Category Archives: Uncategorized
Nader
Nader – Dinar Guru No one can change the rate besides the CBI…telling you the truth we’re not ready yet. They’re working on it. They have good news. They have good things going on but they’re not ready. When they’re ready you … Continue reading
Pimpy
Pimpy – Dinar Guru I would like to see Iraq un-peg their dinar from the US dollar and peg to the same basket that the Arab Monetary Fund uses…22 or 23 nations are involved in this organization and they all … Continue reading
Dallasdude
Dallasdude – Guest Guru I personally have said for months that I did not expect a rate that favored us with the passing of the budget because they have said repeatedly for months that the official exchange rate will be in the 1300 … Continue reading
Clare
Clare – Dinar Guru Article: “Planning: Items in the budget to address the impact of the dollar exchange rate” Quote “…serious discussions were held by the ministry, with the participation of the Investment Authority, government agencies, the Federation of Industries and … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign … Continue reading
Pimpy
Pimpy – Dinar Guru It’s the same gibberish going on out there. How many millions of different times can you say that we’re just waiting for the budget to be approved?
Clare
Clare – Dinar Guru Article: “Al-Rafidain directs the collection of taxes and customs fees in Iraqi dinars” Quote: “Al-Rafidain Bank directed its branches at the border crossings to collect taxes and customs fees in Iraqi dinars instead of dollars…The bank also … Continue reading
Pimpy
Pimpy – Dinar Guru Yes, I heard there’s an extension to executive order 13303 and everybody’s losing their mind. ‘This must mean something. What is it Pimpy? Has something to do with the dinar.‘ … No it doesn’t say anything about the currency…the … Continue reading
Deepwoodz
Deepwoodz – Dinar Guru When Iraq initially changed the rate to 1310, it showed up for the first time internationally March 28. At least on the two boards I can see. From that point, it would be 1310 for a … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “The governor of the Central Bank comments on the recent rise in the dollar exchange rate” He pointed out that those who go to buy dollar from he black market…may experience problems in the … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform” What the cash reserves do, it allows them to flood the market with a competing currency therefore … Continue reading
Clare
Clare – Dinar Guru Article: “Campaign to support the Iraqi dinar” launched in Diyala” Quote: “…the Organized Crime Director announced the implementation of a major campaign, in cooperation with the Diyala Police, to deal in dinars instead of dollars.“
Mountain Goat
Mountain Goat – Dinar Guru Article: “POLITICAL AGREEMENT TO PASS THE BUDGET LAW IN THE NEXT FEW DAYS” Quote: “…most of the political forces, finally agreed to pass the budget law this week without putting any obstacles.” They are aiming to … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “Iraqis banned from dealing in US dollars” Quote: “Government warns of punishments as it tries to control currency crisis that has let to price rise…the surprise announcement …reflects an attempt to close the gap between the … Continue reading
Militia Man
Pimpy
Pimpy – Dinar Guru The representatives have accomplished their second reading of the federal budget and it looks like they’re going to do a vote on the budget sometime around the middle of next week or so…if they continue to delay … Continue reading
Clare
Clare – Dinar Guru Article: “Iraqis banned from trading in US dollar” Quote: “The Iraqi Ministry of Interior issued a ban…prohibiting traders and civilians from conducting business in the United States (US) dollar,“
Nader
Nader – Dinar Guru Something is happening this morning. The float has been started guys. It’s floated and we see what’s going on. For now everything is calm. Nothing is coming out. The budget will come out this week. Tomorrow I hope…they’re gonna … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY” Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going … Continue reading
Clare
Clare – Dinar Guru Article: “For the first time in 15 years, the dinar devours 30% of the (dollarized) car market in Iraq” Quote: “the return to the dinar will weaken the demand for buying dollars from the parallel market … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “Customs achieves the highest revenue rate during the first quarter of 2023” Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023. Revenues amounting to more than … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Kurdistan in Baghdad’s footsteps: Demands to use the dinar exclusively in the real estate and car market” This is a big move. If you want to boost the confidence and value of your currency you really have … Continue reading
Pimpy
Pimpy – Dinar Guru If you’re in the country and people prefer the US dollar they’re willing to give up more Iraqi dinar to have the U.S. dollar. That’s why there’s a black market out there. That weakens the dinar. If you … Continue reading
Clare
Clare – Dinar Guru Article: “Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities“ Quote: “One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting … Continue reading
Militia Man
Militia Man – Dinar Guru Why are they hiding the vote? Why are they hiding the 2023, 24, 25 budget if they’re going to come out at 1310? …It doesn’t make make any sense…the 17th was suggested that they’re going to have the … Continue reading
Yada
Yada – Dinar Guru Im of the mind that we are going to see this rate release just before they pass the budget…The rate is the driver of the budget, not the other way around BGG ~ Pure speculation…
Militia Man
Militia Man – Dinar Guru The governor of the central bank is openly talking about a delegation of experts from the International Finance Corporation. Why is he talking about the International Financial Corporation if he’s coming out at a program rate … Continue reading
Pimpy
Pimpy – Dinar Guru This [Money Laundering] is a big issue for Iraq. If your government can’t stop laundering money, you’re going to stay on a so-called blacklist. Your money will never be traded internationally because nobody’s going to … Continue reading
Henig
Henig – Dinar Guru Article: “International Monetary Fund: Iraq is third in the Arab world in terms of exports of goods and services last year” Quote: “Iraq exported goods and services in 2022 worth $ 140.7 billion, which increased from the … Continue reading
Militia Man
Militia Man – Dinar Guru The 2023, 24, 25 budget hasn’t been implemented yet. They haven’t shown you anything in respect to a potential exchange rate but there’s some things that tell you that they are about to do that … Continue reading