Category Archives: Uncategorized
Clare
Clare – Dinar Guru Article: “Withdrawing has become easier.. Al-Rafidain begins deploying ATM machines in institutions and malls” Quote: “Al-Rafidain Bank begins deploying ATM machines in its main branches, and then institutions, commercial areas, and malls, respectively, in implementation of its strategic objectives”
Samson
Mountain Goat
Mountain Goat – Dinar Guru …Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open…the final issues preventing the reinstatement are being … Continue reading
Kaperoni
Kaperoni – Dinar Guru Floating the currency is the best option but only once they have created a diverse economy that is not dependent solely on oil.
Militia Man
Militia Man – Dinar Guru The black market is going to exist if the United States dollar is less than the Iraqi dinar…There’s not much demand for the dollar now…They’ve got it under control. Is it showtime? I sure hope so.
Pimpy
Pimpy – Dinar Guru Article: “Oil slides to four-month lows as OPEC+ deepens bearish sentiment” If oil prices continue to fall, where is the incentive for Iraq to increase their exchange rate?
Mountain Goat
Mountain Goat – Dinar Guru …Iraq’s exit from the list of “high-risk countries” …was officially announced by the International Task Force (FATF) last week. Yes, “the writing is on the wall” now as this is the BEST news…Iraq’s exit from the list of … Continue reading
Buckeyetree
Buckeyetree – Guest Guru Iraq continues to transform into the modern era with banking and now fiber optics. With security and stability and safety (banking laws against terrorism and corruption), investors / companies will find a good environment to do … Continue reading
Clare
Clare – Dinar Guru Article: “Kuwait connects its “Fiber” network to Iraq” Quote: “Iraq will be a major corridor for passing the network, not only in the Gulf. But for the countries of East Asia, it will be synonymous with … Continue reading
Mike Bara
Mike Bara – Guest Guru I want to say that this is not a rumor. I am not passing on a rumor…I know a guy…he got a call from a High corporate banking official from a major bank. And he … Continue reading
Clare
Clare – Dinar Guru Article: “Parliamentary Committee: The investment law will see the light soon” Quote: “Member of the Investment and Development Committee, Muhammad Al-Zayadi, confirmed…the next legislative term will witness amendments to the investment law.“
Militia Man
Militia Man – Dinar Guru I don’t care if you’ve been in this for 20 years. What we’re seeing now is completely different. It’s a progression. Some people don’t like the progression. They just want it to be over and done. Welcome to … Continue reading
Clare
Clare – Dinar Guru Article: “Parliamentary Finance explains the reason for postponing the publication of the budget tables after the Eid holiday” Quote: “A member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, confirmed on Wednesday that the committee requested that the budget tables … Continue reading
Samson
Jeff
Dinar Investor – Jeff I told you guys the court would be overturning the budget because it is unconstitutional…I basically predicted the future for you. It’s getting close to happening. They’re most likely going to do this next week. Article: … Continue reading
Samson
Samson – Dinar Guru “Jordan considers Iraq one of its ‘most important’ key partners in the investment field”
Kaperoni
Kaperoni – Dinar Guru There is no RV. Iraq could never afford any significant increase in the dinar. And delete three zeros is a neutral event. No gain on the currency value. We hope this does not occur. The only way the … Continue reading
Jeff
Dinar Investor – Jeff The central bank announced their 3rd strategic plan…They’ll be increasing gold reserves…they also said they’re going to offer new issues of high quality currency and reduce the deficit…
Nader
Nader – Dinar Guru Last week…I said Iraq government start a new white paper, it’s all about the currency. From here to the 8th of July we should have an answer. What they going to do – Are they going to … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “…this year will witness a significant and tangible change for the citizens.” 1310, if going into the future, is not…a significant tangible change…We already know Alaq said he was going to have to … Continue reading
Samson
Mountain Goat
Mountain Goat – Dinar Guru If you step outside of Iraq, when they finally do reinstate the dinar, the exchange of the three zero notes…will exchange to whatever the currency exchanges i.e. FOREX rate is at the time.
Militia Man
Militia Man – Dinar Guru When you drop three zeros it creates value. It’s that simple. When you add a real effective exchange rate to that value that’s created from dropping the three zeros, that’s when the fireworks begin.
Kaperoni
Kaperoni – Dinar Guru Monetary policy in any country is never a random act or arbitrary decision. It’s the result of progress. Until Iraq passes the needed legislation to encourage investment, the dinar will continue to remain weak.
Sandy Ingram
Sandy Ingram – Dinar Guru The Central Bank of Iraq denied issuing a new currency denomination. The decision highlights the bank’s confidence in the strength and stability of the Iraqi dinar, Even as other economies toy with the idea of introducing … Continue reading
Kaperoni
Kaperoni – Dinar Guru “…New currencies coming out in Iraq”. Not true, the Iraqi dinar is the currency of Iraq. As far as any new smaller denominations, they will be introduced only as needed if and when the value increases … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “You will start with the transfer of 2 billion dinars” Quote: “Parliamentary legal department, the budget will be dispersed and will not be affected by appeals.” There’s been some misunderstanding about that out there…
Clare
Clare – Dinar Guru IN 2023 THERE WAS AN APPEAL ON THE ACTUAL BUDGET… BUT WAS RULED OUT THROUGH THE COURTS. THE TRIPARTE BUDGET WAS LEGALLY PASSED, SENT TO THE PRES. WHO SIGNED IT AND WAS PUBLISHED IN THE GAZETTE. Today’s … Continue reading
Jeff
Dinar Investor – Jeff You don’t want the budget to be approved because if it’s approved, it’s approved with dinar at today’s Central Bank value, 1310. What you want is the court to overturn the approval.
Mountain Goat
Mountain Goat – Dinar Guru …the IMF is not going “lop” the Iraqi dinar. A “lop” is a tool the IMF uses to restart a currency from massive inflation. …We also have articles for Iraq telling us they WILL NOT … Continue reading