These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Intel/Newshound Guru Babysmom :
Community Remark: Today, HCL is finished and completely financed. Next up for us… Babysmom: HYDROCARBON LAW STANDS FOR HCL. IRAQ’S OTHER PARTIES RECEIVE THE PROFITS FROM BAGHDAD’S OIL SALE, DIVIDING THEM UP BY THE LAW. The question of how much of a profit percentage the other parts of Iraq would receive has always been up for debate.
According to Intel Guru Frank26 :
I believe that a number of talks with banks took place last week. In my opinion, the Central Bank of Iraq is pinging like a submarine or putting out a “beacon.”All of these [U.S.] banks are currently receiving this data, information, and intelligence quickly.After rejecting and calling it a hoax, they now respond, “We’ll talk to you soon.”
According to Iraqi Dinar Newshound Guru Clare :
The Article: “Iraq Increases Reserves at IMF by 50%” Quote: “According to the exchange rate as of October 8, 2024, the Iraqi Cabinet…approved an increase in Iraq’s quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), or 1.45 trillion Iraqi dinars [$1.1 billion].” The country’s voting authority inside the IMF will be strengthened by this 50 percent increase.SDRs were established by the IMF as an international reserve asset to augment the official reserves of member nations.They are a possible source of funding for countries that are members of the IMF.
According to Intel Guru MarkZ :
[via PDK] They used to be a year or six months behind schedule, but today the Kurdistan administration announced September wage payments.However, they now declare in October that September salary will be paid. This indicates to me that money is moving. This is an occurrence of an HCL need. I believe that HCL is over and that the news is being concealed.
According to Iraqi Dinar Newshound Guru Samson :
The article: “Government advisor prefers maximizing non-oil revenues by 2024”
According to Newshound Guru Sandy Ingram :
Despite being one of the largest oil producers in the world, Iraq faces fuel shortages. In March 2024, the vice governor of the central bank stated that Iraq is battling a thriving currency black market. He made this statement three months after it became illegal to use dollars in Iraqi transactions. Some economists propose introducing currency flotation as a bold strategy to address these two issues. The CBI’s peg to the dollar would basically be removed, allowing market forces to determine the dinar exchange rate. A country appears to have more room for a parallel market or black market the more controls it has… [Post 2 of 2]
According to Iraqi Dinar Newshound Guru Sandy Ingram :
A black market is the illegal trade of goods and services that are either prohibited by law or sold to avoid taxes and regulations. A parallel market is the legal trade of goods or currencies through distribution channels that are not authorized by the original manufacturer or the official regulatory body. Because Iraq has strict currency controls, the black market is automatically made easier… Iraqi citizens are not allowed to drink alcohol, so the alcohol black market is probably huge. Oil smuggling is another illegal product in Iraq. [Post 1 of 2….stay tuned]
According to Intel Guru MarkZ :
[via PDK] Article: “Iraq Parliament anticipates voting on legislation pertaining to economic reform shortly.” This relates to the Industrial Investment Law, and it is, in my opinion, one of the most significant indicators that we saw in their “white papers.” They are outlining every step they must take in order to justify a higher charge. To maintain this higher rate and improve the lot of all Iraqis, they are implementing economic changes.
According to Iraqi Dinar Newshound Guru Clare :
The article: Quote: “America is exerting strong pressure to conduct negotiations with Iran regarding the future of the region through Iraqi mediators.” A US delegation arrives in Baghdad to prepare a draft for “indirect” negotiations with Iran. In contrast to Tehran, which holds that each issue is distinct…”, it wants to use the concept of a “one basket” approach to resolving all problems.
According to Intel Guru Frank26 :
[Continued from Bank Story] He says yes. I said, you need to call them and check whether you can buy the dinar and dong? He goes sure thing. He texts me back a half-hour later, saying, “Brad, I can also get them here in Indianapolis.” They originate in Miami. Why would Huntington Bank suddenly offer dinar and dong trading at 970 locations across 11 states? Boom! FRANK: I have a Huntington Bank in Toledo, Ohio; in the past, they did not sell dinars. What exactly are they doing now? The reason IMO exists is that it makes it possible for them to trade the three zero notes. [Post 2 of 2]
According to Iraqi Dinar Intel Guru Frank26 :
[Story of Bank] BRAD: I made a small deposit into my account at Huntington Bank in Pennsylvania and stated that I would like to place an order for Iraqi dinar, but before I do so, I would like to see how much I can get for my money. To cut a long story short, they sell them at the program rate, which you are aware is nothing special. By the time I left, I realized that all I had to do was have her take money out of my account. I was at the top of my game. I called Gary after returning home. I said you live in Indianapolis, Do you have any Huntington Banks where you are? [Post 1 of 2….stay tuned]
According to Intel Guru MarkZ :
[via PDK] There’s hardly much to report from Iraq.However, this one is good.”Baghdad’s Treasury receives 77 billion dinars from Erbil,” which indicates that you should always keep an eye out for the Hydro Carbon Law. Until they pull the trigger, they’re attempting to hide things.However, they act as though it has already been completed.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Iraq will undergo a “redenomination,” which refers to the process of replacing older, higher-denomination three zero notes with newer, lower-denomination ones. When money is taken out of circulation, deflation occurs, which means that the value of your currency rises. In addition, the system will be forced to restore the dinar to its nominal value by all of the other assets and variables involved. They are doing this redenomination in order to “normalize” their currency by returning it to its “normal” denominations prior to the sanctions. They will likewise require a “standardized” rate and not this current “smothered” rate…
