! as state its Rv Revalue and RI reinstate

[Happyfeet]

Either way my investment paid off in a big way!

[harvf150]

i would think so

[josephj792]

If you go to work and you get fired and then you came back to the same position you got reinstated but if you just got your job back you got rehire

[bagrowp]

With new dinar would sadaam money be good still ?