These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
According to Intel Guru Frank26:
[Iraq boots-on-the-ground report] FIREFLY:They say that we will become official on July 18, but they keep implying that we are already a member of the WTO. They got some person from the WTO saying that the WTO got this on our WTO schedule as of now… The broadcast saying that is the day Iraq is completely acknowledged with no keep down or impediments on our money. FRANK: This is excellent news. IMO the new conversion standard ought to be a long time before that date…
According to Iraqi Dinar Intel Guru MarkZ:
[via PDK] Rumors are flying all across the Treasury department. All of it, from “It’s tomorrow” to “Oh no, they put it off for another month” False rumors abound, with the same sources telling disparate individuals conflicting things. That indicates that it is “MISINFORMATION” and that it is done deliberately. Remain composed and keep in mind the basics. Iraq continues to look fantastic. They are still using the new ATMs, and they are still having debates about deleting the zeros. Additionally, they are still in talks to release the lower denominations in July.Everything still seems fantastic.
According to Newshound Guru Clare:
The Article: “Dinar Explainer 1: Why Iraq has Two Exchange Rates” Source: “On a recent webinar organized by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University explained the causes and effects of Iraq’s dual exchange rate…” 1. Abundant demand for US dollars abroad: 2. Abundant demand for dollars within. 3. The New York Fed’s Attempts at De-Dollarization: In an effort to cut down on dollar flows to Syria and Iran, the New York Federal Reserve has banned dollar transactions. The intricacy and demand for dollars in Iraq have escalated as a result of their exclusion of more than two dozen Iraqi banks from transactions.
According to Iraqi Dinar Newshound Guru Pimpy:
Article: They have been kept in the dark ages for a considerable amount of time. “Customers complete the first phase of the automation project and reveal its revenues within five months.” Everything was done on paper and pencil, and it was kept that way for a reason…Banks and other institutions will be excited to see how this new technology will change their businesses. It will make their work much more effective, and it will only get better for Iraq. This is one of those way they can produce income other than from oil. They absolutely require this in order to diversify. Quote “income rate will raise before the current year’s over to 200% from what it was in 2022.” That is quite an increase…it will blast around there…
According to Intel Guru MarkZ:
[via PDK] Some positive developments from Iraq should cheer us up today.”The budget schedules for 2024 are approved by the President of Iraq.” Rashid signs many bills into law, including the budget tables for 2024. My contacts there claim that although they received the budget tables published in the Gazette, they did not receive an updated rate. They informed us that they had estimated the 2024 budget using an average oil price of $80 USD per barrel. This represents advancement.
According to Iraqi Dinar Newshound/Intel Guru Walkingstick:
Sudani rewrote the contracts and recalculated them in accordance with the budget’s rate. They’ve been running two budgets, one with the new rate and one with the old rate…
According to Intel Guru Frank26:
There will only be two budgets remaining—one with the new rate and one with the old rate—if the budget is published in the Gazette with the old rate. However, if the old rate is published, don’t worry—it will eventually change.
According to Iraqi Dinar Newshound Guru Militia Man:
Iraq hasn’t had a really functional exchange rate in well over two decades.We are so very near, man.
According to Intel Guru Frank26:
“Boy, the news out of Iraq is really slow,” were a few comments. It is not brisk. The phrase “the calm before the storm” perfectly describes the situation right now. It is not slow; rather, it is very silent because that is the phase we are in right now. They are withholding information regarding the new exchange rate during the current phase. Right now, they are keeping quiet about the budget…
According to Iraqi Dinar Newshound/Intel Guru Mnt Goat:
I enquired as to how the dinar’s rate will be decided going forward with [my CBI contact].”You know and I know that the rate of the dinar is currently being artificially suppressed,” I was informed.I was informed that since Iraq was in a lot better position now than it was before the 1990 embargo, there should be an international rate once more, if not one that is at least comparable to the late 1980s before the invasion.
