These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion‘
According to Intel Guru Frank26 :
“Where can I find redemption centers? Can I find them at a bank?” I’m planning to go to a bank to redeem my items. However, redemption centers can be found in many places. Some large credit unions might offer this service as well. You can also try looking for kiosks at airports. However, keep in mind that the exchange rate might not be favorable if you use these options. It’s better to go to a large bank. Avoid going to small, local banks as they may not offer this service.”
According to Iraqi Dinar Newshound Guru Clare :
The article titled “Baghdad Exhibition opens its 47th session today” mentions that the exhibition will see participation from 850 companies across 20 countries. The event will span for 10 days, starting today and concluding on the 19th of this month.
According to Newshound Guru Jeff :
“After the elections have ended, you may have noticed that things have started to progress quickly. The preparations for the revaluation are now in motion and the aggressive forward movement that you see is a result of it.”
According to Iraqi Dinar Newshound Guru Samson :
“We have no plans to currently withdraw.” The Pentagon stated, “We are unaware of any notification from Baghdad regarding a decision to withdraw American forces.”
According to Newshound Guru Militia Man :
The oil and gas law is crucial for a country’s economic development and the citizens’ needs. However, there is no information available regarding the current status of this law. One possible reason for this could be the sensitivity of exchange rates concerning the law. A stronger exchange rate than the dollar, as suggested by Al-Sudani, would be beneficial. Yesterday, the importance of this law was emphasized with urgency, which is a positive sign.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
“I want to clarify that LDs, which are lower denomination notes and coins, are only available in Iraq. We do not have them here. When the time comes, Iraq will distribute them to Iraqi citizens and collect three zero notes. The difference between banking in the US and Iraq is that in the US, we have to do everything electronically, whereas in Iraq, banks can choose to distribute LDs either electronically or physically. This means that Iraqi citizens have the option to receive lower denomination notes and coins in their hands.” [Post 2 of 2]
According to Newshound/Intel Guru Walkingstick :
There is an update from Aki, the owner of an Iraqi bank in the US. Someone asked if the new orders received by the bank on January 1st were related to the exchange of lower denominated notes for 3 zero notes. Aki clarified that in the US, they are prepared to handle everything electronically and will collect the 3 zero notes from those who want to exchange them for American dollars. They intend to follow international banking laws and the same laws that American banks follow. Finally, Aki mentioned that the bank in the US which he is in charge of will be entirely electronic. [Post 1 of 2….stay tuned]
According to Iraqi Dinar Intel Guru MarkZ :
According to a message received via PDK, Iraq’s stock market has increased in value by 90% based on the US dollar. They are currently discussing the exchange rate and what their market will look like after the exchange rate changes. They have informed us that this change is imminent and that they will address it in their first parliamentary session, which has just commenced. This is good news.
According to Newshound Guru Pimpy :
“I’ve heard many gurus talk about Iraq’s exchange rate. According to the IMF, for Iraq to maintain stability, they need to keep a narrow gap or spread between the official exchange rate and the black market rate. Generally, a spread of less than 5% is considered acceptable, while a spread of more than 10% is considered a significant risk to the economy. Therefore, Iraq needs to aim for a spread between 5% and 10%. Ideally, they should aim for less than 10%, and it would be great if they can get it down to around 5%.”
According to Iraqi Dinar Intel Guru Frank26 :
According to recent articles, the Iraqi dinar and the American dollar are drifting apart. This separation is causing the American dollar to decrease in value rapidly. In just one week, it has gone down from 150 to 140 and then to 135. Meanwhile, the value of the Iraqi dinar is increasing as the American dollar is no longer being used in Iraq.
According to Newshound/Intel Guru Mnt Goat :
Article: “SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS “SOON. If this really happens, we will be in great shape to see the one more program rate change we have been waiting for. However, it is likely that they will wait and monitor the rate to ensure it is stable before implementing the change. We don’t know how long this will take, but today’s news is fantastic.”
According to Iraqi Dinar Intel Guru MarkZ :
The UK is concerned that Vietnam may be used as a means for filtering money and lowering exchange rates to take advantage of trade imbalances. The European and US governments believe that Vietnam’s currency rate should be higher. This means that investing in Vietnamese currency may be more lucrative than it currently is. There have been rumors that the dong may revalue at $0.47, but some experts believe it may be higher than that, possibly in the low $2 range.
