Thursday Night Opinions @ 11:11 PM CST - 11/26/2020

[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

 

 

*** Jeff *** Article:   "Al-Darraji Demands The Central Bank To Adopt A real Rate Of The Iraqi Dinar"  ...Iraq is putting a decent emphasis on increasing their exchange rate...Here's an article from the 24th on that.  Article: "Al-Samarrai Calls For Reforming The Central Bank and Unifying The Exchange Rate"  Here's another one...from the 25th...it's really good that they're now putting an emphasis on this...their historical pattern is it takes them 3 to 4 months to get stuff implemented. 

 

*** Mnt Goat ***  Article:  "DELETING 3 ZEROS FROM THE CURRENCY .. PARLIAMENTARY FINANCE IS SUSPENDED AND DETERMINES THE SIZE OF THE COST AND THE ECONOMIC EFFECTS"  Quote:  "Exiting the financial crisis is not only by deleting zeros from the Iraqi currency because the crisis is mainly economic, indicating that "deleting zeros” from the Iraqi dinar needs to print a new currency."  I know for a FACT the new currency is already printed.

 

 

That's it for today ... Blessings ... RON

[screwball]

Sounds reasonable