🚨 IRAQ DINAR HIGHLIGHTS – JEFF’S TAKE 🚨: REALISTIC TARGET FOR THE IQD IS AROUND $3.80+

 🚨 IRAQ DINAR HIGHLIGHTS – JEFF’S TAKE 🚨

💰 Budget Depends on New Rate
Jeff says Iraq’s budget cannot be fully approved until the new currency value is in place, since the budget calculations are based on the exchange rate.

🏛️ Government Formation First
The expectation is: once the government is formed ➝ rate change can happen ➝ then budget approval follows.

📈 Possible Rate Range
Jeff believes a realistic target could be around $3.80+.

📊 Historical Comparison
He notes Iraq’s currency historically traded slightly higher than Kuwait’s, whose value today is around $3.25.

⚡ Main idea: political completion + budget timing + historical value comparisons are fueling speculation of a stronger dinar rate.

#Iraq #Dinar #IQD #CurrencyReset #Finance #ExchangeRate #MiddleEast #Investment #EconomicNews

Jeff 

 The budget can't get approved till the new currency value exists.  It's a law.  All aspects of a law have to exist for them to approve it, which means the currency value has to exist because the budget is calculated off the currency value.

 So, that has to exist before it can get sent to parliament for approval.  That's the reason they told us about a month ago that the budget would get approved after the government is formed because when the government is formed they they get a change of rate, then proceed with a budget approval.

  Question: "What do you think is a possible range for rate change?"  I'm around the $3.80ish camp, somewhere around $3.80+...

Historically Iraq's value of their currency, clear since the 1970s, compare them to Kuwait.  Iraq has always remained slightly above Kuwait's currency value. Today Kuwait is around $3.25...Just working off of facts.