Militia Man – Dinar Guru The merger of the two state banks is likely awaiting the new exchange rate change. That’s how I see it. You don’t see oil flowing from the Cyan port. You still see them talking about retroactive budget, the salaries not being paid, not exposing article 12 section 2 and then paragraph C of their 2024 budget exposed publicly yet...Everybody’s waiting for Iraq to make a move…
Frank26
Frank26 – Dinar Guru Article quote: “The U.S. administration’s not-so-secret plan is to rebalance trade by weakening the dollar. A way to do that would be to enlist foreign central banks [CBI -Guru Frank26] in a coordinated effort to revalue their own currencies.” DO YOU THINK TRUMP OWNS ANY DINARS? What the tariffs are doing is working. And what they’re doing around the world is working, with the American dollar. More so, the tariffs are now working in Iraq to bring forth the new exchange rate IMO because it tell you right here, flat out..the US administration, it’s not so secret their plan. They’re admitting it! [Post 1 of 2]
Frank26
Frank26 – Dinar Guru Article quote: “The November paper suggested the United States would use the threat of tariffs and the lure of U.S. security support to persuade foreign countries to appreciate their currencies against the dollar, among other concessions.” Like lifting the value. TRUMP IS DOING THIS TO PUT PRESSURE ON THE IQD EXCHANGE RATE! Because they’re leaving money on the table. This is a wonderful article. This is direct and straight to the point. It is the Asraflak at its highest…This is telling the citizens exactly what they are about to do. Or better yet, exactly what the US Treasury has done with the CBI with their currency. [Post 2 of 2]
Mountain Goat
Mountain Goat – Dinar Guru I have to say that the pace of change and reform for the U.S. is overflowing now into Iraq as the new U.S. leadership takes shape on foreign policy…It is now almost indescribable my feelings as to what is going on in Iraq and all the wonderful changes happening that we prayed so hard for and so long.
Clare
Clare – Dinar Guru Article: “JPMorgan announces its readiness to finance investment projects in Iraq.” Quote: “A delegation representing JPMorgan Chase expressed its willingness to finance a number of investment projects in Iraq, either directly or through partner financial institutions…This came during a meeting between Prime Minister Mohammed Shia al-Sudani…”
Mountain Goat
Mountain Goat – Dinar Guru This new digital dinar is going to make a huge impact in freeing up these stashes of paper dinars back into the banking system…It was just announced by the CBI…that the digital dinar currency for Iraq is coming much sooner than we expected…It was never the short-term policy of the CBI to go to a digital currency but the mandate mostly from the IMF and the U.S. Treasury to clean up the dollars going to Iran forced it earlier…Remember that this was the main driving force to do the digital dinar much sooner than later.
Samson
Samson – Dinar Guru Article: “Sawiris: The Rose City project in Iraq will include the largest garden in the world.” Quote: “Egyptian businessman Naguib Sawiris described the Rose City project in Iraq as “something never seen before in the Arab region…“
Sandy Ingram
Sandy Ingram – Dinar Guru CBI governor al-Alaq has emphasized Iraq’s financial and banking systems are undergoing fundamental transformations stating paper currencies will decline making way for digital payments issued by central banks. He confirmed the bank is actively working toward launching its own digital currency aligning with trends seen in other central banks worldwide…With transactions moving to a controlled digital space, it will become nearly impossible to maintain a secondary unofficial exchange market…Stay positive, we do not yet know what Iraq will do…
Walkingstick
Walkingstick – Dinar Guru Trump is getting Iraq to repay America in the same way he’s getting every nation that has abused us to repay us back, from NATO countries to Iraq…Trump has always wanted a fair deal whether it be with him selling his buildings or him as a president with our American dollar. Iran and Iraq owe the United States of America a lot of money…I can see it in Trump’s actions, the monetary reform is the #1 thing for him right now. How else is America going to get repaid?
