Wednesday Late Night Opinions @ 11:35 PM CDT - 4/14/2021

[ronscarpa]

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: "Al-Kazemi: The Central Bank reserves rise to more than $60 billion"  this is good.  Why is that?  The more of the reserve dollars that they have, the more foreign currency they have in the reserves that...strengthens the dinar.  This is awesome.  It's good to see.

 

*** Mark ***  [Comment:...It has the possibility to go back up internally if they collect enough Dinar off the streets.] They have definitely been doing that.   We have seen that in the main stream news…they have collected about a trillion and a half dinar off the streets in the past 2 months. Is there a set number they are looking for…no…I hear once they stop getting an inflow off the streets, then I’m told it will go, and go quickly. Told by who Mark...Santa..? 

 

*** Frank26 ***  The goal is to change the rate. And it will be fixed. But, IMO, because oil prices are changing constantly the float outside is going to move a little faster than I calculated...


4-14-2021   Newshound Guru Pimpy    I see it all the time in the news and it's interesting to watch.  We are seeing now almost on a daily basis is some type of talk about the exchange rate...the news is paying attention to what is happening on the open market.  Very very interesting.

 

 

That's it for today folks ... Be Blessed ... RON 

[screwball]

thanks

[fioranosportscars]

ty...