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Posts posted by dinarham
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Except for a few pips , the forex shows that iqd /usd has flatlined straight as a board . Oddly enough , iqd / chh took a real dump .
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" Hey , world , we're going to revalue our currency on this date , so load up ". Smoke and mirrors.
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Forex currency converter , IQD still flatlined but at a straight up 1300.000 . Boom .
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Secretary of the US Treasury Janice Yellen {sp?] announced that there was enough in our federal reserves to avoid the looming debt ceiling . 10 days from now .
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IQD has been depegged for a while . I can only guess why it's flatlined , that guess being that it's not being traded , sell point and buy point being the same ?
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Iqd has been flat lined on forex currency converter since May 3
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What's up with this?? Oanda now showing iqd at 1292.14 , below the official 1300 rate.
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Still flatlined at 1,310.0000 . This is crazy considering all latest news on IQD.
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They have been depegged for awhile now .
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Still flatlined at 1310 , nice round number,
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Nary a pip . This is weird , artificial, and says something other than what it is.
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If government agencies have budgets to implement , it makes sense that the financial power that is over them would have a budget too.
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Nary a pip . This is weird , artificial, and says something other than what it is.
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Iqd has flatlined on forex for days now.
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I hear that the extension of Presidential order #133033 now allows US citizens to invest in Iraqi businesses . Such a synergy of events are occurring now , the budget , ongoing elimination of dual currency , the G7 , and the debt ceiling looming . Biden declares that the US will not default . That takes money ,and where the hell is that going to come from? The US Treasury holds all of Iraq's foreign reserves , and also DFI funds . My guess is that the US powers that be want to hold on to these funds as long as possible , thereby maintaining control over Iraq . Plus this money earns interest and can be leveraged . Dems have taken this as far as they can , and with US default , they can't go any further . Hang tough , you crazy diamonds .
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Plus government agencies have to pay all expenses in dinar, and all real estate and car purchases must be made in dinar.
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1 hour ago, ronscarpa said:
Thanks Everyone for the stimulating conversation, and thanks to Luigi for starting it all ... RON An administration change could reverse "some" of the damage done..!
WHHAAATT ??? has it rv'ed ????
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When I see something for sale made in you know where , I put it down.
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The changes Iraq is making qualify as a paradigm shift ,a profound change . Intrinsic to any big change is a period of confusion before the change is made .
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What I hear is that Iraq is wiping up debt bigtime . With all these entities moving into Iraq that are all about international money transfers , the BSCS in place , many international businesses holding iqd set to go , it's all good . Hold tight you crazy diamonds . Patience rewards.
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Good question. All I know is that this limit has been in place for months . The lower notes are unavailable for the most part .
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There is a limit to how much dinar can be taken out of Iraq , that being$ 10,000 iqd , which is equivalent to$80 usd. So what currency are they using to purchase usd ?
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I believe that the Iraqis have faith and hope in their country , and are being patient . CBI officials are most likely aware of how things can go , and don't want starving masses barging into their living rooms
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Monday Early Afternoon Opinions @ 2:45 PM CDT - 5/29/2023 * Memorial Day
in Dinar Rumors
Posted
The Development Road in Iraq is a huge undertaking , linking Asia and Europe overland , as important as the Suez Canal .