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Official Central Bank of Iraq (CBI) Dinar Rate:
1166 IQD to 1 USD
Dinar Guru "RV" Meters
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Dinar Gurus who feel Dinar will RV within days...
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
Dinar Gurus' Official Master List of Possible Major " To Do's ":
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
12-22-2014 Newshound Guru Millionday [i think you said that the reality rate is with the payment of the dfi funds...?] THEY STATED THAT THE DFI FUNDS WILL HAVE THE EXCHANGE RATE IN IT AS PLAIN AS DAY. THE FACT THAT THEY HAVE STATED THEY ARE WORKING AROUND THE CLOCK TO HAVE THE BUDGET IN PLACE BEFORE THE END OF THE YEAR-- WOULD SAY TO ME THAT IS THE ONLY THING OTHER THAN IMPLEMENTATION ACCORDING TO...A FORMAL DOCUMENT FROM THE IMF DIRECTLY. [post 2 of 2]
12-22-2014 Newshound Guru Millionday THE BUDGET IS ACTIVELY BEING DISCUSSED AND BEING COMPLETED. THEY ARE WORKING TO KEEP THEIR PROMISE/GOAL. THE BEST PART >>> It is said that the Deputy Prime Minister by Araji announced on Saturday (20-12-2014) that the general budget will be adopted, transmitted next Monday. SO...WE WILL SEE IF IT IS HANDED OVER. [are you still of the mind that the reality rate is with the 2015 budget?] ...THE REASON I SAID THAT WAS DUE TO A REPORT WE HAD THAT STATED THE THREE ZEROS WERE NOT PART OF THE 2015 BUDGET. [post 1 of 2....stay tuned]
12-22-2014 Intel Guru Frank26 [Is this something we should be concerned with? Being that they are now outside of the 2% IMF compliance spread between the market rate and the CBI rate?] IMO...No. Pressures of The Market causes the rate to fluctuate in a negative way. Besides, IMO, 2% will kick in once the RI/ RV has been permanently established. IMO, This 2% is among a long Conga line of things waiting for a new rate ...Just like You and I.
12-21-2014 Newshound Guru sczin11 all this continued talk about FLOAT, MANAGED FLOAT...FIXED, VARIABLE, ETC...EVERY CURRENCY IN THE WORLD TRADES ON THE CURRENCY MARKET, AKA FOREX! just LIKE THE STOCK EXCHANGES, FOREX TRADES ARE BASED ON A BID /ASK OR BUY/SELL RATE...THE RATES CHANGE WITH EACH BUY ORDER AND SELL ORDER... THEY ARE CONSTANTLY GOING UP AND DOWN...ALL THE EXCHANGES HAVE AUTOMATIC HALT MECHANISMS THAT STOP TRADING ON A STOCK OR COMMODITY OR CURRENCY, IF DAILY CHANGE IS MORE THAN A CERTAIN PREDETERMINED per cent depending on the particular exchange rules. THE RATES FLOAT, NO MATTER HOW YOU LOOK AT IT...
12-21-2014 Newshound Guru Kaperoni [Market rate at 1217 today , Dec 21.] ...bad news. Guess Article VIII is a ways away. All we can do is wait and see what the CBI says during the month of January after parliament starts passing laws. A Market Rate of 1217 is way out of compliance to around 3.5%. So what that means is we lose compliance and the last 20 days. Clearly, until the CBI can hold within 2% as required under Article VIII no exit is coming. This is a setback no matter how you look at it. There is a real chance we are not going to see anything with the dinar for several months or longer. Sorry for the bad news.
12-21-2014 Newshound/Intel Guru BGG Iraq is showing a sense of urgency and being accountable to the "world powers" - IMF, WB, etc, etc... [THINGS MOVING FAST IN DINAR WORLD?] big time.
12-21-2014 Newshound Guru Millionday LET ME SAY SOMETHING... ABOUT THE RATES...THERE ARE RULES AND COMPLIANCE WITH THEM...IF THEY COME OUT AT A MANAGED FLOAT THEY ARE NOT ABLE TO MOVE MORE THAN 2% IN EITHER DIRECTION. THE PRICE OF THEIR CURRENCY IS AS A PRODUCT. IT HAS TO BE PRICED FAIRLY AND SOLD HONESTLY. A MANAGED FLOAT WOULD MAKE MORE SENSE WITH ENTRY TO THE GLOBE AS THEY ARE AND THE ENTRY TO THE GLOBE WILL BE AT A RATE OF VALUE THAT IS NOT IMPOSED BUT WILL BE A REALITY RATE...HOWEVER DUE TO THE MASSIVE CONTRACTS -- I CANT IMAGINE NOT HAVING IT AT A MANAGED FLOAT MEANING HELD BY 2% IN EITHER DIRECTION.
