These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Intel Guru Frank26 :
A member of the community shared their belief that if the dinar was initially valued at one to one, it would lead to significant inflation due to the high quantity in circulation. They suggested that starting at a rate of 1000 to 1 on the forex market would be more reasonable. However, they also expressed their belief that the demand for the dinar would quickly drive up its value.
According to Newshound Guru Militia Man :
Many projects require a significant investment budget due to their high costs. However, delays may occur because there may be confidential details that are not yet ready to be disclosed or are on the cusp of being revealed. Additionally, an international currency exchange rate must be established, and the country in question must take the final step towards sovereignty.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] I have received some intriguing information from various sources, including confirmations from banks. It appears that several foreign currencies we have been discussing are now visible on bank screens following the weekend forex updates. This is excellent news, and even some bankers who had previously doubted me have reached out to acknowledge that I might be right about this. While we are not sure about the exact timing, there is a possibility that this could happen as soon as this week. We are still awaiting announcements from Iraq on the 3rd or 4th, most likely the 4th. Overall, I am feeling excited about this development.
According to Newshound Guru Jeff :
As of now, the budget has not yet been approved and therefore remains incomplete and unapproved. Although a vote was taken last June, the council of Ministers in Iraq made a draft amendment to the budget two Sundays ago, resulting in its current unapproved state. Parliament still needs to give their approval again. So, at present, the budget is not approved by parliament and is still incomplete.
According to Iraqi Dinar Newshound Guru Kaperoni :
The Central Bank announced that approximately 90% of the currency used for imports was transferred electronically at the official rate. This shows that the electronic platform implementation is successful.
According to Newshound Guru Pimpy :
Currently, there is no indication of any action taking place that would lead to a revaluation of the Iraqi dinar. Nothing at all. However, steps are being taken to increase the value of the Iraqi dinar. Despite this, there is no indication whatsoever of the revaluation of the Iraqi dinar.
According to Iraqi Dinar Intel Guru Angel1 :
A country does not claim its independence with a hope that one day it might become independent. In fact, it claims independence when it is already independent and no longer waiting for it. This goes for every aspect of a country’s functioning, including banking, economy, military, and geopolitics. There is no more waiting for independence; it has already arrived. The Dinar is about to become independent and travel the world freely like a bird. I cannot wait to celebrate this much-awaited event after such a long time.
According to Intel Guru MarkZ :
I received confirmation from one of my contractor sources that HCL funds are being disbursed and individuals are receiving payment. One individual was advised to retain as much as possible due to the anticipation of a value change in the near future. It is highly possible that this change could occur this week as all indications are pointing towards it. There are numerous discussions taking place and we are awaiting official announcements from Iraq on Wednesday regarding this matter.
According to Iraqi Dinar Intel Guru Frank26 :
To join the WTO, your currency should be free of sanctions, and your bank and currency should not have any restrictions. Additionally, it is not required to have a high exchange rate.
According to Newshound Guru Samson :
Article: The Finance Committee criticized the delay in budget implementation and promised to host the Ministers of Planning and Finance.
According to Iraqi Dinar Newshound Guru Militia Man :
The question of whether the country is sovereign has been answered affirmatively by the Prime Minister, Al-Sudani. The Gazette has published the budget for the years 2023, 2024, and 2025, which has been enforced. However, there has been no actual implementation or spending of the budget yet. As a result, there is mounting pressure to implement the budget as soon as possible.
According to Newshound Guru Jeff :
Community comment: Iraq is considered a sovereign country, but in reality, other countries hold power and control over them. This means they do not have complete independence and ownership of their own property. Currently, the House of Representatives in the United States must vote to remove the War Authorization off of Iraq, which would be a step towards true sovereignty and removing restrictions on Iraq.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] I recommend considering the possibility of taxes on this exchange, even though we are optimistic that there won’t be any. It’s always a good idea to consult with your tax professionals to be on the safe side.
