Category Archives: Uncategorized
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
Pimpy
Pimpy – Dinar Guru Let’s go ahead and address a rumor that’s going around…the exchange rate is going to be $28 to 1…When I heard that I damn near fell out of my chair…There’s so many people kind of getting excited … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq bids farewell to the list of high-risk countries” Quote: “Observers and specialists in political affairs expressed their optimism about Iraq’s exit from the list of ‘high-risk countries’ that was officially announced by the International … Continue reading
Samson
Samson – Dinar Guru Article: “Including transfers and attracting investors.. The Supreme Judiciary determines the advantages of removing Iraq from the gray list” Quote: “The Supreme Judicial Council identified the advantages of removing Iraq from the list of high-risk countries…”
Militia Man
Militia Man – Dinar Guru You kind of need the IMF article VIII compliance and that’s what we’re waiting for which is a real effective exchange rate. I think these guys are about ready to expose that. I think al-Sudani…Alaq from the … Continue reading
Jeff
Jeff – Dinar Guru At this time the budget is not published in the Gazette. The budget has not been implemented because it can’t be implemented until the court finishes their appeals on it.
Mountain Goat
Mountain Goat – Dinar Guru Iraq…when ready, they will drop the three zeros and give the citizens so many days to turn them in the old three zero notes for exchange of the new lower currency denominations. This exchange will most … Continue reading
Kaperoni
Kaperoni – Dinar Guru It’s already stated Iraq plans to end the currency auctions by the end of 2024…In several articles…they also mentioned that Iraqi banks will have to establish banking relationships with the global and regional banking sector. This can only … Continue reading
Pimpy
Pimpy – Dinar Guru [Reaction to Iraq Update Video below] Pay attention, this is the youth of Iraq. They’re very very hopeful. Like I said before, even if they delete the zeros that doesn’t mean all is lost. If you really believe Iraq’s … Continue reading
Clare
Clare – Dinar Guru Question: “Wonder if the budget made it into the Gazette?” NO IT WAS NOT IN THE GAZETTE TODAY [Saturday].
Militia Man
Militia Man – Dinar Guru Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up. They’re going to have lots of different little things happen to them … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The electronic systems are taking hold…This will allow the shrinkage/withdrawal of the tangible currency notes from the market that is needed in the process to Delete the Zeros…a critical part of it…I can remember hearing as … Continue reading
Pimpy
Pimpy – Dinar Guru My question is whether or not Iraq is going re-denominate the Iraqi dinar because then [if they re-denominate] the Iraqi dinar isn’t going to create a lot of millionaires. I’m hoping that they’ll change the exchange rate and … Continue reading