Jeff

Jeff – Dinar Guru  Question:  “Are they still working on ‘deleting the zeros’?”  Deleting the zeros does not mean anything regarding the exchange rate.  What it means is they have currency notes with three zeros, like a 25,000 note.  It means to replace a 25,000 currency note with a 25 note.  In other words a redenomination...But I have a fair amount of articles that state the two currencies will coexist together at the same value…Let’s say the dollar value against the dinar is $3.00 for easy math…Two currencies coexist simply means a 25,000 not would be wroth $75,000 after the rate change and a 25 note would be worth $75…IMO they’ll phase out the large three zero notes and give everybody 90 days to get them turned in and exchange.

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