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Monday Lunchtime Opinions @ 1:05 PM MDT - 9/16/2024


ronscarpa
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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 ... :twothumbs: RON 

 

 

Pimpy  I'm not saying they're going to devalue the currency right now.  What I am saying is if they stay below $70 per barrel of oil for the medium term, you can see them devalue the currency.  I don't think it's going to happen anytime this year because the year is almost over.  I'd be a little nervous going into 2025.

 

Clare  Article: "6 scenarios that the Iraqi Central Bank will work on, narrated by Al-Issawi " Quote: "The economic expert stated that the Central Bank of Iraq is negotiating with the US Federal Reserve regarding ending the work of the electronic platform for foreign transfers and replacing it with direct banking relations between Iraqi banks."

 

 

:tiphat:

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Clare  Article: "6 scenarios that the Iraqi Central Bank will work on, narrated by Al-Issawi " Quote: "The economic expert stated that the Central Bank of Iraq is negotiating with the US Federal Reserve regarding ending the work of the electronic platform for foreign transfers and replacing it with direct banking relations between Iraqi banks.":tiphat:

 

 

 

This speaks of stability at CBI.   IMHO.  Go RV.

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