The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a breakthrough?

[6ly410]

06/10 2022 02:05 Number of Reads 1137 Section: Opinions

The crisis of the value of the Iraqi dinar against the dollar .. Are we facing a 

breakthrough?

 

 

أزمة قيمة الدينار العراقي مقابل الدولار.. هل نحن أمام انفراجة؟ (almasalah.com)

 Baghdad/The Obelisk: Nouri Jassim Speculators are always ready to seize opportunities in the field of stock exchanges, exchange markets and currencies in Iraq today. Anticipation still prevails in the Iraqi exchange market, despite the sudden improvement in oil prices until it crossed the $95 barrier. The manipulation of currency exchange rates and the increase in the price of the Iraqi dinar against the dollar had significant negative effects, including raising the prices of materials in absolute, without an increase in salaries. Decision-makers and policy makers in Iraq, to have a role in the half of Iraqi society, especially after the huge financial abundance of hard currency. Accordingly, we suggest that the exchange rate of the Iraqi dinar against the dollar is 100 thousand Iraqi dinars for 100 US dollars, and I think this is the real fairness to the Iraqi citizen, and give him something of interest, vitality and well-being, because he suffered what he suffered from instability and psychological, social and economic discomfort, today the House of Representatives The Council of Ministers and the President of the Republic are at stake before the will of the Iraqi people. We await decisions from you to solve the Iraqi dinar crisis, and end this crisis before it turns into a purely financial, economic and security crisis that threatens the future of Iraq.

[Half Crazy Runner]

38 minutes ago, 6ly410 said:

we suggest that the exchange rate of the Iraqi dinar against the dollar is 100 thousand Iraqi dinars for 100 US dollars

So, make the dinar worth .001 instead of .00068.  😑  I am not impressed. 

[horsesoldier]

Nincompoops !

[jake21]

Just another opinion piece that will have zero effect!

[Inbedded HorseHead]

Make it a couple more decimal places and I’m on board

[rvmydinar]

16 hours ago, 6ly410 said:

Accordingly, we suggest that the exchange rate of the Iraqi dinar against the dollar is 100 thousand Iraqi dinars for 100 US dollars

100,000 IQD=$100 equals to 1,000 IQD=$1. Therefore, IQD 1=$0.001, and then delete 3 zeros becomes IQD 1=$ 1. This is more like it. Hopefully.

[rvmydinar]

11 hours ago, Inbedded HorseHead said:

Make it a couple more decimal places and I’m on board

Make it a triple more decimal places , you know " deleting 3 zeros " and that is even better, isn't it.

[rvmydinar]

13 hours ago, jake21 said:

Just another opinion piece that will have zero effect!

Exactly.