12-21-2014 Intel/Newshound Guru Poppy3 ...KUWAIT RAISED THEIR RATE TO JUST OVER $9.00 FOR 6 DAYS TO QUALIFY FOR THE LOAN...ONCE THE PAPERS WHERE SIGNED THEY DROPPED IT BACK TO $2.83 AND IT HAS NOW RISEN TO $3.58. THATS WHY I TELL PEEPS TO STAY VERY ALERT BECAUSE THE TIMING CAN BE VERY IMPORTANT. THEY MAY HAVE CHANGED LAWS SINCE THEN TO PREVENT THIS HAPPENING...ONLY TIME WILL TELL. [post 2 of 2]
12-21-2014 Intel/Newshound Guru Poppy3 ...UP UNTIL ABADI TOOK OVER AND ALL THE DISCOVERIES OF FRAUD, THEFT, MURDERS, ETC. AGAINST MALIKI, IRAQ WOULD HAVE NOT NEEDED A LOAN BUT THEY HAVE NOW PLACED THEMSELVES IN THE SAME POSITION AS KUWAIT AND NOW HAVING TO GET A LOAN MAY BE BENEFICIAL FOR US PERTAINING TO THEIR INTRO RATE. [post 1 of 2....stay tuned]
12-21-2014 Intel Guru Bulldog75 IMHO, WE SHALL SEE THE SWEETNESS OF LIFE AND HOW WONDERFUL LIFE IS, VERY SOON. THE NEW YEAR IS A NEW LEASE ON LIFE. NUMBERS ARE NOT REALLY IMPORTANT AT THIS POINT. BUT IF YOU REALLY MUST KNOW, 3.33-11.11 ARE PRETTY GOOD.
12-21-2014 Newshound Guru Kaperoni Article: "Central Bank: We support the private sector continuing to provide foreign exchange requirements" Quote: "He called on the International Monetary Fund and the Central Bank of Iraq to take measures towards the gradual liberalization of foreign exchange offer through auctions held by the Bank in order to ensure non-recurrence of turmoil experienced by the financial market in the past year." ...sure sounds to me that they are gearing up for Article VIII...CBI release.
12-21-2014 Newshound Guru sczin11 Iraq has NEVER STOPPED PUMPING OIL! Let us not mix up, quantity of oil pumped, with the strength and power Iraq is, in relation to the rest of the world! Oil is traded in petro dollars, NOT Dinar. We are seeing much news and blame on NO BUDGET, DUE TO WORLD OIL PRICES! I SAY, BS! DR SHABIBI STATED A LOT OF THINGS, MOST IMPORTANT IN MY MEMORY WAS OIL NOT CRUCIAL FOR OUR GLOBAL MARKET.
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12-20-2014 Intel/Newshound Guru Poppy3 BEEN REVIEWING THE NEWS FROM THE LAST FEW DAYS. ...WE ARE ABOUT TO SEE THE RESULTS OF ALL THE WAITING AND ALL THE UPS AND DOWNS. HOPE YOU ARE ALL READY FOR THIS EVENT...AND BY THE WAY THEY ARE IN NUMEROUS MEETINGS TODAY IN IRAQ SO ANYTHING CAN HAPPEN.
12-20-2014 Intel/Newshound Guru Backdoc WITH OIL FINDING A BOTTOM FOR NOW, MAYBE IRAQ WILL SETTLE ON A RATE FOR THEIR BUDGET, THEN THEY CAN EXIT STAGE RIGHT, RIGHT INTO A NEW RATE!
12-20-2014 Intel Guru TNT Tony Everything we were expecting on Friday and Saturday has been completed, positioned. We are just waiting. I will tell you he (Guru DC) is excited. Absolutely think this thing will come to pass this week. . If nothing changes we should have a super fantastic Christmas. We don't know the exact moment...hour...Everything is super positive. Absolutely everyone is preparing for you to exchange next week. Dinar Rate as of this morning is $3.58. Rupiah unchanged at $1.05. Rates set at all the banks. Iraq has authority...Should be sometime over this weekend.
