Iraqi Dinar Guru opinions 5-16-2023

Iraqi Dinar Guru opinions 5-16-2023

5-16-2023 Newshound Guru Clare Article: “Iraqis banned from trading in US dollar” Quote: “The Iraqi Ministry of Interior issued a ban…prohibiting traders and civilians from conducting business in the United States (US) dollar,”

5-16-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They say now we are banned from using dollar here and we will be held accountable if used dollar in any way.

5-16-2023 Guru Nader From The Mid East Something is happening this morning. The float has been started guys. It’s floated and we see what’s going on. For now everything is calm. Nothing is coming out. The budget will come out this week. Tomorrow I hope…they’re gonna announce it. So get ready for everything…I want to say congratulations but not yet. Don’t get all excited. Keep grounded and just wait…

5-16-2023 Newshound/Intel Guru Mnt Goat Article: “IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY” Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going along with the goals of the Coordination Framework. Instead he realizes Iraq must progress forward and it is time. But these Framework politicians in Parliament are holding back and trying to delay once again…But we will see very soon what happens as June 1st is very near.

5-15-2023 Newshound Guru Clare Article: “For the first time in 15 years, the dinar devours 30% of the (dollarized) car market in Iraq” Quote: “the return to the dinar will weaken the demand for buying dollars from the parallel market by up to 20%, which means reducing the demand for buying them and blocking the way for repeated speculation to raise prices and reap profits by some.”

5-15-2023 Intel Guru MarkZ [via PDK] There is still good news coming from Iraq. Articles on banning the US dollar to finish the de-dollarization. This is important. When they pull the trigger they don’t want Iraqi citizens holding US dollars instead of dinar. We knew this was going to be a sign that we are close when they started de-dollarizing… We continue to get exceptionally positive news from contractors…

5-15-2023 Intel Guru Frank26 All I want to know is what’s inside of that piñata [budget]. It’s loaded. What’s inside of this cornucopia? …I don’t know but I hope it’s a new exchange rate. I hope it’s a launching point to a new exchange rate.

5-15-2023 Newshound Guru Sandy Ingram Article: “Customs achieves the highest revenue rate during the first quarter of 2023″ Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023. Revenues amounting to more than 214 billion dinars from custom duty collections. This equals around $163 million US dollar.

5-15-2023 Intel Guru MarkZ [via PDK] There is …a lot of talk in Iraq about “Iraqi Parliament votes on largest financial budget in country’s history” …its scheduled this week along with the HCL. My sources say HCL has already started. We are hopeful for a very exciting news week…including rates.

5-15-2023 Newshound Guru Pimpy Article: “Kurdistan in Baghdad’s footsteps: Demands to use the dinar exclusively in the real estate and car market” This is a big move. If you want to boost the confidence and value of your currency you really have to get out of the habit of using dual currencies. We know over in Iraq they use Iraqi dinar as well as the U.S. dollar. People trust the U.S. dollar more than Iraqi dinar. If you take that option away from them and force them to start using the dinar it will strengthen the dinar especially in the exchange rate against the U.S. dollar. How does that work?

5-15-2023 Newshound Guru Pimpy If you’re in the country and people prefer the US dollar they’re willing to give up more Iraqi dinar to have the U.S. dollar. That’s why there’s a black market out there. That weakens the dinar. If you restrict the use of U.S. dollars then that means the demand for US dollars will decline and the demand for dinars will increase. This will give the value more to the Iraq dinar…I would love to see Iraq take the same approach that Russia has which is demanded everybody use Iraqi dinar to make purchases. This will seriously strengthen Iraqi dinar…

5-15-2023 Newshound Guru Clare Article: “Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities” Quote: “One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting and encouraging the private sector and investment.”

5-15-2023 Newshound Guru Militia Man Why are they hiding the vote? Why are they hiding the 2023, 24, 25 budget if they’re going to come out at 1310? …It doesn’t make make any sense…the 17th was suggested that they’re going to have the vote…we all believe there’s something that should happen from the CBI prior to that happening.

5-15-2023 Intel Guru MarkZ [via PDK] This week starts with a crazy amount of expectations. I am hearing that Iraq will be going at some point over the next week…praying we do not have much longer to wait.

5-15-2023 Intel Guru Frank26 We need to see another movement on the exchange rate – maybe 1100 or 1000. That’s rather important. Will they do it just before they announce the budget? Will they do it after they announce the budget? …lets see what happens by the end of this week…it has great potential for our investment no doubt. But what level is it taking us to?

5-15-2023 Intel Guru yada Im of the mind that we are going to see this rate release just before they pass the budget…The rate is the driver of the budget, not the other way around

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