These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Newshound Guru Pimpy :
“There is no fluctuation in the exchange rate. It is fixed at 1320 for every dollar. In case it ends up on Forex, there will be a fluctuation. However, it is expected to be a managed fluctuation where the government will intervene and control the exchange rate if it starts to go too high or too low.”
According to Newshound Guru Sandy Ingram :
In January 2024, foreign currencies will no longer be allowed within Iraq. Any violations will be criminalized, and the Iraqi dinar will be the sole currency used for all transactions.
According to Iraqi Dinar Intel Guru Angel1 :
“They have met all the international banking standards, with the help of the US Treasury. This was a significant achievement. Soon after, the UST approved their part, and they had a meeting with the IMF. The IMF report shows that they approved the pass-through from the exchange rate revaluation. This means that they have been given the green light to go international, and the markets will determine the exchange rate. We are in a very good position now.”
According to Intel Guru Bruce :
[via WiserNow]…We have information from people we spoke with in the redemption center.Having said that, they are prepared for us.The head of the redemption center is indicating that there’s a good chance we may begin trading on Saturday, the 30th. However, two other highly reliable intelligence sources discuss January 1st and 2nd. On this one, we will have to wait and see what transpires, but we can very well count on starting on Monday and having our exchanges on Tuesday.
According to Iraqi Dinar Newshound Guru Militia Man :
“It is clear that some people doubt that the Iraqi dinar will ever increase in value, but it has actually been on track to do so. The UN recently discussed the fast track plan for Iraq’s economy, and they believe that Iraq could be a key player in improving the global financial system. However, some wonder why the dinar’s current value of 1310 has not yet reflected this potential growth.”
According to Intel Guru Frank26 :
It seems that the monetary reform in Iraq is about to be implemented soon. The authorities are making efforts to help citizens understand the process. The author of the text expresses their eagerness for the reform to be released without concern about the exchange rate.
According to Iraqi Dinar Guru Nader From The Mid East :
“They are doing great. I am eagerly anticipating January to see what will happen next week. The excitement is making the days feel longer. I am looking forward to seeing what the first step will be.”
According to Intel Guru MarkZ :
[via PDK] There is a lot of anticipation for the upcoming weekend. There are high possibilities by the first of the month.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
The black market rate versus the official rate differs by only 10%. Great strides have been made with monetary reform and it is now complete and ready to be implemented.
According to Newshound Guru Pimpy :
“As we approach the end of this year, Iraq has taken steps towards positive progress. Let’s hope they continue to do so. Some people have been asking about a possible rate change in the beginning of the new year. If it’s going to happen, it will happen now so that they can adjust all the budgets for the coming years. However, I don’t think it’s likely to happen, but we will see what happens from here.”
According to Iraqi Dinar Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: A financial expert on TV claims that following the new year, the value of the Iraqi dinar would fluctuate. FRANK: The CBI tells you straight out that your currency will have value added to it starting in the following year, without holding back or showing any concern. Naturally, as there won’t be any other money accepted in your nation. As a result, your 3-zero notes’ sanctioned, penalized program’s used toilet paper rate will cease to exist.You are going to play a major role in this world’s financial drama. Iraq is going to change as fast as shadows passing into light. Prepare yourself, for you are going to walk with grace and elegance once more.
According to Intel Guru MarkZ :
I asked a bank representative if opening an account today would facilitate the currency exchange process, and if the branch I was visiting was the one where I could exchange my currencies. He replied “Yes and No”. He explained that I could bring my currencies to that branch, but they would have to send them to another branch in a different city to verify if they are genuine. I inquired if I could go to that branch myself and redeem the currencies, and he replied “Absolutely”. This way, I would not have to lose sight of my currencies. Redemption centers or redeeming banks are locations that are dedicated to verifying and exchanging currencies in front of their clients with the help of specially trained personnel. They are banking facilities that are specifically set up to provide this service.[Post 2 of 2]
According to Iraqi Dinar Intel Guru MarkZ :
A user shared a story via PDK wherein they went to a bank in California on December 18, 2020, to discuss the possibility of opening an account. The user mentioned they had a lot of foreign currency and had read that the bank had plans for dealing with Iraq and participating in the RV (Re-valuation). They asked the account representative if this was true, to which the representative replied affirmatively, adding that the bank would be one of the participating banks when the RV happens. However, the user would need to have an account with the bank in order to redeem. The user chose not to mention the name of the bank. [Post 1 of 2….stay tuned]
