Iraqi Dinar Guru opinions 6-7-2024
Iraqi Dinar Guru opinions 6-7-2024
6-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing Sudani is asking questions about 57 trillion that was left over from the ’23 budget and nobody seems to know where this money is…There is no end to the corruption. Obviously, our leader Sudani is protecting the monetary reform by not exposing the new exchange rate to these bad people. FRANK: 57 trillion dinars is missing from the budget of ’23? …Let’s pray that he can find that money because if I was Sudani I’m not going to release any exchange rate. I’m not going to do anything with the contracts.
6-7-2024 Intel Guru MarkZ [via PDK] “The UN sees progress in Iraq’s anti corruption efforts and lists recommendations..” The UN seems pretty happy with all the efforts you have made Iraq …here’s you “atta boy”…This is actually important to see all the sanctions going away and Iraq being free and clear to change values on the world stage.
6-7-2024 Intel Guru Bruce [via WiserNow] we had rates that were flashing on the bank screens over the weekend…Now, what has to happen is these rates that have been flashing need to come in and solidify and go hard green because if they’re flashing, you’re not going to be exchanging. But once they solidify and get to a hard green state…That’s when you know you’ve got a fixed rate to work with.
6-6-2024 Newshound Guru Deepwoodz They’ve changed the rate without budgets before. No reason they can’t do it at will. To start the float. The key here is the size of the budget and the international standards being applied along with the upgraded banking systems. They have a plan. Watch em work it. They appear to be pushing hard in the right direction.
6-6-2024 Intel Guru MarkZ [via PDK] Question: I missed what the estimates of the currencies rates were…Could you give a refresher? MarkZ: Noone knows for sure…but, the rumors…I have the most faith in are around $4 for the dinar…around $2.25 for the dong…We have seen rates for the dinar close to $5 recently and close to $3 for the dong on bank screens…we are not going to know the exact rate until we are exchanging…but we are hopeful those rates are close to accurate.
6-6-2024 Newshound Guru Militia Man Article: “The Iraqi budget is moving toward ‘publishing and disbursing’ without presidential approval” There is no need for the President to approve the budget schedules, as the Budget law was passed in June 2023. When it was approved then it allowed for the Government to amend the budget. The HoR gets to distribute the operational and investment expenses, allocations, and financial dues to ministries, institutions, bodies and government agencies in addition to disbursing to the governorates’ dues that are specified in the budget tables.
6-6-2024 Newshound/Intel Guru Walkingstick [Iraqi bank friend Aki – highest level banking meeting update] Sudani is putting contracts in place to be implement inside of Iraq. Sudani has been doing this with thousands of contracts. “In the coming days” is what they told us that these contracts will be fulfilled in IQDs for most of the budget’s projects…Those contracts will be fulfilled for their value but paid in IQD’s only.
6-6-2024 Newshound Guru Samson Article: “A parliamentarian challenges the budget schedules before the Federal Court.. Document”
6-6-2024 Newshound Guru Jeff The budget is unconstitutional and appeals have already been filed with the court. The court is going to step in, it’s going to be overturned.
6-6-2024 Intel Guru Bruce [via WiserNow] …we got some information from one of our sources in Iraq – Very powerful – spoke with Dr. Sudani, the prime minister of Iraq…He said that the rate on the dinar and the budget…had been handed over…to their official documentation to their official record…but… We haven’t had publishing in the gazette yet…the theory is that…once we have the Iraqi dinar out with a budget…in the printed version of the Gazette …we have a “Game Over”…
6-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV says the budget didn’t go to the president for signature but to the publishing in gazette…When the budget is in the Gazette it will go live. So that means a new exchange rate will come soon to correct that new budget because it can’t handle all of these projects at a program rate, correct? FRANK: That is correct. It is also the monetary reform plan of Dr. Shabibi.
6-6-2024 Newshound Guru Clare BUDGET SCHEDULES WERE NOT PUBLISHED TODAY [Wednesday]. THE GAZETTE COMES OUT ON WEDNESDAYS & SATURDAYS.
6-6-2024 Newshound Guru CharlieOK It would be very hard to have a “contract” if you don’t know what you are going to be paid. More than likely, the companies with the “contracts” already know what the rate is. The “contract” would have to be subject to an agreed rate certain, in order to be able to agree to an amount they will agree to be paid in consideration of their services.
6-6-2024 Intel Guru MarkZ [via PDK] … Sudani signed a cooperation agreement with the trade bank of Iraq and the German export credit corporation. If everybody thought nothing was going to happen in Iraq -then they would not be signing these extremely high level deals. You are watching them become a major player on the international stage. I found this one encouraging. One of the things they are going to need to be taken seriously on the world stage is the value of their currency. Vietnam is also running into that problem right now. They need to revalue up.
dinarguru.com