You are Welcome...a redenomination is far more likely and has happened many more times then a 1000% increase in the value of a currency. I think too many people try to interpret "between the lines" of what is said. If they would only read and take what is said as reality, the unknowns of the future become much more easily predicted. I am aware that many of the articles dealing with the redenomination and revaluation have been conflicting, but where there is smoke I think there is fire.
I am afraid that I was drawn into this with the unrealistic expectation of the value of my investment increasing at an incredibly phenomenal rate. However, as stated previously, a redenomination and modest immediate increase of value to a one to one exchnage rate for the dinar with the dollar may be all that we see for a while. Then as the economy grows and the oil production increases, we might be lucky to double or triple our money as the rate climbs to that of some of the other oil producing ME countries.
If that sounds unreal, please, I am all ears. I will continue to be quiet and listen as to why it is based on knowns and facts not intel,rumors or suspected coded speech by politicians and world leaders.
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