Did you lose money? In dollars, on paper, a little. In notes, nothing. You hold the same number of notes you held on [last] Tuesday. At the old public rate, 1 million IQD was worth about $758. At the new one it is worth about $658. That is roughly $100 less on every million. A single 25,000 dinar note went from about $18.94 to about $16.45. No holder we know bought IQD to sell it back at the official rate. The reason people hold it is a far larger change in value, and a 13% step in either direction does not settle whether that comes. :Reset Intelligence [Post 2 of 2]
