Tuesday Night Opinions @ 9:40 PM CDT - 9/26/2023

[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 

 

 

Pimpy  I still think the dinar is going to go up in increments. I'd like to start seeing some of those increments take place now. I don't think you'll see any increases this year but very possibly next year.

 

Walkingstick  [Aki Iraqi bank friend update] Bank here [In the United States] will open October 1st. It will be news coverage. All 700+ of their employees over there [In Middle East] bordering countries and here [US] have a bank account opened and/or had an account for electronic deposits from oil procedures, retirement and salaries opened.

 

MarkZ   Comment: I would think it would get done soon…with the rumors of the Governor of the CBI being removed because rate change hasn't happened? Both Sudani and Alaq’s necks are on the line…imo. Mark: Yes they are…and on top of that is the ascension to the WTO on Oct 4th. Things are heating up. It’s do or die for Iraq to get this knocked out.

 

Angel1   There are only two things left to do on this laundry list of things for us to get to the bank. What are they? Change the exchange rate and release the lower denominations ... at that point, shortly thereafter if not simultaneously. I have the opinion it'll be on Forex internationally. They'll have an internationally exchangeable currency. That is when we go to the bank...I would not be surprised if something special happened very quickly.

 

Pimpy  It really looks like they're covering a lot of ground really quick.  I'd love to see the sanctions removed.  I would love to see the authorization for military use reversed.  I would love to see them expedited and put into the World Trade Organization.  I would love to see this development road...railway get build really quick.   I would love to see them finish the Port of Faw real quick. These things all contribute to a booming economy for the Iraqi people.  But we're not there yet.  It's not going to happen overnight.

 

Frank26  [Iraq boots-on-the-ground report] FIREFLY: We're hearing we have the full support and acceptance into the global financial world...All the financial institutions like JPMorgan Chase, all of them are welcoming Iraq Sudani says.  This is great for Iraq and it will attract more investors. FRANK: Even Wells Fargo...

 

 

Edited September 27, 2023 by ronscarpa

[pokerplayer]

Exciting times folks, it's going to happen,  but when and that's a big when,  will that be.

 

   pp