Saturday Early Morning Opinions @ 8:36 AM MST - 5/31/2025

[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 

 

 

5-31-2025  Mnt Goat  I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market...it is evidenced in an Article titled “THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.” Hamid Abu Firas, owner of a money exchange company, explained that: Quote: “this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies." Folks this statement by Firas is a “WOW!” statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit. 

 

 

[Luigi1]

The Dinar ER against the USD goes up then comes down. 

Over the last two years average, it is basically unchanged.

Where is this srengthening Dinar we keep on hearing about?