ronscarpa Posted October 24, 2021 Report Share Posted October 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 ** Breitling Question: "When Iraq puts value on its currency will it start out at .40 cents, .50 cents? I've heard they want to get it to a dollar." That's exactly what they want to do. At a minimum they want to get it to $1.17. Remember parliament, The Ministry of Planning, The Ministry of Finance wrote a letter to the IMF - 'can you help us get our currency back to $3.25'. 'Absolutely we can help you do that.' But it's a process...the .50 cents and above - where that came from is what do they need to have a GDP that can maintain the country and help it grow at a healthy 4% per year and...help expand their markets. At the point I was doing that math (it might have changed a little bit) it was like .58 cents. The best math we could come up with. ** Vital Brad People talk about the contract rate. I'm not a financial advisor...make your own financial choices...Here's my thought with the contract rate...I've heard some people say that, 'Oh when you exchange your dinar there's going to be a contract rate of at least $30.' I'm like - huh? - there is no contract rate..! ...IMO $3.22 (is possible) for the dinar. That's what the Iraqi dinar is worth based on that particular country's assets and wealth...If [the rate is] $3.22 how can someone get $30? An exchange rate is an exchange rate. Who's paying out the difference...I'm not trying to burst anyone's bubble. That's not my intention...I think the rate is going to come out at the rate it's going to come out at and I don't think there's going to be a contract rate. My opinion only... ** Pimpy Article: "For the second day, the dollar exchange rate fell." That's right the dollar is losing ground on Iraqi dinar but it's not like it's huge leaps and bounds. They're very small but the dollar is becoming weaker and Iraqi dinar will become stronger... 1 11 2 Quote Link to comment Share on other sites More sharing options...
Fairways&Greens Posted October 24, 2021 Report Share Posted October 24, 2021 1 hour ago, ronscarpa said: ** Pimpy Article: "For the second day, the dollar exchange rate fell." That's right the dollar is losing ground on Iraqi dinar but it's not like it's huge leaps and bounds. They're very small but the dollar is becoming weaker and Iraqi dinar will become stronger... The dollar is heading toward hyper inflation under this Administration. Buckle up. Let’s go Brandon! 1 1 7 3 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted October 24, 2021 Report Share Posted October 24, 2021 1 hour ago, ronscarpa said: ** Breitling Remember parliament, The Ministry of Planning, The Ministry of Finance wrote a letter to the IMF - 'can you help us get our currency back to $3.25'. 'Absolutely we can help you do that.' Hey Breitling, Just wonder, did the minister of finance really write a letter to the IMF about getting the rate back to $3.25? Is there a source/ link to back it up? I would love to read it. 3 1 4 Quote Link to comment Share on other sites More sharing options...
Brenna Posted October 25, 2021 Report Share Posted October 25, 2021 I rarely post as you can see. I am just curious if this could be a possible rate from what I heard. 4 million dinar is now 4 thousand dinar and it values at $16000. This sounds like a lop! Rate would be $4 after a lop. I just don't know but I am deflated from this news. I'm just wondering if anyone else has heard this? 3 Quote Link to comment Share on other sites More sharing options...
3 bucks new rv rate Posted October 26, 2021 Report Share Posted October 26, 2021 if they want to Lop, they could have done it a long time ago, no need to wait until almost 18 years just to Lop. however, they did devalue ( NOT LOP ) the iqd from 1190 to 1460 back in December 19, 2020. only believe what they do, not what they say because they are full of talk talk talk BS and like to delay because they love more vacations than working. 5 2 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted October 26, 2021 Report Share Posted October 26, 2021 14 hours ago, Brenna said: I rarely post as you can see. I am just curious if this could be a possible rate from what I heard. 4 million dinar is now 4 thousand dinar and it values at $16000. This sounds like a lop! Rate would be $4 after a lop. I just don't know but I am deflated from this news. I'm just wondering if anyone else has heard this? Where did you hear this? 1 Quote Link to comment Share on other sites More sharing options...
Brenna Posted October 26, 2021 Report Share Posted October 26, 2021 I heard this on a webinar by Simon Parks. He has direct contacts regarding the dinar. Quote Link to comment Share on other sites More sharing options...
Shedagal Posted October 26, 2021 Report Share Posted October 26, 2021 26 minutes ago, Brenna said: I heard this on a webinar by Simon Parks. He has direct contacts regarding the dinar. He also has direct contact with aliens. Do some research on him. 1 1 Quote Link to comment Share on other sites More sharing options...
Fimum Posted October 26, 2021 Report Share Posted October 26, 2021 They live... Quote Link to comment Share on other sites More sharing options...
new york kevin Posted October 26, 2021 Report Share Posted October 26, 2021 On 10/23/2021 at 10:55 PM, rvmydinar said: Hey Breitling, Just wonder, did the minister of finance really write a letter to the IMF about getting the rate back to $3.25? Is there a source/ link to back it up? I would love to read it. Check his youtube videos Quote Link to comment Share on other sites More sharing options...
new york kevin Posted October 26, 2021 Report Share Posted October 26, 2021 On 10/23/2021 at 10:54 PM, Fairways&Greens said: The dollar is heading toward hyper inflation under this Administration. Buckle up. Let’s go Brandon! True . But this is the direction we need it to go in Iraq . Increased velocity, particularly in country, muy importante . Remove the crutch the USD was used as in country , so Iraq can walk on its own in country and internationally. 3 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted October 26, 2021 Report Share Posted October 26, 2021 21 minutes ago, new york kevin said: Check his youtube videos Thanks for your input new york kevin. Quote Link to comment Share on other sites More sharing options...
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