Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (02-26-2024)

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

According to Newshound Guru Clare :

Article: “The Kurdistan Regional Government’s prime minister makes an official visit to Washington.”

According to Intel Guru MarkZ :

[via PDK] “Iraq attends the World Trade Organization’s Ministerial Conference for the first time in 20 years,” which includes fulfilling the conditions necessary for Iraq to become a member of the organization. as well as participating in multilateral trade. This one is significant.

According to Newshound Guru Pimpy :

The exchange rate is not affected by the removal of the zeros.I’ve written you a demonstration.

According to Iraqi Dinar Guru Nader From The Mid East :

The article states: “Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years…” Excellent news—IQD is declining. Whoa.

According to Newshound Guru Paulette :

IMSO…the Oil and Gas Law is superseded now that the Federal Court has rendered its decision.In a single ruling, the court authored the entire Oil and Gas Law. The federal government receives all of Kurdistan’s oil and non-oil earnings, and all government employee wages are disbursed through Baghdad. Nothing more to discuss or concur on. “Binding and Compelling” .

According to Iraqi Dinar Intel Guru Frank26 :

[Report from troops on the ground in Iraq] FRANK: You Iraqi citizens were informed by the GOI and the CBI that a committee would be formed to reprize your goods in the marketplaces.We warned you to get thrilled as soon as you witness them beginning to reprice goods inside of Iraq’s marketplaces. This, in my opinion, is the forerunner to your new exchange rate. Things are moving pretty quickly at the moment. You will shortly be speaking with your bank friend.

According to Newshound Guru Militia Man :

Question: “Does erasing the cash zeros influence its worth?” Obviously it will. Quote: “Money zeros don’t struggle with its worth.” Obviously it won’t struggle. You erase the zeros, is that a contention? No. It brings buying power. Assuming that you erased the zeros and there was no increase that would be a contention. How can you go to tell individuals for such a long time we will get buying power and afterward you do a Cut and there’s no esteem contrast?

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] Now, this is where things gets exciting over the weekend.There was a great deal of discussion and sharing of experiences about the necessity of a committee for “repricing”… Why is a reprice necessary? Perhaps they are preparing to adjust the dinar’s value? This is quite significant. Additionally, they were rather transparent over the weekend about “Removing the Zeros,” and how doing so increases purchasing power.This is referred to as the “zero deletion mechanism.” When removing the zeros from this operation, purchasing power must increase.It was a fantastic weekend.They must update their banknotes, even the smaller denominations, when their value rises.

According to  Newshound/Intel Guru Walkingstick :

I believe that the monetary exchange rate has been watched in order to address Iraq’s domestic inflation. The monetary reform’s RV phase presented all the calculations needed to succeed putting the people first.Thus, the Iraqi market becomes enthusiastic when they reprice.

According to Iraqi Dinar Newshound Guru Clare :

The idea that is now in place is to exchange one dinar of the new currency for every thousand dinars of the present currency, according to the article.The removal of high inflation pressures from the economy and the restoration of trust in the national currency and the monetary system as a whole are the main advantages of deleting zeros. Other benefits include making accounting procedures and inter-citizen cash exchange easier, as well as lowering the cost of managing and maintaining the monetary block by lowering the volume under circulation.

According to Intel Guru Frank26 :

Article titled “The dinar and its three zeros – is it time to symak the dinar and return to the dinar 1980” IMO [make = symak] Why is 1980 such a huge deal? So you’d like to take the dinar back to the eighties? The Iraqi dinar was worth $3.778 on the international market by 1971, 1972, and 1973. Then, in 1980, it was purposefully dropped to $3.2169.

According to Iraqi Dinar Newshound Guru Militia Man :

They’re discussing removing the zeros once more.We are not discussing one, two, or three articles. According to the article, “The issue of deleting the zeros and splinting the dinar has become a topic that causes a lot of reflection and controversy in economic circles…” Going from 1310 to anything from a “prior era” is a significant shift.According to the article, “When this is done correctly we can expect…a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980.”

According to Intel Guru MarkZ :

[through PDK] One of the articles I like the most from Iraq: ” ITC has Iraq Public exchange discussion” With help from Iraq’s public Exchange community and the public authority, and a joint organization of the UN and the World Exchange Association. The whole objective of this is to encourage Worldwide exchange, and import and product valuable open doors in business on the global stage.

According to Iraqi Dinar Newshound Guru tlm724 :

Newspaper Article: “For The First Time In 20 Years…Iraq Participates In The Ministerial Conference Of The World Trade Organization” Quote: “The completion of the files of trade in goods and trade in services within the timetable for joining the global multilateral trading system is the completion of the requirements for Iraq’s accession to the organization.” Iraq is taking part in the World Trade Organization’s Ministerial Conference for the first time since 2004.