Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (07-10-2024)

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

According to Iraqi Dinar Newshound Guru Pimpy :

The IMF cannot compel nations to use a particular exchange rate. They can participate. They can converse with a province about their swapping scale however every nation is sovereign. They’re on their own. A nation cannot be coerced into using a particular exchange rate by any organization, including the World Bank, IMF, or WTO…

According to Guru Nader From The Mid East :

Many things are taking place…This week, I anticipate some excellent news, so stay tuned.What’s going on right now is positive. We are quite close, I think.

According to Iraqi Dinar Newshound Guru Sandy Ingram :

The Wait for IQD: Why Is It Taking So Long? The Iraqi dinar’s appreciation has been delayed due to a number of factors, including the Pandemic, ISIS, and the 2003 invasion. Iraq’s economy suffered during the eight-year Iran-Iraq war and has continued to do so ever since.

According to Intel Guru Frank26 :

Sudani made it very evident to the people of Iraq that he would be increasing the worth of their money this year. We are discussing the year 2024 here.Their fiscal calendar is followed.The calendar for Iraq is January 1–December 31.

According to Iraqi Dinar Newshound Guru Militia Man :

It’s likely that within a short period of time, Iraq will modify their exchange rate so that it satisfies the requirements of Article VIII of the IMF and can be traded freely on Forex…

According to Intel Guru Frank26 :

The financial reform, in my opinion, is under Sudani’s control. I believe he is secure and stable, and I believe the world knows it. I believe that the CBI and the GOI are working together with all three agencies to launch the new exchange rate. I believe that the rate will either float at a fixed rate or it will float at a low rate and take some time to grow and be capped. You can be sure that it won’t float much if it is fixed at an RI rate because the gap between $3.22 and where they want to cap it is not very big and demand will allow the gap to close quickly. You think I’ll wait for a float if it comes out at $3.22? No.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] Iraq has repaid a large portion of its debt. Additionally, according to friends in finance, Iraq has been quite transparent about their plans to issue the new rate in June. They now intend to release it in July. We have a new rate and will activate it shortly, according to a government contact I have in Iraq.

According to Newshound Guru Clare :

The article: The return of Baghdad-Moscow flights has been scheduled by airlines.

According to Iraqi Dinar Newshound Guru Militia Man :

I believe that when they say, “Whose operations are constantly expanding in favor of dealing at the fixed official exchange rate,” they are making the case that rather than having a floating currency, they have been leaning toward a fixed official exchange rate for some time.

According to Newshound Guru Samson :

Article: “The banking system does not hold 91% of the currency in Iraq.” Translation: “Economist Munar Al-Obaidi announced that the money supply rose to more than 102 trillion dinars until last June.”

According to Iraqi Dinar Intel Guru Frank26 :

The IQD will be capped once the float brings it to the real effective exchange rate. IMO 1.32 is still insufficient. Why? thus, in my opinion, the parallel market has died. $0.76 is insufficient.

According to Newshound Guru Sandy Ingram :

The dollar has acquired more than the dong 4.31% starting from the start of 2024.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK] Vietnam aims for a 6.5%–7% GDP growth in Q3 and inflation below 4%. “And this is just the third quarter,” the PM remarks. It’s serious—they are destroying the United States.and they face pressure to increase the value of their currency.