These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Newshound Guru Pimpy :
We are only two months away from the end of the year. The question is, can Iraq endure this currency exchange rate for the remaining two months? If the market remains stable, we might be able to see it happen. However, in my opinion, they should consider adjusting the exchange rate slightly to alleviate the current situation.
According to Newshound Guru Militia Man :
Ever since the Ministerial Council of Economics became involved, which happened in November of last year, there has been a significant shift in dynamics. It’s not the same old story that people are used to hearing. Those who believe so should take the time to understand their investments and get involved because change is imminent.
According to Iraqi Dinar Intel Guru MarkZ :
I have received some interesting and exciting information via PDK that indicates progress is being made and we will see the results of it very soon. I am also being informed that things have already been accomplished in the Middle East and we are waiting for their implementation. When Kuwait went through a similar process, they managed to keep it hidden for about 10 days. I’m not sure if they can keep it under wraps that long in today’s world. However, I am consistently being told that notifications will be coming soon.
According to Intel Guru Frank26 :
The Iraqi Central Bank is working with the US Federal Reserve to increase its dollar transfers, as part of the monetary reform to combat corruption.
According to Iraqi Dinar Guru Nader From The Mid East :
I understand that you’re excited about the recent developments in the news. It’s great to see progress being made towards fighting corruption. It looks like things are really starting to happen, and that’s a positive thing. Let’s keep pushing forward in the fight against corruption.
According to Newshound Guru Clare :
The Iraqi Central Bank is seeking assistance from the US Federal Reserve to increase its dollar transfers. The Finance Committee is in constant contact with the Central Bank of Iraq and other concerned parties to address the issue of fluctuating dollar selling prices. They support all measures that can restore stability to the exchange rate and find alternatives and solutions that preserve the strength of the Iraqi dinar and cash reserves of hard currency.
According to Iraqi Dinar Newshound Guru Pimpy :
Starting next month, Kurdistan will begin using the Iraqi dinar for crossings and airport transactions. This is a significant step towards stabilizing the Iraqi currency. It’s a major move that will help strengthen the Iraqi dinar, which is great news for its supporters. Overall, this decision is awesome and will have a positive impact on the Iraqi economy.
According to Newshound/Intel Guru Mnt Goat :
According to my contact at the CBI, January 2024 is the target and the most opportune time to reinstate the dinar. During my last conversation with my contact, I was informed that they have been given the green light to begin re-educating the citizens about the newer, lower denominations and how the conversion back to the lower denominations as they had before 2004 will take place. I am still very hopeful for a January 2024 reinstatement.
According to Iraqi Dinar Newshound Guru Militia Man :
It has been reported that negotiations are underway between Iran and an important digital bank in the country, under the supervision of the Central Bank and in cooperation with Visa International, to create a new banking service called Visa Direct. The purpose of this service is to facilitate inter-trade between the two countries using new currencies other than the dollar. The hope is that this platform will lead to the collapse of black market prices. This is a significant development with international implications, as it aims to eliminate the black market and reduce corruption in the region.
According to Intel Guru Frank26 :
This is a report from Iraq with the latest updates. Firefly reported on television that the Iraqi parliament fully supports the CBI and its actions to control the exchange rate for the monetary reform. Frank believes that the reason behind parliament’s support is due to the fact that they have lost full control of corruption, and hence they are now promising to deliver everything that was earlier promised by Sudani and Alaq, including the new exchange rate, HCL, and budget.
According to Iraqi Dinar Newshound Guru Pimpy :
To be honest, despite pleas from Sadr to get involved, Iraq has managed to remain out of the nonsense happening there.
According to Intel Guru yada :
There are many events that cannot be hidden, such as the currency swaps with other countries, the activation of their banking system using dinars only starting from 11-1-23, the connection of banks, ports, and government offices with their central bank. All of these activations will take place before the rate change in the country and internationally.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] I heard that Iraq submitted an application to join the World Trade Organization on November 1st, 2023, and there will be a meeting over the next three days. According to MarkZ, Iraq has already been approved for ascension, but they still need to change their rate before they can officially join the organization. This is a widely held assumption, and these three days of meetings are crucial for Iraq’s progress towards joining the World Trade Organization.