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Live New York Time
Live Baghdad Time
( Updated: )
Official Central Bank of Iraq (CBI) Dinar Rate:
1190 IQD to 1 USD
Dinar Market Rate:
(CBI last reported 3-20-2019)
1195.464 IQD to 1 USD
- Rates Are Within IMF 2% Rule: YES
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3-22-2019 Intel Guru MarkZ I hear that every bank will have their own 800 numbers…so I will be sharing multiple 800 numbers. Remember DON”T LET YOUR CURRENCY OUT OF YOUR SIGHT!!! ...IF THE WEEKEND IS ACTIVE AND THINGS EXECUTE...THEN TUESDAY MAY BE NICE DAY FOR US WE THE PEEPS...If I get big news - I will...maybe have another stream…if not I will update you all in the morning...I will be glued to the phone this weekend. [post 2 of 2]
3-22-2019 Intel Guru MarkZ I am feeling really good about this weekend guys...The rumors are that the RV will start late tonight…I am looking for possibly the trigger is pulled overnight on Saturday and then 800 numbers on Sunday. This makes logistical sense to me...My source in Iraq is expecting a rate change tomorrow….he says there is so much excitement in Iraq right now...Its not a question of "if" It's a question of "When"...if it doesn’t happen by tomorrow we are still at an anytime basis...I still think the back wall is April 1st…but I think it will be already done... [post 1 of 2....stay tuned]
3-22-2019 Newshound Guru Kaperoni [Does pegging the American dollar to the dinar make the dinar go up in value faster ?] When its pegged it can't go anywhere. The primary reason they do this is for stability which is a condition under IMF Article XIV.
3-22-2019 Newshound Guru larrykn I don't care how it comes out to be honest just come out...it would raise to how the investments come in. I don't think it would take forever to get to where we can make money. I find it interesting how Iraq is buying gold for their reserve. that would also help with their currency and stability. ...it has been a long road but they also have made a lot of progress too...not saying they don't have a ways to go but someday there will be a finish line. Hopefully not that far away, time will tell.
3-22-2019 Intel Guru Bruce [via PinkRoses] ...we know that things are happening to bring this to a conclusion. We know certain dates. We know certain things that are happening...we know even though the rates have been fluctuating somewhat over the last few days, they been moving up. The Dinar rate has been moving up. When the Dinar goes up in value, the Dong also increases...We know the Dinar rate is expected to be between $8 and $9 by tomorrow morning [Friday]. ...I believe it is known throughout the globe in many banking institutions that the RV...has initiated and it is moving thru, and it is coming to us. ...I am very excited about that...I am highly expectant to get some good news very shortly.
3-22-2019 Newshound Guru MilitiaMan ...we are in a very good place within the place we are in now with MRs. Add in Mahdi is in Cairo with Jordan tomorrow... Egypt and Jordan are huge trading partners. Is Mahdi getting accolades, from possibly what he did today the 21st of March at the beginning of Norouz holiday to end at the end of the holiday, just as the neighbor [Kuwait?] did in 1991? Well time will tell, but, be sure imo things are in alignment as far as I can tell...
3-22-2019 Newshound Guru Kaperoni ...two articles...confirm the plan for the currency as we have said for years. It will not RV or RI, but will gradually rise over time via float. These articles are simply stating that the government is going to begin to take action (like passing laws) which will have an effect on the CBI (and exchange rate). IMO, Still weeks maybe months. Exciting news for sure but this still takes time. First we need the laws, then the investors/investment, then pressure on the capital account at the CBI, then the float to offset that pressure. Remember...the CBI is in control of monetary policy. And the government is in control of activating investment/investors. The tool the CBI uses to combat inflation is to float the dinar. This all takes time.
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3-21-2019 Newshound Guru Breitling Iraq needs the price per barrel to be at $57 to pay for their economy. But to pull it out of the ground is much cheaper…they’re probably pulling it out of the group for $9 or $10 per barrel and then putting it on the market and the market price is $57.
