Clare – Dinar Guru    THE BUDGET HAS BEEN APPROVED. THE 3RD VOTE IS A FORMALITY THAT WILL MAKE IT LAW.  WHICH THEY ALSO REFER TO AS APPROVAL, BUT IT REALLY MEANS MADE INTO LAW- TO IMPLEMENT.  IF THEY WERE NOT GOING TO AGREE TO PASS IT INTO LAW, IT WOULD’VE BEEN SENT BACK TO THE COM… WHICH IT NEVER WAS.  THE PARLIAMENT SESSION WAS SUPPOSED TO END ON THE 9TH OF MAY – THEY ALREADY EXTENDED THE SESSION TO HAVE THE 3RD VOTE ON THE BUDGET AS PER ARTICLES.

Yada – Dinar Guru  Now the UN, IMF, US, World Bank, and even the CBI know the GOI can no longer stop the process. Best analogy would be the pitcher has sent the pitch and it is on the way to being received by the catcher. Pitcher is Iraq and the catcher is the rest of the world. Iraq can no long stop it, out of their control...I strongly believe we are in the last weekend of being broke…

Mountain Goat – Dinar Guru   Article:  “SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER”  I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.”

MarkZ – Dinar Guru   Question:  Is this our week Mark?  MarkZ answer:  Even though I keep getting egg on my face…I do believe this could be our week.

BGG ~ Who cares?!? He’s already “gotten egg on his face” 21,000 times!!

Does ONE MORE REALLY MATTER??

THIS IS REDNECK CLICKBAIT.

Deepwoodz – Dinar Guru    …Why choose 1310 at all? Doesn’t compute in my mind…They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they can’t make an equal jump back…because they don’t want to yet. So what are they waiting on? And if you think de-dollarize, wouldn’t making your currency more valuable (with the IMF’s consent) instantly cause all the citizens to forget the dollar?

Clare – Dinar Guru  Article: “In the presence of Al-Sudani and Al-Halbousi.. The state administration sets a date for resolving the budget discussions”  Quote:  “May 10, 2023 as the last resort to resolve discussions on budget items…The meeting was attended by the Prime Minister, Speaker of Parliament and all leaders of the coalition.“

Samson – Dinar Guru  Article:   ”Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.”

Deepwoodz – Dinar Guru  …We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town...the fact that he is quiet now only means whatever made him leave is still in effect.  Now we have a lot of promises, but do we really? Parallel rates? 1310?  So they took a mile and are giving back an inch. No wonder Iran isn’t causing any more trouble. They don’t have to…All I want to know is why 1310.

Pimpy – Dinar Guru  There seems to be a lot of stalling happening when it comes to the budget and I’m wondering if they’re just waiting to see what the United States is going to do as far as the Central Bank Digital Currency is concerned.  Are they just waiting for the United States to move into the CBDC?  Because if they’re supposed to be the currency that they use then guess who else has to go into the CBDC’s.  Everybody else over there…

CANDYKISSES – Guest Guru   TODAY IS A HOLIDAY IN IRAQ…”Iraq suspends official working hours on Monday on the occasion of Labor Day … The Iraqi Prime Minister, Muhammad Shia’a Al-Sudani, directed the suspension of official working hours on Monday, May 1, coinciding with International Workers’ Day.“

Clare – Dinar Guru  Question:  “Are they saying the vote before or after their vacation?” Clare Answer:  PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH… BUT NOW  PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED.  HOPEFULLY THAT GIVES THEM INCENTIVE TO HURRY UP & SCHEDULE THE 3RD VOTE.  BUT THEY ARE DEFINITELY WORKING ON THE NUMBERS.  Question: “But we’ve been told/lead to believe, that the BUDGET WAS DONE?” Clare Answer:   IT IS DONE … THEY HAVE TO GO THROUGH THE FORMALITIES IMO ONLY.  THEY’VE HAD TWO READINGS ALREADY…

Militia Man – Dinar Guru  They’re saying the dollar is going to continuously decline because of this new budget.  So prior to that new budget which is expected in the coming days, we should see something happen that could be in our best interest…

Docmagee94 – Guest Guru  Here is a partial list of the Strongest Currencies in the world right now, and their value to USD.  Enjoy the top 4 if you will: 1. Kuwati Dinar – 1 KWD = 3.26 USD. 2. Bahraini Dinar – 1 BHD = 2.65 USD. 3. Omani Rial – 1 OMR = 2.60 USD. 4. Jordanian Dinar – 1 JOD = 1.41 USD.  IMO, Iraqi Dinar could soon be in the top 10, if not top 5, most valuable currencies in the world.  And what do they all have in common?  Backed by assets.

Paulette – Dinar Guru  I have watched the Market Rate for almost 15 years.  IMF Article 8 compliance requires no Multi Currency Practice.  A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8.  Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate.  The new verbiage of “Parallel Rate” has made this seem as a new issue …Saleh has now stated this twice recently.  The real question is how long must they maintain the 2%…90 days.  I never saw this printed in Article 8….  Considering all we are being told, I don’t accept the 90 day theory.

