Iraqi Dinar Guru opinions 12-15-2022

Iraqi Dinar Guru opinions 12-15-2022

12-15-2022 Newshound/Intel Guru Mnt Goat The IQD from Iraq…MUST be reinstated in order for Iraq to progress forward with any success to the global markets if this is what they truly desire and they tell us this is where they want to go. But they will have to overcome the puppetry of Iran first. This RV journey will end and I can…see the road ahead. I can see the end point now and it is not long off. The pressure is building and now even many more economists are now pushing for the FOREX reinstatement…

12-15-2022 Intel Guru MarkZ [via PDK] “Central Bank of Iraq auctions more than 138 million in foreign reserves today“ Why do I bring this up? The transactions were made in a 1460 dinar to one dollar. This is the official rate according to the CBI and forex right now. There is a “parallel market” on the streets. Venders and the ISX-Iraqi stock exchange are different then what the CBI presents to the world…. This is our first hints that Iraq is pushing towards a float…at least internally.

12-14-2022 Intel Guru Frank26 Question: “I understand that they have 720 trillion dinars in existence how can this quantity be revalued to even 1 to 1 to the American dollar?” You change the physical currency. Instead of a 25000, you have a 25 note. But you don’t just change the currency. You also change the exchange rate…You’re changing physically the currency but you’re changing the rate…

12-14-2022 Intel Guru MarkZ [via PDK] “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run…the CBI is prepared and ready.

12-14-2022 Intel Guru MarkZ [via PDK] I am also hearing from my contacts in the QFS [Quantum Financial System] team. They are looking at a very short window of “This Week” to release. We will see if that pans out. These are the same group that tells me to “trust the plan” and this group feels the next couple days will be huge…That the green light has officially been given and we are about to see all kinds of craziness kick off. I am … hopeful they are accurate…

12-14-2022 Newshound Guru Clare Article: “Al-Mandalawi: Quick and decisive measures to stop the rise in the dollar exchange rate” Quote: “To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate.”

12-14-2022 Newshound Guru Pimpy Article: “The Central Bank launches an electronic platform for buying and selling the dollar next month” This is going to probably alleviate a lot of the corruption involved with the currency auctions. There’s no guarantee…but it should…the more they become updated…the less likely we have of corruption.

12-14-2022 Newshound Guru Breitling What’s Iraq looking at? They’re looking at the markets – where can they get the most customers and that’s it. They have two things in front of them. Adding value to their currency and where can they get the most customers. So they’re looking at the GP2 and IPEF. They’re looking at 62% of the worlds population that is part of those trade groups and 40% of the world GDP. They’re going to build a policy based on those numbers. That’s it.

12-14-2022 Intel Guru MarkZ [via PDK] [I don’t understand what an RI or RV is.] A reinstatement would be going back to an original rate…a RV or revaluation would be a rate different than that…and a float is somewhere in between.

12-14-2022 Newshound Guru Kaperoni The dinar has no restrictions. The banking system remains under IMF Article XIV…Iraq still needs to meet some compliance issues and receive approval from the IMF in order to move to IMF Article VIII…

12-14-2022 Newshound Guru Pimpy Article: “Parliamentary legal hints at an “emergency” session to approve the 2023 budget” If this thing can somehow get approved by Al-Sadini and then the House of Representative takes a look at it and [if] everybody’s pretty happy, you can see an emergency session be called in and people vote on it right away. The sooner the better…

12-14-2022 Newshound/Intel Guru Walkingstick [via Frank26] The new ATMs have the software for the new small category notes. I don’t know if the new small category notes are in it. But I can guarantee they do have the software for the new small category notes. That’s why they are not online as of yet. The software for the new small category notes is already programed into these machines and is ready to go active any time.

12-14-2022 Intel Guru MarkZ [via PDK] …on the forex…we are starting to see some very strange values popping up. Nobody is exchanging…and values have not officially changed…Maybe they are priming the system? It is not yet what we are looking for. There are some real ping pong games going on with the forex. Makes us wonder “why?” It appears from the outside looking in…and from conversations from people on the ground in Iraq that the markets are trying to force the CBI to move. At this point I’m confused at what is playing out. We seem to be watching the de coupling as things start to move…and I was told there would be a “dip” in the dinar right before the revalue. And that is what we are seeing…

12-14-2022 Intel Guru MarkZ [via PDK] …we are watching exactly what I was told to look for years ago…the crazy back and forth news on values … This weakening of the dinar could be them trying to get more dinar off the streets before coming out with a float. We are trying to make heads or tails out of all of this because we are also seeing on some foreign currency exchanges some crazy values on the dinar…where its worth $6-$7 dollars…to $4 dollars…but nobody is trading it…and we are seeing those rates and fluctuations…on several kinds of currencies…not just Iraq. …I think they are priming us for value changes…and more than one. This makes me feel a little more warm and fuzzy that maybe Iraq won’t be going alone? They have not changed values yet and we cannot go exchange yet…there is still possibilities of a float…

12-14-2022 Newshound Guru Clare Article: “Planning: Al-Sudani issued directives to address the effects of changing the exchange rate of the dollar” Quote: “the Ministry of Planning revealed the issuance of directives from Prime Minister Mohamed Shia Al-Sudani related to addressing the effects of changing the exchange rate of the dollar…the effects of changing the exchange rate are not all negative,” stressing that “there is no agreement, whether in the House of Representatives or in the Central Bank, to change the
exchange rate”

12-14-2022 Intel Guru Frank26 They are increasing the value of the IQD against the American dollar. It will be a gradual float. They kicked the American dollar out of Iraq’s markets/circulation last week…The IQD is being setup/poised/prepared to lead the Middle East as a currency hub…

12-14-2022 Newshound Guru Pimpy Article: “The talk of the exchange rate invades the Iraqi sessions…and the currency auction is the window for whitening the dollar” We all know there’s lots of individuals who are politically connected and pick up on information they most likely shouldn’t have. There’s been a lot of meetings with the governor of the Central Bank of Iraq. There’s no doubt they’ve been talking about changing the Iraqi currency…

12-14-2022 Newshound Guru Pimpy This article keeps touching bases on a group of speculators who continue to try…to drive the value of the dollar up while driving the value of the Iraqi dinar down…Why would they do that? Is it possible these people know there’s going to be a change in the exchange rate…? So by stirring up all kinds of rumors…you can get more Iraqi dinars for your dollar…Is it possible some very corrupt people are trying to buy the Iraq dinar for cheaper dollars knowing in advance that their rate might change?

12-14-2022 Newshound Guru Clare Article: “The application of international trade exchange for the Middle East transforms Iraq into an “electronic financial exchange center” Quote: “The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar.”

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