These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Jeff :
Iraq will not achieve significant progress at the 1500 rate. The organization lacks the financial capacity and faces considerable difficulty obtaining budget approval through the program budget framework at this level. This outcome is unlikely to materialize. Officials indicated that the budget would be submitted to parliament for approval on 10/15, which will provide substantial insight into the situation. If the budget fails to reach parliament, it signals that 1500 is not a viable figure within the budgetary structure.
According to Intel Guru Reset Intelligence :
Did you experience a financial loss? In monetary terms, on paper, there was a modest decline. In terms of physical currency holdings, there was no change. You retain the identical quantity of notes that you possessed on [last] Tuesday. Using the former official exchange rate, 1 million IQD was valued at approximately $758. Under the current rate, it is valued at approximately $658. This represents roughly $100 less per million units. A single 25,000 dinar note depreciated from approximately $18.94 to approximately $16.45. To our knowledge, no IQD holder acquired the currency with the intention of exchanging it back at the official rate. The reason individuals maintain holdings is due to a substantially more significant potential change in value, and a 13% fluctuation in either direction does not determine whether that shift will materialize. [Post 2 of 2]
According to Intel Guru Reset Intelligence :
The official Iraqi dinar exchange rate shifted from 1,300 / 1,310 / 1,320 to 1,500 / 1,510 / 1,520 IQD per US dollar, commencing October 7, 2026…The dinar depreciated approximately 13% relative to its official dollar valuation. Conversely stated, acquiring one dollar now requires roughly 15% additional dinars. Does this constitute an RV? No. This represents a reduction in the domestic rate, moving in the opposite direction of a revaluation. Were the zeros removed? No. The announcement contains no reference to zeros, replacement currency notes, or any subsequent rate adjustment. The Central Bank possesses the authority to modify the rate at its discretion, and no central bank discloses its forthcoming actions. [Post 1 of 2….stay tuned]]
According to Newshound Guru Stephen :
The previous week represented one of the most hectic and eventful news cycles the dinar community has experienced. Having participated in this investment for 15 years, I can attest that this statement carries significant weight. We find ourselves in an exceptionally promising period. For those holding Iraqi dinar investments, maintaining considerable optimism appears entirely justified. Numerous positive developments are converging and unfolding precisely as many of us anticipated during these concluding phases as this investment reaches its culmination.
According to Intel Guru Guy :
Avoid referencing specific equipment manufacturers [when visiting a financial institution] such as particular brand names. Do not inquire with a bank about whether they operate machines from any particular manufacturer. Keep in mind that multiple major manufacturers produce standalone devices designed to count, verify, and validate currency. It is best to refrain from engaging in this line of discussion, as it falls outside your area of concern.
According to Newshound Guru Jeff :
The newly appointed prime minister is Trump Jr., who was selected by Trump. As a businessman and banker, he possesses comprehensive understanding of financial operations. The current situation represents merely a temporary initiative to accumulate dinar currency. The devaluation does not alarm or concern me. I interpret this as a strategically orchestrated and deliberately timed maneuver. Once the scheduled rate adjustment period approaches, they will implement measures to reverse this situation, satisfy all stakeholders, restore the exchange rate to its previous level, and conclude the matter.
According to Intel Guru Frank26 :
It represents a remarkable circumstance that financial institutions throughout the United States are receiving newly delivered De La Rue equipment. While the significance remains unclear, it is evident that Iraqi dinar was initially available [displayed on the currency selection interface].
According to Newshound Guru Clare :
The Central Bank discloses that government expenditures generate demand for foreign currency equivalent to 70% of total spending. The Central Bank of Iraq affirmed on Tuesday that its primary objective is to preserve the stability of the Iraqi dinar in relation to international currencies…
According to Intel Guru Reset Intelligence :
A parliamentary bloc in Iraq, with connections to Kataib Hezbollah—an armed group that has not yet surrendered its weapons to state control—has petitioned the Federal Supreme Court to overturn the reduction in the Iraqi dinar’s value. The government implemented this currency adjustment to maintain salary payments and eliminate the unofficial exchange rate market. The faction, which previously contested Baghdad’s authority over its weaponry, is now challenging the dinar devaluation to preserve its financial advantages. The court previously dismissed a comparable petition in 2022, and a similar outcome is anticipated in this case.
According to Newshound Guru Stephen :
New denominations with the zeros removed are planned. The majority of individuals are observing a depreciation and believe that the RV is not taking place. Iraq placed an order for 7.5 new banknotes in August of last year. Iraq is taking back control of its money.All of the dominoes appear to be falling just as intended.
According to Newshound Guru Samson :
: “THE PARLIAMENTARY FINANCE COMMITTEE : THE 2027 BUDGET WILL ARRIVE IN THE MIDDLE OF THIS MONTH”
According to Newshound Guru Jeff :
They are attempting to devalue it and close the parallel difference between the dollar and the dinar. The dollar becomes more appealing as a result. Exchange rate swings are therefore limited since individuals prefer the dollar over the dinar. This is what you’re seeing them do; everything is going in the proper way. They are on the verge of altering that pace.
According to Newshound Guru Ariel :
Three Points to Remember: 1. To compute revenues, expenses, and allocations, the budget must include a useable exchange rate. 2. The exchange rate that will be in effect during the 2027 fiscal year must be used if the budget is currently being written and is scheduled for submission by mid-October. 3. If Iraq intends to alter the [1510] rate before January 1, 2027, it cannot submit a budget using that rate; doing so would need a whole budget revision after the RV, collapsing the entire legislative timeframe.
According to Newshound/Intel Guru Mnt Goat :
The Iraqi fiscal year starts on January 1st, not October 1st.The next year’s budget must be completed by the end of October and approved by parliament by January 1st in order to be put to use. They have two months to talk about it and pass it.