Iraqi Dinar Guru opinions 4-9-2021
Iraqi Dinar Guru opinions 4-9-2021
4-9-2021 Intel Guru Frank26 Bank Story from community member: He calls his brother and says ‘You know what that guy [Guru] Frank26 told us to go to the bank and ask questions? I did it…They [Chase bank] told me yeah…we see the Iraqi dinar. It’s on our computer screens and when it’s accepted worldwide bring it in…by the way what kind of denominations do you have? [Frank: they wanted to know what the denominations and how much you had and everything?] ‘yeah I didn’t divulge how much of it I had, I was so excited I called my brother…he decided to call BOA [Bank of America] down in Texas…and lo and behold the same thing happened to him. He says do y’all exchange foreign currency?’
4-9-2021 Intel Guru Frank26 [Bank story continued] ‘He [Bank] says yes what foreign currency do you have and he [his brother] says the Iraqi dinar and he [bank] says yes it’s on our list and soon you’ll be able to bring it in but we can’t help you right now…when it is recognized we will be able to bring you in.’ – This is a pattern. A lot of banks are saying this. Not every bank…most banks are still being quiet about it. But the big banks. Don’t be calling a mom and pop place…they aren’t going to tell me that oh it’s about to revalue or we know about it and what’s about to happen. They’re not going to be bold about it. But they’re not being nasty. Isn’t that interesting? I think so.
4-9-2021 Intel/Newshound Guru sandyf When the budget is ratified it will be published by the MOJ and will appear on their …The only official English version of a budget I have ever seen is from the Iraq Law Library and that usually takes some time. The budget will be applied retrospectively to the 1st Jan, start of the financial year. The budget is a summary of income and expenditure and their is no exchange rate involved, the only exchange rate is the conversion of the budget from IQD to USD for interested parties such as the IMF.
4-8-2021 Intel Guru MarkZ [via PDK] [Is there a certain day that’s best for banks to show the RV?] I used to think so …in the beginning banks had “windows” of the best days to rv…but now with the QFS I believe it could be any day. It does not matter anymore imo.
4-8-2021 Newshound Guru Kaperoni The president of the Republic of Iraq has signed off on the 2021 budget. They will begin implementing it tomorrow (Thursday)…
4-8-2021 Newshound Guru MilitiaMan I’m just glad to see that the central bank has been in the process of improving the exchange process. It looks good, really good…
4-8-2021 Intel Guru Frank26 Never in the history of Iraq have we ever seen a budget approved signed sealed and delivered and implemented. Never. The dictatorships of Iraq have always stolen the money. Not only from the government but from the CBI auctions…what does the budget have to do with the monetary reform? A lot. The exchange rate is it. The HCL is in there…
4-8-2021 Intel Guru MarkZ [via PDK] There is tremendous expectations for Saturday…we have seen more and more articles from Iraq talking about that budget …it is signed and done…and it posting in the Gazette on Saturday. So anytime between now and then we suspect is fairgame. I am feeling very good about things.
4-8-2021 Newshound Guru Pimpy Article: “The president of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow” Yay finally it’s been ratified. No rate change was in there unfortunately. We’d love to see one…congrats the budget is done…this is great. This is what we want to see…these are big steps in the right direction…
4-8-2021 Intel/Newshound Guru Holly RV News: Since the weekend there are a lot of black outs on intel still. I am hearing some appointments are being made for later this week. The dam is ready to burst open. Iraq should have their new rate. That is what we are waiting on now. Once that is out the genie can not be put back on the bottle. We are on the cusp of this to go.
4-8-2021 Intel Guru Frank26 Allawi Video quote: “We started with reforms, we started the process of automation, reform processes related to the currency and the exchange rate, and these are all measures aimed at straightening the Iraqi economy.” …amen, glory hallelujah, praise God! …this is it right here.