Monday Night Opinions @ 10:15 PM CDT - 3/18/2024

[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  Vietnam became the 150th member of the World Trade Organization back in 2007...with the same icky exchange rate.  Not only that but...Vietnam is currently trading on the Forex...In addition to that Vietnam is on the Swift System...When you try to look up Iraq there is no Iraq because they're not on the Swift System. So you have Vietnam with a way worse exchange rate than Iraq part of the World Trade Organization...on Swift and they're trading on the Forex...If Vietnam is there with their current exchange rate then there's no doubt ...Iraq ...can be on these programs as well [at their current exchange rate].But that's not what Sudani said, or is it his intention.

 

Militia Man  Al-Sudani talked about having $1.00 equaling 1.32 dinars...I believe in my view is when they drop the three zeros from the exchange rate, what you'll have is about .76 USD. Then they apply the Real Effect Exchange Rate to that.  And that's going to be based off of their assets... That would be nice - I can go for that..!

 

Samson  Article: ”Al-Sudani: There are those who want to obstruct reconstruction, and they will not discourage the government from proceeding with its plans"Guess who...Maliki & his crowd..!  

 

Walkingstick   WTO means currency restriction free, therefore all members can use multiple foreign currencies to buy, sell and trade but Iraq has decided...all...contracts that have been recently signed with Sudani must be converted into Iraqi dinars.

 

Clare  Article: "Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars" Quote: "The head of the Iraqi Securities Commission, Faisal Al-Haimas, announced that three Iraqi banks were sanctioned by the US Treasury, and 25 banks were banned from dealing in dollars."
 

 

[ronscarpa]

Added @  Midnight CDT:

 

 

Frank26   I was excited when Sudani suggested 1.32 but now I am crazy excited to see Alaq the governor of the Central Bank of Iraq suggesting the same thing.

 

[screwball]

23 minutes ago, ronscarpa said:

Alaq the governor of the Central Bank of Iraq suggesting the same thing

where?

[GolfGirl]

2 hours ago, ronscarpa said:

Exchange

 

[rvmydinar]

11 hours ago, ronscarpa said:

Militia Man  Al-Sudani TALKED about having $1.00 equaling 1.32 dinars...

Talked only? It is useless if only " talk talk and talk ". Talked " means hasn't done it yet. Hmmm......talk is cheap. it is a typical Iraqi , isn't it.  When are they going to DO it? 🎃🎄

[rvmydinar]

10 hours ago, ronscarpa said:

Frank26   I was excited when Sudani suggested 1.32 but now I am crazy excited to see Alaq the governor of the Central Bank of Iraq SUGGESTING the same thing.

Is " Suggesting " also synonymous with "  Talk only "? I amn't going to get excited yet until proven.

[NWGUY]

Gosh...I would be jumping up and down at $1.32.   Just give me a chance to accept something....anything! 

[BETTYBOOP]

@NWGUY at that rate I would be gone!!

[NWGUY]

3 hours ago, BETTYBOOP said:

@NWGUY at that rate I would be gone!!

 

I would be excited to be done with it, but will miss some of my friends on here.  I will be excited though for everyone concerned!  

[BETTYBOOP]

Yes I will miss people from here as well.. But hopefully I will be able to keep in touch with some of you. Yourself included. 

[NWGUY]

3 hours ago, BETTYBOOP said:

Yes I will miss people from here as well.. But hopefully I will be able to keep in touch with some of you. Yourself included. 

 

 

Thank you Betty...that would be great!  Sadly, we have lost a lot of friends while waiting for this to happen.   Hoping that maybe they can pull some strings for us, and get this done.