Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (01-19-2024)

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These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion

According to Intel Guru Frank26 :

Query: “Do you think Iraq will depose current currency once revalued?” Naturally, once they revalue, they will stop using the money—the three-zero notes. The citizens will be introduced to the fils and the lesser denominations. However, in order to give it any worth, it would require an equivalent exchange rate. Right now, the exchange rate is so low that it is worthless.

According to Iraqi Dinar Newshound Guru Militia Man :

To transform this into a fully fledged market economy, they are taking the public and private sectors and combining them.

According to Intel Guru MarkZ :

[via PDK] Is there any update on the payment of whales or NDAs? MarkZ: I’ve been hearing a lot about it, but I haven’t been able to find any solid evidence. Many of those that I have spoken to have high expectations and anticipate receiving funds shortly. They’ve been informed that they would receive a “iron clad NDA.”That seems to be their way of saying, “when I can’t say anything,” which indicates, in my opinion, that they have money and signed NDAs. These are the details I know from those involved, although they are still in conversation right now.

According to Iraqi Dinar Intel Guru Bruce :

[via WiserNow] We learned from one of our contacts in Iraq that in addition to having two different rates for Iraq—an international rate and an in-country rate—we also have Iraq trading that rate on the international market for the Iraqi dinar. As for Friday’s market closure, banks close at six o’clock; at some point during that window, the Iraqi dinar—the new rate—will be trading internationally, and we should see it here—in the US.We are aware of the dinar’s closure now. [Thursday] The trading range is far higher than both the international and domestic rates for Iraq, and we know where it was a few days ago on Tuesday. It is still quite strong.We will receive our notices by this coming Saturday, according to one of our most reliable and credible banks and sources.I believe we’re getting close to home.

According to Newshound Guru Paulette :

The three zero series currency will coexist for a period of two years in the marketplace and up to ten years through the banks, according to the CBI’s clear statement to the public, which is that they shouldn’t be afraid of the Delete the Zeros Project’s implementation because it will be carried out in a way that minimizes confusion.

According to Iraqi Dinar Newshound Guru Fnu Lnu :

There’s nothing a “small increase” can do to boost their economy. They now import practically everything, so they need significant money quickly, but they will soon become a major player in the Middle East.

According to Newshound Guru Pimpy :

In my opinion, there will be gradual increases in these projects. One of the key areas that Iraq needs to prioritize is generating revenue from sources other than oil. Numerous construction projects commenced in 2023, with a significant portion scheduled to begin in 2024. The deadlines for these projects range from the end of this year to as far as 2028, with the majority having a deadline of 2025. This presents a multitude of job opportunities and signifies substantial infrastructure development in Iraq. Consequently, this transformation greatly bolsters their economy and reinforces the utilization of the Iraq dinar. It is important to note that this is not a minor development by any means. When Sudani mentioned that 2024 would be a pivotal year for Iraq, he was referring to this significant progress. This is an immense undertaking that has captured my attention. Iraq is set to witness the commencement of hundreds and hundreds of projects.

According to Iraqi Dinar Intel Guru Frank26 :

[Report from troops on the ground in Iraq] FIREFLY: Today, the House of Representatives is debating the requirements for the WTO’s final stages. Now we are a part of it. We’ve been told this. Iraq can engage in trade with other nations. They are discussing the necessity of this for our monetary reform.

According to Newshound Guru Militia Man :

Newspaper article: “The International Monetary Fund welcomes Iraq’s accession to a program that supports economic reforms” Translation: “Thursday…the International Monetary Fund welcomed Iraq’s accession to a non-financing program to support economic reforms” After decades of participation, the IMF is probably aware of the specifics of many things, including exchange rate regimes. It should open everyone’s eyes to see that Iraq is proceeding with all changes and that no funding is required. How does the non-financing method of paying for projects and commodities using the IQD at 1,310 IQD to 1 USD work? It has never had an IQD to USD conversion rate of $.0006 or even $.0007 before. What makes it any different today, then? Obviously, it wouldn’t.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] Iraq is now a global player after being appointed Director General of the Arab World Institute in Paris. What will be required in order for this? WTO full membership and a new tariff. That would make sense. Iraq made headlines yesterday when they publicly discussed devaluing their currency and adopting a rate that would rival the US dollar.

According to Newshound Guru Clare :

Al-Sudani successfully concludes his visit to Switzerland and returns to Baghdad. In addition to the main agenda, several significant meetings took place during the visit. These included discussions with prominent figures such as French President Emmanuel Macron, President of the Swiss Confederation Viola Amherd, Secretary-General of the United Nations António Guterres, Secretary-General of NATO, the US National Security Advisor, President of the World Bank Group, Director General of the International Monetary Fund, President of the European Commission, President of the European Bank for Reconstruction and Development (EBRD), Saudi Ministers of Trade and Investment, International Finance Corporation (IFC), regional CEO of JPMorgan, Secretary-General of the Organization for Digital Cooperation, President of HKN Energy Oil Company, and representatives from 57 international companies specializing in oil, energy, and other economic fields. Furthermore, Al-Sudani also conducted interviews with prestigious media outlets such as Bloomberg website and the Wall Street Journal.

According to Iraqi Dinar Intel Guru Bruce :

[via WiserNow] Additionally, the Dong will be offered to us at a far higher rate than we previously believed. They do not currently have a contract rate on the Dong, and we anticipate that they will never have one.

According to Intel Guru Frank26 :

For those of you that trade commodities, I believe you saw 1.68 on the 15th. Based on what we are witnessing, they are agreeing on the future rate of the Iraqi dinar in commodities in dinars. Today, you saw 3.04 on the commodity trades with the Iraqi dinar and you saw it being done in Iraqi dinars, no other foreign currency. These are agreements to purchase or sell a certain amount of a tangible good at a certain price on a certain date. Basically, futures are what you saw, in my opinion.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] “To support a reform program, Iraq and the IMF are discussing cooperation and will soon begin meetings.” If they were going to be moving toward WTO membership and a value adjustment, they wouldn’t be holding these international meetings on Iraq. And that’s exactly what Iraqi government officials and contractors are telling us. Though we are aware that they are ready, we are unsure of the precise timing. And they informed us through an article that they are preparing to peg their currency to a regional currency basket in order to boost the dinar’s value and make it more competitive with the US dollar.