These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Newshound Guru Pimpy :
Some people think that having a humanitarian project is necessary for exchanging currency. However, this is not entirely true. Although having a humanitarian project is a great thing, it is not mandatory for currency exchange. There seems to be a misunderstanding about what I am saying. I am not against humanitarian projects, I am only clarifying that they are not a requirement for currency exchange.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
It is uncertain when the Iraqi dinar IQD will increase in value against the US dollar. However, among the low-value currencies such as Vietnam dong, Indonesia IDR, Filipino PHP, Egyptian EGP, Turkish TRY, Zimbabwe, Iraq has the most abundant natural resources and the greatest potential for global financial growth.
According to Intel Guru Frank26 :
“I believe that Iraq will surpass the UAE in economic growth. In fact, I think Iraq will outpace all Middle Eastern currencies because they have the advantage of having all Middle Eastern currencies inside their country. Iraq is the only country that can make this claim.”
According to Iraqi Dinar Newshound Guru Militia Man :
The Mineral Petrochemical and Fertilizer Investment Conference was held in May 2023 and the focus of the conference was on natural resources like oil, gas, and minerals. The discussions also covered fertilizers, refined sulfur, and other related topics. The conference shed light on the potential sources of funding that could support these industries, and how they could contribute towards establishing an international exchange rate. It seems like the ideas discussed at the conference are finally taking shape and we can see that they are coming to fruition.
According to Newshound Guru Pimpy :
People are picking up dollars on the black market because they can get more Iraqi dinars than they would get at the official exchange rate at the Central Bank of Iraq. If you are trying to make ends meet and you happen to get your hands on dollars because you have relatives in the United States making good money and they are sending some money back to you, you would want your dinars to stretch, which means you will get more dinars for your dollar. Iraq needs to increase its exchange rate so that the desire to want to get rid of dinars decreases and people start using dinars more often without needing a dollar.
According to Iraqi Dinar Newshound Guru Kaperoni :
It is believed that the dinar of Iraq cannot appreciate in value until the country diversifies and experiences substantial economic growth. The present conditions in Iraq are expected to keep the dinar weak until new laws are passed. However, we have a window of opportunity for the next three years to bring in positive changes.
According to Intel Guru MarkZ :
It seems like things are starting to heat up as there are many rumors circulating, according to PDK.
According to Iraqi Dinar Nader From The Mid East :
The concept of purchasing power can be illustrated by the example of buying goods worth $100 in the U.S. and the same goods costing $200 in Iraq. If the dinar exchange rate becomes 1 to 1, then buying goods worth $100 in America would cost the same amount in Iraq as well.
According to Newshound Guru Pimpy :
It is highly likely that the value of the Iraqi currency will increase in the future. The country is currently facing economic sanctions, but once these are lifted and the government is able to improve its economic situation, the currency’s value will likely improve too. If the sanctions are lifted, it remains to be seen whether the currency will appreciate gradually or return to its previous exchange rate of $3.22. However, the latter is a possibility that cannot be ruled out.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
An article titled “Parliamentary Finance: We Renew Our Support for the Central Bank’s Measures to Control the Exchange Rate” features a quote from Al-Atwani who denied the circulating news about the supposed plan to dismiss the governor of the Central Bank. It is a relief to know that the rumors were untrue. The governor is an intelligent and patriotic individual who shares the same desire for the revaluation of the currency as the people.
