ronscarpa Posted July 15, 2022 Report Share Posted July 15, 2022 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... RON *** Mnt Goat Article quote: “there are fixed facts on the ground. The exchange rate of the dinar to the dollar follows stability, and it is not arbitrary, but rather a contract between the Central Bank of Iraq and the Ministry of Finance”. ...changing the exchange rate does not “just happen” on a whim by the CBI. No one is mysteriously just going to trigger an RV... Instead, it is a coordinated effort between the GOI and the CBI. 1 3 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted July 15, 2022 Author Report Share Posted July 15, 2022 Added @ 10:40 AM CDT: *** Tivon ...Out of all the years we have been in this investment. They decided right after the EFSL was passed to vote on reducing the USD exchange rate? Why? Maybe because if they don't the Oil & Gas Law will not make the big splash in Purchasing Power they are looking for...This is one of the reasons why timing plays a major key ...They need to have both of these ready in conjunction because one can harm the other if acted on prematurely. 1 3 3 Quote Link to comment Share on other sites More sharing options...
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