Sunday Lunchtime Opinions @ 1:25 PM CST - 2/05/2023

[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 

 

 

Sandy Ingram  [Question] "Can Iraq's ISX force an RV?  The answer is NO.  But here's what it can do...the ISX is financially and administratively independent from the Iraqi government including the Minister of Finance...NASDAQ incorporated and the Iraqi Stock Exchange have signed an agreement to extend the market technology relationship ... NASDAQ will continue providing the ISX with Digital information to be up to date on global investments.

 

Pimpy   Al-Sudani is only making a statement that's true - The dinar is stronger than what we're seeing. If Iraq wants the dinar to be as strong as or stronger than the U.S. dollar they're going to have to have other forms of generating money - from tax payers, private sector, public sector, infrastructure - all important key elements of making a stronger currency, in addition to a stable government... currency, job growth, you name it.

 

Frank26  Article: "Sudanese advisor: Within two weeks, the exchange rate will stabilize at its normal rate". 1460 IS NOT A NORMAL RATE, IT IS A PUNISHED SANCTIONED RATE... THE GOAL IS 1 TO 1 AND THEN TO FLOAT INTERNATIONALLY.