These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Intel Guru RayRen98 :
JUST GOT INFORMATION VIA A THREE-LETTER… BANKS WILL VIEW LIVE RATES IN THE MORNING IF NOTHING CHANGES. Time will tell.
According to Newshound Guru Sandy Ingram :
According to a reputable business journal called CEO World, Iraq’s GDP would rank fifth in the Arab world in 2024.By 2024, Iraq’s GDP will have grown to $265.9 billion.The news is fantastic for investors in IQD.
According to Iraqi Dinar Guest Guru SkyWalker :
A currency’s value and an exchange rate are distinct concepts that are determined in distinct ways. Value is not created by changing the exchange rate. The CBI and Iraqi government’s monetary policies create value. Now that the government has met the CBI’s requirements and created an economic environment that will support the dinar’s value and keep the economy humming, the inflationary zeros will be removed. Value must first be restored through policies, which will be represented by new notes of lower denominations. This means that the three-zero notes will be physically taken out of circulation and the lower notes will be issued without the extra zeros. Then and only then does the exchange rate reflect an increase in the Iraqi dinar’s value in relation to other currencies.
According to Intel Guru Frank26 :
Query: “If the rate is $3.22 and you go to the bank and exchange a 25,000 note in American dollars how much will that be?” 25,000 times $3.22 is a buddy. [Dinar Guru Note: To quickly determine how much USD is worth per dinar at various conceivable rates, use the Dinar Guru dinar rate calculator at the top of this page.]
According to Iraqi Dinar Newshound Guru Jeff :
The exchange rate is unaffected by deleting the zeros. Removing cash notes with several zeros on them is known as “deleting the zeros.”
According to Iraqi Dinar Intel Guru Frank26 :
The exchange rate will increase to the new amount as soon as these three zeros are removed. However, they didn’t want to be at the RI like that. It will float from a RI back to the RV, they will re-denominate it, and then it will strike an RV.
According to Newshound Guru Kaperoni :
Comment from the community: “Does this have a negative, positive or neutral effect on our investment?” Article titled “Mazhar Muhammad Salih: Our cash reserves are the highest and there are no fears of the dollar rising” This is a positive development.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] This morning, there is so much going on. There are these bits of hearsay that they have the rate – yet we can’t go to the bank yet. Therefore, treat them with caution…
According to Newshound Guru Clare :
The article: “Government advisor reveals Iraq’s gold reserves have risen to 150 tons… and the reason for its high price” Translation: “Gold is one of the most important safe investment havens in the world, which is resorted to by the investment portfolios of central banks and various investors”
According to Iraqi Dinar Newshound Guru Jeff :
There was a belief that the rate would shift prior to July 18th, the day the World Trade Organization joined.This was their third World Trade meeting after admission. A fourth meeting is scheduled for the first quarter of 25…A lot of people believed that Iraq will join as a full member on July 18. Nothing like that took place.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: According to TV, Iraqis are allegedly holding 90 trillion dinar at home, preventing them from entering the banking system. Make the dinar valuable, and we’ll bring them in, is what we say. FRANK: Why is the CBI seeking the return of the 3-zero notes? because the lower notes must be used in their stead. Why are the notes you’re getting lower? due to the fact that the currency rate is changing.
According to Iraqi Dinar Newshound Guru tishwash :
So, they’ve put out another Gazette, but nothing has changed about the budget plans…
