Iraqi Dinar Guru opinions 4-13-17
Iraqi Dinar Guru opinions 4-13-17
4-13-2017 Intel Guru Frank26 As you know…the phone company…two of them…they reduced the price of their services (Zain and Sims). This is an indicator…and there will be MORE. Here’s two more. AsiaCell is also lowering their charges. 1 minute for 1 dinar. Do you see any 1 dinars? Something is happening. Also…an airline in Iraq is lowering the price of their tickets. Electricity says the same thing…trying to lower prices. When a company slashes prices…doesn’t that tell you something? Charging 1 dinar? HOW? There will be a 1 Dinar when the lower denoms come out and 1 dinar coin (brown in color)…and a Fil…these things are coming.
4-13-2017 Intel Guru Frank26 [Are we still looking good for this month?] ANSWER — yes…I’m not give you a date…but the MR is looking extremely good in this month of April. OH YES…they could do this… [In country rate?] ANSWER – it’s not on the CBI spreadsheet…IMO…the rate will show when it’s international. It’s possible for them to move from 1,000 to 1 to 1 to 1 <<< in country. I don’t think you’ll see 1 to 1. When it leaves the borders of Iraq…IMO…I believe it will be higher than $1. You will see things on Forex…not the CBI website.
4-12-2017 Intel Guru Delta …I monitor the CBI Arabic site. I have more confirmation…when the rate changes…on the Arabic side…they will send a memo to the bank…every bank before the change occurs. According to the IMF…this must happen…banks to make the change either just before they open OR just after they close. We might be able to know 24 hours or 10 hours before they open by monitoring the CBI website. The new rate of the CBI website would probably show up after business hours…so in America it would probably show up at night. The CBI spreadsheet… the rate for February / March shows the exchange rate around 87 cents.
4-12-2017 Intel Guru RayRen98 …we are in a waiting period to see what happens next. Prices have changed in Iraq, such as the airlines adjusting their rates, cell phone companies, and even some employers changing their salaries. I have heard those things, but I haven’t received that information directly. We’re at a stage in this process where the information seems to indicate progress; the wheels are turning and that’s what we want to see. Even our best intel sources cannot call this at an exact time. Our best sources are saying Good Friday will be the best for years… I’m excited.
4-12-2017 Newshound/Intel Guru Mnt Goat …we do know as FACT is that the USA and the IMF has told us they need a fully implemented Iraqi constitution or they can not get “fully” out of sanctions. We just recently read articles too about Abadi meeting with the IMF to settle why they can’t get out of Chapter VII. Do you think this is all coincidental on the timing of these efforts? We should all know that one of THE MOST IMPORTANT parts is the HCL and Article 140 since these are the most contentious. …the PTB knows that the biggest asset of Iraq is the oil. So are they going to forget about managing this life-blood of Iraq before releasing Iraq back into the global economy? NO!
4-12-2017 Newshound/Intel Guru Mnt Goat …we were just told today in the news that Mosul is 90% liberated now and we have watched many of the other provinces return to control of the GOI and their security situations improve. We also have seen an amazing change in the political and legal environment since PM Abadi has taken office in 2014 as he worked with the IMF towards set goals. New banking and financial practices have been put in place and loans to help the struggling economy. So we have seen great changes which make me believe the articles is more of summarizing all the items they have already accomplished than what needs to be done. From everything else I am reading in the news too, I believe these major changes are now triggering a necessity for a very significant change to the Iraqi dinar value. But many will say that all the needed laws are not yet in place and I agree…there are some laws that still need to be put in place.