Mnt Goat says - I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3
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Mnt Goat says - I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3
by RamblerNash Thu Jan 13, 2022 12:10 am
Mnt Goat
...we read in articles that it is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar. Iraq citizens say that they demand the return of the exchange rate of the dinar to its “normal” state. What is its normal rate?...I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3. We all need to remember that the true value of the dinar is NOT reflected in its current exchange rate even at 1120.
...We are waiting for the CBI, IMF, World Bank and BIS to finally release the real rate of the dinar [that] will fairly and truly measure up the REAL VALUE already present in the economy, the oil and other resources of Iraq. Iraq will never accomplish its goals as stated in the White Paper without the reinstatement of the dinar and globally trading it. The White Paper itself even tells us this is their objective to accomplish...
...we read in articles that it is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar. Iraq citizens say that they demand the return of the exchange rate of the dinar to its “normal” state. What is its normal rate?...I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3. We all need to remember that the true value of the dinar is NOT reflected in its current exchange rate even at 1120.
...We are waiting for the CBI, IMF, World Bank and BIS to finally release the real rate of the dinar [that] will fairly and truly measure up the REAL VALUE already present in the economy, the oil and other resources of Iraq. Iraq will never accomplish its goals as stated in the White Paper without the reinstatement of the dinar and globally trading it. The White Paper itself even tells us this is their objective to accomplish...
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» Frank26 says - They're talking on news Channel 1 saying it is time to open and adjust our exchange rate
» Kaperoni says - They want to bring it back to what it was just a year ago around 1170
» MarkZ says - Dr. Shabibi did say at one time Iraq could support a rate of 14.00 to $20.00 in 2012
» Walkingstick says - It's in print now
» Guru Vital Brad says - When it comes to rate I've heard numbers as high as $30
» Frank26 says - Article: "Economist: The Government has no justification to continue to raising the dollar exchange rate" Bada-bing-bada-boom
» MilitiaMan says - To open a bank branch in the UAE and or even in Saudi Arabia is to be international
» Frank26 says - meanwhile citizens are demanding more that the exchange be set back to previous rate
» Guru Vital Brad says - when Iraq fully seats their government and the Iraqi dinar is reinstated as a recognized currency on the International market/on the Forex market...it's going to be at a new rate. Similar to the Kuwaiti dinar
» MarkZ says - It is their understanding that this is the governments way of saying “thank you” by paying them in dinar right before they revalue the currency
» Frank26 says - Everybody wants a piece of Iraq now. That is the biggest telltale sign
» Frank26 says - The writing is on the wall...it is in print. It's not my opinion
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» MarkZ says - My banking contacts were saying it now looks like $6…and today they are all confused because bank screens are showing around $11.00
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