5-28-2019 Newshound/Intel Guru Mnt Goat Article: "EUROPEAN CURRENCY DECLINES IN FRONT OF IRAQI DINAR" So...as the Iraqi economy grows and the 1190 rate persists it is causing problems of disparity amongst the other currencies and trade must be hard with having to convert all the time using these larger three zero notes and very large list of digits.
5-28-2019 Newshound Guru MilitiaMan Article: "The House of Representatives votes on the Financial Management Act" The FMA is enacted ...and now at the Gazette. imo...WOW.! This is what secured the ROAD MAP's completion set out on March 20th of 2019.. The goal is and was to raise the IQD exchange rate.
5-27-2019 Intel Guru RayRen98 It has been reported to me that Iraq is AGAIN using the 50 Dinar note along with the 100, 250 and 500 values. Iraq has announced that The Green Zone will be 100% open on a 24-hour basis starting the first day of EID which commences immediately after Ramadan...
5-27-2019 Intel Guru Eagleone2025 IT IS MY UNDERSTANDING THAT TRUMP HAS SIGNED EVERYTHING TO GET THIS DONE. WE ARE WAITING FOR ACTIVATION OF #..
5-27-2019 Intel Guru MarkZ [via PDK] I have been told that a number of intel providers were given the 800 #s…and yes I verified this information...they are just not allowed to give them out yet…they are waiting for permission to send them out…we are all waiting to send them out sometime today... and we can set appointments to start exchanging tomorrow. They will be all over the place...you will not miss these numbers! We heard that the new rates have been released in Iraq... Hearing the international release in Iraq will be Tuesday. [Any news on the rates?] ...I am not allowed to talk about them. [ Do you believe the RV will happen this year?] I believe it may have already happened…I believe we will see it very soon.
5-27-2019 Newshound Guru MilitiaMan Article quote...Wednesday 20 March 2019: "The Parliamentary Finance Committee is moving in the current legislative session to develop mechanisms to change the monetary and monetary policies in the country, in coordination with the Central Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation." This is from the past that I just went back to find and look what the plan was. That plan is being finished. It is the plan to raise the rate of the IQD...It is the FMA enacted, yesterday...Times are good! imo.
5-27-2019 Newshound/Intel Guru Mnt Goat Article quote: "The Central Bank of Iraq would like to inform all banks that IT IS CONTINUING TO PROVIDE THEM WITH SMALL GROUPS OF THE IRAQI CURRENCY by withdrawing the amounts from the current balances with this bank." These are the 250, 500 and 1000 categories but...they are adding back the 50 category. WOW! This is what we expected. The CBI is slowly phasing-in the other smaller category notes. Actually we expected the 100 category notes next... Will we get the others too shortly? Remember the 50 note is worth a nickel at 1190 rate (.050).
dinarguru.com
