Category Archives: Uncategorized

Mountain Goat – Dinar Guru  …another tip for us is to watch what the GOI is about to do with the collections of the customs and tariffs. They have told us there is an electronic service to be used for this … Continue reading →

Mountain Goat – Dinar Guru  I have told everyone so many times already that the VERY BEST time for the CBI too reinstate the dinar is at the beginning of a new fiscal year. The fiscal year begins in January. They have no … Continue reading →

Mountain Goat – Dinar Guru   The finance ministry is telling us that they expect to pass the final 2021 budget this Saturday or Sunday. It is a two-year budget. Kurdistan is the holdup but as usual, they will work out negotiations with … Continue reading →

Petra – Dinar Guru   I want everyone to understand that they are throwing around a lot of confusion.  A huge amount of confusion…I believe we are in the end days of this…

Walkingstick – Dinar Guru  Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.

Petra – Dinar Guru    Last Monday who was in Iraq ?  Everybody!  The UK .  The IMF.  The GCC.  The IGBC.  Everybody and their mother was in Iraq last Monday.  Did we hear what that was all about?  No…obviously they were … Continue reading →

Mountain Goat – Dinar Guru …we must go back to what we know for sure. The CBI confirmed that the Bona service will be launched on the tenth of February. …Bona is a platform that provides real-time clearing and settlement services for cross-border … Continue reading →

Dinar Investor – Jeff   This news is red hot.  Article:   “The World Bank: Iraq is experiencing its worst crisis since 2003…We put a large financial portfolio for it – Urgent”   …The World Bank just came out this morning releasing … Continue reading →

MilitiaMan – Dinar Guru   …BUNA is to go live on the TENTH.. The CBI has a new digital system they launched. The CBI states they have approved the new exchange rates. Well the first one was done already, the next rate … Continue reading →

MilitiaMan – Dinar Guru  Article quote:  “The Central Bank of Iraq had previously signed an agreement with a number of local banks and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund,”  Get ready for … Continue reading →

MilitiaMan – Dinar Guru  “Economic: Parliament cannot change oil prices and the dollar in the 2021 budget”  So they have it now set in stone. The Central Bank approved the new exchange rates and they are not to be challenged by the … Continue reading →

Militiaman – Dinar Guru  Article:  “Al-Karawi: 5 files have not been resolved yet in the budget law”  Quote:  “All expectations indicate that the next week will be decisive…”  Next Week starts tomorrow. The data…suggests they have voted on many things. Much … Continue reading →

Mountain Goat – Dinar Guru   Oh yeh, the budget has a new rate in it… It’s the new de-valued rate of 1450…Okay having said this they can still delete the zero making the rate $1.45 dinar to $1.00 dollar (inside Iraq). … Continue reading →

Kaperoni –  Floating would harm the economy right now…without exports and a private sector, the dinar would devalue. Until they pass laws, create a private sector and invite foreign investment and diversify Iraq will continue to struggle. Only Iraq can change … Continue reading →

Dinar Investor – Jeff   Article:   “Parliamentary Finance meets with official from the World Bank”  In the past they’ve never really had the World Bank and the IMF involved with budgets.   The reason they have the World Bank involved with … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Sairoun: Raising Or Lowering The Exchange Rate Of The Currency Is The Exclusive Authority Of The Government”    The reducing the price of the local currency is not going to happen again. 1182 Didn’t work 1190 didn’t work … Continue reading →

Kaperoni – Dinar Guru   …there is no intent to redenominate the dinar…First it would take parliament approval, and second their would be no reason to encourage exchange and settlement among middle east countries (Buna) and eventually the world if they … Continue reading →

Dinar Investor – Jeff   Article quote:  “the idea of raising the price of the dollar is an international policy shared by the Ministry of Finance, the Ministry of Planning and the Iraqi government, especially the International Monetary Fund.” …since they … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Advisor to the Prime Minister: Creating new electronic payment cards that will enhance the advancement of services provided to citizens”   DIGITAL MONEY!!! I seriously like to hear this. They told us about this… It is and … Continue reading →

MilititMan – Dinar Guru  Article:  “Al-Yasiri: The Central Bank’s initiatives have contributed to employing the unemployed and moving stalled projects”  Quote:  “the aim of changing the exchange rates is to support the Iraqi product in competition with imported products…He explained that … Continue reading →

BGG –   …for the first time, maybe ever – they are actually using language that implies some tie of “raising the exchange rate” to the new budget?!? BGG ~ Kinda’ odd how this was edited to look a certain way. Here’s … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Parliamentary Finance expects: Approval of the 2021 budget within the next two days”  I cannot imagine, them not passing this week for a vote. They know there is to much at stake now. There is apparently … Continue reading →

Adam Montana – Dinar Guru     [Iraq is trying to defer payment of debt to Kuwait because of their current financial crisis.  What does this signify in regards to an RV?  If the deferment is granted, does this affect the … Continue reading →

Kaperoni – Dinar Guru  If we are to get excited about anything in Iraq of late read up on the Buna payment system. This will create demand and facilitate exchange in Middle East currencies. The end result could be growth of the … Continue reading →

Adam Montana – Dinar Guru   [I truly believe the “HCL” will be done simultaneously with the Budget 2021 or immediately afterwards…Your thoughts?]  I’m mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn’t mean it has … Continue reading →

RVAlready – Dinar Guru  Time to finish the RV. I’m sure the rate has been set by now. Just waiting for CBI to announce. Ready for the number!!!

Kaperoni – Dinar Guru  The Buna payment system which is part of the Arab Monetary Fund announced a few months ago that the Iraqi dinar would be joining the program. Today, they announced a relationship with JP Morgan Bank for settlements in … Continue reading →

Petra – Dinar Guru  Article:  “Finally, the 2021 budget is ready for approval in Parliament”   Quote:  “the Parliamentary Finance Committee will, next week, distribute copies of the revised draft of the Maronite law to the heads of political blocs 24 hours … Continue reading →

Dinar Investor – Jeff   Article: “Shocking parliamentary warning: The dollar may rise to 500 thousand dinar”  …this is not even from the Central Bank…this article is pure trash…Anytime financial information is put out in the news if it’s not from … Continue reading →

Adam Montana – Dinar Guru   [Do you think Iraq will go to a digital currency?  And Do you feel it will happen at the same time, before or after the rv?]  Eventually, yes. After.  The timing for an RV is good … Continue reading →