dinarham Posted September 18, 2020 Report Share Posted September 18, 2020 No worries,folks. The new director of the Central Bank just said that Iraq must "strenghten the currency". 2 1 1 8 Quote Link to comment Share on other sites More sharing options...
Spartakus Posted September 18, 2020 Report Share Posted September 18, 2020 First time after many years an economist used those words " delete the three zeroes". It seems like they had become forbidden under Allak. 1 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted September 18, 2020 Report Share Posted September 18, 2020 Translation isn't always right 100% and has a different meaning from the original article which was written in arabic language. Therefore how one interpret it can be more confusing. I don't believe and have a doubt that the goi or cbi will announce the rv openly to the public. However goi or cbi will announce rv quietly and secretly. Just wait and see. I believe it when i see it. 2 Quote Link to comment Share on other sites More sharing options...
GreedyDinar07 Posted September 18, 2020 Report Share Posted September 18, 2020 Thanks for the information Screwball! I found the article from 2010. They have been using the IQD at the fixed rate for a long time! 1 Quote Link to comment Share on other sites More sharing options...
SocalDinar Posted September 18, 2020 Report Share Posted September 18, 2020 6 hours ago, screwball said: No country uses the usd incountry....it has to stop... Just back from Costa Rica and the USD is widely used. 2 Quote Link to comment Share on other sites More sharing options...
Artitech Posted September 18, 2020 Report Share Posted September 18, 2020 (edited) 10 minutes ago, SocalDinar said: Just back from Costa Rica and the USD is widely used. It’s widely used in Mexico too! In fact they would rather have the green back than pesos! It’s been that way for the 55 years that I have been going into Mexico! JMHO ! 🤠 Edited September 18, 2020 by Artitech Forgot word 4 Quote Link to comment Share on other sites More sharing options...
cutter73 Posted September 18, 2020 Report Share Posted September 18, 2020 used in Belize as well... 😉 1 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted September 18, 2020 Report Share Posted September 18, 2020 21 minutes ago, Artitech said: It’s widely used in Mexico too! In fact they would rather have the green back than pesos! It’s been that way for the 55 years that I have been going into Mexico! JMHO ! 🤠 I concur Artitech, been here for 30 years and has always been that way. 1 Quote Link to comment Share on other sites More sharing options...
3n1 Posted September 18, 2020 Report Share Posted September 18, 2020 the usd is the reserve currency of the world and of course many countries with weak poor economy's or high percentages of tourism / expat's use the USD for commerce , Iraq imo was never intended to forever be a dual currency country billions of usd was introduced after saddam removal to keep the country supported till its new democracy took hold , we all know how well that plan has worked out , iraq is a rich country, that for many many years and not just speaking of saddam's rule enjoyed a iqd value exceeding the usd exchange rate ... make iqd great again ... all the best dv'ers 2 1 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted September 19, 2020 Report Share Posted September 19, 2020 On 9/17/2020 at 11:21 AM, Butifldrm said: Hi everyone 😘 Looks like Sumaisem thinks they can increase the value of the Dinar to 1000 to 1 dollar, then re-denominate by deleting the zeros to place the dinar on par with the dollar if Iraq were not in such a financial crisis. I pray this interpretation is accurate. At both intervals, it is a great improvement over where it is now at 1190.20 to $1.00 USD . 1 Quote Link to comment Share on other sites More sharing options...
justchecking123 Posted September 20, 2020 Report Share Posted September 20, 2020 (edited) On 9/18/2020 at 5:36 AM, screwball said: No country uses the usd incountry....it has to stop... Edited September 20, 2020 by justchecking123 1 Quote Link to comment Share on other sites More sharing options...
danielchu Posted September 20, 2020 Report Share Posted September 20, 2020 On 9/18/2020 at 1:45 PM, 3n1 said: the usd is the reserve currency of the world and of course many countries with weak poor economy's or high percentages of tourism / expat's use the USD for commerce , Iraq imo was never intended to forever be a dual currency country billions of usd was introduced after saddam removal to keep the country supported till its new democracy took hold , we all know how well that plan has worked out , iraq is a rich country, that for many many years and not just speaking of saddam's rule enjoyed a iqd value exceeding the usd exchange rate ... make iqd great again ... all the best dv'ers Even little ole Zimbabwe Quote Link to comment Share on other sites More sharing options...
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