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Re: nyjfan post# 19030

Sunday, 01/04/2009 6:46:42 PM

Sunday, January 04, 2009 6:46:42 PM

Post# of 29699
Yes... like a reverse split. They will issue a new currency and you will exchange what you have for a the new currency at a rate of 1000 old for 1 new… hence the term “remove/raise 3 zeros.” If they give you the chance to exchange.
In the last 30 or so years… about 80 times countries around the world with similar situations to Iraq have done just this.
Never once has a country simply reverted back to it’s old rate… or done a massive RV… NEVER!!!

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