Sunday Morning Opinions @ 9:25 AM CS - 12/04/2022

[ronscarpa]

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... Especially if it's from Mark...  RON 

** Mnt Goat  Welcome to the month of December! This is a very critical month for us investors in the IQD for if we are going to see any action by the CBI to reinstate the dinar anytime in January 2023. We must begin to hear news from them over the change out of the paper currency in circulation to the lower denominations to accommodate the new rate which they call the “project to delete the zeros”, which we all hope will be finally out of the program rate and to a much higher once on FOREX. Yes, a rate reflecting the true VALUE of the IQD, a rate we are all looking for.

 

 

** RVAlready  Article: "The Iraqi Parliament completes the cabinet of the Sudanese government by granting confidence to two ministers"   Now, we just need a surprise announcement from the CBI.

 

 

** Clare  Article: "The Central Reserve exceeded $90 billion, and revealed the date for offering the 20,000 class"  Quote "the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars...He expected, The 20,000 dinars coin will be offered at the end of next year 2023."

 

** Mark  [Q? : Is the NEER (Nominal Effective Exchange Rate) rate possible $1.60…or full RV? ($3+) ] The Neer rate is always possible…But, I am looking for the full RV or a reinstatement rate...The reinstatement rate would be around $3.20 something...unless they factor in inflation would make it considerably higher...