Mnt Goat
Question: Will there be a cap limit on the dinar when exchanging?
Mnt Goat Answer: Yes, the IMF will place the dinar initially on a managed float and I was told around a $9 cap but that was years ago and things have changed...I wouldn’t be surprised if we witness up to $12 before they cut it off.
Dr Shabibi told us in 2011 that the dinar back then could sustain a rate of $16...They are now pumping 2/3 more oil and have agriculture exports now and also 132 tons of gold...They are filthy rich! I am seeing a constant rate of about USD $3.80 - $4.25 range on the back screens at the bank right now...
Sandy Ingram
Iraq is on the verge of satisfying the IMF (International Monetary Fund) recommendation that they have a solid income stream outside the oil industry.
The Development Road Project will not only provide 4 billion US dollars in revenue each year, it will also increase the GDP of Iraqi citizens.
Holly
Some very important things are going to happen:
1. The USA sanctions on auctions for Iraq are being lifted after 30 years! Signed off by treasury last week when Iraq was in USA! Boom
2. Iraq is being part of the WTO by October 4th! They have to have an international rate to be part of it! Boom
3. Iraq is having their first ever Independence Day on October 3rd!! Congratulations Iraq! This means they are independent and their war has ended! This by far is the biggest boom ever!
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