Friday Night Opinion @ 10:23 PM MST - 5/23/2025

[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 

 

 

5-23-2025  Pimpy  Community Comment: "You have always said a 25,000 dinar note is going to be a 25 dinar note. Not here. In country only." Pimpy: I never said 'it's only in country only'.  Whenever a country changes its currency, it's worldwide. Whenever they're changing their exchange rate it's worldwide.  This isn't just 'in country'/'out country'.  That's bull ****.

 

5-23-2025  Nader From The Mid East  Article: ...The vast 'leakage' of cash poses a serious challenge to the country's financial stability and long-term economic growth...Saleh...stated the hoarding of cash...has reached critical levels...91-92 trillion dinars are currently outside the banking system...driven by public distrust in financial institutions."

 

 

[cjdavid]

Golly gee..can’t believe the Iraq citizens don’t trust!!! After all it’s only been 27 years since their currency has been TP. And politicians are the only ones eating well and wearing ‘spensive suits in alllll their endless gatherings. 

[ronscarpa]

Added @ 3:43 AM PST:

 

5-23-2025   Frank26  Iran is the reason Iraq does not have a new exchange rate...Security and stability in [Iraq] is amazing.  It's growing, it's expanding.  Everybody wants a piece of it even if it's not the official exchange rate yet.  That screams that you have a new rate.  Iran is no longer the threat to the new IQD exchange rate, therefore it will soon be released to the world.

 

 

5-24-2025  MarkZ  Article: “The association of private banks holds a specialized workshop on regulatory controls of the internal evaluation of the capital adequacy standard”   they had a workshop with all the banks explaining all the necessary Basel compliance and requirements they have to meet. The same things all banks are going through to be part of the international system. To me this is a clear indicator that Iraq is about to unleash without restrictions. They would not do this if Iraq was not going to have an International currency and International banks. 

 

 

Edited May 24 by ronscarpa