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  1. 12-15-2018 Newshound Guru Phillyman Article: "Hitti: Investors are waiting for the government to stabilize its commitments" ...it has been fascinating for me to follow the news about the fight against ISIS then the start of investment coming into Iraq. Investment conferences have come and gone though without the major reconstruction we would like to see. This article may have the answer why. Quote: "The head of the Iraqi Reconstruction Fund, Mustapha al-Hiti, said Saturday that the countries investing in Iraq are waiting for the stability of the Iraqi government to start implementing
  2. 12-14-2018 Newshound/Intel Guru Mnt Goat In Europe we hearing you are already educating the citizens on the new smaller category notes. Is this true? Yes, the CBI has recently launched the issuance of the second edition of banknotes categories (25000, 10000.1000, 500.250) dinars. These versions have high level security features and are more usable. We have not yet issued any other small categories. Is there any plans to take these 25,000 and 10,000 notes out of circulation soon? NO. The current effort now is just to replace the amounts now already in circulation with cleaner, more secur
  3. Dont know why the lines are thru the text...!! 12-12-2018 Newshound Guru MilitiaMan Articles from 2017: "Iraqi Banks Are Looking With The US Treasury To Open Relations With Foreign Banks" and "The largest US banks… Praise the performance of Iraqi banks" The 2017 article showing who was in Iraq, when they were there and what they were promoting to do. Fast forward to yesterday with the same entities as the UST, IMF, WB and Arab Union of Banks in country...Top it off with Silliman [United States Ambassador to Iraq] in talks with Iraq to develop trade exchange and...have 50 major
  4. 12-11-2018 Intel Guru Delta ...they might give us a sucker bid, like we said a long time ago...come out at $1.20, then of course after 6 months, whatever the date is, then throw the exact number there like $2.85, $3.00, whatever it is. But based on... details right now from the CBI website, I mean the rate really has to be high in order for them to do that. And make it more attractive. Remember, the citizens, they want more attractive, especially investors. They need the real numbers to come out like that. And based on...information from the BIS, a month or two months ago, when I-Team r
  5. 12-10-2018 Newshound/Intel Guru Mnt Goat The CBI has told me many times that they can not just launch these very low. lower denominations like the new polymer 5,10,25,50 100 and coins until the economy is suited for them. So how do they get the economy suited for them? They have a plan. First they must slowly make the 250, 500 and 1000 in demand, use electronic banking for larger purchases, then as the economy grows begin to launch these other notes. I would be looking for the 50 and the 100 notes next. At some point they will reinstate the dinar but we don’t know just at what point of equ
  6. 12-8-2018 Intel Guru ADMINBILL MANY TEXTS RECEIVED YESTERDAY REPORTING HAPPY DAYS ARE CLOSE AT HAND... 12-8-2018 Newshound Guru Breitling Article: “Iraq, Kuwait and Qatar are the only major OPEC producers able to balance their budget. According to current prices of 58 dollars per barrel Iraq, Kuwait and Qatar are the only major producers who can balance their budget…Kuwait needs $48 to reach break even point. While Qatar can balance it’s budget by a barrel of oil of about $47…according to IMF data Iraq requires $55 per barrel.” So there we have it…the budget that I had and the num
  7. 12-7-2018 Intel Guru Delta "Iraq new 500-dinar note (B359a) confirmed" "Iraq new 250-dinar note (B358a) confirmed" THE 1000 NOTE WAS OUT LAST MONTH....BUT 250 500 JUST COMING OUT NOW FOR A REASON!!! 12-7-2018 Newshound/Intel Guru Mnt Goat So Thursday came and went and still no vote on the remaining two last ministers...the minister of interior and defense... But negotiations are now underway. ...President Barham Saleh confirmed the completion of the government formation in accordance with the constitution. We know that Iraq had until Dec 4th to meet the constitutional deadl
  8. 12-6-2018 Newshound/Intel Guru RVAlready I think Mahdi can simply appoint the positions. It has been done by previous PMs. Disagreeing parliament members will complain, but they had their chance to elect, and they failed. They know that they failed, and that action must be taken… 12-6-2018 Newshound Guru MilitiaMan Reporting or pairing is now in line for the list of currencies. Sort of additional education that is completed, imo. Those that will be needing to know can see the 4 digits to the right of the decimal. Place the international calculation in and easy math. imo One more
