Category Archives: Uncategorized

Pimpy – Dinar Guru  Iraq without a doubt is trudging forward but now here we go.  We go election season coming up.  We really have to cross our fingers and see what happens because the people that get in office really do make … Continue reading →

Samson – Dinar Guru   Article:  “Calls to accelerate 2025 budget and boost non-oil revenues“

Clare – Dinar Guru   Article: “The Central Bank of Iraq decides to reduce interest to 5.5% in order to support economic growth”  Quote: “The Central Bank of Iraq decided to reduce the interest rate from 7.5% to 5.5%, after the inflation rate decreased … Continue reading →

Pimpy – Dinar Guru   [Reference Guru Nader post below]   It [The dinar on Forex] went from 1320 to 745 for every dollar so that’s 54% increase in value.  Woo!  Man that’s really good.  It’s not where everybody  wants to be but still a nice jump … Continue reading →

Militia Man – Dinar Guru  Article says, “Why is the US dollar exchange rate fluctuating?  [Central Bank advisor] says most traders who obtain the US dollar at the official price from the central bank, they sell their goods at the black … Continue reading →

Nader – Dinar Guru   Monday night (Tuesday Morning) I was in bed and I received a phone call around 2 o’clock in the morning over here in the States.  They go like, hey Nader you go on Forex and … Continue reading →

Sandy Ingram – Dinar Guru  The 2024 BRICS Summit is happening in Russia right now.  The news coming out of the summit is that there doesn’t look like the there’s going to be a currency developed by the BRICS organization.  More on … Continue reading →

Clare – Dinar Guru   Article:   “Waiting to be sent.. Oil and Gas Law on the Government Discussion Table”  Quote:  “Member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Tawki, confirmed today, Thursday, that the draft oil and gas law is … Continue reading →

Samson – Dinar Guru  Article: “Establishment of the ‘Iraqi Money Changers Syndicate‘ in Baghdad.. and Al-Taie as its President”

Militia Man – Dinar Guru Article quote:  “It must be noted here that the availability of foreign exchange reserves for the central bank exceeded $100 billion and a gold reserve exceeding 143 tons confirms the Iraqi dinar will recover and that it … Continue reading →

Pimpy – Dinar Guru  Community Comment: “Iraq just got licensed for foreign currency exchange.”  Back in 2004 they were licensed for this but there was a shitload of restrictions…A lot of those restrictions are being lifted.  This is really good … Continue reading →

Mountain Goat – Dinar Guru  Article:  “I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?”  …we can interpret these electronic debit cards as yet another move by Iraq to open up to the rest of the world…yet another move … Continue reading →

Samson – Dinar Guru  Article: “Iraq exports goods to China worth about $30 billion in just 9 months“

Militia Man – Dinar Guru  The reconstruction of a war torn country is massive…If you’ve been invested in this for a long period of time and done your research you know back in World War II we had Germany, Japan, … Continue reading →

Mountain Goat – Dinar Guru  We must remember that the RV is not an event by itself that will just happen someday but it is a byproduct of the reforms…It can not happen without the reforms and one of the reforms (besides all … Continue reading →

Samson – Dinar Guru   Article:  “Parliamentary Finance: The government is working on preparing the basics of the 2025 general budget to present it to the House of Representatives”

Militia Man – Dinar Guru  Taking a country to international level is going to be a major major deal.  It’s going to take a lot of time still but they’re going to have to get started.  They’re going to have to go … Continue reading →

Clare – Dinar Guru Article: “Al-Sudani: $100 billion is the size of investment opportunities in Iraq”  Quote: “Iraqi Prime Minister Mohammed Shia al-Sudani confirmed that the investment opportunities available in Iraq exceeded $100 billion in value, pointing to the expansion of economic cooperation … Continue reading →

Pimpy – Dinar Guru   Article:  “Credit Bank of Iraq achieves a profit of 20.4 billion dinars”  This article is definitely a very good one for those of us who are invested in the Iraqi Stock Exchange…I only anticipate the … Continue reading →

Sandy Ingram – Dinar Guru  What is the WTO and why does it matter?  The World Trade Organization is an international group that helps countries trade with each other fairly and efficiently.  Joining the World Trade Organization will help Iraq grow … Continue reading →

Samson – Dinar Guru  Article: “Al-Sari: The population census guarantees fair distribution of wealth and parliamentary representation of the governorates“

Militia Man – Dinar Guru This is October 2024 and they still have yet to expose the 2024 investment side of the budget, yet they’re talking about the 2025 budget now. [The 2024 budget] adjusted amendments haven’t been published in the Gazette … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQ INCREASES RESERVES AT IMF BY 50%”  Quotes:  “A meeting of the Iraqi Cabinet this evening approved an increase in Iraq’s quota at the International Monetary Fund (IMF) by 831.9 million Special Drawing … Continue reading →

Militia Man – Dinar Guru  They’re preparing because they’re going to have much of [the three zero currency] they weren’t able to get off the street back coming into the banks.  But what are they going to need for those folks that … Continue reading →

Samson – Dinar Guru  Article: ”China dominates the Iraqi market: exports exceed $65 billion in 2024!”  Quote:  “Chinese Customs Authority indicates that China continues to strengthen its economic dominance in Iraq…”

Sandy Ingram – Dinar Guru   Here’s why joining the World Trade Organization is so important.  The WTO can open the door to new business opportunities, attract more investments, and create jobs.  It’s a major step towards boosting Iraq’s economy and connecting … Continue reading →

Sandy Ingram – Dinar Guru   Here’s why joining the World Trade Organization is so important.  The WTO can open the door to new business opportunities, attract more investments, and create jobs.  It’s a major step towards boosting Iraq’s economy and connecting … Continue reading →

Samson – Dinar Guru  Article: “Blinken in the Middle East next Tuesday”  Quote:  “US Secretary of State Anthony Blinken will arrive in the Middle East next Tuesday, on a new tour“

Militia Man – Dinar Guru  You have Al-Sudani calling on the House of Representatives to vote in their president.  The optics of them having 3 presidencies available all at the same time when/if…they revalue their currency is a pretty big deal.  The … Continue reading →

Clare – Dinar Guru   Article:  “Economist: Development Road Project Will Provide Iraq with Great Investment Opportunities”  Quote:  “The “Development Road” project consists of land and railway roads extending from Iraq to Turkey and its ports, with a length of 1,200 kilometers … Continue reading →