ronscarpa Posted December 10, 2023 Report Share Posted December 10, 2023 REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Mnt Goat ...the reinstatement is a multi-step process. First a new in-country rate of about 1:1, then the swap-out and then a move to FOREX. It is this move to FOREX we want and I cannot also emphasize this enough. There will NEVER be two rates...Once the reinstatement occurs the program rate stuff goes away....Then the CBI will also link to and reference the FOREX rate. Frank26 Of course they [the banks] are going to verify it [your dinars upon exchange]. I love when people say, 'Hey Frank I need my Certificate of Authenticity...So I can give it to the guy at the bank to prove this is real dinars.' Who told you that? 'The guy that sold me the dinars...' When you take your dinars to a bank they are not going to say let me see your certificate of authenticity. They will tell you if they are real or not. 1 3 2 3 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted December 10, 2023 Report Share Posted December 10, 2023 Frank26 Of course they [the banks] are going to verify it [your dinars upon exchange]. I love when people say, 'Hey Frank I need my Certificate of Authenticity...So I can give it to the guy at the bank to prove this is real dinars.' Who told you that? 'The guy that sold me the dinars...' When you take your dinars to a bank they are not going to say let me see your certificate of authenticity. They will tell you if they are real or not. If you purchased your IQD from a UST licensed vendor, you have nothing to worry about. IMHO. 5 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted December 10, 2023 Author Report Share Posted December 10, 2023 Added @ 8:30 AM MDT: Pimpy [Response to the the new Iraqi Dinar Commercial video...See Frank26 10-8-2023 video clip] The video shouldn't be shocking to anybody. The video that was released is only supporting what we've been reading over the last couple months - That Iraq was going to start taking pride in their currency, the government wants to encourage them to take pride in their currency, they want them to start getting away from using the US dollar and start using Iraqi dinar and together they'll do what it takes to strengthen the Iraqi dinar...Nice little commercial... 2 1 1 5 Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted December 10, 2023 Report Share Posted December 10, 2023 (edited) Despite what the goat says.... I can't get.my head round how they can swap out their currency at roughly 1:1 in country without being on the forex at the same time??? Edited December 10, 2023 by BETTYBOOP 6 1 Quote Link to comment Share on other sites More sharing options...
davis411 Posted December 10, 2023 Report Share Posted December 10, 2023 6 minutes ago, BETTYBOOP said: Despite what the goat says.... I can't get.my head round how they can swap out their currency at roughly 1:1 in country without being on the forex at the same time??? Agreed i joke but serious I don’t want to dress in a cloak and turbin and ride a camal to Iraq but I will if I am forced 3 1 Quote Link to comment Share on other sites More sharing options...
Dretown39 Posted December 10, 2023 Report Share Posted December 10, 2023 There is no in-country RV. Once the value changes it applies everywhere. 1 5 Quote Link to comment Share on other sites More sharing options...
T B Posted December 10, 2023 Report Share Posted December 10, 2023 why do the same ole gurus still wont to play and say that game for years now! wow!😂 1 1 Quote Link to comment Share on other sites More sharing options...
Artitech Posted December 10, 2023 Report Share Posted December 10, 2023 3 hours ago, BETTYBOOP said: Despite what the goat says.... I can't get.my head round how they can swap out their currency at roughly 1:1 in country without being on the forex at the same time??? They cant! 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 10, 2023 Report Share Posted December 10, 2023 7 hours ago, ronscarpa said: Mnt Goat ...the reinstatement is a multi-step process. First a new in-country rate of about 1:1, are they basing this rate on rumour that BRICS countries are siging onto a 1:1 peg? i have seen nothing to support his rumour! 1 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.