Tuesday, December 1, 2015


Article quote: “Iraq also revived a long-delayed plan to redenominate the Iraqi dinar by knocking three zeroes off the nominal value of its banknotes… The plan is set to be implemented by 2017 after restructuring dinar by issuing two large banknotes — a 50,000 dinar note before the end of this year and 100,000 banknote next year and canceling small ones”.
So what does this tell us? It tells us they are right on track with their plan for currency reform when the 50k notes was launched (in November just before the end of “this” year – 2015).
There is a lot good news and it is all still pointing us in the right direction. It can only get better as time progresses.
Like a detective searching for clues this RV saga can be exciting too. Let’s see what happens next as we enter the last month of December and then 2016.

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