Newshound Guru Paulette – Iraqi Dinar Guru Update (06-16-2023)


Newshound Dinar Guru Paulette: The budget price at 1300 is the same as at 1-1. It is mainly based on the sale of oil which is priced in USD. It is only the amount of IQD that is different. A rate is just a number for the value of a currency. A $1,000,000 USD value of IQD at 1300 is the same as a $1,000,000 USD value at .25. That’s still worth $1,000,000. The value is the same, but the only difference is the amount of IQD. This is just a numerical calculation system.

IBBC is an annual conference. The Iraq UK Business Council hosts it at the Mansion House in London. Alaq [CBI Governor] is no longer on the Speaker’s list. Hopefully, it’s because he’s too busy at home.