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Thursday Morning Opinions @ 10:23 AM CST - 12/29/2022


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 

 

 

Pimpy  Articles are trying to tell people the exchange rate is not going to change over the next couple of years.  Now, does that mean something won't happen to cause that to happen earlier than later?  Of course anything is possible.  But this is what they're saying for now.

 

 

Mnt Goat  We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….
 

 

 

:tiphat:

Edited by ronscarpa
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  • ronscarpa changed the title to Thursday Morning Opinions @ 10:23 AM CST - 12/29/2022
5 minutes ago, ronscarpa said:

Mnt Goat  We are told in an article...that the budget will be in parliament ready for review and vote in two weeks. ...That pushes it to early January 2023 to begin the voting process. ...So, sit back and hang on. The news is about to get really good….:tiphat:

 

There's a good article out today about US prime rate hikes & inflation are having a direct affect on the USD-IQD echange rate & it's affect on the 2023 Budget. 

US Federal Reserve policies are killing Iraq & the 2023 Budget may have to be re-amended again, meaning a possibility of more delays due the the strength of the USD against the IQD.  Thank you OBiden.

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