12-20-2014 Intel Guru Jester [It may actually happen!! If you hear it i believe it's possible!] IT IS NOT POSSIBLE... IT IS INEVITABLE...IS ONLY A MATTER OF PATIENCE AT THIS TIME... IT HAS GIVEN ME A CERTAIN SENSE OF CALM TO KNOW WE ARE IN THE RIGHT PLACE IN THE RIGHT TIME AND WHEN IT COMES WE ARE DONE...WE ARE CLOSE I BELIEVE... I AM TOLD EVERYTHING IS READY TO GO... JUST WAITING ON THE TIMING...WHEN I AM TOLD EVERYTHING IS READY... FROM SEVERAL PLACES AND WITH ...INFO COMING IN FROM PLACES THAT IT DOES NOT USUALLY COME IN FROM.... THEN I AM CAUTIOUSLY OPTIMISTIC THAT THINKS ARE ABOUT READY TO ROLL... [post 2 of 2]
12-20-2014 Intel Guru Jester NO ONE... AND I MEAN NO ONE... HAS BEEN PAID ONE RED CENT YET... THERE ARE PLENTY OF PEOPLE THAT WERE PROMISED PAYMENTS... AND THEY TOLD PEOPLE THEY WERE DONE... BUT THEY WERE NOT... THEY NEVER GOT THE MOOLAH... THEY MAY BE HOLDING SKR'S OR WHATEVER... BUT THEY HAVE NOT GOT THE MONEY TO BUY A STARBUCKS YET...THE FIRST OF THE YEAR IS COMING UP FAST... REMEMBER WE SAID THE LAST TIME WE HAD TO SWITCH DOMINOES THAT THE FIRST OF THE YEAR TO THE 15TH OF JANUARY LOOKED GOOD... SO KEEP YOUR EYE ON THE BALL HERE... [post 1 of 2....stay tuned]
12-20-2014 Newshound Guru Millionday THEY ARE GOING THROUGH THE CURRENCY TO BE PREPARED. THE DAMAGED WILL BE TAKEN OUT AND REMOVED WITH THE OLDER AND TORN ONES FOR CIRCULATION. CBI IS COMPLETELY READY. ...SALEH STATED THE BEGINNING OF THE YEAR IS THE BEST TIME FOR ALL CALCULATION AS WE ALL KNOW. [sounds like we will have 4 years to exchange...?] WITH THE UN APPROVING THE KUWAIT AGREEMENT ON THE POSTPONE WE NOW SEE THAT FOUR YEARS MAY BE THE TIMELINE FOR THE EXCHANGE GLOBALLY WITH THE DINAR EXCHANGE. [post 3 of 3]
12-20-2014 Newshound Guru Millionday THEY ARE WORKING FAST ON GETTING ALL LEGISLATION IN PLACE TO ACTIVATE THE BANKING FOR THE PRIVATE SECTOR THAT IS NEEDED FOR THE COUNTRY`S ECONOMIC ENTRY TO THE GLOBE AND ITS PRIVATE SECTOR...THIS IS EXPECTED AND VERY IMPORTANT. [Given the price of oil, is it still realistic to think that this will happen before the end of the year?] THE PRICE OF OIL HAS BEEN TAKEN INTO ACCOUNT WITH THE BUDGET AND ALL TO DO WITH THE ECONOMIC REFORM IN IRAQ AND ALSO IN KUWAIT ETC. I DONT HAVE A DATE OR RATE. [post 2 of 3....stay tuned]
12-20-2014 Newshound Guru Millionday THEY ARE NOW MOVING THE REALITY OF THE IRAQI DEVELOPMENT AND MOVING ALONG WITH ALL IN THE WAY OF IT BEING DEPENDENT OF ALL IN ITS DEVELOPMENT -- THIS IS MEANING THE ACTUAL LEGISLATION FOR THE ECONOMIC REFORM FOR IRAQ AND ITS ADVANCEMENT...THIS IS MAJOR. [ i feel like we've heard this before, is this majorly different now?] THEY ARE IN A COMPLETE DIFFERENT POSITION THEN THEY HAVE EVER BEEN -- WITH THE APPROVAL OF THE UN FOR THE KUWAIT DEBT CHANGE AND THE MANY REFORMS READY TO GO. [post 1 of 3....stay tuned]
12-20-2014 Intel/Newshound Guru Poppy3 I AM SO EXCITED NEWS FOR THE LAST MONTH GAINING STRENGTH IN WHAT WE ALL WANT ALONG WITH EVERY OFFICIAL SOURCE SAYING THE END IS UPON US WITHIN DAYS.
12-20-2014 Newshound Guru Kaperoni It has been stated that the dinar is "grossly undervalued" by various economists inside and outside Iraq. That being said, the proper term is a "correction" to the rate once the CBI moves to Article VIII and a new Exchange Regime. So yes, we certainly could see some sort of "correction" occur that would bump the dinar. What that "correction" is I have no idea. Keep in mind through, that the CBI uses their tools to control inflation within Iraq..one of which is raising the value of the dinar. So as investment capital comes into Iraq, economic activities increase, etc. the CBI will raise the value of the dinar to counter the inflationary pressure created. [post 3 of 3]
12-20-2014 Newshound Guru Kaperoni [...would this also rule out even the thought of a lop?] ...it certainly seems that way...yes. ... over the last few years many have asked why would they do that? for one...Banks are in this to make money. And the process of floating a currency includes the central bank daily buying and selling blocks of currency (in this case dinar). So to me it would make no sense to RV, since the CBI can make a lot of money off commission as the dinar rises. As well, Saleh stated some time ago, that the dinar would be held around the world for a very long time. This clearly implies our dinar eventually will find its way into the forex system and will eventually end up in various central banks around the world...Who will use the dinar (as it rises) to solidify their own currency and economies. [post 2 of 3....stay tuned]
12-20-2014 Newshound Guru Kaperoni Article: "Central Bank's (et): there is no corruption in the process of switching the currency" ...if any kind of "overnight RV" was in the works they would not be issuing new large 3 zeros replacements. This article goes to prove there is no "overnight" event this month, next month or even longer. What it does say is...we are replacing the notes so our citizens have some nice dinar to use for many months to come. Which IMO supports a gradual appreciation! ...when it comes down to the exact details of currency reform nobody knows until it happens, but this investment is much more than one event. [post 1 of 3....stay tunewd]
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