Mnt Goat [post 2 of 2]

  In Mnt Goat 

This means for instance a 25,000 dinar note exchanged for a 25 dinar note.  Once the new rate was on FOREX, holders of the larger notes outside of Iraq would be allowed to exchange them for a period of time. This time period of 10 years was not precise and could be extended.  In short, we know the currency we hold will be exchanged for the rate on FOREX because they told us so. Remember this is different in Iraq . There is no RV like we are looking for within the country. Remember Executive order 13303 allowed the U.S. to invest in this currency and the government could have stopped the import of these dinars at anytime if this was a scam. It is figured that 10 million people now hold these notes in some extent. Most just a few notes.

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