Samson
Dinar Guru – Samson Article: “Erbil and Washington agree on the need to resume Kurdistan oil exports as soon as possible.“
Militia Man
Militia Man – Dinar Guru Article: “German report: Iraq is moving toward issuing a digital currency to eliminate US control over the central bank.“ The part about the “It will have the same value as traditional currencies”, has my attention to be sure, as 1310 Official Exchange Rate today, is not going to be what it will be into the near future, as it is not a traditional value for the Iraqi Dinar. It is not even close to it. imo
Samson
Samson -Dinar Guru Article: “German report: Iraq is moving toward issuing a digital currency to eliminate US control over the central bank.” Quote: “A report by the German website news outl revealed…Iraq has begun abandoning the US dollar in its efforts to launch the Iraqi digital dinar to end the parallel market.”
Sandy Ingram
Sandy Ingram – Dinar Guru When Iraq talks about the digital dinar they are talking about the Central Bank of Iraq’s digital currency, not cryptocurrency. [We] do not believe the older generation in Iraq will accept the digital dinar. They keep their currency under the mattress because that is what makes them feel safe. They have lost money at the banks before.
Militia Man
Militia Man – Dinar Guru The Central Bank confirms they’re ready to launch a digital currency. The central bank in my view has that infrastructure in place at the bank. It sounds like successes are already in place, allows them the ability to say things like, ‘We’re ready to launch digital currency.’ And that’s dinar…It’s a big deal.
Samson
Samson – Dinar Guru Article: “Umm Qasr Ports receives the first giant transport ship from the Korean company HMM“
Mountain Goat
Mountain Goat – Dinar Guru Article: “DIRECT IMPLEMENTATION OF THE ASYCUDA SYSTEM AT ABU FLUOS CUSTOMS IN BASRA” Quote: “The electronic automation system (ASYCUDA) has been implemented at the Abu Flus Customs in Basra Governorate.” The more provinces that have been implemented with ASYCUDA means more revenue streams to Baghdad. They told us years ago that the Customs and Tariffs could rival the oil revenue, if they could only get it managed correctly. They are doing this now and this is yet another sign of this coming to a reality. [Post 1 of 2….stay tuned]
Mountain Goat
Mountain Goat – Dinar Guru …the ASYCUDA system needs to be linked to FOREX to get the most current rates of currencies in order to determine the tariff amount. How can this work without FOREX or some link to the most currency rates, not just the IQD. This is also supported by the WTO, who requires this linkage of data between ports of entry. We should be watching this effort carefully. [Post 2 of 2]
Mountain Goat
Mountain Goat – Dinar Guru Article: “INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”. If you look at the
Dr Shabibi plan to get to the reinstatement you can clearly see…he planned to put the brakes on after each step, then monitor closely for inflation… Folks the process is working…
Clare
Clare – Dinar Guru Article: “America calls on Iraq to end dependence on Iranian energy and welcomes Al-Sudani’s commitment” Quote: “The US State Department called on Iraq to stop relying on Iranian energy sources ‘as soon as possible’...“
Breitling
Breitling – Dinar Gur Very basic. It is an inflated inflation. The inflation was created by how many notes they printed. They are producing more oil when it was worth $2 to $3 a pop…According to General Hugh Tant at one time it was legitimately worth $3. Look at their oil production then, their economy then, the amount of notes they had. They have more customers, producing more oil. All those boxes check off. So what is keeping the value of the dinar down? It is the amount of notes that are out in circulation. That’s it. That’s all it is. Iraq has the opportunity call in those notes and add value to its currency.
Fnu Lnu
Fnu Lnu – Dinar Guru Article: “The Central Bank of Iraq (CBI) has concluded its first quarterly meetings of 2025 with the US Treasury Department and the Federal Reserve Bank, held in Dubai, UAE, with participation from international auditing and consulting firms EY (Ernst & Young), K2 Integrity (K2i), and Oliver Wyman.” Here we see the meetings I reported some days ago are bearing fruit. We should all realize that Iraq has spent many billions of dollars to update their banking system with state of the art features. Understand, A suppressed currency is not tradable internationally due to lack of faith and trust. Such massive ongoing improvements are aimed at a superior currency that will soon debut on the world stage. Unfortunately, we cannot have a definitive timing. It’s coming so just sit tight.
