These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Newshound Guru Clare :
The article: “Kurdistan 24 exclusively reveals the sanctioned International Development Bank holds 2.6 trillion dinars in total deposits, with 1.5 trillion belonging to citizens and traders, as mass withdrawals are expected…” : “…As a result of the sanctions, all of the bank’s assets and funds abroad are frozen and placed under American control…”
According to Intel Guru Reset Intelligence :
For those who are unfamiliar, on October 7, Iraq reduced its official rate to 1,520, which we interpret as the first of three steps.Next, remove the zeros from the notes. Next, increase the value. Until the two-dollar prices equal one, neither is effective. Since then, we have used a single test to gage it: does the roadway collapse to the bank? Baghdad has now specified [1,550] where it wants the street to end.
According to Newshound Guru Sandy Ingram :
 I always knew there were licensed IQD money brokers in the United States but I didn’t want to rely on them and I don’t want you to either...because when the IQD rate changes for the better, we are not sure if these brokers will have access. Two, we are not sure they will have immediate access to the newly printed currency if and when Iraq removes the zeros. We know the fees will be enormous. Tax deductible yes, but enormous.
According to Intel Guru Frank26 :
Inquiry: “What is your anticipated timeline for the exchange?” The projected duration is approximately two years. You will have sufficient opportunity to monitor its progression as it approaches the Real Effective Exchange Rate. [dinaropinions.com: Consult your financial and asset protection advisors to determine the best time to exchange for your unique circumstances.]
According to Newshound Guru Militia Man :
I did not anticipate this development, yet it has materialized today. The due diligence process has concluded successfully, with seven Iraqi banks meeting all established standards. A structured three-phase framework has been established, progressing from non-dollar transfers to dollar transfers, followed by account establishment at Citibank and JP Morgan. Rasheed and Rafidane continue to serve as the stable foundation of the surrounding infrastructure. Transit operations are proceeding in accordance with international standards. The formalization process is underway. Were you aware of this situation in 2020? No. This represents a legitimate initiative, not a superficial demonstration. This is not fraudulent activity.
According to Newshound Guru Stephen :
My strategy for the initial 24 hours following an Iraqi dinar revaluation involves a cautious, phased approach. Rather than presenting my entire dinar holdings to my bank simultaneously, I plan to begin with a modest quantity—approximately four 25,000-note bundles, totaling 100,000 Iraqi dinar. Depending on the revaluation rate, this could translate to $100,000 at a 1:1 exchange, or substantially more at a $3 revaluation. Given that most financial institutions will encounter this scenario for the first time, I recognize the importance of proceeding carefully. Submitting my complete dinar collection without first assessing the bank’s competency could expose me to significant risk, particularly given the substantial sums involved. Consequently, my initial transaction will involve only a small portion of my holdings. This preliminary exchange will allow me to evaluate the bank’s operational procedures, verify their processing accuracy, and build confidence in their capability to manage the transaction properly. Only after confirming their proficiency will I return with my remaining dinar inventory.
According to Newshound Guru Jeff :
Here’s the order…Cabinet had to come first, which brought about the rate change; after the rate had changed, bringing forward the right currency value, they could redraft the budget and present it to parliament for approval…We’re at the point where the rate needs to alter.
According to Intel Guru Reset Intelligence :
This month is full with reasons to be excited. October has already provided us more to work with than any other month this year, and it’s still not finished…I feel more positive than I have in a long time.
According to Newshound Guru Clare :
Report: “The US Treasury lifts restrictions on a number of Iraqi exchange companies – Breaking News” According to a statement, “the US Treasury Department has lifted restrictions on a number of Iraqi exchange companies, after verifying that they meet the compliance standards approved by the Central Bank of Iraq, which allows them to return to participating in dollar sales to travelers.”
According to Intel Guru Bruce :
[via WiserNow] From our soldiers on the ground in Iraq, they have seated those four members, completing the government sitting. In addition, a new rate for the Iraqi dinar is being considered. Inserting that new rate into their budget for 2027, as well as putting that rate on the forex, which is the foreign exchange board for foreign currencies that are trading, and eventually that budget with the new rate would appear in print form in their official newspaper, the Gazette. Now the Gazette is printed on Saturdays and Wednesdays…
According to Intel/Newshound Guru MarkZ :
[via PDK]. Iraq has formed its cabinet with 11 new ministers…Then comes HCL and the budget. This is the major news today. Along with expectations of moving forward. My Iraqi connections are really positive. They believe this is their month. I hope they’re right.
According to Newshound/Intel Guru Mnt Goat :
THE CONNECTION OF THE 1520 RATE TO REMOVING THE ZEROS: … my contact in the CBI…indicated that a strategic initiative is currently underway. While the CBI’s decision to temporarily devalue the dinar may appear counterintuitive, it serves a specific purpose…She emphasized the parallel market dynamics and stressed that this situation must be addressed and stabilized before the zeros can be removed. She noted that removing the zeros typically precedes reinstatement shortly thereafter, and therefore these additional matters must be resolved in advance. Once the zeros are removed, the process becomes irreversible…