HOT: Monday Late Night Pimpy Opinion @ 11:30 PM CST - 12/28/2020

[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

 

 

*** Pimpy ***  Article:   "An advisor in the central bank determines its orientations regarding the exchange rate and the possibility of changing it again"  ...technically what they said [before] was they would only devalue the dinar one time not change the rate...I thought this devaluing of the dinar was only a short-term thing.  It just didn't make sense to me especially since they had so much building to do and how it disproportionately affected the poor.  So now it looks like there's already going to be pressure on them to go ahead and decrease the rate so the value goes back up for dinar holders... 

 

 

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

[JonnyV]

12-29-2020   Newshound Guru MilitiaMan  I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as they possibly can. It is clear...They are going to update the exchange rate before the end of the year. One can say, well they did already from 1190 - 1460 and one can say they are to do it again based off todays articles from 1460 - 1660. ...Hindsight shows they did tell us though one way or another that they are or were  going to devalue the currency and also revalue it.