Category Archives: Uncategorized
Pimpy
Pimpy – Dinar Guru Article: “The price of a barrel of Brent crude oil reaches $62.34” It seems like it’s going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …Taxes and Tariffs, Liquid Natural Gas, Tourism, Phosphates, Sulfur, Gold, and on an on, will support their REER (Real Effective Exchange Rate)!! Big time…imo…
Mountain Goat
Mountain Goat – Dinar Guru …as far as I know, the only way they can pay for imports if they cancel the currency auctions is to use the dinar. If they use the dinar it will have to be globally tradable. … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru There has been some good things happening. What we believe that we’re seeing is a change that’s being presented on foreign currency sites that shows some support for what we’ve been talking about…what the IMF…the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This … Continue reading
Mountain Goat
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
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
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
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
Walkingstick – Dinar Guru Lifting the 3 zeros from their exchange rate should be a hot topic in articles in the near approximate future.
Petra
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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