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Live New York Time
Live Baghdad Time
Official Central Bank of Iraq (CBI) Dinar Rate:
>1166 IQD to 1 USD( ) >
Dinar Guru "RV" Meters
( Updated: )
Dinar Gurus who feel Dinar will RV within days...
Dinar Gurus who feel the Dinar will NOT "Change" until certain "things" are accomplished...
Dinar Gurus' Official Master List of Possible Major " To Do's ":
Moved to Article VIII
Erbil Agreement Impl.
Election Law (DONE! 12/2013)
Chapter 7 (Done? summer/2013)
Article 140 impl.
Economic/Banking laws passed
Power Sharing (nearly done 9/2014)
Internationally accepted Dinar
GOI Seated (Pending 9/2014)
Tariff Law (Done!)
Dinar Gurus who feel the Dinar will FLOAT "slowly" upward instead of RV...
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9-22-2014 Intel Guru Okie_Oil_Man GOOD MONDAY
AFTERNOON AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. TODAY, THE
BEGINNING OF A BRAND NEW BEAUTIFUL WEEK THAT COULD BE OF HISTORIC PROPORTIONS IN
ALL OUR LIVES. THERE ARE SEVERAL MORE THAN POSITIVE OCCURRENCES TRANSPIRED OVER
THE WEEKEND. ALMOST TOO NUMEROUS TO MENTION ONE BY ONE BUT IT WAS A CONFLUENCE
OF ALL THE POSITIVE MOVEMENTS NECESSARY TO BRING ABOUT OUR DREAMS AND BLESSINGS.
STAY ALERT FOR NEWS FLOWING IN NEARLY ON AN HOURLY BASIS. I WILL BE BACK WHEN
AUTHORIZED WITH THE DETAIL'S THAT MUST FOR JUST A FEW HOURS BE KEPT
PRIVATE.9-22-2014 Newshound Guru Chattels IMO, ...the
Kurds...can expect to be disappointed, at least initially, with the response of
the new government to the Kurdish demands. ...if our event happens anytime soon
it will be a surprise to me.9-22-2014 Newshound Guru Shredd Article:
"Claims to reconsider the law of economic reform" Quote:
"[economic reform] is a good idea and much needed, especially at this stage that
requires the transformation of the economy totalitarian central to a market
economy." Yes, a great article to start off a Monday with! I know we've said
it many times before, but a market economy means Iraq will have a Dinar that is
representative of it's true value. 9-22-2014 Newshound Guru
Kaperoni Article quote: "After the agreement
of the Presidency of the Parliament during a meeting with heads of blocs and
members of the parliamentary committees on the continuation of the meetings of
the Council until the 30th of September, the current, most likely politicians to
postpone the vote on the candidates for the ministries of interior and defense
until after the Eid al-Adha..." So they will not name the defense or
Interior until after the holiday which ends October 13th. So at least the
middle of October before they seat these ministers.9-22-2014 Newshound Guru Millionday [Is it true parliaments last day
is sept 25 and don't return til Oct 8th?] THE NATIONAL IRAQ DAY AND THE HOLIDAY
IS NOT A BANKING HOLIDAY OR GOVERNMENT SO I HAVE NOT HEARD THAT THEY WILL BE OFF
ALL OF THAT TIME. [When are they scheduled to vote on that basket of currency
and economic reform laws?] THIS WEEK THEY ARE SCHEDULED TO VOTE. 9-22-2014 Newshound Guru Kaperoni Article quote:
"House of Representatives decided to
continue its activities until the end of this month to resume work on the
fourteenth of October next, after the end of the holiday." So parliament will
continue to work and have sessions through the end of Sept and will take a
vacation/break from Oct 1- Oct 13th for a holiday (resuming on the
14th).9-22-2014 Intel Guru Frank26 [ I believe you are right when you said that Iraq has the last two ministers chosen. An article today said that they will vote on them after the Eid holiday which I believe ends October 14th. You also said in one of your posts that they will not announce them because then they will have to show the rate they have been using. With that logic, it appears that we will not see the IR until after October 14th at the earliest, no?] In a religious land as Iraq is one always has to consider their respect for such holidays. We honestly can not gauge Eid by the last years because nothing happened. IMO, Based on traffic, Noise, Communications within the masques they will be cautious on how much they talk about finances during Eid. Are they waiting for the IR...I Believe they are waiting for Eid to end. IMO, Iraq GOI/CBI is privately... Secretly... Selectively... Carefully talking to Iraqi Citizens. IMO, They are getting help to do this important thing.9-22-2014 Intel/Newshound Guru Poppy3 I STILL DON'T
