These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Kaperoni :
They alone will benefit from Iraq’s digital revolution. In Iraq, the physical dinar may not be reduced for several years. Remember that the printed value of the notes we have, such the 25,000 notes, will always equal their face value. Based on Iraq’s accomplishments and economic growth (economic renaissance), as well as the evolution of their financial system, the exchange rate to US dollars should progressively rise. [Post 2 of 2]
According to Newshound Guru Kaperoni :
Article by “Ali Al-Alaq: We are working on creating a digital currency for the Central Bank to gradually replace paper currency” In the event that this occurs, will we have to surrender our cash and permit its conversion to digital? If yes, where will it take place? No, the actual paper will never leave the nation. They agreed to sell it in order to increase their own reserves. We discussed this a number of years ago. According to Saleh, the actual dinar money will be placed in central banks all over the world. [Post 1 of 2…watch this space]
According to Iraqi Dinar Intel/Newshound Guru MarkZ :
[via PDK] In Iraq: “Parliamentary committee: oil exports from the Kurdistan region will begin next week.” This is significant. Along with the budget tables, we have been anticipating this. This weekend, everything seem to be starting to come together.
According to Newshound Guru Militia Man :
We will see the flow of oil and the payment of salary. If it occurs, I would assume that a new exchange rate will be required; we’ll see if that is the case.At any moment, it may be a potent time span. They claim that they can start the oil again in a few hours. We ought to take that seriously, in my opinion. I’m looking forward to it.
According to Iraqi Dinar Intel Guru Frank26 :
inside the starting, the trade fee is seeking out as a minimum 1 to at least one with the american greenback, now not to be matched with it but to be paired with it and probable a basket of global currencies with fee for each other. Then in a while the actual effective change rate will are available in a waft…because the entire global makes use of your currency it will climb in global value by way of buying and selling it…using it…selling it, via crossing it from financial institution to bank, platform to platform. The dinar will grow internationally, then at that factor the CBI will manipulate this financial boom of your change fee via monitoring it and then capping it at a selected range that became tested and permitted through the RV section of your financial reform.
According to Newshound Guru Clare :
Article titled “Three Iraqi fintechs listed in Forbes’ Top 50 Middle East Fintechs” Translation: “Iraq’s financial technology sector has gained significant recognition, with three Iraqi fintech firms—ZainCash, NEO Iraq, and NASS e-Payment—being listed among Forbes’ Top 50 Fintechs in the Middle East.”
According to Iraqi Dinar Intel Guru Frank26 :
We have collected almost 70% of the 3-zero notes. My pals, who are Fireflies in Iraq, don’t even have 3-zero notes. The streets are completely destroyed.Liquidity is nonexistent.All of the American monies were gathered by them.Since they have a large number of lesser notes that are set to be issued, they [say] that they do not have a liquidity problem.
According to Intel/Newshound Guru MarkZ :
[via PDK] Mark, is there a possibility that this may continue until April? No, I don’t. In my opinion, it’s possible that exchanges will continue throughout April.simply because conversations may take some time. Three distinct groups have informed me of their expectations to be processed during the course of the weekend. It’s very likely that 4A will move over the weekend if this occurs.Some wealth managers and redemption specialists have already informed me that they have work this weekend.
According to Iraqi Dinar Newshound Guru Militia Man :
Research Quote: “Enhanced currency sterilization is the process of influencing the value of a country’s currency by interfering in the international and exchange markets. It takes action to neutralize the effect of the interventions on the monetary base and counteract the impact on the domestic money supply.In order to control the value of their currencies and avoid either appreciation or depreciation, central banks frequently interfere in the foreign exchange market.A central bank can increase the money supply by releasing its own currency into the domestic market when it purchases foreign currency. It’s not a positive thing. They’re not acting in that manner. The quote that goes against this is: “Selling foreign currencies reduces the money supply.” They could very well be doing that. Let’s see. [Post 2 of 2]
According to Newshound Guru Militia Man :
Quote from the article “The Central Bank of Iraq lists the reasons for the decline in foreign exchange reserves”As part of their attempts to preserve monetary stability, central banks turn to expanded cash sterilization operations to remove cash liquidity from the market. The central bank stressed that, in accordance with international financial regulations, it still maintains a sizable net foreign reserve in relation to the money supply, notwithstanding the fall. They claim to have it under control and are employing a process they refer to as “sterilization.” [Post 1 of 2…watch this space]
According to Iraqi Dinar Intel Guru Frank26 :
I firmly feel that we Iraqi dinar investors are holding a trump card while the cards are being dished out.The only thing we need is stability and security. Does the exchange rate need to be calculated? No. That was resolved more than a decade years ago by the RV phase. Should we upgrade the banks to contemporary technology so they can compete with the rest of the world? No, the entire ninth floor—the entire floor—is occupied by the US Treasury! …Is that for 1310, in your opinion? Frank, I don’t. That’s great for you, then, since you have the trump card. You do, indeed.
According to Intel/Newshound Guru MarkZ :
[via PDK] Article: “Job grades will not be included in budget tables by the Parliamentary Finance Committee.” I’ve been informed that the budget table will probably reach parliament on Sunday. The prices will be included in the budget tables, according to a lot of speculations.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Article: “The “DIGITAL DINAR” Helps Iraq Face Economic Crises.” The parallel market faces “extinction” as a threat. As part of the shift to digital currency management, the Central Bank of Iraq is getting ready to introduce the digital dinar. I should also mention that this is something they must accomplish right now and is no longer a long-term goal. Now, I mean!