As it stands RIGHT NOW, it looks like we’ll have an Official International Rate increase and exchangeable Iraq Dinar currency, on Monday, October 3, 2016.
Please Read Carefully.
The next few days will fully determine this outcome, based primarily on events OUTSIDE Iraq, believe it or not, for this date…..it has to do with the full integration of several other key political powers, and their current positioning politically.
There are moves being made, as we speak, that are of serious concern. That’s all we can say about that, at this time.
Because of this, at this point, there is strong consideration, to FIRST substantially increase the IN-COUNTRY rate by Oct. 3, countrywide only, without granting an International status, until the Approximate time period ofDecember 1, 2016, at which time, Iraq would Officially become an Internationally Tradable and exchanged currency, outside the country.
The consideration, is that this would give them some extra time, to fully integrate the affairs within the country, managing the changeover sufficiently within all aspects of their banking and regulation systems – lower denoms, auctions, pricing, etc., finalize some political shuffling of key positions, finish a handful more laws, and secure a little more ISIS details – all before becoming a Full International partner, and the onslaught of changes that come with that – ALL while these other things play out, after the Oct. 1 date……
We’re not going to go into detail here, but you can take a look around, and see the confusion, mixed signals and uncertainty that exists, at the present time, between Major World Powers, and by extension their economies, coming to a head, in more ways than one. The tensions between, is at an Extreme.
There just isn’t a 100% complete indication, from any direction, on this Oct. 3date right now, but it is a very high probability, much more, than implementing the December 1 scenario. The reason, is that they realize, the more time taken, the more problems that will inevitably surface. They, (meaning primarily the U.S. & Iraq), want to move on this NOW, but the UN & the IMF are leaning toward a little more time, to suffice the global picture……..there are a couple countries right now, seriously threatening, as we speak……
These are purely our Beliefs & Opinions, as to the status of things, at this point.
That’s all we have friends. Wish we had more….As of Right Now, OCT. 3rd is it. As a very wise man reiterates time and again, “Time Will Tell”……but not much more.
Keep your fingers crossed……..and your Toes, and your Eyes, and your Arms, and your Legs, and every hair on your head………. oh, and with a SMILE…..if you choose.
…….the VN Dong – we have no status change, at all – still……at any moment.
I Intend the VERY VERY Best for ALL,
Dr. Clarke
