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Laid Back

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Laid Back last won the day on October 17 2015

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  1. “Specialists confirm that the dollar exchange rate will remain for another three years, due to the existence of an agreement between the Iraqi government and the International Monetary Fund, related to financial policy, and managing the issue of the dollar exchange rate, in proportion to the volume of currency circulating in the market.” There you have it. In another 3 years they will complete the White Papers reform Project. Go White Paper Reforms Go Economic Growth Go Stronger Dinar
  2. Pretty much 😂😂😂😂 Clearly they are getting ready for an stronger Dinar. Foreign currency reserves growing Gold reserves growing Oil exports Growing Go Stronger Dinar
  3. CBI is moving in the right direction. Gold reserves increased by 35% Very good news.! Go CBI Go higher reserves Go stronger currency
  4. Mr. Muqtada al-Sadr has accurate accounts, and he has patience, and we call him (strategic patience). “The consensus government is bringing back the same tools that the reference warned against, and there is no success in consensus, but the game will be revealed after a month or two."
  5. Because of GREED they make more money selling the oil directly bypassing the National Oil Company. They have been talking about this for many years.
  6. Kurdistan region gives the Oil to the Federal Government and Federal Government gives 17% of the Budget to Kurdistan Region Go HCL Go profit sharing Go purchasing power
  7. I believe SADR is removing his deputies from parliament to call to a massive street protest against the political parties that continues with the blockage to complete the government. Go SADR Go Protest Go revolution
  8. Education is the tool that breaks down all barriers. Education is part of the foundation of all progress and growth, both as an individual and as a society.
  9. 4 trillion dinars at the actual rate is $2.74 billion dollars. I don’t believe it. The auctions have been going on since 2003 and the central sales about $1 billion dollars a week in the currency auctions. It is time to stop the auctions and give real market value to the dinar or continue with the rampant corruption. CBI it is up to you to make a decision on the matter. Go CBI Go new monetary policy Go end of the daily auctions Go stronger dinar 1+
  10. Its been 8 months since the last elections and still no seated government. If the Supreme Court decides to dissolve parliament and go to new elections, forget about an RV at least till 2024. If we are lucky.! The Iraqi soap opera continues.
  11. “The Iraqi economy has now entered a stage of adaptation, development, and release of its own forces and important latent preparations in a positive, promising and unprecedented manner after the dangerous recession that the country“ Go Iraq Go development Go growth Go stronger dinar 1:1
  12. Foreign currency reserves moving in the right direction ⬆️🆙 - The foremost advantage of foreign currency reserves. It serves in meeting the international finance obligations including sovereign and commercial debts, financing of imports. - It helps in boosting the confidence of the market in the ability of a country to meet its external obligations. - It acts as cushion for unforeseen external shocks. - It Increases confidence of foreign investors and thus helps in boosting foreign direct investment (FDI). -It is use to adjust foreign exchange rate. The foreign currency reserves are invested mainly in instruments abroad which have the highest credit rating and which do not pose any credit risk. These include sovereign bonds, treasury bills and short-term deposits in top-rated global banks besides cash accounts. Go CBI Go international Go stronger dinar
  13. “FinanceMinister Ali Allawi as saying today, Wednesday, that the country's cash reserves are expected to rise to more than 90 billion dollars by the end of 2022, noting that this level is a record for Iraq.” Countries use foreign currency reserves to keep a fixed rate value, maintain competitively priced exports, remain liquid in case of crisis, and provide confidence for investors. They also need reserves to pay external debts, afford capital to fund sectors of the economy, and profit from diversified portfolios. Go Iraq 🇮🇶 Go CBI Go foreign currency reserves Go stronger dinar
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