These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Jeff :
Question: “What is your assessment of how Zaidi will present to parliament the justification for the government’s decision to modify the exchange rate?” Jeff: The objective is to generate confusion and obfuscate the situation, leaving both investors and Iraqi citizens uninformed about what is actually occurring. They aim to present this in an unfavorable light. The strategy involves creating a false impression that the rate will remain unchanged. From an investor’s perspective, this is the core issue. They prefer to keep investors unaware of the impending rate adjustment. They do not want the perception that Iraq is moving toward international integration. Additionally, the initiative serves to establish a dinar shortage, facilitating the collection and removal of three-zero banknotes from circulation within Iraq.
According to Newshound/Intel Guru Mnt Goat :
The adjustment to 150,000 dinar per 100 dollars will not address the parallel market dynamics. The parallel market will simply adjust proportionally in response. There exists only one definitive solution to resolve the parallel market issue: its complete elimination through regulatory enforcement. This objective can be achieved exclusively through a currency revaluation involving a diversified basket of currencies, moving away from the current single-dollar peg. However, such a revaluation cannot proceed until foreign exchange operations are reinstated. Why has this action not been implemented? The answer involves two critical prerequisites: first, the removal of currency denominations, and second, the revaluation itself would trigger a substantial appreciation of the dinar.
According to Intel Guru Bruce :
[via WiserNow] …I believe we should anticipate updated foreign exchange rates, and we need to assess what developments will unfold for us on Sunday, with the possibility that this materializes earlier in the week…potentially by Monday or Tuesday…remain patient…and…prepare for the upcoming announcements.
