Tuesday Midnight Opinions - CST - 5/20/2025

[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 

 

 

5-20-2025  Frank26  Question: "Won't the black market get away when they raise the rate?" No!  The black market will be annihilated.  There won't be a need for the black market. The black market is there because they're trying to rip off the Iraqi citizens.  Once you have an established exchange rate, no.  1310 is not established.  It's a program rate.

 

5-20-2025  Fnu Lnu  Article "The National Investment Commission (NIC) has announced that over 130 fully approved investment opportunities will be presented at the Iraq Investment Forum..." Events like this have become commonplace with the IBBC and NIC event scheduled for mid-June. These promoters bring the most prestigious corporations to the world. This Summer is going to be a hot one when it comes to International trade. It should be noted that these companies care not what the exchange rate for the Dinar might be. It is a simple calculation.

 

5-20-2025  Mnt Goat  The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened...If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event.

 

5-20-2025  Pimpy   Delete the zeros question: "If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange for $75?"  Once they delete the zeros, yes, your 25,000 now become 25 and if it's an exchange rate of 3 to 1... 3 x 25, your 25 dinar would now be worth $75.  That's correct.

 

 

[NWGUY]

Pimpy....No Lop!    

[Luigi1]

 Mnt Goat  The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened...If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event.

 

 

This has to go no later than Iraq election or Sudani & all his accomplishments will be of no value as he never existed.   IMHO.

[coorslite21]

2 hours ago, Luigi1 said:

 Mnt Goat  The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened...If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event.

 

 

This has to go no later than Iraq election or Sudani & all his accomplishments will be of no value as he never existed.   IMHO.

At least 3 months prior...IMO.   CL 

[southbeach]

4 hours ago, Luigi1 said:

 Mnt Goat  The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened...If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event.

 

 

This has to go no later than Iraq election or Sudani & all his accomplishments will be of no value as he never existed.   IMHO.

Wow.  Great point.