Iraqi Dinar Guru opinions 4-8-2024

Iraqi Dinar Guru opinions 4-8-2024

4-8-2024 Newshound Guru Militia Man We’re watching Iraq go international. It’s an interesting study. It’s fascinating…Iraq is coming up…Iraq is moving in the a direction to go international and it’s phenomenal.

4-8-2024 Newshound/Intel Gurus Walkingstick and Frank26 This monetary reform is right in front of your face. It’s at your doorstep. I envision being at the very edge of a cliff, on my tiptoes, with my arms out, leaning forward, my head down, waiting for a gust of wind to let me fly….

4-8-2024 Intel Guru Goldilocks Iraq is in the process of signing bilateral agreements that will support their infrastructure through their shipping ports. This move will help Iraq to spend their money locally and support their own economy. Projects such as this will help justify new values on their Iraqi Dinar…

4-8-2024 Newshound Guru Pimpy There seems to still be some confusion about the official exchange rate versus the real effective exchange rate… comments like “When they get to the real effective exchange rate” or When they switch to the real effective exchange rate.” Or “When they use the real effective exchange rate”…This is confusing…what a real effective exchange rate is…An official exchange rate is at which country’s currency can be exchanged for another country’s’ currency…Real Effective Exchange Rate is a broader measure that takes into account not just one bilateral exchange rate but a weighted average of a country’s currency against the basket of it’s major trading partners…Iraq already reports the effective exchange rate…It’s already there…you don’t have to wait for the real effective exchange rate to come popping up, it’s already being used…

4-7-2024 Newshound Guru Pimpy Question: “How are changes to the Iraqi dinar going to affect the Iraq stock market?” 3 or 4 years ago there was a group of us invited to join a couple different people who were investing in the Iraqi Stock Exchange…When I first heard about this we were told that if we buy the stock now and when they reinstate the rate the value of the stock would really shoot up and we would have tons and tons of money…Iraqi Stock Exchange …the cost of the stock is in USD not the Iraqi dinar. That’s important…If the Iraqi dinar is re-denominated, that’s when they LOP off the zeros…it would not necessarily require any adjustments to the Iraq stock.

4-7-2024 Newshound Guru Pimpy Re-denomination of a currency involves changing the face value of the currency by dropping zeros from the existing notes and issuing new currency at a lower nominal value… Therefore a re-denomination of the Iraqi dinar would not inherently necessitate adjustments to Iraq stocks…If Iraq increases the exchange rate of the Iraqi dinar…this is different. A re-denomination will have a slight effect, if at all, verses changing the exchange rate…increases the purchasing power for Iraqis… The stock is already priced in American dollars so no the increase in the exchange rate of the Iraqi dinar is not going to make everybody millionaires on the stock market…

4-7-2024 Intel Guru Frank26 When you hold up the new lower notes you will not be able to see all the safety features, not even with a black light. This currency is so far advanced you cannot counterfeit it because you don’t even know what’s in it.

4-7-2024 Newshound/Intel Guru Walkingstick It’s not 92% [of the 3 zero notes] they’ve collected. It’s a lot more… It’s at your doorstep.

4-7-2024 Newshound Guru Sandy Ingram The real effective exchange rate (REER) is a measure of the relative strength of a country’s currency in relation to an index or basket of other major currencies. The REER is used to judge whether the country’s currency is undervalued or overvalued or, ideally, fairly valued… Nominal Effective Exchange Rate (NEER)…It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners. An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners.

4-7-2024 Newshound Guru Sandy Ingram Iraq’s top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion. Based on Iraq’s export partners the Iraqi dinar definitely could be worth more. However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar…This could happen overnight but it is unlikely.

4-7-2024 Newshound Guru Samson Article: ”WTO – ACCESSIONS – MAY 9th, 2024 – Includes Iraq”

4-7-2024 Newshound Guru Militia Man Article: “The start of drawing liquidity from the hands or Iraqi’s” Iraq is getting money outside of the bank, into the bank…They’ve gotten off the street upwards of 8 trillion dinar. That’s a lot of dinar…Reducing the note count is the direction which is where they’re headed…If you reduce the note count, purchasing power comes with it…

4-7-2024 Newshound Guru Pimpy On the one hand this [Closing Iraq’s DFI in the United States] is a big step for Iraq. They now have control over their own funds and they can make their own decisions without asking for permission. On the downside we still have Maliki and the Coordinating Framework in charge of the government…This [The DFI closing] is a good thing though. It’s a big step for Iraq. It’s a big step in gaining their freedom 100%. Internationally it looks really good for Iraq as well…Untied States is saying, ‘Look we trust Iraq can deal with whatever comes at them…’

4-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Have not seen any of it on the news today about the lower notes that are going to be distributed in May…However there are a lot of rumors saying it was something out here today. We have not seen yet but we are looking… FRANK: There are many rumors about the monetary reform right now. Yes there seems to be a rumor about the lower notes…let’s see what happens this coming week. Let’s see how things start to unfold.

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