Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (10-27-2023)

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

According to Intel Guru Frank26 :

It is important to note that there is no single “800#” that can be used to contact all banks in the US. In fact, the idea of such a number is impractical and unrealistic. However, there is one 800# that you can use to your advantage – the one for the US Treasury. When you are ready to exchange your Iraqi dinar, simply call the US Treasury and ask for a list of all the banks in the United States that are currently exchanging it. This will allow you to easily find a bank that can help you complete the exchange.

According to Iraqi Dinar Newshound Guru Kaperoni :

A community member made an interesting comparison between the economies of Iraq and Jordan. Although their statistics are quite similar, Iraq seems to have the upper hand with lower unemployment rates, higher average income, and over 4 times higher GDP. However, the value of the Jordanian Dinar is 1.41 to 1 USD, while the Iraqi Dinar is only worth 1/6th of a penny to 1 USD. It’s important to note that Iraq’s money supply is over 90 trillion, which is significantly higher than Jordan’s 18 billion. This makes a big difference in their economies.

According to Intel Guru MarkZ :

According to sources, lower denoms have been seen in Iraq and an announcement is expected within the next few days. However, every time someone tries to upload a video showcasing the lower denoms, it gets removed. The rumor mill surrounding this topic has gone into overdrive in Iraq. The country has set a deadline of January 1st to fully de-dollarize, which means that they will need to act fast to achieve their goal.

According to Iraqi Dinar Newshound Guru Desert Advisor :

It’s interesting to note that while Kuwait’s currency is valued at $3.24 and Jordan’s is valued at $1.41, the U.S. dollar doesn’t hold as much value. In comparison, the Iraqi dinar is valued at $0.0007, which doesn’t seem very attractive at all. Prior to the Gulf War in 1991, the exchange rate was pretty stable and the dinar was actually worth over $3. We can see that Kuwait, which is right next door, has a much stronger currency. It’s worth noting that Iraq has a lot of oil, which is a valuable resource. This fact has been known for some time.

According to Intel Guru RayRen98 :

Lower denominations were placed in ATMs at ports and airports today. We were told that the Dinar announcement is imminent.

According to Iraqi Dinar Intel Guru Frank26 :

The article titled “Al-Alaq: Stabilizing the exchange rate is a major process that requires changes to the commercial system and external transfer in Iraq” is a great resource to counter anyone who thinks that monetary reform in Iraq is just a scam. Instead of punching them (which is definitely not the right thing to do), you can show them this article and educate them about the ongoing monetary reform in Iraq. The article explains how stabilizing the exchange rate is a major process that requires changes to the commercial system and external transfer in Iraq. It’s a positive sign that such information is being shared with the citizens on a large scale.

According to Newshound Guru Pimpy :

In my opinion, if the situation keeps getting worse, they might have no other choice but to repeat what they did before. Before the Iraqi dinar was devalued, you could get 1,190 dinars for every dollar. After devaluation, the exchange rate dropped to 1,450 dinars for every dollar, but then it was increased to 1,300 dinars for every dollar. If they decide to take action again, is it possible that they will return us to the original exchange rate of 1,190 dinars for every dollar? It appears that this outcome is almost inevitable at this point. [Post 2 of 2]

According to Iraqi Dinar Newshound Guru Pimpy :

There is a high possibility of a reevaluation of the Iraqi dinar taking place soon. According to an article, the dollar is currently being traded at 162,000 dinars in the markets, which is a significant increase from the fixed rate of 1,320 dinars per dollar. This situation is causing inflation and affecting the economy, and Iraq needs to take action to prevent it from getting worse. In the past, when there was a similar gap between the fixed rate and the black market rate, Iraq was forced to increase the value of the dinar. Therefore, it is likely that a reevaluation of the dinar will take place soon.[Post 1 of 2….stay tuned]

According to Intel Guru MarkZ :

According to my sources in Iraq, it is hoped that the event will take place this weekend. They were informed that everything was expected to be concluded by November 1st, and that is what they relayed to me. However, it should be noted that the exact timing is uncertain and we are all relying on the information we receive for speculation.

According to Iraqi Dinar Newshound Guru Militia Man :

If you have been paying close attention, you would have noticed that the law is no longer just about oil and gas. It now includes natural resources as well. The government is planning to add more to the law to ensure that citizens of the country can benefit from it, along with the politicians. This will ultimately lead to benefits for everyone in the country.

According to Intel Guru Frank26 :

Report on the situation in Iraq: FIREFLY and Sudani are in a conversation, and Sudani informs the Iraqi citizens that the situation is now stable. FRANK explains that the progress is significant, as they have completed all the necessary steps to achieve their goal. FIREFLY shares that the stabilization process will be completed by January 1st, 2024, and that they are working towards stabilizing the exchange rate.

According to Iraqi Dinar Intel Guru RayRen98 :

[Via Babysmom] Forex traders are anticipating rate changes on Friday or Saturday. Only time will tell.