These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Sandy Ingram :
The world of finance is a buzz… With its own investment fund, the AFC Iraq fund managed by Asia Frontier Capital limited, Iraq is now in the news. Its net return of more than 110% in 2023 has made it the world’s best performing long only unleveraged actively managed generalist equity fund. The funds investment approach, which concentrates on long-term drivers of the Iraqi economy’s transition, is responsible for this amazing accomplishment.Iraq’s investments in non-oil revenue sources have a significant impact on the country’s efforts to achieve economic stability and strengthen its currency.
According to Newshound Guru Pimpy :
The value of your currency will decrease if you increase the amount of money in circulation. Consider the law of supply and demand. Something loses value when you have more of it. What is meant by that? Eliminate the three-zero entries. Eliminating the three zeros reduces the amount of money needed to make purchases.
According to Iraqi Dinar Intel Guru Frank26 :
True “What comes first, the small denoms, Forex or even the RI?” As I’ve mentioned a hundred times, the new exchange rate and reduced denoms are what we’re looking for next. Now that we got it, let’s go afloat.
According to Guest Guru Imperator :
I want to explain what is meant by “Delete the Zeros.” According to certain Gurus, it implies to remove the zeros from the notes. According to some gurus, it implies to remove the three zeros from the exchange rate. The international community will only accept the first one in situations of uncontrollably high inflation as it is a lateral motion with no increase in buying power. The second is a genuine shift in the value of a currency that is very advantageous to the holders of that currency. The international community only accepts this when there is general agreement that the value of the currency is depreciated. Make your own judgments.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] “Bide names new ambassador to Iraq in place of Romansky” This is significant since, not very long ago, the ambassador traveling there also handled Turkministan’s revaluation. He is well known for having aided nations with their financial reforms. I’m not sure if they’re preparing to give Iraq its freedom or not. But it seems like a crucial step with a crucial person at a crucial moment.
According to Newshound Guru Clare :
Article: “In 2023, the Credit Bank of Iraq turns a profit of 17.5 billion dinars.” Quote: “Its assets increased to 507.7 billion dinars in 2023 from 406.7 billion dinars in 2022, representing a growth rate of 24.8%…The bank’s 2023 earnings, which totaled 10.7 billion dinars, increased by 63.5% over 2022.
According to Iraqi Dinar Newshound Guru Militia Man :
There was a marshal plan in Germany. Japan possessed a Marshall Plan. I see Iraq as a Marshall Plan. What is meant by that? It indicates that the nation will be rebuilt following the conflict. Rebuilt after Germany. Rebuilt after Japan. And what transformed into them? Economic titans…Will Iraq emerge as the Middle East’s economic superpower? That’s how it appears to be. Who gave them the lift there? ….Canada, Japan, Korea, the United States of America, the United Kingdom, and everyone else…
According to Newshound Guru Samson :
The Article: “Washington’s message to Baghdad: Economic support will disappear after the withdrawal, and there will be no negotiations before the attacks stop”
According to Iraqi Dinar Newshound Guru Sandy Ingram :
On Thursday, US President Joe Biden declared his intention to choose Tracy Ann Jacobson as the country’s next ambassador to Iraq. Jacobson, according to Biden, would be a pivotal figure in his government.Regarding Ms. Alina Romanowski’s resignation as US Ambassador to Iraq, no explanation was given.
According to Newshound Guru Pimpy :
Iraq may see an increase in its oil export earnings. They can therefore raise their exchange rate, and in order to counteract that rise, they can either raise or lower their oil output.Additionally, we are aware that their foreign exchange reserves have grown to $115 billion. Their currency holdings would grow if the exchange rate increased, which is advantageous since they could spend that money to defend the Iraqi dinar. An increase in the exchange rate would be extremely beneficial to Iraq. [Page 2 of 2]
According to Iraqi Dinar Newshound Guru Pimpy :
Oil accounts for 90% of Iraq’s exports… Keep in mind that Iraq aspires to compete in the trade market. Cost increases for the goods they export would result from increases in their exchange rate. This is unusual since oil makes about 90% of the exports…The Iraqi dinar may become more valuable in relation to other currencies if the country’s exchange rate rises. This would result in Iraq receiving more foreign cash for each unit of oil exported. [First of two posts…stay tuned]
According to Intel Guru Frank26 :
I believe Sudani made a lot of promises in Davos. The residents of Sudan are informed in more contemporary terms than ever before that there is less time to wait for the return of their cash and a new exchange rate. These are thrilling times, since it’s shorter than a step stool and has the legs of a corgi dog.
According to Iraqi Dinar Intel Guru Bruce :
[via WiserNow]…I am aware that the rates are appearing on the rear screen, notably for the dinar and the dong. Just on the front displays, the Redemption Center’s screens for Dong and Dinar were $4 to $5 higher for each denomination.
