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Message Subject Iraq an economic Study
Poster Handle ReVbo™
Post Content
Kaperoni's anonymous associate's take on the replacement of the 250s and 1000s. Allegedly, the contract I referenced a couple months ago, that would take the dinar to a free market float, is still in effect because it was signed between the CBI and GOI and the market maker, not Shabibi personally.

"Speaking late last night to my AZ business contact, whom many of you know i reference because of his expertise in these types of developing countries, his thought was that Iraq may start the float at about .10 making these replacement notes primary. That would put a 250 at about $2.50, and 1000 dinar at about $10. Just his view and wanted to share."
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