These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Intel Guru Frank26 :
Currently, the US Treasury is working to avoid the failure of the monetary reform; coming out at a higher rate could jeopardize their efforts.
According to Newshound Guru Pimpy :
Next year is going to be a very interesting year in Iraq, particularly if they start doing everything in Iraqi Dinars. I’m curious to see what kind of impact this change will have on the value of the Iraqi dinar. I am actually looking forward to it.
According to Iraqi Dinar Newshound Guru Militia Man :
It is clear to see that Iraq is on the verge of becoming an international player, as they are set to join the World Trade Organization. With the country’s move towards a more privatized sector, it is expected that their economy will grow and become more robust.
According to Newshound Guru Clare :
The article titled “A Chinese advisor describes Iraq as the ‘largest’ investment destination for his country” quotes Xu Haifeng, the Counselor of the Chinese Embassy in Baghdad. He stated in a press conference held today at the Chinese Embassy in Baghdad that Iraq is a country rich in energy, mainly represented by oil and gas industries. He also mentioned that the energy field is a relatively greater source of attraction for Chinese investments and is in line with the industrial diversity in Iraq.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
At this phase of the monetary reform, the US Treasury is working with the authorities in Kurdistan to determine the number of notes that will be released into circulation with the lower denominations. This is an important step to avoid currency inflation, which is a risk associated with the experiment they are running with lower notes. The monetary steps taken have positioned the lower denominations and the new exchange rate to be released confidently without any failure. Any failure at this point would be catastrophic.
According to Intel Guru Frank26 :
It is impossible for the CBI, Alaq, and the board of directors to reduce the exchange rate of the American dollar. They do not have the jurisdiction to do so. The US Treasury is the only institution that holds the authority to make such decisions. Recently, Alaq and Sudani have announced that private banks will support Iraqi citizens by reducing the dollar exchange rate, meaning that it will increase the value of the Iraqi dinar and reduce the value of the American dollar in Iraq.
According to Iraqi Dinar Intel Guru MarkZ :
News from Iraq was relatively quiet overnight. However, all the news from the country this week has been overwhelmingly positive. I understand that this has been a long wait, and it can be difficult to pinpoint a monumental event that occurs only once in a millennium. But we can be certain that it is coming.
According to Newshound Guru Sandy Ingram :
The Central Bank of Iraq has reported a decline in the inflation rate in 2023 when compared to 2022. As of August 2023, the inflation rate in Iraq was around 3.7%, which is a decrease from 4.4% in August 2022. It’s worth noting that Iraq’s inflation rate is much lower when compared to other countries, some of which have experienced inflation rates of up to 30% or 40%.
According to Iraqi Dinar Newshound Guru Pimpy :
It seems like Iraq is taking steps towards achieving monetary sovereignty. An article asks the question, “What does that mean?” This development is actually great news. It has been suggested for some time that Iraq should establish its own financial independence and move away from being dependent on the United States. In other words, it is like a child wanting to grow up and make its own decisions. This is precisely what was expected. Once the training wheels are removed, we need to have faith that those who are responsible for making decisions regarding the Iraqi dinar will make wise choices and not mess things up.
According to Intel Guru Frank26 :
It’s interesting to notice that those who were initially against the dinar/monetary reform, like the parliament, are now praising and supporting it. They keep coming up with new ways to express the same idea. For instance, an article states that the economic policy in Iraq is moving towards implementing the principle of monetary sovereignty. This is a beautiful way of saying that a new currency is on the way.
According to Iraqi Dinar Intel Guru Goldilocks :
The sale of bonds by a country leads to an increase in demand for its national currency which, in turn, increases its value. Iraq has recently started selling bonds to its citizens and investors to participate in the growth of its new economy backed by gold and the dinar. Iraq is taking steps towards making its economy self-sufficient by relying solely on the dinar. These measures will enable Iraq’s economy to thrive in the future.
According to Newshound/Intel Gurus Militia Man & MarkZ :
According to a source named Militia Man, Iraq is going international in a big way. The country is considered to be one of the wealthiest nations in the world, with vast reserves of oil, natural gas, sulfur, precious metals and rare earth minerals. This means that they have the resources they need to establish a new, real and effective exchange rate. It’s worth noting that Iraq is now worth much more than it was over 20 years ago when the rate was $3.22.
According to Iraqi Dinar Intel Guru Bruce :
[via WiserNow] I’ve been told that we should receive notifications on Thursday, possibly early morning, and wake up to them. Let’s wait and see.
