These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi DinarNewshound Guru Militia Man :
From the article: “It’s proven by the reality of price stability and control of inflation and the price traded outside those channels is an abnormal price.” As we’ve been searching for, they’re emphasizing that it’s an unusual unlawful market that is coming to a stop. Everyone in that 5% [black market] is expected to have serious difficulties or just stop earning amazing [illegal] money if the currency’s value is changed to be stronger than the dollar.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: The CBI is discussing expanding the use of local new currencies for money transfers.It’s the Chinese yuan, the Saudi riyal, the Turkish lira, and the Jordanian dinar, according to Mr. Sammy. FRANK: Because of the program pace, none of these nations have ever handled Iraq in the same manner as they do now. It indicates to me that we have a new rate, or else they wouldn’t do anything to assist Iraq.
According to Iraqi Dinar Intel Guru Bruce :
[via Wisernow] Before Christmas, they wanted us to have this.Let’s see what occurs, and let’s hope that’s the case.
According to Newshound/Intel Guru Mnt Goat :
The latest action taken by the correspondent banks should first completely eliminate the parallel market and align the dollar with the “official” rate set by the CBI. First, this was required. The CBI then intends to implement the project to remove the zeros and provide the new in-country CBI official rate that we have been anticipating. I recently spoke with my CBI contact on Wednesday, and they informed me this. All we can do is wait and watch what occurs. I wish I had more good news to share with you. This is a really delicate moment, and things will shortly move quickly. There isn’t any greater news that comes to mind right now. [post 2 of 2]
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Article: “Central Bank Governor: The Black Market Is Eliminated by Opening External Channels with Foreign Currencies” Opening channels in foreign and Arab currencies stabilizes the exchange rate and progressively eradicates the black market, Central Bank Governor Ali Al-Alaq affirmed Thursday. We were informed of the parallel market problem, and my CBI contact informed me that before the project to remove the zeros could proceed, the parallel market rate needed to match the “official” CBI rate in order to enable the in-country devaluation of the dinar. They claimed that the parallel market should be eradicated via the new correspondent bank process.Before anything else happens, the RV will happen. [post 1 of 2….stay tuned]
