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Wedesday Morning Opinions 10:30 AM CST - 12/14/2022


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  They are increasing the value of the IQD against the American dollar.  It will be a gradual float. They kicked the American dollar out of Iraq's markets/circulation last week...The IQD is being setup/poised/prepared to lead the Middle East as a currency hub...

 

Pimpy  Article: "The talk of the exchange rate invades the Iraqi sessions...and the currency auction is the window for whitening the dollar"  We all know there's lots of individuals who are politically connected and pick up on information they most likely shouldn't have.  There's been a lot of meetings with the governor of the Central Bank of Iraq.  There's no doubt they've been talking about changing the Iraqi currency..[Post 1 of 2]

Pimpy  This article keeps touching bases on a group of speculators who continue to try...to drive the value of the dollar up while driving the value of the Iraqi dinar down...Why would they do that?  Is it possible these people know there's going to be a change in the exchange rate...So by stirring up all kinds of rumors...you can get more Iraqi dinars for your dollar...Is it possible some very corrupt people are trying to buy the Iraq dinar for cheaper dollars knowing in advance that their rate might change? [Post 2 of 2]

 

Clare  Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar."

 

 

:tiphat:

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4 minutes ago, ronscarpa said:

Clare  Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar.":tiphat:

 

This has all the earmarks of the IQD going international.  IMHO.

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