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Sunday Early Morning Opinions @ 8:05 AM CST - 3/07/2021


ronscarpa
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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. :twothumbs:RON

 

 

 

*** Pimpy *** People are asking me about the rate... Nobody knows...It's all speculation.  I know people like to equivocal what happened over there in Kuwait with Iraq...There's huge differences...One is the length of time in-between when Kuwait devalued their currency to when it was revalued...Also the amount of Iraqi dinar...out in circulation is way bigger than what was going on over there in Kuwait.  Having said that, that doesn't mean it's not going to happen.  I'm just saying, people go around saying this is the same exact thing.  I was one of those people.  There were a lot of similarities between them but then when you start taking other factors into consideration that all play a part in what the dinar rate is going to be...
 
*** Frank26 *** They are going to reveal the Real Effective Exchange Rate (REER) and they're going to show them the face value of the new small category notes.  This is what we've been calling the second article from the CBI for a very long time.
 
:salute:
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