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 Pimpy says --  We know that part of the reform papers they're taking about the exchange rate.  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Pimpy says -- We know that part of the reform papers they're taking about the exchange rate.

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 Pimpy says --  We know that part of the reform papers they're taking about the exchange rate.  Empty Pimpy says -- We know that part of the reform papers they're taking about the exchange rate.

Post by Ponee on Fri Oct 09, 2020 9:14 pm

 Pimpy  we don't know what the rate change is going to be but we know the rate change is being discussed in the reform papers.  We don't know what that means though...it's easy to assume they're talking about changing their rate, which makes sense.  Don't get me wrong...I just don't want us to jump ahead of the game here.  Stay grounded.  That is good news.  We're all hoping that's what it means...


 We know that part of the reform papers they're taking about the exchange rate.  We know this.  They said so.  But they didn't tell us what they're talking about.  So all anybody can do is speculate.  We did see the papers from the IMF that one time that they had a list of things they want to see Iraq do.  And on the very top of that list was decrease the rate. NOT the value of the dinar but decrease the exchange rate which good for us Not decrease the value of the dinar, which is bad for us.  So both those things look positive.  But again stay grounded...



Article:   "The European Union announces that it has taken a number of steps to remove Iraq from the list of high risk countries"  This is good....They're on this list because they're corrupt.  There's a lot of money laundering in the banks and they finance a lot of terrorist groups through these banks.  So if they get removed off this list that's telling the whole world, "Hey, all right, in our opinion they've done what it takes to stop this from happening..."  This is big steps.  Ever since that new Central Bank of Iraq governor took over, he has started implementing the reforms needed in the bank and whatever steps those are that he's taken obviously are impressing the international community which is really important...

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