Iraqi Dinar Guru opinions 7-24-2023

Iraqi Dinar Guru opinions 7-24-2023

7-24-2023 Newshound Guru Samson Article: “Baghdad The exchange rates of the dollar against the dinar rose to unprecedented levels for months…” The dollar is “losing its mind” and is accelerating upward. Customers of “banned banks” flock to the parallel market…

7-24-2023 Intel Guru Bruce [via WiserNow] …the funds that are moving for us…are in place at the banks. They did disseminate the funds from Treasury to have them available for us to go in for exchanges…our understanding is that everything, as far as we know is ready… rates are going up. We did get an update…and the rates are the least of your worries. Don’t worry about it. They’re gonna be fine…

7-24-2023 Intel Guru MarkZ [via PDK] It was fairly quiet over the weekend. Finally got a message yesterday from a redemption contact that just said “working today” and nothing else. Are they preparing for us or just doing stuff for wealth management? I know in some locations they are setting things up after construction with cubicles…that I find interesting… I’m sure you guys have seen that all over the news, on facebook etc…that many banks are switching to more “wealth management” services.

7-24-2023 Newshound Guru Clare Article “The Baghdad and Erbil stock exchanges closed at a new high in dollar prices” Quote: “News agency reporter said that the dollar prices rose with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, to record 153,700 Iraqi dinars against 100 dollars, while the prices this morning were 151,650 dinars against 100 dollars.”

7-23-2023 Newshound Guru Militia Man Do we believe they’re gonna fund projects at 1310 to 1300 or even 1320? Absolutely not. I don’t think anybody believes that because the math doesn’t work.

7-23-2023 Intel Guru Frank26 When the dollar rate goes down the dinar automatically goes up. It’s reciprocal. It’s the opposite. It’s a teeter…totter. It’s equilibrium to balance things out…

7-23-2023 Newshound Guru Kaperoni Until Iraq diversifies their economy, gets away from oil dependence, becomes an exporting country, nothing is going to happen with the dinar. But they now have a 3-year window to accomplish this. So we watch and wait.

7-23-2023 Newshound Guru Militia Man Article: “Prime Minister Mohamed Shia Al-Sudani confirmed on Saturday that the development road project will turn Iraq into a country open to the world.” It sure looks like the the PM is set to take Iraq into the international world of business and commerce. The “Development Road Project” is no small task. It is going the be a regional and global issue from here on out…

7-23-2023 Guru Nader From The Mid East We’re going to be the first one in the world/biggest seller in the world of oil. We can tell you we’re gonna own the most gold. We can tell you we’re gonna own the most reserve…It’s true but the true story is are we sovereign yet? We are not. You know what you do? You gotta ask your government to give us our sovereignty 100% and you’ll see things will change any minute.

7-23-2023 Newshound Guru Walkingstick The HCL is a number of laws within a law…there are many parts and they all equal a new exchange rate. The new exchange rate is the reason for the proper distribution of the proceeds to the citizens from the HCL rights. The distribution of the HCL is a line item. The New exchange rate is a line item…

7-23-2023 Newshound Guru Militia Man Allocations and budgets, they go first. A new exchange rate goes second. It can be within a very short period of time.

7-23-2023 Newshound Guru Clare Article: “Al-Sudani: We are in the process of preparing the second round of urban projects and preparing them for investment” Quote: “The development path project will transform Iraq into a country open to the world…”

7-23-2023 Intel Guru Frank26 Back in October of last year I said there would be IMO possibly 3 rate changes. I don’t know what they’re doing but they’re pairing the Iraqi dinar with many currencies around the world and that pairing is bringing the Iraqi dinar on an international stage, not fully accepted yet, but greatly appreciated…

7-23-2023 Newshound/Intel Guru RVAlready IMO we now wait on one guy, Alaq, at the CBI. This is in his hands now…the RV is completely his responsibility…The RV in Iraq does not require anything. Alaq revalues the Dinar and releases the lower denoms. Nothing to do with the budget…I think we will see this very soon. I think everyone wants the RV before Aug 1. Most folks think this weekend.

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