Iraqi Dinar Guru opinions 9-27-2022

Iraqi Dinar Guru opinions 9-27-2022

9-27-2022 Newshound Guru Samson Article: “The central bank reveals a new denomination of the currency and is working on issuing a digital one” Quote: “the Governor of the Bank, Mustafa Ghaleb, said, We are working on a new currency, a category of 20 thousand dinars…We will start announcing the new category after completing its requirements…He stressed that there is no intention to reduce or change the exchange rate of the dollar against the Iraqi dinar.”

9-27-2022 Intel Guru MarkZ [via PDK] [Any dong news?] …they are waiting on Iraq as well. Still being told around $2.25 for the value. [Are you still hearing $4-$6 dollars on the dinar?] Yes.

9-26-2022 Intel Guru Frank26 Question: “Are the satellite banks still on schedule for opening around the end of the month?” Yeah. Give it into the first week of next month too. BTW because they open those banks does that mean that it would be a new exchange rate? No. Because American citizens can use it as well too. When the new exchange rate for the Iraq dinar comes in, their main focus will kick in. The main job of these satellite banks is to collect the three zeros that are hidden.

9-26-2022 Newshound Guru Samson Article: “Iraq ranks 11th globally and fourth in the Arab world among the cheapest countries in the world at gasoline prices” Quote: “The report indicated that “Venezuela ranked first in the world with the cheapest country in the world for gasoline at a price of 22 cents per liter, followed by Libya at 30 cents, and then Iran came third at 53 cents.” He also noted that “the most expensive countries in the world at gasoline prices were Hong Kong at 2.967 per liter, followed by Zimbabwe at $2,750, and then Iceland at $2,270.”

9-26-2022 Intel Guru MarkZ [via PDK] The bond markets are in the middle of its worst decline since 1949. We are also watching the bond market implode. This is what we told to look for guys, at the end of this… The chatter is so overwhelming that exchanges are starting by Wednesday. Stay calm while we watch things happen over the next 24 hours. Again stay calm…we have heard this before.

9-26-2022 Newshound Guru Kaperoni In order for the Iraqi dinar to go up in value Iraqi needs to have a government, have parliament pass the needed legislation to encourage investment, then diversify their economy. As the GDP and the country’s economic success grows, so will the dinar. And of course the longer this political stalemate continues the longer it will be will there before there will be any growth in the economy or change in the exchange rate.

9-26-2022 Newshound/Intel Guru David M. Witty Iraqi parliament to convene on Wednesday to vote on accepting resignation of speaker of parliament.

9-26-2022 Newshound Guru Pimpy In order for anything to happen to a currency like the exchange rate change, you need stability in your country. But what if your currency doesn’t just rely on the stability of your country but as well as others. Anybody holding on to Iraqi dinar right now…if you think the exchange rate is going of change anytime soon it’s not. Even if Iraq gets on track it’s not going to happen right away…

9-26-2022 Intel Guru MarkZ [via PDK] [Mark, can you address if Iraq has their new rate and if we are in a wait of 3-7 days?] …my contacts in finance in Iraq have gone very quiet. I think the 3-7 days may be accurate at this point…but I can’t verify it yet… I think this is going to be one of those weeks where we are minute to minute for news. We will be watching it non-stop…

9-26-2022 Intel Guru Frank26 I’m looking forward to the government being announced…if we have a seated government, golly. Let’s open up all the private banks around the world for the CBI…and then the dinar would just have to float. It hitches a ride with the dollar at 1 to 1 but then it de-pegs from it and it will determine if it wants to go in a basket at that time or not. I really don’t know if they will but they probably will when they mature it to the $3+ range and that won’t take long. Everybody wants to take this pretty girl out on a date…

9-26-2022 Newshound Guru Samson Article: “Parliamentary Finance: Reconsidering the dollar exchange rate is subject to political auctions” Quote: “Committee member Jamal Cougar told {Euphrates News} that “the issue of reconsidering the dollar exchange rate is not within the competence or powers of the Finance Committee, but it is related to the country’s financial policy and therefore it is affiliated with the executive body and from the executive body, and it is an exclusive issue related to the Ministry of Finance and the Central Bank.”

9-26-2022 Intel Guru Fleming They have had a new rate, they just haven’t published it…they have various reasons why they aren’t doing it…

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