Category Archives: Uncategorized
Clare
Clare – Dinar Guru Article: “The Governor of the Central Bank of Iraq receives a delegation from the World Bank” Separate article quote: “The World Bank confirmed on Wednesday that the infrastructure for electronic payment systems in Iraq is the best … Continue reading
Pimpy
Pimpy – Dinar Guru Re: Nader question: “People are going to lose money if they change the 25000 for 25…If…I get 25 dinars that means I’m gonna go to the bank, if it go 3 to 1 that mean I’m … Continue reading
Clare
Clare – Dinar Guru Article: “The US Treasury includes an Iraqi bank on the sanctions list” Quote: “On Monday, the US Treasury Department included the Iraqi Al-Huda Bank on the sanctions list, as a source of major concern regarding money laundering … Continue reading
Samson
Samson – Dinar Guru Article: “Senior US Treasury official travels to Iraq to counter illicit finance“
Fnu Lnu
Fnu Lnu – Dinar Guru They do not have a massive amount of Dinar with which to deal. Small incremental increases of value over time will guarantee failure and all the many billions of dollars spent, and man-hours wasted will for naught. It is … Continue reading
Militia Man
Militia Man – Dinar Guru 1310 is not a Real Effective Exchange Rate. I don’t think the largest accounting firms in the world would be dealing with this, at this time, which they’ve never done before, we’ve never seen ever the … Continue reading
Pimpy
Pimpy – Dinar Guru Changing the exchange rate has a huge impact on inflation, imports and exports. I think Iraq can easily go up in increments. This will allow them to really monitor the inflation. This will also increase the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “NATO CONFIRMED TODAY, TUESDAY, THAT IRAQ IS A REGIONAL LEADER IN THE REGION AND IS TODAY MORE SECURE AND STABLE” Quote: “…the NATO mission is an advisory mission, not a combat mission, and that … Continue reading
Pimpy
Pimpy – Dinar Guru People are getting confused…When they delete the zeros, they’ll change the currency. It’s not the exchange rate. That’s where the confusion is…If I have a 25000 dinar and I delete the zeros, now I have a new … Continue reading
Nader
Nader – Dinar Guru Algeria is big and has a lot of assets but they have a lot less than Iraq and their dinar is stronger than Iraqi dinars. If you look a the Tunisian dinars, Tunisia has nothing…and their dinars are … Continue reading
Samson
Samson – Dinar Guru Article: “With a growth rate of 150%… taxes announce an increase in their revenues to more than 4 trillion” Quote: “Baghdad The General Tax Authority announced, on Thursday, that its revenues had risen to 4 trillion and 500 … Continue reading
Militia Man
Militia Man – Dinar Guru An investment budget it’s not going to work at 1310. They don’t have enough dinar to do that…The project is to delete the zeros off the exchange rate. Once they have done that, they’ve applied … Continue reading
Pimpy
Pimpy – Dinar Guru Iraq has a few more things they really have to fix. Taxation [and] their tax system in general. In addition to that they have to learn how to balance a budget…Balancing their budget, fixing their tax system would … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …the hot topic in the CBI, as my contact told me…is that the CBI is working towards getting the parallel black market rate in check with the “official” CBI rate of the dinar. I asked … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I then asked about the “basket of currencies” we been hearing about to re-peg the dinar. I was told this is coming but they can’t peg the current in-country rate until they resolve the parallel market … Continue reading
Clare
Clare – Dinar Guru Article: “Sudanese Advisor: The dollar is declining, prices are stabilizing, and expectations are optimistic” [Note: We want to see the dollar declining in Iraq. This is good for the dinar.]
Militia Man
Militia Man – Dinar Guru They said only one currency by the first of this next year and they also said that the taxation will be on the dinar, customs and borders this year. They’ll have to educate those citizens effectively … Continue reading
Pimpy
Pimpy – Dinar Guru With them taking away the US dollar there’s some logic to…an increase in Iraqi dinar. Will they? You’re not going to see them go 1 for 1… Nothing would make me happier than to be wrong about this. I … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff The elections are the linchpin to all their remaining economic steps and movements including the rate change…These elections were a reform step, which is exactly what the rate change has been waiting on throughout this entire year.
Militia Man
Militia Man – Dinar Guru Since November of last year they have been working to do what? Get rid of the parallel market. And how are they doing that? They’re populating banks with many other currencies. They’re doing all those things that are necessary to … Continue reading
RVAlready
RVAlready – Dinar Guru …if Iraq wants to pay out the 2023 budget between now and Jan 1, they need to RV their currency. BGG ~ So wait a sec… what’s so different about this budget (and this short period … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru … We can clearly see that Iraq is moving to the normalization of how to do business with other countries and moving out of the sanctioned way of doing business with the world. They are already doing INTERNATIONAL. … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Launch of the third annual scientific conference on economic challenges and reform in Iraq” This part is very interesting to me. Quote: “Restructuring the general budget” Why would they have to restructure the general budget unless … Continue reading
Militia Man
Militia Man – Dinar Guru People need to know what they own. I feel what we’re presenting to everybody is the ability to have a better understanding and know what you own…It’s going to be really important because you’re going to … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff The elections are the lynch-pin to the rate change. That’s what we’ve waited on this entire year to even get to the point of being eligible to change the rate…Remember, it was the central bank’s absolute … Continue reading
Kaperoni
Kaperoni – Dinar Guru A country’s exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases … Continue reading
Pimpy
Pimpy – Dinar Guru What the IMF is saying is really good. But, no, the exchange rate isn’t going change tomorrow. It’s just another step in the right direction for Iraq…
Nader
Nader – Dinar Guru Everybody’s asking me what’s going on. What’s the news. The news, you will see it on the 1st of January – what exactly is going on. They already gave you a date. I told you the 1st of … Continue reading
Pimpy
Pimpy – Dinar Guru Iraq is still taking the steps necessary to stabilize their economy, stabilize their currency, give value and strength to the Iraqi dinar.
Militia Man
Militia Man – Dinar They’re talking about reducing Iraq’s dependence on oil. Dependence on oil is going to go away because they have non oil related products…services…and sectors. That’s going to be from the taxes and tariffs at the borders, imports, … Continue reading