Category Archives: Uncategorized

Henig – Dinar Guru  Article: “Iraq among most prominent countries to buy gold in 2022”  Quote: “Gold reserves in Iraq represent 8.7 percent of its total international reserves…Regarding the largest Arab countries owning gold, Saudi Arabia continued to lead the list … Continue reading →

RVAlready – Dinar Guru  Article:  “Parliament publishes the agenda for next Saturday’s session”  We must remember there is no requirement for the budget to RV. The CBI could launch the RV tomorrow morning.

Mountain Goat – Dinar Guru  “THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR”  It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside … Continue reading →

Paulette – Dinar Guru  Parliament having their first session is irrelevant IMO.  They cannot work on passing the budget until they receive it.  Sudani’s GOI has not passed it yet.  All laws, including the budget, have to pass the GOI prior to … Continue reading →

Nader – Dinar Guru   I think it’s going to be on Forex…and that day you’ll be International I think they’re going to come out with a new currency.  But for now they’re not saying anything.  They’re talking about it but they’re … Continue reading →

Clare – Dinar Guru  Article:  “Government movement to complete the requirements for Iraq’s accession to the World Trade Organization”  Quote:  “The ministry’s plan during the current year includes completing technical accession files in terms of goods, services and intellectual property, in … Continue reading →

Henig – Dinar Guru  Question:  “I thought the Parliments legislative term started on the 9th?” There’s been a LOT of misinformation back and forth…Lots of conflicting info, lots of stuff that just doesn’t make sense, but when you step back and think … Continue reading →

Mountain Goat – Dinar Guru  Finally, we hear overtones and direct convictions of some of the real problems with the dinar and the currency policy in Iraq now in place. …We all need to settle down and relax. The reinstatement is … Continue reading →

Clare – Dinar Guru  Article:  “Al-Janabi: The Central Bank is able to restore confidence in the Iraqi dinar soon”  Quote: “this problem, which confused the state of the Iraqi market, will soon be resolved, and the central bank is able to … Continue reading →

Pimpy – Dinar Guru   The last two months have been very rocky for the IQD only because of all the speculation out there.  There’s a lot of people that want to keep the Iraqi dinar unstable and they did … Continue reading →

Kaperoni – Dinar Guru  Iraq is beginning to create the conditions to launch a float of the Iraqi dinar. Large Central Bank Reserves, creating a private sector economy, all are conditions and requirements for the success of floating…one [article] specifically talked … Continue reading →

Paulette – Dinar Guru  Many try to compare Vietnam and Iraq when evaluating the currency.  Most of these comparisons are flawed: “…Vietnam has a very low rate and their economy is one of the fastest growing…”  This is a totally irrelevant … Continue reading →

Paulette – Dinar Guru  Vietnam has been officially acknowledged to be Article 8 compliant, Iraq has not.  Additionally, the CBI has clearly stated their intent to implement the “Delete the Zeros” project.  Vietnam has not made any such claims.  Bottom line, comparing Iraq … Continue reading →

Kaperoni – Dinar Guru  Launching a float is not a simple event it’s based on the economic growth and laws that are in place…

Pimpy – Dinar Guru  People were told that you cannot exchange your dinar unless you have a humanitarian project.  That’s false… that’s another thing out there that drives me crazy.

Clare – Dinar Guru  Article:  “Parliamentary expectations for the arrival of the federal budget before the start of the second legislative term”  Quote:  “Parliamentarians expected the federal budget to arrive before the start of the second legislative term, which will … Continue reading →

Mountain Goat – Dinar Guru   Iraq started the process of joining the WTO 18 years ago…the process was delayed due to corruption in Iraq… due to political and economic instability this was stalled until 2017…Since then, the fast-tracking process is … Continue reading →

Walkingstick – Dinar Guru   The 3-zeros are going to drop gradually as the IQD floats internationally.  You will see the exchange rate go from .000 to .00 to .0 to . – that’s the float.

Pimpy – Dinar Guru   The re-denomination of the Iraqi dinar…too much has happened with the Iraqi dinar for it to continue to exist in its current state.  Something needs to be done about that.

Clare – Dinar Guru  Article:  “Minister of Oil: We have achieved more than $115 billion in exporting crude oil for the year 2022“

Nader – Dinar Guru  The only way for you to be comfortable and say okay it’s time or it’s close is when you see him change currency.  When you see him [CBI] come out with a new currency and stop buying … Continue reading →

Sandy Ingram – Dinar Guru  This is an extremely important lesson and real case study of the Central Bank of Egypt’s decision to float the currency.  We are sharing this information so you know what to expect or not expect should and … Continue reading →

Sandy Ingram – Dinar Guru  One of the conditions required Egypt to float their currency…the immediate results were high prices and…a sudden widening of the exchange rate between…the black market and the Central Bank of Egypt’s currency rate…The value of … Continue reading →

Mountain Goat – Dinar Guru  Article:  “FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES”  Quote:  “the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars…”  They have … Continue reading →

Mountain Goat – Dinar Guru   Did they finally get it under control using the new platform installed by the US Treasury?   Remember it was going over 200 million most weeks and the difference was being stolen and not part of the … Continue reading →

Pimpy – Dinar Guru  I think this [stability of the dinar] is going to be an issue for the first couple of months going into 2023 but after that there should be some stability and then growth for the Iraqi dinar…

Paulette – Dinar Guru  If the new rate does not directly apply to both old and new currency, the CBI will have created a Multi Currency Practice structure in violation of the IMF Article 8.  Therefore, the IMF will not be able … Continue reading →

Militia Man – Dinar Guru  Article:  “Iraq achieves the largest purchase of US Treasury bonds in 10 years”  Iraq holding US Treasury Bonds doesn’t suggest their is an issue with the value of the Dollar or they wouldn’t be net buyers. They … Continue reading →

Nader – Dinar Guru  Two things you’re gonna see.  When they stop selling and buying [dinars] at the banks for a week or two.  When you see new very small currency come out – 1, 5, 10, 20 maybe 25, 50, 100.  … Continue reading →

Pimpy – Dinar Guru  The news as usual has to do with the dinar exchange rate.  Every day one to two articles about changes to the exchange rate, thought about changes to the exchange rate, Central Bank of Iraq saying there’s no … Continue reading →