These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Sandy Ingram :
One of the causes for the IQD currency adjustment, according to some, is the fundamental distinction between Islamic and Western finance. However, it is no longer the case.Both banking systems can be run concurrently by the Central Bank of Iraq. We don’t realize how far along their financial reform is.Conventional and Islamic banks operate under a single central bank in several nations, such as Malaysia, the United Arab Emirates, Saudi Arabia, and Qatar. Consequently, the CBI’s implementation of the same method was not a huge concern. [Post 1 of 2….stay tuned]
According to Newshound Guru Samson :
Article: : “CENTRAL BANK OF IRAQ : REINTEGRATION OF DOLLAR-DENOMINATED BANKS IS IN ITS FINAL STAGES”
According to Iraqi Dinar Intel Guru Reset Intelligence :
Out of Baghdad, the only question for weeks was who. who oversees the central bank. Who occupies the vacant seats? It became when today, and Baghdad responded. The final nine ministers will be seated in a special session of the Iraqi parliament on July 5, according to Al Hikma, one of the blocs keeping Iraqi Prime Minister Ali al-Zaidi’s coalition together. Al-Zaidi is traveling to Washington by mid-July.There is now a deadline for swearing in, and that deadline is a flight.Compared to the open-ended waiting of the previous six months, a date this particular, linked to a travel this public, is a stronger commitment.
According to Newshound/Intel Guru Walkingstick :
[Update on Iraqi Bank friend Aki] Aki informed us that the new exchange rate and the lesser notes will be arriving at three in the morning.
According to Iraqi Dinar Newshound Guru Stephen :
Iraq is moving more quickly than I have ever witnessed. They are eliminating corruption at a rate I have never witnessed. Everything raises the question, “Hmm, the timing is really intriguing.” In mid-July, Prime Minister Zaidi will travel to Washington. Between now until the middle of July, a lot might happen.What is actually going on behind the scenes if this much is occurring on the surface and they are revealing it? The thrilling aspect is that.
According to Newshound Guru Clare :
The article: “An economist says the government is hinting at the possibility of adjusting the exchange rate in the future” “The government spokesman’s statement does not include an explicit announcement of a change in the exchange rate, but at the same time it does not close the door to a review of monetary policy in the future, especially when he spoke about flexibility in managing the exchange rate and linking it to the requirements of economic growth…if there is a move towards adjusting the exchange rate, it is too early to talk about a specific figure, but any possible change will most likely be limited and gradual to avoid inflationary shocks.”
According to Iraqi Dinar Newshound Guru Jeff :
Article quote: “Prime Minister Zaidi’s visit to Washington on July 15th for crucial working discussions with the US president and administration has been formally announced. The discussion of strategic economic cooperation is the primary issue on the agenda.” That isn’t possible at 1310. At 1310, strategic economic cooperation with the United States is not possible. At 1310, you can’t draw in big American businesses.They are traveling to the United States since the rate for freaking foreign business has changed. There is no greater transparency than that. Excellent article.
According to Intel Guru Reset Intelligence :
Bessent discussed the return of various nations to dollar invoicing, highlighting Venezuela and Iran, both of which have faced sanctions and isolation. Russia is also anticipated to seek re-entry into the global market once the conflict in Ukraine concludes. The sanctions serve as a deterrent, while the dollar represents a pathway to economic engagement, with transparent financial practices acting as the necessary toll for access. Notably, Iraq was absent from Bessent’s commentary, as it has made significant progress in this regard. Following the U.S. decision to restrict many of Iraq’s banks in late 2022, the country has been diligently working to restore its dollar access under American oversight. On June 22, the central bank announced that its restricted banks are nearing the completion of their reintegration process, simultaneously denying any intentions to alter the exchange rate, a denial that serves as a revealing indicator of their strategy.
According to Iraqi Dinar Intel Guru Bruce :
I think the dinar’s reinstatement is closer than it has ever been. But first, there are some laws that need to be approved in Iraq. Reviving the economy to at least 45%–50% non-oil income may undoubtedly have a significant impact on Iraq and the IMF. Everyone ought to be fully aware of these incidents by now, as they contributed to the currency reform process’s delays.
According to Newshound/Intel Guru Mnt Goat :
I think the dinar’s reinstatement is closer than it has ever been. But first, there are some laws that need to be approved in Iraq. Reviving the economy to at least 45%–50% non-oil income may undoubtedly have a significant impact on Iraq and the IMF. Everyone ought to be fully aware of these incidents by now, as they contributed to the currency reform process’s delays.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Article: “Priorities of the new Central Bank Governor: Implementing Oliver Wyman’s criteria is of utmost importance” An integrated banking system with no dollar restrictions is a priority. They also want to inform us that they will be overseeing the “Exchange Rate.” There is considerable debate surrounding this issue, reminiscent of the situations in Kuwait and China just before their last revaluations. Article: “Al-Aboudi: the government and the Central Bank adopt a flexible approach to the exchange rate” indicates that they are prepared to adjust it according to requirements. Subsequently, the Iraqi government stated, “There are no plans to change the national currency or remove three zeros from the Iraqi dinar at this time.” This statement echoes what we heard on the morning of Kuwait’s revaluation. We find ourselves in a situation where the Iraqi government is conveying one message while the Central Bank is delivering another. We have been informed that the RV is now under the control of the Central Bank of Iraq, which does not require the government’s involvement at all.
