These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Iraqi Dinar Newshound Guru Pimpy :
Will it be nominated again? Yes, if they continue to bring up the removal of the zeros. Redenomination is the “removal” or “deletion” of the zeros. They have discussed it since 2009 at the latest.When will it take place? Who knows. Redenomination is the process of removing the zeros from a banknote, making a 10,000 Iraqi dinar note into a 10, a 25,000 dinar note into a 25. The exchange rate will then be altered.
According to Newshound Guru Clare :
Article titled “Central Bank: Visa and MasterCard card issue abroad to be resolved next month” Quote: “The problem with Visa and MasterCard cards overseas will be fixed within the next month, Central Bank Governor Ali Mohsen Al-Alaq declared on Saturday.In coordination with the Treasury, the Federal Reserve, and the auditing firm, an agreement was reached with all parties involved, including Visa and MasterCard, according to Al-Alaq. He emphasized that the Central Bank has moved quickly to accomplish this task and anticipates finishing it before the process’s June 1 deadline.
According to Iraqi Dinar Newshound Guru Militia Man :
The progress made by the central bank is astounding. They will, in my opinion, have inner connectedness and be in step with the global markets.95% of all transactions take place outside of the parallel market, demonstrating Iraq’s incredible capacity to move away from it.
According to Intel Guru Frank26 :
Query “IYO when the Iraqi people turn in their notes do they get program rates or a different rate?” No, 1310 is the program rate. They don’t turn them in because of this. Although it’s difficult to do so at the moment, they would like to get them out of the country. The borders are quite safe. Things find it difficult to enter and exit.
According to Iraqi Dinar Intel Guru Frank26 :
Outside of Iraq, the dinar is beginning to gain credibility, although it is still extremely precarious. I will acknowledge that the longer Sudani takes, the more that confidence will be damaged. Stated differently, Iraq’s banking system is ready for the new exchange rate by all means. Everything opposed to the Iraqi dinar has been eliminated, including the Iranian political thieves in parliament.Though not at 1310, the international community is prepared to accept the Iraqi dinar and conduct business with it.
According to Intel/Newshound Guru MarkZ :
[via PDK] These kinds of articles are being published nearly every day: “Government advisor: Despite the challenges facing the global economy, Iraq is in a prosperous era.”
According to Iraqi Dinar Newshound/Intel Guru Fnu Lnu :
There are huge contracts being completed every day, and all of this banking infrastructure, upgrades, and new technology are taking over the agenda, not the RI/RV because it isn’t necessary at the moment. They are also working on a Digital Dinar for International Commerce, which will also require new hardware and software, and training is ongoing with K2 and Wyman. Wyman is also leading the advisory committee for the Development Road project for this project.
According to Newshound/Intel Guru Walkingstick :
Sudani claims that because they are asset backed, they are 1,000% higher than the current exchange rate.In addition to gold, Iraq will also be supported by silver, oil, rare elements, and more.It will be an asset backed by more than simply gold or oil.Sudani claims that our foreign cash is adequate to cover the three zero notes that are in circulation.However, the lower notes and the budget deficit will soon be covered by a new exchange rate with purchasing power.
According to Iraqi Dinar Newshound Guru Militia Man :
Quote from the article: “The formulas and paths for setting the Visa and MasterCards are scheduled to be fully ready for use in a fast foreign trade and transfers before June 1, 2025” Let it sink in.They will be prepared for a while before then.Iraq’s actual effective exchange rate will be reflected in business dealings.Since the United States has essentially stopped allowing dollars to enter the nation, they must do it in dinars.
According to Newshound Guru Clare :
Summary: “The rise in the value of the national currency has local and international causes.” Quote: “A variety of internal and external variables have contributed to the recent notable improvement in the Iraqi dinar’s exchange rate versus the US dollar. Most significantly, the value of the national currency has increased due to the Central Bank of Iraq’s conservative monetary policies and indications of a thaw in US-Iranian ties.One of the primary causes of the increase in the value of the dinar relative to the dollar is the nation’s enormous financial reserves, and we anticipate that the value of the dinar will continue to rise in the foreseeable future, stated Dr. Ammar Hamad, deputy governor of the Central Bank of Iraq.
According to Iraqi Dinar Intel Guru Frank26 :
It should come as no surprise to you that, in my opinion, they are discussing the Iraqi currency rate a lot. If I told you that Firefly and everyone he interacts to just talk about it, you wouldn’t be surprised. They’re not perplexed. It was challenging at first since there was a lot of misunderstanding.
According to Intel/Newshound Guru MarkZ :
[via PDK] There are some undiscovered treasures in Iraq: “The Central Bank of Iraq indicates a decrease in the government’s public spending.” This suggests that the amount of money in circulation has dropped to 100T dinar. There were over 20 trillion dinar in circulation under Saadam Hussein, and the exchange rate was at $3.20.Iraq has a lot more resources now than it had back then.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
Article: “The Central Bank’s approach to banking reform and development helps to speed up Iraq’s entry into the global trade organization,” according to Al-Nusairi. We find out what has been preventing Iraq from fully joining the WTO. Yes, once more, the focus is on banking and financial reforms. Are they preparing to make the announcement now?
