These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
[Update on Iraqi banking friend Aki] Query: “Do you feel Alaq will give us the new exchange rate this month or at least in this quarter?” AKI This is what I’ve been told. This will not be presented to you as fact. You are aware that I am a bank manager. You are aware of my whereabouts in Dearborn, Michigan.I’ve heard that everything will be finished by the conclusion of the second quarter or the start of the third.
According to Newshound Guru Clare :
Newspaper article: “The IMF mission commends the Central Bank of Iraq.” Quote: “By boosting the issuance of short-term debt instruments, modifying the subscription restrictions for banks in CBI auctions, and enhancing liquidity forecasting tools and procedures, the CBI has made headway in absorbing surplus liquidity.This trend has improved banks’ ties with overseas correspondent banks and increased their compliance with international transparency obligations, including OFAC laws. The difference between the official dollar price and its parallel price has decreased as a result of this action, suggesting that illicit speculation and currency leakage have been largely suppressed.
According to Iraqi Dinar Newshound Guru Militia Man :
Why in the world would the World Bank just provide around $1 billion for the nation [of Iraq] if this unrest was to be an issue? Most likely, they wouldn’t.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY:”We are strong and stable, and we have price discipline, and we have three reasons for that,” Saleh states on television. FRANK: Since 1310 is erratic and jumping all over the place, it lacks price discipline.The main cause is the changing exchange rate. That’s what he’s discussing.This conversion is necessary due to a change in exchange rates.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: We have $930 million from the World Bank on TV news to upgrade our train infrastructure. This is incredible.In interviews, Sudani claims that the private sector is essential to satisfying the demands of the local market.
According to Iraqi Dinar Newshound Guru Pimpy :
Article: “Kurdistan directs banks to halt financial disbursements for two months” nothing formally has come out but that is some thing they would do once they go to redenominate…I do not need you to get too a ways in advance and rely your chickens before they hatch but it’s far a pretty appropriate indicator that it is feasible those suspensions are Iraq preparing for re-denomination. nothing accessible says that formally however this is an action it’s taken proper before re-denomination…there’s a few big things coming economically. They have to be geared up for it. Is Iraq making that push now? Are they going to…re-denominate now so they’re better prepared for the huge financial increase this is going to take area once those new railways, highways, your approaches, my approaches take area and Iraq sees one among the largest financial booms to ever hit the country…?
According to Newshound/Intel Guru Mnt Goat :
Professional associations make up the list of organizations that have been assisting Iraq with all facets of the reforms.They are the same people that assisted Russia in its reforms following the collapse of the Soviet Union. They claim that Iraq is prepared for their upcoming worldwide launch.
According to Iraqi Dinar Newshound Guru Militia Man :
Article titled “World Bank approves $930 million in financing for Iraq” If there was no stability, security, or sustainability effort, why in the world would they be lending slightly under $1 billion? They wouldn’t. That is not what they would do.
According to Newshound Guru Clare :
The Article: “Pezeshkian: We are ready to cooperate to promote peace in the region” Quote: “On Wednesday, Iranian President Masoud Pezeshkian reaffirmed his nation’s willingness to work with others to advance regional peace.Our stance is in favor of a region free of both nuclear and WMDs.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: According to Mr. Sammy, the CBI is removing its payment limits. FRANK: Indeed! FIREFLY: No more restrictions on payments. This was put in place to aid in the fight against Iranian money laundering. Everything was kept safe thanks to it. Although the transactions were safeguarded, they will now be simpler to complete. The news on monetary reform is excellent. Therefore, it is now simpler for businesses and investors to invest in Iraq, and it is easier for our individuals to send and receive money outside of Iraq. This gives us permission to conduct business internationally. According to Mr. Sammy, such fluctuations would occur just before to a shift in our rate. FRANK: At this point, there is no limit. This indicates that the float has no upper limit.
According to Intel Guru Bruce :
[via WiserNow] Each of the four main sources that have been included…They said they anticipate events beginning on Thursday. On the displays, all of our currencies are backed up. Since the rates will be better for us and we have access to the contract rate on the Iraqi dinar—which was in the mid-90s the last time we looked—we support redemption centers.We are invincible. Indeed, we are. We’re ready.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Meetings have suddenly accelerated for Bond people.combined with fresh exchange rates appearing on currency websites [Tuesday] evening…In particular, on the Iraqi dinarThey varied between 722 and about a dollar, or a 1 to 1 parity.The date and rate are unknown.Thus, maintain your composure. However, things are intriguing.