Iraqi Dinar Guru opinions 5-18-2023

Iraqi Dinar Guru opinions 5-18-2023

5-18-2023 Intel Guru Frank26 I know we were looking for Tuesday or Wednesday for the budget to be completed and it should have been but look it’s the Middle East. You already know nothing happens quickly in the Middle East. That’s just the way it goes. That’s a fact of the Middle East…Don’t get frustrated. Don’t get angry about it. Remove the frustration and replace it with a focus of the truth, the truth that they are telling the citizens what is about to happen with their currency, with their monetary reform.

5-18-2023 Newshound Guru Clare Article: “The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains” Quote: “Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank,” noting that “most of the cards issued in Iraq are suspended due to a change in the central bank’s system and may return to work in the next two days.”

5-18-2023 Newshound/Intel Guru Mnt Goat I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign Currency Exchange) by June or about. There are no obstacles. They must have a budget passed and in place. Also they must have agreements for the oil and gas law… we may be in the window to finally see this RV to the end… We will just have to sit tight and wait this one out.

5-18-2023 Intel Guru MarkZ [via PDK] “CBI sells +$216 million in forex on Monday” This just means they sucked a tremendous amount of dinar off the streets. From foreign people trading things and buying things. $216 million in USD is $281 Billion in Iraqi dinar that was pulled off the streets. We are watching them do everything they need to do to increase the value of the dinar…they are preparing for it.

5-17-2023 Newshound Guru Pimpy It’s the same gibberish going on out there. How many millions of different times can you say that we’re just waiting for the budget to be approved?

5-17-2023 Intel Guru Frank26 When you see all the things they’re doing you can’t help but scratch your head, how? Your currency is worth nine tenths of a penny compared to the American dollar. How? …These next few days when they open up the budget it’s going to open up a new chapter.

5-17-2023 Newshound Guru Clare Article: “Al-Rafidain directs the collection of taxes and customs fees in Iraqi dinars” Quote: “Al-Rafidain Bank directed its branches at the border crossings to collect taxes and customs fees in Iraqi dinars instead of dollars…The bank also decided that the receipt of the stamp fee will be in Iraqi dinars, noting that this step is in support of the national economy and strengthening the currency of the Iraqi dinar.”

5-17-2023 Intel Guru MarkZ [via PDK] No news from bankers…They are being leaned on to be exceptionally quiet. They did have expectations for yesterday and this morning…they feel like they are on a minute by minute watch. Even my redemption center contacts are watching minute to minute right now. I hope it is accurate and really that close.

5-17-2023 Newshound/Intel Guru Walkingstick [Response to Frank26’s FIREFLY HCL in the budget report below] Not at a program rate. It will not work with the accounting. The knowledge of the HCL in the budget is not a clue or a hint about a new exchange rate, it is a fact of the monetary reform education to the citizens.

5-17-2023 Newshound Guru Deepwoodz When Iraq initially changed the rate to 1310, it showed up for the first time internationally March 28. At least on the two boards I can see. From that point, it would be 1310 for a day or two then back to 1460 for two or three days and then repeat that cycle until May 2. May 2 it was 1460 and changed to 1311 on May 3. Wednesday May 3 to now…. it has flatlined at approximately 1310. I think this could be considered stable. Next step please!

5-17-2023 Newshound Guru Pimpy Yes, I heard there’s an extension to executive order 13303 and everybody’s losing their mind. ‘This must mean something. What is it Pimpy? Has something to do with the dinar.’ … No it doesn’t say anything about the currency…the executive order that was signed that everybody keeps talking about it allows you to invest in the country…it’s the American’s way of protecting the money that has been generated from oil and gas revenues over in Iraq…

5-17-2023 Intel Guru Frank26 Article: “Iraqis banned from trading in US dollar” They banned the American dollar. They can’t use any foreign currency inside of Iraq. What does that tell you? They’re preparing to introduce their new national currency paper along with a new exchange rate to match it. They’re called lower denominations.

5-17-2023 Newshound Guru Sandy Ingram Article: “The governor of the Central Bank comments on the recent rise in the dollar exchange rate” He pointed out that those who go to buy dollar from he black market…may experience problems in the transactions they make. It sounds as if Iraq got the message loud and clear from the United States…We do not know how this will affect the exchange rate in the future…

5-17-2023 Intel Guru MarkZ [via PDK] What we are seeing and what people on the streets over there are telling me (people that live there and work there) is that they are seeing a very wide floating range…1100-1150 is what many are insisting on. Even contractors who get paid from one day to the next are having to renegotiate their rate because it is constantly changing. It is floating, changing and moving. Is it officially on a float…according to the CBI – no. But according to people on the streets who are experiencing the float – yes.

5-17-2023 Newshound Guru Pimpy Article: “Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform” What the cash reserves do, it allows them to flood the market with a competing currency therefore driving down the exchange rate slightly [NOTE: Down in this instance is good for dinar investors] . In this case Iraq’s parallel Market, people were given up quite a bit of dinar to get the U.S. dollar. And what that does is affect the official rate.

5-17-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They’re talking about how the oil and gas laws are in the budget. FRANK26: Wow HCL! No wonder you’re not using the dollar.

5-17-2023 Intel Guru MarkZ [via PDK] “Iraqi stock exchange achieves the first place in the Arab world in the volumn and rate of daily trading.” This is huge. Iraq is positioning itself to be the cultural hub of the middle east. Unseating Saudi Arabia, Qutar and the entire region…this tells us where Iraq is heading in terms of a valuable currency.

5-17-2023 Newshound/Intel Guru RVAlready It would now seem the RV is in the hands of the CBI, and no longer waiting on anything from parliament. Hopefully, we will see an RI/RV release soon!!!

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