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Ariel
@Prolotario1
Dinar Update
Quote:
“There is no way out except through radical and immediate reforms, starting with restoring the exchange rate to what it was.”
How many times have Majeed & I have told you all this? What is one major reason they have to revalue? To avoid a crash! Which means this is not a prerequisite for a new exchange rate in regards to the Iraqi Dinar needing to lose value before we see it on the Forex market.
They have no other option to exercise.
They have no other opportunity to the contrary.
They have no more delay tactics available.
They no longer have the ability to drag their feet.
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Donald Trump put extreme pressure on their banks for those who were using the dollar. Now the real estate market is suffering because there is no liquidity moving.
🎉🥳🔥😎🎉🥳🔥😎🎉🥳😎🔥🎉🥳😎
— Majeed 🇸🇦KSA🇸🇦 (@majeed66224499) February 21, 2025
The current Government’s decision to raise the value of the dinar was an incorrect populist move, as it increased the cost of salaries and drained the dollar reserve, benefiting only a minority. With the decline in oil prices and the possibility of… https://t.co/tgwekoVzqn
Source(s):
https://x.com/Prolotario1/status/1892938273548329099
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