|
Search the Community
Showing results for tags 'hearsay'.
Found 2 results
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON MarkZ From Iraq: Article: “Full Cabinet decisions at today’s meetings.”' Today they were making decisions and moving money, changing ministers and all sorts of things today. They are making decisions in today’s meeting that requires a budget to be done. This leads me to think the budget is already done and they are waiting to announce it along with the new rate. Nader From The Mid East Article Quote: "...Foreign currency sale window platform...The growth has helped in reducing the gap between the official and parallel exchange rate significantly over the past days. The growth rate of banks participating in the platform reached 155% while demand levels raise from 42 request per week to about 1,280 requests...volume amounts for these requests rose from approximately $44 million per week to more than $490 million per week..." I follow Mohamed Salih, he's very good. And a second one it's the CBI. Sandy Ingram The 2nd International Conference on Real Estate and Investment kicked off in Baghdad Yesterday, May 1st. Baghdad is entertaining neighboring countries and foreign counties to encourage investment in the area. Iraq is on a roll of progress. Deepwoodz [Q? : Is dropping the zeros even in play here? Any articles saying so?] If not, it’s going to be some time at the current rate of progress to get 1-1.5. That’s why I question the significance of becoming parallel. Is that part of being compliant that will facilitate a larger jump? Walkingstick [Iraqi Bank Friend Aki's CBI meeting report] WALKINGSTICK: Employees are now paid in IQD throughout Iraq. FRANK: What does it mean? It means they're Article VIII...that the currency of Iraq has a new value to it and they know it. WALKINGSTICK: ATM machines are in the private banks are now linked internationally all around the world...the tender for the new national currency and the coins has been fulfilled and it will be done by DeLaRue... The exchanges that will occur through the ISX and the ESX, that date was given in order to start trading internationally. FRANK: I'm very curious to know when that date is...! WALKINGSTICK: The introduction of the notes and coins was given. Mining operation contracts rolling in now. All of them paid in Iraqi dinars... MarkZ ...the Iraqi dinar...was valued at $4.04 against the USD in the late 90’s. Then it cratered with all the sanctions against it after they invaded Kuwait. Everytime they have revalued their currency over the years…they have not just dropped zeros…the value changes and you come out ahead. …They have significantly changed values 3 times over the last 100 years...Similar to the value change we are all looking for right now.
-
Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq...so, take everything with a grain of salt...especially from Mark... RON *** Mark They expect the 2023 Iraqi budget by the end of this month or early in Dec. We were told by many sources in Iraq that they expect the new value of the dinar by the CBI before the new budget. This gives us a very short window. I think it’s good news and gives us something to look for. In the last week they have told us that now it falls totally with the CBI. The government has told us they need the new rate for the new budget. I think we are looking at the magical confluence of events to see the value change of at least the Iraqi dinar if not the entire reset. Hopium from Mark..! Plus, I don't recall the government telling us they need the new rate for the new budget. There are members of the GOI who are for a value increase, and those opposed to it. RON *** BobTheTaxMan Let's talk taxes...[changes] are hidden inside what they call "The Green Book"...when the RV comes to fruition it's going to move you up. It's going to catapult you right into the net they're setting out in front of us...There's going to be "surcharges" on certain high-income taxpayers..The green book proposal would raise the top tax bracket to 39.6% from the current 37% and reduce the applicable income threshold to 400,000 for individuals...$450,000 for married couples filing a joint return.
