These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi DinarNewshound Guru Pimpy :
Some people seem to be confused when I tell them that Iraq is relying too heavily on oil. This is a significant issue as it leads to an unstable economy in Iraq. When 95% of the economy is based on oil sales, there is always a risk for the economy to collapse if oil prices drop for any reason. We saw this happen in 2019 and 2020 when oil prices dropped, which also affected their liquidity. Currently, Iraq has set the price per barrel of oil in the budget at $70 per barrel, and Brent crude oil is selling at $71 per barrel. This is not a good sign, and if the price slips any further, Iraq will most likely run into a deficit, which is not desirable.
According to Intel Guru MarkZ :
Banking experts predict a window of opportunity until the end of the year.
According to Iraqi DinarNewshound Guru Clare :
Iraq has requested assistance from the US Treasury to track down the funds of Saddam Hussein’s regime.
According to Newshound Guru Militia Man :
“If the Finance Minister needs to work until the end of the year to ensure that everything is sorted out and ready to go, and if they do it right and do it properly, then the Iraqi citizens will finally receive what they deserve, which is purchasing power. I believe it’s a remarkable situation, and everyone can see that they are making progress and it’s coming to fruition.”
According to Iraqi DinarGuru Nader From The Mid East :
“I watched a video that came out on Friday about the Central Bank of Iraq’s dinar propaganda/advertisem*nt. The video promotes the use of Iraqi dinars within the country, which I think is a great thing. It’s a big step forward and I’m very impressed by it. I believe that in January, we will see some significant changes happening. So, it’s important to be prepared for what’s coming.”
According to Intel Guru Frank26 :
It seems like the CBI meetings are taking place in Dubai, which is quite obvious given the fact that Iraq is moving towards becoming a Dubai.
According to Iraqi DinarNewshound Guru Pimpy :
For several months now, there has been talk of strengthening the Iraqi dinar. The aim is to close the gap between the official rate and the parallel market. One of the steps to achieve this is to stop using dual currencies. The plan is to do away with the US dollar and use only the Iraqi dinar. The government has already started implementing this in their buildings. Starting from January 1, 2024, the entire nation will be using only Iraqi dinar. This is a great move for Iraq, but it is just one of the many steps they need to take to improve their economy.
According to Intel Guru Wolverine :
“The big meeting in Dubai has ended, and everything is now ready. Iraq has confirmed their readiness and they should be prepared to celebrate. Similarly, we should also be ready to celebrate. My contact, Whale, has confirmed that everything is moving accordingly. By Monday, December 11, Iraq will start celebrating and in my opinion, we should celebrate too.”
According to Iraqi DinarNewshound Guru Sandy Ingram :
“We tried to ignore this news, but it’s impossible. An article reports that the Iraqi Prime Minister is investigating the security forces for the recent attack on the US embassy in Iraq. Despite Iraq’s efforts, American forces in Iraq are still being attacked. Another article states that an Iran-backed militia has threatened more attacks after the recent attack on the US Embassy. Attacking another country’s embassy is a very serious matter.”
According to Intel Guru MarkZ :
I am hearing that the push is expected to be well underway by January. They still want money moving by Christmas, but nobody knows the timing.
According to Iraqi DinarIntel Guru Frank26 :
“We have reached a point where we don’t need to search for anything anymore. What we should do now is to observe every new development that comes out. All the future advancements will be the ultimate reward of our collaborative study and research.”
According to Newshound Guru Pimpy :
“I heard a rumor that the exchange rate had changed, but it turns out that it hasn’t. It wouldn’t make sense for them to change the exchange rate in one location and not another because people could simply take their Iraqi dinar to the new 1 to 1 location, exchange their currency, make lots of money, and then go back to another location that still has the old exchange rate. They could then buy more cheap Iraqi dinar and repeat the process, making millions of dollars. This is why you’ll never hear anyone say that there’s an in-country rate and an out-country rate because the rate is the same everywhere. It simply doesn’t make sense for there to be a location where the exchange rate is 1 to 1 and not at other locations.”
According to Iraqi DinarNewshound/Intel Guru Mnt Goat :
An article states that the Industrial Investment Law, which is closely related to the revaluation of the dinar and the economic reconstruction, has completed its first and second readings. As a result, the law will be voted on in the House of Representatives during the current session. The article predicts that the year 2024 will be a time of explosive growth as everything comes together.
