These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Intel Guru Frank26 :
Paper “Parliamentary Finance: We are close to ending the phenomenon of “parallel markets” and prices are heading to decline” It’s getting harder for you to inform the public that their new exchange rate will soon be implemented.The CBI is holding a meeting on this same topic next week!
According to Iraqi Dinar Newshound Guru Militia Man :
Currently, efforts are being made to put a stop to the so-called parallel marketplaces. “The dollar will not be exchanged except at the rate approved by the Central Bank of Iraq,” according to the article. The office exchange rate, which is 1310, is worth 10 to 20 points on each side. Citation “Over the coming days, the parallel markets will progressively deteriorate and eventually close.” If they implement a Real Effective Exchange rate, I’m very sure that eventually will disappear. However, we’ll have to wait and see.
According to Newshound Guru Pimpy :
To be a member of the World Trade Organization, you are not required to alter your exchange rate. Vietnam has a poor quality currency and is a member of the World Trade Organization.You are under no need to adjust your exchange rate. They are able to enter with a program fee.
According to Iraqi Dinar Newshound Guru Paulette :
They would need to make a second adjustment to 763.4 from 1310 if they are indeed moving toward a straightforward three decimal place change in their exchange rate, and they are headed to 1.31 USD to 1 IQD.Currently, 1310 IQD to 1 USD would become 1.310 IQD to 1 USD, or 76 cents per IQD, with a simple three-place decimal shift.
According to Newshound Guru Samson :
The Article: “Parliamentary Finance: We are close to ending the phenomenon of “parallel markets” and prices are heading to decline”
According to Iraqi Dinar Intel Guru Frank26 :
They were required to perform three things by the Davos summit. Do you have enough cash on hand to support your currency? Yes, it was demonstrated. 2. Is your monetary reform under monitoring or under your control? For this reason, the IMF and the US Treasury both provided explanations. Alright, good. 3. Are your banks under observation? …Yes. That is sufficient in our opinion. You comply with Basel 3…This is quite significant.
According to Intel Guru MarkZ :
[via PDK] Is there still a chance that things may work out this month? MarkZ: I believe it is feasible. Even if we haven’t yet reached the banks, I’m hoping that this month will at least bring news.
According to Iraqi Dinar Newshound Guru Militia Man :
Salary payments and the oil for the [??] Port have not yet been made. What happens when one thing leads to another? An actual effective exchange rate. That, in my opinion, is where we are. That seems very obvious to me.
According to Newshound Guru Pimpy :
Article: “America sends a crucial message to Iraq. Urgent.” The Sudanese are researching it in order to react. Not only did they withhold the contents of the communication from us, but they are also informing us that a significant one was received.It must be quite severe.Before there is ever an exchange, Iraq must remain safe and stable in order for their economy to expand, for foreign investors to become engaged, and for their dinar to appreciate.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: The Parliament Finance Committee is reported on television as indicating that the parallel market closure and dollar exchange rate solution are imminent. FRANK: How can they tell them in how many ways?
According to Newshound/Intel Guru Mnt Goat :
Quote from Appointee Head of the state and Unfamiliar Pastor Fuad Hussein: “Iraq’s attempt to take its natural place in the region and the international community.” …Part of how it affects us financial backers in the dinar is to understand that when they notice worldwide local area, they are talking global…liberating Iraq from the conflict years. It is a Reality they can’t work successfully in the worldwide field without a tradable money on the cash trades, like FOREX. I believe that when you put all the FACTS together, you can clearly see where they are leading Iraq, which is down a very nice road of prosperity and abundance… Iraq is also on the verge of a final announcement into the World Trade Organization (WTO), and we know that they want back their dinar in the process.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Good news keeps coming in. Over the last 2 days in Iraq I’ve read approximately 4 stories asking to expel the US. Additionally, concerning their carrying out their economic reforms or white papers and fixing their exchange rate. “Restoring” means, to me, going back to the original state. Correct? and bringing it back to its previous heyday as one of the world’s most valued currencies. In my opinion, that would imply at least $3+. If you do the math, $3.22 in 1991 would represent a rate of almost $7.25 now after accounting for inflation. Yes, it would be something. WOOW
