Iraqi Dinar Guru opinions 9-18-2022

Iraqi Dinar Guru opinions 9-18-2022

9-18-2022 Guru Nader From The Mid East Article: “CBI sold +1.2 billion in forex last week”. This has got me confused a little bit…Says CBI sold 1.2 billion on Forex last week…I try to call a couple of times people who works for Forex and ask them if we can invest or buy or sell Iraqi dinar and they says no. And now this article comes out and says the CBI sold 1.2 billion last week?…somebody please explain it to me because I don’t get it.

9-18-2022 Intel Guru MarkZ [via PDK] Question: Can Iraq reinstate its currency today and then later RV under the gold treaty? We have been told that is a possibility. That would be the NEER rate (nominal effective exchange rate) but, I haven’t seen that discussed in a long time…

9-17-2022 Newshound/Intel Guru Mnt Goat I know for many of you things seems hopeless for your investment. But I can assure you they are not hopeless. We will see a major shift soon in the USA and this will impact the foreign policy of the USA towards Iraq . It may take until the end of the year to catch up so don’t expect anything until at least January 2023…Things are going to change and the future is very bright for Iraq.

9-17-2022 Intel Guru Frank26 The generation that’s there for the last 20 years they’ve never seen a currency of their own. The generation before them 30-40 years old don’t even live in Iraq . They ran away and that’s why there’s so many banks that are being established around the world to take care of all these Iraqis. The Iraqi dinar is going to become a pivotal currency. It’ll be a currency hub Iraq – Baghdad . Everybody knows. The Middle East knows it…

9-17-2022 Newshound Guru Samson Article “Al-Kazemi’s advisor: The foreign exchange reserve represents real monetary stability for the country” Quote “Saleh said, “All indicators confirm today that the country’s foreign exchange reserves, which amounted to about $85 billion, including gold, are at a high level of efficiency and represent real monetary stability for the country.”

9-17-2022 Guru Nader From The Mid East I think the first week of January they gonna launch the 2023 budget and the good news the rate it’s in it. But I don’t know what’s the rate. The rate is in it…

9-17-2022 Intel Guru MarkZ [via PDK] [Guru Mnt Goat: “The new lower denominations that we are looking for are not yet in circulation.” ] [reference Mnt Goat post 9-16-2022] …I am told they exist by a number of folks that work in the finance ministry..

9-17-2022 Newshound Guru Kaperoni If the dinar is ever going to go up in value it will be the result of Iraq building a private sector diversity economy. But only if they pass laws, encourage investment, and diversify away from oil. A country’s currency exchange rate is never a random act. It’s based on economic growth, GDP, etc. Only with the success and growth of Iraq’s economy can the dinar go up in value.

9-17-2022 Newshound Guru Pimpy We’re closer now than ever before to a civil war over there in Iraq… Article: “Iraq is Nearing the Brink of a Shiite Civil War” …until all this crap is settled you’re not going to see any changes whatsoever in the Iraqi dinar. We see they’ve done a lot of great things for the Iraqi dinar – more gold. More foreign currency asset buildup but if they’re going to have a civil war, the country is going to be unstable. This is not good.

9-17-2022 Intel Guru Frank26 Article: “High foreign reserves of the Central Bank of Iraq” yeah! Very high! …because the gov of the CBI controls the auctions, increasing foreign reserves instead of decreasing them by having Iran steal them. I love it.

9-17-2022 Newshound Guru Samson Article: “The World Council: Iraq is among the Arab countries with the most gold reserves” Quote: “Iraq still maintains its 30th position globally with the largest gold reserves out of the 100 countries included in the international financial statistics for global gold reserves and for the second month in a row after purchasing 34 tons in the month of June, when these reserves amounted to 130.4 tons, which represents 9.5% of the remaining his other currencies…”

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