These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Intel Guru Frank26 :
No, in my opinion, it’s not the new small category notes that Iraq needs to move the reinstatement forward, but rather the exchange rate. Although it would be nice to have them both come out together.
According to Iraqi Dinar Intel Guru RayRen98 :
SOME CURRENCY REGULATORS ARE WORKING THE NIGHT SHIFT AGAIN TONIGHT, ANTICIPATING ACTIVITY. ONLY TIME WILL TELL.
According to Newshound Guru Militia Man :
During the U.N. assembly, Iraq was discussed as a country that could bring confidence to banks like JP Morgan and help fix the financial system of the world. Iraq is expected to play a significant role in this and I’m excited about it. I hope you are too.
According to Iraqi Dinar Newshound Guru Pimpy :
I believe that the exchange rate will increase gradually in increments. However, it is still possible for a sudden increase to occur overnight, and for you to wake up and discover that the exchange rate has been reinstated.
According to Newshound Guru Sandy Ingram :
It is important to understand that a currency’s value increasing against the US dollar does not guarantee its availability in the Forex market. Similarly, even if the Iraqi currency’s value increases, it does not necessarily mean that investors will have access to it.
According to Iraqi Dinar Newshound Guru Samson :
The Iraqi Central Bank is increasing its dollar transfers through the US Federal Reserve.
According to Intel Guru MarkZ :
[via PDK] Chatter continues to be great and we will see if anything happens over this weekend. We have a lot of group leaders that seem to think this is it.
According to Iraqi Dinar Intel Guru Frank26 :
A community member had a great experience while visiting a Chase branch in Philadelphia. They inquired about the possibility of exchanging foreign currency and were promptly introduced to a private banker who arranged an appointment for them and their spouse to speak with a wealth management expert. During the meeting, they were informed that the bank exchanges Dong and other currencies they hold. The banker was knowledgeable about IQD and advised them to call once the rate changes on OFX-FOREX, and they will have everything set up for them to exchange. The bank is located in Pennsylvania. Overall, it was a wonderful experience for them.
According to Newshound Guru Militia Man :
Things are happening on the banking front as per an article quote which states that the Visa Direct tool is being used to facilitate simple currency transfers for citizens. This tool is not limited to just one currency such as the dinar or the dollar, but can facilitate transfers in up to 160 different currencies. This means that Iraq is making its way into the international market and is now able to transact in a wide range of currencies. This is a significant step forward for the country.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
In recent news, there have been more efforts towards de-dollarization as the remaining border crossing stations are being converted to only accept “all dinars” for custom fees. On Tuesday, the Parliamentary Finance Committee voiced their continued support for the Central Bank’s measures to control the exchange rate and address any obstacles. It has been reported that the new government of Al-Sudani made promises in his administration’s curriculum to strengthen the dinar and make it more valuable than the dollar. However, despite the government’s claim that the dinar is already stronger than the dollar, investors are still waiting for this to be reflected in reality.
According to Newshound Guru Pimpy :
Things are still looking positive for Iraq. Despite escalating tensions in the Middle East, they have managed to remain uninvolved.
According to Iraqi Dinar Intel Guru MarkZ :
As per PDK, there is another development that is adding to the pressure of the ongoing “re-valuation”. The headline reads “Amid war on Gaza – Egypt see highest exchange rate on US dollar in black market”. This suggests that in the Middle East, the value of the dollar is on the rise. This could lead to regional issues and inflation. The lack of a proper reset mechanism is painting them in a corner. Rate changes are necessary to address the situation.
