In the valuable views of the Iraqi Dinar Gurus, RV was about to instate in the mid of 2020 but the uprising waves of pandemic Coronavirus makes it quite difficult for the financial markets to engage in business activities, so as far as Iraqi Dinar Gurus opines, it is better to wait for the RV as the circumstances are quite out of control and this pandemic will take at least four months to settle down.
Now the economic global predictions and the RV is concerning we have gone through from different Investors and Gurus and will let you through some important highlights.
Some investors are quite afraid and they have every right to do so, because Wall Street investors have predicted that US will fall into extreme recession due to world wide spread of Coronavirus pandemic which will severely affects Wall Street and other currency Investors, it is in our opinion that this inexorable recession will be the longest stagnation, US history had ever witness. The severe impact point will be the June of 2020 where Wall Street will most likely to be in diminution in terms of investments. Certainly we investors were much optimistic regarding the value of US Dollar and were invigorating our numerous Iraqi Dinar clients and confreres but now it will be a most wise advice of us that to not act in hassle, rather stay patient and remember investors have always make money after the recession period, numerous examples are in our investing industry that the bigger the recession the more output will be forecast and witnessed.
It is also worth mentioning here that Iraqi Dinar value is linked with the Iraq’s financial condition and the economy of Iraq is not much progressing due to its contraction in exports and sole reliance on Crude Oil. It has also been evident that the Crude Oil of Iraq is extracting by the Western Companies and they are not giving fair share to the Iraqi Government which has been not much of the value in return rather it is an impediment for the Iraq’s Economic growth. So, all these factors will cause the delay of Iraqi Dinar RV and Iraqi Dinar RV will not occur on the expected time, as the Dinar Gurus had predicted in the beginning of 2020 before this pandemic exists.
Analyzing the stats of open markets of currencies, US Dollar is relatively doing a great job as compared to the other currencies and US Dollar rose up to 3% in last working day of stock market which is a good sign for both Iraqi Dinar investors and US Dollar holders. US Dollar holders are selling their assets in order to accumulate their investments more in the form of US Dollar, due to the uncertainty which has grasp the mind of Investors in consternation. These facts show the Investors credence on greenback in the times where no currency is standing a chance against such circumstances. The US Federal Reserve have spewed a serious amount of US Dollar to various countries banks in order to contrivance the economy deficits. As if we discuss further more extensively about the currencies, value of Euro is truncated due to the recent uprising pandemic wave in Italy. It is also been advised by the Trump Administration to the Federal Reserve to take every essential steps to facilitate the US financial market.