Newshound Guru Pimpy – Iraqi Dinar Guru Update (21-05-2023)

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Newshound Guru Pimpy: I would love to see Iraq change the exchange rate again – lower it. Go from 1320 per dollar and bring it down to around 1100 [note: going down in this instance is good for dinar investors]. By doing this it allows the Iraqi dinar to strengthen so that they can buy more goods with their dinar when they are importing goods. People will want the dinar more than the US dollar. This seems to be a good move. It’s not a huge increase…they were at 1190. I will bring it back to 1100 and see what happens from there… (Newshound Guru Pimpy)