Iraqi Dinar Guru opinions 3-4-2022
Iraqi Dinar Guru opinions 3-4-2022
3-4-2022 Newshound/Intel Guru Mnt Goat Obviously, it looks like our January window is gone. Remember the rate we are looking for is NOT in the 2022 budget…We do know the IQD rate is being suppressed. There is a plan already laid out as to how they will conduct the project to delete the zeros. We also know that if this country of Iraq is ever to move ahead with the reforms they note in the “White Paper” they do clearly include the move back to FOREX…Remember also there is lots going on that we do not know about nor see. Actually the state of Iraq is much, much better than we read from the articles.
3-4-2022 Newshound Guru Pimpy Based on my research and using a little bit of critical thinking – common sense kicks in, it tells me I don’t think Iraq’s in any position to do a 100% reinstatement. I think most likely it’ll go up in increments. But also I’ve noticed in articles recently that the language that they’re using and the fuss that they’re making it really does give a slight impression that they’re at least talking about the reinstatement. The truth of the matter is we don’t know until they actually do it.
3-3-2022 Intel Guru MarkZ [via PDK] Good articles out of Iraq today about changing the exchange rate.
3-3-2022 Newshound Guru Pimpy Sounds like Allawi [MOF] is saying we have to plan this out before we make a big change. Here’s the thing that gets me. I can’t imaging that slightly changing the exchange rate would cause so much commotion. I really don’t…it’s easy to adjust…they can make the adjustment fairly easy versus if you have to really plan out a reinstated rate. That’s different. This is where I’m constantly tossing back and forth in my head…are they talking about making a change or are they talking about revaluing the currency back up to the original exchange rate because this seems like a whole lot of hassle…But I don’t want to jump to any conclusions. I definitely don’t want to blow smoke up people’s tookus.
3-3-2022 Guru Nader From The Mid East The exchange rate, where you guys called the program rate…It was made for what? To punish us. We’ve been punished a lot I think. It’s enough punishment. Whatever you hear from the IMF or from the bank of the world, the CEO of the CBI, Finance Minister, it’s all bullshit…the rate, if it revalued tomorrow it’s gonna make things better. It’s not going to hurt the economy. It’s going to help the economy 200%-300%…
3-3-2022 Guru Nader From The Mid East a businessman like me when I go to the United States to sell my things you know how much it cost me when I exchange for 1460…Just my trip to pay for…plane and the hotel…food and all that? When you want to come over here..it costs you nothing…you need $5 or $6,000 to make a trip to Iraq…when I come to United States…Almost $20,000 for a week…don’t believe anything the IMF, the World Bank…it’s [raising the rate] gonna help the economy. People will have more money. People will spend more money. People will start traveling…people will do a lot of things with the exchange rate. People can come to the United States. Can go to Europe … and have purchasing power. For now we have nothing.
3-3-2022 Intel Guru Frank26 There is a plethora of articles that simply talk about the plans, the number one priority of a new exchange rate for the citizens that’s coming. It’s exciting. It’s motivating…It’s coming to an end. I think I can say it with a little more confidence, even with a little more authority because they are the ones saying it.
3-3-2022 Intel Guru MarkZ [via PDK] …I am still being told to expect bond payouts from today the 3rd through the 6th with full payouts… I was always told that 3-5 days after the bonds started paying….and we would see the currency reset. So I expect 3-5 days after bonds start paying out I expect us to start exchanging…As of this morning my redemption folks will be on call this weekend. So no negative news…just quiet…quiet could be good.
3-3-2022 Newshound Guru Sandy Ingram Article: “Ministry of Oil: Revenues last February amounted to more than $8 billion” the average daily value was 3.3 million bpd while the average price per barrel was $92.08. Oil now stands at around $101.30 and is expected to increase even more…
3-3-2022 Newshound Guru Pimpy Still they are talking about the change in the exchange rate…with all this chitter-chatter going on about the Iraqi dinar exchange rate, it’s not just happening within Iraq, now the IMF is getting involved…the Central Bank of Iraq is actually taking into consideration a lot of input from the International Monetary Fund…IMO you can’t really trust anything that the IMF and World Bank have to offer or suggest…
3-3-2022 Intel Guru Fleming …Misinformation is going around about CBI though that has to be corrected. It was stated that they will cap the IQD international rate at $5.00 which is not possible. The in country rate will be ~ $3.20 jumping international and floating up from there…