Iraqi Dinar Guru opinions 5-7-2023
Iraqi Dinar Guru opinions 5-7-2023
5-7-2023 Newshound/Intel Guru Mnt Goat …The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now… they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 5-6-2023
Iraqi Dinar Guru opinions 5-6-2023
5-6-2023 Intel Guru Frank26 Article: “Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes” Quote: ” the bank has begun implementing the first phase of the electronic collection system and putting it into effect” THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 5-5-2023
Iraqi Dinar Guru opinions 5-5-2023
5-5-2023 Newshound/Intel Guru Mnt Goat …We will soon know one way or the other if all this fuss about the dinar was really about a reinstatement or not. I can only go by what I am told and what I read in the news. For me we should expect to see a major revaluation of at least between 1.00 – 1.50 dinars to the dollar. The articles told us and as the prime minister told the citizens, the dinar is worth much more than the dollar. If you pay attention, it does not take a rocket scientist to see that early June is significant for the currency and the economy of Iraq. Something BIG is about to change Iraq forever. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 5-4-2023
Iraqi Dinar Guru opinions 5-4-2023
5-4-2023 Newshound/Intel Guru Mnt Goat …we are close and Iraq is moving in the right direction. We have never seen such progress before in the direction we are looking for. But let’s not over-speculate. There is still much to be done but they will get there. I am still holding firm that we could see a reinstatement before June. The evidence is now right in front of our noses. Let’s see what happens before now and then… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 5-3-2023
Iraqi Dinar Guru opinions 5-3-2023
5-3-2023 Intel Guru Frank26 The CBI is meeting with everybody that you can think of…IMF, World Bank, US treasury is back again. It’s going on like crazy. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 5-2-2023
Iraqi Dinar Guru opinions 5-2-2023
5-2-2023 Newshound/Intel Guru Mnt Goat Article: “SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER” I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.” Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 5-1-2023
Iraqi Dinar Guru opinions 5-1-2023
5-1-2023 Intel Guru Frank26 They [The Iraqi citizens] know. They’re drilling it [that change is coming to the dinar] into them everyday, hour after hour, commercial after commercial. It cannot fail with the Iraqi citizens. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
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. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-29-2023
Iraqi Dinar Guru opinions 4-29-2023
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. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-28-2023
Iraqi Dinar Guru opinions 4-28-2023
4-28-2023 Intel Guru Frank26 Article: “One week separates the dollar from stability at the parallel price of 132 thousand dinars”. 1320 IS NEXT AND THEN 1100, IN MY OPINION. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-27-2023
Iraqi Dinar Guru opinions 4-27-2023
4-27-2023 Intel Guru Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-26-2023
Iraqi Dinar Guru opinions 4-26-2023
4-26-2023 Newshound Guru Clare Article: “Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels” Quote: “the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country’s financial history, which are not less than balances (in foreign exchange and gold). between 110-115 billion dollars, and at the same time it constitutes a percentage (coverage) of the cash currency issued (and according to the current exchange rate) by about 130 percent, which is a high and safe coverage.” Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-25-2023
Iraqi Dinar Guru opinions 4-25-2023
4-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop…it has to. After EID we expect some changes to the current rate. To more like 1000 to 1… FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-24-2023
Iraqi Dinar Guru opinions 4-24-2023
4-24-2023 Guest Guru Dallasdude They have clearly stated numerous times they intend to come out in the 1320 range…the real question is how long will they stay there…I for one would not be surprised if it’s for the remaining year…hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out…1320 helps the citizens a little but not us…its all about the time frame between the 1320 range and the 1 to 1 float that I seek.. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-23-2023
Iraqi Dinar Guru opinions 4-23-2023
4-3-2023 Intel Guru Frank26 THE 1.5 TO 1 IS…TRUE. Community Question: “Can someone please tell me what the 1.5 to 1 means?” THE 1.5 IS THE NEER (Nominal effective exchange rate – a measure of the value of a currency against a weighted average of several foreign currencies. ). Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-22-2023
Iraqi Dinar Guru opinions 4-22-2023
4-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor was on the television saying they are working extremely hard on bridging the gap between the dollar and the official dinar parallel rate. That’s the internal float they are talking about…As they do this there are several international banks that are asking to operate inside of Iraq… FRANK: …the internal float, that’s what they are teaching you about right now. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-21-2023
Iraqi Dinar Guru opinions 4-21-2023
4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: After EID we expect some changes to the current rate to more like maybe 1000 to 1 maybe less. Then they can drop the 3-zeros. Here comes our fils. Here comes our lower notes. FRANK: Yes you are headed in the right direction. That is a good sequence of events for the monetary reform to reveal itself. Pay attention to your prime minister. He’s trying to tell you that your currency is at 1.1 to the American dollar. It is possible they will start to float at 1 to 1.5 instead of 1 to 1… Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-20-2023
Iraqi Dinar Guru opinions 4-20-2023
4-20-2023 Intel Guru Frank26 Instagram Post “Prime Minister Mr. Mohmaed Shia Al-Sudani: The exchange rate will return to 15 dinars per dollar and our financial situation is at its best.” …The IQD at $1.50? …Is it 15 or is it 1.5? … 1.5 to 1 dinar or 15 dinars to 1 dollar? I don’t know. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-19-2023
Iraqi Dinar Guru opinions 4-19-2023
4-19-2023 Newshound/Intel Guru Mnt Goat The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C…the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform…Then articles…come out this week…quote – “The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister…al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks…Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading…How could the news possibly get any better? Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
Iraqi Dinar Guru opinions 4-18-2023
Iraqi Dinar Guru opinions 4-18-2023
4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor…is saying the CBI is on high alert to change the dinar exchange rate. He is saying this on News Channel One…He’s saying do to the auditing transfers of the hard currency. This has to be done. FRANK: He’s talking about the float. Read more…
Categories: IRAQI DINAR GURU'S Tags: Guru's, Iraqi Dinar
