These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Intel Guru Frank26 :
The dollar is being taken out. It has just three distinct applications. The Iraqi government will utilize the dollar anyway it sees appropriate. The Iraqi people can exchange their dinars for US dollars at a bank in order to purchase medication.The final purpose for the Iraqi dinar will be for its residents to visit a bank and withdraw cash if they can demonstrate that they are going overseas and require it.The currency is being disregarded or marginalized…The dollar will exhibit all the same symptoms as the Iraqi dinar did, for which it was penalized for twenty years…In contrast, the dinar will become more stable and secure as a result of widespread use.
According to Newshound Guru Pimpy :
People are becoming perplexed.They will alter the currency after deleting the zeros. It isn’t the currency rate. That’s the source of the misunderstanding.If I take the zeros out of a 25000 dinar, I get a new currency that appears.They are valued equally. The number 25000 is the notional value.The conversion rate between these two currencies remains constant at one to one, even if the new one states 25. They are arguing that the 25000 dinar is worth the same as the 25 dinar. This continues for a short while until everyone trades in every note. They are not discussing their dislike for other currencies.
According to Iraqi Dinar Guru Nader From The Mid East :
Despite being larger and possessing more resources than Iraq, Algeria’s dinar is stronger than that of the latter country. Look at the dinars in Tunisia; they have nothing at all, and the exchange rate is three to one, or three dinars to $1. The point is, these folks are impoverished. There is a revolution emerging. They are disorganized. It’s a total chaos. They suffered severe losses. Even though the private sector is in disarray, [their dinar] is still powerful. Iraq, you are still being punished at this rate…They must reassess. They will revalue 1 to 1 if they do so.
According to Newshound/Intel Guru Walkingstick :
The computerized platform that Aki’s bank uses is being used by all banks worldwide that have connected to the CBI. This is a major problem for all of these accounts, Visa and Mastercard, and the folks from here to there.The Iraqi dinar is about to sail through this aperture.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Are rates shown on bank screens in the United States? MarkZ: …They haven’t yet shown on the tellers’ screens in my firsthand observation.However, there are stories of tellers displaying the rates to customers.
According to Newshound Guru Samson :
The article reads: “With a growth rate of 150%… taxes announce an increase in their revenues to more than 4 trillion” Say this: “Baghdad On Thursday, the General Tax Authority declared that, in just eight months, its income had increased to 4 trillion and 500 million dinars.”
According to Iraqi Dinar Intel Guru Frank26 :
Query: “Do you think they’ll come out with a sucker rate?” Whether or not it’s suckered, I don’t care! Please rate me! Please give it to me! Take it global! They will float it up if you let it go. Please give me $0.10. It doesn’t concern me.
According to Newshound Guru Militia Man :
“I don’t think an investment budget will work at 1310, as they don’t have enough dinar to support it. The main goal of the project is to remove the zeros from the exchange rate. Once this is done, they will need to follow the Real Effective Exchange Rate, which is a process that requires a different approach. Everyone in the world, including the WTO, Bank of International Settlements, IMF, US Treasury, and US Fed knows about it, but they seem to be working towards finishing a complex process. That’s just my opinion.”
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] “Exchange rates for US dollars decline in Erbil and Baghdad” Sooner rather than later, Iraq will have to pull the trigger. This is encouraging for us since it will compel them to move on with changing their values. To be fully appreciated, they require being tied to a basket.
According to Newshound Guru Pimpy :
Iraq still has to address a few issues. taxes as well as their overall tax structure. Furthermore, students need to learn how to manage their finances.In Iraq, repairing their tax system and balancing their budget would be quite beneficial.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] “Urgent: The foreign ministry declares that the US and Iraqi talks on the deployment of coalition forces in the nation were successful.” It has indeed been quite the week over there. Trump said years ago that the troops would withdraw from Iraq when our compensation was adjusted for inflation.
According to Newshound/Intel Guru Mnt Goat :
I then inquired about the “basket of currencies” that has been mentioned in relation to the dinar’s re-peg. I’ve been informed that this will happen, but not until they fix the parallel market issue and switch to FOREX will they be able to fix the present in-country rate. I needed and wanted to hear this exactly. This is exactly in line with the 2011 Dr. Shabibi proposal that I have already discussed extensively. Thus far, I think everything about this procedure is going great. [Page 2 of 2]
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
According to my source, the CBI’s current focus is attempting to bring the dinar’s “official” CBI rate and the parallel black market rate into balance. I questioned my contact about why the previous crisis resolution approach did not work. I was informed that although the current efforts are taking longer to bear fruit than anticipated, the situation will ultimately be resolved and the rate will decline. [first of two posts…stay tuned]
