Category Archives: Uncategorized
Militia Man
Militia Man – Dinar Guru It’s been weeks…and still to this day they haven’t actually shown us the spending ability of the budget. Why is that? It’s obvious – they’re not coming out at 1310, 1320 or 1305…
Tishwash
Tishwash – Dinar Guru Article: “The Sudanese government acknowledges the experience of dollar speculators and counts on September” Quote: “The launch of the budget definitely means the availability of funds… and this means that there is a large cash flow. ” Al-Awadi … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “The dinar is in the central recovery rooms.. and accusations against the Americans of creating crises” Quote: “…The National Currency requires elaborate measures to maintain strength in value internally and externally, on the … Continue reading
Samson
Samson – Dinar Guru Article: “The dinar is in the central recovery rooms.. and accusations against the Americans of creating crises” Quote: “The sources of countries’ strength in the economic field are determined by several factors, foremost of which is … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Oil and gas…A law to resolve the dispute between Baghdad an 8th region, and a gateway to open all files” The oil and gas law issue has not been resolved. This has been ongoing for years…the … Continue reading
Militia Man
Militia Man – Dinar Guru The Oil and Gas Law…they keep saying they’re going to have things done. I believe these guys have already done almost all the leg work… Article quote: “they’re in very advanced steps in accelerating the legislation … Continue reading
Clare
Clare – Dinar Guru Article: “What are the reasons for the weakness of the Iraqi dinar compared to other currencies? … An economist answers” Quote: “Al-Mashhadani said, The other matter is trade, that is, import and export, without relying on the … Continue reading
Militia Man
Militia Man – Dinar Guru If you’re trying to buy widgets at 1310 dinar to a dollar you can’t get very many widgets…Once they change the value of their currency to reflect the Real Effective Exchange Rate things become a lot … Continue reading
Militia Man
Militia Man – Dinar Guru Article “Towards a new global financial system Economical” This article doesn’t go so far as to suggest Iraq is in the running or even applying to be a member of BRICS. Iraq may fall into the category … Continue reading
Breitling
Breitling – Dinar Guru Look at all the countries surrounding Iraq and you look at the values of the currencies and you average it out. They don’t want to be below that average. They don’t want to be too far above … Continue reading
Kaperoni
Kaperoni – Dinar Guru Iraq made a decision some years ago that they want to raise the exchange rate based on the economic success of the country. This is the only way Iraq could afford such an event. Only with the … Continue reading
Militia Man
Militia Man – Dinar Guru The Central Bank put out strict measures…now they’ve put out a 4th package. That 4th package is to reduce the interfaces for people to be able to get the dollar. Once they get rid of the … Continue reading
Pimpy
Pimpy – Dinar Guru For 20 years Iraq has passed and was able to implement a budget even with the bad exchange rate… But people out there say, ‘It’s impossible, this budget won’t be able to make it without a … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “Development Fund.. a step for economic advancement and investment revival” This article is packed with data! They are talking about the “nucleus” of the projects that will get Iraq into the real world of infrastructure … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru the BIG, BIG news…I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the Federal Bank controls the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil $$ under their control once again. The … Continue reading
Militia Man
Militia Man – Dinar Guru They are going to need the exchange rate change to value the oil and gas law so they can distribute the wealth to the citizens.
Paulette
Paulette – Dinar Guru Community Comment: “At 1310 they could roll it [the budget] out but would run out of money due to high cost of materials needed to be brought into country without a new rate, a new … Continue reading
Breitling
Breitling – Dinar Guru There’s an email being blasted out about Warka [Bank in Iraq] selling stock in Warka, where you can buy shares and own a share of Warka. I have not been able to confirm that and I … Continue reading
Militia Man
Militia Man – Dinar Guru …they are doing a lot with the budget and finalizing disbursements and allocations. They are getting ready to spend money. Some of those time frames are coming on us quickly…I think things are pretty darn exciting.
Pimpy
Pimpy – Dinar Guru Article: “The Iraqi delegation in Washington paves the way for the Sudanese” Looks like the delegation from Iraq is here in the United States meeting with our officials over here in Washington. Looks like they’re doing all they … Continue reading
Militia Man
Militia Man – Dinar Guru They want to ween themselves off the dollar. We’ve seen numerous things about the dollar being phased out because the multi-currency practices aren’t allowed and the black market is an illegal market…they don’t want that illegal side … Continue reading
Samson
Samson – Dinar Guru Article: “The Iraqi delegation in Washington paves the way for the Sudanese” Quote: “…there are usually preliminary meetings related to the strategic framework agreement, prior to reaching the summit meeting between the two parties,” and it is … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “CENTRAL BANK THREATENS EXCHANGE COMPANIES WITH UNPRECEDENTED MEASURES” Quote: “The Central Bank of Iraq issued new directives that included strict measures on exchange companies, reaching the point of withdrawing their licenses and denying them access … Continue reading
Pimpy
Pimpy – Dinar Guru I know they have been approached by the BRICs but you’re not going to see them go because the IQD and Iraq is still under sanction and restriction by the United States government. Not to mention we … Continue reading
Petra
Petra – Dinar Guru What is stopping them from moving forward? …yes, the rate…AND…Sadani’s integrity with the people, as well as Alaq and his position as “independent” from the GOI…With the article indicating the Parliamentary Finance Committee recommending that the Budget to … Continue reading
Kaperoni
Kaperoni – Dinar Guru Question: “US [IQD] paper holders should be able to exchange in the US for US$ at some point in the future?” The dinar is a currency of a country therefore it has monetary value that can be … Continue reading
Militia Man
Militia Man – Dinar Guru Iraq has been destroyed and war torn. They are going to need the IFC (International Financial Corporation)…Their main business is taking countries to the private sector. It’s phenomenal. Anybody that says, ‘This will never happen. Is not going … Continue reading
Jeff
Jeff – Dinar Guru Everybody’s…focusing on releasing of the the budget monies. They are under the assumption that releasing the budget monies brings forward the rate change. I’m sorry but it doesn’t work that way. There’s other steps that have to happen … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Parliamentary Finance likely to launch budget funds after July 18” So here we are. We’ve passed the budget. It’s made the Gazette and still they have not allocated out the money.