Iraqi Dinar Guru opinions 4-28-18
Iraqi Dinar Guru opinions 4-28-18
4-28-2018 Newshound Guru Don961 Article: “Alaq reveals the total money in the banks” Quote: “the dollar exchange rate is considered at the current stage is the best because it has become an ideal price and gives confidence to investors in maintaining the return of their activities.” This appearing once again today … Student News Agency … keeping it out there… …in other words they hit their goal of 1200 … 2% compliance … as requested/ required by the IMF guidelines … Uniting the secondary market rate with the official rate brings confidence to investors , citizens , International markets …. and a rightful/based on reality status in a basket of currencies … that can be used for International transactions of all kinds … present rates of exchange can always be adjusted upwards in relation to other currencies can’t they … imo.
4-28-2018 Intel Guru RayRen98 It is being reported that thousands are attending the banking seminars today where free services are being offered to the citizens. Free Mastercards are being distributed loaded with dinar. The benefits of the new banking system are being explained to the citizens. The banks are discussing the advantages of being linked worldwide and on an international scale.
4-27-2018 Newshound Guru MilitiaMan Article: “Alaq reveals the total money in the banks” Quote: “the dollar exchange rate is considered at the current stage is the best because it has become an ideal price and gives confidence to investors in maintaining the return of their activities.” Nothing like driving it home Alak! Secondary Market Rate and the Official Rate is telling them the 1:1, effectively can be at any moment now.. imo.
4-27-2018 Newshound/Intel Guru Mnt Goat There are times when the RV could have happened and was targeted and these are legitimate times. …I have told everyone not to expect any RV until at least after the elections are over. …The CBI has told me they are going to keep the citizens informed throughout the entire process…of any progress in the project to delete the zeros and intend to bring about the reinstatement of the currency very soon. …So this is exactly what the CBI is doing – they are keeping us informed. …So over the last month they told us that the “project to delete the zeros” is ready and completed. What did this mean?
4-27-2018 Newshound/Intel Guru Mnt Goat It means the CBI has worked for many years to put in place the pieces such as the banking laws, international standards and to recall 2/3 of the currency out of circulation. Next, they implemented tools such as POS, ATMs and electronic banking to make it easier to manage the monetary flow and economy in Iraq during the process and afterwards. These are all modern tools other developed countries use and so Iraq is modernizing their monetary policy. So they now say they are ready to go.
4-27-2018 Newshound/Intel Guru Mnt Goat The final piece of the project is to turn on the ATMS and to launch the newer notes and go through the replacement process. This includes collecting as much of these 3 zero notes including 5,000, 10,000, 25,000 and 50,000 notes. The CBI told us they must decrease the money supply in circulation by 2/3…So later this week the CBI chairman spoke at the conclusion of the latest investment convention in Baghdad. He practically told us the dinar will be equal to the dollar in the coming period. Unless I am mistaken in my interpretation this is WOW news!
4-27-2018 Intel Guru Frank26 …THE INFO FROM THE CBI AND ALAK IS MASSIVE. IT IS IN OUR BEST INTEREST TO CONTINUE TO BE CAUTIONS IN OUR SHARING. MAY I SAY THIS MUCH…IMO…ALL THAT WE HAVE BEEN SEEKING IS… BECOMING A REALITY…
4-27-2018 Newshound Guru Kaperoni I am impressed…by the amount of banking articles documenting activities from the agreement with Visa to the inclusive presentations to invite citizens to participate in the banking sector. It seems like the momentum is picking up to integrate the banking system with the global financial system. Let’s hope that momentum doesn’t stop and when Iraq meets compliance they’re ready to move forward. And of course today was another successful day at the auction 1195 to one US dollar well within compliance. It seems like Iraq has the government, the CBI and many economists all pushing this transformation forward.
4-27-2018 Intel Guru Bruce This is a real interesting time for us because you guys know that realistically everything wrapped up…last Tuesday night with the IMF meeting in Washington DC. That was significant which was supposed to be 3 days turned into 5 full days. They did reach an agreement…a consensus. We were in the opinion things were really going to start happening for us shortly thereafter. …I believe things were put into motion… …I told you about the Qi cards that were issued to Iraqi citizens to receive their portion of the oil revenue or profits on. That is a new card, brand new just issued and they could be activated as early as this afternoon [Thursday] and were in many cases activated. They were also told those cards would be available with funds starting Saturday.
4-27-2018 Intel Guru Bruce The other thing is which is really important, yesterday 750 representatives of Abbott Downing which is the highest end form of wealth management services Wells Fargo has…were relocated or shipped to various parts of the country to help with not only with Wells Fargo banks, but also banks that need additional help management staff at the highest levels. That is a pretty big shift. What does that tell you of our proximity? …I feel good about the proximity where we are, the movement that is taking place, the additional Qi cards for Iraq, and it is just seemingly coming together since the IMF meeting wrapped up last Tuesday night… …It wouldn’t be surprising to me if this were to go down for us before the end of the month which is Monday, April 30th. In addition to that we heard and there is a lot of consensus for the weekend…I hear we are on track for this to be a very big weekend…