Iraqi Dinar Guru opinions 3-1-2022

Iraqi Dinar Guru opinions 3-1-2022

3-1-2022 Newshound Guru Samson Article: “During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era” Quote: “It has become imperative for the government and the Ministry of Finance to return the exchange rate to its normal position, especially since the financial crisis has ended and the financial situation has improved, especially after the rise in oil selling prices.”

3-1-2022 Intel Guru Frank26 Did you see the article that says ‘I’m am the Minister of Finance and no we’re not going to give you the new exchange rate. We’re not going to give you the new exchange rate’ Which causes a lot of people to say ‘What!?!’ What the Minister of Finance, what Kazemi is saying to the citizens of Iraq…’Hey, sit your government down.’ Eventually the government will be seated. When that happens look out.

3-1-2022 Newshound Guru Pimpy We know there was a discussion about the Iraqi exchange rate. What does that mean for dinar holders? Article: “In details..the results of hosting the Minister of Finance in Parliament: a change in the exchange rate is unlikely” Not surprising to me. I think what they plan on doing is paying back a lot of the debt that they owed while the currency is devalued…most likely everything is going to be paid off this year…

2-28-2022 Intel Guru MarkZ [via PDK] Very encouraging news out of groups today. They are in a mad dash to be ready. Iraq is moving forward with sitting the government and approving the new rate. That is what I am being told …that this is imminent.

2-28-2022 Newshound Guru Pimpy Article: “A government official warns of an economic shock to the country exchange rate” Quote: “Former director of finance supervision bureau…ruled out returning the dollar exchange rate to its previous era.” This is the word [Era] that caught my attention. They’re not talking about the previous rate of 1190. I think they’re actually talking about the reinstatement rate of $3.22…it almost looks like there are some discussions of a possible reinstatement [to $3.22].

2-28-2022 Newshound Guru Pimpy I think that’s not possible only because I think it would shock the economy… if they did increments it wouldn’t be a huge shock to the economy…the fact that they’re using the word “era” and they’re talking about a major shock to the economy makes me believe that they’re actually considering the $3.22 rate…very very interesting article…I think they’re actually talking about it.

2-28-2022 Newshound Guru Kaperoni Over the last 10-15 years the IMF in various Article IV Consultations with Iraq have laid it out very clearly the objectives for Iraq, the monetary policy and the stability of the financial system…An excellent article came out over the weekend in which an Iraqi economist talked about how floating the Iraqi dinar would allow the currency to appreciate as well as end the daily currency auctions. I believe this is the directive, the IMF has described…

2-28-2022 Intel Guru Frank26 We have a lot of articles…in the hundreds now and they all talk about the fact that the Iraqi dinar is about to be lifted in value. I don’t know of anybody that’s out there saying it’s never going to happen. Everybody knows it’s going to happen.

2-28-2022 Newshound Guru Pimpy Article Quote: “…parliament will hold a session tomorrow Monday to discuss the dollar exchange rate and the presence of the finance minister…” They’re going to be discussing the exchange rate. We’ll see what comes out of it…Y’all should be a little excited about it but don’t get overwhelmed and stay grounded…

2-28-2022 Intel Guru MarkZ [via PDK] On the Iraqi front is one of our best indicators on timing right now…so many articles about going back to the old exchange rate and how they are going to deal with it…They are also trying to get their government sat this week…Huge things going on in Iraq. Buckle up…we don’t know the exact timing but big events are happening right now.

2-28-2022 Newshound Guru Jeff Iraq’s news has been very interesting over the last few weeks. The government has put a huge emphasis on the exchange rate…Does Iraq mean restore the exchange rate to its previous devalued rate of 1190 to simply reduce inflation? Or are they talking about putting it back to international values greater than zero…

2-28-2022 Newshound Guru Jeff tomorrow [Monday] they’re having a session of parliament meeting with the Minister of Finance to discuss the exchange rate…even though they’re going to discuss the exchange rate, they are ruling out a decision to reduce the exchange rate of the dollar…If this is the news [the ruling out decision]..none of this news is truthful. None of it’s accurate…

2-28-2022 Newshound/Intel Guru Mnt Goat The budget is just a budget. It is money allocated to projects. The funding can be converted at any time. What they do need is the price of oil to know the amount of revenues to expect so they can then decide on what they can afford in the budget to spend. Get it? Then, they base the budget on the price of oil to know the projected revenues. This is not the RV rate, get it?

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