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Sunday Afternoon Opinions @ 5:20 PM CDT - 7/31/2022


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 


 

*** Frank26   Kazemi has been using the new exchange rate IMO all year from the CBI...Kazemi had to tell [the citizens] that there is a new exchange rate... [to] stop the protests...

 

 

*** Jeff  At the end of the day Iraq cannot go international if the rate remains below zero...it is a reinstatement.  That means put it back to where it was in the $3+ range.  Iraq has to put their rate back that's comparable to the region.  None of the other middle eastern countries have a rate below zero.  Some of the lowest rates in the Middle East are maybe down around where Saudi Arabia is - around a quarter.  That's the low side.

 

*** Tivon ...Purchasing Power for the citizens will come regardless of a new government or budget. Why do you think they have already completed the new salary scale?  Because the EFSL covers what? All Contracts & Procedures. Not the GOI.  Not the budget. At  least for this year.

 

*** Militiaman  Article: "Iraq signs a memorandum of understanding with the United Nations on the digital transformation project" ...The CBI has hooked up to at least 3 key links to entities within the GOI for communication...It looks like we are in the  READY, SET, GO... mode! ...I  imagine that the GO part would be simultaneously with the FX. We surely can see the writing on the wall now.. imo

 

 

:tiphat:

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