Clare
Clare – Dinar Guru Article: “Government Advisor: 2025 Budget Will Reach Parliament Before End of Ramadan” Quote: “Saleh indicated that the budget schedules are expected to reach Parliament before the end of Ramadan, which falls at the end of March.“
Jeff
Jeff – Dinar Guru What they’ve told us is that going into 2025 they were going to end the currency auctions. We know that much. They did say they transitioned to that new method of transferring foreign currencies abroad… allowing specific local banks within the country of Iraq to send the foreign currencies…But they never officially ended the currency auctions… We know the currency auctions have to end at least by the time the rate changes. We also know that from last November through the end of January the currency auctions went up from about $280 million to $300 million, then in January of this year…went higher from $290 million to $300 million…Their actions of incrementing the currency auctions to higher amounts suggest we’re getting getting very close to nearing the end of this…
Mountain Goat
Mountain Goat – Dinar Guru Articles: “INVESTMENT OPPORTUNITIES ARE EXPANDING…FAO IS PREPARING TO TRANSFORM INTO THE LARGEST INDUSTRIAL CITY IN THE MIDDLE EAST” and “MF CONFIRMS SUPPORT FOR IRAQ IN DEVELOPING FINANCIAL POLICIES” Quote: “the development road will transform Iraq into a pivotal commercial center linking the East and the West through advanced industrial cities extending from Al-Faw to the Turkish border,” All I can say is WOW! WOW! WOW!. How can the dinar ever stay at 1/6 of a penny in the near future?…
Henig
Henig – Dinar Guru Article: “Communication ‘cut off’ between Al-Sudani and Al-Maliki, and Trump will not bring down Baghdad. Saudi report – Urgent” Quote: “American diplomats who had just returned from Baghdad, stating that the Donald Trump administration is reviewing the situation and may issue ‘unusual’ sanctions on Iraq, but in ‘doses similar to chemotherapy.‘ It also quoted political sources in the Coordination Framework, saying that discussions and disagreements have reached the point of ‘cutting off communication’ in recent days between Prime Minister Mohammed al-Sudani, the leader of the State of Law Coalition, Nouri al-Maliki, and others from the Shiite alliance, reflecting a difference in opinion on how to deal with ‘maximum’ American pressure and the almost unstoppable transformations across the region.“
Clare
Clare – Dinar Guru Article: “Iraqi government: We have not been officially informed of Trump’s decision and are prepared for the worst scenarios” Quote: “The Iraqi government revealed, on Saturday, that it had not received any official notification of the decision to cancel Baghdad’s exemption from purchasing Iranian gas by US President Donald Trump, indicating its readiness for what it described as “the worst scenario” next summer“.
Sandy Ingram
Sandy Ingram – Dinar Guru This report is concerning for IQD investors holding IQD banknotes. We have no reason to believe our bank notes are in trouble…It appears many Iraqi people are holding on to their IQDs. However speaking at a conference in Baghdad Ali Mosen Alaq, governor of the Central Bank of Iraq highlighted significant advancements in digital payments. He pointed to a sharp rise in ATMs and e-wallet usage which…have propelled financial inclusion from 20% to 40% within just two years...He… predicted a gradual decline in cash transactions as central banks move toward digital payment solutions. In line with global trends, the CBI intends to develop its own digital currency.
Samson
Samson – Dinar Guru Article: “Governor of the Central Bank: We will witness a comprehensive digital transformation in the financial sector“
Mountain Goat
Mountain Goat – Dinar Guru Article: “INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”. Yes, only 2.8% and this is fantastic and amazing news since this is way in line with acceptable inflation rates for country, according to the IMF...
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