These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Intel Guru RayRen98 :
According to reliable sources, they are attempting to push it out tonight and into the morning.
According to Newshound Guru Pimpy :
“Is there any way for Iraq to reinstate the $3.22 rate?” The answer is yes, but it’s important to note that it won’t happen overnight. The value of the dinar will continue to increase gradually, so it’s important to be patient. Eventually, you will start to see significant jumps in value, so hold on to your dinar and wait for the right time to exchange it.”
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Iraq has made it clear that they will no longer accept US dollars after Jan 1st and that the dinar will be valued higher than the dollar. We just need to remain calm.
According to Newshound Guru Kaperoni :
In order for Iraq to increase the value of the dinar, they must first diversify their economy away from oil. This means creating a private sector, providing employment opportunities for their citizens, and investing in manufacturing and agriculture. These steps are crucial for Iraq to become self-sufficient, as they currently import about 90% of the goods they need.
According to Iraqi Dinar Newshound Guru Sandy Ingram :
The Central Bank of Iraq has confirmed that some Iraqi banks are transferring dollars from their accounts to intermediary banks, who are then distributing the dollars to their customers. The Central Bank of Iraq has stated that this move will help to reduce the exchange rate of the parallel dollar. However, some people believe that this is being done to keep the black market intact. This could cause concerns, especially since the decision to only use Iraqi dinar in all transactions starting from January 1, 2024, may lead to some issues. The Central Bank of Iraq is taking steps to control any possible problems that may arise.
According to Newshound Guru Pimpy :
As of today, no news has been released regarding the removal of any restrictions.
According to Iraqi Dinar Newshound Guru Militia Man :
The article highlights the need for the Iraqi economy to be integrated with the global economic cycle. Al-Sudani emphasizes the government’s efforts to establish an industry that exports its products outside Iraq. This is a significant step for Iraq, which has been primarily an import country and has relied heavily on oil as a source of revenue. The country is now transitioning from a rentier oil industry to a non-oil revenue stream economy. Iraq has a lot of potential in various sectors such as industrial cities, liquid natural gas, tourism, and agriculture. Additionally, the country is rich in minerals.
According to Intel Guru MarkZ :
According to a message via PDK, the Federal Reserve will be holding a meeting today at 4:15 pm to discuss foreign exchange rates. This is a rare occurrence and could be significant. It’s possible that this meeting could be related to what we have been searching for.
According to Iraqi Dinar Intel Guru Frank26 :
“Will the revaluation of the Iraqi currency happen only in December for Iraq or will it also happen internationally?” The revaluation will happen both in Iraq and internationally. This is because once the citizens receive their purchasing power, the currency will start to be used in international trade and its value will begin to increase. It is important to note that Frank’s current timeline for the revaluation is before 2024.”
According to Newshound Guru Pimpy :
During joint talks between Iraqi and Turkish delegations, the Central Bank revealed two agreements. One of these agreements allows merchants from both countries to purchase goods from each other using their own currency. For instance, if I am a merchant in Iraq and I want to buy goods from Turkey to sell in my store, I can purchase those goods using Iraqi dinars. Similarly, if I am a merchant in Turkey and I want to buy goods to sell in my store, I can use the Euro or the Lira, and the banks will settle the issue with the two currencies through currency swaps. These agreements are significant milestones that Iraq has achieved, and it is hoped that they will continue to make progress in this direction without any setbacks.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
It is important to note that the reinstated rate is not going to start at 1/6 of a penny and gradually increase from that point. The rate must reflect the true value of the assets that Iraq now holds, rather than the value of a currency that has been intentionally sanctioned and suppressed. After all, why would they go through the trouble of implementing banking, financial, and currency reforms if the rate was just going to remain at the 1/6 of a penny?
