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Tuesday Afternoon Opinions @ 4:30 PM CDT - 9/02/2021


ronscarpa
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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. :twothumbs:RON  

 

 

*** Pimpy  When the first rate change takes place I have a feeling it's going to be a little bit on a low side.  Not tool low but let's say it's a $1.74...a bulk of people are gonna go running down there and cash it in because they want to hurry up and do that...if you have enough dinar to do this I say you take enough down there to pay off your bills, to get enough money to live very very comfortably and then hold on to some.  Exchange rates are going to keep going up because they're much stronger country than Kuwait is.  This is going to be the trading Mecca of the Middle East.  There's no doubt about it.



*** Kaperoni  The only way that dinar can go up in value is for them to float the currency gradually over time. Doing so would allow them to not only reduce the currency in circulation, but allow it to go up in value gradually to counter any inflationary pressure created from economic success.

 

 

:salute:

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