Iraqi Dinar Guru opinions 5-21-16
Iraqi Dinar Guru opinions 5-21-16
5-21-2016 Newshound Guru Mountainman Article quote: “…Iraq has an agreement with the IMF will open the way to get more international support and the possibility of issuing bonds to global markets.” Let’s GET REAL Here…These FUTURE BONDS…Will (NOT) be at A PROGRAM RATE…You and The IMF KNOW IT…Yup…Sure Do…IMO…The REAL VALUED IRAQ to SHOW ITSELF…
5-21-2016 Newshound Guru Shredd [is the dinar floating?] Not from what I see…setting the rate for transactions can be confusing… stated rate versus fair market value…what are people willing to pay, what price. let’s say all of the currency dealers in the US ran out of Dinar…for anyone desperately wanting Dinar, they’d pay be a hefty premium for mine if I were to sell it to them…once we see dramatic moves in the dinar, the demand stateside will go bonkers and in a short time, our local supply will dry up…the rate the banks may pay (less spread) may be substantially less than your neighbor would pay.
5-21-2016 Newshound Guru wmawhite …this talk about keeping us in the dark is seriously…stupid! First, they could not care any less about us and whether we know…second, we know because they have been telling the world that they are going to add value to the currency. The IMF did state that Iraq “will” enter the economy market during the first half of 2016. If “this” …is entering the economy market then …it is happening…it has been happening…plus, the change in the status of the IQD will occur as an effect of entering the markets…it is a process…not an on and off switch. We have reason to believe Iraq is nearing the end of the process…
5-20-2016 Newshound Guru Bondlady [is the dinar floating?] 5/18, it was 1107.1000, yesterday it was 1181.5000 today its 1181.0000…which back in the day before the programed rate began this was what it looked like when it floated, its a possibility I think that it could have began, and again this rate change no matter how small, was also, today…we will [continue] to monitor this and keep yall updated.
5-20-2016 Newshound Guru firefly Press Release No. 16/23: “IMF Mission Reaches Staff-Level Agreement on Financial Assistance under Three-Year Stand-By Arrangement with Iraq” This is by far the biggest news I’ve seen to date in print! facts folks, facts! And straight from the horses mouth. Iraq would not have been approved for that loan unless Iraq met the conditions, IMO. In other words Iraq needed to accomplish everything the IMF needed BEFORE they got that loan! WONDERFUL news! [sounds like this could go anytime…] I believe you just may be right.
5-20-2016 Newshound Guru rcookie [With bond sales going international in June this RV must happen prior to that correct — What ever date the bonds go!] THIS IS WHAT KEYWORDS HAD TO SAY ABOUT ALL BONDS IN INTERVIEW TODAY… HE STATES CLEARLY THAT WITH THE US & WB GUARANTEE OF THE JUNE BONDS TO INT’L MARKETS…$2 BILLION AND IS ALREADY ACCOUNTED FOR IN EXISTING 2016 BUDGET…HE TELLS US WE DONT NEED THE DOLLAR BONDS…THEY WENT WITH LOCAL NATIONAL BONDS IN IQD…BECAUSE THEY NEED DINAR BECAUSE MOST OF STATE BUDGET EXPENDITURES COVERS IQD…
5-20-2016 Newshound Guru OOTW Article quote: “FROM KITABAT Thursday May 19, 2016, published a newsletter from Iraq, the Official Gazette, is Dioanaa on the transfer of the Vice-Presidents of the Council of Ministers and Ministers were covered Baltrchiq public office last August, to retirement.” THE LATEST VERSION OF THE GAZETTE IS OUT AND KITABAT HAS PUBLISHED AN ARTICLE STATING THAT THE GAZETTE CONTAINS ORDERS TO RETIRE THE CABINET MINISTERS AND THE MINISTERS – FROM LAST AUGUST.
5-20-2016 Newshound Guru wmawhite Article: “Urgent .. Iraq gets a financial certificate enables him to deal with international banks with high confidence” To me, it implies that previous to this action…Iraq (CBI/its banks) were unable to deal with international banks. so, now they can? This implies, yes, now they can. This implies change…is this part of the process of entering the economy markets? i think it is quite reasonable to assume so. [Won’t this be also a chance for the dinar to international now?] technically…the dinar is international…it is the currency of a sovereign country…it is already accepted by other countries too, such as India. But, what you may be asking about, once the IMF gives its “Good House Keeping Seal of Approval”…Artice 8, more countries will agree to accept/exchange the IQD as part of Iraq settling foreign remittances.