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Wednesday Afternoon Opinions @ 4:35 PM CDT - 10/13/2021


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  

 

 

*** Deepwoodz  IMO...someone isn't happy with the [election] results!  [Articles posted by Newshound Guru Samson] "Iran stops the process of exporting gas to Iraq, and a decrease in hours of electricity supply" "The Iranian press justifies the loss of Tehran's allies in the elections with 'Iranphobia'"

 

***  Desert Advisor  Who won the elections Al-Sadr. What happened?  He comes out and says this, Article Quote: "We will work to raise the Iraqi dinar to be in the ranks of global currency gradually." This guy was just elected and right away he says we want to raise the Iraqi dinar in the ranks of the global currencies - gradually. Is that the 5 year plan they talked about with the reform of the white papers Does that mean there won't be an RV?  But it's slowly going to float all the way I don't know.  The global currencies - their neighbor Kuwait at $3.32 and Jordan at $1.41 and if you may or may not know the Iraqi dinar was worth over $3 in the 90's.  So who knows what they're going to go to in those ranks.

 

*** Mnt Goat  The Central Bank of Iraq (CBI) in coordination with the Finance Ministry will decide when the RV happens not some election cycle. They will do it based on sound economic and financial policies...First, we need to see the project to delete the zeros...There is a process involved...the beginning of the fiscal year is the most opportune time for the CBI to conduct this process... the first step being to kick off the process with the project to delete the zeros. Then the CBI monitors or watches for inflation (how long we don’t know and even the CBI does not know) and if all went well within Iraq they would then decide or decline to go to FOREX and reinstate the dinar. To ensure the crash of the Iraqi dinar does not happen upon the reinstatement, they are pursuing (have pursued) all avenues to beef up the dinar and support the new coming rate. ...we all should be very happy this is taking place and witnessing it right in front of our noses.

 

*** Pimpy  Looks like some exciting news ... The Sadr movement made some great achievements in the elections...they now control the parliament and this man is making a commitment that's catching the buzz around the dinar community...there's big talk about the change in the exchange rate of the dinar.  How big Who knows.  We're gonna find out here shortly...there is a lot of chitta chatter happening once again about the dinar...Sadr has 73 [seats in parliament] that's huge...almost twice as many as the group that came in second...
 

 

 

:tiphat:

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Hoping for Iraq's sake, that Al-Sadr is not elected.  He loves Iran, and hates the US.  The only good part of that, if it happens, is that he loves his country, and maybe will help them.  As usual....sit and wait....business as usual!  :rocking-chair:

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4 hours ago, NWGUY said:

Hoping for Iraq's sake, that Al-Sadr is not elected.  He loves Iran, and hates the US.  The only good part of that, if it happens, is that he loves his country, and maybe will help them.  As usual....sit and wait....business as usual!  :rocking-chair:

 

Sadr cannot be the PM.  Most likely he will nominate Kazemi.  Sadr does NOT like Iran or the US interfering with Iraqi affairs.  He has always been a proponent of a Dinar rate increase.    It will not be business as usual.   

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1 hour ago, rvmydinar said:

we all know but we can only wish the rate will return to $3+. Hopefully.

 

 

I am SURE that everyone of us would do back-flips to see a $0.10 rate just to see a positive. I know that I would (Trya back-flip).

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