These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Clare :
Article: “What does it imply that the Central Bank platform will be shut down at the end of the year? The Association of Banks provides an explanation. Quote: “…businessmen and the market will not be impacted by the closure of the electronic platform because they will rapidly adjust, the market will return to normal, and correspondent accounts will improve the international trading process.In order to trade in other currencies, Iraq has 15 banks with correspondent accounts with other nations and 6 banks with American correspondent banks.
According to Newshound/Intel Guru Mnt Goat :
Keep in mind the Cash Center, which just opened to receive the hoards of dinars. The first thing to note is that these were dinars, not dollars, and that these are not exchange facilities. These centers show us some success in just the beginning stages of the process to remove the zeros. They are simply depositing their hoards of dinars in the bank and converting them into electronic form. They are doing so in dinars, not dollars. Collecting these stashes of notes is one part of the process. These are not only required for bank liquidity but also to coincide with the dwindling of the monetary mass required to raise the dinar’s rate when the country implements the higher “official” CBI rate.
According to Iraqi Dinar Newshound Guru Pimpy :
This is the one thing that worries me. Elections are approaching once more. Hopefully, Al-Sudani is out there trying to convince people to keep him.Despite the Coordinating Framework’s wishes, Sudani has been implementing several reforms and improvements that have had a significant impact on the Iraqi people. They have been running into each other.
According to Intel Guru Frank26 :
[Report on Iraqi boots-on-the-ground] FIREFLY: According to the CBI, they have plans in place to soon end the dollar auctions because these transactions continue to be corrupt. FRANK: That is accurate. Sudani is removing the auctions from the CBI because all of the theft was taking place there. The auctions will no longer be managed by banks but by Sudani of the GOI; Sudani is no longer playing games. As promised, you will soon have your purchasing power…
According to Iraqi Dinar Intel Guru Frank26 :
Whoever tells you it’s a fraud is a scammer! The reason a bank used to tell us it was a fraud was because its staff members were instructed to say so. They had no better idea…It’s a different matter now.It’s incredible. They’ve changed the song they’re singing.
According to Newshound/Intel Guru Fnu Lnu :
[Respondence to Guru Frank26’s post on the hybrid monetary process from October 29, 2024] By using two sets of books, a “hybrid monetary process” is performed. The fact that two sets of books are not a “Monetary Process” makes this implausible. As Dr. Shabibi stated so long ago, it is far more likely that a monetary process will occur when the new species of lower denomination notes cohabit with the Three Zero notes for ten years. Like many other aspects of the Shabibi restoration plan, it is probable that they have only recently defined it.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] …Wealth management is another field in which my acquaintances who have received training in foreign exchange—more especially, the currencies we own—work. They are all aware of the impending burst of wealth. They share your and my frustrations and annoyances, and they are ready and prepared.
According to Newshound/Intel Guru Walkingstick :
The IQD, the base currency that is now being taught to Iraqi residents as part of the hybrid monetary strategy, is regarded as the indigenous currency. The lower notes that will be released in this instance. The Iraqi dinar is referred to as the base currency; it is the initial currency in a currency pairing.Because of its pairing, the IQD will be the most widely used currency in Iraq and on the Forex market. The float to get to the actual effective exchange rate is that stage.
According to Iraqi Dinar Newshound Guru Militia Man :
Pressure is currently being applied to the illicit market, and it will soon come to an end. By the end of the year, they said. In any case, the dollar auctions will no longer exist. However, they have decreased it in the interim. More than 95 percent of all transactions take place outside of the illicit market.Despite its relative insignificance, the black market nevertheless has an impact on the public.
According to Intel Guru Frank26 :
[Report on Iraqi boots-on-the-ground] FIREFLY: Mr. Sammy, (FRANK:) According to the person in charge of one of Iraq’s banks, all that is required at this point is a new rate to move the remaining items forward. Although it has not yet been published, the budget will be. The HCL must then be voted on as well, and we require the Speaker of the House. Everything here is working together. We will require the Real Effective Exchange Rate in order to view that budget as well as the HCL. FRANK: When it begins to float, the Real Effective Exchange Rate will be established. The second section of the “hybrid monetary reform plan” is that. The first part is to give you money to spend. I concur with Mr. Sammy that significant occurrences are about to occur that will have a significant impact on your new exchange rate and currency.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Question: Will we RV this year, in your well-informed view, Mark? Yes, I firmly think that this year will see the RV.
