Iraqi Dinar Guru opinions 8-15-16
Iraqi Dinar Guru opinions 8-15-16
8-15-2016 Intel Guru SteveI There is just too much going on in the back ground to support this happening that I am extremely encouraged. There are a few things going on within the ISX that if our team can really confirm, then that alone would put the icing on the cake for me. I believe that once Mosul is under control we are going to see some very happy days.
8-15-2016 Newshound Guru tlm724 Article: “The Iraqi government signed on Thursday a memorandum of understanding with the United Nations requires the involvement of international investigators in the files, “grand corruption” For months, Iraqis organize demonstrations in the capital Baghdad and the southern provinces, demanding the formation of a government of technocrats, and an end to political wrangling in Parliament, and to provide the corrupt to justice… hopefully this will help calm the people a lil.
8-15-2016 Intel Guru Frank26 …it’s all good…But this week keeps us in a Limbo…Still waiting for Mosul.
8-15-2016 Newshound Guru mike I’ve always read that the WTO wants Iraq to: “He said the main duties of the task force are reducing the difference of value between Iraqi Dinar and US dollar and activating Iraq’s private sector.” …the dollar to dinar difference right now is about 100,000%, there’s a big space available to raise the value of the dinar without it having to be 1-1…the WTO isn’t saying the dinar has to be close to a dollar, it’s saying that Iraq needs to close the gap a little, like a nickel, dime or quarter rise, not the full dollar amount.
8-14-2016 Newshound Guru rcookie Article quote: “Revealed Badr parliamentary bloc, on Saturday, on the nomination of Qasim al – Araji , an official for the post of interior minister, noting that the cabinet reshuffle will be presented to a vote next Monday.” Article: “Adeeb: National Alliance blocs will meet tomorrow to decide the general amnesty law” IRAQ IS GONNA GET THEIR VOTE ON FOR MONDAY…BOTH LAWS GETTING REQUISITE COMMITTEE REVIEWS TOMORROW [SUNDAY]…AND PARLIAMENT FOR VOTE MONDAY…
8-14-2016 Newshound Guru tlm724 Article quote: “the Governor of the Central Bank, to “the absence of fiscal policy in Iraq,” and stressed that it is managed on the everyday problems and social pressures and not drawn for the future “, and was charged with the institutions’ work for political interests disability monetary policy in the country” “that “the economic reform process in Iraq is still at the beginning of the first stage” And how many years have you been the governor of the CBI? Look I’m not saying he is a miracle worker and we know he has to have support, laws and stability…but really? The CBI is an independent body and I don’t accept his performance thus far! He has done very little to correct the policy and if it weren’t for the IMF pulling the strings behind the scenes we wouldn’t see new policy’s written and implemented! The good news is that the policy is being changed…
8-14-2016 Newshound/Intel Guru BGG [On a scale of 1 to 10, how excited are you about UN intervention into Iraq corruption files?] 9 – it’s why things are moving so fast.
8-14-2016 Newshound Guru rcookie THERE ARE INDEPENDENT POLITICAL BLOCS MAKING LAST DITCH EFFORTS TO OBSTRUCT THE GENERAL AMNESTY LAW SAYING THAT THE PASSAGE WILL RELEASE MANY TERRORISTS BACK INTO THE COMMUNITIES …JABOURI STATES THE LAW WILL BE VOTED ON IN MONDAY’S SESSION.
8-14-2016 Newshound Guru mike [IMO, if the plan is on target, we are watching the CBI now get ready for the initial increase in value… Reference Guru Kaperoni post 8-13-2016 ] I’m hoping the plan is on target, but it sure seems like a tall order in a very short period of time. In just a little over five months we’re hoping that Iraq will get rid of the exchange restrictions, get the spread down from 1287 – $1 to something less than 1205 – $1 and the dinar’s in Article VIII, right? …I don’t see a way for the dinar to rise unless it’s internationally recognized, other countries have to trust it before they’ll accept it, right? Without the ability to purchase imports with the dinar, I don’t see how they can get the value to .10, they’ll need that to create demand over the dollar. So, that begs the question, will they start at 1182 or will they start at a nickel and go from there? For sure, we’re going to have to see these guys move at speeds yet unseen to realize the goal of 50, 100 and 200 dinar notes in early 2017, here’s hoping they do it.