Iraqi Dinar Guru opinions 10-5-2022
Iraqi Dinar Guru opinions 10-5-2022
10-5-2022 Newshound Guru MilitiaMan Article: “Deputy: Reducing the price of the dollar will be a top priority for the new government” Reverting back to 1190 is not reverting back to an era that was internationally acceptable nor Article VIII compliant with the IMF. Having small category denominations doesn’t work with program rates. The CBI didn’t print new currency issuances in 2018 to throw them in the trash.. They intend to use them…
10-5-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank friend said there’s no way Kazemi is doing these deals internationally with countries on trade and banking without a previous discussion about Iraq’s rate. No way this can come about at a program rate. Something behind the scenes has been going on for a long time…we see foreign reserves at all time high…That will make it [the dinar] even stronger to revalue because we have the high reserve rate of the dollar… FRANK: It all points to something major…
10-5-2022 Newshound/Intel Guru Breitling The timing [of a rate change] has to do with markets. Right now Iraq is making a ton of money selling oil…
10-4-2022 Newshound Guru Kaperoni As the IMF stated, from the Article IV Consultation of 2013 with Iraq… they encourage Iraq to create the conditions which would make it possible…to move to a more flexible exchange rate policy. Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate.
10-4-2022 Intel Guru MarkZ [via PDK] …I was leaned on to not release details for the next few days. Everybody I know has been leaned on to be quiet. But they didn’t show up with money and a NDA….so I am only going to be “so quiet.” If they show up with money I can spend and I will be real quiet..lol…Mark who??
10-4-2022 Newshound/Intel Guru Mnt Goat Article quote: “The process of deleting zeros from the currency needs to legislate a law and requires some modifications, and the atmosphere must be available to accept such modifications, noting that the central bank presented earlier a project on the process of deleting zeros.” …I keep talking about this project because I know it is the first step towards to the activation of the reinstatement that follows it…It is like the key to unlock the RV….
10-4-2022 Newshound Guru Sandy Ingram …When we move over to the Central Bank of Iraq we find no new announcements, which is normal. The governor of the CBI is doing a lot of what the prime minister of Iraq is doing and he is meeting with neighboring countries to build bridges and economic ties…
10-4-2022 Newshound/Intel Guru RVAlready I think it is clear that, with the failure of the Iraqi political system, the UN will have to force them into a set of agreements. The UN has experience with these sorts of situations. They now have to decide what tools from their arsenal to bring to bear.
10-4-2022 Newshound Guru Pimpy The rumor is they’re going to raise the exchange rate of the Iraqi dinar to help settle the problems over there. No they’re not. There is no such report whatsoever. That’s false. But if they get back on track, they’re doing all things necessary for them to make the right moves when it comes to the Iraqi dinar when the time comes…
10-4-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Bank guy says there’s too much turmoil right now. It’s too unstable he thinks for a major change. Until something is settled about government… FRANK: …We need a fully seated government. I agree with that 100%. That is where we are at…IMO a fully seated government is right around the corner. It’s very very close…
10-4-2022 Intel Guru MarkZ [via PDK] Very quiet on the RV front this morning but lots of anticipation…we know we are close even though we don’t know the exact timing. It should have happened at least 3-4 times over the last 20 years…It should have happened for sure in 2019…I think we will have it this month…i thought we should have had it late last month. I totally believe it will be this year. Of course I will have more egg on my face if I am wrong…i don’t think I am wrong.
10-4-2022 Newshound Guru Militiaman When they reduced the IQD to 1460 from 1190, it hurt the poor…The next stage for the Central Bank is to serve its purpose…that benefits the poor with purchase power…it is to adjust the value of the IQD to an internationally acceptable and tradable currency outside it’s borders and on international platforms with an IMF Article VIII compliant currency. That is what has become a popular demand we are reading about.
10-4-2022 Newshound Guru Samson Article: “Iran announces the release of $7 billion of its frozen assets” Quote: “negotiations mediated by one of the countries in the region for the simultaneous release of prisoners between Iran and the United States and billions of dollars of frozen Iranian assets as part of the prisoner liberation deal.”
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