Iraqi Dinar Guru opinions 3-16-2024
Iraqi Dinar Guru opinions 3-16-2024
3-16-2024 Intel Guru Frank26 I made a mistake…$0.76 was correct. I apologized…It’s 1.32 to $1 which comes out to the $0.76.
3-16-2024 Intel Guru MarkZ [via PDK] Comment: There is currently a bond crisis brewing. MarkZ: Yes there is…and years ago one of the key players in the RV told us to keep our eyes on the bond market and when it finally gasps its last breath…that is when we go… It is certainly troubled enough to gasp its last breath.
3-16-2024 Newshound/Intel Guru Mnt Goat …the Chairman of the Finance Committee stressed, and I quote: “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.” What they are basically telling the CBI is to follow up and move more aggressively on this issue of increasing the value of the dinar…I believe there is enormous pressure to get the dinar revalued and conduct the 3 zero note changeout (The Project to Delete the Zeros).
3-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq CBI governor said improving relations with international banks and amending the CBI bank Law. Alaq also saying about the $1.32 from 1320, if that’s the case then Iraq will need lower notes for change if we go under 250 notes. FRANK: They’re hinting to you what they’re about to give you. They’re having the conversation out in the open so you can prepare yourself…all of this is seeing the state to add value to your currency.
3-15-2024 Newshound Guru Pimpy The Coordinating Framework is trying to remove Al-Sudani. The political scene is going to be very unstable. If Maliki does his job and cause protest that means the country is going to be unstable which means the economy is unstable. All these things are going in the wrong direction. We went from being high as hell with lots of hope to now it’s just looking terrible.
3-15-2024 Newshound Guru Militia Man Al Sudani has told the citizens the dinar is going to be stronger. $0.76 is not stronger however once they delete the zeros then they can apply their Real Effective Exchange Rate. Totally different ball game. Totally different circumstances. Pay attention. Let’s see how this turns out.
3-15-2024 Guest Guru Harlequinc3 It helps me to think of it this way. 1.32 IQD to 1 USD means it takes 1 whole dinar and .32 of ANOTHER dinar just to get $1. It’s not QUITE at a dollar. That’s $.76. So if it was .50 IQD to 1 USD, that means it only takes HALF of one whole dinar to equal a dollar — so that’s a $2 rate. If it was .33 IQD to 1 USD, that means it only takes 1/3 of a whole dinar to equal a dollar — wow, that’s a $3 rate!
3-15-2024 Intel Guru Bruce [via WiserNow] …I feel like we’re making the final turn on the track. We’re getting ready – We’re in the homestretch before we cross the finish line…
3-15-2024 Newshound Guru Pimpy Article Quote: “The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1,32 Iraqi dinars instead of 1320 dinars. Implementing such a decision is likely to significantly increase Al-Sudani’s popularity.” I know everybody somehow, someway got that the exchange rate was going to be
$1.32. That’s not what this article says. It says the official cost of the US dollar will be 1.32 Iraqi dinars…What I’m hoping this means is $1 US will get you 132 Iraqi dinar. That would be pretty nice increase in the Iraqi exchange rate. That’s a 90% increase.
3-15-2024 Intel Guru Frank26 Article: “Among them concerns the dinar… the outcomes of Parliament’s finance meeting with the Central Bank” ALL THEY TALK ABOUT IS THE 1.32 & THE INTRODUCTION OF THE LOWER NOTES!!! FINALLY… THE SOUND HEARD AROUND THE WORLD! This is actually happening. This is a reality. The monetary reform to add value to the currency and then to float internationally is a reality…because it’s in print.
3-15-2024 Newshound/Intel Guru Petra Early Monday morning was the article demonstrating the fact that Sudani was considering changing the rate of the dinar from 1310 to 1.32 which for us in the United States is $0.79… Then the very next day we get an article talking about the new small category notes. They’re talking rate, they’re talking notes. And then you got Tannini the Commerce Director there talking about a surprise could happen within hours in regards to their monetary reform…
3-15-2024 Newshound Guru Samson “Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market”
3-15-2024 Intel Guru MarkZ [via PDK] We still do not know the timing but I am going to reiterate that the weekend before last they formed a committee to help inform businesses and citizens how to deal with the changing rate and changing prices that is going to occur. This is huge.
3-15-2024 Intel Guru Frank26 There was an announcement made by the Prime Minister Sudani…He told the Iraqi citizens, I’m going to add value to your currency. He used a solemn oath that swears upon Allah their God. You don’t go around breaking that promise. It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency…Sudani told the citizens we’re going to raise it to $1.32…He explained if we lift the 3-zeros from the exchange rate we’ll be able to give you $1.32 in country. That’s good purchasing power.
3-15-2024 Newshound Guru Clare Article: “After hosting the Governor… Parliamentary Finance: We look forward to raising the value of the dinar” Quote: “…Thursday, the Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market.”
3-15-2024 Newshound/Intel Guru Mnt Goat There are many who want to force the reinstatement which is like me telling you that on March 19th (first day of Spring) suddenly overnight everything will change and wamoo we will have spring. But we all know it doesn’t work this way and so we must make this logical analogy / comparison to our investment the RV. Just like mother nature has a plan for spring the CBI too has a plan and it takes time to execute it
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