Iraqi Dinar Guru opinions 1-14-2025

Iraqi Dinar Guru opinions 1-14-2025

1-14-2025 Intel Guru Frank26 The monetary reform policy has been going through some steps. It has been evolving the policy and they’ve been using many mechanisms to assure this. Now they’re sitting in a position…Sudani, the CBI and the US Treasury have been [very close]…The 8th floor of the CBI building, that whole floor, belongs to the US Treasury. You think they’re going to be there because they’re going to keep the exchange rate at 1310?

1-14-2025 Newshound/Intel Guru Mnt Goat Article: “ECONOMIST: THE CENTRAL BANK’S POLICY IS MOVING TOWARDS GLOBALIZING IRAQI
BANKS” Quote: “Safwan Qusay confirmed that the Central Bank’s policy is moving towards globalizing Iraqi banks, while stressing that it will contribute to raising the status of these banks globally” also “the process of ending dealings with the electronic platform will contribute to accepting local banks that have the ability to provide guarantees and international compliance conditions with international correspondent banks.” Yes, “providing guarantees and international compliance” is all insurance related. Investors in Iraq need to know that their funds in Iraqi banks will be protected…

1-14-2025 Newshound/Intel Guru Mnt Goat Article quote: “He added that these correspondent banks can carry out the process of changing the Iraqi dinar to any global currency immediately, and for more than a million banks around the world.” What did it just tell us? A million banks around the world? What does this mean to us as investors? We know that…conditions to get back to FOREX that this insurance part is a pillar of the financial reform. Therefore, it is a reform that needed to take place and is now taking place. Also, I want to add that the statement of “changing the Iraqi dinar to any global currency immediately” is an amazing statement…Could this news get any better at this time? Can this be what is holding up the revaluation and the reinstatement?

1-14-2025 Intel Guru MarkZ [via PDK] Comment: My Wells Fargo finally confirmed the RV. MarkZ: They all know its coming…They know we are having a complete change in the system and we are going asset backed…They know gold is an important piece. Im not sure if they will use the same terminology you and I use or will they call it something different?

1-13-2025 Intel Guru Frank26 They told the Iraqi citizens we are in the process of adding a mechanism to add purchasing power to your currency. Sudani constantly kept talking about it in November and December last year – ‘I promise I’m going to do it. I promise you’ll have more purchasing power than the dollar.’…He actually kept his promise because there is no dollars in the country of Iraq. The only currency in Iraq right now is the Iraqi dinar…It has more value than the American dollar that has zero value inside of Iraq, therefore the Iraqi dinar now seeks a door…

1-13-2025 Newshound Guru Militia Man The cash cow is seriously coming to an end. We already saw that the black market/parallel market/dollar auctions they’re bye-bye…It’s true. It’s in writing…Those that are out there suggesting that it wasn’t going to happen, it already did…

1-13-2025 Intel Guru MarkZ [via PDK] Article: “The house of Representatives votes to amend the passport law and extend the work of the election commission” If you read deeper in the article is states the second reading of the budget law was successful! We did indeed have the second reading today.

1-13-2025 Newshound Guru Sandy Ingram At the present time, January 2025 the Central Bank of Iraq has severe limitations on trading the IQD on the markets. We are not sure if the limitations are because of U.S. sanctions, the Islamic faith or both…One of the fundamental tenants of Islamic finance is the prohibition of gharar, or excessive uncertainty and maysir or gambling both of which are deemed detrimental to individual and societal well-being…The foreign exchange market presents a challenging ethical dilemma for Muslims. While forex trading is a legitimate global financial practice, its nature and mechanisms often raise questions…Gambling or maysir, is unequivocally prohibited in Islam…However some scholars suggest forex trading can be permissible if conducted in a manner that avoids speculation, interest and excessive risk.

1-13-2025 Newshound Guru Jeff ‘Enhance integration into the national and global banking markets.’ That’s why this is waiting for the rate to change. You have to have an internationally convertible recognized currency first, then they can get into the global banking market.

1-13-2025 Intel Guru Frank26 We have security and stability in order to introduce the new exchange rate that Dr. Shabibi and the US Treasury have been protecting for a long time. There are no more CBI auctions. It is now called… remittance, just like the American banks do…The CBI is now functioning exactly like international banks, exactly like American banks…

1-13-2025 Intel Guru MarkZ [via PDK] Question: What is your gut feeling Mark? MarkZ: My gut is screaming sometime between now and Jan 22. Just a guess…

1-13-2025 Newshound Guru Pimpy Article: “CBI Tower and Grand Faw Port Ranked Among World’s To Mega Projects for 2025″ There are a couple of mega projects already taking place in Iraq somehow, someway with the currency exchange rate…Congrats to Iraq and their CBI tower and the Grand Faw Port ranked among the top meg projects in 2025. I know the tower is almost completed and the Port of Faw is partially open already. This is moving right along and they did it with a current exchange rate…

1-13-2025 Newshound/Intel Guru Fnu Lnu …There is no “contract Rate” except for the people who have pre-2011 Private Purchase Contracts. If you do not have such a contract, you WILL NOT get a contract rate. Contract Rates are not paid by banks but rather by the contractor. This is Dinar Mythology and there exists NO PROOF of any such contract rate. If you want to go into the bank and sound like an idiot, then be my guest. Everyone will get exactly the same rate due to “The Law of One Price”. This can be verified. You must ask yourself how you might get a “contract Rate” without a contract? However, the banks may well have varying rates on the exchange fee but that is generally around 2%.

1-13-2025 Newshound Guru Militia Man In my view this reeks of a need to change the exchange rate for the Iraqi dinar or they would have already done it. If they’re going to an international state, they should have already done it by now if it was going to stay the same exchange rate…Everybody that’s been involved with the dinar should [ask], ‘Well they’ve been at 1310 for a year or more, why haven’t you done it yet?’ That’s because they’re looking for an exchange rate change because that’s what’s going to happen.

1-13-2025 Newshound Guru Clare Article: “The House of Representatives completes the second reading of the draft amendment to the budget law” Quote: “The Council of Representatives concluded, in its session today, Monday, the second reading “Report and Discussion” of the draft law of the first amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 – 2024 – 2025) No. (13) of 2023.”

1-13-2025 Intel Guru Frank26 Everything is moving extremely fast. When we reach this 1,000 to 1 you know how quickly they can lift those three zeros? [Snap] like that. Pushing a button and now you’re one to one…float it. Start at 1 to 1 and see where it goes from there. Everything is moving so fast because de-dollarization.

1-13-2025 Newshound/Intel Guru Mnt Goat Article: “AL-NUSAIRI: EXPLAINS THE NEW MECHANISM FOR EXTERNAL TRANSFERS AFTER THE PLATFORM IS CLOSED” …the best part of the article is the CBI is telling us that this new strategy is normal and is working so far. I quote: “This means that the Central Bank has achieved a basic objective of monetary policy.”

1-13-2025 Intel Guru MarkZ [via PDK] Article: ”Parliamentary Finance: Political Blocs do not agree to amend article 12 on the region’s oil” HCL gets its second reading on Monday…it appears there will be serious progress on the HCL. This is a case where the title of the article does not reflect the content…I am being told if the second reading goes well…they will immediately do the third reading…then Boom we will finally have the HCL.

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