Tuesday Late Morning Opinions @ 11:55 AM CDT - 7/25/2023

[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 

 

 

Frank26  Articles Quote: "The parallel price means the exchange rate of the dollar in the market and exchange offices, and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers."  That rate is the goal of the CBI right now...They're telling the world, citizens, everybody, you that their official rate is 1132.  Yet what you see on the CBI website is 1320.  ...Why?  Because they are trying to de-dollarize.  Why?  So they can bring in the new exchange rate with the new currency and new value. Why?  Because that is the only way Iraq will be able to protect itself from...Iran that steals their money...

 

 

[sgtsanders]

Hey Frank, I really don’t think Iraq is concerned with Iran stealing their money. We see examples, time after time, where Iraq is constantly capitulating to Iran.