Iraqi Dinar Guru opinions 10-22-2024
Iraqi Dinar Guru opinions 10-22-2024
10-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Iraqi bank manager friend] wants you to know one of the things they strongly talk about is that currency flotation, and stop the currency auctions, it will be a big solution to help end the black market. FRANK: The currency flotation will be big to end the black market because the CBI auctions, let’s say that would be to the left, but no more. That road to the left has been shut down…So which way can it go? Only to the right. What is to the right? An international float. If it has an international float it’s going to go up in value because everybody’s going to use it buying, selling, trading with the currency adds value as it goes into the float.
10-22-2024 Intel Guru MarkZ [via PDK] “Iraq to build longest submerged tunnel in the Middle East” Iraq is boosting trade routes and becoming a hub…they are going to be able to greatly increase oil exports.
10-22-2024 Newshound/Intel Guru Mnt Goat Article: “IRAQ INCREASES RESERVES AT IMF BY 50%” Quotes: “A meeting of the Iraqi Cabinet this evening approved an increase in Iraq’s quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing Rights (SDR), equivalent to 1.45 trillion Iraqi dinars [$1.1 billion] based on the exchange rate as of October 8, 2024.”; “SDRs represent a weighted basket of major international currencies, and can be held as part of a country’s foreign exchange reserves. Adding SDRs to a country’s international reserves makes it more resilient financially.” Iraq could not be granted SDRs unless it was member of the IMF. Did they move to Article 8 already? That is the question we seek. I believe they have with this sizable SDR…
10-21-2024 Intel Guru Frank26 I’m expecting an announcement this year not next year.
10-21-2024 Intel Guru MarkZ [via PDK] “Salaries will be delayed: Fundamental changes coming to the Iraqi money and financial system” Some are worried about the budget deficit. This is another reason we need the dinar value changed – to erase that.
10-21-2024 Newshound Guru Militia Man They’re preparing because they’re going to have much of [the three zero currency] they weren’t able to get off the street back coming into the banks. But what are they going to need for those folks that held that money…? The project to delete the zeros is going to bring value. It’s going to bring purchasing power…
10-21-2024 Newshound Guru Samson Article: ”China dominates the Iraqi market: exports exceed $65 billion in 2024!” Quote: “Chinese Customs Authority indicates that China continues to strengthen its economic dominance in Iraq…”
10-21-2024 Newshound Guru Clare Article: “Planning: The percentage of completion of operations related to the population census exceeded 90 percent” Quote: “the work will be completed before the end of this month, with the exception of the three governorates of the Kurdistan Region (Erbil, Sulaymaniyah, Dohuk), in which work was delayed for technical reasons, noting that “the completion rate has reached more than 90 percent…”
10-21-2024 Newshound Guru Sandy Ingram Here’s why joining the World Trade Organization is so important. The WTO can open the door to new business opportunities, attract more investments, and create jobs. It’s a major step towards boosting Iraq’s economy and connecting with the world. Iraq’s Trade Minister…just announced Iraq is back at the negotiating table working towards becoming a member of the WTO… [I’ll] keep you updated on Iraq’s WTO progress…
10-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV says the recommendations for Ernst and Young about banking reforms will be approved by the council of Ministers to proceed with the banking reforms. FRANK: Ernst and Young are playing a very important part in the Monetary Reform process with the CBI and United States Treasury. Their involvement is very deep. To see this report from them once again tells me we are running out of time…
10-21-2024 Intel Guru Wolverine [via Judy Byington] It’s all happening this week…One of the World’s most noted Whales has just been called in to fly to a certain destination. This is about to kick off. It looks like groups are getting ready now…I’m so emotional now that I wish I could tell you more but it’s looking really good for this week. My sources say everything is going this week. I have absolute faith we will go this week.
10-21-2024 Newshound Guru Samson Article: “Blinken in the Middle East next Tuesday” Quote: “US Secretary of State Anthony Blinken will arrive in the Middle East next Tuesday, on a new tour”
10-21-2024 Newshound Guru Militia Man You have Al-Sudani calling on the House of Representatives to vote in their president. The optics of them having 3 presidencies available all at the same time when/if…they revalue their currency is a pretty big deal. The optics would really look good globally. You got a strong foundation…security and stability at the borders… knocking on the door of the WTO…the TIR contract they signed days ago…international agreements. Everything is gearing up for what? Iraq going international.
10-21-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy wants you to know the opening of these cash deposit centers that Sudani is bringing in with the CBI are a start of collecting and a start of the deletion of the zero notes. It gives us an avenue to trade in the notes instead of clogging up our regular banks. FRANK: These currency centers have been licensed by the CBI, Sudani and the US Treasury in the last few weeks. Things are moving very fast for you citizens to receive your monetary reform.
10-21-2024 Intel Guru MarkZ [via PDK] “Stability in dollar exchange rates in Baghdad, Basra and Erbil” Now that Erbil and the Kurdistan region is “playing ball” the stability of the rates are balancing.
10-21-2024 Intel Guru RayRen98 SOME BANKS AND 3 LETTERS ARE EXPECTING TO SEE SOME ACTION IN THE MORNING AT OPENING TIME. wE SHALL C.
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