Monday Night Opinions @ 11:35 PM CST - 11/16/2020

[ronscarpa]

Good Evening DV, here's a few opinions & comments that might be of interest to you. 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. RON

 

 

*** Frank26  ...what more is there to tell you?  I already told you that the upper echelon executive level of the banks met with the CBI and they discussed with the citizens about the new small category notes and the new exchange rate...I don't know if it's going to happen this week, next week or whenever...you are always ahead of the learning curve with us.  I'm not trying to boast...


*** MilitiaMan   Article quote: "...Using various monetary policy tools in order to control inflation and restore the Iraqi dinar exchange rate to a good level, as it was before the Iraq - Iran war (1 dinar pound equals $ 3.30) by activating and activating the monetary tools of the Central Bank with Increasing the activity of the stock market and the banking sector."  ...articles today and recently talk about the stock exchanges and the secondary markets...They want it back at a good level too!! Their words and not mine.. imo.  Lets not forget and it is key, that they can and will be able to internally borrow with an exchange rate like they had in the past. My view is if and when they do get back to where they were, that could usher in the stolen monies in the tune of $150 billion. That along with a new exchange rate would help establish a better credit rating, just as automation at the borders and ports will... Iraq is in the drivers seat, now to just buckle up and put her in gear now!!
 

 

[rvmydinar]

6 hours ago, ronscarpa said:

restore the Iraqi dinar exchange rate to a good level, as it was before the Iraq - Iran war (1 dinar pound equals $ 3.30) 

 

 

$3.30 hmm i like it when someone is talking about rate. But i wish the cbi is talking about rate.