tlm724 (Bond Lady’s Corner)
Article:
“Parliamentary Finance Hosts The Governor Of The Central Bank To Discuss The Exchange Rate Of The Dollar“
Quote:
“After approving the budget and fixing the exchange rate of the dollar at 1,320 dinars, there will be a hosting of the governor of the Central Bank and his advanced staff next week in the Finance Committee to discuss the issue of the exchange rate.” He added, “The committee will discuss with the governor about the bank’s plan.” In maintaining the exchange rate.”
[via PDK]
In Iraq: Listing shares on the Iraqi stock exchange… Iraq is pushing electronic companies to be on the stock exchange. Why is this important? Because it forces another level of transparency. They will be responsible to shareholders and shareholders will be able to see what they are doing…and that they are doing things honestly and legitimately. Imo this is pretty big news coming out of Iraq…and they are prepared for this. They have modernized banking and squashed corruption.
Most of my Iraqi sources are more excited about tomorrow or overnight tonight. But honestly we don’t know the timing yet…we are watching all the pieces come together. This long anticipated event is finally occurring right in front of us. As for the budget my sources say they are implementing it now. Money has started flowing and things have started happening. I am still looking for articles on this to come out of Iraq. It could be tomorrow before they are out. We are at a turning point…I believe the tide has turned.
Mountain Goat
Yes, we are VERY close to something big happening with the dinar soon. I will not give you a target date as I do not spread rumors. How can anyone not see that we are on the precipice of something huge? I mean really huge!!
Yes, we are VERY close to something big happening with the dinar soon. I will not give you a target date as I do not spread rumors. How can anyone not see that we are on the precipice of something huge? I mean really huge!!
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