Iraqi Dinar Guru Update (07-26-2023)

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These are some Iraqi Dinar Guru Updates, Opinions, and News By Dinar Opinions

According to Iraqi Dinar  Intel Guru Frank26:

I recently received an update on the economic situation in Iraq. According to a source, the Central Bank of Iraq (CBI) has launched a major campaign to boost the value of the Iraqi dinar. The campaign aims to encourage all transactions and payments within the country to be made using dinars. Additionally, banks that are not certified by the CBI have been instructed to deal in dinars. This campaign is part of a broader monetary reform effort by the CBI to enhance the value of the Iraqi dinar against foreign currencies. The update was positive, with the source indicating that progress was being made towards the goal of a stronger dinar.

According to Newshound Guru Kaperoni : 

The exchange rate is a response to the economy’s growth, rather than the other way around.

According to Iraqi Dinar Newshound Guru Militia Man :

Article: The members of the committee, who are not Alaq, asked several questions about the reason for the increase in exchange rates. They want to know what solutions you have to offer. The central bank is focusing on developing radical solutions to address the crisis. However, it is unclear what a radical solution entails. The decrease from 1460 to 1310 and then to 1132 cannot be considered radical solutions. It seems that the committee is referring to a solution that takes us back to a previous era.

According to Newshound/Intel Guru Walkingstick : 

Someone asked about the mention of “1700 or Chapter VII” in relation to Iraq and what it signifies. It seems like a warning or a wake-up call, although it’s unlikely to be carried out. The mere mention of it should make them pay attention. It seems like Iraq needs to stop hindering themselves and take action to move forward.

According to Iraqi Dinar  Intel Guru Frank26  :

Here is an update on the situation in Iraq. According to recent reports, eight additional banks have been hit with sanctions. It has also been predicted that the value of the dollar will reach 1700.

According to Newshound Guru Pimpy :

They need to find a way to effectively collaborate with the United States once again while avoiding actions that provoke anger or resentment from the US until Iraq has made significant progress in reconstructing its infrastructure, developing a stable economy, and exploring alternative revenue streams other than solely relying on oil sales…

According to Iraqi Dinar Intel Guru MarkZ  :

[via PDK] Currently, there is mounting pressure causing people to take to the streets and demand that political promises be fulfilled. This is a positive development for us. Even the discussions that blame the US for the delays are advantageous. There is a limited timeframe for action, and it is essential that Iraq is allowed to RV their currency to eliminate debt problems in the US. It appears that the protests by Iraqis are the catalyst for this necessary action. The time has come to act. [post 2 of 2]

According to Intel Guru MarkZ :

[via PDK] It is evident that individuals have observed the necessary actions that were outlined to be taken before they could experience an increase in their currency value and economic well-being. However, these individuals are becoming increasingly restless as they await these promised changes. The Iraqi Dinar is currently depreciating compared to the US Dollar, resulting in significant losses for Iraqi citizens. Understandably, they are frustrated and disappointed. Nevertheless, Iraq is determined to break free from American influence, and while progress may not be as rapid as hoped, they are making headway in this ongoing battle. [post 1 of 2….stay tuned]

According to Iraqi Dinar Guru Nader From The Mid East :

Article Quote: At 11:00 a.m., the Harith Exchange in Baghdad reported an exchange rate of IQD 155,200 per [100] US dollar. Currently, there are numerous agitated protesters gathered in front of the Central Bank of Iraq building in the heart of Baghdad. They are protesting against the increase in the dollar’s exchange rate and are demanding immediate action to bring it down.

According to Intel Guru Frank26 :

Article: There are concerns about Iraq’s economy and the possibility of returning to Chapter VII. This could happen if a new exchange rate is not implemented.

According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :

The RV (revaluation) has not yet occurred in Iraq, and the dinar has not been reinstated. The banks still face US Treasury OFAC sanctions on the Iraqi dinar. This information is not just my opinion but a verifiable fact. My contact at the Central Bank of Iraq (CBI) informed me to anticipate the new rate on FOREX, but it did not happen as expected. Consequently, during my weekly call to Iraq, I made an inquiry regarding what went wrong. I was informed that the RV was halted due to US Treasury audits on several major banks in Iraq.