These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound/Intel Guru Frank26 :
It is taking place. I informed you that everything needed to be set up by December.Sudani and the CBI ensured that all the necessary conditions were met for monetary reform. Please have a peek at it! Looking over the articles since January has arrived…!
According to Iraqi Dinar Newshound Guru Pimpy :
Summary “The ports discuss the operational plan for the years (2023-2024)” Al-Sudani informed us that this is an accomplished year. Achieving 100% completion of the Port of Faw this year will be quite remarkable. For many years to come, having it fully running will provide enormous money for the nation.
According to Newshound Guru Militia Man :
Summary “The ports discuss the operational plan for the years (2023-2024)” Al-Sudani informed us that this is an accomplished year. Achieving 100% completion of the Port of Faw this year will be quite remarkable. For many years to come, having it fully running will provide enormous money for the nation.
According to Iraqi Dinar Newshound Guru Sandy :
China has made the decision to show interest in the Development Road Project between Turkey and Iraq. China’s involvement in the image indicates that Iraq is well on its way to completing this project, which makes this exciting and wonderful news. As investors, we are seeking for the development road project to boost Iraq’s GDP and offer an additional reliable source of revenue each year in accordance with the IMF’s proposal. Everything points toward an increase in the value of Iraqi money.
According to Newshound/Intel Guru Fnu Lnu :
For Iraq to work with different countries, under the ongoing routine (Quick), they should utilize Nostro/Vostro accounts…Nostro comes from the Latin word for “our own,” as in “our cash that is on store at your bank.” Vostro comes from the Latin word for “yours,” as in “your cash that is on store at our bank.”… These are to be put on store with an assigned bank in every single country for cross-line payments….How much Iraq has on store in different nations really relies on the number of nations with whom they that plan to carry on with work. As we have as of late seen, there are many Countries with whom they…have kept Dinar in their banks and the Countries that will commodity to Iraq have cash in the CBI. Nostro/Vostro accounts make little difference to the Global conversion scale of the Iraqi Dinar.
According to Iraqi Dinar Newshound Guru Pimpy :
I never claimed it wouldn’t occur. It most certainly will, but I believe it will increase gradually. Is Iraq taking the necessary steps to restart their progress? Indeed, they are. Which obstacles are the largest? They must take action to combat corruption.We’re going to have a difficult time achieving our goal of changing the exchange rate unless these factors change.
According to Intel Guru MarkZ :
[via PDK] Iraq is once more publicly debating the shift in the value of the dinar. This makes over four articles, etc., in the last week. They anticipate that the value of their currency will soon undergo a significant shift. In order to compete with the US dollar, pegging to a basket of middle eastern currencies is still being discussed. The Iraqi currency auctions appear to be having significant events as well, according to the reports. attracting a lot more dollars. They are behaving exactly as we would anticipate them to do right before a revaluation. They are warning us that it will arrive, and it is obvious how near it is.
According to Iraqi Dinar Newshound Guru Clare :
Story “Parliamentary Finance Committee: A surplus of more than 10 trillion in the 2023 budget” Quote”According to the Iraqi Ministry of Finance, as of November 2023, the state’s total earnings exceeded 121 trillion dinars, while its total expenses exceeded 110 trillion dinars. This implies that there is a surplus of over 10 trillion dinars.
According to Newshound/Intel Guru Frank26 :
Any Iraqi living abroad will take advantage of this and convert their 3-zero notes into US dollars. The monetary reform is becoming more direct and louder every day. Nothing is unclear. They’re telling you it’s occurring, so there’s no need to worry when it will happen. The next stage of your monetary reform, in my opinion, is represented by the lower denoms, the new exchange rate, and the basket float.Right now, Prime Minister Sudani is boasting about it.
According to Iraqi Dinar Newshound Guru Militia Man :
Basically, what is the whole enterprise accomplishing? regaining trust and involving the private sector. Iraq will be expanding internationally. What we anticipate is that Iraq will have a currency that complies with IMF Article VIII and has a Real Effective Exchange Rate (REER) that upholds the currency’s value and helps to rebuild trust in it.Will trust be restored by the 1310 exchange rate? …Definitely not, in my opinion.
