These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Pimpy :
One remark from the community reads, “Delete the zeros, that’s good, that’s off the exchange rate.” No. A redenomination occurs when the zeros are removed. The zeros are removed first when they redenominate. You’d best hope that the exchange rate changes.
According to Newshound Guru Sandy Ingram :
Moving away from the former centralized electronic platform, the Central Bank of Iraq has successfully finished the shift to allowing Iraqi banks manage foreign exchange transfers directly through their overseas correspondent banks. This change is a significant step in bringing Iraq’s banking practices into compliance with global norms.
According to Iraqi Dinar Intel Guru Frank26 :
Regretfully, the majority of people are not suited for this investment. They are forced to remain silent and pay taxes. However, information is potent. Every action taken to increase buying power is visible, as we are discovering through AsraFlak, which provides monetary reform education to Iraqi residents.
According to Newshound Guru Militia Man :
Newspaper article: “The central bank’s approach to banking reform and development contributes to accelerating Iraq’s accession to the World Trade Organization.” Iraq has not yet achieved complete admission. And until they are really multinational, we constantly think they won’t have it just yet. However, Iraq’s actions demonstrate that they are prepared to continue. All of it is supported by the news, which makes it really exciting.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Question: After we receive alerts, how long do you anticipate we will have to redeem? MarkZ: I think the absolute minimum is 30 days to swap. There will be plenty of time for us to communicate.
According to Intel Guru MarkZ :
[via PDK] Regarding the bond side…Today and tomorrow are packed with important meetings. Many of the contacts think they will finish their business. It would be a great start if we could finish the top 25 groupings by Thursday. The news is fantastic; all we need is for it to materialize. I think this will provide us with the numbers we need to start a revaluation.
According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu :
Iraq does not need to revalue its currency in order to continue to exist, prosper, and go forward. I have emphasized that success and FOREX listing are not dependent on economic and monetary change.
According to Newshound Guru Militia Man :
When will this go place? What else will cause it to be delayed? Is it only an interlinking, or is there [a delay]? Is there synchronization going on? It can be due of the complexity of the problem.When pairing currencies simultaneously, everyone must be in agreement for it to function.Markets are susceptible to shocks. The World Bank, US Treasury, US Federal Reserve Bank, IMF, and Bank of International Settlements, in my opinion, know a lot more than we do. Every central bank is far more knowledgeable than we are.
According to Iraqi Dinar Intel Guru Frank26 :
At 1310, everything seems illogical. The fact that we don’t see the wages, HCL, budget tables, or cheaper notes is, in my opinion, quite compelling proof since everything on that list is only awaiting the new exchange rate.There is a complete halt. It’s all frozen. It’s as if someone set a timer, halting time in Iraq until a new currency rate is introduced.
According to Newshound/Intel Guru Mnt Goat :
It needed a businessman like Donald Trump to recognize the opportunity in Iraq for American businesses and, more importantly, to seize it. However, Trump is aware that he must dispel the myth of Iranian influence in Iraq before he can persuade American businesses to visit. Today, we have a very clear picture of the direction of Trump’s foreign policy toward Iraq, and it is all excellent!
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] I keep hearing that the budget tables contain a rate.and they are making every effort to delay the budget until they have approval to “GO.” I’m hearing that rumor from Iraqi sources as I leave the country.
