Iraqi Dinar Guru opinions 7-10-2024

Iraqi Dinar Guru opinions 7-10-2024

7-10-2024 Newshound Guru Militia Man I think when they say, “Whose operations are constantly expanding in favor of dealing at the fixed official exchange rate”, is an argument suggesting that instead of being a floating currency…they’re leaning towards a fixed official exchange rate for some time…

7-10-2024 Intel Guru Frank26 The float will bring the IQD to the real effective exchange rate and then it will be capped. IMO 1.32 is still not enough. Why? Because the parallel market is extinct IMO. $0.76 does not suffice.

7-10-2024 Newshound Guru Sandy Ingram The dollar has gained over the dong 4.31% since the beginning of 2024.

7-10-2024 Intel Guru MarkZ [via PDK] “Vietnam targeting Q3 GDP growth of 6.5%-7%, inflation below 4.5% PM says” And this is just the third quarter. They are obliterating the US…this is big…and they are under pressure to raise their exchange rate.

7-9-2024 Intel Guru Frank26 Question: “During the float how much time will pass between each float as the amount increases?” We’re looking at anywhere from 3 to 6 months. But if they are generous we may be looking from 6 months to a year. I pray that’s the case because if they don’t give us at least 3 months, if they give us one month, we’re not going to be able to take advantage of the float.

7-9-2024 Newshound Guru Pimpy Be careful of the hopium. I said this and I’ll say it again, the value of the Iraqi dinar will increase but there’s a possibility it might not happen the way you’re being told…

7-9-2024 Newshound Guru Militia Man Iraq has been and is seeking to join the World Trade Organization…Iraq is promoting self-sufficiency. Why? Because they have all kinds of assets. They have inputs and outputs. They have so many natural resources that they’re going to be able to make things, to be able to have excess…There’s a working party on accession of Iraq [into the WTO] on the 18th of July. That’s important.

7-9-2024 Intel Guru RayRen98 IT IS BEING REPORTED THAT AN “ATTEMPT TO RELEASE” WAS UNSUCCESSFUL EARLIER TODAY… STANDBY…WHEN WE HEAR MORE, SO SHALL YOU.

7-9-2024 Newshound Guru Buckeyetree “The dollar system is a thing of the past.” Sudani a while back told Iraqis to keep your dinars because the dinar will be stronger than the US dollar, that is, more valuable. IMO, so many will be affected in a good way from the reinstatement except for Iran and the politicians, no more stealing via the auctions which is a good reason not to delay further. IMO, the new lower notes with security features will be very pretty.

7-9-2024 Newshound Guru Clare Article: “Iraq is the fifth largest economy in the Arab world and the 52nd largest economy in the world” Quote: “The magazine indicated that Iraq ranks fifth in the Arab world after Saudi Arabia, the Emirates, Egypt and Algeria.”

7-9-2024 Intel Guru Frank26 The international community already has seen the new exchange rate. IMO the international community is satisfied and happy and anticipating for what is about to happen. It is not a secret.

7-9-2024 Intel Guru MarkZ [via PDK] Question: Mark…did you state yesterday that Iraq has a new rate – just not released yet? That is what I was told. I was told they have the rate…and they will activate it soon.

7-9-2024 Newshound Guru Sandy Ingram Iraq has the the largest foreign currency in the country’s history. I has also amassed a small fortune in gold and made significant strides in developing the country.

7-9-2024 Newshound Guru Pimpy Community Comment: “The CBI is going to wait until they’re forced to increase their purchasing power.” No. The CBI is going to wait until it’s necessary to increase the exchange rate. Just because everybody out here that owns Iraqi dinar feels like it should be done and they want it done today doesn’t mean it’s going to happen. They have to do what’s right for the Iraqi people.

7-9-2024 Newshound Guru Militia Man Article quote: “The fixed exchange rate system in Iraq is based on an international reserves base is the highest in the history of Iraq…Foreign currency covers more than 100% of the total currency issued.” Even the trillions, they have enough reserves to do that. In other words if they change the exchange rate to something that’s strong, that reflects the true fundamentals of the country, they shouldn’t have any problem. Their model is stable, secure…very little inflation. They’ve been successful doing this model…

7-9-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television was interviewing Sudani and asked him about the reforms and about the progress of the economy. He says we are stronger than ever and all projects are poised. He says the delete the zeros is still on the table as Iraq moves forward. FRANK: It’s encouraging to see Suandi repeat once again the same words…That means you’re about to see it…He says the project is still alive…I’m excited that they talked about a fixed rate rate verses a float…They could float at a fixed rate and cap it very quickly. I’ve got a feeling that’s exactly what they’re going to do.

7-9-2024 Intel Guru Wolverine [via Judy Byington] “It has started. It is a process hopefully completed by the 20th. I’m hoping to get the Green Light in a few days.”

dinarguru.com