Iraqi Dinar Guru opinions 7-29-2023
Iraqi Dinar Guru opinions 7-29-2023
7-29-2023 Newshound Guru Jeff Article: “Parliamentary finance sets the date for the entry into force of the budget provisions” They’re saying the budget will be implemented in the next few days. I will disagree with this article and say it can’t, because right now is not the correct period of time for the budget to be able or eligible to be implemented. More time is needed for the budget. The Article says next few days, I’m going to dispute it IMO say nope, nothing will happen this week or next week with the budget.
7-29-2023 Intel Guru Frank26 THE NEW NATIONAL EXCHANGE RATE FOR THE NEW NATIONAL CURRENCY OF IRAQ…BELONGS ONLY TO THE CBI BOARD OF DIRECTORS TO GIVE TO ALAQ THE GOV OF THE CBI… TO GIVE TO THE IRAQI CITIZENS!
7-29-2023 Newshound/Intel Guru Mnt Goat Am I going to…give you what I heard from the CBI myself this week. Nope!…Until I see stronger evidence of a move by the CBI and not just words I will keep it to myself. But I will say this – they told me it is soon not years away!
7-29-2023 Intel Guru Bruce [via WiserNow] we have seen where Iraq the Iraqi dinar has been trading up and up and up. Very very pleased with where the rate is showing on our front banks screens – the dinar and I’d say last several days, the Vietnamese Dong is also trading up into a decent range.
7-28-2023 Intel Guru Frank26 Question: “Are they going to take the three zeros off of the 25k note? Are they going to take the three zeros off the exchange rate?” When you delete the three zeros from the official exchange rate of the Iraqi dinar with the CBI you automatically remove 3 zero currency notes from the street… .00085791 something like that this morning, if you take that decimal point and move it to the right three time you remove the three zeros. You’ve got about $0.86 cents, round off to a dollar…
7-28-2023 Intel Guru Frank26 That’s the whole project…They don’t take a pair of scissors and cut the three zeros from the 25k note…Electronically they remove the three zeros from the exchange rate which in turn stops the citizens from using the three zeros notes because the exchange rate does not work with 3 zero notes. What does this new exchange rate work with? The new lower denoms. The 1, 5, 10, 20…100…
7-28-2023 Newshound Guru Paulette Question: “Has there been any word on the HCL possibly being resolved yet?” I have not seen anything on the HCL for years, only the Oil and Gas Law between Baghdad and Kurdistan. Did you not see that they finalized agreement and signed MOU’s…?? This will be the final basis for the Oil and Gas Law!! DONE!! DONE!! DONE!!
7-28-2023 Intel Guru MarkZ [via PDK] They told us they are at least going 1 to 1 as a bare minimum. I still expect considerably higher.
7-28-2023 Intel Guru Bruce [via WiserNow] …we heard from a very, very high military source that is well connected to this process. He is telling us that we could get notified between now let’s call it…tomorrow and Monday, the 31st…We could get notified over the weekend. But it might not be until the 31st or the first which is Monday…get started on Tuesday, the first… I think we’re all going to be very happy campers at the end of this month. And at the very beginning of August and I’m excited about that.
7-28-2023 Newshound/Intel Guru Walkingstick The plan is to de-dollarize Iraq as much as possible. They’re doing a very good job.
7-28-2023 Newshound Guru Militia Man …There’s a rate that’s being involved…to all these allocations that they’ll need for this ’23, ’24, ’25 budget, that hasn’t been exposed yet…We believe they are not going to go into an international market at 1310. If they could have done it already they would have done so…
7-28-2023 Newshound Guru Samson Article: “The Central Bank of: Issuing a new denomination for the national currency is not on our agenda at the moment”. …The Deletion of the zeros project still exists…
7-28-2023 Newshound Guru Jeff A very important article came out today that is very critical and important to the rate change. Article “Parliamentary addresses to Al-Sudani calling for changing the head of the Central Bank” This is a very important critical step for the rate change…
7-28-2023 Intel Guru Frank26 The CBI is talking about the American dollar… Look, stop using it. If you stop using it you don’t have to worry about the exchange rate of the American dollar verse the Iraqi dinar…The value of the American dollar will drop like a meteor in the ocean. If you stop using the American dollars…the value of the dollar will go down and the value of the Iraqi dinar will go up.
7-28-2023 Intel Guru MarkZ [via PDK] “The Text of the Baghdad-Kurdistan agreement on the implementation of the budget.” This is a massive move forward and it looks like they have worked through the last of the HCL hold up stuff. Money and agreements- looks like things are moving.
7-28-2023 Newshound Guru Clare Article: “Parliamentary address to Al-Sudani calling for changing the head of the Central Bank (document)”
7-28-2023 Newshound/Intel Guru Mnt Goat The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday, measures that will contribute to the stability of the exchange rate, and…he also pointed out that the new proposed 20k note has been dismissed from printing…we do not wish to expand the current categories, because the project to delete zeros still exists… All we can do is sit tight and wait. It is coming soon and this is yet another good sign that the new governor Ali Alaq is on the reform side and wants what we want.
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