Sunday Early Afternoon Opinions @ 3:15 PM CST - 12/08/2022

[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...  RON 

 

 

Kaperoni   Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.

 

Paulette  the big move for Iraq is the "restructure".  The RI just increases their purchasing power on the International stage...

 

 

[Luigi1]

22 minutes ago, ronscarpa said:

Kaperoni   Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.

 

Just curious how the Kaps knows what's in the White Paper if it hasn't been made public yet?

There is no evidence of a 5 year delay to return to the old rate.

Under IMF rulings, the IQD can rise or decrease by up to 2.5% each quarter, nominal.

[T B]

yes L correct ,this is true, thanks

[ronscarpa]

2 hours ago, Luigi1 said:

Just curious how the Kaps knows what's in the White Paper if it hasn't been made public yet?

There is no evidence of a 5 year delay to return to the old rate.

Under IMF rulings, the IQD can rise or decrease by up to 2.5% each quarter, nominal.

Kaperoni   Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.

 

Luigi, Kaperoni was only quoting an Economist (who probably doesnt know what's in the White Papers anyway)..! 

[Luigi1]

1 hour ago, ronscarpa said:

Kaperoni   Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years.

 

Luigi, Kaperoni was only quoting an Economist (who probably doesnt know what's in the White Papers anyway)..! 

 

 

Agree.  The economists was probably just guessing.