Wednesday Late Morning Opinions @ 11:12 AM MST - 8/13/2025

[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 

 

 

8-13-2015  Clare  Article: “Great stability in the Iraqi market and inflation falling to less than 3%" Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed...This remarkable decline in annual inflation rates indicates that expectations related to the exchange rate are moving toward calm and stability...The parallel currency exchange market has begun to clearly follow the official market, and this trend is expected to continue until the end of this year, based on current economic data."

 

8-13-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: Alaq on TV saying on the news conference that 80% of our currency is held outside of our banks.  It's no longer an issue with what we hold inside of Iraq. FRANK: The only way to get that 80% back is by lifting the value or your currency.

 

 

[Luigi1]

Frank26  [Iraq boots-on-the-ground report] FIREFLY: Alaq on TV saying on the news conference that 80% of our currency is held outside of our banks.  It's no longer an issue with what we hold inside of Iraq. FRANK: The only way to get that 80% back is by lifting the value or your currency.

 

Can't blame Iraqis mistrust in the Banks.

Many Banks failed, took depositor's savings & never replaced it.

 

Laws need to be passed to protect depositors.

If they can't protect Iraqis...how are they going to protect foreign investors?

Just a thought.