2-21-2019 Intel Guru ADMINBILL The process is moving and in a critical juncture. I "expect" the good news to continue with a conclusion as early as the next 10 days for the public.
2-21-2019 Newshound Guru Kaperoni Yes. I do believe they will begin currency reform this year.
2-21-2019 Newshound Guru Adam Montana Article: "Iraqi PM aide: State of Erbil-Baghdad ties 'never better' " Baghdad and the Kurds getting along is something we've waited a LONG time to see! That kind of statement was unthinkable just a year or two ago.
2-21-2019 Intel Guru MarkZ They are 100% ready in Iraq , and 90% of all their problems are going to disappear as soon as the RV happens…In Iraq they were expecting it Monday and expecting it yesterday…they are still expecting it today . In Iraq they are asking folks to give up the USD’s and use those cards. The rumors are folks in Iraq have exchanged but no confirmation...my contacts say the rate still has not changed even though they are all talking about it on the TV and in the news...Everything is totally ready to go...they just need to release it all... I will be shaking the trees and rattling the cages all day today to find out some news.
2-21-2019 Intel Guru Delta IQD EXCHANGE RATE IN IRAQI MARKET....
17-Feb- 1193.144- 1193.114
18-Feb- 1193.091- 1193.054
19-Feb- 1193.095- 1193.055
20-Feb- 1193.008- 1192.987
***************************** Wednesday Night Opinions *****************************
2-20-2019 Intel/Newshound Guru sandyf ...The question of tariffs has come up many times over the years and it is all about Iraq's application to join the WTO. Iraq cannot become a WTO member without a unified tariff profile.
2-20-2019 Newshound Guru chattels Article: "Iraq strengthens its reserves of gold to 96 tons" Countries such as Iraq, India, China and Kazakhstan were among the top gold buyers in 2018. According to data, Iraq increased its reserves last year by 6.45 tons, bringing its total gold holdings to 96.3 tons.
2-20-2019 Intel Guru MarkZ It’s Wait and See Wednesday today. We still do not have word from Iraq whether or not the rate has changed. Hope to know more this afternoon. In the banking system – they are still expectant for anytime. Big banks are all done and ready with the new banking system. Regional banks are scheduled to be done updating to new banking system mid-March. We are planning on using the big banks to exchange and they are ready.
2-20-2019 Newshound Guru Adam Montana I spend hours every day researching and communicating with my people on the Iraqi Dinar, international business, asset protection, etc...There are people I work with who know how important it is to get me my information by Tuesday, and are extremely dedicated to their roles... Today is short and sweet. There is nothing negative to report - Parliament is working, OIL is still going the right way, and my gut tells me they are just kicking a few last details around. If something counter productive were to happen right now, I'd take a harder look at things... but that's not the case. Everything is lining up! Parliament: still working, and working effectively. OIL: still moving towards $60, and doing it steadily. The only thing we can ask for right now is that BOOM! HCL news. Keep your heads on straight! This really feels like the home stretch.
Now for a bit of B.S. in my opinion. I have no idea where he get's his ideas, or what screens he's really looking at (Email sent from a friend..??). It appears he's trying to outdo MarkZ from yesterday..!
2-20-2019 Intel Guru Bruce Iraq is pretty much out of the conversation. All we are looking Iraq for now is where are their rates. We are seeing movement on the screens today. We seen where they have reached a certain point and then start backing down a little bit. Same thing on the Dong. ... something on the front screens about $5.00 or so on the Dong right now and somewhere in the $5.60 - $5.70 range on the Dinar. The Vietnamese Dong may end up when it settles in being within 10% of the Dinar. ...We are hearing very good things about this being our week... I feel like where we are with everything that is moving forward that we are in that zone. We are in the red zone...(post 1 of 2)....
2-20-2019 Intel Guru Bruce ...the sources we normally have are sending icons with zipped up mouths. It is like nope, zipped up, can’t communicate, can’t talk. To me that is a great sign. That tells us things are going on behind the scenes. ...It is done for our own safety and security. I am sure the security of the timing not only for us, but for banks, financial institutions, for many reasons, and so it is kind of quiet out there for a reason. I am excited...I know we are very close...(post 2 of 2)...
2-19-2019 Newshound Guru chattels Article: "Tuesday, February 19, 2019 Security In Iraq Feb 8-14, 2019" There was another week with few security incidents in Iraq. For almost four months now the country has averaged 20-30 security events each week and the second week of February was no different.
2-19-2019 Newshound Guru Kaperoni If and when the CBI begins to float the dinar it could take 6 months to 2 years to delete the zeros (raise the value enough where the zeros are gone). Remember, if the CBI is going to do this event it will be in conjunction with investment capital coming to Iraq. The more capital the greater the inflationary pressure meaning the faster it could rise. The 2012 IMF Article IV Consultation with Iraq descibed the process and event as the Balassa-Samuelson effect.
2-19-2019 Intel Guru MarkZ To me its always been a question of “when” not “if” as I have seen so much going on in the background of this. I am very hyped up to see a change in value in Iraq this week. My contact in Iraq (Stewart) is hearing it may happen on Wednesday. ...Rates we all still hearing are $4:40 dinar …..$2 -2.20 dong… I believe the banks will be perfectly safe to exchange into. They have done so many upgrades and testing...I would not be worried to use the banks. I definitely do not think we will get out of February without seeing the RV. This guy keeps beating the same drum without anything ever changing, other than Iraq is actually getting things done that would permit a currency rate change in the near future..! Keep the faith..! RON
2-19-2019 Intel Guru Delta [IMO, Once we see the Cab. members seated, we will see 3 zero deleted.] HOW ABOUT WHEN WE SEE 3 ZEROS DELETED...WILL SEE CAB MEMBER SEATED...
2-19-2019 Newshound Guru Kaperoni Things have been pretty uneventful...the last few weeks or so because Parliament has been on recess. Look for things to pick up in March...
2-19-2019 *** Dinar News Update *** The CBI has crossed the 2% for 90 Days rule for the Iraq Exchange Market. The CBI had accomplished this for the Baghdad Market last summer. The CBI began reporting the Iraq Market rate on November 14, 2018 which included three decimal places.
( Updated: 2/19/2019 )
Official Central Bank of Iraq (CBI) Dinar Rate:
1190 IQD to 1 USD
Dinar Market Rate: (CBI last reported 2-19-2019)
1193.095 IQD to 1 USD
- Rates Are Within IMF 2% Rule: YES
- Are Rates IMF 2% Rule Compliant for 90 Days: YES (maintained since ~Mar. 15, 2018 & Iraq Market since ~Nov. 14, 2018)