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Thursday Afternoon Opinions @ 4:04 PM CDT - 6/23/2022


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 

 

 

*** Pimpy  There are a lot of different factors that have to be taken into consideration before they change the rate...the things that we should be looking for...are not being met.  The government nor the economy is stable.  They depend too much on oil.  They need to build a private sector...Until those things are addressed you're not going to have any change in the currency...
 

 

*** Tivon Article: "Al-Kazemi’s advisor: “relative” control over prices and food security will support us"  There it is Ladies & Gentlemen...This means they can come out at a comfortable 100,000/100 USD at anytime.  Which is basically a flat rate of 1:1 if you divide 1 by 100,000 IQD. Until Iraq has a reinstatement of their Dinar you will keep seeing the emphasis on this EFSL. This will not slow down.

 

 

:tiphat:

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33 minutes ago, DoD said:

According to his calculations if you take three zeros off of 100,000 Dinar to 100 USD would give a 1-1 rate….

Hope that helps. 

 

 

That's what I thought at first, but I wasn't sure. Thank you.  

 

That would make sense. Maybe. We all know Iraq NEVER makes sense. 

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