Friday Early Morning Opinions @ 9:15 AM MST - 12/20/2024

[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 

Mnt Goat   Article: “CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET” Central Bank Governor Ali Al-Alaq confirmed on Thursday that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market. We were told of the issue of the parallel market and my CBI contact told me that this had to come in par with the “official” CBI rate in order to make the in-country revaluation of the dinar possible, before the project to delete the zeros could occur.  They said that the new correspondent bank procedure should eliminate the parallel market. The RV is going to happen, but first things first. [post 1 of 2]

 

Mnt Goat  This recent move with the correspondent banks should knock out the parallel market altogether first and put the dollar in line with the CBI “official” rate. This was needed first. Then the CBI plans to push out the new in-country CBI official rate we have been waiting for along with the project to delete the zeros. I just talked to my CBI contact Wednesday and this is what I am told. We just have to sit tight and see what happens next. I wish I could tell you more positive news. Right now, this is a very sensitive time, things will be moving fast soon. I can’t think of better news at this time.  [post 2 of 2]

 

 

[coorslite21]

Is the Goat back tracking a bit???🤣    CL 

[Dretown39]

1 minute ago, coorslite21 said:

Is the Goat back tracking a bit???🤣    CL 

Yep! You have to take the Goat with a grain of salt! Her "CBI" contact...🤦‍♂️ Some of the members here at DV have better view points & input than the Goat sometimes! My number one person has always been Breitling! Either way hopefully 1st quarter our financial situation will change for the better! 🙏🙌

[BETTYBOOP]

In what way is the goat back tracking.? She has told us all of this in previous newsletters

[Luigi1]

Mnt Goat  This recent move with the correspondent banks should knock out the parallel market altogether first and put the dollar in line with the CBI “official” rate. This was needed first. Then the CBI plans to push out the new in-country CBI official rate we have been waiting for along with the project to delete the zeros. I just talked to my CBI contact Wednesday and this is what I am told. We just have to sit tight and see what happens next. I wish I could tell you more positive news. Right now, this is a very sensitive time, things will be moving fast soon. I can’t think of better news at this time.  [post 2 of 2]

 

 

Spot on.  A very good CBI start...getting rid of the parallel exchange rates.   

Go RV.

[screwball]

⏰🎉

[BETTYBOOP]

If they get rid of the parallel market ... this will then explode overnight! GO IRAQ

GO CBI

GO NEW ER

GO INTERNATIONAL RATE

 GO MY RETITEMENT!!!

[cranman]

9 minutes ago, BETTYBOOP said:

If they get rid of the parallel market ... this will then explode overnight! GO IRAQ

GO CBI

GO NEW ER

GO INTERNATIONAL RATE

 GO MY RETITEMENT!!!

We hope!

 

 

[screwball]

9 hours ago, cranman said:

We hope!

 

 

yep and