Pimpy

Question: "Do you think the war is finished with Iraq or not?"  Because the war powers are still available to Biden,...

...If the Iraqi dinar is re-denominated, that's when they LOP off the zeros, delete the zeros, reduce the zeros, remove...

Re-denomination, that's only removing the zeros off of the Iraqi dinar.  That's much more different than increasing the exchange rate...

Article: "The Minister of Finance and the World Bank are discussing support for the economic and financial reform program"  Usually...

Did we hear this rumor correctly?  Did Iraq find a replacement for oil? ...It's been under their feet the whole...

Community request  "Please tell us about the smaller notes, 500s, 250 and 50s. Will they be a throwaway?  What is the good...

It really looks good for the future of Iraq.   Outside of the corruption that's in the government.  If they can...

 Community Comment:   "It's the exchange rate.  I don't know where they get taking zeros off the bills."   Every study out...

Community Comment:  "I printed this executive order out and took it to my my bank manager.  She agreed that executive...

  Where did anybody get the information that the Iraqi citizens were going to be paid for the hydrocarbon law?...

We're dealing with two different things... We have what's known as the nominal value, which is the numbers on the...

This is the World Bank data bank - Real Effective Exchange Rate is the nominal effective exchange rate in measure...

The IMF, WTO, World Bank and whoever don't have a say whether or not Iraq LOPS off their zeros.  That...

When they re-denominate all currencies are going to have a new look.  Most likely what you're going to see is...

Surprise!  I literally just a couple months ago was looking up the steps Iraq has to take in order to...

Community Comment:  "George Bush once stated the war will eventually pay for itself."    Nope that was Paul Wolfowitz.   He worked...

Iraq has now joined the World Free and Special Economic Zones Federation.  The other day we read an article about...

People keep taking about the $3.22 rate.  In their minds they keep thinking, 'Oh yeah, the $3.22 rate when Iraq...

People always say, Oh, you know, President Bush said the Iraqi dinar will pay for the war itself.  No, what...

 Once they re-denominate the old currency is no longer any good.  You can exchange it for the new lower bank...