  9. 12-5-2018 Newshound Guru MilitiaMan Article: “The 2018 Annual Conference of the Central Bank of Iraq .... The harvest of achievements and the start of the development process for the year 2019” Timing for the 10th. They will end 2018 on the 10th and that happens to be a Holiday announced yesterday. It is expected based on the above they'll have a new government cabinet and start the process of economic reform. ...Nusairi...says Alak and his teams have made exceptional efforts in restoring relations in the Arab and Foreign Central Banks over the past four years. The CBI has met with th
  10. 12-6-2018 Newshound Guru Breitling …the price per barrel is going down. So what do they [Iraq] do? They can do what you and I are speculating on and add value to their currency but there are other stuff also. Iraq wants to compete in the American markets. We can do trade deals with them. So that’s why Iraq shut the door on Iran because they’re looking for the same type of deal that Saudi Arabia had. So now we have them in our pocket. 12-6-2018 Newshound Guru Breitling …the price per barrel is going down. So what do they [Iraq] do? They can do what you and I are speculating o
  11. 12-4-2018 Newshound Guru Kaperoni ...the 2% rule has nothing to do with the choice of float...the 2% rule has to do with stability within Iraq and keeping the dinar exchange rate consistant within the country...the 2% rule is meant to eliminate MCPs within the country...not related at all to the nominal exchange rate of the currency...unfortuately many people do not understand the terminology used by the IMF and others related to monetary policy...an example is MCPs or Multiple Currency Practice...MCP does not mean two currencies or dinar and dollar as some like to say. It means the price
  12. 12-3-2018 Newshound/Intel Guru Mnt Goat Article: "THE FUTURE OF THE IRAQI DINAR" So here we go...This article is more explanation of the process to delete the zeros. This is part of the re-education process that had to take place prior to the EARLY 2019 reinstatement occurring. So here we have yet more evidence the CBI is finally doing this education campaign. 12-3-2018 Newshound Guru ChrisC "Iraqi Dinar Exchange Worldwide 4:00 AM Baghdad Time" US Dollar 1 USD = 1,191.0000 Iraqi Dinar 1 Iraqi Dinar = 0.0008 USD I have been watching this and not saying anything for
  13. 12-2-2018 Newshound/Intel Guru Mnt Goat ...Iraq cannot RV the currency. The CBI must first reinstate the currency back on the exchanges. Any significant change in value (RV) will come from a managed float afterwards. So the reinstatement must take place first...this new development of not using the US dollar for trade with Iran may be our saving grace and force the CBI to do something soon... 12-2-2018 Newshound/Intel Guru David M. Witty In Iraq, PM Abdel-Mahdi looking at names of 28 candidates for Defense Minister, among them former Speaker of Parliament Jabouri. 12-2-2018 N
  14. 12-2-2018 Newshound/Intel Guru Mnt Goat Is the dinar really already 120 : 1 in Iraq? ...this may have been just a wild and wide swing in the marketplace in very isolated towns due to the sudden shift from the currency auctions when the decision came out to use dinar in place of the US dollar for trade with Iran. ...So then the dinar rate could rise against the US dollar and swing very suddenly. It may have done this last week...(post 1 of 2).. 12-2-2018 Newshound/Intel Guru Mnt Goat The CBI MUST change its program rate to legitimize this rate change after so many days, acco
  15. 12-1-2018 Newshound/Intel Guru Mnt Goat [Q? : ...Have you had any direct contact with you CBI source to confirm that they are on track for late Dec or early 2019? The news you present is extremely exciting and is falling into place just like you predicted.] yes, and yes... However they must get this govt formed and they must keep Iranian influence out of it. This is now what the CBI is waiting for. So if this all lines up in late Dec, EARLY Jan I am hearing they will do it. 12-1-2018 Intel Guru Footforward [Q? : ...Do think the dinar will revalue or am I living a fantasy? Shoul
  16. 11-30-2018 Newshound/Intel Guru Mnt Goat I...cringe when I hear someone tell you that these damned VISA and MASTERCARDS are...international. So the Iraq citizens need a credit/debit cards to conduct business when shopping...some sort of credit/debit card to coincide with the electronic banking. ...This does not mean they can now take these cards and also use them abroad in their POS systems...these Iraqi cards are NOT...international ...At least not yet. But they do have this capability for the future. ...any new Iraqi credit or debit cards from VISA or MASTERCRAD is a move in the right
  17. 11-29-2018 Newshound Guru MilitiaMan Article: "260+ attend IBBC Iraq Reconstruction Conference" Quote: "IBBC welcomed 260+ delegates to Dubai to discuss ‘Iraq – Reconstruction & Rebuilding, how to deliver Vision’ with expert Industry, Government and International Organisations on 25th November" ...This is all about past tense as it is over now, as it is what was talked about, what was accomplished and with HUGE names involved.. This just shows go time is upon us. imo. 11-29-2018 Newshound Guru Mnt Goat Is the Iraqi currency International? ...let me debunk this rumor once
