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It's Do Or Die: A Forced Exchange Rate Adjustment May Be In The Works.


Luigi1
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Luigi found these articles of Dinarian interests...

It's do or die at CBI.  No more excuses.  RV-RI, now.

Treat as rumors.  Not verified.  Your opine.

 

 

MilitiaMan:

Article: "Iraqi optimism about economic gains after exiting from Chapter VII"   ...from the looks of it they apparently are now looking to be forced to make an exchange rate change or blow up everything they have worked on for the last two years. It is also looking like they will have to depeg from the USD and likely to be with an immediate urgency, ioo...Chapter VII being lifted has it’s consequences that will require immediate decisions specific to the international treatment with respect to the use of the Iraqi Dinar...imo.

 

MarkZ:  [via PDK]   

They never want us to know the exact timing.  We are all guessing at the timing based on what we are hearing…My redemption center folks are still planning on working this weekend …They don’t know if they will be watering flowers or dusting keyboards….but they are working this weekend. Im hoping I will get news out of them this weekend.

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here's another article related to the above...from the throat of the Goat...

 

 

Mnt Goat:

The news could not get any better.  I especially like the statement...and I quote “will restore its legal status in the international community”.  Folks you have to see it, too...that FOREX trading is coming back to Iraq & the CBI’s intentions...The writing is on the wall...  

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On 2/26/2022 at 8:44 PM, Luigi1 said:

MilitiaMan:

...from the looks of it they apparently are now looking to be forced to make an exchange rate change

The question is who or what can force and push the CBI to revalue the IQD? A huge and brutal protest by iraqi citizens on the street? Or A coup to overthrow the current government? Or Sadr?  Or the new elected president? Or the new elected PM? Because it seem that they just like to talk and talk about a rate change, however nothing gets done. Jan and feb come and go and we just have one month left in the first quarter 2022  ( month of march ) to find out if they really really have an intention to make a rate change.

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