Iraqi Dinar Guru opinions 7-31-17
Iraqi Dinar Guru opinions 7-31-17
7-31-2017 Newshound Guru Enorrste Article: “Hakim meets with Governor of the Central Bank of the economic reality and the reconstruction of the liberated areas” What is clear to us all is that nothing of any consequence is going to happen without large foreign investment. The damage is too great. Furthermore, foreign investment won’t occur unless the dinar is internationally accepted. Therefore it appears clear to me that they are preparing to open the dinar to the world.
7-31-2017 Intel/Newshound Guru tman23 The fact is Iraq is going to lift the 3 zeros at some point in time, and the speculation is on how the 3 zero notes will be treated at exchange…The IMF has gone to great lengths to protect the CBI reserves…it is for that reason I have confidence that the currency will be honored…at what cost to us is another question…should we be required to use a dealer to exchange it back to the CBI…
7-30-2017 Newshound Guru Enorrste Article: “Governor of the Central Bank of Iraq: expect economic movement in the next stage” …this is opening the door to foreign investment. Quote: “noting that “Iraq will be able to attract foreign investment because of the stability of the security situation and increase the number of investment opportunities.” Therefore…we should expect the dinar to be opened to the world market very soon. There will be no foreign investment without an internationally tradable currency.
7-30-2017 Intel/Newshound Guru tman23 The Kurds are applying a force…For years foreign interest has been wanting to do business in Kurdistan, even Kuwait said they prefer to do business their first…Kurdistan has over 50 foreign consulates who are NOW set up in the region…The point to be made here is…Kurdistan will explode with growth, revenue, and investments…foreign dollars will pour into the region…Baghdad plays games with the oil BUT the oil will become second in no time and they won’t have control…as the dollars pour in the IQD will be booted to the curb UNLESS the zeros are removed and it has value… The CBI certainly does not want that to happen…THE KURDS ARE OUR FRIENDS!
7-30-2017 Intel Guru Delta The International Monetary Fund has called on Iraq to make fundamental adjustments in its economic and financial sectors, especially the banking sector, which needs to restructure and new policies in line with the reforms called for by the Fund as a condition to support Iraq.
7-30-2017 Intel Gur Daz [new gazette but no budget…] there are two “gazettes” in iraq i think…one is a newspaper…and the other is called “iraqi facts”…the latter is similar to our congressional record and is a reporting of the ministry of planning, a gov entity. amy changes in currency would likely be part of the latter as well as a primary report.
dinarguru.com
