Iraqi Dinar Guru opinions 3-20-2024

Iraqi Dinar Guru opinions 3-20-2024

3-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It’s going to float once it gets to 1.32. FRANK: I disagree because it’s already at 1.32. It will float IMO a little higher. The RI will take it to $3.22 IMO. But because it’s been 20 years I strongly believe IMO they may cap it around $4.25…The other currencies around the Middle East will not complain if the Iraqi dinar is higher than their rate…

3-20-2024 Intel Guru MarkZ [via PDK] I think the news is getting restricted as we get closer. I think the quiet is a positive sign. A number of sources were given cautionary notices to be quiet or NDA’s. So to me it’s a great sign that things are quiet…Contacts in Iraq and around the world still think we are within days…but they have thought that before….so not going to jump out of my skin just yet. The quiet is probably the thing that is the most encouraging to me right now.

3-20-2024 Newshound Guru Pimpy They are going to amend the budget with or without a rate change….Does it make sense for you to release the budget before they increase the exchange rate because then you have to turn around and redo the budget and make all the changes to the budget using the new exchange rate. So no, it doesn’t make sense to release the budget before you change the exchange rate. You would change the exchange rate then go through and amend all of your budget because the money you’ve allocated obviously has changed…The suspension of the funds has to do with corruption. The reforms can be activated without changing the rate. They’re going to reallocate revenue from oil to help fund all these reforms…

3-19-2024 Newshound Guru Jeff Iraq technically does not need to amend the budget if they’re not changing their rate. The budget already covers their operating expenses. But they would need surplus funds to cover the reforms. The reforms are contingent upon the rate changing. They can’t bring these reform package forward if the rate does not change. The only reason they’re amending the budget is because the rate is changing…The step of amending the budget can happen either before or after the rate changes … They will probably announce Thursday or Friday as to when they plan to amend the budget, which they’ll probably do around this weekend…

3-19-2024 Newshound Guru Militia Man If Al-Sudani says, the dinar hold on to it, it’s going too be stronger than the dollar…$0.76 is not stronger than the dollar. Add the real effective exchange rate and you can easily get over a dollar…

3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend says…Al-Sudani is making an announcement during Ramadan remember? He’ll go to Washington DC but after he comes back I believe that this rate [1.32 dinar to $1.00} with the deletion of the zeros will coincide with the WTO. We are basically in a countdown. FRANK: …The final countdown. Let’s roll! I think when they finish with Washington DC and they come back, we may see what we’re looking for.

3-19-2024 Intel Guru Frank26 Continued : I am crazy excited your prime minister Al-Sudani and the governor of the CBI Alaq and the board of directors are constantly telling you they’re going to give you 1.32 dinars to $1 and a new exchange rate to match it with lower notes…It looks like the next two weeks will be very loud on the monetary reform education. Be ready to move quick.

3-19-2024 Intel Guru yada Be of good cheer folks, this is unfolding before our eyes…what we are are expecting is taking place…The articles last week regarding the 1.32 in Iraq was telling the people what to expect. The salaries, contracts, infrastructure are at a point the REER [Real Effective Exchange Rate] will activate it all…Today-tonight is very good for us.

3-19-2024 Newshound Guru Pimpy Deleting of the zeros means a re-denomination. Article quote: “The Iraqi government is currently weighing the question of changing the currency…” CHANGING THE CURRENCY. It didn’t say exchange rate. What is says is currency… Definition “Re-denomination is a government policy in simplifying currency values without changing the exchange rate.” …If we can get them to change the exchange rate without removing the zeros then we’re sitting pretty…

3-19-2024 Newshound Guru Clare Article: “Iron and Steel Company: Iraq is on the verge of a major industrial revolution”

3-19-2024 Newshound/Intel Guru Walkingstick Sudani is starting the monetary reform education by using the official rate, which is 1320. He’s using 1320 in explaining the possible rate…1.32 to 1 American dollar. IMO the reinstatement could take that International rate further…

3-19-2024 Newshound Guru Jeff One of the major things Iraq has to do before they can revalue the currency is they have to pause all of their money. They have to suspend it. Freeze it. As of Friday both the central bank and the government of Iraq paused and froze all their monies. What does that mean to us? …By them suspending all of their monies between the central bank and the government that makes this [past] weekend…the first eligible weekend for Iraq to be able to revalue the currency…

3-19-2024 Newshound Guru Militia Man Al-Sudani…talked about having the dinar be 1.32 dinars to the dollar…turns out to be around $0.76. That’s a big bit of purchasing power for the citizens. Is it what they’re going to end up with in the future based off all the natural resources that they…all the non-oil maximized income…tourism, all the extra stuff you never had when Saddam Hussein was in office? Saddam Hussein’s $3.22 to 1 dinar was based off about $35 a barrel of oil. Oil is pushing $85 today…They have surplus money coming from all these different places…

3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The funding for all of 2024, last Wednesday was suspended…and it was changed…They must be using the new exchange rate. They said they changed it and then sent it to the Council of Ministers for the review. Then it is to be sent to the House for a vote…It should be going for a vote any time. We think it’s going to move to 1.32 making it $0.76 which is not more than the dollar like Sudani promised, until they add the new exchange rate to it. That’s what we’re expecting.

3-19-2024 Intel Guru MarkZ …I’ve been told absolutely clear that it does not matter circulated or uncirculated to participate and that makes sense…

3-19-2024 Intel Guru Wolverine [via Judy Byington] Most recent banker update…Mon. 18 March…Word from those higher ups was that we were in a 24 to 36 hour… window for announcement with Thurs. 21 March…being an important day for the banks…we know the time of our blessing is approaching quickly…All is looking good according to ALL sources…

3-19-2024 Intel Guru MarkZ [via PDK] I have a number of banking contacts that have launched into overdrive for this week …Lots of people expected announcements overnight last night…the electronic platforms being wildly successful is key to them implementing their change in value. And the Real Effective Exchange Rate (REER) is expected this week according to Iraqi contacts. Most of my Iraqi contacts expect it by April 1st. Praying they are right.

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