ronscarpa Posted June 14, 2021 Report Share Posted June 14, 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 *** Pimpy *** There really has been a lot of talk about the rate change - not just by so-called gurus but in the news. Very interesting. Very very interesting that once again this topic is being brought up. You have a group of people not happy about the change that took place in the first place - saying that they should not have devalued the Iraqi dinar against the U.S. dollar...I know they said, 'we're gonna keep the same rate for 3 year.' Will they do that? There's always a good chance they might do that... *** Jeff *** Article: "Parliament: The exchange rate of the dollar against the dinar will be fixed for at least a year". Article: "Al-Kazemi's advisor reveals the details of the first economic reform program in Iraq and its launch date". Quote: "Starting in the years 2022-32 it'll be the first development decade for Iraq..." They're going to launch the white paper reforms in 2022...Based on general daily news they're probably planning to change the rate next year when they implement the 'White Paper' reforms. But...let's look at the sources of these articles...(post 1 of 2)... *** Jeff *** The first one is the parliamentary finance committee [the second a GOI advisor]. That's NOT the CBI! ...they made a key statement here. Quote: "Cougar said, "changing the exchange rate is the responsibility of the Central Bank." No body else. The CBI... only the CBI has anything to do with the value of Iraq's currency/changing the rate...This general daily news suggests to you Iraq might change the rate next year when they implement the economic White Paper reforms...none of this news is from the CBI. With that said none of this news holds any credibility...(post 2 of 2).. *** Frank26 *** Everyone knows. Everyone is talking about the exchange rate. Not just the citizens of Iraq but in many countries...the talk is all over the place about the exchange rate needing to go up in value...from the CBI to Iraq to the World Bank and many others are pointing the finger at the CBI and telling them, 'Raise the value of your currency.' The only one pointing their finger at the CBI and Kazemi and telling them to decrease the value of their currency is Iran and the Parliament of Iraq but they are a minority...they are but a drop of water inside of an ocean. The talk is opposite all over the Middle East. They are implementing a new 'mechanism' which is a new exchange rate... 1 4 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted June 14, 2021 Report Share Posted June 14, 2021 Thxs Ron, here is hoping one day that we see a substantial increase in value. $0.25 ? You wont see me for dust... lol pp 1 1 1 Quote Link to comment Share on other sites More sharing options...
edbeach Posted June 14, 2021 Report Share Posted June 14, 2021 This is all Bull Shite, They been spouting out BS for well over 10 years. Always getting closer to an RV. BULL, The guru's don't know anything except build hope up on the weak minds so people buy dinars through their sources or the power play so people think they know whats going on in Iraq. If you read the articles you know nothing going to happen for a long time. First they have to eliminate the corruption in the country. Get rid of these dirty corrupt politicians and pass the important laws. We all know what they need to do but some don't want to admit it that the RV not happening for a long time. 1 1 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted June 14, 2021 Report Share Posted June 14, 2021 20 minutes ago, edbeach said: This is all Bull Shite, They been spouting out BS for well over 10 years. Always getting closer to an RV. BULL, The guru's don't know anything except build hope up on the weak minds so people buy dinars through their sources or the power play so people think they know whats going on in Iraq. If you read the articles you know nothing going to happen for a long time. First they have to eliminate the corruption in the country. Get rid of these dirty corrupt politicians and pass the important laws. We all know what they need to do but some don't want to admit it that the RV not happening for a long time. Um, it's already been a long time. pp 2 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 14, 2021 Report Share Posted June 14, 2021 6 hours ago, edbeach said: This is all Bull Shite, They been spouting out BS for well over 10 years. Always getting closer to an RV. BULL, The guru's don't know anything except build hope up on the weak minds so people buy dinars through their sources or the power play so people think they know whats going on in Iraq. If you read the articles you know nothing going to happen for a long time. First they have to eliminate the corruption in the country. Get rid of these dirty corrupt politicians and pass the important laws. We all know what they need to do but some don't want to admit it that the RV not happening for a long time. So, do you still have a confidence in iraq dinar? How much confidence do you have in iraq dinar? Do you change your mind about iraq dinar? Quote Link to comment Share on other sites More sharing options...
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