Category Archives: Uncategorized

Kaperoni – Dinar Guru  Question: “They have a very large budget ,without an increase in rate how do they meet the projects that is lined up?“  External expenses are paid in dollars since their primary revenue is dollars. Dinar is used to pay salaries, … Continue reading →

Pimpy – Dinar Guru  Iraq was already a member of the World Trade Organization.  They are going through the ascension process for a second time.  That’s because all the rules, regulations, understandings and business practices…changed once the fall of Saddam Hussein.  Now … Continue reading →

Samson – Dinar Guru  Article:  “Iraq – Formal Resumption of Iraq’s Accession to the WTO“

Militia Man – Dinar Guru  If they change the value of their currency they’re going to have more surpluses…The oil price is about $70 in the 2023 budget.  That hasn’t changed for ’24 or ’25 because that’s a tripartite budget.  … Continue reading →

Militia Man – Dinar Guru  If they were reducing the note count all this time, for years, is that 90 trillion outside the [central] bank for real?

Kaperoni  – Dinar Guru  Community Comment: “Hopefully in the next 5 yrs we will see an appreciation of the currency  price, based on the last year of progress.”  I agree!  Iraq has an excellent opportunity now to diversify their economy and develop  the … Continue reading →

Pimpy – Dinar Guru  There’s this misconception that the World Bank, IMF and the BIS get to tell countries what to do.  They don’t…They facilitate.  They make recommendations but they don’t control a country’s bank…

Samson – Dinar Guru Article: “Iraq at the current stage is unable to exit the policies of the US Federal Reserve,”

Militia Man – Dinar Guru  Iraq is moving forward.  They’ve got huge reserves…increased their gold, they’re going to have the private sector, their stock exchange is going to be one to reckon with.  It’s an emerging market and a lot of money … Continue reading →

Clare – Dinar Guru  Article: “The Iraqi Parliament receives the 2024 budget schedules”

Pimpy – Dinar Guru  Article:  “A reading in the fiscal and monetary policies of the IMF report – May 2024”   This is not good, mostly because they rely so much on oil revenues and they need to develop the private sector more…Yes … Continue reading →

Kaperoni – Dinar Guru  Article: “Specialists: Economic integration and job opportunities await development”  Integration with the global economy, diversifying resources is the only way for Iraq to move forward. Finally we’re beginning to see such steps.

Clare – Dinar Guru  Article:  “The Central Bank begins the second phase of its banking reform strategy”  Quote: “what will be achieved from the second phase of the banking reform strategy will be reflected in the stability of the exchange rate … Continue reading →

Pimpy – Dinar Guru   Article: “Floating the Iraqi dinar.  A solution to fill a ‘gap’ whose volatile price against the dollar”  If the Iraq dinar floats and for whatever reason a lot of people start investing into the currency and … Continue reading →

Mountain Goat – Dinar Guru  Folks just remember I am telling you that Iraq already has a value to the dinar way above the 1/6 of a penny. They do not have to develop the private sector to raise the dinar, the … Continue reading →

Pimpy – Dinar Guru  Question:  “Is it true the USA invested $60 billion into IQD?”  No.  That’s a rumor.  That’s been going on for years and years and years.  Nobody and I mean absolutely nobody out there has any proof that that’s true.  It’s … Continue reading →

Kaperoni – Dinar Guru    …No need for any lower denominations at the current time…

Clare – Dinar Guru  Article Quote:  “Members of the Security Council support ending the mission of the UNAMI mission in Iraq”  Quote:   “A number of members of the UN Security Council – including Russia and China – yesterday, Thursday, supported … Continue reading →

Samson – Dinar Guru  Article: ”The Security Council supports Iraq’s request to end UNAMI’s mission… and an ambiguous American position“

Militia Man – Dinar Guru  Saleh says if you do a float it’s dangerous, it’s going to turn out to be unruly…He also said he’s going to have a mixed or managed float, which is going be stabilizing…They had about 4 articles about … Continue reading →

Clare – Dinar Guru  Article “Adjourning the session to elect the Speaker of Parliament until further notice”   Quote  “It is noteworthy that a quarrel and fistfight occurred between representatives Muthanna Al-Samarrai and Haibat Al-Halbousi inside the House of Representatives hall during the … Continue reading →

Clare – Dinar Guru Article: “Floating the Iraqi dinar…a solution to fill the “gap” of its troubled price against the dollar”  Quote: “The flotation scenario also means “the withdrawal of the monetary authority as the main central offerer of foreign currency, … Continue reading →

Samson – Dinar Guru   Article 1:  “Floating the Iraqi dinar…a solution to fill the “gap” of its troubled price against the dollar“  Article 2: “The persistence of the dollar gap disturbs the Sudanese government’s service successes..’Newspaper’ analysis“

Mountain Goat – Dinar Guru   Yes, we all want to know what is the holdup of the RV and I say there is no holdup, only time…The process must just play out. The plan of Dr Shabibi must be executed and there … Continue reading →

Militia Man – Dinar Guru  Article:  “The Finance Committee ‘knows nothing’ about the budget tables”  Al-Sudani has been holding his cards so ever close to the chest. The looks of it now is that he will not expose the 2024 schedule … Continue reading →

Pimpy – Dinar Guru  We are seeing a renaissance take place over in Iraq. But the same issues that are keeping it from really taking off and giving Iraq the type of boom it really needs in its economy and its growth … Continue reading →

Militia Man – Dinar Guru  Article:  “Securities Commission: We are studying the possibility of licensing brokerage companies to trade in shares on international stock exchanges”  Get ready because each and every one of us that have a brokerage account may in … Continue reading →

Kaperoni – Dinar Guru  Article:   “IMF Executive Board Concludes 2024 Article IV Consultation with Iraq”  My preliminary review are the Article IV Consultation clearly emphasizes the urgency to diversify their economy in raising non-oil revenue…There’s also significant discussion encouraging Iraq to continue to develop … Continue reading →

Kaperoni – Dinar Guru   These comments from the IMF are obviously meant to encourage them that the opportunity is now to develop and accelerate economic growth…as well as to take significant steps forward with their banking system engaging with banks … Continue reading →

Clare – Dinar Guru Article: “Iraq increases its possession of gold by more than three tons, bringing the total to 145,661”  Quote “Iraq’s gold reserves witnessed a noticeable increase during the month of February 2024, as International Monetary Fund data showed that … Continue reading →