Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (11-7-2023)

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

According to Newshound Guru Militia Man :

“The government has achieved a lot in its first year.” I completely agree with this statement. The president has been actively working both domestically and internationally, attending important meetings such as the UN assembly meeting, visiting countries like Europe, Switzerland, China, and Russia. He has been very busy and productive in his first year as the leader of our country.

According to Iraqi Dinar Newshound Guru Pimpy :

I think that the value of the dinar will increase gradually as the currency gets stronger, particularly next year when Iraq starts using the dinar exclusively. This will lead to a strengthened dinar, however, there are several factors that could affect the increase in its value. If the sanctions were lifted, it would have a significant impact.

According to Intel Guru Frank26 :

This year’s IMO is a fact. There are only 57 days left in the year, and we believe our blessing will arrive within that time.

According to Iraqi Dinar Intel Guru MarkZ :

MarkZ doesn’t think the RV is waiting until January. Most of his sources believe things are moving at a wonderful pace this week due to the events happening now.

According to Guru Nader From The Mid East :

The pace of things is accelerating rapidly. We’re making significant progress. The economy is improving steadily, and I assure you it will continue to do so. The private sector is stable and becoming more robust. You’re almost at the finish line. As I always say, maintain your composure and stay focused.

According to Iraqi Dinar Newshound/Intel Guru Walkingstick :

[Update on Aki, a friend working in an Iraqi bank] Last week, Aki’s boss, who owns a bank in the southern part of Iraq where Aki works, instructed Aki to stay at the bank. This was due to an impending change to the exchange rate of the Iraqi dinar.

According to Intel Guru Frank26 :

Report from Iraq: According to Firefly, the parliament session is scheduled to end on the 9th of this month and there are no more sessions planned for this year, not even any emergency sessions. This means that the HCL law has once again not been passed, despite parliament assuring them that it would be voted on in this session. This news has left Firefly feeling disappointed. However, Frank suggests that they should not rely on parliament and instead look to Sudani and Barzani for the HCL. Frank is confident that once the new exchange rate is released, it will activate the HCL. Sudani has the power to call a session on his own if needed.

According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :

The Parliamentary Finance Committee reaffirmed their support for the Central Bank’s exchange rate control measures, indicating continued collaboration towards the goal of reinstating the currency on FOREX.

According to Newshound Guru Militia Man :

The article talks about the current situation in Erbil where the withdrawal of dollars via ATMs is being prohibited. According to a quote, the aim is to eliminate parallel markets and bring an end to dollarization, leading to an automatic increase in the value of the dinar. It is believed that once the parallel market disappears, an internationally acceptable exchange rate will be established.

According to Iraqi Dinar Newshound Guru Pimpy :

According to recent reports, the exchange rate of the US dollar in Baghdad has significantly increased to 168 dinars after intense speculation on the stock exchanges. In other words, the dollar has become more expensive in comparison to the local currency. The selling price has reached 1680 dinars for every dollar, which is quite alarming. It suggests that the authorities need to take corrective measures and revise the exchange rate to prevent further damage to the national economy. Ideally, they should consider bringing the exchange rate back to its original level of 1190 dinars to stabilize the situation.

According to Intel Guru Frank26 :

[Iraq boots-on-the-ground report] Firefly reported that the black market exchange rate for USD in Iraq has reached 1680 and it is continuously rising. Frank commented that this is happening due to the monetary reform process being implemented by the Sudani and Alaq governments.

According to Iraqi Dinar Intel Guru MarkZ :

It seems there isn’t much RV news, but the general agreement is that they made their best effort to initiate it on Friday and Saturday. In case that didn’t work out, their alternative plan was to launch it on Monday night or Tuesday. They are quite optimistic that it will be completed soon. The next 2 days carry a lot of expectations.