Iraqi Dinar Guru opinions 8-30-16
Iraqi Dinar Guru opinions 8-30-16
8-30-2016 Intel/Newshound Guru tman23 Direct words from the CBI to the GOI in several meetings…There will be no currency reform until all provinces are under government control…it was printed in ink in news articles… That being said, the liberation of Mosul is expected to take place end of September early October. Ernest and Young are expected to be finishing up with the 2 state banks mid October to end of October…Shabibi had said that the lifting of the zeros must begin at the start of the New Year and not in the middle of a quarter or middle of the year…it is not unreasonable to speculate that the lifting of the 3 zeros may be on the front burner for the start of 2017.
8-30-2016 Intel/Newshound Guru tman23 The last comment from the CBI regarding the 2013 IQD series was that the new 50,000 note “COMPLETED” the 2013 series… The question now is… Does the CBI have a 2016 series ready that include the 3 zeros on the notes…or do they have lower denominations printed… The liberation of Mosul could be the event that lifts off the announcement of currency reform implementation as a security measure to ISIS and the theft of IQD etc… BUT that does not exclude the possibility that Iraq could make the announcement tomorrow or the next day.
8-30-2016 Newshound/Intel Guru BGG [How long do you think they need before the change the value of dinar.] they are moving FAST… things look good.
8-30-2016 Intel Guru ADMINBILL I AM HOPING THE NOISE I AM HEARING ABOUT SEPTEMBER 1ST ARE MEANINGFUL. SINCE WE ARE NOT THAT FAR AWAY WE WILL NOT HAVE LONG TO WAIT TO FIND OUT. I HAVE SEVERAL CONTACTS THAT ARE VERY EXCITED STILL ABOUT THIS MONTH AND SEPTEMBER 1ST WORKS IN THEIR SCENARIO AS WELL AS AUGUST 31ST IN MY OPINION. COULD IT BE LATER? THAT’S A RHETORICAL QUESTION OF COURSE. THIS IS DINARLAND. THE ODDS OF THIS BEING COMPLETED BASED UPON PAST EXPERIENCE IS ALWAYS AGAINST US BUT ONE DAY SOON IT WILL BE.
8-30-2016 Newshound Guru Phoenix3333 Article: “Oil Minister Pledges To Increase Production And Open Investment Prospects” Oil Minister Jabbar Laibi vowed to proceed with the negotiations with the licensing rounds firms to handle contracts concluded with them loopholes that they contain, vowing to increase oil production and the opening of investment prospects for the development of the filter sector, as called for a balance between supply and demand in the oil market, he emphasized his support for the policy of OPEC and strengthened.”
8-29-2016 Newshound/Intel Guru BGG [what do you think is going to happen zebari this week…him being removed…will cause a problem for investment?] No – I don’t think so… the financial side of this appears to be moving “FULL STEAM AHEAD”…
8-29-2016 Newshound Guru OOTW VERY IMPORTANT LAW WAS PASSED TODAY…THIS LAW GOVERNS REGULATIONS/LEGALITY OF PEOPLE AND GOODS CROSSING AT BORDERS…IRAQ IS DOING QUITE A BIT IN THE PAST FEW MONTHS TO APPEASE THEIR LENDERS (IMF WB, ETC)…ALSO THIS WOULD BE A REQUIREMENT FOR THE WTO…ALL REALLY GREAT NEWS…REMEMBER THAT IN EARLY JULY IRAQ PARTICIPATED IN A TRAINING COURSE AT THE WTO… I CONTINUALLY MONITOR THE WTO SITE FOR SUCH ADDITIONS AND WILL KEEP EVERYONE POSTED, SHOULD I FIND SOMETHING ABLE TO BE VALIDATED AND PERTAINING TO IRAQ’ ACCESSION.
8-29-2016 Newshound Guru Mnt Goat Article: The national coalition led by Iyad Allawi confirmed on Monday (22 August 2016), the dollar exchange rate in the domestic market management is a “window of thieves and corrupt”…and he expressed concern regarding the determination to continue the auction currency policy despite the warnings and recommendations of experts, called for the inclusion of the Central Bank reforms approved by the House of Representatives. Folks Allawi is calling for the implementation of the currency reforms including the project to delete the zeros and to get out of a “closed economy” and thus stop the need to convert dinars to USD to pay debts. This is a recent article and so we can see the pressure continues for currency reform.