Iraqi Dinar Guru opinions 12-27-2022
Iraqi Dinar Guru opinions 12-27-2022
12-27-2022 Newshound/Intel Guru Mnt Goat Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am convinced this is now a factor too. Also we hear, as usual, that the latest HCL changes are going to be accepted and passed. …This is all excellent news.
12-27-2022 Intel Guru Bruce [via WiserNow] There’s no contract rate on dong…But there’s a very good rate…way more than we thought the dong would support even years ago…47 cents on the dong for years…When you see what the real rate is on the dong…Pretty amazing…
12-26-2022 Newshound Guru Clare Article: “Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq’s capabilities to impose stability” Quote: “Salih revealed…foreign reserves have become the strongest in Iraq’s financial history, and its balance has perhaps exceeded one hundred billion dollars, which means there is no fear or concern about Iraq’s financial capabilities in imposing stability in the dinar exchange rates as long as the matter is related to administrative and organizational affairs in dealing with external transfer and foreign currency trading.”
12-26-2022 Newshound Guru Kaperoni Question: “Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar.” The key point with Libya is they only have 32 billion dinar in circulation compared to Iraq who has over 80 trillion dinar. It [Iraqi dinar] will remain weak until they reduce the money supply either by removing the currency as Iraq ‘s economy prospers or deleting the zeros (LOP).
12-26-2022 Intel Guru Frank26 IMO the basket the Iraqi dinar will be inside of, once it starts to float internationally at a rate at least 1 to 1 with the American dollar it would join a basket then pair with currencies inside that basket…we thought there was going to be about 10…IMO things have changed. Do you know how much potential Iraq has? Of course you do that’s why you invested into it…it’s justifiable to consider there could be 29 currencies in that basket…that would have to be the largest basket of this planet earth…
12-26-2022 Newshound Guru Pimpy If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it…you would see me hauling butt down to the bank!
12-26-2022 Newshound/Intel Guru Breitling I don’t see anything negative going on in Iraq…as far as the Iraqi dinar is concerned…like the United States they can screw up a lot and still maintain its markets. Iraq has that room also because they have a resource everybody needs. We’re not living off solar panels and Teslas – yet…it’s a long ways away.
12-26-2022 Newshound/Intel Guru Walkingstick [via Frank26] The HCL is Iraq’s National Oil Company and the National oil Company is about who gets control of Iraq’s oil…the other monster is Article 140…Article 140 gives the census and the percentages of what you’re going to be getting in that region…
12-26-2022 Newshound Guru Clare Article: “The Sleeping Wool Shelf” pushes the price of the dollar in Iraq to about 160,000 dinars” Quote: “Nassif wrote, in a tweet…via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction towards 160, we say, Sleeping, Sharif al-Sawf, and the dollar is suffocating your people.”
12-26-2022 Intel Guru Frank26 Article: “The Ministry of Finance begins checking the amounts within the current expenditures to include them in the budget” FINALIZING THE BUDGET WITH A NEW EXCHANGE RATE.
12-26-2022 Newshound Guru Pimpy I hear people say this all the time, ‘The Iraqi dinar is a fraud.’ No it isn’t. It’s not the Iraqi dinar that’s a scam. It’s the individuals out there committing fraud using the Iraqi dinar to do so.
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