Iraqi Dinar Guru opinions 10-15-2021
Iraqi Dinar Guru opinions 10-15-2021
10-15-2021 Intel Guru Frank26 [Iraq Boots-on-the-ground Firefly TV update]: FIREFLY: Tv today showed CBI rep saying they now are in the second phase of strategy for economic and financial reforms in accordance with the white papers for years 2021 to 2023. They went on to talk about all the parts the CBI banks are and will do for the white papers…Sadr back on tv saying the peoples oil is for the people and we will improve the dinar to be in the ranks of the international currencies gradually…Saying Iraq’s people should be rich it’s in their constitution that the oil money belongs partly with the citizens it’s their right to have shares of the oil revenues…saying from finance minister Iraq needs to adjust dollar exchange rate as the price of oil exceeds 80 a barrel….
10-15-2021 Guru Member IFollowOne [Community Sentiment] Welcome back Frank, you have been missed….
10-15-2021 Newshound Guru Pimpy {Election} It’s looking good. There are some discrepancies but hopefully nothing major. Let’s hope that all the right people we want to see get in office get in there because we want to see them raise the exchange rate of the dinar against the international communities…
10-14-2021 Intel Guru MarkZ [via PDK] …in Iraq I have not heard from my contractor but did hear from another person. Banks in Iraq are closed half days on Friday, closed on Saturdays and reopen on Sundays. So he thought we may have to wait until Sunday to see if they had a rate change and changed values in their paychecks over there…
10-14-2021 Newshound/Intel Guru Mnt Goat Article: “MR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH. WE WILL FIGHT THE CORRUPT BY LAWMR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH.. WE WILL FIGHT THE CORRUPT BY LAW” Okay, so now we have the support of Sadr and Al-Kezemi in the White Paper reforms. How can the news get any better?
10-14-2021 Newshound Guru MilitiaMan Article: “The Cabinet Secretariat approves the mechanisms for lending large projects” If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good job leaking that out. They did that on the back of the Sadr horse with one heck of a start out the gate in respect to changing the value of the exchange rate! If that is the case I can understand a gradual increase from there with a managed or directed float. Regardless this is looking very good and timed with urgency. There are to be procedures in place on the 17th per the CBI for foreign currency exchange… Being 1:1 at that time may very well be necessary so that the Dinar can begin the journey to being in the ranks with global currencies!!…
10-14-2021 Newshound Guru Claire Article: “The International Monetary expects significant growth in the Iraqi economy and a decline in inflation in 2022″ Quote: “the gross domestic product is expected to grow significantly, outperforming all oil-producing countries, to reach 10.5 percent…
10-14-2021 Intel Guru MarkZ [via PDK] We are waiting to see what today brings…I have nothing new for you. It’s crazy quiet. All we can do is sit tight…
10-14-2021 Newshound Guru Pimpy Article: “New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate” This is the one everybody’s talking about…the wording in here is a little eye-catching…what I like is the fact that they’re saying they have to hold enough foreign reserves to be able to handle any kind of exchange that comes in. Now calm down…That doesn’t mean there’s going to be a rate change…they’re definitely building up the private sector and that’s what they need to do…just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves that it has and it appears Iraq is getting there.
10-14-2021 Newshound Guru Desert Advisor A few weeks ago it was announced by one of the representatives about the price of oil. Quote: “Representative Al Nassif called on the Minister of Finance to reduce the exchange rate of the dollar after the price of a barrel of oil exceeded eighty dollars…” They are announcing publicly from pretty much their members of congress talking about they want to raise the rate.
10-14-2021 Newshound Guru Kaperoni Al- Sadr made a statement …in the media after winning the largest Bloc that “We will work to raise the iraqi dinar to be in the ranks of global currencies gradually.” In other words there is no overnight RV as I’ve been saying all along. What that is saying really is they will float and it will go up gradually based on the growth of the economy…
10-14-2021 Intel Guru Bruce [via WiserNow] …we do believe it’s finally on its way to fruition for us – and … come full circle to all the way where it is we want it to show – I feel good about what I was hearing… I would say we are in a good place right now…we have to stay positive about even the fact that intel is quiet…this could go at any second – that is what I’m hearing – I’m just taking it – giving it out – just like I got it – and let’s see what develops…
dinarguru.com
