Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (03-10-2024)

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

According to Iraqi Dinar Intel Guru Frank26 :

IMO This is a RI, not an RV, as some people claim. The RV was from a long time ago.This is an R.I. It is to be reintroduced. I believe it is attempting to achieve $3.22 so that he may be on par and then float into the basket, gaining additional value.

According to Newshound Guru Pimpy :

Taking the zeros out of the currency will not affect the pricing on the ISX [Iraqi Stock Exchange]. Changing the exchange rate will have an effect on the ISX.

According to Iraqi Dinar Newshound Guru Clare :

Newspaper article: “Central Bank: Inflation in Iraq decreased to 4%”

According to Newshound Guru Sandy Ingram :

Many consider Iraq’s stock market to be a joke, while others benefit from it. Newspaper headline: “Nasdaq signs New Agreement with Iraq Stock Exchange” . This new Iraqi dinar stock market is now electronic, and transactions take only five minutes to complete, as opposed to three weeks.

According to Iraqi Dinar Newshound Guru Militia Man :

Everyone understood they had many revenue streams. You understand it won’t simply be oil. Non-oil earnings, tourism, agriculture, liquefied natural gas, natural resources—all of these will be part of the future, which is quite powerful.

According to Newshound Guru Paulette :

Community Comment: “…The rate is irrelevant, but “free movement of capital” is crucial. “That is Article 8 compliance.” They cannot be Article 8 compliant while the country is operating under an MCP. A MCP [Multiple Currency Practices] involves a parallel rate that is more than 2% higher than the official rate, according to IMF definition. Saleh stated last year that the parallel rate is “REQUIRED” to be 2% or lower than the official rate…This 2% or less must be maintained for at least 90 days. The parallel rate is still around 14% different.

According to Iraqi Dinar Intel Guru Frank26 :

BOA, Chase, CitiBank, and Wells Fargo have all done their jobs. They are now all part of the chain of command. These banks are being kept abreast of what is going on. I also believe that banks in Iraq are receiving new computers with software for the new smaller denomination notes…Chase, they don’t need the program since they won’t be proving/inspecting it [lower notes]; they’re only the intermediary that transmits it to the others. The others at JP [Morgan] have modern technology, equipment, and software. They are the ones who train and practice, IMO…

According to Newshound Guru Pimpy :

If we moved from where it is today (.00077) to $3.22, the value would grow by 4,180%. The highest amount a currency has ever been revalued happened on January 1, 1948, when the Chinese government chose to revalue its currency, the yuan, as part of attempts to stabilize the economy and recover from World War II…The new currency rate was set by the government at $1 US for every 1.4 yuan, representing a 46.9% gain – the greatest increase in value we have ever witnessed in the globe…So Iraq is likely to break the previous record of 46.9% growth in value by 4133%. Not going to happen.

According to Iraqi Dinar Newshound Guru Breitling :

Related “The difference between Kuwaiti revaluation and the Iraqi dinar – what’s the difference?” It’s a whole new model…Kuwait was invaded. Saddam Hussein confiscated the printing press, which functioned as Kuwait’s Treasury. They stole everything…The Iraqi dinar was entirely different. It was intended. They understood the old Iraqi currency was about to fall. We infused their economy with dollars and euros. That’s when they removed the old dinars from the streets and introduced the new dinar you and I have. It’s a whole different model. There is no way to compare.

According to Intel Guru Frank26 :

[Iraq boots on the ground report] FIREFLY: Sudani will visit Washington in April to discuss the ongoing dispute between Iraqi friends and Washington.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK]. Question: Is this the month? MarkZ believes this may be our month, but he doesn’t have a magical ball.However, returning to the Simply Linn bank tale, the bank manager stated that he does not know the timetable but is certain that it would be shortly. And we may know before they do. [Refer to MarkZ’s Simpy Linn Bank tale dated 3-9-2024 below.]