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Guru G-Lin Sees no  option other than raising the value of the dinar.  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Guru G-Lin Sees no option other than raising the value of the dinar.

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Post by roxy22222222 on Fri Jul 14, 2017 9:15 pm

G-Lin


 Article:  "Central Bank Governor: We seek to achieve a balance between the sale of the dollar and keep it"  


  I like this art. mainly because it is coming from the CBI Governor. 


Not an economist or someone from the Finance ministry giving an opinion. 


And it looks as though he can make one of two choices. 


Either give the dinar a fixed rate or let it float. 


At least that is the way I'm reading this art. 



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 Article:  "Central Bank Governor: We seek to achieve a balance between the sale of the dollar and keep it"   Quote:  " making the central bank 's policy in front of two choices : either to respond to the dollar in order to cancel the margins and this would be at the expense of the reduction of foreign currency reserves or Nguenn sale process and accept a margin of appreciation of the exchange rate"  


 If I'm reading this correctly, it sounds as though Ali is going to appreciate the exchange rate in order to control the huge profits being made on the spread. 


The auctions are being controlled by the corrupt and I don't see an option other than raising the value of the dinar. 



 Article:  "Master card International"  Quote:  "card from any ATM of any foreign bank" I don't know how they could go international with an artificially programed rate.


07.17.2017

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Article:  "Kurdistan: Erbil and Baghdad are preparing to open a new page and continue the dialogue to address the problems"   I'm keeping an eye on these meetings. First it is unusual to have a 4 day gathering. I think they are trying to appease the Kurds to perhaps stop the vote in Sept. on breaking away and forming an independent state. I know The U.N. just recently called for the activation of Art. 140. That would clarify boundaries which Kurdistan would probably cooperate if they get Kirkuk. Also there are discussions regarding oil and gas. I would love to see them agree on HCL or a form of it. There is a great deal of pressure coming from the international community to have Iraq activate some form of HCL. Investors are tapping their foot.
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Post by Oldtimer61 on Sat Jul 15, 2017 11:02 am

Yep then rd the dinar and let Iraq start over with a new currency rendering the current notes even more useless then they already are. It's coming.

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Post by Ponee on Mon Jul 17, 2017 10:49 am

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