Militia Man – Dinar Guru They’re publicly making it known to everybody inside the country to start repricing in the dinar. What else can you say? Something’s coming. Something’s up. They’re already in the dinar per se at 1310, are they not? Why reprice? Well because the change is coming.
Sandy Ingram
Sandy Ingram – Dinar Guru We cannot confirm yet. We are being told that ALL shop owners in Iraq have been ordered to price and sell all goods in Iraqi dinars at the rate of 1310. This may be a good thing.
Mountain Goat
Mountain Goat – Dinar Guru …The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the dinar reaches at some point close to 1000 rate after comparing to the parallel market, they fully intend to drop the three zeros and begin issuing the newer lower denominations
Breitling
Breitling – Dinar Guru You don’t need as much oil as you did back in the day. Everything is becoming more and more and more efficient. They see that trend. That’s why Iraq doesn’t want to be in that $0.30 range and depend on energy. They need a currency that supports the foundation for their energy markets and they also need a currency that can help them invest in completely different sectors so they can diversify. That’s why they want it way above the $0.30 average that everybody else has in that region…they want to go a lot higher than that…my strategy is up to a buck. Beyond that I don’t know.
Nader
Nader – Dinar Guru All we need is 1000 to 1. If we were 1000 to 1 believe me a week later we’ll be 1 to 1. So wait for 1000 to 1. It’s coming soon.
BGG ~ ^^^^^^^^^^^^^^^^^^^ Redneck CLICKBAIT!!
Pimpy
Pimpy – Dinar Guru Article: “Sudan Advisor: Central Bank succeeded in Increasing the strength of the dinar and began to approach the parallel price” This is good news. We like for them to continue to strengthen the dinar…this is awesome news. That what you want to hear. Let’s hope Iraq continues to do exactly that – strengthen the Iraqi dinar.
Mountain Goat
Mountain Goat – Dinar Guru The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market…The first step is for the parallel rate to match the CBI rate of 1132…we don’t know, and even the CBI does not know, how long this change will take…Saleh also stated that at the same time, the rate of the dinar is supported by large foreign currency reserves, which are the highest in the country’s financial history. All of these factors are gradually shrinking the gap between the two prices…
Sandy Ingram
Sandy Ingram – Dinar Guru VND exchange rate increase against the US dollar. Article: “Financial experts say Vietnam’s economic growth to reach 6.5% in 2023″ The Vietnam dong is traded on the Forex market…the VND rate is going up up and up against the US dollar in the past several weeks. This means somebody on the Forex market made a profit. This is excellent news.
Pimpy
Pimpy – Dinar Guru Article: “First Deputy Speaker of Parliament calls for speeding up the preparation of a report on the draft budget law for its second reading” The way the Constitution works over there is you have a draft budget. It is passed down to the parliamentary… they make the recommendations and they send their draft budget back with the amendments to the committee. The committee reviews those… they turn around and sent it back to parliament…If they agree with them then they take a vote and the budget is passed…They’re getting ready to do their second reading. If there’s more changes they are going to recommend it will go back…
Clare
Clare – Dinar Guru Press Release: “The Central Bank of Iraq calls on the media and all relevant parties to be accurate in reporting news related to the bank and its monetary policy, and to adopt what is published on its official website in order to avoid misleading news that confuses the market in favor of foreign currency speculators.“
Sandy Ingram
Sandy Ingram – Dinar Guru …Millions of people believe the IQD will never amount to more than a penny against the USD, this is highly unlikely. For many reasons – economics, inflation or losing the country to a US dollar economy, these are all reasons why the Iraqi dinar will revalue, reinstate, float or go digital, and we know they have plans to go digital there is a mandate.
Pimpy
Pimpy – Dinar Guru Apparently they have a mechanism that’s going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing to give you 1750 dinars for every dollar that means there’s a shitload of Iraq dinars out there. In the past they used to spend anywhere between 1 and 1 1/2 billion dollars buying IQD off the open market and then they would destroy these currencies. Could they start going down that path again because if they do hang on to your currency because that sucker is going to shoot up in value real quick.
Militia Man
Militia Man – Dinar Guru What I believe is going on… they’re throwing two stones out in the water in a massive way and it’s going to have a rippling effect around the world…Iraq we feel is a linchpin that’s going to stimulate the economy…trading with other currencies, cross-border payments, all those things are happening right in front of our eyes…history is basically going to be written about this because Iraq is going to be very very wealthy. They could write this in tablets of gold. I really do believe that…
Clare
Clare – Dinar Guru Article: “Al-Sudani’s advisor sets a date for the dollar’s stability and says: The Americans are impressed with our government” Quote: “Al-Shammari, in a televised interview followed by Ultra Iraq, defended the decision to reduce the exchange rate of the dollar to 1,300 dinars by the Sudanese government, and said that “if the exchange rate had not changed, we would now be on the cusp of two thousand,” meaning 2,000 dinars per dollar.
Mountain Goat
Mountain Goat – Dinar Guru Article: “THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS” We have waited for this news for a very long time. ...I told you the day will come when they have to ban all dollar sales from citizens meaning these street venders too. Now if you want dollars you will have to go to the bank and justify it and you will have certain quota limits based on reason that you can buy. WOW! this was fantastic news because over a short time these street venders will run out of dollars and then they can not manipulate the market anymore…This will seriously help stabilize the market which we need to go to the next step in the process…
Sandy Ingram
Sandy Ingram – Dinar Guru 3 Major Reasons People Buying & Selling Iraqi Dinars Online First…currency collectors and the Iraqi Dinar go hand in hand…Why? Believe it or not collecting foreign currencies is more than just a hobby, it can be profitable…Second reason…travel. More and more Christians and Muslims are traveling to Iraq. There is a spike in IQD sales…It is cheaper or easier to buy the Iraqi Dinars online rather then to wait and exchange in Iraq. The third reason is the same reason many of us hold the Iraqi Dinar. For investment purposes. Investing is a major reason people hold and use the Iraqi Dinar. Just like any other investment, there are risks involved.
