Iraqi Dinar Guru opinions 7-18-2023
Iraqi Dinar Guru opinions 7-18-2023
7-18-2023 Intel Guru Frank26 I know they were supposed to open the budget…with instruction and they did not. Once again I say who cares. We know the cha-cha-cha of this dance. The Middle East does not have a watch. They use a sundial and it just take a little longer to develop…
7-18-2023 Newshound Guru tlm724 Article: “Parliamentary Finance Hosts The Governor Of The Central Bank To Discuss The Exchange Rate Of The Dollar” Quote: “After approving the budget and fixing the exchange rate of the dollar at 1,320 dinars, there will be a hosting of the governor of the Central Bank and his advanced staff next week in the Finance Committee to discuss the issue of the exchange rate.” He added, “The committee will discuss with the governor about the bank’s plan. ” In maintaining the exchange rate.”
7-18-2023 Intel Guru MarkZ [via PDK] In Iraq: Listing shares on the Iraqi stock exchange… Iraq is pushing electronic companies to be on the stock exchange. Why is this important? Because it forces another level of transparency. They will be responsible to shareholders and shareholders will be able to see what they are doing…and that they are doing things honestly and legitimately. Imo this is pretty big news coming out of Iraq…and they are prepared for this. They have modernized banking and squashed corruption.
7-17-2023 Newshound Guru Pimpy I know they have been approached by the BRICs but you’re not going to see them go because the IQD and Iraq is still under sanction and restriction by the United States government. Not to mention we hold their gold and we hold their foreign asset reserve. So no they’re not going make that move. I wouldn’t worry about it, not at the moment…
7-17-2023 Newshound/Intel Guru Petra What is stopping them from moving forward? …yes, the rate…AND…Sadani’s integrity with the people, as well as Alaq and his position as “independent” from the GOI…With the article indicating the Parliamentary Finance Committee recommending that the Budget to be released on the 18th is a “message” to Alaq to move on the rate!
7-17-2023 Intel Guru MarkZ [via PDK] …My finance ministry connection in Iraq is very excited. We are getting reports that they did indeed put the budget into effect today. And we will see those articles all over the papers tomorrow morning. He says this was an enormous, key piece that needed to be done before they could change the value. Overall still positive stuff. Nothing negative. I don’t have a great idea on timing but they still are looking between the 15th and the 18th…If this is accurate tomorrow should be a wham bam day…
7-17-2023 Newshound Guru Kaperoni Question: “US [IQD] paper holders should be able to exchange in the US for US$ at some point in the future?” The dinar is a currency of a country therefore it has monetary value that can be exchanged at any time at its current value. Any alternative process is unknown…
7-17-2023 Intel Guru Frank26 All we are looking for is when is it going to happen…I have no idea when it’s going to happen but I’ve never seen it poised the way it is right now…
7-17-2023 Intel Guru Wolverine Guys we are closer than I can say at the moment. It is all confidential hush-hush things are quiet right now but everything is looking good. That’s all I can say.
7-17-2023 Newshound Guru Militia Man Iraq has been destroyed and war torn. They are going to need the IFC (International Financial Corporation)…Their main business is taking countries to the private sector. It’s phenomenal. Anybody that says, ‘This will never happen. Is not going to happen. It’s a scam.’ They’re misled. That’s all there is to it. This country is going international…
7-17-2023 Intel Guru MarkZ [via PDK] For the implementation of the budget…I am still waiting for an update out of Iraq. My last report on Saturday afternoon was they were expecting the “go” yesterday on the budget. It is already approved…just needs to be put into affect with all the money moving where it is supposed to. My finance contact over there thinks this is a serious key piece before they change the rate. So we are watching it. There is a lot of pressure from the Iraqi people on the government to release these budget funds……this is a good thing.
7-17-2023 Newshound Guru Jeff Everybody’s…focusing on releasing of the the budget monies. They are under the assumption that releasing the budget monies brings forward the rate change. I’m sorry but it doesn’t work that way. There’s other steps that have to happen that introduces the rate change.
7-17-2023 Newshound Guru Pimpy Article: “Parliamentary Finance likely to launch budget funds after July 18″ So here we are. We’ve passed the budget. It’s made the Gazette and still they have not allocated out the money.
7-17-2023 Intel Guru Bruce [via WiserNow] …we have information that says we are in a window… We’ve been told by some of our redemption center people that this could happen at any time…
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