Iraqi Dinar Guru opinions 10-9-17
Iraqi Dinar Guru opinions 10-9-17
10-9-2017 Newshound Guru chattels The value is 1258 per the news. I was simply giving a perspective as to the ” lowest ” in recent months. [SO DOES THAT MEAN THE VALUE OF THE DINAR HAS CHANGED, I WAS ALWAYS TOLD,(IF) THE VALUE CHANGED, YOU WOULD SEE IT ON THE (CBI) SITE. SO FAR IT HAS NOT CHANGED ON THE (CBI) SITE.] The market rate changes, not the official or program rate. There is a spread or variance between the official / supported rate. Street value if you like. It is what the dollar exchanges for real value / dinar in the marketplace of Iraq. [ I GUESS FOR TRADING PURPOSES.] Yes, generally speaking. The CBI quit posting the market rate some months ago. The market rate is now reported by the Stock exchange(s). Even that varies in areas of Iraq. It is the rate that Kap [Guru Kaperoni] says must be within 2% of the official rate. Or approximately 1203…
10-9-2017 Newshound Guru Breitling You have the kurds, what they are going through…but it’s not going to render what Iraq does with its currency…Let’s say they do separate and they do take some of that oil profits away from the rest of Iraq. What would Iraq do? You guys know the answer. They would add value to their currency. They’d have to make up for that. How would that make up for the oil loss…? Because they can take that money and invest it in the interior of other countries…The overall key is their economy is being attacked…what to they [countries] do? They invest in foreign entities, foreign bonds, foreign currencies…and what do they [countries] need to do to do that? They need to raise the value of their currencies a little bit…So what can Iraq do?
10-9-2017 Intel/Newshound Guru payray Article quote: “The Iraqi Stock Exchange declined during last week by 78.89 % because it did not hold one session after the announcement of a public holiday from the government.” [Could it…be they have made room for us to buy e-dinar and that’s why everyone stopped trading in preparation for an RV?] Very good possibility… With all of this “on the edge” news, I truly believe our ship is about to dock… And it is about time…
10-8-2017 Newshound Guru mike Article: “Parliamentary Finance discussed with the Central Bank to suspend financial transactions with the decisions of Kurdistan” The CBI is between a rock and a hard place right now. The IMF/WB have insisted on the removal of exchange restrictions and cutting off the Kurd’s goes against the stipulations for future loans. This is a definitive moment to demonstrate independence of the CBI. If they resume exchange restrictions it will only reinforce the perception of corruption and GOI interference. IMO.
10-8-2017 Newshound Guru Aggiedad77 Article: “Involve the private sector to prepare development plans…And the transition to an open market economy” STRONGLY IMO…they are laying out a plan of action here not just for now, but the next 10 years…doing it in TWO stages and going to get the private sector to be a big part of the plan… Why…because this is exactly how a country who is an international leader would do things…they know it is a TEAM effort and everyone needs to be involved… An open market economy…screams of internationalism…a free economy…does the same thing…the game plan lays here in front of you… Abadi needs to light the fireworks with his speech IMO…and we will see a display of colors like no other as things progress at a rate that will blur the mind…all IMO.
10-8-2017 Newshound Guru Stryker Only Two Main Benchmarks Remain…Will they get there and will it help hold Iraq together?
10-8-2017 Newshound Guru chattels Article: “A slight rise in the dollar against the dinar on the Iraqi stock exchanges 07/10/2017″ Quote: “The Iraqi National News Agency (NINA) / The dollar exchange rate today rose slightly against the dinar exchange rate in foreign currency markets in Iraq.” 1248 is the lowest exchange rate of the dollar against the dinar in some time now.
10-8-2017 Intel/Newshound Guru payray Article: “US Policy Toward Iraq” Quote: “… as a result of corrupt currency exchange policies, Iraq is suffering from a crisis of liquidity.” This article seems to contradict what we have been hearing from entities outside of Iraq that are pleased with the progress being made within this country as it concerns their economic policy… The CBI was taken over in order to ensure that success was achieved several years ago… Are they planning to replace Alak with another governor?… I have always been of the opinion that Iraq does not control its destiny as it concerns when the icing is placed on the cake… There is significance to the timing of this it seems.. Otherwise, it would have been accomplished already… They know what needs to be done, and have even indicated not too long ago it is a go… They will continue to hint at what needs to be done, until it is complete, and a new rate appears… The fact that they talk about monetary reform, or allude to it is a positive… It is only a matter of when, not if… The very reason why we have nations eager to invest, loan, and open up their borders to Iraq is they know what is coming…