These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Newshound Guru Militia Man:
While at the UN, they insisted on having a sovereign currency for their sovereign country.
According to Newshound Guru Pimpy:
There is a distinct difference between an RV (Revaluation) and an RI (Reinstatement) of currency. We have witnessed the revaluation process occur a few times before. The value of the currency went from 1,190 and then it was devalued, causing it to drop to 1,450. However, it then revalued back up to 1,320. This process of revaluation happens quite often. On the other hand, RI is the reinstatement of a currency after sanctions are lifted. In this scenario, the rate of the currency would be $3.22.
According to Iraqi Dinar Intel Guru MarkZ:
According to a source from PDK, the release of the announcement about the event in Iraq is expected on Friday, but it could be earlier or later than that. It’s best to remain calm and not get too excited about the exact date given, as it’s likely to be vague and imprecise. In any case, there’s a possibility that the timing may be obscured or unclear.
According to Intel Guru Frank26:
As per my belief, the banking experiences of customers are greatly influenced by the location and the expertise of the bankers. Yesterday, I shared details about my investment with a banker at Chase, who promptly handed me a “Private Client” business card that was different from the one on her desk. She advised me to contact her in case I needed any assistance with my investment.
According to Iraqi Dinar Intel Guru Bruce:
According to WiserNow, everything is in place and ready to go. The speaker claims to have come closer than ever before to making a call. The only thing left to do is wait for the military’s approval, which will allow the Treasury to give the green light to redemption centers and banks. The speaker is optimistic about the current state of affairs.
According to Newshound Guru Kaperoni:
It has been suggested that the Iraqi dinar should be equal to the US dollar. However, if this were to happen, it would result in a redenomination LOP, which is considered a neutral event and not desirable. This is because Iraq has over 90 trillion dinars in circulation and cannot afford such an event.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick:
Aki, my friend who works at an Iraqi bank, informed me that the exchange centers he represents for the Central Bank of Iraq were recently converted into banks last year. The reason behind this move is that they anticipate a change in the exchange rate of the Iraqi dinar.
According to Newshound Guru Militia Man:
Becoming a member of the World Trade Organization is crucial for the country, but in order to do that, they must determine the value of all the components that will be imported and exported. This is a huge task that is currently being looked at closely.
According to Iraqi Dinar Intel Guru MarkZ:
I have heard that several group leaders have been traveling for an event, but they are not sharing any details with me. Due to strict NDA’s and limitations on what they can say, they have been advised to keep the timing of the event confidential. From my understanding, this suggests that the event may take place sooner than later.
According to Newshound Guru Samson:
An American official in Erbil has stated that passing the oil and gas law is a priority for Washington.
According to Iraqi Dinar Newshound Guru Pimpy:
I have evaluated Al-Sudani and his cabinet’s performance over the past year, and I would give them a B- considering all the circ*mstances. Honestly, I expected things to be much worse. However, once the budget is passed, we will have a better understanding of their true capabilities. The second year will be crucial in determining Al-Sudani’s effectiveness as a leader. It seems like we finally have the right person for the job, but with another election coming up, we can only hope that the right person remains in power.
According to Intel Guru Frank26:
Here’s a report on the current situation in Iraq. According to Firefly, the Oil and Gas law needs to be passed by the 9th of the month. Otherwise, the exchange rate for the Iraqi dinar will not be updated until 2024. Frank asked for clarification, wondering whether the exchange rate will only be updated on 1st January if the HCL (Hydrocarbon Law) is not passed. Firefly agreed to some extent, but also shared that they believe that between now and January 1st, there will be some positive developments. Firefly also hinted that the dollar will no longer be in use in Iraq after January 1st.
According to Iraqi Dinar Intel Guru MarkZ:
The sale of gold bars and coins by the central bank of Iraq will resume from Wednesday, November 8th. The gold bars and coins will be sold to private banks and the government. This step is significant as it indicates a move towards de-dollarization, and follows a pattern similar to that of Zimbabwe, which turned to gold to support the value of its currency.
