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mally2

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About mally2

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  1. CBI News 10/18/2017

    Interesting DWS. Maybe they want to show the lower denoms that have been withdrawn because they are about to introduce new lower denoms.
  2. Anything on Abadi's UN Speach Today?

    And now they are gone from the schedule. Geez, its like its the UN's turn to mess with dinarland.
  3. Anything on Abadi's UN Speach Today?

    Looks like they moved Iraq back a few spots. Check that schedule again.
  4. Anything on Abadi's UN Speach Today?

    If you go to the UN twitter page they had a live stream up. Im at work but about 20 minutes ago Ghana was on stage so still quite a few away from Iraq's slot if they are indeed on the list.
  5. Anything on Abadi's UN Speach Today?

    Hmmm, interesting. And its says its Abadi speaking, did he sneak off to NY this morning?
  6. Iraq was part of the agreement, the Kurdistan region however received an exemption so they can pump as much as they want.
  7. If you google Iran to swtich to Toman you will find a number of articles from last December when they announced their intention to do this. This article says the cabinet approved a bill to do it. Im assuming that is like the com cabinet meetings in Iraq. Now that their cabinet approved it I assume a bill will be put in front of their parliament and we've seen how that goes, in Iraq anyways. Could happen quickly or.....
  8. Its a very old picture. These are the old 250 Saddam notes being collected for destruction.
  9. I'm guessing this is a generic stock photo and not even Iraqi currency?
  10. It sounds great. Things are moving but its still confusing mis-direction nonsense imo. JMO so dont shoot the messenger but I think hes saying that they have had trouble controlling the spread between the dollar and the dinar due to shady currency traders and speculators who want the dollar. Their two choices have been to allow the price of the dollar to go up due to this, ie the dinar drops in value on the street, or they blow through more of their foreign currency reserves getting more dollars on the street for sale. We all know neither option is appealing to them as both options hurt the value of the dinar in the long run. He says they are working on an option in between but that sounds like more of the same system with better controls, hopefully its not imo. Hopefully its a totally different system where the dinar is worth a lot more, more easily tradable around the world and more desirable. Then you wouldnt have such a demand for the usd.
  11. IMO it's just saying that the us dollar gets expensive on holidays when banks are closed and the usd isn't readily available, thus throwing off the bank/street spread of the dinar. They're changing up procedures now to combat this, those double auctions we've been seeing and other procedural changes to keep the street spread in check. It's good news, part of the reforms, but nothing to get too excited over imo
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