These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Pimpy :
The redenomination that they are discussing is…Redenomination is seen as symbolic in and of itself because it has no effect on the exchange rate of a nation. Thus, the removal of zeros, sometimes referred to as a redenomination, is independent of the exchange rate. [Page 2 of 2]
According to Newshound Guru Pimpy :
Article titled “Al-Kazemi’s Advisor: The project to delete zeros from the currency is subject to two conditions” From the currency. not the rate of exchange. The currency is stated. A bank note and the money are the same thing. That is the 25,000 and 10,000 dinar that they are discussing. Don’t confuse the two when reading this and think that just because someone mentions currency, they are referring to its worth. They’re not. They’re talking about the bank note. [First of two posts…stay tuned]
According to Iraqi Dinar Intel Guru MarkZ :
“I have received word through PDK that there has been a lot of talk, rumors, and gossip going around today. My group contacts have been in touch throughout the day and there are great expectations for some last-minute changes to compliance over this weekend. We are hoping to receive notifications early next week. Other contacts have also mentioned the same thing and the rumor mill is suggesting notifications early next week. While I’m excited, I’m also trying to remain grounded. Let’s keep our fingers crossed and hope that these rumors are accurate.”
According to Newshound Guru Breitling :
Community Remark “In my opinion, this is about to happen. I’m hoping my emotions are valid.” Yes, it is. I feel exactly the same way. However, reasoning has nothing to do with how you feel. Reading the papers is great, especially the ones from the Ministry of Finance and the CBI, but it doesn’t mean you can predict when exactly it will happen.
According to Iraqi Dinar Newshound Guru Kaperoni :
There is no significant RV of the Iraqi dinar, and any potential increase in value would be dependent on the success and growth of Iraq’s economy. There are no shortcuts to economic progress.
According to Intel Guru Frank26 :
Right now, the Iraqi authorities are taking steps to implement the monetary reform. This includes making sure that Iraqi citizens are able to receive lower denominations of currency, known as fils, and a new exchange rate. To achieve this, they are gradually removing the American dollar from circulation and increasing the confidence, value, and usage of the Iraqi dinar.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
Please note the following message: “Aki – Iraq Bank In US update. Many Iraqi citizens in the United States are holding 3-zero notes. It is my responsibility to collect them for the CBI, where they will be destroyed. Our primary duty is to turn in the 3-zero notes. WALKINGSTICK says this is a significant development. AKI agrees and adds that direct deposit will be the norm from now on. There will be no limitations, and Article VIII applies not only to citizens but also to investors.”
According to Intel Guru MarkZ :
[via PDK] Some of my contractor contacts are back in Iraq now after the holidays. They are hearing very positive things for this month, and their expectations are running extremely high right now.
According to Iraqi Dinar Newshound Guru Militia Man :
Iraq’s stock exchange surges by 97%, indicating a strong economic upswing, following our previous discussion on a 52% gain.
According to Newshound Guru Pimpy :
“I never said that they will change the exchange rate to 12 dinars for 1 dollar. They only mentioned that they may revisit this idea. However, even if they do change the exchange rate, it doesn’t mean that you have to sell all your dinars. If you believe that the value of dinar will increase in the future, you can hold on to them. But it would be wise to sell some of them to recover your money, pay off your bills, house, cars, medical bills, and become debt-free. After that, you can hold on to the rest of the dinars and see what happens.”
According to Iraqi Dinar Intel Guru Frank26 :
Some institutions such as the WTO are interested in having Iraq join them because they believe Iraq’s economy is about to stabilize. They are looking for a significant change in the country’s exchange rate that would enable it to be released into the international market. In the next five days, I am eager to see what the exchange rate will be after the 15th of this month. I’m curious to see if it will remain low or if it is going to improve.
According to Intel Guru Bruce :
According to WiserNow, the leaders of redemption centers and bank managers have entered their access codes. They are now waiting for a confirmation from the Treasury to proceed with the redemption process. The Treasury needs to give the green light for everything to start rolling. We will have to wait and see what happens over the next few days.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm.
