These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Guru Nader From The Mid East :
For the trade, I would not be taking a plane to Iraq. To make the adjustment, I’ll be taking a plane out of Iraq. I’ll travel there, get paid, and return to the United States. I’ll take that action.
According to Newshound Guru Sandy Ingram :
For those of you who can tour to Iraq, it is nice to address your cash subjects in Baghdad or Erbil…when the forex increases in cost, some of you may decide you want to travel to Iraq and it’s no longer a big deal. incorrect! it’s far a massive deal. yes, you notice YouTubers touring through Iraq but it is not that easy. the instant you input the u . s . with a U.S. passport your life can alternate instantly…The threat of terrorism, armed war, kidnapping and violent crime – this is the state branch’s widespread comment in journey warnings. What the country branch is without a doubt pronouncing is in case you get into hassle we do no longer have the resources or the network of human beings to get you out of problem. this is why [we] advise US citizens to not tour to Iraq.
According to Iraqi Dinar Intel Guru Frank26 :
Question: “You previously stated that you would spend all of your dinar at once if the dinar dropped below $3.22. Are you still of that opinion? Yes, given my advanced age.On December 20th, I will turn 69. At my age, I don’t want to wait another year or two to see it increase, so if it comes out at $3, I’m going to swap everything. Why should I bet that it will enter the four, five, or any other range? I’m content with three things. Since I earn money with money, I’m thrilled to have $3. Money doesn’t ‘use’ me. You may have issues with your stewardship if you don’t comprehend that remark.
According to Newshound Guru Militia Man :
Article: The Association of Private Iraqi Banks convened…They’ve decided to continue concentrating on implementing electronic payments for even the petrol stations. Extracting little category notes from the street is one of the tasks that will be completed.Citizens are opening accounts, thus it’s working.
According to Iraqi Dinar Intel Guru Frank26 :
Question: “You previously stated that you would spend all of your dinar at once if the dinar dropped below $3.22. Are you still of that opinion? Yes, given my advanced age.On December 20th, I will turn 69. At my age, I don’t want to wait another year or two to see it increase, so if it comes out at $3, I’m going to swap everything. Why should I bet that it will enter the four, five, or any other range? I’m content with three things. Since I earn money with money, I’m thrilled to have $3. Money doesn’t ‘use’ me. You may have issues with your stewardship if you don’t comprehend that remark.
According to Intel Guru MarkZ :
[via PDK] When the rate fluctuates, doesn’t it create an excellent bridge—a working currency? All of a sudden, it RVs and a $250 note disappears.From 19 cents to, say, $25.00? That represents a significant shift in value. Some very enthusiastic people from Iraq tell me, “This is it.” Now, all they need to do is issue the even smaller notes that they already possess. Unless a revaluation was imminent, there was no justification for releasing such notes. Additionally, they anticipate that it will be completed by Victory Day [December 10] at the latest. You should all be thrilled about the arrival of this $250 note. [Post 2 of 2]
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] There are several lesser denominations in Iraq, according to several people I’ve spoken to on the ground. They have abruptly issued a significant quantity of $500s and $250s onto the market. Right present, they are essentially worthless in terms of functionality. The $250 dinar note is currently worth roughly.19 cents US due to the dinar’s current price. The value of the $500 note is approximately.38 cents USD. Why would they put so many of these banknotes into circulation at once? Why do you require so many notes that are only worth.19 cents? You don’t. [Post 1 of 2…watch this space]
According to Intel Guru MarkZ :
[via PDK] These [500 and 250 dinar notes] are displayed on a “cut sheet” at banks and retail establishments. DelaRue produced these banknotes in 2018. For many years, they have been getting ready for this.
According to Iraqi Dinar Newshound Guru Pimpy :
actual powerful alternate charge – that isn’t the nominal exchange rate that we see. the one we watch is called a nominal change fee. We get 1307 dinar for each dollar…what’s a actual effective trade price (REER)? The weighted common of a county’s currency in relation to an index or basket of other principal currencies…it’s making a comparison of products sold. they’re seeking to see if they’re competitive against other international locations. it’s no longer the equal factor as a nominal exchange price…an officially announced fee. The central bank sets the change price if it is constant. It does not set the trade rate if it is floating, that’s decided by means of deliver and call for…One is handling accurate sold and the alternative is managing the real exchange of one currency for the opposite.
According to Newshound Guru Clare :
According to the article, “The monetary position in Iraq is (very excellent) at the present time in terms of controlling inflation and the high adequacy of foreign reserves, which enables the Central Bank to remain stable, defend the exchange rate, and achieve monetary stability, despite the circumstances surrounding the country and the region, indicating that the reserve covers our needs, and this is what distinguishes the Central Bank of Iraq compared to other central banks in the region.”
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] “Parliamentary Finance: The purpose of the meeting with Oil was to discuss a budget amendment.” They are specifically talking to the HCL about the final issue of contention. My connections in Iraq tell me that the HCL will increase the dinar’s worth once it is done. It should be completed by December 10th.
According to Newshound Guru Militia Man :
We are all aware that the parallel market will undergo a radical transformation once Iraq chooses to implement a genuine, functional exchange rate. They have publicly said that they will accomplish it by the end of the year.They appear to be prepared to take action. Two weeks beforehand, they halted the loans.
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: Mr. Sammy would like to inform you that whenever we end the currency auction and deal just in dinars instead of dollars, we must see a fresh rate either immediately before or immediately after the auctions close. FRANK: You’re absolutely right, Mr. Sammy. You are aware of what they will do. They will increase the value.A fresh exchange rate will be needed to stop these auctions.The date of their stop will be December 31, 2024.
According to Newshound Guru Kaperoni :
Iraq’s credit rating is maintained at B- with a stable outlook by the U.S. credit rating agency Fitch.
According to Iraqi Dinar Intel Guru Wolverine :
[via Judy Byington]…The fact that Christmas is approaching so early makes me very, very pleased. All I can say is that. Merry Christmas to all of you.
