Iraqi Dinar Guru opinions 12-28-2022
Iraqi Dinar Guru opinions 12-28-2022
12-28-2022 Intel Guru Frank26 Article: “The Central Bank of Iraq launches a package of measures to improve the performance of transactions related to the dollar” Notice all they talk about is the exchange rate…against the dollar. The CBI is saying very plainly/clearly they have improved the transactions related to the dollar…they are ready to move on the international level. This is huge…Are you catching the pattern? Do you see these articles…Do they all connect together like Lego sets? Do they all talk about one thing and one thing only? Exchange rate. Monetary reform. The budget. Yeah.
12-28-2022 Newshound Guru Pimpy Is the Iraqi dinar a real investment? Yes. Are they going to change the rate overnight? Anything is possible but highly unlikely. There are too many factors right now keeping that from happening but I do think they are going are going to go up in small increments. The first one is going to bring us back to the old rate and I’m not talking about the $3.22 for every one dinar. I’m talking about the 1190 dinars for every $1…
12-27-2022 Intel Guru MarkZ [via PDK] “Iraq’s Prime minister calls CBI to take firm steps regarding the exchange rate” The political pressure is starting in mass in Iraq between the mostly settled government pushing the CBI to make those changes..
12-27-2022 Intel Guru Frank26 Article: “The Iranian currency recorded the largest decline in its history” IT IS VERY IMPORTANT TO UNDERSTAND IRAN DESPERATELY NEEDS THE IQD AND BECAUSE THEY CANNOT STEAL IT ANYMORE THEIR DESPERATION IS MAGNIFIED!
12-27-2022 Newshound Guru Paulette It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have followed. Why are the Money Changers reportedly being cautious with any purchases of USD when they could resell at a larger profit than they have been able to attain since the move to 1460. It is totally illogical unless they know that they don’t want to be moving IQD to USD out of fear of being on the wrong side of an economic move by the CBI.
12-27-2022 Intel Guru MarkZ [via PDK] Painfully quiet today for those that…want the RV News…Crazy quiet, like the hours before a major storm…
12-27-2022 Newshound Guru Samson Article: “After years of delay and disagreement… an agreement by the “majority” to pass the Oil and Gas Law”
12-27-2022 Newshound Guru Clare Article: “MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants” Quote: “With the hundred billions stacked in the Central Bank’s accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants. He added, wondering: But when will you take this step!?”
12-27-2022 Intel Guru Frank26 Don’t worry about the American dollar going up in value. It’s because of the de-pegging of both currencies [dinar/dollar]. They will fluctuate. We are looking for the Iraqi dinar to float internationally and fluctuate…not inside your boarders. That is exactly what the CBI is setting up the dinar to do.
12-27-2022 Newshound Guru Sandy Ingram All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commotion does not include the revalue we are looking for. At least not yet.
12-27-2022 Intel Guru MarkZ [via PDK] “Al-Rafidain announces the suspension of withdrawals and deposits in savings accounts for citizens” Don’t Panic…this is just frozen until Jan 2…they claim its until they can end the books. I find the timing very interesting with what I am hearing they are going to attempt to release that new value in country before Jan 2nd. This is what we are looking for now….
12-27-2022 Newshound Guru Pimpy Article: “Central Bank: Measures to increase the dollar supply” The people in Iraq…have more confidence in the U.S. dollar than they do their own local currency…Right now what we’re seeing is the U.S. dollar gaining in value over the Iraqi dinar which is not good, not good at all…now it’s…1560 with no official rate change yet because the dollar is increasing in strength which I have no idea how. Their currency seems to be getting weaker.
12-27-2022 Intel Guru Frank26 I think it’s important I say to you…the Iraqi dinar is not officially de-pegged from the American dollar yet (wink, wink, wink)…Iraq has still not been given Article VIII (wink, wink, wink)…the government is not officially formed yet (wink, wink, wink)…the calculation for the exchange rate is not in the new 2022 budget (wink, wink, wink)…
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…
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