Frank26
The moment the value goes up where is the Iraqi dinar, where is that exchange rate going internationally? ...Forex. It's going to the community that is starving for this currency...In doing so the value will go up in what's called a float.
Sudani made it very clear to the Iraqi citizens he was going to add value to their currency this year. We're talking about the year 2024...They go by a fiscal calendar...Iraq goes from January 1st to December 31st.
I think Sudani is in control of the monetary reform. I think he has security and stability and I think the international world knows it.
I think all the three letter agencies are in cahoots...with the CBI...GOI to go ahead and launch the new exchange rate...I think the exchange rate is either going to float at a fixed rate or it's going to float at a low rate then take some time to grow and be capped. If it's fixed at an RI rate then you know it's not going to float very much because the distance between $3.22 to...where they want to cap it it's not that far and the demand will allow the gap to be reached very quickly.
If it comes out at $3.22 you think I'm gonna wait around for a float? No.
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