ronscarpa Posted August 15, 2022 Report Share Posted August 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 *** 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... 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. 1 4 1 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted August 15, 2022 Author Report Share Posted August 15, 2022 (edited) 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] Edited August 15, 2022 by ronscarpa 1 4 2 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted August 15, 2022 Report Share Posted August 15, 2022 Just curious...it's Monday, late evening in Baghdad. Has anyone heard anything about the emergency meeting to elect a PM & form a new government? 1 2 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted August 15, 2022 Report Share Posted August 15, 2022 Looking to see if I can find anything, but so far nada pp 1 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted August 15, 2022 Report Share Posted August 15, 2022 25 minutes ago, pokerplayer said: Looking to see if I can find anything, but so far nada pp Many thanks, PP. 1 Quote Link to comment Share on other sites More sharing options...
yendor Posted August 16, 2022 Report Share Posted August 16, 2022 I'll bet that if the Iraqis ever saw these guru BS posts they would probably laugh 'til the tears started to run down their legs. 2 Quote Link to comment Share on other sites More sharing options...
goldwinger57 Posted August 16, 2022 Report Share Posted August 16, 2022 Well here we sit on Tuesday August 16 and another gooberu prediction went flying by. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.