These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Samson :
Newspaper article: “AL-NUSAIRI: THE CENTRAL BANK’S POLICIES AND PROCEDURES HAVE CONTRIBUTED TO NARROWING THE GAP BETWEEN THE PARALLEL AND OFFICIAL EXCHANGE RATES” Translation: “Economic and banking advisor Samir Al-Nusairi expects the US dollar exchange rate to gradually decline to approach the official exchange rate…”
According to Newshound/Intel Guru Walkingstick :
American banks are being imitated by Iraqi banks. These international criteria, in my opinion, do not apply to 1310. They’re not. It’s illogical. 1310 is now quiet as a result. Internationally, it makes no sense. Logically, that doesn’t make sense. A new rate must exist…
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Question: Will we be able to see an RV till this conflict is over? MarkZ: The vast majority of bond connections, group contacts, paymasters, and Iraq contacts I’ve spoken to concur that the escalation of instability and the Iranian crisis will advance the situation. They think this will complete this reevaluation and tie up any loose ends. They all concur that this will speed up the reset rather than cause a delay or a speed hiccup.Thus, I have hope.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: TV is discussing a CBI procedure that has resulted in the official rate and the parallel market’s gap closing for the first time ever. FRANK: The CBI’s boasting about closing the difference between the official and market currency rates is commendable. When it reaches 1 to 1, it will be in a position where it may float globally and arrive at the REER. It’s amazing to observe how the monetary reform is placing everything in its proper place.
According to Iraqi Dinar Newshound Guru Militia Man :
A great deal of geopolitical knowledge is emerging. Really, the news is erratic. I like to concentrate on the advancement.Alaq, Sami, and Sudani have tackled persistent structural problems and difficulties. They have established financial stability, decreased reliance on oil, and promoted sustainable growth.Economic diversification and non-oil revenue streams have been their main priorities.
According to Intel Guru Frank26 :
They have enormous amounts of money to support their currency. Just knowing that this is taking place gives me the peace of mind to sleep at night. I am aware of its imminence.
According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu :
Summary: “The Iraqi private sector confronts significant obstacles that must be addressed to unlock the country’s economic potential, according to Professor Frank Gunter of Lehigh University, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London recently.” This supports my conclusion that Iraq is just not prepared for an economic transformation or a shift in monetary policy. Although it won’t happen anytime soon, an RV will eventually exist. Professor Frank Gunter’s speech to the IBBC audience is exactly what is stated in every one of the 84-page Annual Financial Reports that I have seen.
According to Newshound Guru Clare :
Article titled “Government advisor: The Iraqi dinar is stable, but the parallel market is witnessing a significant decline in the value of the dollar.” As quoted: “Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed and stable rate.”
According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu :
The article states: “Iraq is embarking on a comprehensive restructuring of its banking sector with the assistance of leading international consultancy firms, according to Dr Salih Salman, Advisor to the Iraqi Prime Minister, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London on Tuesday.” Translation: “The Iraqi government has appointed Ernst & Young to restructure six of the country’s seven state-owned banks, including the Industrial Bank, Real Estate Bank, Rafidain Bank, and Rasheed Bank.” This proves without a reasonable doubt that the RV will not occur this year. It would take two to three years to implement banking reforms.
According to Newshound Guru Clare :
The Article: “After 19 days, a financial shift directly affects Iraqis’ pockets” Quote: “Iraq is eighteen days away from enacting a law prohibiting cash payments at government establishments and switching to electronic payment methods for all government transactions.Beginning in July of next year, the Iraqi government intends to eliminate cash payments at government establishments and switch to electronic payments for all government transactions. Campaigns to raise awareness have been started in an attempt to promote the use of electronic payment methods and a shift away from the conventional cash-based society.
According to Iraqi Dinar Newshound Guru Militia Man :
Iraq genuinely enjoys stability and security. It’s far larger than two countries, so just because another country is having some real, serious debate doesn’t mean that it will stop the advancement of what is happening. It is a worldwide problem.
According to Guest Boots-On-The-Ground Guru Maxis :
According to my recent conversation with my employees in Baghdad, half of them have been sent home for a few weeks. “Are you still in the United States?” Are you planning to return? Since I am deemed necessary, I will return on the 17th.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: Saleh returned on television today, discussing the advantages of fixed rates vs variable rates as well as how currency revaluation might occasionally aid in the resolution of underground markets. FRANK: Everything is being set up in preparation for the release of the new currency rate. Even the elimination of Iran’s profits is on the verge of ending.
According to Newshound/Intel Guru Mnt Goat :
Nearly 90% of the cash dinars are remained outside the banking system, despite their insistence that they must move these cash hoards within the banks.Therefore, the first step is to focus on the in-country dinars. They will then target the dinars from outside the nation.I questioned my CBI contact if this also applied to our investor dinners that were hosted outside of Iraq. … Yes, she said me, there would be too much money in circulation and hyper-inflation will happen if they don’t first recover these dinars domestically before the revaluation.By revaluing the dinar domestically, they would first recover these hoards before introducing the lesser denominations.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] In Iraq: “Al Fateh: Until the oil and gas law is approved, the region’s oil smuggling will continue.” We do anticipate that the gas and oil bill and the budget tables will be presented to parliament at any time. There is a lot of talk that it may happen tomorrow [Friday, June 13th, 25]. I am attempting to maintain my composure.