Thursday Morning Guru Opinions @ 9:15 AM CST - 4/09/2020

[ronscarpa]

 

 

4-9-2020  Newshound Guru Kaperoni   The IMF recommends that the CBI start.. “creating the conditions which would make possible a move to a more flexible exchange rate policy" (float).  This would prepare them for a more “predictable and gradual appreciation of the nominal exchange rate.”  We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).

4-9-2020   Intel Guru Frank26  ...all of these meetings [Fab 4, CBI and MOF etc] in my opinion tie into one thing.  The direction of the monetary reform of reinstatement.  All these meeting or "this one meeting" is rather consistent now.  It's almost turned into a lava flow of information for the citizens...it leads to only one thing - a change in their currency structure.  These meetings are not the yellow brick road.  It's the golden road for the citizens of Iraq to finally see something that is so unknown to them - purchasing power.  The yellow brick road originates with the Central Bank of Iraq...this meeting is the only way to start the end...

 

Good Thursday Morning Dinar Vets - have a Blessed Day..!  RON

[Joel G]

Thank you for the update Sir!

[adhoc10]

2 hours ago, ronscarpa said:

Good Thursday Morning Dinar Vets - have a Blessed Day..!  RON

Good morning Ron, I'm becoming very optimistic with the consistency of these opinions.Have a great day!!! 

[ronscarpa]

4 hours ago, ronscarpa said:

 

4-9-2020  Newshound Guru Kaperoni   .....  We already know the plan is to float dinar based on the IMF statement above (gradual appreciation).

 

He is correct in saying it will Float...However, it will have an increase in value before it starts to float; and it probably will be some form of a managed (controlled) float. JMHO.!
Have a Blessed Day Everyone..!  RON

Edited April 9, 2020 by ronscarpa