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Wednesday Early Morning Opinions @ 8:15 AM MDT - 4/05/2023


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 

 

 

MarkZ  From Iraq: Article “The Central Bank expects a further decline in dollar exchange rates”  What the CBI is saying is they believe they have made the necessary adjustments for a de-dollarization effect. This means the dinar is gaining strength daily. Iraqi people are now holding on to their dinar and not the US dollar. 

 

Mnt Goat   Article:  "THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS"   We have waited for this news for a very long time. ...I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore...This will seriously help stabilize the market which we need to go to the next step in the process… :twothumbs:

 

 

:tiphat:

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“THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS"

 

Exchange control are still on place:
-To prevent money speculators to profit from the difference between the official rate and Black market rate.

-To stabilize the exchange rate

-To prevent corruption and smuggling 

 

Go new monetary policy 

Go open market economy 

Go stronger dinar $1+

 

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2 hours ago, Luigi1 said:

Great news.   CBI is sticking to it's guns no matter how unpopular it's decisions.

Certainly the CBI will indeed stick to their plan whatever it may actually be....good, not so good or bad. The gurus don't know jack, their contacts are each other. This is still very much a speculative investment & we never truly seem to know what they are going to do until after the fact. A lot of positive articles but timelines are all theories.

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