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Thursday Lunchtime Opinions - 12:58 PM CST - 11/24/2022


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... so, take everything with a grain of salt...  :twothumbs: RON 

 

 

*** Frank26   Article: "The Governor of the Central Bank of Iraq receives the Ambassador of the United States of America CBI GOV TELLS USA ALL BANKS IN IRAQ & OUTSIDE OF IRAQ, ARE READY TO GO..!

 

*** Sandy Ingram  Article: "Blaming Kurds for unrest, Iran threatens Iraq with offensive"  Breaking news out of Iraq - Iran has made good on their threats. They have lit up Northern Iraq like a Christmas tree with drones and missiles...the United States condemns Iranian strikes in Northern Iraq...What is this administration going to do about it...??? Or will they just sit back and say conciliatory words..!

 

 

:tiphat:

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41 minutes ago, ronscarpa said:

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... so, take everything with a grain of salt...  :twothumbs: RON 

 

..What is this administration going to do about it...??? Or will they just sit back and say conciliatory words..!

 

 

:tiphat:

 

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Added @ 1:45 PM CST:

 

 

*** Pimpy  Article Quote: "The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment projects - In addition with weak business environment and efficiencies in public sector investment, mismanagement, corruption and the lack of adequate infrastructure.  All these factors constitute major obstacles to attracting foreign investment despite some progress in the recent years."  This is the big reason why you're not seeing any real increase in the Iraqi dinar exchange rate.  Those are huge steps...that need to be taken before they can increase their purchasing power and before they can increase the value of the Iraqi dinar... :tiphat:So very true..!

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17 hours ago, ronscarpa said:

*** Frank26  CBI GOV TELLS USA ALL BANKS IN IRAQ & OUTSIDE OF IRAQ, ARE READY TO GO..!

Frankie frankie frankie. Banks aren't the issue at this moment in time. Every bank in & outside of iraq is always ready anytime to make a profit by taking fees and spreads from a foreign currency exchange. Now the important question is when will the CBI be ready to rv the IQD? 

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