These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Stephen :
Last week, I spoke with a woman.She informed me that her bank would transfer foreign cash to another office rather than verifying it on-site. “You find out which branch they verify it at,” I said. I don’t care if you have to take a three-hour journey or rent a helicopter; all you need to do is go to that branch with your actual notes and ensure that no money leaves your site. You don’t take that chance when it comes to tens of thousands, hundreds of thousands, or millions of dollars.
According to Iraqi Dinar Intel Guru Reset Intelligence :
By the end of the second generation, 70% of family fortunes had been lost. To determine why, Williams and Preisser examined 3,500 households. Communication and trust breakdown: 60%. Heirs that no one had planned: 25%. No agreed-upon use of the funds: 10%. 5% of the papers and everything else have errors. Not a single failure was attributed to poor financial, tax, or legal advice. The one aspect of this that virtually never breaks is the focus of competition for the whole industry that will surround you when the money falls.
According to Iraqi Dinar Newshound Guru Militia Man :
By the end of the second generation, 70% of family fortunes had been lost. To determine why, Williams and Preisser examined 3,500 households. Communication and trust breakdown: 60%. Heirs that no one had planned: 25%. No agreed-upon use of the funds: 10%. 5% of the papers and everything else have errors. Not a single failure was attributed to poor financial, tax, or legal advice. The one aspect of this that virtually never breaks is the focus of competition for the whole industry that will surround you when the money falls.
According to Intel Guru Frank26 :
Iraq’s currency, monetary reform, banking policy framework, exchange rate, and even the actual cash lower notes—you know, RD (redenominating)—are all undergoing change. It is undergoing a metamorphosis and making use of every weapon at its disposal. They are currently making the shift to a digital world. They are becoming more digitalized.Iraq has no choice but to adopt a cashless society in order to catch up to the rest of the world.The antiquated financial system is over. No more exchange rates from the Stone Age. You’re going to join the big boys.
According to Iraqi Dinar Newshound Guru Militia Man :
It is not only an administrative convenience to give residents a short tight deadline, such as one month, to turn in the huge notes. It’s a purposeful pressure system. During that time, legitimate money has every incentive to enter. It’s quite clever. Owners of unreported or illegal dinar stocks must make a binary decision. Bring it in and respond to inquiries, or miss the deadline and be left with notes that can’t be used or redeemed.Those who remain outside are essentially holding a sack of paper that is no longer useful as money. We are discussing the interior of Iraq.
According to Newshound Guru Clare :
Article: “Apple Pay Coming Soon to Iraq as Digital Payments Expand” Quote “The planned introduction would bring an internationally recognized digital-payment platform into the nation’s rapidly changing electronic payments environment for Iraqi consumers.” Additionally, the breakthrough puts NBK-owned Credit Bank of Iraq at the forefront of a move toward payment systems that rely more on digital transactions and less on actual currency.”
According to Iraqi Dinar Newshound Guru Sandy Ingram :
The newly appointed Prime Minister of Iraq is taking swift action. Consequently, news from Iraq is also emerging rapidly… The Iraqi Prime Minister has inquired about the specific laws regarding his ability to [remove the zeros from the dinar] without parliamentary approval… If the zeros are to be eliminated, does this imply that the currency will be reprinted? What typically occurs in a standard plan to delete the zeros? …The currency’s value will remain unchanged. A 25,000 IQD note will convert to 25 IQD, while a 10,000 IQD note will become 10 IQD… Most nations that undergo currency redenomination experience a transitional phase. During this time, both old and new notes circulate simultaneously. Banks facilitate the exchange of old notes for new ones. Businesses display prices in both currencies. Eventually, the old notes are phased out and destroyed. This is the approach taken by… Turkey, Romania, and other countries that have implemented similar reforms. I will keep you informed on this matter. [Stay tuned to dinaropinions.com as other experts share their insights on what ‘Drop the Zeros’ means for your dinar.]
According to Newshound Guru Stephen :
There are moments when individuals view everything that is going on in Iraq thru the prism of a future reassessment. That isn’t true. But we are witnessing financial restructuring, banking restructuring, monetary reform, and economic change. Fingers crossed for that wonderful day when we can all convert our Iraqi dinar into US dollars, we are witnessing a lot of great things that are coming together.I have invested in the Iraqi dinar for 15 years, and I have not witnessed this much fluctuation. You will concur with me if you have been making this investment for a long time. This is the fastest Iraq has ever moved. The amount of corruption being eliminated is a major component of this.
According to Iraqi Dinar Newshound Guru Jeff :
This week, the United States delivered funds to Iraq. Iraq’s salaries are not paid by us. Their personal salaries are not paid in dollars. The US gave Iraq the $500 million in oil revenue. Travelers departing the country can exchange dinar for dollars in order to buy goods. Salaries were not the purpose of the $500 million. Dollars are not used to pay salaries.
According to Intel Guru Bruce :
[via WiserNow] …redemption centers may be directly attached to a bank or they may be an entirely other facility or site that isn’t related to a bank, but Wells Fargo is in charge of everyone in the United States and will have a representative there. A Treasury representative will be present, along with individuals who will use a De La Rue machine to count and verify your currency. Banks may occasionally use a different brand of machine, and they are purchasing new equipment and educating bank employes on how to perform these exchanges.
According to Iraqi Dinar Newshound Guru Ariel :
According to Majeed, Iraqi news stations reported yesterday that the country’s central bank had opened a file they had been reluctant to open for a long time, which involves altering exchange rates in order to address the financial crisis. The CBI is currently debating how to put it into practice.The rate needs to be adjusted due to the pay dilemma.The CBI was compelled to open the exchange rate file due to Iraq’s liquidity problems.
