Iraqi Dinar Guru opinions 12-12-15
Iraqi Dinar Guru opinions 12-12-15
12-12-2015 Intel Guru Frank26 Article quote: “…confirmed the Iraqi Central Bank on Saturday, it will put the plan to attract the Iraqi currency chunky in the homes of citizens for the purpose of investment…” [I’ve been trying to figure out what they mean by chunky. LD’s are coming in CHUNKS.] Keyword… MASSIVE. ALSO YOU MUST NOTE FROM NOW ON: No approvals…No amendments…No passing…No readings…JUST ACTIVATIONS. Now.
12-12-2015 Newshound Guru Millionday …THE BANKING CONFERENCE TO MOVE IRAQ TO THE MARKET IS ON THE 12TH AND 13TH OF THIS MONTH. IT INCLUDES ALL BANKS AND THEY HAVE ALREADY MET FOR WORKSHOP… HAVE ROLES AND HAVE ALREADY TAKEN STEPS FOR THE MOVE TO THE MARKET. THE 16TH OF THIS MONTH IS THE HUGE ECONOMIC CONFERENCE WITH ALL EXPERTS AND PROFESSIONALS.
12-12-2015 Newshound Guru Kaperoni Article: “Najib: raise 5 trillion dinars from the payment on credit projects in order to reduce budget deficit” Iraq is really in a bind. I saw a picture the other day of the Kurdistan region, almost all the high rise construction was stopped. Then you add all these provinces that are war zones, and the areas that are not (like Basra), but don’t get their share of the budget and you have a real mess. I don’t think these articles really tell the whole story of just how dire it has become. Under those circumstances, just how many companies are going to work in Iraq on credit? Especially when they can’t even pay the oil companies that are the only source of the their revenue.
12-12-2015 Newshound Guru wmawhite …the IMF announced 3 weeks ago a new MoU with the CBI and expectation of Iraq re-entering the economy markets prior to the first half of 2016. Regardless of 90 days or no 90 days…the IMF has already stated what their expectations are…that Iraq is going to do something during the first part of 2016. Done, done and done. the IMF would never open their mouths…state what they expect Iraq to do unless they have a solid reason to do so. Of course…if the CBI is in concert with the IMF everything that we are seeing is headed towards those expectations…With all of this said…what is needed by the CBI to “re-enter the economy markets during the first half of 2016? Answer: a currency that Iraq can conduct international commerce…to do what? Conduct business. And IMO…this is truly where we are today…we have been told what to expect by the IMF.
12-12-2015 Newshound/Intel Guru BGG Jubouri’s office announced the budget put forward for a vote in Parliament next Monday. […you think rate is in the budget…?] No – I don’t, the rate is where it has always been – the CBI, when it is time… they will change it.
12-12-2015 Newshound Guru rcookie Article: “Jubouri’s office announced the budget put forward for a vote in Parliament next Monday” ANOTHER CONFIRMATION ANNOUNCEMENT ABOUT BUDGET VOTE FOR 14TH…THIS ONE FROM JABOURI HIMSELF.
12-11-2015 Newshound Guru Stryker Article: “Parliament plans to vote on the budget next week” As you can see we are now seeing the word VOTE in the articles when it comes to the parliament budget sessions next week. The Budget is scheduled for Monday.
12-11-2015 Intel Guru Frank26 We got Dr. Shabibi back at the CBI…but is he in control of it…no not yet…why…they are under contract with the IMF and the BIS and WTO and these contracts IMO come to an end not at the end of the first quarter of 2016 but at the beginning…now the IMF I believe is going to work with them and give them until the end of the first quarter but the BIS and WTO…no…they want this now…and I think that Dr. Shabibi wants this now. …there will not be any new rate giving to you on the 15th…the tariffs and the codes are there already…instead we found out that on the 15th you will see a plethora of laws get activated and right around that corner these laws are for security and many reforms and the monetary reform is one of them. So that little snowball that we call “when when when”…it is pretty big in its movement and fast…
12-11-2015 Intel/Newshound Guru Backdoc WHETHER YOU PUBLICLY SEE THE RATE TRADING IN DECEMBER OR NOT IT IS BEING TRADED AMONG BANKS. NEXT WEEK WILL BE HISTORICAL! IT WILL TRULY BE A DECEMBER TO REMEMBER! THEY WILL SHOW IT TO THE PUBLIC WHEN THEY ARE READY!
