Iraqi Dinar Guru opinions 10-6-2024
Iraqi Dinar Guru opinions 10-6-2024
10-6-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We seeing in TV a special report show saying what if 1000 dinars became 1 dinar. They talking about deleting the zeros again. They’ve been showing this all day. They just repeat it over and over again. And they’re saying it’s all tied to the reforms. They talk about all the good and some of the bad…We never seen them talk like this before. FRANK: These are the commercials we talked to you about that were going to be educating you on the purchasing power…They are telling you they lifted 3 zeros from the exchange rate in order for that 1,000 note to become a 1 note…They are not lifting the 3 zeros from your physical cash.
10-6-2024 Intel Guru MarkZ [via PDK] …Chase always saying they have nothing to do with Iraq…but in the meantime they are opening 10 branches in Iraq while working with them to update their banking system.
10-6-2024 Newshound/Intel Guru Mnt Goat I was also told to watch for yet more articles in the news about the project to delete the zeros but to be aware that ONLY the ones coming from her committee on this subject matter can be trusted. As you know my contact works on the committee from the Central Bank and it has been given the task of ensuring a smooth process. I was also told
that in late November or early December we will see the newer lower denominations and their pictures and features depicted on the CBI site. The ending of the currency auctions at the end of 2024 will also be signal to us that everything is moving correctly and we should see the IQD returned or reinstated back to FOREX in early 2025.
10-5-2024 Newshound Guru Militia Man Everybody should be going, ‘come on Iraq! Come on World Bank! Come on Bank of International Settlements, IMF, US Treasury, US Federal Reserve!’ All those players have been involved and they still are…They are not going to have a 1310 exchange rate. They’re going to move to a Real Effective Exchange Rate based on fundamentals based off their non-oil products, non-oil revenues that will exceed in may cases oil output.
10-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr. Sammy told me a real rate international for us in his opinion is just north of $4.00. FRANK: Didn’t we say that it would be somewhere between $3.86 up to $4.25? …Of course it’s only an opinion by Mr. Sammy and me but we both know Mr. Sammy’s information has always been spot on…You are so close.
10-5-2024 Newshound Guru Pimpy Article: “The International Coalition officially announces the end of its mission in Iraq within 12 months” It must be that time of the year…Every year they say the same thing, within 12 months.
10-5-2024 Newshound Guru Clare Article: “The government-owned Rafidain Bank announced on Friday that it has collected more than four trillion dinars electronically for the benefit of 700 government departments…the total amounts that were settled and collected for the benefit of those government departments and deposited in their accounts at Rafidain Bank amounted to more than four trillion dinars.”
10-5-2024 Guest Guru SkyWalker Flashback Article: “23 June 2011 the Central Bank of Iraq announced it is planning to delete zeros from the Iraqi dinar, and add Kurdish to the Arabic text on the notes. Said the adviser of Iraqi Central Bank governor Mothahhar Mohammed Saleh, ‘The project of deleting zeroes is complete. It will be submitted to the central bank’s administration in the next session. Then, it will be passed to the ministerial council before presenting it to the Parliament for vote. The mechanisms of changing the currency will be gradual. It will be preceded by awareness campaigns for citizens. The new currency will be printed after deleting the zeros and will include the Kurdish language in addition to the Arabic language. It will bear as well photos of Iraq’s civilizations and patrimony in addition to symbols of Iraqi intellectuals and figures.” There have been similar reports of revaluing the dinar since 2007, but to date none have come to fruition.
10-5-2024 Newshound Guru Samson Article: ”One of the most prominent dollar speculators was arrested in Ramadi”
10-5-2024 Newshound Guru Militia Man The market economy is coming together, the World Bank is addressing Iraq is moving toward a market economy. That means…at some point, could be any day, any time, they’re going to have to go into the international world…
10-5-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Bank guy Mr. Sammy still thinks maybe by the end of the year…but he’s hoping November now. FRANK: My position has not changed…We feel this will be done this year…The evidence, action, mechanism that is needed for the new exchange rate and the lower notes to be introduced will all occur this year…
10-5-2024 Newshound/Intel Guru Mnt Goat …the dinar is not going to change in value IN THE COUNTRY OF IRAQ as a result of the project to delete the zeros…No one in Iraq is going to get rich off this swap out…So when we exchange, OUTSIDE of Iraq, we exchange our dinar we will get the rate of exchange for our OWN COUNTRY according to the exchange rate…The banks are going to be VERY strict on this.
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