These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Clare :
Article titled “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, in line with the Central Bank’s strategy and ongoing measures for comprehensive banking reform”
According to Newshound Guru Sandy Ingram :
Iraq uses a currency auction method to control its exchange rate. The Central Bank of Iraq sells US dollars, which are obtained from Iraq’s oil earnings, to authorized banks and money exchangers at auction every weekday. This is how importers obtain foreign cash and how the IQD to US dollar conversion rate is regulated.Options, futures contracts, and other financial instruments traded on international currency exchanges such as the Chicago Mercantile Exchange are not available for the Iraqi dinar. Because of this, institutional investors who could be seeking large-scale speculation or hedging cannot access it.
According to Iraqi Dinar Intel Guru Frank26 :
What happens to the Middle East, or better still, what happens to Iraq, when you remove the terrorists that everyone on the planet fears, when you remove that kind of rulership? Freedom, stability, safety, security…
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY:According to the Asraflak website, Iraq’s future lies on digital technology. They claim that our monetary reform will be secure and stable if we assist them in bringing in our three zeros and digitalizing our nation. FRANK: They aren’t playing around. Is digitalization here to stay? I’m not sure. There are aspects of it that are both fascinating and frightening.
According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu :
Other than liquidity problems and banks being able to convert dinar into dollars, I don’t notice any mention of monetary news in my IMF and GOI publications.
According to Newshound Guru Kaperoni :
The article states: “Iraq is among the top 10 countries in the world in terms of natural resources.” I brought this up a few years back. Iraq was never able to drastically increase its currency overnight because of this. Given that their total natural resource net worth is only $16 trillion, such an occurrence would cause them to become bankrupt. In order to lower the money supply (remove zeros) from trillions to billions, the dinar’s value can only increase gradually over time.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
Iraq can be pulled into the geopolitical crossfire if it is thought that the country is supporting one party over the other. To put it briefly, the Israel-Iran confrontation may cause oil prices to rise, which would temporarily improve Iraq’s income, but it may also raise regional instability, discourage investment, and increase operational risks in the country’s crucial oil industry.
According to Newshound Guru Militia Man :
Quote from the article: “Representatives advocated for a ban on cash payments in government organizations.This implies that cards will replace paper money to the tune of 80%.To get money out of people’s pockets and into banks, these actions should be taken more often. It’s a good thing that they have been working to reduce the amount of money in circulation for a while.
According to Iraqi Dinar Intel Guru Frank26 :
Summary: “The Iraqi Ministry of Finance announces the cessation of paper currency in all financial transactions and the adoption of electronic payment methods as the sole option for processing payments and revenues in government institutions” THE NEW EXCHANGE RATE IS PROTECTED BY GOING DIGITAL! All of this is wonderful.
According to Intel/Newshound Guru MarkZ :
[via PDK] Comment: A lot of people are saying that there are no 800 numbers or redemption centers. MarkZ:…It all comes down to definitions. A bank is what we refer to as a “redemption center.” a redeeming bank that has provided training to its employees on this trade. We are not claiming that we will visit a pop-up venue in a dim, shadowy area. A redemption center is a bank site where our currencies will be exchanged and redeemed. Have you ever had a customer service issue and phoned your bank’s 800 number? The same thing applies. There will be someone on the other end who is truly aware of our interactions if banks release new 800 numbers for them.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Article: “a central authority guide exhibits THE truth approximately THE DEVALUATION OF THE DINAR in opposition to THE dollar.” Quote: “there may be a shortage of coins liquidity in Iraq and that salaries are “unsafe,” …in early July the govt’s plan is to pay ALL salaries by way of automated deposit in the citizens financial institution account. if they haven’t installation an account they’ll not receives a commission…This motion by way of the government is hoped to hold more coins in the banks to assist with the liquidity difficulty. it can also flush out the stashes and hoards of coins within the homes this is said to be almost 90% of the issued cash..however keep in mind that you and me also have dinar and our stashes must additionally come home to roost…lol… 🙂 they’re going to come for our dinar next….
