Category Archives: Uncategorized
Pimpy
Pimpy – Dinar Guru You guys got to be careful. When everybody’s like, ‘Oh, yeah we want the deletion of the zeros’. Oh no you don’t. No you don’t…You’re all cheering it on. I was like no, don’t cheer it on. … Continue reading
Clare
Clare – Dinar Guru Article: “After a break of more than 9 years.. the resumption of a government trade meeting between Iraq and America“
Samson
Samson – Dinar Guru Article: “After a break of more than 9 years…the resumption of a government trade meeting between Iraq and America“
Paulette
Paulette – Dinar Guru Community Comment: “Iraq on May 9 ascends to FULL membership in the WTO” I hope you are correct regarding the WTO. However, the documentable facts and articles regarding this issue would say otherwise. Don’t misunderstand, the documentable … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Can you see just how close Iraq is to fulling Al-Sudani’s promise of making the dinar a proud national currency once again. Also remember too that he did say it “was” valued over a dollar … Continue reading
Militia Man
Militia Man – Dinar Guru People are really excited because the data we provide supports that Iraq is having things ready to go and done.
Pimpy
Pimpy – Dinar Guru What’s going to happen to the Iraqi dinar? Once it reaches an acceptable rate by foreign currency holders such as us, then you’re going to flood the market with Iraqi dinars aren’t you? Yes you will. If it gets anywhere … Continue reading
Dallasdude
Dallasdude – Dinar Guru ..as stated 1st round of task complete, second round of task is still a work in progress, fully expect the ninth to come and go with Iraq still on the outside looking in, good thing is they … Continue reading
Samson
Samson – Dinar Guru Article: “Al-Sudani: Iraq is moving today to the stage of revitalizing the economy and consolidating sovereignty”
Yada
Yada – Dinar Guru …the news is outstanding regarding the progress of the Council of ministers having approved the budget schedules. What is important…the rates were set with the US visit, council of ministers approved or amended the rates…all … Continue reading
Kaperoni
Kaperoni – Dinar Guru It is critical to understand that if the Central Bank of Iraq plans to end the auctions by the end of the year there must be a new mechanism in place or there would be … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “Iraqi Council of Ministers approves the 2024 budget schedules” The next step would be to take those schedules and deliver them to the House of Representatives. If we see that, that’s going to be powerful … Continue reading
Yada
Yada – Dinar Guru …this process moved beyond the needs of just Iraq, it had move to the benefits of the 84 countries with contracts with Iraq. The rest of the central banks with dinar in their foreign reserves. And the … Continue reading
Kaperoni
Kaperoni – Dinar Guru Question: “So would the CBI set the initial float rate?“ When a country makes a determination to float their currency, the exchange rate is whatever the official rate is at that time. Supply and demand then takes … Continue reading
Pimpy
Pimpy – Dinar Guru If the dinar were to go free floating that means the rate it will adopt is going to be the one that we see on the parallel market…
Paulette
Paulette – Dinar Guru Community Comment: “On May 9th it has been announced that Iraq will become a FULL member of the WTO.” I have not seen where Iraq has participated in the Third Round of negotiations…It took Iraq since 2004 … Continue reading
Kaperoni
Kaperoni – Dinar Guru Article: “Al-Rayes: The path of development is the first gateway to sustainable economic advancement” If and when the Iraqi dinar begins to float supply and demand based on Iraq’s economic success will take over. Only with … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “Specialist: Floating the dinar is economic suicide” Them bringing up exchange regimes obviously…they’re going to do something because why talk about it if it’s not going to change. You don’t.
Mountain Goat
Mountain Goat – Dinar Guru Article: IRAQ TALKS ABOUT PRODUCING ONE MILLION LITERS OF GASOLINE DAILY Quote: “increase refining capacity production rates and improve production in national refineries to reach self-sufficiency and gradually shift to exporting them to global markets…” Well…well…its … Continue reading
Militia Man
Militia Man – Dinar Guru Non-oil revenues…Iraq has the largest sulfur deposit in the world. They can tap into that. It’s going to be part of their non-oil revenues. The amount of natural resources Iraq has is off the charts. Anything that … Continue reading
Kaperoni
Kaperoni – Dinar Guru For many years now the process for countries is to create the conditions for economic success, then change their monetary policy to allow their currency to float. Flotation allows a country’s currency to ascend or descend based … Continue reading
Paulette
Paulette – Dinar Guru Question: “Is Iraq still on point to enter the WTO on may 9th?” Iraq has not yet passed the required Product Protection Act and the Steering Committee doesn’t even meet again until “mid-year”.
Clare
Clare – Dinar Guru Article Quote: “Saleh said…Calls for floating the dinar to end the gap between the official exchange rate and the parallel market may be possible in an economy in which the free market alone influences the movement … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate.” We’ve seen a few articles over the last week openly talking about the types of regiments that are … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I feel we have been in a critical period of the currency reform program since January of last year 2023. Now we are in a “vital” period. Like a game of chess, we are now in a … Continue reading
Kaperoni
Kaperoni – Dinar Guru It is highly unlikely that any bank will have anything to do with the dinar for quite some time. Banks are conservative by nature and the dinar could be quite volatile once they begin to float. In … Continue reading
Pimpy
Pimpy – Dinar Guru My personal feeling is they are going to take the zeros off. Do I want Iraq to take the zeros off? No. I would hope they would leave it on and then revalue it with a higher exchange … Continue reading
Militia Man
Militia Man – Dinar Guru Rebuilding the country is not going to happen anytime soon with 1310…Obviously they’ve got something else in mind because they’ve already said they’ve launched the projects, therefore there’s contracts involved. What the rates are with the … Continue reading
Kaperoni
Kaperoni – Dinar Guru I remind everyone just two weeks ago the Central Bank of Iraq announced that they plan to end the currency auctions by the end of the year. If that is the plan, they must have a replacement which … Continue reading
Clare
Clare – Dinar Guru Article: “Specialist: Floating the dinar is economic suicide” Quote: “Economist Muhammad Hashem Helou confirmed that the central bank cannot float the dinar exchange rate…adding that floating the exchange rate in the presence of a parallel market and … Continue reading