Wedesday Midnight Opinions - CST- 12/21/2022

[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 

 

 

Frank26  Article: "Economic Adviser To The Prime Minister Outlines The Reasons For The Rise In Dollar Prices" THE EXCHANGE RATE OF THE DOLLAR AGAINST THE IQD WILL TEETER TOTTER...there is a reason this fluctuation is happening.  Because you de-pegged...lost the stability. How are we going to get it back?  We're going to "pair"..! And how do you know this Frankie..? 

 

Mark  Talks between Iraqs Federal and Kurdistan regions over the 2023 budget have been fruitful so far…I am told once they finalize that we are hours away from a value change.

 

Walkingstick  The international platforms have replaced the auctions at the CBI.  Once the IQD starts to go International in a basket it is automatically canceling the CBI auctions where Iran was siphoning Iraq's blood through their currencies.  The only swap from now on will be with the US dollar...no more auctions.  It will be a governing function instead. And how do you know this WS..? 

 

 

[screwball]

26 minutes ago, ronscarpa said:

Mark  Talks between Iraqs Federal and Kurdistan regions over the 2023 budget have been fruitful so far…I am told once they finalize that we are hours away from a value change.

All has been agreed to just need final vote on oil law and budget to be presented to council of ministers and voted on

[screwball]

Ali from Dinar trade always said never faulted no oil law no rate change!

[screwball]

29 minutes ago, ronscarpa said:

The only swap from now on will be with the US dollar...no more auctions.  It will be a governing function instead

Why would they go to the USD and not a basket of currencies who have all pegged to gold and assets like China and Russia? Their major trading partners…only time will tell on this one…

[screwball]

The move to gold and asset back currencies by the BRICS countries is imminent I am tipping start of Jan 2023, their financial year is a good time to move and dump usd in trade…

[rvmydinar]

4 hours ago, ronscarpa said:

Mark I am told once they finalize that we are hours away from a value change.

Hey mark. Who told you this BS? Is that The triplets again: Kaperoni, frankie and pimpy?

[Luigi1]

Luigi's two cents worth...

 

All indications are the CBI will go back to the old 1250 ER rate, then float from there on.

A slow ride in the value of the IQD will get the currency off the street & bring the note count down with a sucker rate.

Many who tire of the wait will jump on the opportunity to take the sucker rate. 

Once the note count is down to a manageable level, there may even be a RV-RI down the road.     IMHO.

[Shedagal]

Nothing, nothing, nothing . . . SUDDENLY

[rvmydinar]

51 minutes ago, Luigi1 said:

A slow ride in the value of the IQD will get the currency off the street & bring the note count down with a sucker rate.

It depends on how slow the ride is going to take. And, if the sucker rate is more than a buck , some will definitely jump and cash out.

[Hotcurl]

1 hour ago, rvmydinar said:

if the sucker rate is more than a buck , some will definitely jump and cash out.

 

I'll defiantly be taking some, if not most, off the table @ $ 1.00 ++

 

Just sayin' .............

 

Semper Fi 

[Danishere4news2]

Frank26 has been claiming for a couple of weeks or so that Iraq had de-pegged from the USD. Half the nonsense he spews I can't tell if he means it figuratively or literal. None the less, 95% of his "facts" had been proven fact-less. It's also funny how NOTHING he ever has stated over the years is verifiable. 

[rvmydinar]

23 hours ago, Hotcurl said:

 

I'll defiantly be taking some, if not most, off the table @ $ 1.00 ++

 

Just sayin' .............

 

Semper Fi 

Some will be willing to wait a little longer for a higher rate as well. Now, we just have to wait and see who pops first : revaluating the dinar or releasing the new 20,000 denomination by the end of next year 2023?