Best Guess as to what the new rate would be

[sharkcatcher]

I'm curious as to what everyone thinks the new rate would be and why? I'll go first, $1.34. It's over 1 dollar so no need to get using the dollar and would help bring more investments into the country.

[cranman]

.50 to $1 then float.

 

 

[umbertino]

1 minute ago, cranman said:

.50 to $1 then float.

 

 

 

Agreed

[Shedagal]

Had a thread on this recently.

[Shedagal]

Well, I couldn't find it.  Most responses definitely over $1 - my favorite was $2.58

[Dinarrock]

Yep either $1.17 ish or around $2.65 ish has always been my 2 rates for the past 12 or 13 years!!! And no I 100% do not believe it will come out at a low sucker rate and the float up from there anyone that states that needs to do some research!! It will be what’s called a managed float all oil producing countries never free float!! 

[screwball]

the agreement under Bremmer was to reinstate  with Trump as President he will want as much as he can get, with $3 plus he will get his few trillion to repay the US for the war! just my thoughts and I am praying!🤣

[screwball]

or as it was in the 1970's

[screwball]

2 hours ago, Dinarrock said:

around $2.65

this was 1970's rate??? or there abouts?

[ScaryMary]

I always thought it could be $1.13 @ RV.

I always thought it could be $3.26 @ RI.

Since SHABBI changed the rate to $1.13 back in 2012, that is where I get the RV rate.

 

[jaman]

18 hours ago, screwball said:

or as it was in the 1970's

it was 3.65 to 1 Danar when I was over there during Iraq- Iran war