Nader
Militia Man
Militia Man – Dinar Guru They’re apparently looking at this budget as a very sensitive one so that’s why they’re probably keeping it close to the chest…it looks like it’s actually front and center because of some of the words and language they’re using…”accelerating”… “expediting”…you get the picture they’re moving forward.
Pimpy
Pimpy – Dinar Guru Article: “Reserve currencies of the dollar as a store of value and secondary reserves in central banks”. This is pretty interesting article and it’s good if you own the Iraqi dinar… you’re going to see one way or another that currency increase in value.
Clare
Clare – Dinar Guru Article: “A new statement by Al-Sudanese about changing the exchange rate of the dollar” Quote: “al-Sudanese revealed today…changing the exchange rate was a basic demand, and it included a previous agreement between the government and the central bank with the Federal Reserve and the US Treasury. The agreement was not implemented within two years, and the two years ended with the start of our government’s work.“
Militia Man
Militia Man – Dinar Guru Four months ago they were talking about studying the possibility of introducing a 20k note. We believe that the language that they use is misleading…Many people do…They didn’t say they did they just said they’re talking about it as a possibility …they were talking about this 4 month [ago]…the 29th of November and they did it again [yesterday]…The belief would be that they’re not going to do that and they’ll maybe come out and say something to the affect that we decided not to do that but we’re doing this instead…
Clare
Clare – Dinar Guru Article: “The Central Bank announces the imminent issuance of a decision regarding the possibility of printing a denomination of 20 thousand dinars” Quote: “the central bank is amending and updating currency notes in response to market requests and developments and limiting counterfeiting,” noting that “the issuance and treasury department is working to study the possibility of printing a cash category of 20 thousand dinars, and in the coming days it will take action The decision to print or not to print…”
Militia Man
Militia Man – Dinar Guru Earlier today the Central Bank came out. Alaq says they have those 3 packages they launched to create an environment that stabilized the dollar exchange rate...he says the amount of reserves they’ve acquired from the oil sales is astonishing…about $115 billion…He’s basically stating those central bank reserves are within International standards. That’s a big thing…having a massive foreign reserves, plus the gold, it supports the value fo the currency and it brings on stability…
Clare
Clare – Dinar Guru Article “Al-Alaq: Central Bank packages contributed to the stability of the dollar exchange rate” Quote “Ali Al-Alaq, announced the stability of the dollar exchange rates after the three packages launched by the bank during the last period...The central bank’s reserves depend on oil revenues through the sale of oil, as it is the source of foreign currency reserves that come from Iraq’s oil exports. It is the main factor in determining the reserves,” noting that “the central bank’s reserves are within international standards.”
Sandy Ingram
Sandy Ingram – Dinar Guru The bank made an announcement that travelers in Iraq should come to the bank during business hours to exchange currency for U.S dollars. It appears the money shortage of Iraqi dinars is over especially since Iraq will be paying its debts to Iran using another currency other than U.S. dollars.
Samson
Samson – Dinar Guru Article: ”The U.S. Senate voted overwhelmingly…to push forward with legislation to overturn two decades-old mandates to wage wars in Iraq as Congress seeks to reaffirm its role in deciding to send troops to fight…The vote ended with a score of 65 to 28, more than the necessary 60 in the 100-member Senate, paving the way for a vote…”
Pimpy
Pimpy – Dinar Guru Is the IQD on life support? Yeah it is…Currencies around the world are being crushed right now by the US dollar. That’s a fact. Not to mention the fact that on the open market/black market rate…at one time was 1750 dinars. It dropped down to 1500 which is a good moment but…1300 dinars for every dollar is the official rate. I think one of the ways to combat that would be to continue to increase the value of the IQD. Move it from 1300 dinars for every dollar down to somewhere around 1050 dinars for every dollar. It’s a huge jump. It’s big. It’s not small. That’s big.
Militia Man
Militia Man – Dinar Guru In the final stage, what we’re expecting is the education of the citizens. On the street we’re hearing that the citizens have been told about new things that are coming and it has to do with their currency. Not money but currency.
Clare
Clare – Dinar Guru Article: “Advisor to the Prime Minister: Iraq’s economy is strong and moving towards improvement” Quote: “Salih reassured the Iraqis that Iraq’s reserves are sufficient and freedom of transfer is available through legal frameworks and compliance, as imports are made at an exchange rate of 1,300 dinars to the dollar, which gives strength to the Iraqi dinar… The central bank’s reserves today are around $115 billion, which is the largest reserve in the country’s history.”
Mountain Goat
Mountain Goat – Dinar Guru Article: “MINISTER OF TRANSPORT: THE GOVERNMENT’S VISION ASPIRES TO TRANSFORM IRAQ INTO AN INTERNATIONAL TRADE CENTER BETWEEN ASIA AND EUROPE” …I told you that Iraq is going to be a huge clearing house for the middle east between Asia (China) and Europe (EU). So here it is now in black and white from their own news media. Their words not mine…. No Rumors, No Hype, No Opinions…Just the FACTS! They can not possible continue with this approach with a program rate and not being an internationally traded currency.