Mnt Goat

  In Mnt Goat

Article: “A SERIOUS” NOTE FROM SPECIALISTS AND INTERESTED IN THE MONEY MARKET HAS IRAQ RESORTED TO PRINTING THE CURRENCY”  All this article is telling us is that they collected the old money already in circulation each year and distribute new, fresh notes as replacement currency. They normally do this each year at year-end but this year the CBI did it mid-year in July. This hyping up of this event is FAKE news to get investors to stay away from the dinar, as Iran wants and needs to keep the dinar low and not revalue higher. It is still important for us to look at why the CBI did this mid-year and not at year-end?