Clare – Dinar Guru  Article:  “The value of the dinar in the parallel market increased by 5% since the beginning of the month”  Quote: “The Governor of the Central Bank, Ali Al-Alaq, said earlier this month that the central bank is on alert to restore the exchange rate of the dollar to its normal position…“

Militia Man – Dinar Guru  I suggest if in fact they do what they say they’re going to do, ‘We’re going to do it soon’, ‘We’re going to do it in weeks’, ‘We’re going to do it in days’, ‘We’re going to do it now’, ‘We’re going to do 1.5 times.’  By that equation that Al-Sudani is giving you, not me…if that holds true what they’ve done is they have adjusted the rate again to squeeze the black market…

Yada – Dinar Guru   The parallel rate…is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there was a variance between the two.  Since the official currency in Iraq is now the dollar [dinar ?] and illegal to use dollars, the street vendors are forced to play fair or use the same rate as the CBI…the parallel rate is flattened in Kurdistan whom always operated at a higher standard than Baghdad.   Now the rate will go international and that is what we’ve been awaiting

Frank26 – Dinar Guru  Article: “It is imminent.. a major disaster befalls the dollar“…

Deepwoodz – Dinar Guru 1320 does not help the citizens. Neither does anything closely resembling 1320, 1190, 1160, or even 1000. Nor do any of these numbers inspire confidence in a national currency. Sudani has said repeatedly that the dinar is stronger than the dollar. You citizens, hold on to your dinar.  None of this is confusing.  The float you seek is closer than you think in my opinion. Also, there is a lot in the 1 – 1.5 ratio that was mentioned earlier this week.

Militia Man – Dinar Guru  Al-Sudani the Prime Minister has said hold your dinar because they’re going to be stronger than the dollar… When they say they’re going to make it to be 1.5 times it means that the 1310 official rate is no longer going to be the official rate.  They’re going to adjust it 1.5 times…  .000763367 is going to be .001 or close.  That means 1310 becomes 837 real close.  As they do that it creates an environment that the dollar becomes less valuable to the dinar…it’s going to be harder and harder for the black market…It’s coming to a head…the black market is going bye-bye.

Samson – Dinar Guru  Article:  ”Advisor to the Prime Minister: The parallel price of the dollar will drop to the official one very soon“

Dallasdude – Dinar Guru   They have clearly stated numerous times they intend to come out in the 1320 range…the real question is how long will they stay there…I for one would not be surprised if it’s for the remaining year…hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out…1320 helps the citizens a little but not us…its all about the time frame between the 1320 range  and the 1 to 1 float that I seek..

Pimpy – Dinar Guru  Article: “Parliament finance reveals the deadline for approving the budget”  the deadline has now been pushed to the end of May.  So not only do we still not have a budget processed for this year, it’s going to be past four months going into five months before they even vote on it…Iraq’s economy could be so much stronger if they would just hurry up and get this damn budget approved.  Now mind you, this is for 3 years and that’s a good thing.  So come on Iraq get this budget passed so you guys can start benefiting and growing the economy even quicker.

Militia Man – Dinar Guru  It’s getting a little bit quiet in the news…It’s an indicator that quiet time sometimes is good…Al-Sadr is being quiet…he’s for the people…riots in the streets…we don’t have those anymore…He’s not yacking that means things are going good..

Breitling – Dinar Guru  What is Iraq’s #1 goal?  They’re sitting so good it’s unbelievable because…their goal is to get more customers, sell more products…Think Iraq Inc. the company.  And there is nothing but multiple doors in front of them.  They can do it in oil.  They can do it in natural gas.  They could even do it in gold if they wanted to.  They can trade in the US dollar.  They can trade in other currencies.  They can build a massive foreign currency reserve with other currencies.  They don’t need the US dollar.  They want it because we’re the big boys on the block…But they can trade in other currencies.  It will diversify them.

Militia Man – Dinar Guru  Al-Sudani said, ‘now’.  That is a very key point to where we’re headed.  He comes back a little bit later and he said the dinar is going to be a little bit stronger.  He implies 1.5 times.  Be careful how you think about that.  Some of the folks out there seem to think that means it’s $1.50 but…he’s talking about the official exchange rate – 1310 [which equals approximately] .00076336…But when he says 1.5 times that’s a totally different equations because currencies are valued by reciprocals…what’s 1.5 x .00076336? Turns out to be about .0015405…

Mountain Goat – Dinar Guru   A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the official price, indicating that transfers are currently taking place in an easy and accurate manner, after the agreement with the American side.  It is a slow decline but it is happening.

Breitling – Dinar Guru  What is Iraq looking at?  They’re looking at more customers.  They want to sell more product and have more customers.  That’s it... Iraq and the Middle East are changing their financial strategy/business plan on how to gain more customers..

Mountian Goat – Dinar Guru   In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar…

Sandy Ingram – Dinar Guru   Participate in one or more of the low-cost investment options so that you are building wealth while we wait on the Iraqi dinar to revalue, float or go digital.  It is important to keep the doors of investment open.   Once you train the mind to expect wealth it will come.  Your subconscious mind will never ever let you down.  Be careful of your thoughts…