These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] These days, bank-related news abound.They keep coming to me. Indeed, they anticipate rate adjustments shortly. Receiving all these bank tales that we never received before is nice.
According to Newshound Guru Jeff :
Newspaper article: “The Central Bank of Iraq decides to restore the mechanism for financing Iraq’s foreign trade, starting next March” …The Iraqi Central Bank is getting ready for the normal banks to start getting ready to trade the dinar against other currencies.The dinar itself has to be transferable in order to be traded against other foreign currencies…What allows a currency to be traded against other currencies is the revaluation process. Once more, they are informing you that they will begin to get ready for this. They will not genuinely begin to do it. They are getting ready to do it on March 1st.This is one of their preparatory steps for the main event.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
[Response to: How a tiny developing country raises the value of its currency and maintains economic stability] It goes without saying that Iraq’s economy and GDP would benefit if this infrastructure was built. That does not, however, equate to any RV or RI.Although the word “strengthen” does not imply a higher rate, as Dinarland hopes, it may make the dinar stronger. It only indicates that the currency is strong and the economy is doing well. Sandy: You’re right. All we can do is hope that the currency appreciates in relation to the US dollar.We anticipate that the value will rise in relation to the US dollar whether or not an RV is there.
According to Newshound Guru Militia Man :
[Bank Story of Mr. IT Guy] The private banker said that he didn’t know but that he would check and get back to my brother when he asked [JP Morgan Wealth Manager] whether he could exchange gold and silver directly from the IQD to avoid using the US money. MILITIA MAN: From what I gather, that’s feasible.Many people have informed me in the past that they will accept any money that is traded on the foreign exchange market as long as it is an internationally recognized foreign exchange currency in exchange for precious metals.
According to Iraqi Dinar Intel Guru Frank26 :
The high-quality sample sheets [of the new lower note dinar samples] are for the workers, but ultimately, when the CBI is prepared, they will use their phone apps—flyers, billboards, television advertising, and so on—to ask the inhabitants of Iraq to visit the banks. “Let us present you to the new lower notes that we hope to be providing for you.” These new 1, 5, 10, 20, 50, and 100 will be projected on Channel One’s Iraqi Financial News.
According to Newshound Guru Clare :
Newspaper article: “Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally” The following is taken from the article: “…international studies estimate that our country has the highest share of natural resources per square kilometer relative to its area worldwide.”
According to Iraqi Dinar Newshound Guru Pimpy :
A ton of you are requesting me…how does the erasure from the zeros influence the stocks around there in Iraq…I realize we were informed that the cancellation of the zeros falls off the conversion standard, which is off-base. It really falls off of their cash, their monetary orders. It’s known as a redenomination…Since 2013 they’ve been discussing the erasure of the zeros off the cash. When inflation is very high, they put zeros on the currency. Now that inflation has been under control for a long time, they are talking about taking the zeros off the currency. No where in there does it say the swapping scale. It states that the change has no effect on the value of the currency against other currencies. Rather it works on exchanges and works on the economy’s general effectiveness. [Post 1 of 2…check back later]
According to Newshound Guru Jeff :
Newspaper article: “The Prime Minister of Iraq receives a new invitation without an appointment to visit Washington” After they’ve revalued their currency, Sudani will be in Washington to talk about regaining their belongings from the US, including all of their OPEC oil dollars.We must return the other assets and collateral we have on them. He is traveling to Washington for that purpose following the rate change.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: Sudani discussed visiting Washington, DC, in order to meet and obtain all oil reserves and assets that are kept in the U.S. Treasury. FRANK: Whoa! As if they’re short on cash! Whoa!
According to Newshound/Intel Guru Mnt Goat :
Question: After the two additional zeros are removed from our notes, which total about 25,000 dinar, would it be difficult for us to cash them in at the new FOREX rate at the end of the month? Mount Goat: Thus, no deadline has been established for exchanging our dinars outside of Iraq. Having said that, we must remember Dr. Shabibi’s assertion in a previous media appearance that the CBI will annul these 3 zero (not 2 zero) notes that we own in about ten years following their reinstatement.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Remark: Nobody in the UK can assist us with our swap. MarkZ: You will find that our procedure in the US is almost the same as yours. This is an international procedure that will take place globally. I’ve heard that foreign banks would also provide you with numbers and contacts to trade. Compared to banks in the US, more of your banks are already proficient in managing foreign currency. You will be notified when it occurs as to which banks are in charge of redemptions. They’re attempting to get your business.
