These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Intel Guru Frank26 :
[Iraq boots-on-the-ground report] Firefly mentioned that there will be a first step towards electronic transformation in two weeks. Frank added that it would be the digital electronic international transformation. {Mic drop}
According to Iraqi Dinar Newshound Guru Militia Man :
It’s important to consider where the funds will come from for all the road construction and infrastructure projects in Iraq. Additionally, the cost of water, sewer systems, and other necessities must be taken into account. With an exchange rate of 1310, it’s crucial to identify potential sources of funding. Despite these challenges, it’s encouraging to see Iraq moving forward with these initiatives.
According to Intel Guru MarkZ :
[via PDK] According to some banking sources, it is believed that redemptions may commence on Monday, but this is not confirmed. Despite uncertainly, it is important to focus on the fact that we are making solid progress, and things are getting closer. To be honest, I am hoping that it happens this weekend.
According to Iraqi Dinar Newshound Guru Pimpy :
Article: According to a financial expert, the international financial system has made it difficult for Iraq to conduct transactions in currencies other than the US dollar. This has led to a situation where people are avoiding using the central bank and instead resorting to the black market. The expert also believes that the United States is not helping to resolve this issue and is, in fact, contributing to the problem.
According to Newshound Guru Samson :
Article: Iraqis are celebrating their 91st National Day. This day marks a significant milestone in Iraq’s history as it became the first Arab country to shake off the British mandate. Iraq also became the 57th country in the world to gain independence and full powers in accordance with international law. It is a day of great pride for Iraqi citizens who commemorate their country’s achievements and progress over the years.
According to Iraqi Dinar Intel Guru Bruce :
[via WiserNow] They have paid contractors and are also paying according to the HCL Law, which pertains to oil and gas. They have already paid some people who we know received it. Iraq is making progress and fulfilling their promises including releasing the budget. It’s an exciting time and everything is ready to go. We are now waiting to get notified that appointments can start for the exchanges, hopefully as early as tomorrow afternoon or evening.
According to Guest Guru PompeyPeter :
It is necessary for Iraq to become a member of Article VIII to join the World Trade Organization. However, it is highly unlikely that they will announce their membership at 1:00 PM. This is because, theoretically, they could do so, but practically, they will not. The reason being, if they do, they will face severe consequences and will not be able to fulfill the obligations mentioned in their budget. It makes more sense for Iraq to go for a 1 to 4 conversion rate instead of 1300 to 1.
According to Iraqi Dinar Newshound Guru Clare :
Al-Sudani congratulated him on Iraq’s National Day, stating that Iraq will continue to be a pillar of stability, security, and prosperity in the world. It was decided to make October 3 a national holiday back in February 2008; however, this decision did not take effect until September 2020, after the Iraqi government issued a law related to the national holiday.
According to Intel Guru MarkZ :
[via PDK] Message: I received a message from someone who claims that there has been a currency lockdown. They asked Mark if he has heard anything about it. Mark replied that he hasn’t heard anything about it, but he is wondering if that is why he has not been able to reach his Iraqi contacts. He suspects that a currency lockdown may have been implemented in the country.
The questioner then asked what exactly a currency lock-down is. MarkZ explained that it is when a country closes its borders to prevent people from bringing in or taking out currency while they handle a change in value. During this time, they go dark similar to what Kuwait did for about 10 days.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
[Iraqi banking friend Aki update] It was decided to open banks on October 1st in Iraq. The date was chosen because it was based on the release of HCL. Also, this date was selected to pay the Iraqi citizens for their oil sales proceeds via HCL. As of yesterday, all Iraqi citizens above the age of 16 should have opened a bank account, or one was opened for them. As of October 1st, Iraqi citizens worldwide can open accounts in these banks. People have been coming to my bank to open accounts because of the monetary reform education.
According to Intel Guru Frank26 :
It has been decided that the auctions will now be exclusively used by the GOI for its business operations, which will make it significantly harder for Iran to steal dinars through the auctions. Previously, they used to steal dollars through these auctions, but there are no more dollars available now. This is why the security and stability of the country is currently strong. We believe that this is the reason why the country has achieved Article VIII status, and the whole world is pouring in because of this.
According to Iraqi Dinar Newshound Guru Militia Man :
Article quote: The organization has received an invitation from the union to attend a symposium introducing Iraq’s entry into the World Trade Organization. The symposium is scheduled for October 4, 2023, and it is uncertain how it will proceed. We also hope that Ascension will be included.
According to Newshound/Intel Guru Mnt Goat :
Article: Great news! The central bank has announced their intention to use four currencies instead of the dollar for external transfers. This is a positive sign that the currency auctions, which used to solely rely on US dollars for imports, are coming to an end. What exciting news!
According to Iraqi Dinar Intel Guru MarkZ :
I have been informed that there will be a significant increase in activity regarding the removal of sanctions. I anticipate that this will occur within the next 48 hours.