12-11-2015 Newshound Guru Stryker Quote: “According to a statement of the bank, the agency received all of Iraq [where] a copy of “The amount sold volume today totaled 168 million, and 984 thousand, and $ 140, priced at 1166 dinars exchange rate to the dollar…” Even though the C.B.I. Currency Exchange Auctions List, the daily Currency Auctions Announcement No. document and the Exchange Rate Chart are all showing the rate to be 1182, the statements coming out of the CBI are still showing the auction price to be 1166.
12-11-2015 Intel/Newshound Guru Poppy3 …I BELIEVE RATE TO BE VISIBLE AND USABLE BY OR BEFORE JAN 1. THIS IS AND HAS BEEN MY OPINION AND WITH ALL THE POST THAT THE IMF AND CBI HAVE STATED HOW COULD ANYONE NOT SEE THIS THE SAME WAY? EITHER THEY ARE DOING THIS OR NOT BUT I CAN’T SEE ANY REASON TO…KEEP CALLING THEIR RATE SITUATION URGENT…ANNOUNCING THEY HAVE DISTRIBUTED LD’S TO ALL BANKS ETC. …ALL THESE STATEMENTS HAVE BEEN MADE BY THE DIRECT SOURCES… I AM PLANNING ON A VERY HAPPY NEW YEAR.
12-11-2015 Newshound Guru Kaperoni Iraq…needs a banking insurance law. This according to some previous articles should have been in parliament by now. Hope to see it soon as it will stimulate the banking system and get the dinar out of the mattresses…not to mention support foreign investment.
12-11-2015 Newshound Guru OOTW [ I am in great hope that they (Iraq CBI) will be able to maintain and/or achieve the 2% compliance ratio for market rate of the dinar for at least 90 days…] AGREED…REMEMBER THAT AS PART OF THE IMF MONETARY REFORM PROTOCOLS, IF THEY CAN MAINTAIN THIS FOR 90 DAYS, THIS TIME FRAME MAY BE CONSIDERED BY THE IMF AS A PERIOD IN TIME IN WHICH THEY MAY “FREEZE” THE CURRENCY AUCTION RESULTS PROVING 2% COMPLIANCE…AND THE IMF GUIDELINES/REGS STATE THAT THEY MAY CHOOSE TO ENACT MONETARY REFORM, INCLUDING AN EXCHANGE RATE FROM WITHIN THIS THREE MONTH PERIOD, BACK TO THE YEAR OF ITS OCCURRENCE. SO I WOULD HOPE THAT THEY CAN HOLD THIS INTO MARCH 2016 -AND THEN THE IMF MAY SELECT THEIR FROZEN POINT IN TIME TO THE BEG [BEGINNING?] OF 2016.
12-11-2015 Intel/Newshound Guru Poppy3 …THEY ARE WORKING HARD MAKING GREAT MOVES AND WORKING FAST TO BRING US OUR BLESSING. WHEN THEY WORK FOR THEIR PEOPLE THEY ARE WORKING FOR U & ME. SUPPLY AND DEMAND WILL PUMP UP THEIR ECONOMY FAST AND MOVE THEM TO MARKET VALUE ON WORLD TRADE MEANING THEY WILL HAVE TO MOVE TO WTO FULL MEMBER FAST. THAT MEANS A NEW RATE LONG BEFORE THE JUNE 15TH DEADLINE BECAUSE IT TAKES 4 TO 6 MONTH TO BECOME A FULL MEMBER. LETS HOPE THEY ARE FURTHER ALONG WITH THE PROCESS OF QUALIFYING.
12-11-2015 Intel/Newshound Guru Poppy3 [do you think the budget has to be opened before they go to market?] NOT COMPLETELY NECESSARY BUT THEY SHOULD BE WITHIN HOURS OF EACH OTHER. [SO U THINKING THEY ALREADY KNOW THE RATES?] WHEN THEY GET READY TO RELEASE A RATE THEY WILL CONTACT THE IMF AND THEY WILL APPROVE IT AND BAM THEY WILL RELEASE. IM SURE THEY HAVE A RANGE OF THE RATE BUT FINAL APPROVAL WILL COME FROM IMF AT THE LAST SECOND BEFORE IT GOES GLOBAL. HOLD ON PEEPS IT IS VERY CLOSE.