Iraqi Dinar Guru opinions 11-4-2022
Iraqi Dinar Guru opinions 11-4-2022
11-4-2022 Newshound Guru Sandy Ingram The new prime minister of Iraq said the following on Tuesday, Its government with the help of the Central Bank of Iraq will do is best to increase the price of the Iraq dinar against the U.S. dollar. Article: “Iraqi premier to raise Iraqi dinar value” He did not say what the revalue would be.
11-4-2022 Intel Guru MarkZ [via PDK] [ (Guru) Nader said…that when the dinar selling stops…the RV/Ri will happen.] He is right…but it’s my opinion…and the opinion in the Iraq finance ministry that you will see a complete stoppage …but not until moments before…or at the exact moment the RV goes. We are not going to get that much of a warning. The IMF and The UN says it’s now up to Iraq to pull that trigger.
11-4-2022 Newshound Guru Pimpy [The dinar] was around 1199 for every dollar. They changed it to 1450 dinars for every dollar. Now Maliki is talking about changing it to 1375. That’s about halfway between where it is now and where it was before. Keep in mind Maliki is involved in the currency auctions and he makes millions off it. So an increase in the dinar against a dollar helps him with his little scheme of making money off the currency auctions…
11-3-2022 Newshound Guru Pimpy The 8th fastest growing economy, $9 billion a month in sales, a possible $200 billion in surplus money. It just seems like Iraq is teetering right on the edge of finally getting back on track and being a great nation and ready to do business internationally. I’m looking forward to it and it’s going to benefit the Iraqi people…if they prosper then hopefully…their currency will increase in value…
11-3-2022 Newshound Guru MilitiaMan Article: “Bank of Jordan opens its first branch in Iraq” Jordan opening a bank branch is likely for that they know there is going to be massive trade. Opportunities will abound like ever before in the 60 years they have been doing business. Iraq will be a central hub and Jordan would know that and is acting on that fact now.. A good thing…
11-3-2022 Intel Guru MarkZ [via PDK] The chatter has been great from Iraq. They are going after some of the top corrupt officials in Iraq now. I am still being leaned on not to share date specific things. It definitely appears to be very close.
11-3-2022 Newshound Guru Samson Article: “Announcement of a tender for the supply of currency counting and sorting machines” Quote: “The Central Bank of Iraq announces a tender for the processing of currency counting and sorting machines, according to the technical specifications and conditions contained in the sixth section of the standard document for the processing of goods.”
11-3-2022 Intel Guru Frank26 Article: “Expectations of an unprecedented budget for Iraq in 2023″ THE 2023 BUDGET IS EXTREMELY LARGE AND EXTREMELY HISTORICAL…AND THE PROGRAM RATE IS NOWHERE NEAR IT.
11-3-2022 Guru Nader From The Mid East My opinion is if the CBI does anything with it [the dinar rate] it’s going to be in 2023. Everybody’s gonna have to be patient. You have no choice…that’s the truth of it…sometimes the truth hurts. The truth is brutal sometimes. It’s brutal but you have to accept it…
11-3-2022 Newshound Guru Kaperoni Remember, the Central Bank of Iraq reduced the exchange rate almost 2 years ago from 1170 to 1460 for several reasons including saving money, raising reserves, but most importantly to create an environment to encourage the private sector. That’s not going to change anytime soon.
11-3-2022 Newshound Guru Pimpy If they do change the rate, there’s no doubt that at the very least they’re going to change it back to the 1190 which was the previous rate. That’s like a 22% or 27% increase in value…if it jumped up to a $3.22 rate you’re talking about a 4000% increase in value. That’s just not going to happen. I’m not saying it can’t get to $3.22 but it’s not going to happen instantaneously.
11-3-2022 Newshound Guru MilitiaMan Article: “The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”. The World Bank looks to be giving the green light on the policy of changing the dollar exchange rate. It is the Iraqi Governments prerogative.. The Article 110 of the constitution talks about this. No doubt this is giving the GOI support to get on with reforms..
11-3-2022 Intel Guru MarkZ [via PDK] Question: [Do you think there is anyway the RV won’t occur?] Absolutely not. There is a lot of pressure-especially from 2 of the major banks for us to NOT release anything on timing. Some of the dinar sites are getting constant attacks. Viruses…to take down news aggregating sites…My banking sources think we are very close…You may start seeing gurus, or intel folks disappear for awhile or get oddly quiet because of the pressure….and that’s ok…because we are close…Myself and others have been leaned on to be quiet over the last 12 hours…specifically about timing.
11-3-2022 Newshound Guru Samson Article: “The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”
11-3-2022 Intel Guru Frank26 Article: “Iraqi premier to raise Iraqi dinar value” WTF!?! What The Frank!?! Ring a ding ding… Hello new prime minister can I help you… yeah bro you got my permission let’s go! Quote: “Iraqi government with the help of the Central Bank of Iraq, do its best to increase the price of Iraqi dinar against US dollar”. Finally, a translation that’s true. This is the proper way to say this!
11-3-2022 Intel Guru Bruce [via WiserNow] …we got…information that kind of puts us in the right place at the right time. We know that since the 15th of October, Iraqis have exchanged older high value dinars for low denomination new Iraqi dinar…you know, 5‘s 10s 20s 50s and hundreds…we saw where the Iraqis could exchange in Rashid bank and possibly other banks their high dinar notes 25k…And…10k dinar notes for the equivalent in US dollars, which yesterday was on a one to one exchange rate, or on par with the US dollar in Iraq one to one – $1 For one dinar…Now, our rates on our screens in the redemption centers are going to show us much more favorably than that…we talked about what Dr Shabibi projected way back in 2012…we could have that…or even higher than that…let’s…see what…Thursday brings for us.