These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions
According to Iraqi DinarNewshound Guru Pimpy:
There are many articles circulating about the exchange rate and it’s not uncommon to see a lot of people making claims based on them. However, it’s important not to fall for such claims, as predicting exchange rate fluctuations is not easy. While it is possible for the Iraqi dinar exchange rate to increase, it’s unlikely that there will be an RI (reinstatement) of the currency. An RV (revaluation) is a possibility, but it’s important to be cautious and not believe everything that is claimed about the exchange rate.
According to Intel Guru Frank26:
I purchased a million dinars back in April 2004 for a price of $500 and something. It’s unbelievable that the value of the dinars has more than doubled now, almost tripled. Although I’m happy with the investment, I’m not just in it for the money. I’m in it for the long haul, aiming not just to get a first down, but to get a touchdown.
According to Iraqi DinarIntel Guru MarkZ:
I received a message via PDK containing some rumors about a certain banker. These rumors have been circulating all over the place today, speculating that something important is about to happen, with some sources suggesting it could happen as soon as tomorrow or after the new war is settled. Based on past experiences, when rumors become this widespread, it usually means that something significant is about to take place, so it’s possible that this is a positive development.
According to Newshound Guru Kaperoni:
I am often asked what is holding Iraq back. The answer is Parliament. Until Iraq passes the necessary legislation to develop its economy and encourage foreign investment, the dinar will remain weak.
According to Iraqi DinarNewshound Guru Militia Man:
It’s important to note that when direct banking goes international, the exchange rate will not be as high as 1310. Instead, it will be a fair and effective exchange rate, similar to the real rate. This information is crucial and phenomenal. The central banks are involved, and they have set the appropriate groundwork for the auction window to close.
According to Newshound Guru Samson:
Erbil: The Central Bank has suspended dollar withdrawals from ATM machines.
According to Iraqi DinarNewshound Guru Pimpy:
There is a lot of concern in Iraq regarding the current exchange rate, which is understandable since the currency exchange rate can greatly affect their imports. What they need is more purchasing power.
According to Newshound Guru Clare:
The Governor of the Central Bank of Iraq, Ali Al-Alaq, has made a statement regarding the dollar exchange rate. In his statement, he highlighted several factors that have an impact on the exchange rate, with the most significant factor being the leakage of the dollar to neighboring countries. The statement was made on Monday, October 16, 2023.
According to Iraqi DinarIntel Guru MarkZ:
According to a report via PDK, Sudani, a leader of Israel, has received an official invitation from Sisi to participate in a summit on Gaza in Iraq. The reason behind inviting Iraq is to have them play a calming “voice of reason” role in the region. This invitation demonstrates Iraq’s ascent to the world stage as a significant and important player, showcasing their stability as a nation and strong leadership in their government. One of the crucial factors required for the revaluation of their currency is the stability of their nation, which we can see now, along with gaining respect from other Arab nations.
According to Newshound Guru Samson:
The rise in the exchange rate was caused by several factors, but the most critical one is the dollar leak.
According to Iraqi DinarIntel Guru Frank26:
Recently, there was a report on the situation in Iraq. According to the report, the exchange rate of the US dollar is expected to stabilize within the next two months. One of the commentators, Frank26, stated that the stabilization is expected to take place between November and December, with the aim of completing the process by January 1st. He believes that the Iraqi citizens are being informed about this timeline. To stabilize the dollar exchange rate, the value of the Iraqi dinar is expected to increase.
According to Intel/Newshound Guru Babysmom:
We won’t know the exchange rates until the day of exchange. The most recent anticipated opening rates as per Guru RayRen98 are DONG 0.47 and DINAR 3.81.
According to Iraqi DinarIntel Guru MarkZ:
[via PDK] In a recent comment, it was suggested that Iraq will become an official member of BRICS by January 1st. MarkZ, in agreement, added that he thinks it will happen sooner rather than later. An article from October 13th states that Iraq is ready to join BRICS after implementing a ban on cash withdrawals in US dollars.
