Category Archives: Uncategorized

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… 

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.