ronscarpa Posted May 14, 2025 Report Share Posted May 14, 2025 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 5-14-2025 Mnt Goat ... the rise of the dinar against the dollar continues. Many economists believe that the rate of the dollar will SOON be equal to the “official” CBI rate of the dinar. Does this sound like 1:1 to you? Let’s break it down. So, if the dollar on the parallel market does reach 1320 that’s 1320:1320, is it not?...Is this not the same as 1:1?...“WOW! WOW! WOW!” Do you see now why I have been placing so much emphasis on this parallel market? Heck, it was not me alone but the CBI too, of course with the efforts from my CBI contact. “WOW! WOW! WOW!” 5-14-2025 MarkZ Article: “Swift and the Federal Reserve put Iraq at the mercy of the global economy” this points out that Iraq is now “International” Comment: International requires an RV. Mark: We are waiting for that announcement. 1 2 1 Quote Link to comment Share on other sites More sharing options...
Luigi1 Posted May 14, 2025 Report Share Posted May 14, 2025 5-14-2025 MarkZ Article: “Swift and the Federal Reserve put Iraq at the mercy of the global economy” this points out that Iraq is now “International” Comment: International requires an RV. Mark: We are waiting for that announcement. Logic says if the Dinar is int'l, it should RV. The Dinar just moved from exotic to int'l. That don't nessisarily mean an immediate RV-RI. The announcement is being held up or delayed for other reasons beyond our own awareness. IMHO. 1 2 Quote Link to comment Share on other sites More sharing options...
trvlr787 Posted May 15, 2025 Report Share Posted May 15, 2025 What is MTN Goat cheering about with the WOW WOW WOW. That looks like a lop to me and she is cheering. Am I missing something? 3 Quote Link to comment Share on other sites More sharing options...
DinarDavo Posted May 15, 2025 Report Share Posted May 15, 2025 3 minutes ago, trvlr787 said: What is MTN Goat cheering about with the WOW WOW WOW. That looks like a lop to me and she is cheering. Am I missing something? 1 USD =1,320 IQD on the parallel and 1 USD = 1,320 IQD at the CBI........this seems to diminish the value of the USD but also seems to prop up the CBI rate of 1,320......what is the big WOW about? 1 2 Quote Link to comment Share on other sites More sharing options...
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