These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Jeff :
For Iraq, the second part of December was a crucial time. Why? Iraq halts and suspends its credit and lending operations, which are based on the value of the national currency, in the second part of December. Iraq would have to halt and cease lending and credit activities if they were to alter the value of their currency. It’s crucial because of this.
According to Guru Nader From The Mid East :
I have the impression that we are quite close. Very near. like close friends. Everyone will be glad once the auctions are over, in my opinion. I believe that it will end on the 28th.70% [chance] to 80%.
According to Iraqi Dinar Intel Guru Frank26 :
The worldwide basket, in which [the dinar] will be paired and a new exchange rate will exist and flourish, is introduced by the introduction of all these other currencies [to trade in for import/export]. In order to cope with other currencies that have their own value, they are replacing the CBI auctions with value for your currency, which excites me.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: Mr. Sammy stated that in order to prevent the possibility of a currency collapse, value would need to be introduced once this auction ended. FRANK: The words are great, straightforward, and well expressed. Particularly well-chosen sentences that perfectly capture its essence…It’s a checkmate. No other move is possible.
According to Iraqi Dinar Newshound Guru Militia Man :
Article titled “The path to develop unending oil” Translation: “The Development Road Project is one of the most important strategic projects that will enhance Iraq’s position as a commercial link to the East and the West, describing it as the oil that never ends.” There is an enormous amount of oil in Iraq. When you combine the enormous amounts of non-oil income, tourism, and agriculture, it will be the oil that never runs out.
According to Newshound Guru Clare :
The article asks “Did non-oil revenues contribute to Iraq’s budget?” The following quote: “Advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed today, Saturday, that non-oil revenues have witnessed a significant change in their contribution to budget resources, while he indicated that the government program seeks to raise them to 20%.”
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] This weekend, rates did momentarily increase once again. It’s becoming exciting. Over the weekend, $3.47 appeared on several currency and FX websites in Iraq.displaying the $3.47 IQD. I wish I had been sitting there with cash in my hand and a bank open when it exploded. We received comparable figures from contractors that estimate the fee for their contracts. Seeing those rates rise was thrilling.
According to Intel Guru MarkZ :
[via PDK] This week makes me feel fantastic. My connections in Iraq tell me that because their government is taking a vacation, now is the best moment to do it.
According to Iraqi Dinar Newshound Guru Clare :
The dollar market is on “one leg,” according to the article. The exchange rate and a new mechanism are in danger. Quote: “In light of the news that has been going about, the Central Bank of Iraq is getting ready to discontinue its use of the electronic platform for dollar transfers overseas, even though experts have cautioned against increasing the exchange rate further.Economists are concerned about the possible effects of the recent news reports on a move toward a fresh exchange rate adjustment on the overall economic process.
According to Newshound Guru Militia Man :
Iraq has repeatedly attempted to erase the zeros. When they do, value will be added, and the project itself and the signs indicate that the dinar may be stronger than the dollar.
According to Iraqi Dinar Intel Guru Frank26 :
It is no longer considered a fraud by the banks. Now that the banks are staring at us, their eyes are wide open, and they ask for our name and phone number. They then forward that information, and the next thing you know, those wealth management people are calling and saying things like, “Hey, listen, I want to talk to you, I want to set an appointment, you have any questions, etc.” They may be phoning you because they know who you are, even though you only have five cents in your account.
According to Intel Guru yada :
…the contractors got their exchanges, Iraq has eradicated ISIS and corruption, and banks now have digital banking, which takes the money away from the CBI. The rate change amendment was completed last weekend, and the Iraqi public is aware that the rate is fluctuating. Additionally, Iraqi banks are now using the basket of currencies for foreign transactions.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Various contractors and contractor organizations have provided me with updates. According to my personal buddy there, he won’t provide a pricing since doing so would jeopardize the contracts. However, while they are redrafting contracts, I have heard from a few others that the most frequent rate they are being quoted is $3.92. That may or may not be true, but I felt it was worth mentioning. It could simply be circletel because I heard it from several places, but it does suit the expectations rather well. Although $3.92 would be fantastic, for the time being, take it as a rumor.