Category Archives: Uncategorized

RVAlready – Dinar Guru   [Finding it a little hard to believe that everything is done, since they keep stalling.]    …hate to say it, but I think the target has been 1 Jan 2019 for quite a while. They just kick the … Continue reading →

Kaperoni – Dinar Guru    …There will never be a re-instatment.  A currencies appreciation depends on a countries economic success.  Nothing happens overnight.  Nothing is happening through the end of the year… Iraq has much yet to do before they can begin to float … Continue reading →

Mountain Goat – Dinar Guru  We are just waiting for the next step.  I know they have a target for EARLY 2019 to reinstate the currency…We almost witnessed this reinstatement last January and if it was not for some factors that occurred … Continue reading →

Adam Montana – Dinar Guru  [I’ve been remembering back to Iraq being removed from Chapter 7 (UN) and some of the process involved….How does current GOI environment compare and what is similar / different getting HCL in place?]   I think the … Continue reading →

Walkingstick – Dinar Guru   The timing/ change of the exchange rate, of.. any country… is not, dictated ..by, the date/s listed on the UN operational rate/s of exchange..

Mountain Goat – Dinar Guru  Article:  “IRAQ IS ONE OF THE WORLD’S RICHEST COUNTRIES”  Quote:  “the Central Bank has a future plan to restructure the Iraqi currency, including the deletion of zeros”.  …to me this looks like there is a long … Continue reading →

MilitiaMan – Dinar Guru   The wind is starting to blow now…imo.  The region is reflecting expectations that Iraq will raise the value of the IQD.  Goldman Sachs today told us they expect the emerging markets to appreciate upwards of 10% to the … Continue reading →

Adam Montana – Dinar Guru   [When did Iraq become a sovereign nation?…]  Iraq has long been a sovereign nation, but they lost some freedoms in 2003 with the overthrow of Saddam. Their currency plummeted in value, they had to travel … Continue reading →

Kaperoni – Dinar Guru So tomorrow we try again to complete PM Mahdi cabinet.  Fingers crossed.

Adam Montana – Dinar Guru  … I’m excited for the new year to roll in!…  At the moment there is a distinct lack of news regarding HCL. I believe there is a good reason for this – and it’s good for … Continue reading →

Mountain Goat – Dinar Guru This is the way I see this playing out. Suddenly Mahdi’s cabinet is completed. The reconstruction funds start to release within a week. But there is a lag since it takes time to get the … Continue reading →

Kaperoni – Dinar Guru  So it looks like PM Mahdi got a few of his cabinet in today but not all of them…so this continues.   PM Mahdi has stated that Thursday’s parliament session will complete the cabinet. 

Kaperoni – Dinar Guru  Like most countries, Iraq would not care if their currency appreciates at the expense of a booming economy.  That is how market forces work. A central bank uses its tools to manage monetary policy based effects in the … Continue reading →

MilitiaMan – Dinar Guru  Article:   “A credit account in riyal and dinar between Iraq and Iran”   Quote:  “Citibank offers letters of credit for buyers in Latin America, Africa, Eastern Europe, Asia and the Middle East who may have difficulty obtaining … Continue reading →

Mountain Goat – Dinar Guru   Many now also have credit and debit cards to pay their bills and so don’t walk around with wads of cash. This enabled the CBI to reduce the 3 zero notes by 2/3, which was part … Continue reading →

Mountain Goat – Dinar Guru   SO WHERE ARE WE IN THIS INVESTMENT RIGHT NOW?  We are waiting for the government to get “fully” formed and settle this political crisis. There is and always has been a requirement to have a fully functional government … Continue reading →

Kaperoni – Dinar Guru   Looks like parliament will try again tomorrow to complete PM Mahdi’s cabinet.  Let’s hope so.

MilitiaMan – Dinar Guru   Article:  “The Arab Digital Economy Conference in Abu Dhabi”  […it seems important  for them to get this “together” for Iraq’s RI….IMO…important for Iraq!] We just learned that they are E-Government ready effectively and Digitization is all … Continue reading →

Mountain Goat – Dinar Guru  Article:  “TO AMEND THE INVESTMENT LAW IN THE COMING DAYS”  Quote:  “The amendment of THE INVESTMENT LAW IS AN IMPORTANT POINT TO ELIMINATE UNEMPLOYMENT AND THE RETURN OF INDUSTRY AND THE PRIVATE SECTOR IN IRAQ … Continue reading →

Mountain Goat – Dinar Guru   What remains in this process to get ready for a reinstatement of the dinar?  They  said that the dinar has gone through the currency reform process and is ready. There is nothing more for the CBI to do … Continue reading →

David M. Witty – Dinar Guru   Source in Iraq says PM Abdel-Mahdi is preparing to send nominee names to Parliament for approval for 6 of 8 unfilled cabinet positions, less Ministers of Defense & Interior, which remain locked in controversy.

MilitiaMan – Dinar Guru   If we look at the value he places on the 6 billion dinar you get $.83 per unit or dinar in dollar terms. 6 bln IQD = 5 mln USD or $.83 per USD. So then that means … Continue reading →

MilitiaMan – Dinar Guru   Article:  “In an interview with “The New Arab”, Muhsin al-Alaq, Acting Governor of the Central Bank of Iraq , talks  about a difficult monetary and financial stage that has passed through his country,…”   The Alak interview … Continue reading →

Adam Montana – Dinar Guru   …when the HCL is done, it is done.  There are a relatively small number of moving parts to a finalized HCL – it’s a Law that is pretty clearly defined in purpose and intent.

Phillyman – Dinar Guru  Article:  “Hitti: Investors are waiting for the government to stabilize its commitments”    …it has been fascinating for me to follow the news about the fight against ISIS then the start of investment coming into Iraq.  Investment conferences … Continue reading →

Mountain Goat – Dinar Guru   Many are saying the dinar is now international. Is this true?  Confirmed by the CBI – DINAR IS NOT YET INTERNATIONALLY REINSTATED.  The CBI also wanted to tell me that Iraq’s currency is NOT yet internationally recognized … Continue reading →

Adam Montana – Dinar Guru   […in ur opinion…when is the time to give up?]   If they were to lop their currency for a net 0 gain, then it’s over.  The odds of that happening are definitely not high.

Mountain Goat – Dinar Guru   In Europe we hearing you are already educating the citizens on the new smaller category notes. Is this true?  Yes, the CBI has recently launched the issuance of the second edition of banknotes categories (25000, 10000.1000, 500.250) … Continue reading →

Chattels – Dinar Guru    […its almost a new yr. lets see what that brings us…]   Always more optimistic in the first quarter of the new year.

Adam Montana – Dinar Guru   I’m not sure if we can expect to see a 2018 RV, but 1st quarter 2019 looks extremely promising.  Prove me wrong, Iraq…