These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Intel Guru Frank26 :
Asking “Are the Saddam dinars worthless?” Yes, they are useless since no one can identify them anymore.
According to Iraqi Dinar Newshound Guru Pimpy :
Consider it. The current Iraqi dinar is valued at 25,000 dinar; the zeros are removed to make it 25 dinar, and then the exchange rate is abruptly changed to $3.22 per dinar. The Iraqi people now have more purchasing power, which is fantastic. Their money may be used to purchase a lot more items. However, that doesn’t assist us because they removed the zeros, thus we will only receive that $3.22 rate against a 25 dinar rather than a $3.22 rate against a 25000. You receive hundreds instead of millions…At the very least, know that it is conceivable.
According to Newshound Guru Kaperoni :
Iraq’s only option, in the event that diversification is not achieved, is to simply remove the zeros (LOP), which is a neutral action that lowers the currency from about 80 trillion to 80 billion dinar. As a result, any exchange rate gain would be negligible.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
Large amounts of cash are not prohibited by law at all.You can take as much cash as you like on your trip. There is a catch, though. You must notify customs and border protection if you are bringing more than $10,000 in cash or its equivalent into or out of the United States. Regardless of whether the money is in US dollars or another currency, this rule is applicable.You have a “FinCen 105 form” to fill out.What occurs if you fail to disclose cash above $10,000? The money may be seized if you don’t report.You could also be charged with a crime…Keep in mind these guidelines—it’s better to be safe than sorry.
According to Newshound/Intel Guru Walkingstick :
The public will be informed about the financial processes more and more as the restoration draws near.Nothing compares to providing folks with confident information.
According to Iraqi Dinar Intel Guru MarkZ :
[Iraq boots-on-the-ground report] FIREFLY: At the point when going up super quick floats it’s going. The interest will be enthusiastic about our currency…This thing might can reach $4.25…probably they will cover it out and return to settle somewhat in front of Kuwait… Forthcoming: I accept Kuwait will permit that to occur as well…Sudani satisfied them…
According to Intel Guru Frank26 :
[via PDK] Sudani is saying that all electronic transactions should be stopped, which essentially means that all banks and currencies should be frozen. To initiate the exchange procedure, they would need to take precisely these steps. I firmly think that they are taking such action to inform the public that, while they flip that switch, the financial system might not function properly for one or two days. There’s so much activity. Talk over Sudan’s and the Central Bank’s moves has exploded in Iraq. We can almost see the finish line even if just 10% of the respondents are correct.
According to Iraqi Dinar Newshound Guru Jeff :
This coming weekend is the historical remembrance of March 24, 1991, the day Kuwait restored its currency.
According to Newshound Guru Militia Man :
Oil is somewhere in the range of $88 to $85 at the present time. Include the assessment incomes and customs obligations and charges at the lines, the travel industry you got to see the conversion scale of the Iraqi dinar won’t be at $0.76. They must add that genuinely powerful swapping scale to it and that is probably…exactly why they haven’t uncovered it presently. It’s a delicate issue. They need to keep it near the chest… They can’t go out and tell everybody in the city, ‘Hello you know one week from now your conversion scale will be X.’ It doesn’t work that way…Eventually they will uncover it…
According to Iraqi Dinar Newshound Guru Pimpy :
[Reaction to Master Jeff’s financial plan/conversion standard posts 3-19-2024 below] They will revise the spending plan regardless of a rate change….Does it check out for you to deliver the spending plan before they increment the swapping scale since then you need to pivot and re-try the financial plan and roll out every one of the improvements to the financial plan utilizing the new swapping scale. So no, it doesn’t seem OK to deliver the financial plan before you change the swapping scale. You would change the swapping scale then, at that point, go through and correct all of your financial plan in light of the fact that the cash you’ve dispensed clearly has changed…The suspension of the assets has to do with debasement. The changes can be initiated without changing the rate. They will redistribute income from oil to assist with subsidizing this multitude of changes…
According to Intel Guru Frank26 :
[Iraq boots-on-the-ground report] FIREFLY: It will drift once it gets to 1.32. FRANK: I differ in light of the fact that it’s as of now at 1.32. It will drift IMO somewhat higher. The RI will take it to $3.22 IMO. But since it’s been 20 years I firmly accept IMO they might cover it around $4.25…The different monetary forms around the Center East won’t say anything negative in the event that the Iraqi dinar is higher than their rate…
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] I believe that the news is becoming more limited as we approach. The calm is encouraging, in my opinion. NDAs or warnings to keep silent were sent to a variety of sources. Thus, I see the silence as a positive indication.People I know in Iraq and other parts of the globe still believe we will be here in a few days, but they have believed that before, so I won’t be jumping out of my skin just yet. I think what is most encouraging to me right now is the silence.
