These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
Sudani is in charge of monetary reform, even if there are banking and CBI rules. The auctions are under his authority. These days, only the Iraqi government owns the auctions. They will only go via the CBI for the Iraqi government.
According to Intel Guru MarkZ :
[via PDK] The article “Sudanese arrives in Turkey on unannounced visit” is significant since it indicates that the HCL is making significant strides. This pipeline to Turkey is a component of the “Development Road Project” (Hydro Carbon Law)…A pipeline that passes through Turkey will carry a significant amount of Iraq’s oil shipments. Turkey already receives the majority of the oil from Iraq’s Kurdish area.For the HCL, this is a crucial step.
According to Iraqi Dinar Newshound Guru Samson :
The article: US study: The political and economic situation in Iraq is kept under control by Washington.
According to Newshound Guru Militia Man :
Politically speaking, all three presidents are seated, which is lovely in the eyes of the world. That is pretty significant. I really enjoy that.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: CBI Governor Alaq said on TV that our foreign reserves were 140% greater than the amount of money we now issued. FRANK: Can you envision what your future exchange rate would be like based on those words?
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: According to television, the HCL will be authorized by the end of this year at the latest. They claim that before the year is over, the budget investment side will also be made public. And before the revised 2025 budget can be presented to parliament in early 2025, all of that needs to take place. FRANK: Have you got greater faith in me? When I say this year, not next year, do you agree with me now? FIREFLY: We absolutely comprehend.
According to Iraqi Dinar Intel Guru Frank26 :
An story regarding the price of oil caught my attention.Recall that I stated that the price of oil is $70. It’s terribly incorrect.The CBI Chairman declares, “Hey, we need to change the price of oil from $70 to $40 because they know the price of oil can reach $50 or $60.” You will lose money in a few months, especially after the conflict is over, if you put oil at $70 in the budget.Without a doubt, oil will decline. $40 in the budget will be the next move regarding oil pricing. That is extremely excellent because they want the oil price to work with the rate and they know they will modify it.
According to Guru Nader From The Mid East :
I came upon an article concerning the price of oil.As you recall, the price of oil is $70. It is truly incorrect.”Hey, we need to change the price of oil from $70 to $40 because they know it can reach $50 or $60 on the prices,” declares the CBI Chairman. If you put oil at $70 in the budget, you will lose money in a few months, especially once the battle is over.Oil will undoubtedly decline. The budget’s next move on oil prices will be $40. That is excellent since they intend to adjust the rate and want the budget to reflect the oil price.
According to Iraqi Dinar Newshound Guru Clare :
The article: “Qusay Saddam seized $900 million and loaded it in trucks in 2003 – Central Bank Governor” “We inherited an abnormal situation without any real basis for stability after 2003,” the statement reads. Qusay Saddam Hussein confiscated our $900 million in reserves that year and put them on a vehicle. Dates and numbers are used to document this. Thus, we began anew. There were only 4 trillion dinars in circulation. We now have more than 100 billion dollars in reserves and more than 100 trillion dinars in circulation.
According to Newshound Guru Militia Man :
In terms of managing monetary mass, they are lowering inflation and keeping the overall level of price under control. What happens when the monetary mass is reduced? There is less money in the system if it is removed.You are more valuable. The money supply is being reduced. The inflation rate has decreased by about half from its previous level of 7.5% to 3.8%. Wouldn’t it make sense to assume that they would decrease the monetary mass by roughly the same amount if they decreased inflation by nearly 50%? It certainly appears to be.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: According to television, the dinar should be linked to a basket of currencies and the currency auctions were an error. It’s the best thing for our economy, they say. FRANK: Isn’t this instruction about monetary reform off the hook? They tell them all the time. It’s not going to stop!
According to Intel Guru MarkZ :
[via PDK] Question: Mark, what do you anticipate the rate to be? MarkZ: Just speculatingHowever, I believe it may be $3.91.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Article titled “AL-ALAQ: THE VOLUME OF CURRENCY IN CIRCULATION EXCEEDS 100 TRILLION DINARS” As stated in the quote, “Today, we have more than 100 trillion dinars in circulation (issued currency), not all of the money supply, and reserves of more than 100 billion dollars, which means that the Central Bank has achieved an important basis for monetary stability.” The central bank explains that inflation is the fundamental indicator of its capacity to carry out its mandate. It is below 3.8%, which is thought to be the average proportion that genuinely attains stability and prosperity.