Iraqi Dinar Guru Update (21-08-2024)

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Iraqi Dinar Guru Update
Iraqi Dinar Guru Update

Newshound Guru  Militia Man

They were most certainly after Alaq. why? Their cash cow is drying out, hence they clearly are being squeezed. You have folks in Kurdistan area going to be squeezed as well as they are on the wrong side of the commerce; you also have people in Baghdad getting squeezed. Their priorities differ.

Newshound Guru Samson

 “The Central Bank denies the existence of a shortage of cash liquidity and responds to the Parliamentary Finance Committee”

Newshound Guru Clare 

Article Quote “The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Saleh…pointed out that Iraqi oil sales are in dollars, and are deposited with the US Federal Reserve under an open account in the name of the Central Bank, which is managed by the bank on behalf of the Iraqi government.”

Intel Guru Frank26

[Report from Iraq boots-on-the-ground] FIRESHY:
Economist on TV once more discussing our banks. According to this man we should pay attention to, 80% of the money in the Iraqi bank right now is found in citizen houses. FRanking: If you take everyone on the planet that bought dinars as an investment…investors that bought it for a profit, if you totaled them all together, that number would be so small relative to the quantity of dinars they call dinar mattress.We are, I have always maintained, like a pimple on the rear of an elephant. The CBI is also fully aware of the number of 3 zero notes lingering on Iraq’s streets.

Newshound Guru  Militia Man

Why would someone highlight a “Is it time to remove the zeros?” article? Considering we already know they will act in such manner…Alaq said the project remains under progress.Alaq has discussed building value, and Al Sudani has done the same. More than once, Sudani has said, the dinar is stronger the dollar. Why would he lie about that? He might know anything about something which neither you nor I know.That is most likely a true statement, where we are headed, so he is most likely not going to be regarded as lying. In history, he is most likely going to be one heck of a prime minister.

Newshound Guru Kaperoni 

The conversation in Iraq is LOP, not RV. It is a monetary swap. Last fall, symposia were arranged to inform many of the residents on such an event. Actually, given the statistics released, there would be little to no benefit; rather, it would be a loss if they did.

Newshound/Intel Guru Walkingstick

[Aki Iraqi friend running a Michigan bank] “Have you heard the three zeros will coexist for ten year?” asks. Indeed, we have heard about it; yet, we did not hear number 10. We were told it would take a long time. Market duel pricing would be under easier control. It would also allow the CBI more time to get the three zero notes from the people.

Newshound Guru Samson

Article:   “Government Advisor: Al-Alaq’s upcoming visit to New York will support the protection and stability of the banking system

Newshound Guru Clare

Article “Is it time to delete the zeros?” Quote: “The environment will be mature and acceptable for the idea of implementing the decision to delete zeros, and the process will be automatic without the citizen feeling it, thanks of electronic payment operations.” But when should we make the decision?”

Intel Guru Frank26 

[Report on Iraq boots-on-the-ground] FIREflight:
Mr. Sammy [his acquaintance from Iraq’s bank] was outlining how our three zero notes will interact for ten years following their drop.LOP is not what this is.Unlike some of our neighbors, we do not have inflation like they must lop. The value being added allows us to introduce the lower notes and remove zeros. That’s buying power. FRanking: That has always been the intended course.It’s hard for me to believe they will compete with you these ten years Dr. Shabibi intended. That is just amazing.Amazing!

Newshound Guru Militia Man

Article Quote: “The Deputy Governor of the Central Bank of Iraq has confirmed work is underway to reduce the price of the dollar against a dinar in the next days.” Though we haven’t seen the outcome yet, we have heard this before. Why is so? Could they have tried to do it earlier? Correct. Have they repeated countless times? They might have. Are they seeking to repeat it? The data point to this as the truth: they are going to attempt it once more. Hopefully they finish this one.

Guest Guru Zester

[ Via PDK] There are countless speculations that some of the sizable groups are beginning the swap process this week. Since the news has been erratic today, kindly handle this update with care. Pop [MarkZ] sent the update.

Newshound/Intel Guru Mnt Goat 

Once more, the Project to Delete the Zeros raises a head. Indeed, two additional pieces on it this period. Other pieces today on the subject will assist us in comprehending and inform us they know what they have to do and simply a question of time how and when they do it. The clock ticking… tic, toc, tic, toc.

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