heres a new rumor, dont know if its true or not but what if it is??
I called a dinar buddy today to chat and see whats new and news, since I have been in the hospital undergoing surgery for the last week. He says that Ali and I think neno got hold of a Iraqi one dollar note!!! that I think is amazing to what it could mean to all of us. So open up your ears and eyes our time might just becoming on its way !! your thoughts
New Iraqi 1 Dinar Denomination Notes Released
Yes, finally word is out on what was to replace coins pulled from street, and now the question is, what coins will follow. The 1 dinar would not make sense unless there was an impending restoration to former levels in my opinion, in other words, with a 1 dinar note being introduced, what will the coins be, obviously, .01, .10, .25 would be logical, but as we have all seen, Iraq seems to lack logics. lol.
We all know there will be new coins, for there are no countries I know of who don't use coins in their currencies, so this is indeed a new beginning and perhaps we are closer now than ever to this long awaited restoration to former rates. With U.S. dollar collapse over past couple years, I have to wonder if the dollar peg will even be used any longer. Sure has been an intersting ride, if not longer than we had all hoped for, but this is progress, so we are going in the right direction.
Remember many months ago it was mentioned that goal was to hit 1200 level by CBI? Well, could this be the point where restoration is made, so they are preparing ahead of target? I try to use logics, and maybe, just maybe this is the target for revalue, hitting 1200, and we are not that far off, so I am keeping my fingers crossed. Most of my contacts are as frustrated as I am, and everyone else here, but this seems to be the conclusion many are coming to, but don't hold your breath, it may take a few more months to hit 1200 mark.
Good luck to all, Mike