Iraqi Dinar Guru opinions 12-3-2023
Iraqi Dinar Guru opinions 12-3-2023
12-3-2023 Newshound Guru Pimpy I found the steps Iraq would need to take in order to reinstate its $3.22 rate…Stabilize the economy by addressing issues such as inflation, unemployment and corruption…diversifying the economy beyond oil dependence…Monetary policy – To reinstate a specific exchange rate the Central Bank of Iraq would need to implement appropriate measures…like interest rates, reserve requirements and open market operations. Third, Foreign Reserves – Iraq’s foreign reserves…The more they get the better it is for them…particularly the US dollar would provide the CBI with the necessary resources to support the desired exchange rate…
12-3-2023 Newshound Guru Pimpy Currency Auctions…Adjusting the auction mechanisms and policies could help control the supply and demand dynamics of the IQD…Fifth, Government of Iraq – Investors…have to feel their investment is secure. Having a stable government and stable economy goes a long way. Political stability…that encourages domestic and foreign investment …Lastly, International Support…IMF and World Bank…these organization can provide financial aid, technical assistance and guidance on implementing economic reforms…Those are the steps necessary to reinstate the $3.22 rate. I still think it’ll go up in increments just so they can make sure there is stability in the economy without bankrupting themselves…
12-3-2023 Intel Guru Bruce [via WiserNow] Lets talk about rates…We had rates on redemption center screens on dinar and Dong that were put out… definitely that were terrific. Excellent… Notice I said on redemption center screens not banks…Because rates at the redemption center will be higher than they are in the banks – Our contacts see rates on the bank screens – They also see rates in the redemption center screens – I can tell you know they are that much higher – as much as 4 times higher on redemption center screens than they are on the bank screens…
12-2-2023 Intel Guru Frank26 Anybody that tells you, ‘give me your dinars and I will give you more than what the CBI will give you’ because, ‘I belong to the [whatever] group/organization’ They’re thieves. They’re vipers. They’re liars…No body is going to give you more than what the CBI can and is willing to give you.
12-2-2023 Newshound Guru Pimpy Iraqi dinar is going to go up in increments because as you go up one step at a time you’re able to see what kind of shock you’re going to have to your economy, if at all. As they keep making a move forward with the value of the Iraqi dinar measured against your economy they’re able to determine whether they can keep going forward and make the value of the Iraqi dinar increase or whether they should decrease the value of the Iraqi dinar.
12-2-2023 Newshound Guru Militia Man What we’re seeing is probably one of the most exciting times we’ve ever been in and there’s more to come…
12-2-2023 Intel Guru Wolverine …This is going to get very emotional when it happens and so I suggest to get those tissues and that bottle of champagne. This is all part of history and all of you are part of history. The biggest transfer of wealth in the history of this planet is about to get started. Always remember where you were and what you were doing when it happens. God bless you all.
12-2-2023 Newshound Guru Kaperoni Floating a national currency is intended …to determine its price in a free market according to the forces of supply and demand. That is what we are looking for…
12-2-2023 Newshound Guru Samson Article: “Washington congratulates the Sudanese on the launch of the five-year development plan: We appreciate our partnership with Iraq”
12-2-2023 Intel Guru MarkZ [via PDK] The group chatter has been amazing as they are waiting for release of funds… sitting at the edge of their seats. Redemption contacts who are “on call” have not been called in…yet. But we are stinking, painfully close….
12-2-2023 Newshound Guru Clare Article: “Parliamentarian: Al-Halbousi’s imprisonment for one year is within reach” Quote: “Iraqi Parliament member Basem Khashan expected, on Friday, that the deposed Speaker of the House of Representatives, Muhammad al-Halbousi, would be imprisoned for a period of no less than one year, after the “Taqaddum” Party, which he heads, paid a sum of money to the American company BGR without obtaining legal approval.”
12-2-2023 Intel Guru Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn’t matter. Whenever they do it they’ll do it but what’s really important is in order to join the WTO you have to be Article VIII…All they have to do is raise the value of their currency, that’s it.
12-2-2023 Newshound Guru Pimpy When we talk about stability this is not what you want to see. Article: “10 Killed, 14 injured in Iraq roadside Bomb Attack” If you’re going after politicians that’s not a stable country…Essentially you’re talking about assassinations…these are types of things we hope Iraq can get away from. Not the kind of news we want to hear.
12-2-2023 Newshound/Intel Guru Mnt Goat “The Prime Minister’s philosophy confirms that economic reform cannot be achieved without reforming the banking system, and therefore the priority begins with reforming the financial system.” …more proof that Iraqi’s economy does not need to grow any more at this time in order to get to the value of the dinar to what we need for a fair and honest rate reflected…the “priority” begins with reforming the financial system and currency reform is a large part of the financial system. …Iraq will never be able to raise enough the money alone to rebuild Iraq and its economy unless they first complete the needed banking and financial reforms needed to attract investors…
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