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Wednesday Night Opinions @ 10:25 PM CST - 2/16/2022


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 

 

 

*** Mnt Goat  "WORTH $27 BILLION… AN “IRAQI – FRENCH” DEAL IS THREATENED WITH CANCELLATION DUE TO DISPUTES"  Remember they also have a 500 billion deal with China and the “silk” road waiting in the wings too. Can it get any better? All they have to do is get the new government in place and make it an honest away from Iranian influence. Can Sadr do it? How can they possibly keep the dinar at 1/6 of a penny if these deals go through...They can keep it wherever they want, but that doesn't mean that is what's best for the Iraqi citizens, or for international business. Their currency should reflect the total resources of Iraq. That will also improve Int'l investments and benefit the Iraqi people and the ir quality of life immensely. :salute:

 

*** Kaperoni   Confuse[-sion] once again referring to UN Chapter 7 as the ability for Iraq to float their currency internationally.  Chapter 7 has nothing to do with monetary policy which is guided by the IMF...The UN will probably recognize Iraq has completed payments to Kuwait ...with little fan fare.

 

 

:tiphat:

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IMO.  Luigi believe the IQD will be reinstated to it's old rate of about 1170 to the USD on or about the 22nd.

That don't help us out any.  That's just a staging point.  Don't be alarmed or get rid of your IQD in anger.

From that time going forward, the 3 zeros can be dropped from the currency & it will go 1 to 1.  IMO.

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