Friday Night Opinions @ 10:50 PM CST - 5/30/2025

[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 

 

 

5-30-2025  Frank26  Forex just put the Iraqi dinar on the international trading platform.  It's not live or active yet but it's in position!

 

5-30-2025   Pimpy  Just cause Iraq has a lot of money doesn't make their currency valuable.  There's more factors involved.

 

5-30-2025   Militia Man The Central Bank of Iraq...the powers that be, only show us what they want us to see.  They're not going to give us the specific date and they're not going to tell us how much.  They're just going to show us.  That's my view.

 

5-30-2025   Walkingstick   If the American dollar is $1 and it if it's paired to the Iraqi dinar that means the Iraq dinar is $1.  That is called a nominal value.  That is what every country seeks.  In this case it's also seeking a REER - real effective exchange rate.  That's because it's reaching a nominal value.

 

5-30-2025   Frank26  [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says...They say soon the parallel market price will come to match the official CBI rate.  That's how it's going to be fixed.  However I still believe somewhere around 1390 to maybe 1350 or 1340 that will be close that they will roll out the new rate. FRANK: This is so close.  It's like your breath to your lungs.

 

5-30-2025   Clare  Article: "A government advisor told Al-Ghad Press: The dollar is declining against the strength of the dinar by 16%." Quote: "The dollar in the parallel market is witnessing a downward trend against the strength of the Iraqi dinar, with a downward change rate of about 16% since the beginning of the first quarter, and this has been continuous and gradual.  The reasons for the dollar's decline have become very clear, led by the change in the foreign exchange policy adopted by the Central Bank of Iraq..."

 

5-30-2025   Pimpy  People ask me which currency do I think is going to go first.  It's hard to say.  There's a couple things to take in consideration. Vietnam is nowhere like where Iraq is. Their currency is actually more depreciated than Iraqi dinar but Vietnam is already an active member of the World Trade Organization.  There's no real restrictions on Vietnam from the United States.  Their economy is booming. There's really just a  couple of things Vietnam could do to help increase the value of their currency and they have to want to do it.

 

5-30-2025   Militia Man  Article: "The Central Bank: Our measures contributed to lowering the exchange rate, and the decline is not temporary" Iraq is clearly showing that interlinking into the international financial system is taking place and the Central Banks is now in the final stages. Let's keep in mind the importance...of what is taking place is indirectly and directly necessary for a revaluation of Iraq's currency. It takes all of what is taking place, in cooperation and coordination from stakeholders with their support, with regional and international partners support as well. We have witnessed all of the afore. Powerful times!
 

 

[southbeach]

Pimply not wrong here