Iraqi Dinar Guru opinions 3-24-2021
Iraqi Dinar Guru opinions 3-24-2021
3-24-2021 Newshound Guru Jeff This weekend nor the month of April Iraq isn’t going to do anything with the budget. They can’t. Iraq’s not going to do anything with the exchange rate because it’s the Central Bank that calls the shots. They’re the ones that are in charge of the monetary system. They’re autonomous from the government. They’re not going to adjust the rate at this time. The rate is going to remain where it’s going to stay because the central bank is using it as a tool to remove 3 zero notes out of circulation up until the point the rate changes.
3-24-2021 Newshound/Intel Guru Mnt Goat What are the CBI plans? As I promised I would I contact my source in the Central Bank of Iraq (CBI) this past weekend. Today I wanted to come on and tell you want I learned. Remember we needed to validate all the intel rumors that Iraq has already gone to 1:1, IQD: USD. The result of my long conversation with the CBI is that “NO” it had not revalued to this extent, but there is a plan underway to do it by the end of the year (2021)…
3-24-2021 Intel Guru MarkZ [via PDK] The Iraqi budget vote is still slated for Saturday at 1 pm Iraq time…which we are told should give us our new value. On April first most of their government has agreed to a 40-60% decrease in pay of the number of dinar they will get…So it will have to have a higher value to justify this…it doesn’t make sense…it doesn’t jive…they have to many responsibilities that will require that higher value…i don’t believe they can kick that can any further. We will see.
3-24-2021 *** Update *** The dinar is once again in compiance with the IMF’s 2% rule. The Central Bank of Iraq’s official dinar rate and their reported market rate are within 2%. Several gurus feel the dinar must be in compliance inorder to be considered for Article VIII. They feel once the dinar and CBI are Article VIII this will give banks around the world the green light to begin dealing in dinar again. The CBI nor the IMF have announced the dinar is compliant or Article VIII as of yet.
3-23-2021 Intel Guru MarkZ [via PDK] [Iraq is supposed to vote on Saturday on the budget.] Yes they are expecting it on Saturday…1 pm their time. We are hoping at that time to hear about a value change.
3-23-2021 Newshound/Intel Guru Petra [via Frank26] The G.A.P…this is a report the CBI will hand in to the IMF, BIS and the World Bank…it’s a report given to them to explain all that they are doing under a new exchange rate…it [GAP report] is to be turned in by 3-31-21 in order for it to be retroactive back to January the 1st…it is their goal to introduce a 1 to 1 rate…
3-23-2021 Intel Guru MarkZ [via PDK] [I hear Iraq already revalued their currency at 1 to 1…what does this mean?] it means someone has bad information…they have not yet revalued their currency. If you talk to anybody on the street in their country and they will tell you no…not yet…. Everyday I make it a point to contact someone in Iraq…and ask that. Are they prepared and positioned to do so? Yes. Could they be running 2 sets of books for government reasons and for street reasons until the release? Yes…they absolutely could.
3-23-2021 Intel Guru MarkZ [via PDK] We still hear good things out of Iraq…They are still expecting that vote on the 27th. Could it be sooner? Absolutely…it could be a head fake to make us think its Saturday and then drop it early. I have had a few friends who are whales and they were contacted yesterday and are getting into position for exchanges…It would be even more exciting if I could tell you who asked them to move… but I can’t…I am not allowed to share. But it is exciting.
3-23-2021 Intel Guru Frank26 I made it very plain and simple…you’re now going to see articles talking about the exchange rate of the Iraqi dinar. There’s so many of them. Since we told you that 2 weeks ago you’ve got about 60 articles…
3-23-2021 Intel Guru Footforward [According to Al-Eqtisad News, the Central Bank of Iraq announced, today, that it has added a feature to protect the new banknotes from bacteria and viruses, including the Corona virus, so they will need to bring in all of their old money to exchange it for the new bills to help get rid of the corona virus in their country…] …it is a ploy. It’s not bad for us. It just means they’re trying to get more of their triple zero notes off the streets.