Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (12-15-2023)

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

According to Iraqi Dinar Newshound/Intel Guru Walkingstick :

The Iraqi government and the board of CBI plan to float the currency eventually, as seen in the released articles.

According to Intel Guru Bruce :

I received some good information from a trusted source who works with the treasury. It seems that on Monday the 18th, we are supposed to be notified and the exchange is scheduled for the following day. This is great news for Tier 4B, which includes us. The redemption centers have stated that they plan to begin the process before Christmas, and it looks like everything is on track. I believe we are in good shape to move forward.

According to Iraqi Dinar Newshound Guru Samson :

On December 14, 2023, the Central Bank of Iraq concluded its meetings with representatives of the US Federal Reserve Bank and the US Treasury in Dubai. The delegates from the US Federal Reserve Bank and the US Treasury acknowledged and appreciated the efforts made by the Central Bank of Iraq during the meetings.

According to Intel Guru Frank26 :

The monetary reform in Iraq is a well-known fact. However, it is causing a lot of pressure as time is running out for the necessary actions to be taken. The primary goal of the reform is to help the citizens of Iraq by adding value to the currency.

According to Iraqi Dinar Intel Guru Goldilocks :

That’s interesting news about Iraq’s banking competencies and reforms. It’s good to see that they are taking steps to meet international banking standards. Let’s hope this leads to a stronger and more stable financial system in Iraq.

According to Newshound Guru Pimpy :

The question is whether Iraq can become a member of the World Trade Organization (WTO) with the current exchange rate of 1310 dinars to one US dollar. One of the requirements for joining the WTO is to establish a convertible currency at a realistic exchange rate. However, the exchange rate of 1310 to one raises concerns about the convertibility and stability of Iraq’s currency. There is no specific threshold for what constitutes a realistic exchange rate. A realistic exchange rate means a stable currency, which in turn requires a stable economy. Unfortunately, when 95% of your budget comes from oil sales, that is not a stable economy. Iraq needs to build both its private and public sectors to achieve a stable economy. So, can Iraq join the WTO with an exchange rate of 1310 dinars to one US dollar? Yes, they can, but only if the dinar is stable.

According to Iraqi Dinar Intel Guru MarkZ :

According to PDK, a lot has happened on the 14th and 15th of some unspecified month and more is expected to happen in the next few days. There has been significant progress behind the scenes over the last few days and the writer believes that they have finally reached their goal.

According to Newshound Guru Clare :

The Central Bank of Iraq delegation concludes their meetings with the US Federal Reserve and Treasury in Dubai.

According to Iraqi Dinar Newshound Guru Militia Man :

The article titled “Statement of the Iraq Economic Contact Group of the G7, European Union and World Bank” presents a roadmap that outlines the group’s intentions to support Iraq in succeeding and regaining its place in the international financial system. Over the past few months, there has been evidence of the support they are receiving, indicating that they are getting closer to achieving their goals.”

According to Intel Guru Frank26 :

A lady called Chase Bank to inquire whether they would be exchanging Iraqi dinar on January 1, 2024. The representative stated that they had not yet received any information regarding that matter, but they might receive it around December 31, 2023, or January 1, 2024. Another representative mentioned that not all Chase Banks would handle foreign currency, but they did not know which ones yet. The lady was impressed with the representative’s helpfulness and friendliness, as he also invited her to come in and open an account at any time.

According to Iraqi Dinar Intel Guru MarkZ :

According to the PDK source, there was initial hope that the Vietnamese dong would come out at around 0.30 to 0.36 cents, which is still an amazing value. However, the latest updates suggest that it would not be that low, and instead, the currency is expected to be valued between $2 and $3.