Guru Pimpy: "So the World Bank wants to devalue the dinar more" 1/1/21
Page 1 of 1
Guru Pimpy: "So the World Bank wants to devalue the dinar more" 1/1/21
by RamblerNash Fri Jan 01, 2021 9:27 pm
Guru Pimpy
they're already talking about the rate change again. Will it happen? I don't know. It's only talk...The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no. They want to go in the opposite direction. They want to decrease the number of dinars you get for every dollar. So the World Bank wants to devalue the dinar more. The Central Bank...they want to increase the value of the dinar...I thought this change would be really quick, very temporary just so they can get the salaries paid. Get back on track and then go right back to changing the rate in the right direction. So that's what looks like is happening fairly quickly. At least it's being discussed...this is a good thing. A very good thing.
they're already talking about the rate change again. Will it happen? I don't know. It's only talk...The World Bank wanted to increase the number of dinars per dollar and the Iraq central bank said no. They want to go in the opposite direction. They want to decrease the number of dinars you get for every dollar. So the World Bank wants to devalue the dinar more. The Central Bank...they want to increase the value of the dinar...I thought this change would be really quick, very temporary just so they can get the salaries paid. Get back on track and then go right back to changing the rate in the right direction. So that's what looks like is happening fairly quickly. At least it's being discussed...this is a good thing. A very good thing.
RamblerNash- GURU HUNTER
- Posts : 22359
Join date : 2015-02-19 
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Frank26: "...you will soon hear it from Kazemi and the governor of your CBI" (So...No RV/RI. Wasn't That All Bogus? LOL) 10/15/21
» Guru Pimpy: "...to look for indicators that their currency is going to grow in value these are some biggies right here" (But You Said It Was Going To "RV" LOL) 10/15/21
» Guru Desert Advisor: "they also mentioned that Iraq is trading strong against the global currencies already" (What! Without The "RV" ! LOL) 10/15/21
» Guru Pimpy: "we want to see them raise the exchange rate of the dinar against the international communities" (How Does That Help Against Foriegn Investment Guru Pimpy? LOL) 10/15/21
» Frank26: "we will improve the dinar to be in the ranks of the international currencies gradually" (Why Does Frank Not Talk About The RI And LD's Any More? LOL) 10/15/21
» The Big Call w/ BS Bruce - Intel Highlights "I know about rates but I can’t talk about them" (Bruce Following The TNT Playbook! LMAO!) 10/15/21
» New Guru Wolverine RV Update: "SPB, Agros and Lions will follow one week later" (Oh My! Tigers, And Lions, And Bears Again LOL) 10/15/21
» Holly: "Where are we? On the precipice of this happening" (Cult Tactic's Only Work On Cult Members! LOL) 10/15/21
» Okie Intel! "I look forward to landing" (The Plane Ran Out Of Gas And Crashed Many Years Ago! Okie's Been Grounded! LOL) 10/15/21
» The rise in oil prices is driven by the scarcity of supply in the coming months
» Al-Maliki: The democratic path is the only way to embody the will of the people and produce power that expresses their free and independent decision
» Turkish president ratifies water agreement with Iraq
» Al-Hakim and Al-Fayyad discuss developments in the political scene in Iraq, the results of the elections and their impact on the next stage
» The former U.S. ambassador to Baghdad: Iraqi-American relations depends on the orientations of Muqtada al-Sadr
» Will Maha Al-Douri become the first female prime minister of Iraq?
» Al-Sadr sent a message to the Secretary-General of the Dawa Party
» Turkish lira notches more record lows on rate-cut concerns
» Finance announces the restructuring of Al-Rafidain Bank
» Dollar exchange rates in local markets today
» Can We Do Without The Commentary!
» Mnt Goat: "How can the news get any better?" (When The Gurus Stop Twisting It To Mean The "RV" ! LOL) 10/14/21
» MilitiaMan: "They did that on the back of the Sadr horse with one heck of a start out the gate in respect to changing the value of the exchange rate!" (Sadr Said Level...Not Raise The Rate! LOL) 10/14/21
» Guru Pimpy: "just so you guys know part of the calculations for any foreign currency to have its value is the amount of foreign reserves..." (Is Pimpy Backpeddling From The "RV" He Bosted About? LOL) 10/14/21
» Guru Desert Advisor: "They are announcing publicly from pretty much their members of congress talking about they want to raise the rate" (And Lose International Investors??? Your Kidding LOL) 10/14/21
» Militiaman: "I am not sure what his definition of gradual is but, Article 8 is fully international, therefore, at the starting gate there needs to be a beginning" (But Frankie Said They Are In Article 8! Did He Lie? LOL) 10/13/21
» Guru Pimpy: "We're going to see it jump up in increments" (How Do You Know That It Wont Fall Again...Or Just Stay The Same? LOL) 10/13/21
» Guru Vital Brad's Dad: "There may still be things out there that need to be done that we don't know about...but again turn around and it could happen on the 17th..." (You Don't Know, But The 17th It Will Happen??? LOL) 10/13/21
» Mnt Goat: "Yes, they are coming right out now and telling us now that they fully intend to go international" (But That's Not The "RV" LOL) 10/13/21
» Guru Desert Advisor: "if you may or may not know the Iraqi dinar was worth $3 in the 90's" (That Was Then! Now It's Worth Less Than 1/10 Of a Penny! LOL) 10/13/21
» Mnt Goat: "The Central Bank of Iraq (CBI) in coordination with the Finance Ministry will decide when the RV happens not some election cycle" (What! Why Was The Finance Minister All Pissy About The Devaluation Then? LOL) 10/13/21
» Guru Pimpy: "there is a lot of chitta chatter happening once again about the dinar" (Mostly From The Gurus Telling Lies About It! LOL) 10/13/21
» MarkZ: "...some interesting things from paymasters and group leaders" (Do These "Paymasters" Work For Free? Are They Licensed, Bonded, And Insured? LOL) 10/14/21
» Judy: "The following was from a recent US Treasury email to a Paymaster" (Oh? Can Everyone See It? LOL) 10/14/21
» Holly: "I am reposting again with a few adds, as I find repetition is needed" (Is Holly A Cult Leader...Or Cult Follower? It's Kool-Aid Time! LOL) 10/14/21
» MarkZ: "Still a massive nothing burger going on…" (What A Whooper! LOL) 10/14/21
» The Big Call w/ BS Bruce - Intel Highlights "Now they are supposedly four countries that still need some coordination and connection..." (After All These Years They Are Still Pinging The System??? LOL) 10/12/21
» Judy: "the general public should be able to exchange foreign currency at the new international rates" (The IMF Publishes Those Rates...Nothing New About It! LOL) 10/13/21
» MarkZ: "I don’t think we are in a groundhog day" (Scams Are Nothing But "Groundhog Days" and "Nothing Burgers" ! LOL) 10/13/21
» The PM's adviser: the new CBI instructions aim to combat money laundering