12-25-2020 Intel Guru Frank26 …What’s going on right now with this change in rate it’s having the effect it’s supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money…they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I’ve said that over and over again and I will continue say it…
12-25-2020 Newshound Guru Pimpy Article: “The decision to reduce the dinar: To treat treatment or to stop the collapse” …The choice was to devalue the dinar. Quote: “The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated.” They have devalued the dinar. It’s only going to be done once. And will not be repeated. That’s a good thing. It means it can only go up from here.
12-24-2020 Intel Guru MarkZ [via PDK] Most of my European and Asian banking sources think we will have money movement on the RV…very early in January. I am hearing this from almost everyone.
12-24-2020 Newshound Guru Jeff …1460…that’s the Central Bank of Iraq’s website showing the value of the Iraq dinar against the dollar…Forex shows the value of the dinar against the dollar at 1453…it took Forex 3 days to update and show the real true value of the Iraqi dinar. 3 days. My point is this. When the rate does change…you should only reference the Central Bank of Iraq’s website for the rate change. It’s the only one that will show it instantly and accurately at the moment it changes…
12-24-2020 Newshound Guru Adam Montana I’ve stated multiple times that I expect Iraq to release “bad” news before they RV. Just this last weekend, it was announced that the rate would be changing to 1450… and yes, that is the wrong way. Unless it’s not. Someone, please, ask me how much I’m freaking out about this “news”? Ask me how disgruntled I am about the situation. Ask me if I agree that this is the end, Iraq has given up, we wasted our time here. Anyone… anyone? I’m not surprised, not even a little bit, and quite frankly… I’m even more excited about the prospect of a near future RV.
12-24-2020 Newshound Guru Pimpy There’s a lot of activity once again in the news regarding the Iraqi dinar. Some very interesting things. Some very curious things…we’ve got an idea of what they’re doing but what is the real play? Article: “Mass demonstrations in front of the Financial Ministry building in Baghdad to condemn the devaluation of the dinar”. We knew this was coming.
12-24-2020 Intel Guru Frank26 This devaluation goes against what the IMF said. The IMF said very clearly that the CBI would add value to their currency before the end of this fiscal year. You’ve got two weeks. How long do you think they’re going to keep this rate like that? …the CBI is very overzealous to make a point to the citizens of Iraq – bring your dog gone dinars in! Your mattress dinars.
12-24-2020 Newshound Guru Jeff CBI’s website…1460 dinar equals 1 U.S. dollar…This was planned by design. Here’s the two reasons. 1. …to squeeze more of the 3 zero notes out of the citizens… 2. …a lot of the dinar actually does go to corruption – into Iran. By them devaluing the dinar it reduces its spread and it puts a huge financial impact on Iran…they had this planned…everything is looking amazing…
12-24-2020 Intel Guru Bruce [via WiserNow] we do know – the Iraqi Dinar rate did change…I know there are Iraqi Americans in this country – that have brand new bank cards – with one computer chip in it…We know that there is a very good rate inherent in those new cards – and the rate is very very close – a little below – but not much – a little below what Dr Shabibbi said that the Iraqi Dinar could support…that statement he made all the way back at the National Chamber of Commerce meeting in Washington DC – and I believe that was in 2012…So 8 years ago the head of the Central Bank of Iraq at the time – made a claim on what the value of the Iraqi dinar rate could sustain – in US dollars – the rate that is on the cards right now is just about there…
dinarguru.com