THINK THEY WILL CHANGE THE RATE TILL THE BASKET OF FINANCIAL LAWS ARE PASSED SO
THEY CAN COMPLETE THE WTO PROCESS OF ACCEPTANCE. THAT BASKET IS IN PARLIAMENT
AND READY FOR VOTE FROM ALL INFORMATION IN INK . UNKNOWN WHY THEY HAVE NOT BEEN
VOTED ON YET BUT THEY ARE EXPECTED AT ANYTIME EVERY MEETING. 9-22-2014 Intel/Newshound
Guru tman23 Baghdad – the Parliament decided to continue to hold
meetings to Thursday (9/25) and to resume after Eid al-Adha holiday, Wednesday
10/8 which will be about two weeks...THIS GIVES THEM 4 DAYS TO VOTE AND PASS
PENDING LEGISLATION.9-22-2014 Newshound Guru Millionday WE HAVE BEEN TOLD
BY MANY SOURCES THAT ARE TRUSTED THAT THE GOAL IS TO OPEN THE BUDGET BY THE 1ST
OF OCTOBER --- THEY HAVE MADE IT CLEAR THAT IS THE GOAL. Article quote:
"...the parliament will approve a budget for the three months and a half
remaining this year, with the exchange rate increase approved by the Parliament
earlier on the salaries of employees with retroactive effect from the beginning
of this year and will be disbursed next month..." THIS IS SAYING THAT THE
BEGINNING OF THE MONTH WILL BE THE THREE MONTHS THAT WILL BE DISBURSED AND IT
WILL BE AT THE NEW EXCHANGE RATE. THEY WILL ALSO BE PAYING BACK PAY. [post 2 of
2]9-22-2014 Newshound Guru Millionday ...THE ISSUES AT THE END OF WHERE THE BUDGET WAS LEFT FROM PREVIOUS GOVERNMENT WAS THE ISSUE WITH THE KURDS AND FEDERAL -- SO NOW ABADI HAS MET WITH BARZANI AND THEY HAVE RESOLVED SO WE ARE IN A VERY GOOD PLACE WITH THE BUDGET AND IT IS EXPECTED TO PASS. ACCORDING TO WHAT THEY ARE SAYING IS THIS WEEK WILL SEE A VOTE FOR THE 2014 BUDGET --- SO THAT WOULD ALLOW THE TIMELINE TO BE REACHABLE AS THEY HAD ANNOUNCED AS THEIR GOAL. PARLIAMENT MEETS TOMORROW [MONDAY] AND TUESDAY. I DID SEE A REPORT ALL ABOUT THE BUDGET AND IT IS IN THE BILLIONS. [post 1 of 2....stay tuned]
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9-21-2014 Newshound/Intel Guru Arthur Abadi has
announced he is now in the process of taking "tough decisions for the sake of
resolving the problems, including an agreement on oil, and that would be in the
interest of the Iraqi people as a whole, including the sons of the Kurdish
people." PM Abadi also said today in a statement that "Parliament has full
knowledge about the causes of the strengths and weaknesses of the draft law of
oil and gas (HCL), AND THIS HELPED HIM TO APPROVE THE LAW." Abadi himself has
stated on many occasions they are aiming for the budget to be open and
implemented along with all payments to the Kurds in the coming days which would
coincide with the culmination of the equation: GOI + HCL = RV. [post 2 of
2]9-21-2014 Newshound/Intel Guru Arthur Over the past 4
years I have been...called negative for insisting on the equation GOI + HCL =
RV. Now I see my old RV equation has finally resurfaced in dinarland which I
knew it would right before the RV. Despite the difficulty of seating the final
ministries, the international community has already acknowledged that they are
satisfied with the new inclusive government (GOI) the new Prime Minister has
engineered so far. And as of today we now see this development: Article: "A
member of the Oil and Energy National Alliance MP Awad al-Awadi, "Prime Minister
Haider al-Abadi Kurds will engage with SOMO Iraq, the Kurds and give the green
light to export." [post 1 of 2....stay tuned]8-21-2014 Intel Guru EXOGEN High Alert.9-21-2014 Intel/Newshound Guru Poppy3 I THINK THEY ARE
VIEWED AS STABLE BY THE UN ALREADY. BAN KI MOON HAS BEEN REFERRING TO THEM AS A
STABLE GOVERNMENT FOR ABOUT A MONTH NOW. I DON'T THINK AT ALL THAT ISIS
SITUATION HAS ANY BEARING ON THE RV OR ACTIONS OF FINANCIAL REFORM FROM THE CBI.
