Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (10-24-2023) (2024)

These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinions

According to Iraqi Dinar Newshound Guru Pimpy :

Iraq’s over-reliance on oil revenue to fund its government is a major issue that needs attention. To address this, the country needs to explore alternative sources of income. While Iraq’s decision to start dealing in gas is a positive step, it’s not enough. Agriculture and other exports are where the exchange rate will make the biggest difference. The aim should be to reduce the percentage of oil revenues that support the budget. There are other factors to consider, but this is definitely one of the most critical.

According to Intel Guru Frank26 :

Inquiry: “Does the value of Iraqi dinar need to be capped at one penny higher than the Kuwaiti dinar?” In my opinion, this is no longer the case. The reason being the improved relations between the two countries. Kuwait has been expressing positive sentiments towards Iraq, which was not the case in the past 20 years. Therefore, I don’t think this condition is applicable anymore. The possibilities are endless.

According to Iraqi Dinar Intel Guru MarkZ :

I’ve been trying to find out when something will happen, but all I’m getting is mixed messages. Some of my most reliable sources keep saying that it’s going to happen “soon” – not yet, but very soon. Right now, there’s a lot of false information out there that is making it difficult to know exactly when it will happen. But stay calm, because my sources are telling me that it’s much closer than we think.

According to Newshound/Intel Guru Walkingstick :

They never had a budget before, but now they have three in a row. However, a three-year budget doesn’t work with a program rate. It seems that the monetary reform is developing well.

According to Iraqi Dinar Newshound Guru Militia Man :

Recently, it was revealed that the World Trade Organization is planning to fully accede in the fourth quarter, and we are a part of it. While the exact date is yet to be announced, the news is quite promising and exciting. It’s great to see things moving forward!

According to Guru Nader From The Mid East :

I believe the price will increase,a perhaps 3 to 1, but it’s uncertain.

According to Iraqi Dinar Intel Guru Frank26 :

[Iraq boots-on-the-ground report] Firefly informs Frank that the Iraqi Development Fund is a crucial component of the budget and is being talked about in the media. Frank agrees, stating that the development fund will be the source of funding for the budget and will determine the new exchange rate. He suggests that the media is discussing the development fund because it will ultimately impact the exchange rate, which needs to be adjusted for everything to function smoothly.

According to Newshound Guru Pimpy :

In the news article titled “Iraq recovers $70 million smuggled into Switzerland,” it has been reported that a significant amount of unaccounted for Iraqi dinar is considered stolen and needs to be found before any major RV or RI can happen. This is to ensure that terrorist groups do not benefit from the situation. The recent recovery of $70 million from Switzerland is a positive development, and it is hoped that more of this stolen money will be located soon. The sooner this happens, the better it will be for Iraq and its people.

According to Iraqi Dinar Intel Guru MarkZ :

Via PDK, someone commented that Wells Fargo keeps airing commercials about their Wealth Management services instead of focusing on banking. MarkZ joked that it seems like they know something is coming. With the current state of the economy and people struggling financially, it’s strange that banks are opening Wealth Management centers. It’s a puzzling situation that makes one wonder what’s really going on in the financial world and how close we are to a major shift.

According to Newshound Guru Clare :

Iraqi Integrity has recovered over $70 million from a Swiss bank.

According to Iraqi Dinar Intel Guru Frank26 :

[Iraq boots-on-the-ground report] FIREFLY: My bank guys say corruption is still the major holdup right now. But even Sudani was on the news saying for parliament to stop calling out Alaq. He’s saying the parliament members are the problem…

According to Intel Guru yada :

The borders have now been digitally connected with the main account for better management. This marks a significant difference between the past and present. Corruption has been effectively dealt with, and as a result, there will be no instances of theft. All revenue will be controlled by Baghdad, provided that they execute the process correctly. Based on recent developments, such as the release, it seems that the project is complete, and the next step is to go global.

According to Iraqi Dinar Intel Guru MarkZ :

According to sources, the process has not started yet, despite the groundwork being completed. Based on conversations with key players, it seems that we are in the final weeks of this process. Although the exact date is still unknown, my gut feeling tells me that it could be in 2-3 days, or a week to a week and a half. However, to be sure, I am waiting for confirmation from high and credible sources. When it happens, it will be a complete surprise to us all.

Iraqi Dinar Guru Updates, Investment, News, Opinions, and Intel (10-24-2023) (2024)

FAQs

What is the future prediction for Iraqi dinar in 2024? ›

Will Iraqi Dinar get stronger against US Dollar in 2024? Iraqi Dinar is expected to rise by 1.24% against the US Dollar by the end of 2024, as the USD/IQD rate is expected to reach IQD 1,325.60.

Is dinar expected to go up? ›

Although it is possible that the dinar could rise in the distant future, there are many other investments with lower risks and higher rewards. When Iraq's very survival is at stake, currency revaluation is unlikely to be on the agenda.

What is the new rate for the Iraqi dinar? ›

1 IQD = 0.000763 USD Apr 22, 2024 20:59 UTC.

What is the USD IQD forecast? ›

What is USD to IQD forecast? Currently, the CoinCodex price prediction algorithm is forecasting the USD/IQD to be IQD 1,306.13 24 hours from now. This would represent a -0.14% decrease compared to the current USD/IQD exchange rate.

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