  18. 11-29-2018 Intel Guru Footforward [Q? : ...Is the RV EVER going to happen...?] Yes, the RV is going to happen. When-who knows..! Watch Iran. Iran is tied to a lot more then people think. 11-29-2018 Newshound Guru MilitiaMan Article: "The future of the Iraqi currency!" Quote: "It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate 1200, the purchasing power of $ 1000 dollars and if the strengthening of the dinar equivalent to 500 dinars to the dollar will be purchasing powe
  19. 11-28-2018 Newshound Guru Kaperoni [Q? : Do you still think the start of the float of the dinar will happen this year?] Im hoping...but I am waiting for some things to happen first..completion of new GOI, IMF consultation. 11-28-2018 Intel Guru ADMINBill This could be a very interesting week..!!! 11-28-2018 Newshound/Intel Guru Mnt Goat I do know for a FACT that they already recalled and burned over 2/3 of the three zero notes. How do I know this is FACT? BECAUSE THEY TOLD THE PUBLIC OF IRAQ IN THE NEWS MEDIA this is why. The move to electronic banking did al
  20. 11-27-2018 Intel Guru Delta ...REPORT FROM CBI ...BUY SELL IQD IN IRAQI MARKET....PATTERN CHANGED... 08-Nov 1204- 1200...LAST WEEK; 27-Nov 1194.446- 1193.953 ...THIS WEEK CBI IS SHOWING 3#S ... IMO...GETTING READY TO GO INTERNATIONAL ... 11-27-2018 Newshound/Intel Guru RVAlready ...allaq says he is ready to go, and the math has been done a million times over...they could do the RV now, and deal with the rest later…they have had years to get ready... i know it is a new parliament, but they should have arrived ready to do the job at hand…there was an article saying that mahdi was
  21. 11-27-2018 *** IRAQI Dinar News Update *** After a fourteen day delay, the CBI reported the market rate for the Iraqi Dinar from November 14th to the 27th...something is different. Starting on the 14th they began reporting the Dollar Exchange Rate / in IRAQ Markets. Previously the market rate was reported in the Baghdad Markets. You'll also notice the Official Market Rate listed in the left column of this page now contains 3 decimal places...the previously reported rate did not contain decimal places. Today's 1194.446 reported market rate is the strongest the market rate has been in near
  22. 11-26-2018 Newshound Guru MilitiaMan Article: "Halabousi discussed with the delegation of Baghdad Chamber of Commerce activation of the investment law and the establishment of an economic village" ...Well, we know every 3 letter agency of the world body were in Iraq last month, we have regional entities with the likes of the Secretary General of the Unity Council and components of th Arab league in Cairo about mining interests over the last few days. The above is about accelerating procedures...to help facilitate investors needs... 11-26-2018 Newshound/Intel Guru Mnt Goat The CBI h
  23. 11-25-2018 Newshound Guru MilitiaMan Article: "The Association of Iraqi Private Banks holds the course of Islamic Specialist in Governance and Compliance" There is a Customs and Tariffs Deadline by 11/30/2018 between Baghdad and Erbil to be imposed. Barzani has melted the Ice on the tension now. Oil is flowing through Ceyan at a double clip.. So seeing this compliance and risk certification for to satisfy Islamic Investors is finality for being ready to roll when the shift occurs in the internationally accepted IQD and investment related issues. imo. 11-25-2018 Intel Guru RayRen98
  24. 11-24-2018 Newshound/Intel Guru Mnt Goat Article: "CENTRAL BANK OF IRAQ- THE VALUE OF THE IRAQI DINAR INCREASED BY 9%" So for Iraq to compete with foreign products it must float the value of the dinar. This article demonstrates why. We know that they will NOT float the program rate as it is fixed and pegged to the US dollar. So something has to change and change VERY soon since Iraq just announced it is going to trade with Iran using solely dinars. Iran of course does not want dinars, as they feel they are not liquid enough and do not have the global purchasing power. 11-24-2018
  25. 11-23-2018 Newshound Guru Bloodloch I believe Delta has this exactly right. Quote: "They’re going to give you a million dinars worth of LOWER DENOMINATIONS because remember what they’re trying to do here is they’re trying to use all this money supply." It takes about two months for Iraq to cycle through the face value of its outstanding currency supply. Akin to inventory turnover, the velocity of money is a nations' gross domestic product divided by its outstanding currency supply. In the case of Iraq, for 2017 that's roughly 234 Trillion divided by about 44 Trillion or 5.3 times per
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