Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (05-4-2024)

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

According to Intel Guru Frank26 :

1 to 1 is no longer even a topic worth discussing. It might arrive at either 1.30 to 1 or 1.50 to 1. I think the REER could have a maximum of about $4.25. Let’s see what transpires with my viewpoint.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] Raise = Float. The translation and the nature of the controlled float, soft peg, or even float at all have been the subject of discussion. They’ve made it apparent, in my opinion, that they will peg it. However, it’s unclear.

According to Newshound Guru Kaperoni :

It is exceedingly improbable that any bank will deal with the dinar in the near future. Due to banks’ inherent conservatism, once the dinar starts to float, it might become extremely volatile. We have already discussed ECNs and market makers. These may wind up serving as your means of facilitating your currency investment or coming from a reputable bank like JP Morgan. These questions will be resolved in time.

According to Iraqi Dinar Newshound Guru Pimpy :

Personally, I think they’re going to remove the zeros. Do I want to remove the zeros from Iraq? No. If they decide to revalue it using a better exchange rate, I would expect they will leave it on. That is my desired outcome.

According to Newshound Guru Militia Man :

[Report from troops on the ground in Iraq] FIREFLY: Saleh claims on TV that the parallel market should be eliminated and the dinar should be floated. FRANK: All right, Saleh, thanks! Sudani replies, “Go outside and clean this mess up; we’re not going to float.”We’re going to float, of course. FIREFLY: According to him, we have ten times as much to sustain a new rate. FRANK: The man Sudani sent you is this one.He is informing these economists that either they are being paid by you know who to spread misleading information, or they do not comprehend the arrangement the CBI signed with the US Treasury over the new currency rate.

According to Iraqi Dinar Intel Guru Frank26 :

[Report from troops on the ground in Iraq] FIREFLY: Saleh claims on TV that the parallel market should be eliminated and the dinar should be floated. FRANK: All right, Saleh, thanks! Sudani replies, “Go outside and clean this mess up; we’re not going to float.”We’re going to float, of course. FIREFLY: According to him, we have ten times as much to sustain a new rate. FRANK: The man Sudani sent you is this one.He is informing these economists that either they are being paid by you know who to spread misleading information, or they do not comprehend the arrangement the CBI signed with the US Treasury over the new currency rate.

According to Newshound Guru Kaperoni :

As a reminder, the Central Bank of Iraq declared just two weeks ago that it will stop holding currency auctions at the end of the year. They need a replacement, which is the float, if that is the goal.

According to Iraqi Dinar Intel Guru MarkZ :

[through PDK] I think there is a great shot we will be finished by the ninth… Remark: I hear tomorrow will be. an Important day. MarkZ: I am not hearing anything negative—everything is positive—and all of my contacts in Iraq are saying the trigger is now with the CBI and they are going to pull it soon. I know a lot of people are expecting it on Sunday or Monday. I don’t know if it will be tomorrow or not. They are illuminating individuals … they are teaching individuals and advising Iraqi residents to be ready for an adjustment of significant worth…

According to Newshound Guru Clare :

Article titled “Specialist: Floating the dinar is economic suicide” According to a quote: “Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate…adding that floating the exchange rate in the presence of a parallel market and large speculators, and the presence of people who own billions of dinars and others who own billions of dollars, will lead to a sharp decline in the value of the currency, high levels of inflation, and rising prices”

According to Iraqi Dinar Newshound Guru Paulette :

Article titled “Specialist: Floating the dinar is economic suicide” Similar to what Saleh was saying, but in harsher terms.

According to Intel Guru Frank26 :

[Report from troops on the ground in Iraq] FIREFLY: The experts in this field claim that since there is a great deal at stake, including the budget and other forms of investment in our economy, the exchange rate will be set. There are too many horrible things that can happen with a float, so it won’t float.Another man has just appeared on the TV and claimed that floating the dinar is suicide. FRANK: Hey, you don’t want us to carry out that action because it’s what Sudan wants and because the CBI and the US Treasury agreed upon it.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] They’ve begun disbursing benefits to pensioners, the handicapped, welfare, etc.On all those fronts, the money is now going where it should. and all the advancements they have achieved in providing CBI pay to individuals. After the invasion of Kuwait, they are finishing up all the agreements they signed to exit chapter 8 and prepare for global trade and ascent. Significant progress has been achieved. The previous sixteen months have seen incredible progress.