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Re: ema-266 post# 21612

Thursday, 02/25/2010 10:25:03 AM

Thursday, February 25, 2010 10:25:03 AM

Post# of 29699
If they give us the same amount of dinars after the currency exchange and it is .82 or whatever than yes that would be a reval but if our currency goes from million to thousands with this conversion that that is a straight across the board transition of worth meaning the same as what the worth was prior and after we exchange currency but that is not a reval. From this point they cold reval in bits like we had talked years ago. This way Iraq could BUY BACK some of their money at a cheaper rate.

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