Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (10-09-2023)

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

According to Iraqi Dinar Newshound Guru Pimpy :

Article quote: The implementation of new measures to prevent the smuggling of dollars into Iraq has resulted in the direct devaluation of the Iraqi dinar. This has caused a decrease in the value of the currency, which is not desirable. Therefore, it is important for Iraq to quickly shift towards using its own currency, un-peg it from the US dollar, and engage in foreign trade while complying with the requirements of the World Trade Organization. I strongly believe that those of us who hold Iraqi dinars will be pleasantly surprised within the next two to three years.

According to Intel Guru MarkZ :

[via PDK] It has been reported that the Prime Minister of Iraq is scheduled to have a meeting with President Putin tomorrow. According to MarkZ, the outcome of the meeting is uncertain, and it is unclear whether anything significant will come out of it. It’s worth noting that Lukoil, one of Russia’s biggest oil companies, has considerable investments in the oil-rich northern region of Iraq.

According to Iraqi Dinar Newshound/Intel Guru Walkingstick :

Regarding the question of whether there is any difference between using private banks that represent the CBI or using an American bank, the answer is that there is no difference whatsoever.

According to Intel Guru Frank26 :

“That’s correct. We have reached a point in our journey where the rate could be changed at any moment.”

According to Iraqi Dinar Intel Guru MarkZ :

After the Hamas attack on Israel, global oil prices have soared. This surge in oil prices comes right after a recent slump. The increase in oil prices could potentially make it easier for Iraq to revalue their oil, given the higher prices.

According to Newshound Guru Sandy Ingram :

Bankers hold the money while politicians spend it, creating a power struggle that hinders the Iraqi dinar from reaching its potential value. All parties need to come together and work in harmony for the currency to increase in value, whether through revaluation or other means. Ignoring other countries and conflicts only serves to disrupt the financial system. It is important for Iraq to establish positive relationships with all nations, including Israel, in order to move forward and achieve economic prosperity.

According to Iraqi Dinar Intel Guru yada :

I believe that the release of the rate was delayed to observe if other Middle Eastern countries would get involved with the Hamas issue, and if any further consequences would arise. I also think that Israel will be the only country to handle the matter, and that it is unrelated to the reissue of the rate in Iraq. The conditions are still in place for the release to happen at any moment.

According to Newshound Guru Pimpy :

The article titled “Putin: Sudanese visit to Moscow will be fruitful and come at the right time” suggests that the visit is likely to be successful. However, some people speculate that the Biden Administration’s recent crackdown on Iraq with US dollars may be related to this.

According to Iraqi Dinar Guru Nader From The Mid East :

When the Iraqi government requested a billion dollars from the US to pay their bills, the US refused. This is an act of bullying by the US government.

According to Intel Guru MarkZ :

According to an article titled “Iraq Central Bank Warns Iraqi Banks Refusing USD Withdrawals,” Iraq is frustrated with the US government. However, my sources in Iraq believe that the country is still on track for a rapid financial improvement. They do not think that the recent conflict between Israel and Hamas will significantly slow down the RV (revaluation). Let’s hope they are right.

According to Iraqi Dinar Newshound Guru Militia Man :

According to reports, the US government has issued warnings to the government of Al-Sudani eight times regarding the smuggling of US dollars out of the country to Iran, Syria, and Lebanon. It has been stated that local and private banks do not have access to the dollar. Recently, there was a request for a specific amount of cash, but it was denied by the Federal Reserve Bank. The root of the problem lies in the black market, which has been causing difficulties for the country. It is believed that the US Federal Reserve Bank, US Treasury, Central Bank of Iraq, and Al-Sudani have had enough of this issue and are making attempts to resolve it. The hope is that if this is handled properly, the black market will eventually disappear.

According to Newshound Guru Clare :

Article: The million-dollar payment will be made in 6,000 weekly installments. The crisis involving the dollar has started. Depositors in Baghdad banks have received notifications that their account balance is zero as of today. The manager of the bank branch at the mall announced to customers at 11:00 a.m. that the bank has run out of dollars. Additionally, he added that the Central Bank has not sent any reinforcements.

According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :

According to my CBI contact in Iraq, I learned the actual reason behind the GOI’s decision of not distributing full funding for all the projects listed in the budget under the Prime Minister al-Sudani’s leadership. There were multiple reasons for this, including the need to first tackle corruption in the provinces, holding back reserves as long as possible that are required for any reinstatement process, and ensuring the global rating for the dinar.