Iraqi Dinar Guru opinions 10-19-2020
Iraqi Dinar Guru opinions 10-19-2020
10-19-2020 Newshound Guru Pimpy Article: “A director in the central bank sets his forecast for the dollar exchange rate within days and reveals a forthcoming measure” …the last week or so there’s no doubt there’s been a lot of chatter. A lot of talks about the exchange rate. It’s exciting. Sometimes it’s good news. Sometimes it doesn’t look like good news…what we want to see is action. Until they make some type of official announcement on the rate change just take everything with a grain of salt… This [article] gives the appearance that they’re getting ready to make the rate change…I don’t want us to get overly excited until the bank has made an official announcement. Right now they’re just saying this is just talk…
10-19-2020 Intel Guru RayRen98 WAITAMINUTE – DIDN’T KUWAIT DENY REVALUING THEIR CURRENCY…AND THEN REVALUED IT? [They sure did Ray…had some friends who missed out because they said they weren’t and did. They had already turned in their currency when it revalued by less than 1 week.]
10-19-2020 Newshound Guru Kaperoni Iraq central is in a catch 22 of sorts due to corruption and lack of revenue from the financial. Because they use the currency auctions as a means to maintain exchange rate stability as well as provide dollars for Imports, they cannot keep supplying the dollars…without depleting reserves. With no auction the spread/exchange rate collapes. This really messes with monetary policy and requirements of the IMF. Iraq needs to take action within parliament to stop corruption and at the same time make progress towards reforms.
10-18-2020 Intel Guru Frank26 …deep in my heart I’ve always felt that the day we see the HCL within breaths away you will see the new exchange rate…
10-18-2020 Newshound Guru Pimpy …I cannot tell you why there is so much movement between governments that involve the purchasing of Iraqi dinar. We don’t know why but what I can tell you is when I tell you that governments are buying Iraqi dinar they are buy BUYING Iraqi dinar! …There’s a lot of countries that are buying it for some reason. There’s rumors that it’s going to be the “poor man’s” reserve dollar… there’s no real “where are we?” It’s kind of really up in the air. But IMO it can’t stay this low in value. It’s impossible. It just can’t function this way.
10-18-2020 Intel Guru RayRen98 SATURDAY – BANKERS AND TREASURY HAD ANOTHER “POW WOW” THIS MORNING … ♪♫•*¨IT’S GETTIN’ HOT IN HERE…!!!¨•*♫♪ AFTER WAITING FOR US ALL DAY, BANKERS WENT HOME TODAY DISAPPOINTED…THAT THEY HAVE TO RETURN EARLY IN THE MORNING…GEE, I WONDER WHY? BANK EXCHANGE “CALL CENTER” EMPLOYEES ARE BOTHERED THEY HAD TO WORK TODAY…AND TOMORROW 2. WE’RE GETTING REPORTS THAT BANKING EMPLOYEES ARE BOTHERED ABOUT BEING SHORT-HANDED AND DEALING WITH THOSE WHO ARE NOT COMPLETELY TRAINED. IT IS BELIEVED THAT SOME BANKS (IF NOT ALL) WILL HAVE A “RANGE” OF RATES FOR THE CUSTOMER BASED ON FUTURE COMMITMENTS WITH BANK PRODUCTS AND SERVICING.
10-18-2020 Intel Guru Frank26 …for the international world of investors for them to see this oil and gas company and the white papers introduced to parliament all in one day it will launch the economic reform in Iraq along with the monetary reform because they will be doing something with that soon and it will also allow them to have the HCL enacted so they can get their percentage rights from the oil and minerals in the ground. I’m excited can’t you tell?
10-18-2020 Newshound Guru Pimpy …I want to show you guys something because it’s very important because even in Iraq they’re talking about it now…there is a ton of concern about who wins our election… Article: “In Iraq…3 files await the outcome of the U.S. Elections” …Biden is going to continue Obama’s policies…when is the last time we saw a terrorist attack in the United States or even anywhere around the world? How many times has that happened under Trump? Let that sink in for a second…I just wanted to share this news because there is concern. There’s a lot of people that really do want Trump to win. They do not want all the terrorist attacks to start up again all around the world…
10-18-2020 Newshound/Intel Guru Mnt Goat Ok so the status of the reinstatement has not changed. We are still waiting for articles to come out to verify earlier news that they are now re-educating the citizens in the newer denominations and coins. It is hard to trust sources even in Iraq as they are lying to us now. So we must verify and double check. Let’s all be patient and see how this plays out. It is mid-October and so we have to see something soon.