Iraqi Dinar Guru opinions 4-28-2022

Iraqi Dinar Guru opinions 4-28-2022

4-28-2022 Intel Guru Frank26 Article: “The rise in oil covers the budget deficit.. Good news from officials: Returning the dollar exchange rate to its previous” THEY ARE EXPECTING A CHANGE IN THE EXCHANGE RATE.

4-28-2022 Newshound Guru Pimpy Question: “Is it not too late to buy dinar? I really need a house or a place to rent on my own. I don’t make much and I’m looking for a miracle.” People are still buying the dinar but here’s the issue with everything that’s going on. It’s hard to judge when the rate change is going to happen. If you’re listening to other people out there right now they’re promising you a rate change of $3.22 or that it’s gonna happen next week…you hear all this stuff so be careful…make sure that you just buy with whatever discretionary funds you have…

4-28-2022 Intel Guru MarkZ [via PDK] …we know this is inevitable… Like Voltaire said “Fiat currency always returns to its intrinsic value of zero.”…So when we win…We are going to win big.

4-27-2022 Intel Guru Bruce [via WiserNow] I’m not sure that we’re going to get started before the end of the month – and I hate saying that…I’m just not convinced by what we have heard today that its necessarily ready to go quite “yet”…but I believe that Iraq will do what they are supposed to do and get this thing done…I am feeling like we are taking this ride one day at a time…every time we think we’re getting ready to go – oops- there’s one more thing…I’m not sure we are going to see it before May…we’ll see – we just don’t know – this thing has a way it could turn around and sneak up on us and bite us – so be open to it…

4-27-2022 Newshound Guru Godlover Article “Parliamentary Finance: Completion of 90% of the sections of the Food Security Law”. We do not want to see this law passed, at least not without the general budget…

4-27-2022 Newshound Guru Pimpy People ask me do I have any concerns whatsoever about the Iraqi dinar…if they can’t get their crap together let’s be honest, the rate is never going to change…but one of the thing that I am keeping an eye on that’s bothering me is the fact that Iraq is in a huge rush to launch their version of the central bank digital currency because I’m curious how that’s going to affect us who are holding on to the paper version of the Iraq dinar, the IQD. I’m digging into that. Once I get that information I will share with you…We’re going to see Iraq grow. They’re doing it by leaps and bounds. Look how far they come just since Al-Kazemi took over…

4-27-2022 Newshound/Intel Guru Mnt Goat With the dinar at 1/6 of a penny and people screaming for currency reform…how can they hold off any longer in fixing the dinar to a nominal rate to reflect the true value? Iraq needs to get off the de’ facto peg to the US dollar. It is causing issues and we now see it…What oil could reach $130 a barrel yet Iraq dinar sits at 1/6 of a penny? All the news for months about the Iraqi economy has been very good and encouraging…there is not much more to tell. I rest my case…

4-27-2022 Intel Guru MarkZ [via PDK] It is very quiet out of the middle east. Quiet out of Asia banking today…I think this is the quiet before the release. There really is so much happening on the disclosure front.

4-27-2022 Newshound/Intel Guru Walkingstick Question: “Are all the meetings with the WB, IMF completed and are agreements in place?” THEY ARE BUT …THE SITUATION GLOBALLY IS CHANGING DAILY. WHAT WAS SET IN PLACE WAS FOR THEM TO COME OUT ON PAR WITH USD AND BACKED BY THE USD. BUT EVENTS OVER THE LAST YEAR PLUS HAS IRAQ ALONG WITH MANY OTHER COUNTRIES RETHINKING THE USD BACKED CURRENCY. TALKS NOW WITH IRAQ AND A NUMBER OF OTHER COUNTRIES RECALCULATING THEIR EXCHANGE RATE FACTORING IN EXCHANGE RATE…BACKED BY A BASKET OF CURRENCIES OR ANOTHER FOREIGN CURRENCY WITH THE UNDERSTANDING MANY COUNTRIES ARE NOW GUN SHY OF BACKING THEIR CURRENCY ON PAR WITH THE USD.

4-27-2022 Intel Guru Frank26 Article: “Mazhar Muhammad Salih: The Central Bank’s balance is three times more than the government’s external debt” VICTORY FOR THE MONETARY REFORM!

4-27-2022 Newshound Guru Samson Article: “The highest since its establishment.. Central Bank of Iraq assets (in numbers)” “Quote: ” the value of the Central Bank’s assets is the highest since its establishment, which gives reassurance to the situation and stability of the Iraqi currency during the coming period, which is expected to witness further increases in the Central Bank’s assets as a result of the rise in oil sales revenues…”

4-27-2022 Intel Guru MarkZ [via PDK] [Please explain why the white papers are important?] The white papers are the financial reforms in Iraq. In these is the new budget, food security, and lots of things including the new rate for the Iraqi dinar. In these papers they are creating a platform for them to have an asset backed currency with a higher value. …That is why the implementation of the white papers are important…

4-27-2022 Intel Guru Fleming According to the CBI contact…the WTO is hot after the Central Bank of Iraq to finally sign off for the ISO 20022 certification to be implemented… They have to acknowledge compliance and acceptance, to get started right away. If…still lagging behind by the end of the month, then starting May 1st the revaluation commences with or without them. Contractors in Iraq are presently being paid at the revalued rate of 1:1 (one Iraq dinar to one US dollar). How long will they allow this to continue?

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