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Official Central Bank of Iraq (CBI) Dinar Rate:1190 IQD to 1 USD Dinar Market Rate:(CBI last reported 9-18-2018)1207 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES New to the Iraqi Dinar? Start Here: Biggest Dinar Myths & Secrets Exposed
Dinar Guru "RV" Meters
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Dinar Gurus who feel Dinar will RV within days...
26% Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
74% Dinar Gurus' Official Master List of Possible Major " To Do's ":
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
31% |
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9-21-2018 Newshound Guru chattels Abadi appears to be making a last ditch effort to rally support, despite him announcing last week that he would not cling to power following a decree by Grand Ayatollah Ali al-Sistani that Iraqis shouldn’t support politicians who have recently been in power.
9-21-2018 Newshound/Intel Guru Mnt Goat Even with the current US sanctions against Iran we see the immediate necessity to change over to dinar and use it with their middle eastern trading partners. But to do this will mean reinstating the currency to the global markets/exchanges. ...Don’t you think the CBI would have done it by now if they could. ...But if they begin down that road of launching the lower, lower category notes they need full assurances that the approvals will not be yanked again in the middle of the process and the PTB will actually do their part too and complete the reinstate part of the process. Can you see why the CBI hesitates? Without the reinstatement the entire process fails and the newer lower category notes become worthless on the streets. Billions spent on this effort would be worthless. [post 3 of 3] 9-21-2018 Newshound/Intel Guru Mnt Goat ...The CBI is playing it very safe. The governor...this past weekend told us that there are still STABILITY reasons as to why they are not moving ahead with the project to delete the zeros. ...this process is a calculated process and takes time to set up events ahead of time and work its way to the reinstatement. It is NOT something you just decide to do today and they trigger it tomorrow. One event is the launching of the lower, lower smaller category notes and coins. This must be gradual. Right now their obstacle is having a STABLE government that will support the needed laws to coincide with the monetary & economic reforms for this purpose. [post 2 of 3....stay tuned] 9-21-2018 Newshound/Intel Guru Mnt Goat ...the big questions now is this – will the CBI do away with the currency window altogether and then just let the banks loan out the money? But what is the purpose of the currency auctions anyhow? They are to convert the dinar to US dollars to use to pay for imported goods and services. This process was done as part of the monetary sanctions by the IMF put on Iraq. Why do they still need to do this? Technically they don’t. Iraq has been free of all monetary sanctions for some time now. So why is the CBI still operating in the process? [post 1 of 3....stay tuned] 9-21-2018 Intel Guru Bruce ...Don’t they want the rate out? Yes, they do, but guess what the holdup has been? They have a number of people in Iraq, bad guys, that are still needing to be picked up, arrested, and dealt with. They have a limited amount of time to do that. They have been doing it, but they need to complete that. That is why they haven’t put it out in the Gazette and why it hasn’t been completed in our point of view. It has to do with the arresting and handling of those arrests. 9-21-2018 Intel Guru Bruce Is Iraq still in the equation? The unfortunate answer is Yes they are. They are still a factor. They have been given an ultimatum today by our administration to have all this stuff done meaning temporary election, their CBI up and out with the new rate, to have HCL talked about and discussed and put out in the open. All these things dealing with Iraq is to be done. The ultimatum is for this to be done by Monday. Iraq has said they expect everything we just talked about to be in the Gazette on Saturday. That is their normal publication date. It could be in sooner digital. It should be in the Gazette on Saturday. 9-21-2018 Newshound/Intel Guru Arthur [...if the equation is and always has been GOI + HCL = RV then why did we not get the RV 6 months ago when they had it?] Because IMO, until we actually see documented proof that all the citizens in all the 19 provinces (especially Kurdistan and Basra) are being paid a percentage of the oil revenues, there has not been a full blown activated and, most importantly, IMPLEMENTED Hydro Carbon Law (HCL) in Iraq. It has been activated on and off for years, but IMO never fully implemented, the implementation (along with the new GOI) of which IMO will be a major trigger point for whatever we've been waiting on all these years. Get caught up on last night's updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list. Click here to get on the list now.
9-20-2018 Newshound Guru Walkingstick ...The lower denomination/s and or coin/s will be not put into circulation, arbitrarily... Prior, to the release ...of any, bank note/s and or coin/s into circulation... Iraqis/ we will, read of ...it will be in print...The when, why, exchange -rate, description/s, photos of...etc...
9-20-2018 Newshound/Intel Guru Mnt Goat Oh – did the CBI governor himself just tell us also in Monday’s press release that he needs STABILITY to go ahead with the “project to delete the zeros”? So what is this needed STABILITY? This is why I keep saying, that if the Iraqi political environment does not become stable again, by at least mid October, we are going to be in for a longer haul for any RV and it may overflow into 2019... All I can say is Haider al-Abadi better get re-elected as the prime minister as this is our best chance and hope of limiting this time line to the reinstatement... [post 2 of 2] 9-20-2018 Newshound/Intel Guru Mnt Goat Article quote: “THE NEED TO ACCELERATE THE ENACTMENT OF LAWS THAT SUPPORT THE RECONSTRUCTION AND STABILITY OF IRAQ”. ...this is coming from the newly elected speaker of parliament. More proof, yet more evidence of why I keep saying about certain laws that must be in place an implemented prior to any RV for stability reasons. Just because the CBI does not come out and specifically say what these laws are, does not mean they are still not needed… [post 1 of 2....stay tuned] 9-20-2018 Newshound Guru Adam Montana [...since the USA and Iran are not in very good terms,is it possible that Iran can undermine the RV knowing it will have a big impact on American citizens? Why is it taking so long to implement a new P.M.?] I'm sure they'd love to, but their power is limited. No concerns there in my opinion. "Why" is it taking so long to implement a new PM? It's Iraq. : ) 9-20-2018 Newshound/Intel Guru Arthur The equation is and always has been GOI + HCL = RV. As of this moment we are in a place where we have neither. And neither do we yet have an RV. That is it in a nutshell. Many things activated but not as yet implemented. Still an I to dot and a T to cross. This could all still happen within any 24 to 48 hour period. I have from a good Washington source Mr T is pushing for some time shortly prior to the mid terms. As usual patience is a virtue. 9-20-2018 Newshound/Intel Guru Mnt Goat ...first let me say I did not give a 2019 timeframe...I did say that if this reinstatement of the Iraqi dinar, as a result of the project to delete the zeros, does not get moved ahead by mid October 2018 we can expect a long ride that may overlap into 2019. Why do I say this? ...I am saying this now for two very important reasons: 1) Just as the CBI director himself just told us in the latest news media press release that there must be certain conditions to exist. Again BIG emphasis on STABILITY. BIG emphasis on the correct ENVIRONMENT; 2) the blast of economic and financial sanctions about to hit Iran in early November and spill over impact into Iraq. You don’t think this will impact the STABILITY of Iraq if the CBI does not RV by then?... |