Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (11-28-2023)

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

According to Intel Guru Frank26 :

Many websites that analyze the Iraqi dinar are currently in agreement with our views. We have reached a stage where the Venturi effect is in play. This means that everything is being squeezed into a narrow opening, creating a significant amount of positive pressure, which is a good sign.

According to Iraqi Dinar Newshound Guru Pimpy :

There are many self-proclaimed gurus who claim that the Iraqi dinar will become extremely valuable due to the amount of oil Iraq possesses. They argue that the country will be reinstated and that the exchange rate will rise dramatically. However, this is not true. Iraq has to overcome several obstacles before its currency can increase in value. It is important to remain grounded and not fall for such claims. Iraq heavily relies on oil to fund its government, so having a significant amount of oil does not guarantee a rise in the exchange rate. This fact has been repeated several times by many experts in the field.

According to Newshound Guru Militia Man :

The article titled “The Story of Faili Kurds with the Central Bank of Iraq” highlights the need for educating citizens in Iraq. The recent discussions have emphasized the importance of instilling confidence in citizens, which can be achieved by providing them with purchasing power. Once citizens have confidence in the economy, they will be more likely to trust the Central Bank of Iraq and its policies. Therefore, educating citizens and giving them purchasing power should be a top priority for the Iraqi government.

According to Iraqi Dinar Newshound Guru Samson :

Iraq plans to switch to using local currency for imports and ditch the dollar.

According to Newshound/Intel Guru Walkingstick :

A friend named Aki from an Iraqi bank has reported that lower note tests are currently underway in the north, possibly in Kurdistan. He said that these tests have been ongoing for about a week. We are searching for any rumors or information in the markets regarding this matter. We are specifically looking for six currencies, namely 1, 5, 10, 20, 50 and 100, all of which come in different colors such as yellow, green, blue, tan, orange, and light red. Additionally, coins will also be introduced as part of the currency.

According to Iraqi Dinar Intel Guru Frank26 :

There is going to be a meeting in Dubai between the CBI and the US Treasury. Your task is to figure out its purpose. The first meeting that took place in Washington was for discussing the American dollar, so naturally, it was held at the US Treasury. This upcoming meeting is crucial for the Iraqi dinar, which is why a location like Dubai is appropriate. There’s no better place for it. These are exciting times, and it’s amazing to witness what’s happening.

According to Newshound Guru Clare :

It has been reported that Iraq is making steady progress towards ending the ongoing dollar crisis in the country. According to sources, the government and the central bank are working together to resolve this issue and have made significant strides towards controlling the market and reducing exchange rates in the parallel market. It is believed that this progress will lead to the dinar recovering, and the dollar crisis will come to an end by the end of 2023.

According to Iraqi Dinar Newshound Guru Pimpy :

I’ve heard people speak negatively about the Iraqi dinar on several occasions. However, upon further investigation, I’ve found that many of the reasons given by so-called professionals for why the Iraqi dinar will never revalue are not based on facts, but rather on the fact that it has not revalued yet. I have never heard a professional provide a 100% reason for why a revaluation will never happen.

According to Newshound Guru Militia Man :

The article discusses how electronic payments can increase the value of the dinar. According to the quote, electronic payments will limit local cash payments and the use of currencies other than the dinar. This means that residents will have to use dinar instead of dollars, yen or any other currency for transactions within the country. This change can potentially strengthen the value of the dinar.

According to Iraqi Dinar Intel Guru Frank26 :

I have received a report from Iraq with boots on the ground. According to Firefly on TV, the Central Bank of Iraq (CBI) has made significant progress in reducing the use of the US dollar. As a result, the battle against the dollar is expected to come to an end soon. Frank agrees with this and believes that the repetition of the phrase “about to come to an end” in Iraq’s monetary reform theme indicates this. The end of the dollar’s dominance will lead to the growth of Iraq’s currency.

According to Intel Guru MarkZ :

According to a message via PDK, someone asked MarkZ about his thoughts on the current situation. MarkZ replied that his gut feeling is telling him that the event will happen by December 1st. He also mentioned that with the recent news from Iraq, it wouldn’t be surprising if it happened this week. However, he emphasized that nobody knows the exact timing.

According to Iraqi Dinar Newshound Guru tishwash :

According to an article, Iraq is expected to resolve its dollar crisis by the end of 2023. The article quotes that the new year will witness a significant decline in dollar prices and a rise in the value of the Iraqi dinar. This is due to the government’s decisions and directives to address all the causes of the dollar crisis. It is expected that economic and financial stability will be strongly present at the beginning of next year.