3-21-2019 Newshound/Intel Guru David M. Witty Iraqi MP from Fatah Coalition says Parliament's schedule for next week does not contain a vote on vacant cabinet positions. However, he thinks there will be a vote in the following week. Still disagreements among political blocs about cabinet positions.
3-21-2019 Intel Guru ADMINBILL We will get there folks. ...The roll out started last week and continues today. It's kind of like rolling out a new carpet. Stays curled up at the end making it easy to trip over. It will be flat & usable soon enough.
3-21-2019 Intel Guru MarkZ [Iraq triggers the dong and other currencies? Basket of currencies?] They will all go at once…Iraq is just one of the biggest parts of the basket...
3-21-2019 Newshound Guru Breitling Question: What do the Iraqi’s need to finish for it to revalue? As far as legislation and policy absolutely nothing… I still don’t understand why they haven’t revalued or simply haven’t started adding value to it. I don’t understand that…the real price of the Iraqi dinar comes from the CBI. That’s all you need to know.
3-21-2019 Intel Guru Frank26 & Walkingstick With the cancellation of these contracts, and the rewriting of them, well there’s no doubt, yeah, we trapped them. We SEALED IT! For the rate to...show itself to us. ...if they do come out and pay us 300,000,000 dinars or 300,000 USD, well then they tipped their hat to us, that the rate is 1:1 that they are calculating with. Or they simply don’t care about the public knowledge of the reinstatement of their currency. Everybody knows what they’re doing. This financial action, is in the contract, is in the pay of the citizens that work for Walkingstick’s firm. For all his companies. For all the citizens getting paid. And it’s not a mathematical mistake. It is the reinstatement of the IQD, in the change of their exchange rate. And they will tell you when it’s official and when it’s done. As much as you can see and transparently right through it, as if it was casper the ghost. You know very well what’s going on. You just don’t know when they’re going to announce it. THAT’S IT!!! This reinstatement feels so close, you know why...? Because it’s not a secret. [post 3 of 3]
3-21-2019 Intel Guru Frank26 & Walkingstick ...Now, when they changed them, last week, WS [Guru Walkingstick] firms lawyers got involved, in the rewriting of the contracts. And what it boils down to is they use the wording in the contracts they have received to guarantee 1:1. The contract says very plain and simple: for example a $300,000 USD contract, when they pay us (WS firm) it is to be paid equivalent value of IQDs. They have two choices they can either pay us 300,000 American Dollars or they pay us 300,000 IQDs equivalent to American Dollars. And the only way they can do that is if they paid us at 1:1. These new rewritten contracts that still contain a 1:1 rate, are due to be paid to us in the next 5 days. If they do pay us to the equivalent of the American dollar, 300,000 IQD, then that’s the 1:1 that has been factored in to the redomination, into the revaluation, into their revaluation numbers...And time will tell us whether or not we painted them into a corner. ...But if they pay us 300,000,000,000 (billion) dinars, we know that they have not changed the numbers...We shall know by Friday. [post 2 of 3....stay tuned]
3-21-2019 Intel Guru Frank26 & Walkingstick [via Sunkissed] Remember the contracts that were presented to us on December 28, 2018... Those were 30, 45, 60, and 90 day contracts. They paid for the 30-day contracts. The more recent contracts on the 30 and 60 days have just been cancelled. They were just cancelled this week to be rewritten. They complied with some of the contracts. But they cancelled the big ones, the latest ones, but they were rewritten in the same manner. Will be paid at 1:1. When they cancelled and rewrote them, they kicked the can down the road. They rewrote them better. ...They were written in the same manner as the ones on December 28, to be paid in USDs, or the equivalent IQDs with the exchange rate. [post 1 of 3....stay tuned]
3-21-2019 Newshound Guru MilitiaMan Article: "Parliamentary move to raise the price of the dinar and maintain the stability of inflation" Quote: "the change will raise the exchange rate of the Iraqi dinar against foreign currencies" The wording "the change will" means it is going to happen! They are moving on it now, imo, effectively. ... EXCITING TIMES FOLKS...