Iraqi Dinar Guru opinions 8-12-16
Iraqi Dinar Guru opinions 8-12-16
8-12-2016 Intel Guru Frank26 [i picked up on the fact that you stressed the fact iraq wanted 1 to 1 rate in country and that it would be different outside the country…might they all ready have a one to one rate in country but won’t release it till they liberate mosul and officially go international?] There is no new rate on the CBI website right now…When there is…Their goal is to be 1 to 1 with the USD. That is the completion of the RI of the IQD MR inside Iraq…For in this arena a dinar is a dinar forever. Then we take the IQD on an RV international ride of a higher rate per country currency…Outside of Iraq. None of this UNTIL they give You Mosul. So to answer You…No.
8-12-2016 Newshound Guru Kaperoni Article: “Central facilitates the process of getting on the dollar” “Quote: “…central bank confirmed his quest to facilitate the real beneficiaries for the dollar and prevent irregularities in private banks and money transfer…” facilitate the real beneficiaries – in other words to eliminate corruption or misuse of the dollar. This is pertaining to the daily dollar auctions. Quote: “…the need for the commitment of companies and banks mentioned rules and standards to meet their applications to buy dollars for the benefit of their customers (remittances, credit, cash) which includes comply with the requirements and standards of international compliance…” what we are seeing is the CBI attempting to follow that directive…the recent SBA from the IMF…which calls out the spread and foreign exchange restrictions preventing Iraq from Article VIII (and international convertibility). This is good news they are trying, and we will see over the next few months if they are successful.
8-12-2016 Newshound Guru rcookie Article: “International centers qualifying local trainers global efficiency” …HERE AGAIN IS IRAQ TAKING DIRECT MEASURES TO ADDRESS ITS GLOBAL POSITIONING IN THE STANDARDS OF THE BANKING SECTORS BY ESTABLISHING PROVINCIAL TRAINING CENTERS TO IMPROVE HUMAN COMPETENCIES AND PERFORMANCE WITHIN THE BANKING SECTOR…THINK ABOUT THE MESSAGE THIS SENDS TO THE INTERNATIONAL COMMUNITY TOWARD IRAQ’S SERIOUSNESS AND APPROACH TO MEETING AND EXCEEDING GLOBAL STANDARDS…CONFIDENCE AND STABILITY…
8-12-2016 RUMOR Guru Bruce LETS GO BACK TO AMNESTY LAW, WE THOUGH IT WAS PASSED MONTHS AGO BUT IT WAS NOT…WE UNDERSTAND… LAST NIGHT…LAW HAS BEEN PASSED…AND IT WAS IN THE PAPER…THIS IS AN IMPORTANT STEP. WE HEARD OF IRAQ STOCK EXCHANGE TO BE OPENED AND TRANSITION TO TRADING FOR ISX…WE UNDERSTAND THEY WERE TOLD TO WAIT FOR THE WEEKEND. THIS WOULD BE AN INDICATOR OR A PRECURSOR WITH INTERNATIONAL RATE TIED TO THAT. WE COULD BE SEEING SOMETHING QUITE SOON NOW ACCORDING TO TIME FRAME AGREED TO A FEW WKS AGO. EVEN YESTERDAY WE WERE THINKING WE WOULD HAVE THIS BY NOW.
8-11-2016 Newshound Guru firefly Article: “Land Bank: Stop temporarily transactions for scrutiny and liquidity available to us” Quote: “Abbas added , “we need a period of scrutiny and the provision of liquidity appropriate and make sure from custody and construction operations “, noting that” the money is there and to reassure citizens in this regard. ” Sure the heck sounds like Basel 3 compliancy to me. Basel 3 requires all banks world wide to have appropriate assets to cover and protect our deposits. BIS = Basel 3.
8-11-2016 Intel Guru SteveI Article: “Oil companies comes to agreement with Iraq for resuming investment” Quote: “Iraq has reached an agreement with the major oil companies like British Petroleum, Shell and Lukoil to restart stalled investment in oil fields that the companies are developing and allowing projects that were stopped this year.” Wow, this is very encouraging news. It is slowly coming together.
8-11-2016 Newshound Guru firefly IMO amnesty along with the other laws is completed and awaiting implementation.
8-11-2016 Intel Guru Frank26 Article: “Abadi Heading Towards the Third Phase of the Process of Liberation of Mosul”…” …it is the first time that Abadi comes out and he says…hey we are headed towards the third phase of the process of the liberation of Mosul…now the fact that Abadi tells you this…in my strong opinion…it is because they have in fact liberated Mosul…and remember what we said….the moment they give you Mosul…IMO this month of August sometime in the second to third week…then the financial reforms will travel at the speed of light… Monetary Reform will travel very quickly into the month of September IMO…the WTO is taking…Iraq on a fast track for membership…
8-11-2016 Newshound Guru rcookie Article: “Iraq signed a memorandum of understanding with the United Nations to follow up the files of corruption under the supervision of international investigators” WOW!…TALK ABOUT CHANGING A CULTURE AND BUILDING A NEW NATIONAL BRAND…HERE IS IRAQ SIGNING A MoU WITH UN TO HAVE INTERNATIONAL INVESTIGATORS SUPERVISE IRAQS INTERNAL HANDLING OF CORRUPTION INVESTIGATION AND PROSECUTION FILES AND GIVE PRIORITY IN COOPERATION WITH SUPREME JUDICIAL COUNCIL…THIS KIND OF MOVE INVITES TRANSPARENCY TO ELIMINATING CORRUPTION SYSTEMICALLY…OPEN FOR THE WORLD TO WITNESS…AND THINK ABOUT THE CREDIBILITY AND ACCOUNTABILITY AND MOVE TO REBUILD CONFIDENCE IN IRAQ’S INTEGRITY PEDIGREE TO THE WORLD…AMAZING MOVE!
8-11-2016 Intel/Newshound Guru tman23 Iraq plan was to create domestic market to supply domestic goods to the people and lessen imports for those goods…It is not working out so well and …Importers in Kurdistan have ceased import operations because of liquidity (NO MONEY IN THE BANKS) to conduct their business…Although the CBI is moving forward…the domestic markets on a scale of 1-10 in advancing over the past year with 10 being good are at 2…it is continual disagreement…POINT BEING…THEY NEED IMPORTS…AND THEY NEED IMPORTERS TO HAVE ACCESS TO FUNDS…THIS IS THE SINK OR SWIM…CAN’T AFFORD TO FLOAT.