Friday, May 20, 2016


5-20-2016   Newshound Guru wmawhite   Article:  "Urgent .. Iraq gets a financial certificate enables him to deal with international banks with high confidence"   To me, it implies that previous to this action...Iraq (CBI/its banks) were unable to deal with international banks.   so, now they can?  This implies, yes, now they can. This implies change...is this part of the process of entering the economy markets?   i think it is quite reasonable to assume so.  [Won't this be also a chance for the dinar to international now?]  technically...the dinar is international...it is the currency of a sovereign country...it is already accepted by other countries too, such as India. But, what you may be asking about, once the IMF gives its "Good House Keeping Seal of Approval"...Artice 8, more countries will agree to accept/exchange the IQD as part of Iraq settling foreign remittances.

5-20-2016   Intel Guru Bruce
  ...announcement was made in Iraq yesterday - lower denoms are out and being used - Key cards are being used internationally, even in the USA - Iraq has been freed and they are ready to go with new dinar and new rates...what this tells us is that Iraq is off and running and that is great...Thursday mid-morning (today) the entire banking system was re-set... looking forward to a great weekend...

5-20-2016   Newshound Guru wmawhite  there are soooo many indicators out here that gives us reason to believe the IMF knew what it was speaking about...  All of this activity shows me that Iraq is moving further and further along in the process of entering the economy markets ...and the effect of all of this activity will be a change in the status of the IQD as to how the world markets deal with the CBI and it's banks...

5-20-2016   Newshound Guru Aggiedad77   Article quote:  "...to grant the International Monetary Fund and World Bank Iraq, according to the agreement to prepare the credit loan of $ 15 billion, in addition to a financial certification by the IMF gives him a chance to deal with all international banks with high confidence follows ..."  This is setting things up nicely...they should see this money sometime I'm thinking now late June, early July.  And this next part is purely my opinion...can they show a new rate before they get the money?  Well...IMHO...yes sure they can...and I'm thinking that a month to a month and half is a long time to keep something under wraps...that part of their requirements seems to have to be done...otherwise from what we are hearing they wouldn't be getting the loan...logic...but just a logical opinion at this point.

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