These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Intel Guru Frank26 :
If you are wondering whether you need your receipt when exchanging Iraqi dinar, the answer is no. However, it’s important to keep your receipt in case you are ever audited by the tax authorities. Your receipt will help determine the tax bracket applicable to you. Please note that you should consult with your tax professionals to determine the right tax bracket for your unique situation.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Several bankers have reported seeing “Pending” instead of “On Hold” on their screens, which is what they have previously observed for multiple currencies. This is the first time that bankers are seeing such a message. Different rates, such as $4.50 or $4.60 on the dinar, are appearing on the screens depending on the bank. It is unclear whether this is a test or the real deal. We do not know if they are preparing or priming the system.
According to Newshound Guru Kaperoni :
It is important to note that an overnight RV in Iraq is highly unlikely due to the significant amount of money supply in circulation. There are currently close to 90 trillion dinars in circulation which makes it impossible for such an event to occur.
According to Iraqi Dinar Newshound Guru Samson :
The Central Bank has confirmed that the US Treasury restrictions are still being imposed on Iraqi banks.
According to Newshound Guru Pimpy :
As of 2020, we know that the company was almost bankrupt and they ended up devaluing their currency. After about a year, they increased it again, but not to the original value. Previously, we were able to get 1,190 dinars for every dollar, but now we’re only getting around 1,310 dinars. However, we actually want the value to go in the opposite direction. The less amount of dinars we get per dollar, the better it is for our investment. Eventually, we want it to cost us more dollars than dinars. In other words, we want to spend $2.00 for 1 dinar. That’s the direction we want to go in.
According to Iraqi Dinar Intel Guru MarkZ :
Yesterday, an article was published stating that the Central Bank Governor of Iraq announced that Washington is willing to provide Iraq with all the necessary funds in dollars. A meeting is scheduled for the 28th of November. According to the article, there are no restrictions on Iraqi funds abroad, which means that Iraq is now an “International” player. Exciting developments are happening in Iraq. There are rumors that a Dinar rate announcement could be made in the next few days. When asked about this, MarkZ confirmed that he has also heard the same news.
According to Intel Guru Frank26 :
There are reports of a start to the testing of new lower denominations and exchange rates. It is believed that the testing is beginning in the Kurdistan region. Once the citizens are shown the new lower note samples, the currency may be released in 24-28 hours. Additionally, a new exchange rate may be announced. However, there is no indication yet that this has begun as we are not seeing any changes on the streets, only preparations for the potential release.
According to Iraqi Dinar Guru Nader From The Mid East :
An article from Salah, an advisor to the prime minister, brought some good news. Salah claimed that the Iraqi dinar is going to become a dominant currency in the world soon, which is the result of the hard work being done. Many people are not aware of this development.
According to Newshound Guru Militia Man :
Most of the bilateral agreements and treaties between countries contain provisions related to the free movement of capital. This topic is covered under Article VIII and Article 14 of the IMF, which accepts the obligations and encourages the free movement of capital between countries. Therefore, it is important to be prepared because what we are witnessing is evidence of this happening in real time.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
It’s difficult to predict what 2024 will look like, but one thing is for sure – it won’t be business as usual in Iraq. There is a common misconception that Iraq needs to rebuild its economy first before the value of the dinar can increase from 1/6 of a penny. However, the country’s economy is already generating billions each month from oil revenues, so the value of the dinar should reflect this wealth. It’s important to note that the current rate of the dinar doesn’t reflect its currency value, despite the fact that there is more growth in Iraq beyond just oil. The dinar is being artificially suppressed, and this needs to be addressed.
According to Intel Guru Frank26 :
The CBI has a meeting scheduled with the United States Treasury to finalize the new exchange rate that they had discussed last month. The focus of the meeting is solely on accounting matters, and not on the political situation, laws being passed, or any military activities like troops or missiles from Iran. The purpose of this meeting is to work out the accounting mathematics of the new exchange rate with the US Treasury. Once they return, I believe that we will see the next phase, which will be the HCL and a movement of the exchange rate to 1000 to 1. Then, with just a flip of a switch, the exchange rate will become 1 to 1. This will enable Iraqi citizens to have more purchasing power.
According to Iraqi Dinar Intel Guru MarkZ :
According to sources, in Iraq there are claims that the dinar will soon regain its position as the most valuable currency in the world. Prior to the invasion of Kuwait, Iraq held this position, with Kuwait following in second place. Additionally, it is being communicated that we are still within the timeframe for this to happen, in my opinion.
