Thursday Late Morning Opinions @ 11:05 AM MST - 8/14/2025

[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 

 

 

8-14-2025  Clare  Article: "The Iraqi government denies allegations of its intention to devalue the dinar against the dollar" Quote: "Saleh said Iraq's exchange rate policy is a contractual one between the Ministry of Finance and the Central Bank of Iraq, given that the reserves supporting the Iraqi dinar reinforce the external value of the currency."  This means that the dinar, backed by foreign currency, comes from oil revenues. He considered the policy of devaluing the dinar to be dangerous and not easy, while the state is constantly working to raise and improve the value of the dinar, not to devalue it.

 

8-14-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: More nasty rumors by Iranian-backed politicians.  They're saying Iraq is going to devalue the dinar to the dollar.  Saleh is saying this is not true. FRANK: If they're telling you your currency is going to be devalued, then you can be rest assured...guaranteed. You can have great confidence that it is the complete opposite.  They're going to add value.  Exactly what they said two days ago. That's what Iranian influence does in your country.

 

8-14-2025  Yada  Different circumstance with Vietnam than with Iraq.  Vietnam economy was suppress with China controlling it.  Iraq was suppressed under dictatorships but now they are the answer to the international community...they cannot stay at 1310 to 1 dollar and do all of they plan on doing for the Middle East.

 

 

[yendor]

  

8-14-2025  Yada  Different circumstance with Vietnam than with Iraq.  Vietnam economy was suppress with China controlling it.  Iraq was suppressed under dictatorships but now they are the answer to the international community...they cannot stay at 1310 to 1 dollar and do all of they plan on doing for the Middle East.

 

 

 

 

So true !  But those clowns don't seem to give a Shiite about doing anything to change anything.