ronscarpa Posted March 25, 2021 Report Share Posted March 25, 2021 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 *** Mnt Goat *** Many of the MPs say they will now boycott the voting process and not vote on approving the 2021 budget except in the case of returning the previous dollar exchange rate to 1200. So as time passes and oil rises, they are making this a contentious issue. So again, I am telling you that because oil is rising and the CBI is still keeping the rate at about 1450 tells us there is much more to the devaluation of the dinar that meets the eye. It is now obvious that it is not all just about balancing the budget and paying off debt...It was also about collecting the larger notes out of circulation in preparation for the deleting the zeros project. This project will mean a revaluation of the dinar to significant levels that we as investors want. ... A very interesting perspective...lets hope she is correct in her observations and opinions. I would assume the CBI would be explaining to some degree to the members of the GOI their plan and intentions..without divulging the timing..! RON 5 3 Quote Link to comment Share on other sites More sharing options...
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