These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi Dinar Intel Guru Bruce :
“I was informed a few weeks ago that we are expecting to receive our RV – which is essentially our financial blessing – before Christmas. As far as we know, that is still the plan. I can provide you with the reason behind this. There was a conference call last Thursday morning with the Treasury and leaders of the redemption centers. In the US, we have over 7,000 redemption centers. The outcome of the call was that there is a 98% chance of us being able to go in before Christmas. Additionally, when I asked another source if we could be exchanging before Christmas, he confirmed that it was possible. So, I believe that it is definitely possible.”
According to Intel Guru Frank26 :
A person asked if they could exchange their currency at the bank. The bank representative confirmed that they could exchange the dinar and even open an account to deposit the money. However, the bank’s policy is to allow withdrawals of only $5,000 in cash per day. If the person needs more cash, they can prearrange it with the bank, but it will have to be ordered. In summary, the bank’s daily physical cash exchange policy is $5,000 USD per day, and any additional cash should be prearranged.
According to Iraqi Dinar Guru Nader From The Mid East :
“The facts are clear. If the dollar is removed from the markets in Iraq, they will have to come up with a smaller category of dinar. This is because carrying such a large amount of dinars would be impractical. For example, I would not want to carry around 150,000 dinars in my pockets. I would prefer to have $100 instead.”
According to Newshound Guru Pimpy :
It is being speculated that with the US dollar being phased out, there may be an increase in the value of the Iraqi dinar. However, it is unlikely that the exchange rate between the two currencies will be on a 1:1 basis. Although it would be great to be proven wrong, there are many precautions and hurdles that countries have to take before making any significant changes to their exchange rate. Therefore, the best we can hope for is a gradual increase in the value of the Iraqi dinar. Despite the phasing out of the US dollar, it is unlikely that there will be any major fluctuations in the Iraqi currency’s exchange rate.
According to Iraqi Dinar Intel Guru Frank26 :
It sounds like the upcoming elections are very important for the economic plans of whoever is involved. It seems like the rate change has been waiting for some sort of reform, which the elections may bring. It will be interesting to see how things unfold.
According to Newshound Guru Jeff :
The upcoming elections are crucial for the economy, especially regarding interest rates. The elections are seen as a necessary reform step that the rate change has been waiting for throughout the year.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
“They were reducing the excess amount of money in circulation. This involved removing three zeros from both the Iraqi dinar and the American dollar, as even the dinar had an excessive amount that needed to be removed. They have successfully achieved this goal and are now working on removing excess American dollars from their market.”
According to Intel Guru MarkZ :
As of this morning, there have been no significant changes since last night. There is no negative news, but there is no indication of anyone spending money yet. We may receive additional updates throughout the day.
According to Iraqi Dinar Newshound Guru Militia Man :
Since November of last year, the government has been working to eliminate the parallel market by populating banks with various currencies. They are taking the necessary steps to become Article VIII compliant, which means they will have a single currency and will no longer be a dual currency country. In order to achieve this, they are getting rid of multi-currency practices.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: Sudan has issued a statement alerting us people to potential changes in the dinar prices of commodities in our market. FRANK: Recognize that Sudani is informing you that the value of your sovereign national currency will be changing soon.You should look for it, he said. That really is incredible. A portion of the instruction on monetary reform is so loud that even the guy on the moon can hear it. FIREFLY: Sudani did not specify how much change—whether little or significant—will take place. He only advised us to keep an eye on the dinar in our markets, noting that their strategy to eat up the parallel markets was almost ready. FRANK: [Grateful
According to Iraqi Dinar Newshound/Intel Guru RVAlready :
They need to revalue their currency for Iraq to pay out their 2023 budget before Jan 1.
According to Intel Guru Bruce :
The highest exchange rates are exclusively available at legitimate redemption centers in the US for US citizens. These rates are only displayed on the redemption center screens and not on bank screens. I believe we are mostly ready.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
“Iraq is currently transitioning from doing business solely through sanctions to a more normalized process with other countries. They are already engaging in international business. This news is extremely positive and noteworthy. It’s happening right now and is cause for excitement.”
