Iraqi Dinar Guru opinions 8-7-17
Iraqi Dinar Guru opinions 8-7-17
8-7-2017 Intel Guru Frank26 As we SHARED …IOO …The 1 to 1 is next as it transitions from GOI books to Employers’ books.
8-7-2017 Intel/Newshound Guru tman23 They at some point need to lift the 3 zeros and the CBI gave the green light March 2015 to begin…Then Alak said although ready, not until they had control of Provinces…WHICH THEY DO NOW!!
8-7-2017 Newshound Guru Breitling A lot of people are talking about the IMF. Don’t read into this hype. What the IMF is doing is they gave loans to Iraq. The reality is the IMF is making sure that the money is fine and if they get to a situation where they are mismanaging and they can’t pay the IMF back for the loans…the IMF gets management rights. That’s it. And guess what? Iraq has not even been close to being at that stage. They pay their bills. They have plenty of money to pay their bills. It has nothing to do with if it’s going to revalue tomorrow or an indicator. Everyone get’s loans. I know millionaires who get loans.
8-7-2017 Newshound Guru Enorrste Article: “Abadi heads the first meeting of the Higher Committee for Investment and Reconstruction” What is amazing about this article is that Iraq is broke! How could they be announcing large investment projects unless they expect the money to come from foreigners? And, if the money has to come from foreigners, how would those investors take the risk unless the dinar is internationally recognized and tradable? Conclusion: open the dinar to the world!
8-7-2017 Intel Guru Bluwolf Main Source still holding on to the point of the high alert. As they also are holding on and awaiting the signal.
8-6-2017 Newshound Guru Kaperoni Article: “Saleh: Iraq’s sovereign bond issue {Euphrates}” Quote: “He pointed out that the important thing in this issue is the confidence of investors in the Iraqi economy…” I do not know a lot about bonds, but this seems to me to be great for Iraq. It will kick start many stalled projects, as well as send a signal that foreign investment investors are ready to participate in Iraq. No time to waste.
8-6-2017 Newshound Guru Kaperoni Article: “A slight rise in the exchange rate of the dollar on the stock exchange and its stability in local markets” Quote: “The price of the dollar against the Iraqi dinar rose slightly on the Kifah Stock Exchange in Baghdad, while prices stabilized in local markets on Sunday (6 August 2017). Kifah stock exchange – Baghdad 125.800, while prices for Friday was 125.700.” Just a reminder on the math..1207 or less is within 2%. 1255 is about 6%.
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