Nader From The Mid East
All the banks of Iraq demands strength of the dinar against the dollar.
MarkZ
Rumor…from someone on the street that it is accurate…we heard that the rate changed from 1 – 1300 to 1-1132. That’s a massive change, especially since we’ve been told for about 6 months to expect one more rate change for de-dollarization and then “BAM” we get the big one. So, it appears that they have made that move…the CBI is still showing 1300 so that’s the part that has me confused right now…I will look for the concrete proof of that.
Rumor…from someone on the street that it is accurate…we heard that the rate changed from 1 – 1300 to 1-1132. That’s a massive change, especially since we’ve been told for about 6 months to expect one more rate change for de-dollarization and then “BAM” we get the big one. So, it appears that they have made that move…the CBI is still showing 1300 so that’s the part that has me confused right now…I will look for the concrete proof of that.
Frank26 (KTFA)
Article Quote:
“The parallel price means the exchange rate of the dollar in the market…and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers.”
What…when? They don’t have to tell you when. They don’t have to tell you nothing. But all of a sudden…this exchange rate comes out of nowhere like Godzilla coming out of the ocean and surprising with a big roar, ‘Our official exchange rate is 1132.‘ No it’s not. You’ve been telling everybody it’s 1320…If you remember, I told you I was hoping they would get this down to 1100 or to around 1000. In that way we can just drop the zeros and we’re at 1 to 1.
Article:
“Al-Tamimi: The oil and gas law needs to include the decisions of the Federal Court”
THE HCL IS THE KEY TO THE NEW EXCHANGE RATE & TO THE 2023 BUDGET.
The new exchange rate and the budget will probably come out together.
Article Quote:
“The parallel price means the exchange rate of the dollar in the market…and not the official rate set at 1132 dinars per dollar, according to the decision of the Board of Directors of the Central Bank of Iraq, which was approved by the Council of Ministers.”
What…when? They don’t have to tell you when. They don’t have to tell you nothing. But all of a sudden…this exchange rate comes out of nowhere like Godzilla coming out of the ocean and surprising with a big roar, ‘Our official exchange rate is 1132.‘ No it’s not. You’ve been telling everybody it’s 1320…If you remember, I told you I was hoping they would get this down to 1100 or to around 1000. In that way we can just drop the zeros and we’re at 1 to 1.
Article:
“Al-Tamimi: The oil and gas law needs to include the decisions of the Federal Court”
THE HCL IS THE KEY TO THE NEW EXCHANGE RATE & TO THE 2023 BUDGET.
The new exchange rate and the budget will probably come out together.
Mountain Goat
Article:
“IRAQ’S NEED TO LEGISLATE IMPORTANT LAWS, INCLUDING THE OIL AND GAS LAW TO COMPLETE THE BUDGET”
The oil and gas law compliments the new budget, Article 140 compliments the oil and gas law. Get it? They are all hard to separate and are connected.
Article:
“IRAQ’S NEED TO LEGISLATE IMPORTANT LAWS, INCLUDING THE OIL AND GAS LAW TO COMPLETE THE BUDGET”
The oil and gas law compliments the new budget, Article 140 compliments the oil and gas law. Get it? They are all hard to separate and are connected.
MilitiaMan
[via PDK]
There are…things we are hoping to see in the next short period of time.
…I am looking to see the 2023, 24, 25 budget allocations …they need to start spending money on projects. We will hopefully see things come to fruition in a short period of time. We are in a fascinating time frame… everyone and their brother are chomping at the bit to have a previous era exchange rate that’s internationally accepted to do business with in the region…everyone is coming to Iraq. These are exciting times and I am feeling very upbeat.
[via PDK]
There are…things we are hoping to see in the next short period of time.
…I am looking to see the 2023, 24, 25 budget allocations …they need to start spending money on projects. We will hopefully see things come to fruition in a short period of time. We are in a fascinating time frame… everyone and their brother are chomping at the bit to have a previous era exchange rate that’s internationally accepted to do business with in the region…everyone is coming to Iraq. These are exciting times and I am feeling very upbeat.
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