Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (09-26-2023)

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

According to Iraqi Dinar Intel Guru Frank26 :

The World Trade Organization (WTO) is planning a meeting to officially announce Iraq’s entrance into the organization. It’s not necessary for the WTO to have an international exchange rate, so we won’t be discussing that. The announcement will be made on the 4th of next month.

According to Newshound Guru Pimpy :

I share your belief that the dinar will increase in value, albeit gradually. It’s understandable to want to see positive changes sooner rather than later. While it may not happen this year, there is a good chance of seeing increments in the coming year. Let’s hope for the best!

According to Iraqi Dinar Newshound/Intel Guru Walkingstick :

[Aki Iraqi bank friend update] A new bank in the United States is set to open on October 1st, which is expected to gain media coverage. More than 700 employees, both in the Middle East and in the US, have already opened bank accounts or set up electronic deposit accounts for their oil-related procedures, retirement, and salaries.

According to Intel Guru MarkZ :

[via PDK] A member made a comment expressing their belief that the rate change will happen soon due to rumors of the Governor of the CBI being removed. They feel that both Sudani and Alaq’s positions are at risk. MarkZ agrees and adds that Iraq’s ascension to the WTO on October 4th is another factor adding pressure to get this done quickly. The situation is becoming urgent and Iraq needs to act swiftly.

According to Iraqi Dinar Intel Guru Angel1 :

We have a list of things to take care of before going to the bank. There are only two things left on that list. First, we need to change the exchange rate. Second, we need to release the lower denominations, which will most likely happen simultaneously or shortly after the exchange rate is changed. I believe that the currency will be internationally exchangeable on Forex at that point. We will go to the bank then, and I expect that something special might happen very quickly.

According to Newshound Guru Pimpy :

It appears that progress is being made at a rapid pace. Removing the sanctions, reversing the authorization for military use, expediting the process of joining the World Trade Organization, building the development road, railway, and Port of Faw quickly, all contribute to a flourishing economy for the people of Iraq. However, it is important to keep in mind that achieving these goals will take time and effort.

According to Iraqi Dinar Intel Guru Frank26 :

[Iraq boots-on-the-ground report] FIREFLY: According to Sudani, Iraq has received full support and acceptance from the global financial world, including institutions like JPMorgan Chase and Wells Fargo. This is a positive development for Iraq as it will attract more investors.

According to Newshound Guru Militia Man :

Alaq highlighted that the new external transfer system and dollar sales offer risk protection to all parties involved in the transactions and have gained international recognition. This could be seen as a triumphant moment.

According to Iraqi Dinar Intel Guru MarkZ :

[via PDK]  Many of my sources believe that the big event will happen at the end of this week. As October 1st falls on a weekend, after that date, everything is expected to explode. It is well-known that Iraq needs a legitimate currency in order to become a full member of the World Trade Organization, and this is anticipated to happen in the first week of October.

According to Newshound Guru Sandy Ingram :

There is some major news coming out of Iraq. According to a recent article, starting next year, all internal trade in Iraq will be restricted to dinars. This move is aimed at controlling the black market exchange rate. The policy will no longer allow transactions to be conducted in U.S. dollars. This announcement was made following a meeting between the central bank governor and representatives of private banks. It’s worth noting that the US Federal Reserve has agreed to this change as well. These actions are seen as a positive step for building up the strength of the Iraqi dinar.

According to Iraqi Dinar Newshound Guru Pimpy :

Article: The Central Bank of Iraq has approved a new system for external transfers. It seems that the use of the Iraqi dinar is increasing, which is a positive development. As the Iraqi dinar strengthens, the exchange rate between it and the US dollar will also improve, giving it more value. This could lead to an increase in the exchange rate for the Iraqi dinar.

According to Newshound Guru butterfly :

Article: Iraq has recently passed a new law that allows foreign companies to own their oil output. Being a founding member of OPEC, Iraq has a large oil reserve of around 145 billion barrels of recoverable crude deposits. Through this law, Iraq aims to attract foreign investment and boost the development of its oil and gas industry, which could potentially transform its economic landscape for many years to come.

According to Iraqi Dinar Intel Guru MarkZ :

According to MarkZ, the oil for dinar program is still happening. This program is said to be the way to get more than the street rate.