ronscarpa Posted June 21, 2021 Report Share Posted June 21, 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 Article: "Al-Kazemi's advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar" Quote: "The Central Bank had confirmed the stability of the dollar exchange rate and the absence of any intentions to change it." People keep talking about this...that a rate change is coming - coming sooner than you know. I believe it's going to change too but not that dang soon...I'm surprised it's taken this long but hang tight it's going to happen... *** Frank26 The U.S. Treasury directly told the CBI, 'Raise the value of your currency'...we have articles - IMF telling the CBI, 'Raise the value of your currency' directly. I mean directly the World Bank tells the CBI, 'Do it. Do it. You're sovereign. Raise the value.'...Look at all of those that are telling them to raise the value of their currency beside you. *** Pimpy We haven't had any kind of disruptions recently. No civil unrest. No protests. No missiles. No terrorist attacks. No Iran being bullies. It looks like foreign companies are coming in to do business. Looking real good. And the dinar is going in the right direction. *** Kaperoni Almost a year after it was written, Iraq still has not implemented the majority of the 'white papers' which were designed to diversify Iraq's economy. I assure you, Iraq has no intention to raise the value of the dinar under the current conditions. Iraq must pass laws and create a suitable investment climate before the dinar could ever appreciate in value. ...as I've stated numerous times the Iraqi dinar is pegged to the US dollar so outside the country the exchange rate is fixed and does not change. Until they decide to unpeg and float the dinar there will be no International change in the currency value. 2 7 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted June 21, 2021 Report Share Posted June 21, 2021 6 hours ago, ronscarpa said: *** Pimpy the dinar is going in the right direction Hey pimpy, is the current rate 1460 going in the right direction? the rate went down from 1190 to 1460 back in december 2020. Do you think the dinar is going in the right direction? Quote Link to comment Share on other sites More sharing options...
edbeach Posted June 21, 2021 Report Share Posted June 21, 2021 8 hours ago, ronscarpa said: 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's advisor: The Central Bank is able to control the exchange rate of the dollar against the Iraqi dinar" Quote: "The Central Bank had confirmed the stability of the dollar exchange rate and the absence of any intentions to change it." People keep talking about this...that a rate change is coming - coming sooner than you know. I believe it's going to change too but not that dang soon...I'm surprised it's taken this long but hang tight it's going to happen... *** Frank26 The U.S. Treasury directly told the CBI, 'Raise the value of your currency'...we have articles - IMF telling the CBI, 'Raise the value of your currency' directly. I mean directly the World Bank tells the CBI, 'Do it. Do it. You're sovereign. Raise the value.'...Look at all of those that are telling them to raise the value of their currency beside you. *** Pimpy We haven't had any kind of disruptions recently. No civil unrest. No protests. No missiles. No terrorist attacks. No Iran being bullies. It looks like foreign companies are coming in to do business. Looking real good. And the dinar is going in the right direction. *** Kaperoni Almost a year after it was written, Iraq still has not implemented the majority of the 'white papers' which were designed to diversify Iraq's economy. I assure you, Iraq has no intention to raise the value of the dinar under the current conditions. Iraq must pass laws and create a suitable investment climate before the dinar could ever appreciate in value. ...as I've stated numerous times the Iraqi dinar is pegged to the US dollar so outside the country the exchange rate is fixed and does not change. Until they decide to unpeg and float the dinar there will be no International change in the currency value. Finally see someome making sense about the dinar. I agree with Kaperoni they need to pass laws and stop the corruption before anything going to happen concerning the dinar. Until they decide to unpeg and float the dinar there will be no international change in the currency value. These Guru's keep talking every week to RV the dinar. Not going to happen like this they been saying this for years. The government does not want to raise the value the corrupt politicians want to keep things the same. Thanks Kaperonia for your insight and telling the truth of whats going on in Iraq. JMHO I Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.