Iraqi Dinar Guru opinions 6-24-2023

Iraqi Dinar Guru opinions 6-24-2023

6-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iran saying Iraq will be the largest and an oasis of investment in the Middle East region. They speaking highly of Iraq in new report on Baghdad 1 News. FRANK: I told you they would come running and begging to be a part of Iraq. They can’t steal no more…Isn’t that ironic the country that stole everything from you for decades is now kissing your a double s.

6-24-2023 Newshound/Intel Guru BGG article…: “Parliamentary Finance explains the impact of approving the budget on the exchange rate during the coming period”. While I highly doubt there is any direct change of the rate contained in the budget – the currency pressures created by the new methods in this budget may well force the currency higher over time. So …the actual news for the future of Iraq is pretty decent. Hang in there.

6-24-2023 Newshound Guru Clare Article: “Vietnam considered rising star to become emerging market” Quote: “A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status.”

6-23-2023 Newshound Guru Militia Man A market economy/private sector is not going to be at an exchange rate of 1310. It’s just not going to work…1310 is not going to get them international. We all know that. Do the math on the budget. It’s just not going to happen. So thinking it’s going to go until 2024 or 2025…? Hearing it on the streets doesn’t make it right…This is real. It’s not a joke. They’re not telling us that we’re going to 2024/25…

6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI is talking again about improving external transfers about raising the rate of our hard currency.

6-23-2023 Intel Guru RayRen98 Article: “The budget law reaches the Ministry of Justice and will be published in the Official Gazette next Monday” And now we know when, so we just wait.

6-23-2023 Guru Nader From The Mid East They’re not ready yet even with the budget signed up. Iraq is like credit. Country has to do a lot better for the rate to change. It’s gonna change. But not ready, not now, not this summer. My information it’s not before July next year. You take it or leave it…stay stable. Keep calm. I wish it could happen tomorrow, everybody will be happy. You don’t think I’ll be happy? I wish, but it is what it is…

6-23-2023 Intel Guru Bruce [via WiserNow] There’s a new rate coming out, which might have actually come out today. It’s a new higher rate of Iraqi dinar and is supposed to be published in the gazette…Now they can do a printed version any day. It doesn’t have to be on Saturday. But I believe come out Saturday, maybe Sunday…We know that the new dinar rate is coming out and Iraq will actually start trading this on the Forex Sunday…Afternoon – …everything else that we know is done. Budget, oil and gas law, everything that they needed to do. Their ATMs are all fired up and working with their lower denominations…

6-23-2023 Newshound/Intel Guru Walkingstick [via Frank26] To be a member of the WTO Iraq has to collect taxes from its citizens…they have to describe how the exchange rate is determined and whether or not the currency is convertible and tradable and if their foreign exchange rate is freely able to use for trade and make payments with it.

6-23-2023 Newshound Guru Pimpy Article: “Source The budget law reaches justice and publishes it in the official Gazette next week” The Gazette is like the official record keepers of Iraq. The Gazette is usually responsible for keeping a copy of all the information and records as time goes on.

6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying Iraq has finished all the requirements for joining the WTO. Saying all financial agreements reached and Iraq is planning to join the WTO FRANK: This is monstrous. What are the requirements to join the WTO? …You do not have to have an International exchange rate to be a part of the WTO but it’s very encouraging to see they want to join because the financial requirements are part of the monetary reform. And to join the WTO is the first steps to go international.

6-23-2023 Intel Guru MarkZ [via PDK] We are hearing the budget will be in the Gazette on Sunday or Monday…Getting all kinds of back and forth on it. What we do know is it will be published for the people very soon. There is not much news…I think they are being quiet on purpose…here at the end…That is exactly what I am being told…that they are cracking down on leaks and I should expect to see “quiet”…I take the quiet as an exceptionally good sign.

6-23-2023 Newshound Guru Clare “Source: The Budget Law has reached Justice and will be published in the Official Gazette next week” Quote: “The budget law has reached the Ministry of Justice and will be published in the Official Gazette (Al-Waqa’eq) next Monday, June 26, to enter into force.”

6-23-2023 Intel Guru RayRen98 [via Babysmom] MOST RECENT ANTICIPATED OPENING RATES…DONG .47…DINAR 3.81…

6-23-2023 Newshound Guru Militia Man The president of the republic is old news. He ratified the budget on the 21st…It’s a turning point for Iraq because the 2023-24-25 budget is ready to go to law, is likely to go to the Gazette…Ratification is amazing. Everybody should be jumping for joy because an end result is going to come from it…

6-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television news is saying the recent rise in the dollar rate of the parallel market is only temporary and the dollar exchange rate will drop very soon. FRANK: If the American dollar exchange rate drops, what happens to the Iraq dinar exchange rate? It’s going to go up…hopefully 1 to 1…the Iraqi dinar is going to go up and very soon. FIREFLY: It can’t be soon enough. We wait and wait and wait.

6-23-2023 Newshound/Intel Guru Mnt Goat The saga about the Iraqi dinar RV only gets better and better. 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…but the CBI told me from their experience in the past they are not going to advertise the process at the end anymore until they are absolutely sure and are implementing it. Integral to the RV is this project to delete the zeros…Are the newer notes already printed? Yes, they are printed and in the vaults at the CBI…they are not yet in the ATMs and so we wait. One cannot happen without the other.

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