Wednesday Midnight Opinions - CST - 12/01/2021

[ronscarpa]

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  ARTICLE: "CAN THE DOLLAR EXCHANGE RATE RETURN TO THE PREVIOUS ONE IN THE NEAR FUTURE?"  Again economist Antoine is still talking about floating the dinar on the program rate and not reinstating it. Yes, they do realize you can not float the dinar on the program rate just inside Iraq . It must be liberalized and float on the global markets, thus FOREX and other currency exchanges. This is the CBI plan to do this. So, these articles, like this one, are just more rhetoric from economists who do not know the overall long-term plan for the dinar. The long-term however, is now here.

 

** Holly ...From Iraq News... Kuwait confirms receiving $1.47 billion in war compensation from Iraq ... After 40 days of polling, the announcement of the final results of the Iraqi parliamentary elections The Sadrist bloc topped the final election results by obtaining 73 seats, (My understanding is that Iraq had to finish paying Kuwait before they could revalue - to be article 8 compliant. And now that The Sadrist has been announced as the winner, hopefully Kazemi is being considered.)