These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Newshound/Intel Guru Walkingstick :
“Iraq is still under the protection of the International Monetary Fund (IMF), despite not being under sanctions. There were meetings held in New York, Dubai and Baghdad to discuss this. The IMF stated that the Iraqi dinar is undervalued and that it is adding value.”
According to Iraqi Dinar Newshound Guru Militia Man :
It seems Iraq is looking forward to having a better exchange rate in the near future. The citizens of Iraq are also hopeful that the rate would improve and not be a punished one as it currently stands.
According to Intel Guru Pimpy :
“The end of the year is approaching, and I believe Iraq has had a relatively successful year despite all the challenges. As we look forward to 2024, we hope to receive more positive news as Iraq continues to progress and prioritize the well-being of its citizens.”
According to Iraqi Dinar Intel Guru MarkZ :
I understand that there is a lot of fear surrounding redemption centers. The term “redemption centers” refers to participating banking institutions that are equipped to handle foreign currency transactions in-house instead of outsourcing them. These institutions have personnel who are trained to verify the foreign currency on-site, making the process more efficient and secure. You can refer to them by any name you prefer, but they are essentially just banking properties with specialized capabilities.
According to Intel Guru Angel1 :
I have been unable to confirm the existence of redemption centers, but that does not necessarily mean they do not exist.
According to Iraqi Dinar Guru Nader From The Mid East :
I don’t believe in redemption centers. Instead, I believe in banks and exchange offices.
According to Newshound Guru Sandy Ingram :
I would be happy to help you with that. The text you provided seems to be talking about recent reports of meetings in Jordan and Dubai. The meeting in Jordan was between the Iraqi authorities and the International Monetary Fund (IMF) staff team. The purpose of this meeting was to discuss the IMF’s assistance in reforming Iraq’s banking system. This meeting suggests that Iraq may be preparing to join the global financial network, or Forex Market, which it has not been a part of before. The meeting in Dubai was between the Iraqi authorities and representatives from the US Department of the Treasury and the Federal Reserve. The implication is that Iraq may be planning to use its own currency for transactions within the country starting from January 1, 2024 while preparing for international currency inclusion.
According to Iraqi Dinar Intel Guru MarkZ :
[via PDK] Question: What does your gut say Mark? MarkZ: My gut feels it will be at the bridge of 2023 to the first of January.
According to Intel Guru Frank26 :
I recently heard a news report from Iraq that discussed how their country and a group of currencies are working together to decrease the value of the dollar. The report mentioned specifically that they are considering the yuan and rupee. Additionally, the Iraqi government expressed a desire to end the existence of the parallel market dollar in the near future.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick :
According to reports, the officials have announced that in the middle of January, the IQD exchange rate will finally match the official exchange rate of the CBI, which is currently 1310. Although the rate might fluctuate, the CBI is stating that the market rate and the official exchange rate of the CBI will be the same. This could mean that the rate might be an RI rate or it could stay at 1310, but what matters is that both rates match.
According to Newshound Guru Militia Man :
I’m sorry, but the text you provided seems to be a direct quote from someone else without clear context. It may be difficult to rephrase or correct without additional information. Could you please provide me with more context or specific instructions on how you would like me to proceed?
According to Iraqi Dinar Newshound Guru Pimpy :
Iraq has taken steps to strengthen its currency, the Iraqi dinar, despite restrictions on the amount of money it receives from the US. These steps have put pressure on the parallel market, which doesn’t have enough dollars to trade. This has caused companies to use the official exchange rate instead of engaging in illegal trading on the black market. As a result, the Iraqi dinar has become stronger and has more purchasing power. It’s likely that the value of the Iraqi dinar will continue to increase over time.
According to Intel Guru Frank26 :
[Report from troops on the ground in Iraq] FIREFLY: They are discussing Fils and the significance they will have for us. FRANK: Describe fils. Money. They are tiny incremental gains because they are coins [REAL metals] rather than fiat [paper money or figures on a screen]. FIREFLY: They’re discussing the coins they’ll be giving us in addition to the smaller denominations. They claim that the war against the dollar is about to finish.
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat :
“There is always one news article that grabs my attention and stands out from the rest. This time it is a WOW, WOW, WOW news from Iraq. The article states that foreign currency in Iraq is meant to be dealt with outside of the national economy. This means that there cannot be a fixed exchange rate between the US dollar and the Iraqi dinar. As a result, no monetary policy can control this situation. This news is massive and it’s exactly what we’ve been waiting for.” [Post 1 of 2….stay tuned]
According to Intel Guru MarkZ :
[via PDK] Question: Is the dong still expected to be between $3-$3.50? MarkZ: I still estimate it to be around $2-$2.25. However, some people are saying it could be as high as $3 or more.
According to Iraqi Dinar Intel Guru Bruce :
According to the message sent via WiserNow, the desired outcome of receiving the item before Christmas was not met due to unforeseen circ*mstances. However, it appears that the item should be available for us to receive soon. Once the Treasury approves, we can begin the process. This is the current situation at the moment.
