Militia Man

Militia Man – Dinar Guru  Article quote: “If we assume the Central Bank issues a new currency this will not affect the exchange rate of the Iraqi dinar.”  This guy is not wrong…It won’t in my view.  The exchange rate will affect the new small denominations though…If they change the value of the exchange rate by dropping the three zeros, therefor the new denominations will be affected by it, which will be value.  It’s pretty simple.

This entry was posted in Uncategorized. Bookmark the permalink.