Iraqi Dinar Guru opinions 10-11-2022
Iraqi Dinar Guru opinions 10-11-2022
10-11-2022 Newshound/Intel Guru Mnt Goat Why have a new 20,000 dinar note? …why issue it if there is a plan to conduct the project to delete the zeros in the very near future anyhow? Why go through all the work and expense? So, I called the CBI and did my weekly update with my contact. What I was told is that the 20,000 dinar note will be used as part of the long-term banking system for international exchanges and payments only and that when the project to delete the zeros does happen the note will be voided out and taken out of common circulation…
10-11-2022 Newshound Guru Samson Article: “The new 20 thousand dinars category raises controversy and reveals the hidden.. Economists: It will increase inflation”
10-10-2022 Intel Guru Frank26 They’re teaching the citizens of Iraq from 1 thousand fils all the way down to one fil so that change can be given back due to a change in their exchange rate.
10-10-2022 Intel Guru MarkZ [via PDK] …if Iraq goes first I think it will force Vietnam to move up its time frame –imo…
10-10-2022 Intel Guru Frank26 Everyone of these articles that I say “not at a program rate’ is evidence – is solid proof that the Iraqi dinar is not what it was. And it’s being introduced to the international world at a completely different rate with a completely different value potential…why? Cause the economic reform is exploding…
10-10-2022 Newshound Guru Samson Article: “Iraq achieves self-sufficiency in the production of tractors and agricultural combines” Quote: “the company has achieved 100% self-sufficiency in the production of tractors and agricultural combines, and there is continuous work to prepare the sprinkler laboratories and start their manufacture.”
10-10-2022 Intel Guru MarkZ [via PDK] In Iraq: “A wide welcome for the policies of the Central Bank: Contributed to achieving monetary stability” These are very important things for them to be on forex and to be traded. For them to be able to allow for a redemption to be able to occur they have to have some things in place. These are big steps. This happened yesterday:
10-10-2022 Intel Guru MarkZ [via PDK] “The Central Bank of Iraq obtains an international certificate in cash management…the Central Bank of Iraq obtained the ISO certificate…related to the quality management system in terms of cash management…” This is one of the key things we were told was necessary for Iraq to change their rate. We still do not know the timing but we are certain they are making solid progress towards that…We needed sanctions removed…we needed Kuwait paid…They have done these things. And now they are ISO 9001 compliant to do international exchanges…to me this is very big news.
10-10-2022 Newshound Guru Kaperoni And if the dinar is ever going to go up in value it will be gradually over time based on the success and growth of Iraq’s economy and diversification away from oil. Iraq has a ways to go!
10-10-2022 Newshound Guru Pimpy There’s absolutely positively no proof whatsoever that any exchanges happened for the betterment of the Iraqi dinar. None…
10-10-2022 Newshound Guru Clare Article: “The Central Bank: We will not print a currency higher than 50 thousand Iraqi dinars” Quote: “Central Bank Adviser Ihssan Shamran Al-Yasiri said ‘the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity.’ He stressed that ‘the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation.”
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