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Monday Noontime Opinions @ 12:55 PM CDT - 8/15/2022


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  Article: "Al-Tamimi: The Federal Court Can Dissolve Parliament According To These Articles IN MY OPINION, IT LOOKS LIKE IT'S GOING TO BE THIS WAY...

 

*** Militiaman  Article: "Central Bank Governor: Positive indications of an increase in the rate of non-oil revenues" A very bullish report out from the CBI. Increase in reserves is expected, continuous growth from non oil revenues and the implementation of the white papers. The CBI is telling us the next stage is to be even better...:twothumbs:

 

 

:tiphat:And now for another story as to why we haven't seen the promised increase in value:

 

** Mark  [Q? Today is the 15th. Contractors payday!...Are the contractors being paid in IQD?]  My contractors are excited even though I do not have specifics on rate. The re-negotiations went exceptionally well. Rerally..?? Now we will see if payday is this week with the new rate or not. [Comment: This would be an excellent week for the RV to begin] Yes it would…we are hearing positive things Like what..? ...I am very excited about this week. If we do not see the new rate this week …I believe we may have clear site as to when to expect it. So many things…real world things and even behind the scenes things are all coming together... We will have to sit here at the edge of our seats while we watch this play out. :confused2:

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Added @ 1:11 PM CDT:

 

 

*** Pimpy  A "Floating Exchange Rate" is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies.  This is in contrast to a "Fixed Exchange rate in which the government entirely or predominately determines the rate.  We know right now the Iraqi dinar is on a fixed rate.  A floating exchange rate is one that is determined by supply and demand...[Post 1 of 2....stay tuned]

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