Deepwoodz

…We have the advantage of looking back at the last year in particular and seeing hundreds of steps taken. All in the right direction.  Don’t you… Read Full Article

Deepwoodz

Community Question “…The 25,000 IQD tax in the budget for Iraqi citizens to pay if they use the airport and fly.  That tax tells me that th… Read Full Article

Deepwoodz

Some have said… “How can Iraq afford to come out with such a high exchange rate of 3+ ? How can they afford to pay out to all the other holders of dina… Read Full Article

Deepwoodz

When Iraq initially changed the rate to 1310, it showed up for the first time internationally March 28. At least on the two boards I can see.  From that p… Read Full Article

Deepwoodz

I know the expectation was 1:1 and now maybe 1:1.50 but I wouldn’t be surprised with all the build-up that they come out guns a blazin of 3+:1.… Read Full Article

Deepwoodz

Article:  “To monitor state funds.. Sami is discussing with the International Monetary Fund the application of the single treasury account… Read Full Article

Deepwoodz

The only thing that makes sense to me at this point is that they chose 1310 for a reason and not just some random number or percentage.   Once they achiev… Read Full Article

Deepwoodz

Is dropping the zeros even in play here? Any articles saying so?  If not, it’s going to be some time at the current rate of progress to get 1-1.5.  That’s… Read Full Article

Deepwoodz

…Why choose 1310 at all? Doesn’t compute in my mind…They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they… Read Full Article

Deepwoodz

…We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town…the f… Read Full Article

Deepwoodz

[Response to Guru Paulette below] …When they went to 1460 they were out of compliance the opposite direction. Then, they went to 1310 on a whim,… Read Full Article

Deepwoodz

All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq …They are squeezing ou… Read Full Article

Deepwoodz

Article:  “A Sudanese advisor expects the official and parallel dollar prices to match within weeks”.  If the official rate is 1310 th… Read Full Article

Deepwoodz

[Response to Guest Guru Dallasdude below…]   Of course it [1310] is better than 1460 but looking at the bigger picture…Dec 2021…they d… Read Full Article

Deepwoodz

[Response to Guest Guru Dalladude below…]  I disagree. 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190… Read Full Article

Deepwoodz

Question: “How rich is Iraq?”  …The world proven oil reserves, and Iraq 12%. If oil in the ground is money in the bank, Iraq is weal… Read Full Article