Iraqi Dinar Guru Update (07-13-2023)

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These are some Iraqi Dinar Guru Update, Opinions, News By Dinar Opinions

According to Intel Guru Frank26:

[Iraq boots-on-the-ground report] According to FIREFLY, the television is reporting that the population in Iraq has increased to 43 million. They are discussing ways to support the dinar and move away from the dollar. FRANK26 disagrees with the idea that a program rate can support the dinar and suggests that a new mechanism and exchange rate are needed to accomplish this goal.

According to Iraqi Dinar Intel Guru MarkZ:

[via PDK] A member identified as “Guru” has claimed that Walkingstick, who owns a bank in Iraq, disclosed that a significant meeting occurred between the Central Bank of Iraq and three major entities today or yesterday. According to Guru, they were given specific details on the release, including the value, note count, and denominations. MarkZ responded by saying that this could explain the sudden increase in conversations over the last few hours, with rumors circulating that “a dam has broken” in a positive way. MarkZ’s contacts are reportedly excited about the period between the 15th and 18th. Although MarkZ cannot confirm the accuracy of Guru’s claims, it would make sense, given the sudden surge in chatter.

According to Iraqi Dinar to Newshound Guru Enorrste:

Did you know that JP Morgan used to manage financial transactions for Iraqi trade with China? It’s quite impressive that two of the largest trade partners in the world, the United States and China, collaborated through Morgan to enter the Iraqi market. This is a significant development considering the massive scale of both nations’ trading activities. It’s truly remarkable!

According to Newshound/Intel Guru Walkingstick:

The meeting between the CBI and the big three occurred yesterday. During the meeting, they were provided information about the release timing, value, note count, and types of denominations.

According to Iraqi Dinar Intel Guru yada:

According to an article, the Ministry of Finance has confirmed that allocations for the governorates and ministries to implement the 2023 budget will be launched next Sunday. They will also be sending out instructions for implementing the budget, including schedules, texts, and agreed items. These instructions are also known as Rates.

According to Newshound Guru Militia Man:

The Iraqi Central Bank has implemented several measures, known as packages, to combat the illegal parallel market that is often discussed. Ultimately, if they increase their exchange rate to surpass that of the US dollar, this issue should no longer be a problem.

According to Iraqi Dinar Intel Guru MarkZ:

[via PDK] It is clear that Iraq is making progress in ensuring everything is in order, and they are working towards freeing themselves from the control of the US so that they can increase the value of the Iraqi Dinar (IQD). There is positive news circulating about the situation, which has me feeling optimistic about what could happen on Sunday. Still, it is important to note that this is not a guarantee. However, Sunday is the day they plan to release the budget, and many of my sources believe this could be a potential turning point.

According to Iraqi Dinar Newshound Guru Kaperoni:

Just a quick follow-up to yesterday’s comment about the IQD exchange rate. It’s important to keep in mind that Iraq has a much larger circulation of dinar compared to Jordan, who only has millions. This means that Iraq would have a harder time increasing the value of their currency without reducing the amount of money in circulation. As of now, it’s unlikely that the exchange rate will significantly improve.

According to Newshound Guru Clare:

[Iraq boots-on-the-ground report] There is breaking news from the Parliamentary Finance. They have announced that starting next Sunday, they will begin allocating funds for the budget and giving instructions for specific projects. The instructions for all the projects in the budget for the next three years will be based on the new exchange rate. This means that everything is waiting for the new exchange rate to be determined.

According to Iraqi Dinar Newshound Guru Clare:

According to a recent article on Parliamentary Finance, the value of the Iraqi dinar is expected to increase gradually. At the same time, the dollar price decreases after the budget is implemented. The article quotes an expert who explains that the dollar exchange rate in parallel markets is determined by supply and demand. With the implementation of the 2023 budget, large sums of money will be released, leading to an increase in the purchase of the dollar and potentially impacting its value.

According to Iraqi Dinar Newshound/Intel Guru Mnt Goat:

An article about Iraq’s membership in the World Trade Organization highlights its benefits to the country’s financial and banking system. One of the most significant advantages is the ability to operate within a regulated global financial system, leading to increased growth and development. It’s an exciting time for Iraq’s financial sector.