Category Archives: Uncategorized

Kaperoni – Dinar Guru  Iraq doesn’t prosper by raising their exchange rate, Iraq prospers by creating the conditions for the world to invest in Iraq.  A country’s exchange rate ultimately is a reflection of that success, not the other way around.

Militia Man – Dinar Guru  I don’t think anybody’s going to be able to prove me wrong, you drop the three zeros, the exchange rate changes from 1 USD to 1.32 just like al-Sudani says.  Do the math it comes out to .76, … Continue reading →

Pimpy – Dinar Guru  Article: “Iraqi Dinar:  IBBC issues major new paper on De-Dollarization of Iraq”  There’s a new study/report that has been released…As you can imagine it talks about the currency state that Iraq is in, steps that need to be … Continue reading →

Nader – Dinar Guru  Iraq wanted to de-dollarize.  They start de-dollarizing in January but it didn’t work for them too much.  The government didn’t expect that to happen even by telling them that the dinar are stronger…use the dinar instead of the … Continue reading →

Nader – Dinar Guru They’re going to have to go down in the exchange rate for the de-dollarization…They’re going to have to change their exchange rate…Between now and 8th of July we should have an answer… what they going to do?  Are … Continue reading →

Clare – Dinar Guru  Article: “Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy.”

Mountain Goat – Dinar Guru   I wanted to share an interesting conversation I had…with my CBI contact this past Wednesday…I was told that the committee to work on the Project to Delete the Zeros has sent the CBI prepared … Continue reading →

Yada – Dinar Guru  Article: “Parliament sets next Monday as the date for the session to approve the budget schedules”  …we are not waiting on their vote, their vote will happen after the release of the rate. IMO, the rate for the … Continue reading →

Kaperoni – Dinar Guru  Community request: “What are the so many reasons for no revaluation please.”  The first reason which is the most important is there’s almost 100 trillion dinar in circulation. Iraq’s net worth including all minerals and oil in the ground … Continue reading →

Sandy Ingram – Dinar Guru  Last week marked a sensational milestone for the central bank of Iraq.  In a stunning financial twist, foreign remittance sales skyrocketed by a whopping 90%, surpassing cash sales by over $252 million…The majority of these sales…were … Continue reading →

Pimpy – Dinar Guru Article: “Economist:  The budget is not affected but dollar exchange rates.  And explain the reason”  The person is saying the budget is never affected by the dollar exchange rate because the budget is based on Iraqi dinars.

Clare – Dinar Guru  Article: “Economist: The budget is not affected by the dollar exchange rates… and explains why”  Quote: “…because Iraq will receive the dollar from oil exports, and on the contrary, revenues increase with the increase in dollar … Continue reading →

Militia Man – Dinar Guru  Article quote: “If we assume the Central Bank issues a new currency this will not affect the exchange rate of the Iraqi dinar.”  This guy is not wrong…It won’t in my view.  The exchange rate will affect the … Continue reading →

Mountain Goat – Dinar Guru  …we read three articles about the CBI official rate equaling the Parallel or Black market rate in the coming days. WOW!…Saleh, the prime minister’s financial advisor, then goes on to say this will make one dinar equal … Continue reading →

Samson – Dinar Guru  Article: “Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate”

Militia Man – Dinar Guru  If you raise the value of the currency it’s going to have a ripple effect…Instead of being a pebble…or a brick in the pond this might be a boulder.  There’s going to be some waves.  The World … Continue reading →

Kaperoni – Dinar Guru The dinar when it floats will be whatever the current exchange rate is and could rise gradually accordingly.

Clare – Dinar Guru   Article:   “Experts expect the dollar exchange rate to fall and reach parity with the official price”  Quote:  “Financial experts expected the parallel dollar exchange rate to fall and reach parity with the official price.”

Mountain Goat – Dinar Guru   The train is moving faster down the tracks now than ever before…In fact, Iraq has come right and told us this is going to end with the Iraq dinar regaining it’s former strength.

Fnu Lnu – Dinar Guru  Much has been made of the number 90 Trillion. This is the alleged number of Dinar at large…I do not believe this number is valid and here’s why.  1) There are always casualties such as fire & … Continue reading →

Fnu Lnu – Dinar Guru  It had to be trillions. Much to my surprise, the jet was eventually cleared to take off.  However, it was no surprise to hear the jet was registered to Nuri Al Maliki. The jet landed in Zurich … Continue reading →

Pimpy – Dinar Guru  I agree it’s going to happen.  I don’t have doubt about that.  I’m just keeping an eye on whether or not they want to delete the zeros.  If they go to a free floating market hopefully there … Continue reading →

Militia Man – Dinar Guru     If they’re going to have liquidity and they don’t have it now it’s going to require new small category denominations to be in circulation.  Just as al-Alaq’s project to delete the zeros would require new denominations.   Did … Continue reading →

Militia Man – Dinar Guru  Article: “March 11, 2024 Iraq government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 instead of 1,320 dinar.  Implementing such a decision is likely … Continue reading →

Clare – Dinar Guru  Article “The Central Bank of Iraq “denies” issuing a currency in the category of (100) thousand  dinars”  Quote “The Central Bank of Iraq denies issuing a new currency in the denomination of (100) thousand dinars, indicating  that … Continue reading →

Mountain Goat – Dinar Guru  Samir Al-Nusairi, the Central Bank announced that it will launch the national lending strategy on 5/25/2024, which is a clear announcement of the beginning of the second phase of its banking reform strategy…CBI announces it has completed … Continue reading →

Militia Man – Dinar Guru  In 2016 Gold was right around $1,500 bucks an once and today it’s running $2,300 to $2,400 bucks an ounce.  They increased that gold supply by about 40 tons…Their currency reserves are around $110 billion.  They have … Continue reading →

Clare – Dinar Guru  Article:  “In light of the Middle East conflict, the World Bank expects oil prices to exceed $100″  Quote:  “The bank said in a report published today that a severe price disruption could lead to oil prices exceeding $100 … Continue reading →

Samson – Dinar Guru  The World Bank said on Friday that the disruption of oil supplies if the conflict escalates in the Middle East could lead to a rise in global inflation rates.

Militia Man – Dinar Guru  Once you apply a real effective exchange rate you become Article VIII compliant, Article IV compliant with the IMF you’ll have a valuation of what the country is worth…