Mobius: The Cabinet of Ministers of Iran approved in its meeting Wednesday, a proposal to delete 4 zeros from the national currency Riyal. The governor of the Central Bank of Iran, Nasser Hamati, is due to present details on the new government decision later. The official price of the US dollar is 42,000 riyals
Ulued: Unexspected changes are expected for such a world wide event. The GCR
Betmar: yesterday many dealers were selling iran rial on ebay in large amounts( by the million), today they are all gone--all pulled off
Lightspirit: I believe Iran has gotten tired of Iraq's dependence on USA and they have revalued in order to de peg. If enough countries decide to ignore Trump they can reinstate
Lightspirit: Maybe if Iraq decides to take a chance their and move to lower denoms they will have a easily exchanged money In the effort to collaborate with Iran
Briona: Iraq is just waiting for the go signal, everything will change at once.
Don961: Iran deleted 4 zeros from its currency
Release date: 2019/7/31 10:40
(International: Al Furat News) The Cabinet of Ministers of Iran approved in its meeting Wednesday, a proposal to delete 4 zeros from the national currency Riyal.
The governor of the Central Bank of Iran, Nasser Hamati, is due to present details of the new government decision later.
The official price of the US dollar is 42,000 riyals
link - http://alforatnews .com/modules/news/article.php?storyid=205461
Emailed to Recaps:
MarkZ Wednesday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: My paymaster for my personal SKR….will have an update at noon today and we expect to have our funds today…As of last night they expect 4a to finish today…..I am very excited about the possibilities today has. They expect today is the “go”day to distribute funds for SKR’s
MZ: My redemption center folks still expect 4b to start tomorrow,
MZ: I hear that making the appointment is the important part and we will have weeks to get to the RC’s/banks
MZ: Still hearing CMKX , PP, and all of that….deliveries will start again tomorrow on Thursday..
MZ: I will also have a stream tonight at 8pm est…I have a special guest –Mr. Mike Blackwell will join us. He will bring us the how and why we got here…..lots of inside stuff.
MZ: I still hear that the street rate in Iraq will be $3.91