Iraqi Dinar Guru opinions 1-12-2022
Iraqi Dinar Guru opinions 1-12-2022
1-12-2022 Intel Guru Frank26 Article: “The Ministry of Foreign Affairs announces Iraq’s exit from the European Union’s list of high-risk countries” From black list removal to high credit ratings for Iraq. This is how you get a new exchange rate. This is how you take a program rate and you throw it back to the United Nations or whoever gave it to you. Way to go! Article: “Al-Kazemi’s comment on the European Union’s decision to remove the name of Iraq from the list of high-risk countries” What does this mean? It means the whole world is going to flow back into Iraq because there is no fear any longer. They’re stable. They’re secure. They have a currency. They have a brand new central bank even Dubai is jealous…
1-12-2022 Intel Guru MarkZ [via PDK] [ (Guru) Fleming also said don’t wait 30 days to redeem your Dinar, they are going obsolete when the price of oil is between 100 – 120.] I am hearing you want to get in and get exchanged…. I am still hearing we will have 30 days but, I would not dally. Best to be on the safe side.
1-12-2022 Newshound Guru MilitiaMan Article: “Barzani: Joint work between Baghdad and Erbil contributed to Iraq’s exit from high-risk countries” I like the sounds of this article, as it is in past tense. A good sign that there is consensus between Baghdad and Erbil. The linkage of the Kurdistan Regional Government to the global system is very telling. They are achieving success today and are saying that they will look back to today, as a turning point for a prosperous global future for the people of Kurdistan. This is a good sign of change to come…All good news.. imo.
1-11-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saying budget is tied to the white papers and reforms must be addressed. FRANK: The budget can only work with the new exchange rate… FIREFLY: They’re saying the next session [of parliament] will be to vote on the presidents that we need and then the budget is being presented also with a vote. FRANK: Hold onto something it’s about to get REEL. What I mean by that …the Real Effective Exchange Rate.
1-11-2022 Intel Guru Fleming …Today, Tuesday, January 11, 2022, the Jumbotrons in the Town Square’s throughout Iraq, told the People that their currency value will be different tomorrow. Beginning Wednesday, January 12, 2022, the Dinar will have a New International Value. The Nation of Iraq is celebrating tonight…
1-11-2022 Intel Guru MarkZ [via PDK] Today has been very quiet on the RV front . I have spoken to folks all over the globe and they all say we are waiting for an event and for someone to pull the trigger.
1-11-2022 Newshound Guru Kaperoni Tweet by Kurdistan PM Masrour Barzani – ‘I strongly welcome the EU’s decision to remove Iraq from its list of countries at high risk of money laundering. Now with increased cooperation and investment from the EU, banking sector reform and support will become easier to deliver for our people.’
1-11-2022 Newshound/Intel Guru Mnt Goat …we read in articles that it is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar. Iraq citizens say that they demand the return of the exchange rate of the dinar to its “normal” state. What is its normal rate?…I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3. We all need to remember that the true value of the dinar is NOT reflected in its current exchange rate even at 1120.
1-11-2022 Newshound/Intel Guru Mnt Goat …We are waiting for the CBI, IMF, World Bank and BIS to finally release the real rate of the dinar [that] will fairly and truly measure up the REAL VALUE already present in the economy, the oil and other resources of Iraq. Iraq will never accomplish its goals as stated in the White Paper without the reinstatement of the dinar and globally trading it. The White Paper itself even tells us this is their objective to accomplish…
1-11-2022 Intel Guru MarkZ [via PDK] I am still hearing from Treasury contacts and banking contacts out west that the 15th is the “drop dead date” …and they want it at least to be beginning by then….starting to flow by then… They want some tier 4 money starting to be in peoples hands by then. Still great chatter in Iraq with more education of the citizens on lower denoms happening. They are still seating their government. Very positive chatter there.
1-11-2022 Newshound Guru Sandy Ingram The white papers gives us the exact time frame…The white papers address the necessities needed for a financially healthy Iraq. The white papers have a 3 to 5 year span from the date it was published 2020. Thus 2022 may not be the year to expect much movement in the currency rate except to return to the previous rate of December 2021…
1-11-2022 Newshound Guru Vital Brad Question: “Is the Kuwaiti dinar and the Iraqi dinar the same thing?” No. Two different countries. Kuwait is a small little country on the southern part of Iraq. Iraq’s a much bigger country. Both their currencies are called dinar…one Kuwaiti dinar is like $3.47 or something. It’s very valuable and the reason is because of their oil reserves…Iraq has so much more land mass with oil. How much should theirs be worth? It was devalued at…$3.22…
1-11-2022 Intel Guru Frank26 Article: “It is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar.” Wow! Can we have a standing ovation? …this is the CBI saying this…this is the mother of all articles. Quote: ‘…let us make readjusting the exchange rate the first task of the next government and parliament to relieve the burden of the citizen.’ The CBI wants to show the Iraqi citizens the NSCNs/new exchange rate as soon as possible and if you GOI are not ready by the 15th then we the CBI will show the citizens to reduce any confusion…
1-11-2022 Intel Guru MarkZ [via PDK] [What if the market crashes and there is no RV?] if the market crashes it will force the RV. Ideally they would reset it without crashing the market. But, its easier for them to let the market crash and justify the new system and adjusting of values…
1-11-2022 Newshound Guru MilitiaMan Article: “The outlets announce an agreement with the customs to activate the customs and tax receipt program” This to me suggests there is a game plan to going international. They tell us the most important thing agreed upon is to activate the tax receipt program at the Border Ports Authority. …The CBI has told us they have a new electronic system that is one of it’s kind and has interlinked with government entities already. We also know that AYSCUDA has a contract for this very subject and that the WTO is working to support Iraq in her ascension along the way…They are gearing to activate systems. That activation is imo going to require an international REER (Real Effective Exchange Rate) in place…
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