Thursday Noontime Opinion @ 1:00 PM CST - 1/27/2022

[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 

 

 

ru Pimpy   I know there's some talk out there about the Iraq exchange rate.  I've seen the articles.  I know it's being discussed but as I said before if they do change it it's going to change back to the previous rate.  You're not going to see any huge RI or RV.  Not yet.  Most likely it'll go from getting 1450 dinars for every 1 dollar to back to where it was before, 1190 dinar.  That's going in the right direction.  The lower that number gets the more we benefit.  Just be patient...no one can deny Iraq is going in the right direction...

 

 

[NWGUY]

Pimpy may be right about it going back to 1190, but once it gets rolling, I am hoping it will keep going.  

[Smokey Mtn. Dinar]

Early on in this investment, I remember reading that when the RV happened it would happen quickly, and without any hint that it was about to happen. NOW, they are openly discussing it, and the talk is all over the place. It will happen slowly; it will happen fast; it will happen when ever. No One Knows!  Just do it and let us move on.  

[3 bucks new rv rate]

the last devaluation was from 1190 to 1460 back in December 20, 2020. if they want to return to previous rate 1190, why do they have to wait until now year 2022 ( more than 1 year since the last devaluation in December 20. 2020 )? Actually, if they want to return to previous rate 1190, they can do it at any time, don't have to wait more than 1 year to do it. Actually, they can return to previous rate 1190 immediately since the first day the protest began because of the devaluation back in December 2020 that make the price of all goods very expensive and ordinary Iraqi citizens can't afford to buy the basic necessity..