ronscarpa Posted June 24, 2021 Report Share Posted June 24, 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 *** We must keep telling ourselves to remember that VALUE and RATE are two different things. We know for a FACT that the VALUE of the dinar is very high but the RATE to reflect the true VALUE is being suppressed. Why? Its called corruption...The Iraqi dinar has tremendous VALUE, as Dr Shabibi himself told the world way back in the early 2000’s that the dinar could sustain as much as $16.00 US in open trading. (I am not saying this is going to be the rate when it comes out). What we want is the RATE of exchanging to US dollars for Dinars to rise. We already have the VALUE... *** Pimpy *** Article: "The dollar continues to decline against the dinar with the closure of the Baghdad Stock Exchange" Again going in the right direction. It's doing it in baby steps but it's going...it got down to around 1470 for every one dollar...so it is going in the right direction. It's doing it at about...10 dinars at a time...as long as it keeps going in the right direction I'll take the baby steps... 2 7 1 Quote Link to comment Share on other sites More sharing options...
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