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navira

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Posts posted by navira

  1. 5 minutes ago, blueskyline said:

    April 6th is the date Trumps tarrifs goes into force against countries manipulating their currencies. I don't beleive that to be the date of  ri . But I do believe our dinar is grossly undervalued . And I also would think countries take huge steps to stay off that list of countries . Let's see how Countries and their Central Banks react around that date ...I do like a portion of the title to this article  ....."Central Bank: We will begin to Enhance Bank Balances Abroad ". That's International.  And that's an Enhancement. It also reminds me of a vague memory I have of them saying the would do something with " the remaining balance sheet items ???

    That's the date when stimulus package begins to be sent out to all americans...i dont believe that to be the date of ri/rv. We have a long shot for it happening at this time.

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  2. 5 hours ago, tigergorzow said:

    MaryB Thanks,  DV, Does this mean the CBI will restart the "Currency Auctions" once the curfew is lifted?   Only time will tell and we wait patiently.  I do hope the "Auctions" have ceased for good.  Let's hope we will get an RV & RI sometimes in April 2020.

     

    GO RV & RI

    Yup, U got it. Like nothing happened, business as usual. Right now, the CBI is facing covid19...no one is able to update the auction. Rv is a long way from happening. 

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  3. 4 minutes ago, DoD said:

     

    navira, its obvious from your comment that you don't deal in the stock market. A market maker can an does change the price of a stock at the click of a button. These guys could adjust the price of the entire ISX is a matter of 10 minutes if that was case. I'm not saying their changing anything for the mighty RV but I don't buy them stopping trading for a week to change the price of a stock, hell they don't have but about 40 stocks trading anyhow....

    Haha...all I do all day is watch the stock market   I buy stocks and deal with them. I agree that stocks does change/fluctuates. I used to deal with currency trading but it's nothing like the stocks..

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  4. 23 minutes ago, jcav said:

     

    You are right but they also said for price adjustments.  What adjustments are needed for closing due to a virus?  Plus the auctions stopped as well.  That thievery has little or nothing to do with a virus.  

    Perhaps u didn't see the oil price dropped dramatically? This is their biggest source of income...Their budget depends on it...since oil price is down, lower than their objective price for the budget ...the price for everything else must also be adjusted

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  5. 3 minutes ago, TexasMike1958 said:

     

    I need to hear your reasoning why, because I just don't see it anymore.  I am not selling, but I sure don't have the optimism I used to have.

    I agree with your post. This rv may never happen and if it does, it is not going to be in few weeks or few months.....maybe in years but even that it is still vague. Just think for now that it won't ever rv, that way u won't get disappoint again. 

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  6. 10 minutes ago, DWS112 said:

    The President of the Republic intends to appoint Al-Suhail as prime minister

    2020-03-15

    The President of the Republic intends to appoint Al-Suhail as prime minister

     

    A political source revealed, on Sunday, that the President of the Republic, Barham Salih, intends to appoint Naim Al-Suhail as prime minister.


    The source said in an interview with Alsumaria News, "The President of the Republic, Barham Salih, intends to assign Naim Al-Suhail to the premiership."


    The source added, "This came after initial approval by the Shiite forces."


    Head of the "Sanad" parliamentary bloc, Ahmed Al-Asadi, announced today, Sunday, that tonight the name of the prime minister will be announced.

    Yup. He will be the PM

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  7. 17 minutes ago, DoD said:

     

    Does this mean your saying to put your champagne back in the closet an take it out of the ice bucket? 

    Yup..even if the dinar starts to float . It will take some time for the dinar to gain value with global stock market crippled due to corona virus. There was a law that talks about currency manipulator and selling of products fairly so as to make all countries be in playing field....all this to take effect in April 

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  8. 4 minutes ago, WheresmyRV? said:

    A New Currency Undervalued/manipulation Law is set to take effect and could force countries to change the value of their currencies. On April 6th 2020 this new law takes effect and could very well lead to the revaluation and the raising of value of many currencies. I always thought there was a basket of currencies that could all go at once. At some point a country whose currency is “under value” will have to make a decision to pay the tariffs or raise the value of their currency. Some country’s currencies currently classified as “Under value” “Over value” or manipulating their currency are Iraq , Vietnam, Thailand, China, Brazil, Argentina, Japan, Malasia, Korea, Germany, Italy, Ireland, Singapore, Mexico and Switzerland. President Trump wants a “level playing field” Some of President Trump’s new Trade deals with China, Japan, USMCA ect do contain provisions for currencies. It will be interesting to see what happens when this law goes into effect on April 6th, 2020

    This is someone's interpretation of the law/article that Floridian just provided. Nowhere in that article or law that specifically states a new currency undervalued/manipulation law...it states currency manipulator ...and products to unfairly benefit from devaluation.

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