THEY ARE TOTALLY INDEPENDENT. MANY PEOPLE HAVE TRIED TO SAY ALL THESE OTHER
COUNTRIES, AGENCIES, ETC. HAVE EFFECT ON THE IRAQ RATE CHANGE BUT IN ACTUALITY
THEY CAN ONLY SUGGEST TO THE CBI IRAQ IS IN CONTROL OF IRAQ AND THEIR CURRENCY
AND THEY CAN AND DO CONTROL THEIR DESTINY AND THE RATE THEY WILL SET. EVEN THE
IMF CAN ONLY LEGALLY SUGGEST A RATE FINAL DECISION BELONGS TO IRAQ. THE U N
WILL ACCEPT THEIR DECISION IMMEDIATELY IF THEY CHOOSE TO SET A RATE. 9-21-2014 Newshound Guru
Kaperoni Article quote: "the times ahead
may provide a base for building a new economy by changing the currency and
delete the zeros of some of them." The current CBI actions are to
replace the existing denominations. That is completely consistent with what this
article is saying. When the dinar will rise will be when they are ready to open
the market economy. As we have said, laws, a new GOI, stability will be the
prelude. How fast they accomplish this is yet to be seen. I am still optimistic
that it can be achieved within 3-6 months. 9-21-2014 Intel/Newshound Guru tman23 Baghdad – the
Parliament decided to continue to hold meetings to Thursday (9/25) and to resume
after Eid al-Adha holiday, Wednesday 10/8 which will be about two weeks...THIS
GIVES THEM 4 DAYS TO VOTE AND PASS PENDING LEGISLATION.9-21-2014 Intel/Newshound Guru Poppy3 FROM EVERYTHING I HAVE
HEARD FROM GREAT SOURCES AND MANY OTHER FRIENDS SOURCES ITS A CONSENSUS THAT THE
RV IS CLOSE TO HAPPENING AND THE PUSH HAS NOT STOPPED TO COMPLETE THEIR
RESPONSIBILITIES TILL WE SEE THE FINAL NEEDS FINISHED. 9-21-2014 Intel Guru EXOGEN HCL + GOI = RV. REMEMBER IT WILL BE MONDAY IN IRAQ IN A FEW HOURS.9-21-2014 Newshound Guru Kaperoni Articles: "Parliamentary Energy: Snmrr law of oil and gas during the
first legislative term of the parliament" "Interim
Financial: Strdna data this week will be put to the budget first reading"
"Urgent .. presidency of the parliament meets heads of
blocs to determine the heads of parliamentary committees" ...they are moving forward. 9-21-2014 Intel/Newshound Gurus BGG & tman23 From
Cornell Law on the study of exchange rates/WTO...Currency Exchange Rates and
International Trade Although complex to assess, there exist a clear linkage
between currency exchange rates and international trade. Strong currency
stimulus in one country has the potential of enhancing export opportunities for
trading partners, because it increases private purchasing power and consumption
of domestic consumers while making national exports more expensive. Conversely,
a weak national exchange rate acts so as to encourage a country’s exports while
discouraging the inflow of imports. [...in "laymens"
terms...?] It means Iraq is in not-such a good position and the rest of the
world (aka - trading partners) would like to see them increase their currency
value. 9-21-2014 Newshound Guru Aggiedad77 I believe...that
Abadi is about to acquiesce to the Kurds in a way that will unfold the HCL to
their benefit and to the benefit of all Iraqi's...he will be seen and known as
the great reconciler for Iraq very soon...he is working hard to bring Iraq into
the INTERNATIONAL light...it grows brighter with each day.
Soon...Soon...Soon.9-21-2014 Intel Guru Frank26 IMO, The best pie is in
the CBI. In the GOI's Budget. 386 plus 10%. WHAT am I looking for? A seated
GOI? Nope. Got one. A Budget? Nope. Got one. A couple of missing Ministers?
Nope. Got'em. A control of ISIS/DASH? Nope. Got'em. THEN WHAT...? LAWS.
THE DADDY OF ALL LAWS FOR THE CITIZENS OF IRAQ!!! HCL (Hydro-Carbon Law). THE
DAY You see the HCL... Nano seconds afterwards You WILL SEE THE IR
(International Rate)!!! Much is going on with Their Oil right now. [See the possible "to do list" in the Dinar Guru Resource Bar on the left]9-21-2014 Newshound Guru tlm724 I am very excited
about this...true power sharing of legislation and their is a very strong desire
to get these critical laws done...Yes security is and always has been a huge
concern but while that is being worked on it is so amazing to see the GOI
forming before our eyes and paving the road towards unity and a better life for
the people of Iraq and for us as well because with the passing of this
legislation comes the stability the CBI seeks!9-21-2014 Newshound Guru tlm724 Article: "Abadi: I
will take tough decisions to resolve the dispute with the oil province and the
latter demands a similar step" so they all met and we hope that be a good omen
for the understanding on many issues and resolve problems between the federal
government and the province...including the agreement on oil...Abadi and the
kurds know this has to be a compromise and yes it will be tough but this olive
branch to the kurds will do wonders for Iraq and its people! 9-21-2014 Newshound Guru Millionday VOTING ON BUDGET...READY TO GO AND ECONOMIC LAWS FOR THE ECONOMIC REFORM -- CBI IS IN THE MIDDLE OF DOING SOMETHING...THEY ARE DISCUSSING IF IT IS THE RIGHT TIME FOR CBI TO REMOVE THE THREE ZEROS OR NOT AND THE VOTE ON THE LAST OF MINISTERS IS TO BE MONDAY. KURDS AND IRAQ GETTING ALONG AND AGREEING -- IRAQ HAS AGREED TO PAY FOR STAFF OF KURDS AND FOR THEIR FORCES AND THE DISPLACED AND ALSO ABADI AND BARZANI MET AND RESOLVED ALL ISSUES ON ARTICLE 140 AND PAYMENTS AND ALL OIL ISSUES AS FAR AS SALES AND FUNDS.
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