Iraqi Dinar Guru opinions 10-25-19
Iraqi Dinar Guru opinions 10-25-19
10-25-2019 Newshound Guru Kaperoni The dinar cannot RV…Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year. As for the dinar exchange rate, I believe it’ll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq’s infrastructure. I guess we’ll have to see who’s right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.
10-24-2019 Intel Guru Delta Article: “Launch of the electronic platform Iraq Trade Point to provide information support to investors and businessmen” “…the platform has an active role in the development of electronic business transactions in order to support Iraq’s economy internationally through its membership in the Federal Federation of World Trade Points…”
10-24-2019 Newshound Guru Kaperoni Article quote: “Large-scale demonstrations expected to take place October 25, 2019 after Friday prayers.” The protests are ramping back up for tomorrow in Baghdad and throughout Iraq this could get ugly but hopefully it’ll stay civil. We don’t need more setbacks in reforms.
10-24-2019 Intel Guru MarkZ [via PDK] I know we are still in a very good place according to all sources. I am still told by bankers that this is it…this is our week…but they keep saying that while nothing happens…The lack of real news has me upset…yesterday should have been a big day for us all. The lack of information may be the calm before the storm, and I hope it is…Iraq is ready…Iraq is waiting on us and I think it’s the greedy bankers not letting it go…the gold is in place to back it up…they need to LET IT GO…I believe the reset and the gold standard will be released at the same time…if we were already on the gold standard IMO we would all already been paid.
10-24-2019 Intel Guru Frank26 …IMO all the banks in Iraq received a schedule but not all received the lower denoms because the protesting on the 25th will determine if the rest are delivered or not…the 25th IMO can cancel the schedule but I don’t think so…
10-24-2019 Newshound Guru MilitiaMan Article: “The Minister of Finance signs a Memorandum of Understanding in Washington with the World Bank” It sure looks like the Big Boyz have dotted some I’s and Crossed some T’s and it couldn’t have come in a more timely manner, especially for the INTERNATIONAL INVESTORS to kick start the party. That party needs workers not unemployed demonstrators. International Investors need a rate that is internationally accepted. …the reforms to have merit they need a rate, just as we await the depictions of the new medium of exchange to go along with that internationally accepted rate (NSCN’s, Coins and or Fils) . imo Things are very exciting and we all should be pleased to see the way it it unfolding now…imo!
10-24-2019 Newshound Guru Kaperoni I hope people realize there’s no such thing as an NDA when it comes to dinar…
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