TexasGranny Posted June 15, 2018 Report Share Posted June 15, 2018 Please post your questions below for Adam's Wednesday update. Please do NOT respond to the questions posted! Responses that are not on topic will be removed! 1 Link to comment Share on other sites More sharing options...
DWitte Posted June 17, 2018 Report Share Posted June 17, 2018 Hey Adam, aside from the HCL happening, what else do you think has to happen for the RV to become a reality? DW 3 Link to comment Share on other sites More sharing options...
Shedagal Posted June 17, 2018 Report Share Posted June 17, 2018 Adam, could the OPEC meeting this week help move the HCL to completion? 5 Link to comment Share on other sites More sharing options...
KristiD Posted June 17, 2018 Report Share Posted June 17, 2018 Regarding the Article 8 requirement that a country must maintain no more than a 2% differntial between the official rate and the market rate for 90 days before it can transition to Articale 8.... Since Iraq finally was able to maintain that compliance for 90 days as Friday, June 15, and since Iraq does not appear to have been motivated to do that until now, do you agree this is a good indication that Iraq wants to move to Article 8 shortly, especially since they've been had trouble maintaining less than 2% previously? And is it true that, by Iraq being Article 8 compliant, Iraq's currency will become "interntionally recognized, covertible and tradable worldwide"? If yes, doesn't that imply that once Iraq moves to Article 8, they will have to get off the artificial peg - either by 1) floating up from where they are now 2) bumping the rate up (a little or a lot) and then floating up from there (what you expect to happen I believe) 3) immediately adjusting it to the actual market rate today (whatever they decide that is)? Thanks Adam! 4 Link to comment Share on other sites More sharing options...
hawaii50hawk Posted June 18, 2018 Report Share Posted June 18, 2018 What is your opinion on the Warka situation? Can we recover our purchased shares? Link to comment Share on other sites More sharing options...
one2one Posted June 18, 2018 Report Share Posted June 18, 2018 do the regular iraqi citizens prefer to use our dollar or their dinar 1 Link to comment Share on other sites More sharing options...
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