Spartakus
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Posts posted by Spartakus
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KD, if Trump was winning would you have said that. For everyone info, I voted for Trump.
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Wow amazing! Where is America going? How did we fall so deep?
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Let's be real here the President could have handled it much better. It's a real issue he belittled it while thousands of people are dead.
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This is it my friends, there's always "something" in this life.
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So far Bush, Obama, and even Trump couldn't make it happen. America can help, guide but in the end it's up to the Iraqi government to revalue their currency.
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Well, let's hope that it revalues finally, because whichever way one looks at it, as far as I'm concerned, something is always better than nothing.
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It seems like it Jaygo. I hate loosing Mike Pompeo.
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Thank you Yota you're always working hard to keep us informed!
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Does this mean that the CBI and Al- Rafidain bank will be selling the US $?
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I share your statement Rmc10. Now within days to be correct must be in less than a week (7 days).
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We can always sale back our dinar and never look back.
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Thank you for your hard work Mary B. Please don't give up it will be over one day in a positive way for all of us.
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It's amazing about how many delete zeroes articles we're getting lately, something has to give soon: this is USA soon not Iraq.
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What he means is that the Iraqi dinar should be free from zeroes. Now, unless you free the rate also from zeroes that would be a lop. A very bad thing for us as investors.
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What is this article really saying?
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I agree with you Floridian but fortunately he's just an economist giving his opinion. I don't think that this Iraqi government would do worse than the last one.
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Even Allak didn't want to devalue the dinar. This action might be good short term for the government but detrimental to most of the citizens of Iraq.
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CBI is under new management hence new procedure for doing business. The article doesn't give any clue of anything else.
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Both CBI and Kudestan have auctions now.
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Very interesting, it reads like the CBI will no longer be doing the currency auctions, they will be done in Erbil. I guess that the CBI will be dealing with more important things like a free or manage float after of course raising the value to par with the USD.
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Let them try! President Trump has to be reelected if it's only to continue dealing with Iran and China.
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LB, 10/1 sounds really good. There is another article saying that the European Union may remove Irag from the list of countries with bad financial management in October. Why October?
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CBI Daily Auction & Currency Exchange Rates - Sunday - 11/08/2020
in Iraq & Dinar Related News
Posted
I agree. They were compliant for over a year and did nothing in relation to raising or changing the exchange rate.