Saturday Lunchtime Opinion @ 1:20 PM MST - 7/26/2025

[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 

 

 

-26-2025  Paulette  Based on news release from Shafaq today, Saturday,  the dollar exchange rate in Baghdad’s al-Kifah and al-Harithiya central exchanges registered a rate of 1395 today which is slightly higher than the previous 1394 In local currency exchange shops across the capital, the selling price remained at 1405 In Erbil, the selling price was 1392 an increase over the previous 1390.5 ...This is appreciably the same percentages over the official rate as Wednesday/Thursday, 5.7, 6.4 and 5.5 respectfully.

 

7-26-2025  Clare  Article: "After opening higher, the dollar fell in Erbil and Baghdad at the start of the week's closing." Quote: "The dollar price fell in markets in Baghdad and Erbil...recording 139,200 Iraqi dinars for every $100, while this morning it recorded 139,500 dinars for every $100...In Erbil, the dollar also declined, with the selling price reaching 139,000 dinars per $100 and the buying price reaching 138,850 dinars per $100."

 

 

7-25-2025  Frank26  Is the reform for the Iraqi dinar to make it less valuable? No, it's to make it more valuable.  It's to make it float, to reach a higher value.  IMO I think it's in that position. I really think it has been de-pegged.  It's ready to be paired and to go forward. 

 

 

[Luigi1]

7-25-2025  Frank26  Is the reform for the Iraqi dinar to make it less valuable? No, it's to make it more valuable.  It's to make it float, to reach a higher value.  IMO I think it's in that position. I really think it has been de-pegged.  It's ready to be paired and to go forward. 

 

 

 

Trump is in the EU & may Annouce a new trade agreement between the US & EU.

Trump just announced a new US-Japan trade deal.

This averts a trade war between us & our most valuable trading partners.

What does this have to do with the Dinar ER?

Everything is falling into place.

Trump supposed to make some big announcements the 1st week of Aug.

IMHO.

 

[Society]

18 hours ago, ronscarpa said:

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 

 

 

 

 

 

 

7-25-2025  Frank26  Is the reform for the Iraqi dinar to make it less valuable? No, it's to make it more valuable.  It's to make it float, to reach a higher value.  IMO I think it's in that position. I really think it has been de-pegged.  It's ready to be paired and to go forward. 

 

 

Frankie's Story hour still used to spread false made up stories....After being totally wrong stating the parallel market rate is less than 2% of the official is now trying to state the IQD has been depegged from the USD ......I laugh when he asks why "the internet" is not talking and teaching these things he teaches .....perhaps because the rest of "the internet" doesn't have the same imagination as Frankie......

[umbertino]

33 minutes ago, Society said:

Frankie's Story hour still used to spread false made up stories....After being totally wrong stating the parallel market rate is less than 2% of the official is now trying to state the IQD has been depegged from the USD ......I laugh when he asks why "the internet" is not talking and teaching these things he teaches .....perhaps because the rest of "the internet" doesn't have the same imagination as Frankie......

 

 

Agreed....Frankie and most so-called "gurus" anyway.....

[screwball]

On 7/27/2025 at 5:26 AM, Luigi1 said:

Trump supposed to make some big announcements the 1st week of Aug.

IMHO.

signed an EO ending the fed and activating the new digital financial system, also report due out this week from white house detailing their crypto holdings...

[screwball]

makes sense to launch same time as tariffs?? august 1st??? could we have a black Friday this week? who knows