Wednesday, November 8, 2023

"RV UPDATE" BY PIMPY, 8 NOV

  Pimpy  

 One year report card...Al-Sudani and his cabinet...Given all the circumstances I would give Sudani definitely a B- .  To be honest I thought it was going to be a lot worse than this. 

 But like I said once the budget is passed we're going to start to see people's true colors.  The second year is going to tell us a whole lot about Al-Sudani.  Just when you think you got the right guy in there who seems to be getting everybody on the right path we have another election coming up again.  That's going to tell us everything we need to know...

I believe they're going to go up in increments as the dinar gets stronger especially next year when they're using solely the Iraqi dinar.  That's going to strengthen the dinar but there's always things that could change the way the dinar goes up in value.  Removing the sanctions would be huge..

Article: "The Baghdad dollar jumps to 168 after intense speculation on the stock exchanges"  So the exchange rate of the US dollar soared.  In other words that's the wrong direction.  

Quote:  "the selling price reached 1680 for every dollar."  What does this mean?  They need to change the exchange rate...At least go back to the original rate of 1190 dinar...

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