Intel Guru Wolverine
[via Judy Byington] The RV is imminent…It is coming.
Newshound Guru Clare
Article “Prime Minister’s Advisor: 70% of the grey market” Quote: “The financial advisor to the Prime Minister, Dr. Mazhar Muhammad Salih revealed the existence of a grey market that accounts for nearly 70% of the market or private sector activity, indicating that this percentage evades paying legal taxes”.
Newshound Guru Pimpy
A redenomination is not going to take place anytime soon it looks like.
Intel Guru MarkZ
[via PDK] Will they discharge the RV on weekends or during the week? Mark z: I’m advised that releasing it on a Saturday night on a weekend would be simpler from Sunday morning.Still, any moment is fair game.
Intel Guru Frank26
Article: “The Central Bank of Iraq reveals the mechanism for ending the electronic platform”IRAN… SAY BYE TO YOUR CASH COW AND MOOVE OVER! Quote: “During the year 2024 and until now, 95% of the transfer process from the electronic platform to the correspondent banking mechanism directly between it and Iraqi banks has been achieved”Monetary Reform HAS BEEN ACHIEved!
Intel Guru Bruce
[from Judy Byington] Though the Dinar is trading Forex, the rate is not yet moving.According to my sources, we should find great significance in the days Sept. 6, 7, and 8.
Newshound Guru Walkingstick
They now had security and stability. Sudani has been braggering about it.Lift the three zeros has to do with the value; then, not with the value, back and forth, back and forth, it has to do with the value and then, no it doesn’t have any bearing on the value. The papers run counter to one another. They are lies. They have a clear goal in misleadingness.
Newshound Guru Militia Man
Running the Central Bank of Iraq is who? Alaq lately received a lot of negative news. People were attempting to get him gone. The parallel market generates billions and they aren’t going to have that anymore, so he’s most likely doing such a wonderful job that they didn’t like it and wanted him gone. That period is gone.
Newshound Guru Sandy Ingram
Community comment: “Any attempt to revalue the currency would need a significant decrease in the amount of dinars in circulation which is logistically and economically untenable given the huge money supply…The enormous dinar count makes a revaluation quite improbable.” [I] agree with this judgment just 100%. The vast volume of bank notes strewn all throughout the globe limits any actual prospect for a high rate of revaluation of the currency. This is the main justification for thinking Iraq would choose to print fresh money like Pakistan or Zimbabwe.Though there is a possibility, none has indicated this is what Iraq will do.
Intel Guru MarkZ
[by PDK] Ask: Any updates regarding the HCL passing? MarkX: There is movement on that. Tensions between Iran and the Kurds are some of the issues. I think some of the sessions Iran and Sudani are scheduled will cover this.
Newshound Guru Clare
Article: “Parallel moves to withdraw the hand of the Central Bank Governor” Quote: “The Parliamentary Finance Committee confirmed…the existence of a parliamentary move to withdrawal the hand of the Governor of the Central Bank… Ali Mohsen Al-Alaq for exceeding the legal age.”
Newshound Guru Pimpy
Article quote: “Saleh declared in a statement…he decided against the government eliminating zeros right now. Noting the elimination of the three zeros from the currency relates more to the cash payment system than to the value of the medium of exchange. Wait, just what did he say? Not relevant to the cash’s value? Not unlike what I have been saying all along. What say those other [gurus] about this? That relates to the exchange rate. They are mistaken…They are referring to this here.25,000 dinar [note] times the present exchange rate $0.00076 yields $19. You come over here and eliminate the three zeros, a 25 [dinar note] times $0.76; it still comes out to $19. Not one change in the value.
Intel Guru yada
One week has passed since the 95% of Iraqi banks were turned on to handle all the foreign cash for commerce and business. Im of the view they were tracking the movements of the currencies for the area, therefore the expectation for any time of our swap.
Intel Guru Mike Cottrell
I mentioned earlier this week that things are under development.and to be by hand.Still, what is happening greatly motivates me. Whether it comes in the next few days or the next few weeks…I sense this reaching its culmination. I genuinely do. And I find great delight as well.
