These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Newshound Guru Pimpy :
It’s not entirely accurate to say that it will never happen, as there is a possibility that the exchange rate could increase. However, it’s unlikely to happen just because they pass the three-year budget or sign a hydro-carbon law. It’s also not impossible for them to join the World Trade Organization with their current exchange rate. It’s important to stay realistic and keep a watchful eye on Iraq’s progress. The increase in exchange rate will not occur overnight.
According to Iraqi Dinar Newshound Guru Militia Man :
Things are happening rapidly, one after another. Given the nature of these events, it’s hard to imagine anyone feeling discouraged at this time.
According to Intel Guru Frank26 :
[Iraq boots-on-the-ground report] Firefly reported that private banks and exchange companies are discussing reducing the exchange rate.
According to Iraqi Dinar Newshound Guru Samson :
The Ministry of Transport plans to launch non-stop flights to Australia, the United States, and Malaysia.
According to Newshound Guru Sandy Ingram :
It is worth noting that the country in question has no tax on foreign income, capital gains, inheritance, stock profits, wealth or gifts. However, there are concerns regarding corruption, particularly in relation to the former Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif. In 2017, he obtained citizenship in Dominica along with his wife and two children, and he did not renounce it upon his appointment as governor of the CBI. This was a clear violation of article 18 paragraph 4 of the Iraqi Constitution. Makhif held the position of governor of the Central Bank of Iraq from September 2020 until his removal by the current prime minister on January 23, 2023. There have been questions about corruption during his tenure. A legal complaint has been filed due to the loss and depletion of millions of dollars, which was allegedly caused by forged import documents.[Post 2 of 2]
According to Iraqi Dinar Newshound Guru Sandy Ingram :
The wealthy Iraqis, including the Kurdistan region’s leader, former governor of the Central Bank of Iraq, and other businessmen accused of corruption, have moved to the Caribbean. The Organized Crime and Corruption Report Project (OCCRP) is keeping a close watch on Iraq’s politicians as part of their effort to catch individuals involved in corruption. According to the project, these businessmen purchased citizenship of Dominica, a tiny Caribbean island, allowing them to travel globally without a visa. Dominica’s visa has incredible power, as its citizens can travel to 144 countries without a visa. [Post 1 of 2….stay tuned]
According to Newshound Guru Clare :
The Governor of the Central Bank has stated that Washington will provide Iraq with the necessary funds in the form of dollars. In addition, a meeting between the Iraqi Central Bank, the US Treasury, and the Federal Reserve will take place next month in Dubai. The purpose of the meeting is to reorganize trade on the right foundations and take radical steps to improve the current situation. The electronic platform is expected to be completed early next year, which will further enhance the trade system.
According to Iraqi Dinar Intel Guru MarkZ :
[Via PDK] My contacts at the Redemption Center are available this weekend. As of this morning, they haven’t been contacted yet.
According to Newshound Guru Militia Man :
The Ministry of Transport has announced its plan to open up direct air routes to various countries including Australia, America, and Malaysia. This move is expected to attract investors from different regions to invest in the country and establish their businesses. With an international airport at full capacity, there will be more opportunities for investors to access the country. Currently, the airport is not even international yet, but it is already operating at 100% capacity.
According to Iraqi Dinar Intel Guru MarkZ :
One of our members has shared an interesting story about a bank they have an account with. During a conversation with a bank manager, they asked about the changes in banks’ requirements for becoming a world’s currency exchange center and a gold-backed institution in light of Basel 3. The manager acknowledged being aware of the changes and mentioned having a portfolio on the member. She further expressed excitement about the member and hoped to keep them as a customer. However, she didn’t reveal any other information, indicating she may have already said too much. This story reflects a positive experience with the bank and confirms that other members have had similar encounters.
