Tuesday Morning Opinions @ 10:45 AM CDT - 5/02/2023

[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  

 

 

Mnt Goat  Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER"  I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”

 

 

[Luigi1]

1 hour ago, ronscarpa said:

Mnt Goat  Article: "SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER"  I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”

 

CBI has held the buy-sell rate within the 2% margin for months, now.

CBI & GOI are not the problem...the US is the problem...the US is holding up the show.

The old saying goes 'one money don't stop the circus show'.

One money stops the show...the monkey in the WH, that is.

[sgtsanders]

There are so many unknowns. It is apparent that the powers be, are using a different playbook and the normal (historical) progression to increased value of the IQD is anyones guess (maybe I’m wrong, just my .02). I believe that everything is geopolitically connected and the IQD is no different. The most encouraging thing I hear and what we continue to hear is Iraqi leadership continues to tell the public that they need to hold on to their IQD because it is going to be worthy of owning, just be patient. So In a perfect world this would be great news. Yay!!!! Big brother watching out for the citizenry. On one hand, I want to believe they have good intentions, but part of me believes this is just more smoke and mirrors and they are trying to pacify until something good shakes out. I hope I’m wrong and they know exactly what good is coming!

[ronscarpa]

1 hour ago, Luigi1 said:

 

CBI has held the buy-sell rate within the 2% margin for months, now.

CBI & GOI are not the problem...the US is the problem...the US is holding up the show.

The old saying goes 'one money don't stop the circus show'.

One money stops the show...the monkey in the WH, that is.

 

My understanding of the IMF 2% margin was between the CBI rate and the Market rate. As for the difference between the buy & sell rates it's always been a fraction of 1%..! 

[T B]

sgtsanders,  oh dont worry, there setting it all up for there new digital system and control! yes, lord help us and show us the way to use this new blessing coming, when they decide too!

[Luigi1]

1 hour ago, ronscarpa said:

 

My understanding of the IMF 2% margin was between the CBI rate and the Market rate. As for the difference between the buy & sell rates it's always been a fraction of 1%..! 

 

Your right.

CBI is not responsible nor has any control over the street currency vendors.