These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Guest Guru Steve :
I don’t think people are aware of how crucial the present oil market is to the Iraqi currency’s worth. Crude oil futures are now trading at about $106 per barrel.A little more than a week ago, the price of an oil barrel was around $67. That’s a big rise. This week, petrol prices are likely to be about $4.00 per gallon, if not more. Despite how awful that sounds, this is a huge plus for the potential revaluation of the Iraqi dinar.The underpinning of the currency that we are all predicting will revalue depends heavily on rising oil prices.Iraq ranks fifth among the world’s oil-producing nations.Iraqi reserves rise in tandem with oil prices.The price of oil is soaring.
According to Newshound Guru Militia Man :
Regarding the IRG’s remarks, Hormuz is closed. Though not completely, it was lately. Yes, commercial tanker traffic has decreased. With US naval activities in place to make things more active, that is currently being addressed. Insurance concerns have been resolved. It is quite improbable that the Strait of Hormuz would close permanently.
According to Iraqi Dinar Newshound Guru Jeff :
Iraq unexpectedly had to impose a delay when US/Iran tensions began to rise because they are not prepared to travel abroad until the US/Iran conflict is resolved. Because Trump has stated unequivocally that he would not allow Iranian involvement in Iraq. You’re observing a delay, then.They can establish a government when the conflict is ended, which will cause the pace to shift and expand internationally.
According to Newshound Guru Clare :
The article “Iraq and the risks of closing the Strait of Hormuz: financial repercussions and strategic options” The Central Bank of Iraq’s foreign exchange reserves, which are expected to be between $110 and $115 billion, might be affected by a drop in oil earnings. In order to pay for current expenses and keep the dinar’s exchange rate stable, the government could be compelled to use these reserves.
According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu :
Today, approximately 3 million barrels of oil will be taken offline, with prices hovering around $100 per barrel. The Strait of Hormuz is effectively closed, leading to US Navy escorts for oil tankers, yet only one vessel has successfully navigated the passage in the past 24 hours. This situation extends beyond oil, as various essential commodities also traverse Hormuz. Over the weekend, Iraq faced missile strikes, indicating that this conflict is unlikely to be resolved quickly. The potential downstream consequences are vast and unpredictable. This scenario does not align with any notion of economic security or stability. Iraq stands at the center of a looming global crisis, and decisive action from Trump is urgently needed. Meanwhile, the prospect of a currency revaluation has been sidelined.
According to Intel Guru Frank26 :
[Boots-on-the-ground report on Iraq] FIREFLY: They attempted to attack American foreign workers in our hotels, companies, and refineries, causing collateral harm to our nation. There are a lot of people there. It’s really busy. We’ve been informed that it will continue for a very long period. Everyone is hoarding food. This is the case. FRANK: The war is a dangerous scenario.They say this campaign will run for a very long time, but I disagree. Oh my god, no. But for you Iraqis, the time it will take will be a nightmare.Trump is fully aware of what he is doing.
According to Iraqi Dinar Newshound Guru Jeff :
I want you to understand how near the rate change you are. You can see how near you are to the date of the rate change when you examine this more from the perspective of what they’re doing against what they tell you. They may swiftly establish the administration when the conflict is ended.There are just three parts remaining after the president is finished and elected. The prime minister’s announcement, the completion of his cabinet, and the final legislative vote and approval of his government…If Sudani’s tenure is extended, all three last processes are completed, which would enable them to revalue in the remaining months of March.
According to Newshound Guru Clare :
Article: “Bloomberg: The war has caused Iraqi oil production to fall by roughly 60%” Quote: “Bloomberg noted that Iraqi oil production has fallen to 1.7 million barrels per day”
According to Iraqi Dinar Intel/Newshound Guru MarkZ :
[via PDK] Mark, have you looked into the VND rate on WISE? The rate is $2.80 VND to $1 USD. MarkZ: I can tell you that this pace is one that I have heard a lot about lately, and some people anticipate that the dong will be released at that rate. It’s really likely.
According to Intel Guru Bruce :
Rates are increasing on bank displays, and some of them are prohibited on screens at redemption centers [via WiserNow]. However, everything is well. I am able to inform you. Everything is fine, and we will all be quite happy with everything.
According to Iraqi Dinar Guest Guru Ariel :
The story that banks are getting ready for a big event is not brand-new. A number of people have come forward to share their experiences of being informed that banks are preparing for a significant shift during private meetings with bank management.The world economy would be significantly impacted by the possibility of a currency devaluation, beginning with Iraq. It implies a change in the balance of power, with Iraq perhaps becoming a significant force in the area. It’s obvious that security and stability will be essential in deciding the result as the crisis develops.One thing is certain while the world waits anxiously: Iraq will probably be in the forefront of the impending currency devaluation.
