These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Newshound Guru Militia Man :
We have heard that Iraq is planning to trade outside the dollar and use different currencies. This would put them on a level playing field. Iraq has been working through an international interconnectivity system – the ITC, The World Bank, the Bank of International Settlements, the central banks of the world, and the Federal Reserve Bank. It’s not a simple push-button process; it’s a complex process that requires careful consideration and planning.
According to Iraqi Dinar Newshound Guru Clare :
Al-Basri stated that they have apprehended 22 individuals accused of exchange rate speculation and corruption.
According to Intel Guru MarkZ :
According to reliable sources within the banking sector, there is some interesting chatter about instructions for “Foreign Currency Exchanges” that are expected to be issued soon. This is a highly anticipated event, and it has been confirmed by multiple banking sources. Although the exact date is unknown, banking personnel from mid-level and up are prepared and expecting to receive instructions at any moment. This news is a positive development and indicates progress towards the desired outcome.
According to Iraqi Dinar Newshound Guru Pimpy :
It’s all starting to make sense now, isn’t it? After all the talk of reforms, training, and new systems for the banks, we finally see the purpose. They are being prepared to regain their independence, and participate in international trade and business. This will have a significant impact on the Iraqi people and their economy, including their currency. We’ve been hearing about these changes for a while, but now it’s clear why they are so important.
According to Newshound Guru Walkingstick :
As a reminder, the process began with a Monetary Reform that resulted in a Revaluation which now leads to a Reinstatement, which will finally lead to an international float. When the float happens, the supply and demand of the Iraqi dinar will determine the exchange rate at which the Revaluation will be capped.
According to Iraqi Dinar Intel Guru Frank26 :
He smiled and said, “Well, I know quite a bit about it. It’s no secret in the banking world. The Iraqi dinar is about to reinstate.” He even gave me the rate, but I declined to hear it. James One then shared that the reinstatement had the potential to happen any day, but definitely before 2024. He added that everything was in order and there was a set date, though he didn’t disclose what it was. He emphasized that the news was not a secret and that it was about to happen. He was very confident about the rate and compared his level of certainty to that of a special ops officer. Frank expressed his trust in James One’s information and presented it as a rumor, but he didn’t doubt it. [Post 2 of 2]
According to Intel Guru Frank26 :
[Dinar Story] JAMES ONE: During a conversation, a well-dressed man approached us and mentioned his job, without revealing the name of his organization. Let’s assume that he worked for a major banking agency that is essential for the functioning of banks worldwide. He was a retired special ops member who currently works with a US agency that collaborates with banks worldwide. After some small talk, he asked if we had any knowledge about the Iraqi dinar. [Post 1 of 2….stay tuned]
According to Iraqi Dinar Newshound Guru Samson :
JP Morgan has lent $257 million to Iraq to help maintain its power facilities.
According to Intel Guru MarkZ :
[via PDK] I’m hearing they want everything completed and fully active by January, so it could happen any day.
According to Iraqi Dinar Guru Nader From The Mid East :
In an article quote, it was stated that the governor of the Central Bank, Al-Alaq, was unsuccessful in controlling the rise of the dollar exchange rate. However, it is important to note that Alaq is not responsible for the current situation. Although he is a hardworking and good person, it seems that this job may be too difficult for him to handle. It is possible that he may be relieved of his duties in the future, but this is not yet certain. He may also improve and do a better job in the future. In any case, there is no need to panic as the situation has nothing to do with Alaq’s capabilities.
According to Newshound Guru Militia Man :
There are indications that Iraq is looking to expand its economic activities internationally. An article quotes that the Central Bank is in discussions with the US Federal Reserve Bank to relax restrictions on Iraqi banks. They are also exploring ways to liberalize the Iraqi currency by opening outlets around the world for trading. This should be a wake-up call for everyone. It is apparent that the intention is to go global with the Iraqi dinar by liberalizing it.
According to Iraqi Dinar Intel Guru Frank26 :
The United States is in talks with Iraq to find ways to address the dollar crisis. JP Morgan has also stepped in to assist five Iraqi banks, which is expected to help put an end to the black market issue. Experts believe that this could also be the starting point for the float. Furthermore, an announcement on the new category notes is expected soon. It’s interesting to note that JP Morgan, who had previously labeled the dinar investment as a scam, is now fully supporting the dinar monetary reform. This is probably because the currency is expected to gain international traction with the Central Bank of Iraq’s plan to boost it.
According to Intel Guru yada :
Last week, the Prime Minister announced that banks are now able to exchange foreign currency in-country. Digital connections have been activated to collect tariffs and taxes from all border crossings since Monday last week. The stock market showed a 3000 point drop in dinars this past Sunday. In my opinion, the dollar to dinar value is adjusting to the actual reissued value of the dinar. About 10 days ago, 12 countries did currency swaps with Iraq. Countries coming into Iraq to do business are signing contracts that were previously agreed upon. One of the largest companies involved is TOTAL, along with the infrastructure contracts. All these developments require a new reissued rate. In my opinion, Iraq has gone as far as they can without changing the rate.
According to Iraqi Dinar Intel Guru MarkZ :
According to reports, Iraq is planning to neglect the use of the US dollar and is proposing to diversify foreign currency baskets. This move will allow Iraq to conduct business in the Middle East without the involvement of the US. The story is significant as it is all about de-dollarization. It has been confirmed that Iraq plans to be de-dollarized by January 1st. This means that their oil profits and other earnings will not go through the current US system anymore. In order to conduct business internationally, Iraq will need a fully functional international currency. This news is a strong indication that the revaluation (RV) of Iraq’s currency may have to happen sooner than later. The article provides valuable insights into the matter.
