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A financial expert comments on raising the dinar exchange: No one can speak!


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Actions speak louder than words!  Let your actions do the talking, which I believe they are. Never, in the time we have been in this investment , have we seen such decisive action as Al Kazemi has shown in this past year.  Its like a race to get all his ducks in a row so they can finally push the button and bring prosperity to Iraq.

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7 hours ago, Fred70 said:

Whatever the rate and whenever this hits I am all out.

yep because nobody can predict the rate and the date when the iqd is going to rv. some people want to wait a little longer in order to get a higher rate and some doesn"t. it is up to everyone decision.

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I say the rate is tied heavily to how much money Iraq received at the Donor Conference. Due to heavy corruption, Iraq received roughly a fourth of their financial expectations. 
With 25% of their expected goal to rebuild the country, Iraq will have to increase the rate 75% over their previous expected rate. Making up in purchasing power, what the corrupt government lost at the Kuwait conference due to their greed.  

This could bring a $3.36 rate to rebuild Iraq. 
 

JMO.  

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38 minutes ago, gregp said:

Making up in purchasing power, what the corrupt government lost at the Kuwait conference due to their greed.  

This could bring a $3.36 rate to rebuild Iraq. 
 

JMO.  

making up in purchasing power is the only reason why the iqd hasn't rv'ed in almost 17 years. So You were saying if they didn't make up in purchasing power, then the iqd will rv immediately at the rate $3.36? The rate $3.36 isn't bad at all. Everyone will love to exchange immediately and never look back.

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