These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Intel Guru Frank26 :
The World Bank, the Iraqi government, and the Minister of Finance are committed to implementing the monetary reform strategy for their respective currencies and banks. The news is excellent. It is them that our dreams have been filled with. Fantastic things are arriving in large quantities.
According to Iraqi Dinar Newshound Guru Pimpy :
[The dinar] is a wise purchase. It is going to require some time. Some of you, I know, have been in this for twenty years. I recognize that. Without a question. We’ve come a long way from where we were in 2019 to where we are today. It’s very absurd.
According to Newshound Guru Militia Man :
How are you going to remove the zeros from the notes? You’re going to change the currency’s denomination…To re-denominate, one must provide value. Re-denomination results in nothing being gained by people who already own currency if no value is added. I don’t believe that the US Treasury, the UK, Canada, Australia, the Coalition forces, or the South Koreans entered Iraq expecting to be totally screwed over.The exchange rate is the source of the Project to Delete the Zeros. After the zeros are removed from the exchange rate, you are left with a 1 to 1 situation—not in terms of value, but $1 to 1 dinar. Next, utilize an actual and efficient exchange rate.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Without a doubt, there are some fascinating folks that travel. It may happen this weekend. Some intriguing whales are being abruptly moved, tugged, and pushed.For security concerns, I can’t tell you which ones or where they are.However, it’s thrilling. This is not just what I’m hearing. Over the weekend, we did have a significant snowfall in Reno. Today, I received confirmation of it.
According to Newshound Guru Jeff :
We want to know when Iraq will amend their budget—they can do so before or after the rate changes—this is the next significant step.
According to Iraqi Dinar Intel Guru Frank26 :
Comment from the community: “If the current rate is 1320 to 1 and you remove the three zeros wouldn’t the new rate be $1.32 to 1?” Frank 26: No…Give up adding decimals to the 1320.You have to comprehend that 132 dinars are equivalent to $1.00, or a cost of $0.76. If you own one million dinar, or 760 US dollars. You will get $1 million if you have one million dinar and they take it to one to one.
According to Newshound/Intel Guru Fnu Lnu :
The 1.32 dinar to $1 USD exchange rate is in effect since there is NO LOP and the FOREX figures will be much more appealing.
According to Iraqi Dinar Intel Guru Frank26 :
Comment from the community: “If the current rate is 1320 to 1 and you remove the three zeros wouldn’t the new rate be $1.32 to 1?” Frank 26: No…Give up adding decimals to the 1320.You have to comprehend that 132 dinars are equivalent to $1.00, or a cost of $0.76. If you own one million dinar, or 760 US dollars. You will get $1 million if you have one million dinar and they take it to one to one.
According to Newshound Guru Pimpy :
We want to change the official exchange rate, but we wouldn’t want it to change with the new re-denominated currency that has zeros removed. I need a huge $3.00 to 1 Iraqi dinar swapping scale with the money we have now. [Post 2 of 2]
According to Iraqi Dinar Newshound Guru Pimpy :
I guarantee that the notes they use will be the lower denominations if they conduct both a reevaluation and a redenomination simultaneously. Therefore, you will receive $3 per dinar for a 25 dinar note as opposed to $3 per dinar for a 25000 note. You can have a fit by jumping up and down all you want. I’ve been letting you know folks this will happen [If they re-denominate]. This is perfect for the Iraqi people…They’ll be cheerful about the adjustment of their abundance yet the western individuals won’t actually have a sample of it…I continue to caution you folks about this… [Post 1 of 2….stay tuned]
According to Intel Guru MarkZ :
[via PDK] What do you think will happen to the street rate on the VND after all of this? MarkZ: I still have a gut feeling that it will be between $2 and $2.50. But until we arrive, no one is aware. [Regarding the dinar] I was informed that I may anticipate $3.33 to $4.81. In that range, somewhere.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
Should the $4.25 example serve as the float, it will be upheld.The cap rate cannot drop below a predetermined percentage, according to the CBI. Usually, this proportion falls between plus and minus 5%.It will remain in that approximate area. This will increase the security and demand for the Iraqi dinar on a global scale.
According to Newshound Guru Militia Man :
The Article: “A specialist points out the reasons for the noticeable decline of the dollar in Iraq: It will reach the official price” It has been reported to us that the rate of inflation has been kept to around 3.7%, and the Iraqi dinar has enough reserves due to imports covering more than 15 months instead of the usual 3 months. They have added around 43 tons of gold. Their new ASYCUDA system handles both non-oil and oil income sources. I believe that a truly effective exchange rate will be an extra instrument to swiftly stop the illicit parallel market.
According to Iraqi Dinar Intel Guru Frank26 :
[Iraq boots-on-the-ground report] FIREFLY: Bank friend…when we do the 1.32 and $0.76… Candid: When do we do it? Are you unwilling to deny it? FIREFLY: Before any reinstatement, we need to complete the smaller notes and allow them some time to adjust. This ought to be perhaps in two weeks or less. Then, at that point, everybody can see this roll in restoration. FRANK: Amazing, goodness, amazing, goodness. This is incredible…
According to Newshound/Intel Guru Mnt Goat :
Another report from the CBI informs us that the RV/Reinstatement process is likely to undergo yet another phase.The restoration is on the horizon, and based on current knowledge, I am certain that we are going to witness the majority of the Banking Reforms, which have been the foundation for all other initiatives for the previous ten years. Iraq is gradually returning to standard international financial procedures in order to conduct business with the rest of the world, shedding its sanctioned attitude and banking habits. Additional proof of it from the March news period.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Iraq is still progressing.According to publications, the exchange rate is being fixed or the street rate is being made equal to the official rate. Dedollarization is proceeding smoothly. Iraq became a member of the European Bank for Development and Reconstruction (EBRD). This provides more evidence that they are crossing their ts and dotting their I’s.
