Saturday Night Opinions @ 8:45 PM CDT - 6/12/2021

[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: "The Central Bank of Iraq takes step that may contribute to the decrease in the price of the dollar."  This is good. Supply and demand.  The more money [U.S. Dollars] they put out there to sell...the less value they have.  This increase in sales is good for the dinar...we like this.  Heck yeah we do!  The more we can strengthen and support the dinar - Whatever they need to do.  All of these contribute one way or another...


*** Mnt Goat *** We all should know by now that the rate of the CBI is an in-country rate only and the IQD is not yet on FOREX...It is NOT yet activated on FOREX! ...Next, I want to say that the fluctuating rate of the dinar in Iraq demonstrates to us once again that the rate is being manipulated. It is artificially restrained from the realizing the real value. It is being held back. This is being done for purposes. The CBI has a plan it is carrying out...hang tight. This investment will be well worth it. It is not as far off as you think, not just now.

 

*** Frank26 *** the flow is already flowing IMO when you see the World Bank tell the CBI  'Raise the value.' - When you see the CBI come out and tell the money exchangers, 'We're in charge of the exchange rate not you. Stop it!' - When you see that the international world is pouring in, today Visa and American Express...That screams Article VIII doesn't it?  Of course it does.  But we still await the announcement from the CBI.

 

*** Pimpy *** Article: "The Central bank sells the highest amount of dollars since the exchange rate change"  That's good news...if they're starting to part more with the US dollar they're starting to regain a little faith in the currency - possibly...if they want to increase the value of the dinars vs US dollars this is one way to do it - flood the markets with US dollars.  

 

 

[Luigi1]

These are the very same rumors from years back.  Where's the currency change? SHOW ME THE MONEY.

[rvmydinar]

On 6/13/2021 at 8:45 AM, ronscarpa said:

*** Mnt Goat *** the IQD is not yet on FOREX...It is NOT yet activated on FOREX! 

We all know that. If the iqd was already on forex, we won't be here and will all be in the bank exchanging dinar for dollars.