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Sunday Night Opinions @ 9:45 PM CDT - 10/16/2022


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: "Iraq tops the list of Arab countries with economic growth for 2022CAN YOU IMAGINE WHAT IRAQ'S GROWTH WILL BE WITHOUT A PROGRAM RATE.

 

*** Pimpy  There's a lot of excitement inside the dinar community.  All kinds of exaggeration on rate changes...Let's be honest.  There is talk of a rate change but how much, no body knows.  I've actually heard somebody saying that there's a 18 to 1 exchange rate.  That's the rate that we're going for - 18 to 1?  So for every 1 dinar they're trying to claim that you'll get $18 American dollars...that's not what's going to happen.
 

 

*** RVAlready  If IQD does come out close to KWD. KWD is 3.22 USD. This would then be minus the bank’s spread.

 


*** Samson  Article: "The Central Bank: The inflation rate is controlled and we are not thinking about changing the exchange rateQuote: "there is no justification for thinking about changing the exchange rate of the Iraqi dinar, especially in light of the high oil prices and foreign cash reserves, which amounted to more than 80 billion dollars, noting that the inflation rate is about 6% and is controlling. It is necessary to stabilize the exchange rate of the Iraqi dinar..."

 

*** Sandy Ingram   Once a president is elected by parliament then the parliament votes on a prime minister. One half of the news media around the world is announcing a new president and prime minister in Iraq. The national media called the Prime Minister a Nominee. [NOTE: Parliament will either give the new Prime Minister's government a vote of confidence or not. He technically has 30 days to form but said he'd do it in 10.]

 

*** MilitiaMan  Article: "The United Nations: Assigning Al-Sudani to form a government paves the way for addressing Iraqi issues"  The language that is used is strong.  The UN now expects the plan to take shape and it is an urgent matter. I am sure the pending issues for the people is Exchange Rate related. The opportunity is now and it is a golden one. Now that the UN doesn't have to put Iraq back into the stone age again (Chapter 7) we are likely to see results from the new government as planned and is expected.

 

 

:tiphat:

Edited by ronscarpa
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*** RVAlready  If IQD does come out close to KWD. KWD is 3.22 USD. This would then be minus the bank’s spread.

 

 

 

I would gladly jump at Adam Montana's guess of $0.10 just to get this ( all too long of a ride) over with ! 

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8 hours ago, ronscarpa said:

*** Pimpy   I've actually heard somebody saying that there's a 18 to 1 exchange rate.   So for every 1 dinar they're trying to claim that you'll get $18 American dollars

Come on Pimp. You misinterpret a 18 to 1 exchange rate. It wasn't 1 dinar= $18 USD , but it might be $1 USD= 18 dinar or 1 dinar= 0.05 USD eventhough most dinar holders wouldn't agree with 5 cents rv.

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