Iraqi Dinar Guru opinions 6-17-17
Iraqi Dinar Guru opinions 6-17-17
6-17-2017 Intel Guru Delta …there are about 5 benchmarks they must comply with (with the IMF) to go International. This should make you more and more happy! The World Bank, IMF, US Treasury…they are very strict! Iraq is just waiting to go international.
6-17-2017 Intel Guru Frank26 What is the new purpose of auctions…(piggyback). IMO – it’s because they are about to go international.
6-17-2017 Newshound Guru mike …in 2015 Iraq had roughly $59 billion in reserves, but two and half years later it’s roughly $40 billion, Iraq has been cannibalizing the reserves to prop up the deficit in the budget. There are numerous articles…that speak to the reduced reserves. I would strongly disagree that the dinar is, or will be in 20 years, the strongest currency in the world. Things like security, political stability, growing economy and interest rates are just some of the factors, Iraq has none of that. Their currency is artificially supported by a peg and even with that, the market rate exceeds the required 2% band the IMF requires for Iraq to take the next step to Article VIII. There isn’t an economist or currency evaluator on the planet that states Iraq is or will be the strongest currency in the world, it’s going to be years before they’re even considered. But, that’s not bad news, that’s great news for us, it’s why I got into the dinar in the first place. It’s at the bottom. There’s nowhere to go but up.
6-17-2017 Intel Guru Bluwolf The go for this has been given!! The number is now to fluidly be released. The new bills are to be devailed. (revealed?) The 7 trillion dinars are to be exchanged at the highest rate permitted by Potus. The go for this has been given. The Zim, dinar and dong are holding high values in both screens (front and back).
6-16-2017 Intel Guru RayRen98 Based on all the information I have received from multiple sources, private and public, I will share with what I believe. Starting with the US, I am led to believe that the authorization is in place for this RV to start as of Wednesday. Iraqi television has said that Iranians in Iraq are blocking the reforms. The banks there have been closed from yesterday to tomorrow, and international cards are functioning, some at rates as high as $3.71. AT the mosques, Iraqis are being told their back and future payments will commence on Sunday, based on the new rates. I do believe all that, based on what I am hearing. Information in Mosul? That’s all just window-dressing. We’re just waiting, hour by hour.
6-16-2017 Newshound Guru Stryker Why would they stop posting the market rates in the C.B.I. Foreign Exchange Auction chart and then over 90 days later make a new sell and buy chart called the Dollars Exchange Rate / in Baghdad Markets ( ID / USD$), after they stopped showing the remittance amounts and they stopped posting the details of the auctions themselves, even though the auctions are still going on? …clue is in the title itself: The title to the new chart itself (Dollars Exchange Rate / in Baghdad Markets ( ID / USD$)) meaning that this new chart is just for the Baghdad Markets and will be used to compare it to other markets, hence the words: in Baghdad Markets. A big change is coming and we have stayed around long enough to take advantage of it!
6-16-2017 Newshound Guru Enorrste “The central bank prepares banks and transfer 25 million per month” …the article makes it clear that “overarching corruption” is not an issue, at least with this part of their plan. This is a simple money supply reduction plan, in my view. It only takes the participation of foreign travelers and could have a significant affect overall. Furthermore, the number of foreign travelers can’t be huge in relationship to the entire population, but it could be large in terms of the wealth of people in Iraq. In essence it is an appeal to the top, say, 20% of the people. I can’t see how this won’t have a positive affect on the dinar value and begin to draw the market rate in line with the official rate.
6-16-2017 Newshound/Intel Guru Mnt Goat WOW! Mid June and still fighting ISIS. Who would have thought it would have taken three years already to dislodge ISIS? Article: “Iraq PM Abadi hails anti-ISIS quick victory” Quote: “Iraqi PM Haider Abadi said Sunday that none of the world leaders had dreamed such a quick victory against ISIS terror group, asserting that the banner of victory will soon be lifted.” not yet but soon!