These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According Intel Guru Frank26 :
Citizens in Iraqi banks are now being informed about monetary reform. There is a massive campaign of education about monetary reform and banks are now allowed to answer all questions.
According to Iraqi DinarNewshound/Intel Guru Walkingstick :
“Would you care or be upset if the Iraqi dinar were to be valued at $0.50? No, because it will move fast. Once the Iraqi dinar is released on an international market in an international basket, it will have a significant impact. The rate is not the main objective, it is the release into a basket that we are seeking.”
According Newshound Guru Pimpy :
In recent news, there have been discussions about Iraq’s intention to expand its currency basket. However, it is important to note that in order for Iraq to join a currency basket, it may need to consider changing its exchange rate. It’s important to not get too excited as it is not clear if Iraq has actually been invited to join the currency basket. If they were, it would indicate that Iraq’s economic performance is commendable.
According to Iraqi DinarNewshound Guru Breitling :
Question: “Does Iraq need to RI by December 31st in order to open their 2024 budget?” No. I receive that inquiry annually. I don’t know why. Who is spreading this rumor?
According Newshound Guru Kaperoni :
Under the current economic conditions, Iraq cannot float its currency, especially with nearly 90% dependence on oil.
According to Iraqi DinarNewshound Guru Sandy Ingram :
“CIA warns Baghdad of serious consequences if attacks against US personnel continue” Since October 17th the US presence in Syria and Iraq has been under constant threat.
According Newshound Guru Jeff :
Iraq is expected to increase the value of their currency in the near future. There are several significant developments expected to take place starting next year.
According to Iraqi DinarIntel Guru Frank26 :
I believe that the new denominations, referred to as lower denominations, will soon be released to the citizens of Iraq.
According Newshound Guru Militia Man :
According to the text, the use of the dollar for commercial purposes will no longer be allowed in the country for transactions and taxation starting today until the 20th. However, individuals will still be able to purchase dollars for travel purposes. Additionally, as of January 1, 2024, no other currency besides the dinar will be permitted for commercial transactions within the country. The author suggests that this situation is unprecedented and urges readers to prepare for potentially significant changes.
According to Iraqi DinarIntel Guru MarkZ :
According to a source via PDK, Iraq is reportedly scheduled to release their 2023 budget on December 20th and must spend it all by the first of the year as part of their full de-dollarization plan. This development has caught the attention of many, and it seems that something is happening. MarkZ, a prominent individual in the financial community, has also mentioned that there is speculation the RV (Revaluation) will happen between December 15th and 20th, which many people seem to be agreeing with at the moment.
According Newshound/Intel Guru Walkingstick :
“What does it mean to float? It means that the Iraqi dinar is no longer pegged to the US dollar and has been paired with other currencies in a basket from the Middle East. The reason for this move is to increase the value of the Iraqi currency in the international markets. The most important thing to note is that these international transactions are being done with no restrictions. The exchange rate will be determined by the supply and demand of the Iraqi currency in that basket. There is already a huge demand for the currency, as evidenced by the many contracts that have been signed by investors who want to enter Iraq. Currencies have already been swapped.”
According to Iraqi DinarNewshound Guru Pimpy :
Over the past few weeks or even months, people have been discussing the need to take pride in the Iraqi dinar and start using it more often. Their ultimate goal is to strengthen the currency, and one of the steps that they believe is necessary to achieve this is to eliminate the use of the US dollar.
According Intel Guru Frank26 :
Article titled “Parliamentary Finance: Spending only 20% of the current year’s budget” According to the quote “the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20” The GoI and CBI will suffocate everything in Iraq if the exchange rate fails to add value to the dinar! Translation: “He pointed out that the government’s move towards currencies other than the dollar will facilitate the issue of trade” THE INTERNATIONAL BASKET IS THIS!
According to Iraqi DinarNewshound/Intel Guru Mnt Goat :
Recently, Iraq started broadcasting news within the country to encourage patriotism among its citizens. A video has been released, stating that the dinar is valuable and will help revitalize the nation. Although it does not mention that the dinar will be stronger than the dollar, it emphasizes that Iraqis should take pride in their national currency. The dinar’s current value is 1/6 of a penny, but there are indications that something significant might happen to the dinar soon.
