ronscarpa Posted June 12, 2024 Report Share Posted June 12, 2024 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 Militia Man When you drop three zeros it creates value. It's that simple. And when you add a real effective exchange rate to that value that's created from dropping the three zeros, that's when the fireworks begin. MarkZ Question: Is watching the HCL implementation a good indicator? It’s a very good indicator. I was told since very early in this process that this was a key indicator…along with the inversion in the bond markets which we have seen. Frank26 Article: "Al-Sudani: Iraq's interest in developing gas projects will provide job opportunities and give the economy added value" I HAVE ALWAYS SAID THE MOMENT YOU SEE THE HCL, SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE! Sandy Ingram The Central Bank of Iraq denied issuing a new currency denomination. The decision highlights the bank's confidence in the strength and stability of the Iraqi dinar, Even as other economies toy with the idea of introducing new denominations... 1 5 Quote Link to comment Share on other sites More sharing options...
hspotman Posted June 12, 2024 Report Share Posted June 12, 2024 11 minutes ago, ronscarpa said: Sandy Ingram The Central Bank of Iraq denied issuing a new currency denomination. The decision highlights the bank's confidence in the strength and stability of the Iraqi dinar, Even as other economies toy with the idea of introducing new denominations... Forgive my ignorance, but aren't the LD's we are waiting on also considered 'new' currency denominations? 1 1 Quote Link to comment Share on other sites More sharing options...
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