Iraqi Dinar Guru opinions 4-30-2023

Iraqi Dinar Guru opinions 4-30-2023

4-30-2023 Newshound Guru Paulette I have watched the Market Rate for almost 15 years. IMF Article 8 compliance requires no Multi Currency Practice. A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8. Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate. The new verbiage of “Parallel Rate” has made this seem as a new issue …Saleh has now stated this twice recently. The real question is how long must they maintain the 2%…90 days. I never saw this printed in Article 8…. Considering all we are being told, I don’t accept the 90 day theory.

4-30-2023 Intel Guru Goldilocks The Iraqi money is backed by foreign exchange, treasury notes and precious metals such as gold. Their recent Banking Reforms have allowed movements towards establishing banking protocols. It puts them into a position of having a set of standards allowing them to move into the International stage. Iraq’s currency is backed by gold. This is their moment…

4-29-2023 Newshound Guru Militia Man At this stage of the game…everybody should be smiling, going, ‘ Iraq ‘s finally coming to the open market.’ What we’re looking for is the Forex – the Iraqi dinar to be exposed to the international world at an internationally acceptable exchange rate. We’re probably going to see that, I would hope, any time. It’s pretty powerful stuff.

4-29-2023 Newshound Guru Deepwoodz All indications from reading up on parallel rates are that this means the illegal or black market rate. Just like in Iraq …They are squeezing out the dollars. This eliminates the multi currency practice that goes against becoming article 8 compliant. I found it interesting that a country only has to notify the IMF that they will comply with article 8 to be article 8. Then simply comply.

4-29-2023 Intel Guru MarkZ [via PDK] I have started getting some notifications late last night and this morning that tier 1 is officially paying. I have a very good T1 contact and Im trying to get a hold of them to find out if this is accurate. If it is- that tells us that a cascade of events has sped up and we are on the cusp.

4-29-2023 Intel Guru Frank26 I have a better idea of when to hold’m and when to fold’m. Because at $1.50 I’m already half way there to the $3 I was seeking. In reality I wouldn’t be surprised if this thing goes into the $4 range.

4-29-2023 Newshound Guru Walkingstick [via Frank26] The articles are not keeping up with what they are telling the citizens. Remember this education is for them. Not for us.

4-29-2023 Newshound Guru Militia Man Iraq’s new banking system is going to be all about them facilitating international trade…They’ve got their systems to the point where there’s internationally compliant…in compliance with the IMF regulatory requirements.

4-29-2023 Intel Guru MarkZ [via PDK] There are a lot of conflicting news stories coming out of Iraq. Part of the diversion to keep us guessing on timing…. Right now they are letting us know their legislative holiday is supposed to start on May 9th….BUT, if they budget is not done…they will extend this session until it is. We of course have contacts on the ground over there that say they have already passed the budget but have not announced it yet. That they are waiting to execute it because they are working on the exchange rate change. We were expecting this back and forth to happen at the end. Just like what they did in Kuwait. The morning of their revaluation they ran an article saying no rate change for 6-9 months then they did it that same day. This is the kind of news we are expecting to get.

4-29-2023 Newshound Guru Deepwoodz Article: “A Sudanese advisor expects the official and parallel dollar prices to match within weeks”. If the official rate is 1310 then according to this article, they are looking to make the rate in the market parallel within 2%, that’s a net of 1336…They are in the process of controlling their rate, and it is obviously a slow but deliberate
process, but they are controlling it. Question is why is this important? It’s definitely not the rate anyone in Iraq or anywhere else is going to be proud of. So is it just the fact that they have the ability to manipulate it? Do they have to prove this to the IMF? I think maybe…

4-29-2023 Intel Guru Frank26 Article: “A Sudanese advisor expects the official and parallel dollar prices to match within weeks” Quote: “We expect that, within a few weeks, there will be a match between the two prices,” Saleh said to the Euphrates News Agency, noting that “this match is if the difference between them is 2%, then it is considered a match.” THE PLUS OR MINUS OF 2-3% IS DRIVING THE MONETARY REFORM.

4-29-2023 Newshound Guru Clare Article: “A Sudanese advisor expects the official and parallel dollar prices to match within weeks” Quote: “We expect that, within a few weeks, there will be a match between the two prices, Saleh said to the Euphrates News Agency, noting that this match is if the difference between them is 2%, then it is considered a match.”

4-29-2023 Intel Guru MarkZ [via PDK] Now that Iraq is international…they can actually process exchanges…this is huge news today…I do know if they had their “druthers”, the time they would love to announce it the most would be early Saturday morning prayers so they can put it in the Gazette. I am not saying that is when it will happen…but we are circling over the target.

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