Iraqi Dinar Guru opinions 9-2-19
Iraqi Dinar Guru opinions 9-2-19
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go…the economic reform has been sitting and waiting for the financial reform to be official…you get those two in and every company will pour into Iraq to rebuild it…
9-2-2019 Newshound Guru Kaperoni It’s funny how the gurus keep saying over and over that there will be no float, but yet Iraq is doing everything to prepare for a float by building a market economy and encouraging private investment. If we are ever going to get any financial gain from the dinar it’s going to come from a float, meaning the currency appreciates gradually over time thus allowing the Central Bank of Iraq to collect the currency in circulation.
9-2-2019 Intel Guru Delta Article quote: “The Teller can now trade demo and educational through the application to participate in the stock exchange, and send the name of the exchange company and mobile phone and the name of the person authorized to deal in the stock exchange on e-mail or communicate via WhatsApp to get the link to the program.” HUGE INFO IN…NEW SOFTWARE TO BUY AND SELL FOREIGN CURRENCY…
9-2-2019 Newshound Guru larrykn …I’m not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190…but even if it did, I don’t think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don’t like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-1-2019 Newshound/Intel Guru Mnt Goat Article: “COINED MONEY SERVES INTERNAL BUSINESS DEALINGS” Quote: “The change of currency means that a new currency will replace an old currency, with a fixed exchange rate and the zeros of the old currency will be removed or the decimal levels are moved to the left,” he said. for financial trading to support the national economy.” …this article is NOT about moving to FOREX, not yet. So, when they do change the rate it will be fixed. They can not put the program CBI rate on a float. They have told this many times…
9-1-2019 Newshound Guru Jeff How is Iraq going to fund this? There is no funding in this. It’s a currency swap. Nothing more. It’s real simple. In the beginning you traded US dollars to get dinar. On the back-end you’re going to trade dinar back in for US dollars. No body is funding a damn thing. It’s called a currency swap…there is no “funding” of anything. It’s a currency swap. This doesn’t cost Iraq a damn thing to do…
9-1-2019 Newshound/Intel Guru Mnt Goat Article: “NEWS: ON IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION (WTO).” Yes, Iraq will need a currency to join the WTO. Oh – but they have a currency now. But can it be used easily in trade? NO! That is the problem here. This is why they need to reinstate it. So they DO NOT need to be on FOREX but it sure helps in trading globally to be able to tie into the currency exchanges electronically to get the current exchange rate for the conversion…
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