Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (10-1-2023)

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

According to Iraqi Dinar Newshound Guru Militia Man :

If the oil and gas law is successfully passed, it will require an evaluation to determine a fair distribution of wealth among citizens.

According to Intel Guru MarkZ :

I received some information today from my Iraqi contacts via PDK. According to them, the WTO meetings that took place over the weekend went very well. They also mentioned that an announcement is expected to be made in the coming days. I received this information from multiple sources, both domestic and international.

According to Iraqi Dinar Intel Guru Frank26 :

Oil has recently released a statement about the draft oil and gas law. In my opinion, the moment the HCL is seen, shortly after that, we may witness a new exchange rate of the IQD.

According to Newshound Guru Kaperoni :

Despite the CBI’s efforts to reduce the spread of the market street rate in Iraq, it remains almost 18% higher than the official rate of 1,310 set by the CBI. This is not good!

According to Iraqi Dinar Newshound/Intel Guru Walkingstick :

According to a question posed, it appears that the United States Treasury may be seeking a new exchange rate for the Iraqi dinar. However, it is unclear whether the objective is to benefit Iraq or the US Federal reserves that hold a significant amount of Iraqi dinars. It is believed that the US Treasury was given the new exchange rate information during their meeting with the Iraqi officials last week, which has made them quite excited. It is also speculated that the Federal Reserve is pushing for the release of this information, as they have received what they wanted from the exchange rate agreement.

According to Intel Guru Bruce :

Based on the information we have, it seems that the Intel is running low. This could be seen as both a positive and negative sign. On the positive side, it indicates that everything is getting closer and that we are almost ready to proceed.

According to Iraqi Dinar Newshound Guru Samson :

The Ministry of Oil confirms that the government is still working on passing the oil and gas law.

According to Intel Guru MarkZ :

I haven’t received any updates from my sources in Iraq yet today. They were eagerly anticipating something on the first of the month. Personally, I think it will happen in January, but MarkZ believes it will happen much sooner due to the many events happening simultaneously.

According to Iraqi Dinar Newshound Guru Pimpy :

Al-Sudani is visiting the White House to discuss Iraq’s situation with Biden. I am interested to see if the Biden administration will offer any assistance to Iraq. One potential solution is to provide Iraq with US dollars, which would cause inflation and decrease the value of the dollar in comparison to the Iraqi dinar. Alternatively, they could increase the exchange rate between the two currencies. [Post 2 of 2]

According to Newshound Guru Pimpy :

As I monitor the financial markets and stay updated with the situation in Iraq, it appears that Iraq may have to take action regarding its exchange rate. The disparity between the parallel market and the fixed market is becoming increasingly unmanageable. Al-Sudani has already announced his intention to take measures to reduce this gap. [Post 1 of 2….stay tuned]

According to Iraqi Dinar Newshound Guru Militia Man :

The article quotes that the US Treasury has not imposed any sanctions on Iraq. This statement is repeated twice in different articles today. If this is accurate and the US Treasury has given the green light, it would mean that there are no restrictions holding us back.

According to Intel Guru Frank26 :

[Report from troops on the ground in Iraq] FEROGLY: Today’s news featured a caution from the CBI to avoid doing business with unauthorized businesses. FRANCES: Those enterprises will cease operations if you do not interact with unauthorized businesses.Additionally, penalties will force them out of business. There are no longer any issues with banks operating in Iraq that use US money. They’re going exterminated.

According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :

It is important to clarify that the IQD has not been reinstated on FOREX yet and is “NOT YET TRADING ON FOREX”. Although there is a benchmark rate for the IQD on FOREX, it is only a linked rate, linked back to the CBI, and serves as a page holder. While this is a positive development, it is crucial to note that the IQD rate is only there in preparation for the future and there is no trading ability to buy or sell yet.