Iraqi Dinar Guru opinions 5-26-2023
Iraqi Dinar Guru opinions 5-26-2023
5-26-2023 Intel Guru Frank26 The new exchange rate is very close based on all the things they are introducing to you on a daily basis through the monetary reform education. But because the monetary reform education is not complete, the budget may not have the new exchange rate just yet. Look at the line items. The line items will tell you it requires a new rate. Now you believe once you see the budget you will see the news exchange rate. I agree, but do not look for it in the budget.
5-26-2023 Newshound Guru Deepwoodz Article: “With documents.. amending the paragraphs related to the region’s dues in the budget, and the Patriotic Union confirms: a historic victory for the Kurds and a blow to the corrupt” This has been the holdup. Maliki is p*ssed but that’s a good thing and looks like they are ready to vote tomorrow!
5-26-2023 Intel Guru MarkZ [via PDK] …they have recovered 20 million dollars of Iraqi money from Kuwait and getting ready to recover 80 million dollars from Credit Suisse. These are funds that were locked up from when Sadaam Hussein moved into Kuwait. So a lot of Iraq’s funds around the world were frozen. They are now unfreezing them because they continue to meet all their obligations. When that act of war was committed…Iraq’s currency was devalued…to take away their ability to make war. They took something that was worth a lot and changed the value to worth not much. Now they are meeting all the requirements so they can do the opposite. We are watching this all play out. Obviously it hasn’t gone as fast as we want it too. Would sure be nice to be across that finish line.
5-25-2023 Newshound Guru Pimpy There’s been a lot of back and forth …People are claiming the currency is floating and that it is on the Forex …Is the IQD on the Forex? …Money exchanges, not the global Forex, do list the IQD. Since the IQD is a recognizable legitimate currency they still keep track of it but it’s not paired up with anything and it’s not trading…at this time Forex.com does not offer trading in the Iraqi dinar…
5-25-2023 Intel Guru Frank26 If they start to expose the budget, they’re going to expose the line item about adjusting the exchange rate against the American dollar. It’s a program rate…right now against the dollar and they’re going to adjust that? Well bye-bye program rate. I wonder what the rate will be?
5-25-2023 Intel Guru MarkZ [via PDK] I still think it will happen in the month of May. I was told they are trying to have US- you and me starting our appointments around the 30th and 31st…..I still feel good about the month of May. Remember Nobody knows the exact timing.
5-25-2023 Newshound Guru Breitling All I’m trying to do is eliminate the conspiracy theories and hype out of a legitimate opportunity. Nobody knows what’s going to happen. I have an idea based on policy. My evidence is policy. They said they want to revalue it at a $1.17 then they want to get it to $3.75. I have proof. The doubters don’t. The only thing they can say is, ‘It hasn’t revalued yet.’ So what. What the hell does that have to do with the price of tea in china? It’s all speculative.
5-25-2023 Newshound Guru Kaperoni The current plan that Iraq has stated is over the next three years. That is why the budget will be a three-year term, that is why the new Central Bank of Iraq building will open in 2025, and over the next 16 months Iraq will diversify, pass laws and begin the rebuilding process.
5-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We need to believe we will see a new rate soon after this historic budget. It just has to be with all the ground work that’s already been done. FRANK: We are really leaning in the direction that we want to see the budget. Give us the budget and then turn those trillions into billions…the flip of a switch would covert the exchange rate.
5-25-2023 Newshound Guru Militia Man the quote says, ‘After these article [12, 13, 14 – Oil agreement] are resolved with the Finance Committee the parliament session will be determined to vote on the budget.’ …What we believe is that is the key point. Once we get that done, if Halbousi…their president, signs off on this it opens the door for us to be in effectively a window. I don’t have a date, time, rate…but the fact remains…because of the nature of the 3 year budget it will allow them in our understanding of it to have the ability to make an exchange rate change whenever they can.
5-25-2023 Newshound Guru Pimpy Let’s clear this up…an RI is a reinstatement. People always intermingle that with the RV. An RI would be reinstating the rate in which a currency once was. In Kuwait…they were invaded, they dropped the value way down but after Iraq was removed…they reinstated the rate where it was before the invasion. As far as Iraq is concerned, way different because what happened in Kuwait was a short period of time, not to mention Iraq is under restrictions. Are they going to have a reinstatement? I don’t think so. That’s my opinion. But could it happen? Of course. Anything is possible…I think you’re going to see an RV which is a re-value…
5-25-2023 Intel Guru MarkZ [via PDK] I am now hearing they want to let this thing rip on the 30th-31st on the street level and that we will see a lot happening over the weekend-including Iraq’s budget. They expect to pass it –rubber stamp it this Saturday allowing them to move forward with rate changes…I think this month is very much still in play.
5-25-2023 Intel Guru Frank26 I don’t care when the budget comes out. I don’t. It’s not the budget I seek. I care about when the new exchange rate comes out. And there is a line item IMO that has the new exchange rate in it…
5-25-2023 Newshound/Intel Guru Mnt Goat Yes, we are VERY close to something big happening with the dinar…Yes, I do have some concerns about not seeing any news about the project to delete the zeros… Integral to the RV is this project to delete the zeros. One can not happen without the other. Many time already, Al-Sundani has told the citizens of Iraq the dinar is stronger than the dollar. …Yet it is still less than 1/6 of a penny. So when will they make this move and prove it to the citizens and given them a new rate?