5-3-2020 Newshound Guru Pimpy Article: "Agreeing on public voting at the session to give confidence to the Al-Kazemi government" ...our boy Kazemi, it looks like he's going to pass...It looks like all the different voting blocks are going to go ahead and pass him...the constitution of Iraq article 76 says if they turn down this current nomination as PM then that means it gives the president the right to dissolve the parliament which is what I want to happen...what does this mean to our Iraqi dinar? What we're looking for is stability. I don't believe this government has anything to do with whether or not the rate change gets changed...
5-3-2020 Newshound Guru Pimpy We do know that the U.N and IMF work in tangent with one another and they're the people that's going to pull the trigger on this deal...in order for the restriction on their currency to be removed there needs to be some type of stability. So having a PM in there along with his cabinet is going to lend a lot to stabilities to what's going on there in Iraq. Hopefully the UN will remove the restrictions and we'll see the IQD on the Forex. Once it starts trading I believe a lot of speculators are gonna jump all over that currency causing the exchange rate to jump up...we will see shortly...
5-3-2020 Intel Guru Frank26 ...IMO...I will not cross the river with you. How long do you think it will take me to recover? Two weeks? ...whenever they do raise the value of this currency it's not like they're going to celebrate and throw fireworks up into the sky. It's not like they're gonna put it on the front page of the newspaper. The international world will probably talk about it but inside Iraq - business as usual...it won't be a big fan fair. They've been teaching them for a long time...there is a change coming to the monetary reform...
5-2-2020 Newshound Guru Kaperoni Article quote: ..."all countries of the world follow the policy of floating currency except in Iraq because the currency auction is one of the chapters of corruption that feed the pockets of spoilers," stressing that "floating the Iraqi dinar will protect Iraq's reserves from hard currency from loss and waste."
5-2-2020 Intel Guru Bruce [via WiserNow] We...heard – and we’ve seen that the Vietnamese Dong is no longer available to buy on Travelex which is a major site and you know if you have traveled that Travelex has a number of Kiosks in a number of airports globally – throughout the US and in other countries for currency exchange - Travelex does not want to be caught in the middle of a rate change so they no longer have the Dong for sale...Very few dealers still have dong for sale...
5-2-2020 Intel Guru RayRen98 Iraqi TV news is showing Al-Kazemi signing off on his government, stating it's done and ready for Parliament's vote on Sunday. Parliament confirms they have received the names of the cabinet from Al-Kazemi. ...Being shared in the news: 200 ministers will vote Sunday for Al-Kazemi and pass his cabinet also indicating that Sunday is the "day."
5-2-2020 Newshound Guru Vital Brad …This Sunday...they’re gonna be voting on the new government…
5-2-2020 Newshound Guru Pimpy ...Looks like Sunday or this weekend we're going to find out whether or not they have their PM. Is Al-Kazemi in there? Did he get his cabinet in there? Did they finally get what they needed or is this another flop? And then [Is] the President...going to take over dissolve the parliament and go ahead and just run new elections and have the people voted in themselves...?
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