These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Pimpy :
Newspaper article: “Iraqi authorities close Green Zone gate amid Shiite protests over Nasrallah’s assassination” Things are really awful. Iraq has now had to close the green zone. It has been at least two or three years since we last heard of them shutting the green zone. That’s how long they’ve been open.
According to Newshound Guru Clare :
Newspaper article: “Al-Sudani postpones his visit to the United Kingdom due to regional and international developments”
According to Iraqi Dinar Intel Guru Frank26 :
[Commentary on the article by Guru Clare below] Regarding positive versus negative, IT REALLY DOESN’T MATTER WHAT THE ARTICLES SAY. Regardless of one’s stance on the issue—for or against it—it is crucial that they discuss the raising of the exchange rate since it is a real and crucial point of contention.
According to Newshound Guru Militia Man :
“Central Bank seeks to withdraw excess liquidity,” according to the article. What happens when the Iraqi central bank removes surplus liquidity by taking in dinar? increases the currency’s value through supply and demand. Lower the number of notes, and the value increases…That’s how things have always operated, and I believe they always will.
According to Iraqi Dinar Newshound Guru Harlequinc3 :
[Reply to Guru Clare’s post below on the article] This guy only has half the picture. The CBI won’t just remove 3 zeros without adjusting the nominal exchange rate and then adding purchasing power to the dinar — a rate change for us, we might call it an RV, though their goal is reinstatement. This guy is just referring to swapping out currency for Iraqis only. He is not taking into account what happens to the dinar on a global scale. To an Iraqi, the removal of three zeros is nothing more than taking the old dinar out of circulation and replacing it with smaller bills or digital payments. This individual is referring to a partial peg as a result. A pure float is what the CBI is talking about. He is only considering half of the procedure. Only Iraqis are eligible to read this article. Of course, IMO.
According to Newshound Guru Clare :
Article: “If the zeros were taken out of the Iraqi dinar, what would happen to it? Dr. Mahmoud Dagher’s Comment” Quote: “The buying power of the dinar will remain same if zeros are removed, according to economist Mahmoud Dagher.After the zeros are removed, it will be feasible to compress the notes into a smaller number of notes, without affecting their purchasing power, so that instead of carrying a bundle of 50,000 dinar notes. The sum of money being offered is equivalent to 105 trillion dinars. If the zeros are removed, the quantity will remain precisely the same at 105 billion dinars. Additionally, the exchange rate will shift from 1320 dinars to 132 dinars per dollar.
According to Iraqi Dinar Intel Guru Frank26 :
Almost every day today, they inform you [Iraqi civilians] that your currency will soon change. That’s quite thrilling. In the past five years, these are phrases we have only dreamed about. To see them practically every day is quite startling yet really joyful right now…With so much enthusiasm and information on the monetary reform being transmitted straight to you Iraqi residents from Sudan, this is growing wilder and crazier every day.
According to Newshound Guru Militia Man :
There have probably been five or six articles in the last week or so specifically discussing the Iraqi dinar’s removal of zeros. “…this is accomplished by reducing the nominal value of the currency by a predetermined number of zeros.” Rather than the value of the currency’s notes, but rather its value…
According to Iraqi Dinar Newshound Guru Pimpy :
The article: “Iraqi protesters are attempting to storm the US Embassy in Baghdad… How does that affect Iraqi dinar holders?” “Thousands of protesters trying to storm the US Embassy in Baghdad after Nasrallah killing” An unstable nation with protesters preparing to storm the US Embassy is the last thing you need.
According to Newshound Guru Kaperoni :
Remark from the Community: “There is a siege on the US Embassy in Iraq.” I’m old enough to recall the last instance in which a weak president led to the siege of a Middle Eastern embassy.I hope things work out better in the end.Offer your prayers for the US troops serving in Iraq. Bad.
According to Iraqi Dinar Intel Guru Bruce :
[via WiserNow] We have heard from sources in Iraq that they will be prepared to launch their minor denominations.I’m not sure whether they have any, but their new money is the 10’s, 20’s, 50’s, and 100’s. We have three zero notes from Iraq; are these the 25,000 or 25k notes? The three zero notes—the 10k, the 5k, and the 1k—have all been taken out of Iraq. This should be completed by this coming Friday, the 30th, the final day of the month.
