These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Intel Guru Frank26 :
Do you have any idea about the expected rate? Honestly, I am not interested in the rate. What matters to me is that they declare themselves free from sanctions and their currency is unrestricted within the next 72 hours, making it international. Once it’s on the Forex market, we should keep an eye on how it performs and at what pace it grows. I don’t think we need to wait 6 months to a year for it to achieve the potential of the Middle Eastern currency exchange rates of 3 to 1. It might happen overnight and surprise us all.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
There are individuals who hold the belief that it is unrealistic to anticipate that the IQD will appreciate to $1 or $2. However, those who are not involved in the IQD investment fail to comprehend one crucial fact – even if the IQD value only rises to $0.20 to 1 Iraqi dinar in the initial phase, a significant number of investors can still make a profit of $200,000 or above [calculated as $0.20 multiplied by 1,000,000]. At this point, individuals who previously spoke negatively about IQD investors may begin to inquire about where they can buy the currency.
According to Newshound Guru Breitling :
They [Iraqis] are selling more oil than they at any point have at a higher rate.
According to Iraqi Dinar Newshound Guru Kaperoni :
Many countries have weak currencies, and Iraq’s currency will remain weak until its economy is diversified.
According to Intel Guru Bruce :
[via WiserNow] According to our sources, the new rate will be released on Sunday, although it may not be published in the Gazette until Saturday. Regardless, this release is significant as the country is asserting its independence and sovereignty. We have also heard from our contacts at the redemption center that we may not receive notification over the weekend, but there is a possibility that we will be notified on Monday. At this time, we believe that the release is imminent, and we are hopeful that everything will proceed smoothly.
According to Iraqi Dinar Intel Guru Angel1 :
On Sunday, Alaq made an official announcement about some significant changes in the external transfer mechanism. The announcement mentioned that this decision was made after an agreement between the Central Bank of Iraq (CBI) and the US Federal Bank. According to the announcement, starting from January 1 next year, the auctions of the Central Bank of Iraq will be organized differently and will be aligned with the practices of other international central banks. This means that there will be a massive overhaul of the current system, and the new changes will come into effect from the first day of the new year.
According to Intel Guru Frank26 :
It all boils down to security and stability for a successful monetary reform.
According to Iraqi Dinar Newshound Guru Militia Man :
We are witnessing the de-dollarization of our country. If authorities are announcing that all transactions should be made with local currency, it means that the use of the US dollar is being phased out. Once they fix the issue, the black market will no longer be relevant.
According to Intel Guru Bruce :
[via WiserNow] We can discuss rates, but I have been requested not to disclose them. However, I can provide an estimate or approximation. Banks have screened both dinar and Dong currencies, and both are in double digits. Dinar was slightly higher, but both are exceptional.
According to Iraqi Dinar Newshound Guru Pimpy :
It is hoped that Iraq will start to move away from the US dollar as their currency, which will help to strengthen their economy. The outlook for Iraq is positive, and there is hope that change will begin soon. The Middle East is also expected to experience a significant growth in prosperity, with Iraq being a key player in this development.
According to Intel Guru Goldilocks :
The Iraqi Council of Ministers has taken a significant step towards strengthening its local currency, the Iraqi dinar. All local contracts must now be denominated in Iraqi dinars, according to the Council’s mandate. This is a significant shift from the previous practice of executing contracts in US dollars.
According to Iraqi Dinar Newshound Guru Guru Clare :
The Iraqi Council of Ministers has taken a significant step towards strengthening its local currency, the Iraqi dinar. All local contracts must now be denominated in Iraqi dinars, according to the Council’s mandate. This is a significant shift from the previous practice of executing contracts in US dollars.
According to Intel Guru Frank26 :
The Central Security Custody system, also known as CSC, will be implemented within the next 72 hours, specifically between the 28th and 1st. This was mandated by the BIS to ensure that Iraq is prepared for international transfers. It is expected that the auctions will undergo changes on the 28th as a result. This is a crucial step in the ongoing monetary reform process, which involves multiple important steps.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Question: Will there be a limit on the exchange rate for dinar?
Mnt Goat Answer: Yes, the IMF will initially place the dinar on a managed float. However, the cap limit has changed since I was last informed. Initially, I was told around $9, but it is likely to be higher now. Dr Shabibi mentioned in 2011 that the dinar could sustain a rate of $16 back then. The country has since increased oil production by 2/3, has agriculture exports, and 132 tons of gold. They are now significantly wealthier. Currently, the back screens at the bank show a constant rate of about USD $3.80 – $4.25.
