Sunday Evening Opinions @ 6:36 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 

 

 

Nader From The Mid East  It is true the real value of the Iraqi dinar is not 1460.  It's not 1160.  It's $3.28...That's the true value.  For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.  

 

Pimpy  We'll know more after Iraq comes here with a delegation and meets with the U.S. I'm sure Al-Sudani is saying, 'Look, we want to increase the value of our dinar against the U.S. dollar.' You heard what he said, if they do increase the value of the Iraq dinar that would give confidence to their local currency and prevent people from wanting the U.S. dollars more than Iraqi dinars.  It closes the loop on the black market...

 

Walkingstick  The number 1 reason we have never had a reinstatement is because of Iran smuggling and counterfeiting. They've been stealing, lying and cheating, killing and faking invoices. Endless lies to Iraq.

 

Militia Man  The Swift system they've decided to go with has created an environment where the dollar itself in the country has dried up...the demand for the dollar rose...that's creating a volatility in the marketplace...the official rate hasn't changed but the street rate is somewhere between 1700 and getting worse.  They need to alleviate that and fix it as quickly as possible.
 

 

 

[Luigi1]

26 minutes ago, ronscarpa said:

Nader From The Mid East  It is true the real value of the Iraqi dinar is not 1460.  It's not 1160.  It's $3.28...That's the true value.  For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.  

 

Lets hope that Nader is right about the rate.  Go RV.

[HowieC]

43 minutes ago, Luigi1 said:

 

Lets hope that Nader is right about the rate.  Go RV.

I was told tonight that He's from Iraq so He should know ....

 

That's like saying I'm from America so I should know what's going to go on with the Dollar!  😳  🤪🤣

[Danishere4news2]

2 hours ago, ronscarpa said:

 

Walkingstick  The number 1 reason we have never had a reinstatement is because of Iran smuggling and counterfeiting. They've been stealing, lying and cheating, killing and faking invoices. Endless lies to Iraq.
 

Time for a new excuse, this one has been used by you & Frank for the last 3-4 years. The reality is, if Iraq was ready to release they would have. Iran will ALWAYS be an issue. When Iraq gets their act together, they will neutralize Iran & their theft enough to move forward. You cannot only blame Iran, Iraq has to do their part to break away from their strong hold.

 

Sounds like Iraq got what they were wanting from the meetings....& the USD flow will be picking up, yet another sign they just simply are not ready to move forward just yet imo

[screwball]

2 hours ago, ronscarpa said:

Nader From The Mid East  It is true the real value of the Iraqi dinar is not 1460.  It's not 1160.  It's $3.28...That's the true value.  For now the rate is a punishment...Iraq with all the assets we have and all the reserves we have that's not the true rate of our dinars.  

i believe it is...because thats the plan and has always been the plan....its how we get to that rate...will it be 1:1 or a straight move back to 3.28!!!! lets hope and 🙏