These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Jeff :
Monday’s budget approval is not scheduled. This is going to be yet another botched attempt.On Monday, nothing will happen about the budget. Trying to ratify it will be a futile endeavor.
According to Iraqi Dinar Newshound Guru Pimpy :
Article titled “Iraqi Dinar: IBBC issues Major New Paper on De-Dollarisation of Iraq” This article discusses more than only de-dollization; it also addresses banking reforms, the status of politics, and security. It also discusses the actions that Iraq must take to raise the exchange rate. It also discusses the things that Iraq must avoid in order to avoid further devaluing its currency. Not everything can be solved with a simple “Hey, let’s increase the exchange rate so we can end all of your problems.”It has about thirty pages.There were a number of things in there that surprised me.
According to Newshound Guru Militia Man :
They are discussing a budget that is $210 trillion in debt.It’s crazy. That type of money is not theirs. How do they proceed? Are they going to raise it now?And these individuals have the budget on their “agenda for a confirmed and imminent completion”. People, there’s a problem because 1310 doesn’t function.
According to Iraqi Dinar Newshound Guru Kaperoni :
The value of the dinar will hover around $1. It is unlikely that the dinar will float at the current exchange rate; instead, it may rise gradually in accordance with that rate.
According to Guru Nader From The Mid East :
“Nader, you mentioned that it would occur in June.” No, I didn’t mention it happened in June. Since they usually worked on the dinar between June and August, I said in June that they might be able to work on him.Their latest white paper was produced. They will begin working on the exchange rate, I believe, starting now and continuing until July 8. We’ll watch to see what transpires.
According to Iraqi Dinar Newshound Guru Deepwoodz :
Query: “Don’t they have a deadline for these budget things by June 9th?” I believe that their post-extension legislative session was supposed to expire on June 9th. The significance of it will become clear over time.
According to Newshound Guru Jeff :
You’re an ignorant investor if you’re thrilled about the budget being approved on Monday. This indicates that since budgets are based on the value of the currency, whatever it may be, the rate will not change. At 1310, the budget was computed in relation to the dinar.Either midyear (September or October) or the next budgetary period of 2025 would have to be the next window of opportunity for the rate to alter. They must put that year’s budgetary funds on hold and think about rewriting the budget in order for them to do it.
According to Iraqi Dinar Newshound Guru Pimpy :
Summary: “The document..The House of Representatives votes next Monday on the budget schedules” at last, following a long period of time. An enormous delay occurred.
According to Newshound Guru Militia Man :
That vote [scheduled Monday 3:00pm Baghdad time vote on the 2024 financial plan tables] is preceding business sectors opening in the US in New York. Will they vote? Will they make it happen? We will find out. [ Dinar Master Note: You can see Baghdad and New York time in the left segment of this page.]
According to Iraqi Dinar Intel Guru yada :
The restored dinar will be worth more than most other currencies since it will have more assets than debt. It will be on par with Dubai to some extent. It’s amazing to believe that the dinar will be worth four times as much as the dollar.