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Thursday Night Opinions @ 8:30 PM CDT - 6/23/2022


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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 



*** Mark Article: The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” This means they are going to reduce the rate of the US dollar which will increase the value of the Iraqi Dinar. I am told they have called for an emergency session to move forward and change the exchange rate. We have been looking for this…the parliament is leaning on the CBI….it’s pretty exciting.


*** Kaperoni  Al-Maliki is now replacing parliamentary members as a result of Al-Sadr quitting.  This is setting the stage for Maliki to be sworn in as the Prime Minister again. Not good news.


*** Daytrader  [Response to Tivon post below] The article Tivon references did state a fair rate would be 100,000 to $100. We’ve also all seen multitudes of articles talking about removing the three zeros. I believe the three zeros will be removed from 100,000 to $100 to become 100 IQD = $100; or 1:1...


*** Sandy Ingram  Article: "Iraq oil minister expects exports ceiling to reach 3.8 man BPD in June, 3.85 man BPD in July". Iraq is looking at very large oil revenues in the coming months.



*** 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. {Reposted}




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9 hours ago, ronscarpa said:

*** Tivon 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. 

Just wonder, where did you get " 100,000 IQD " from? Because the rate is still 146,000 per 100 USD and that means 1 USD = 1,460 IQD according to the CBI site.

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