Iraqi Dinar Guru Update (07-17-2023)

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

According to Newshound Guru Pimpy :

It seems that Iraq is still under sanctions and restrictions by the United States government, which may explain why they haven’t made a move despite being approached by BRICs. Additionally, the US government holds their gold and foreign asset reserve. It’s unlikely that we’ll see any major changes in this situation anytime soon, so there’s no need to worry about it for now.

According to Iraqi Dinar Newshound/Intel Guru Petra :

What is preventing them from making progress? It is the rate and Sadani’s credibility with the people, as well as Alaq’s position as “independent” from the GOI. An article suggests that the Budget will be released on the 18th as a “message” to Alaq to move on the rate!

According to Intel Guru MarkZ :

[via PDK] My contact in Iraq’s finance ministry is excited to report that the budget has been put into effect today. Articles about it will be published tomorrow. This was a key piece that needed to be done before they could change the currency value. The news is positive overall, and there is no negativity. The exact timing is uncertain, but they are looking between the 15th and the 18th. If this is correct, tomorrow will be a big day.

According to Iraqi Dinar Newshound Guru Kaperoni :

US [IQD]  Hi there! It’s definitely understandable that paper holders would want to exchange dinars for US dollars, since the dinar has monetary value. It seems like it would make sense for there to be a way to exchange them for US dollars at some point in the future. After all, the dinar is a currency of a country, and as such, it should be possible to exchange it for other currencies. I’m not sure what alternative processes might be available, but it seems like being able to exchange the dinar for US dollars would be the most straightforward option.

According to Intel Guru Frank26 :

I understand that you are curious about when something will happen. Unfortunately, I am not able to provide an answer as I don’t have that information. However, it seems that you have noticed it being poised in a unique way, which could mean that it will happen soon. Keep an eye out and stay positive!

According to Iraqi Dinar Intel Guru Wolverine:

Hey guys, we’re getting closer to our goal, but I can’t give too many details at the moment. Let’s just say that things are looking good and we’re making progress. Stay tuned for more updates!

According to Newshound Guru Militia Man:

Iraq has been through a lot of devastation due to war, and they are in need of assistance to rebuild. The International Financial Corporation (IFC) specializes in helping countries transition to the private sector, which could be a great solution for Iraq. Some people may doubt the effectiveness of this approach, but it’s important to keep an open mind and consider all options. Ultimately, Iraq needs support from the international community to recover and thrive.

According to Iraqi Dinar Intel Guru MarkZ:

[via PDK]  Hey there! I’m sorry to hear that you’re still waiting for an update on the implementation of the budget in Iraq. According to your last report on Saturday afternoon, they were expecting the “go” on the budget yesterday. I hope that it gets put into effect soon with all the money moving where it’s supposed to. Your finance contact over there thinks this is a serious key piece before they change the rate, so it’s definitely worth keeping an eye on. I also heard that there’s a lot of pressure from the Iraqi people on the government to release these budget funds, which is a good thing. Let’s hope for the best!

According to Newshound Guru Jeff:

I think it’s important to clarify that releasing the budget monies won’t necessarily bring forward the rate change. While many people seem to be focusing on that, there are other steps that need to happen in order to introduce the rate change. It’s important to keep that in mind and not rely solely on the release of budget monies to bring about the desired outcome.

According to Iraqi DInar Newshound Guru Pimpy:

“I’ve heard that Parliamentary Finance is expected to release the budget funds after July 18th. It’s strange that the budget has been passed and published in the Gazette, but the funds have not been allocated yet. Hopefully, they’ll release the funds soon.”

According to Intel Guru Bruce:

[via WiserNow] …We have received information indicating that we are currently in a window of opportunity. Our redemption center staff have informed us that this could occur at any moment.