Category Archives: Uncategorized
Babysmom
Babysmom – Dinar Guru THE BUDGET WAS FINALIZED…IT WAS FINALLY APPROVED…THE FINALIZATION OF THIS BUDGET IS LEGENDARY. THE BUDGET WILL NOW GO TO THE PRESIDENT OF IRAQ FOR HIS SIGNATURE AND THEN HE WILL SEND IT TO THE GAZETTE TO BE MADE … Continue reading
Pimpy
Pimpy – Dinar Guru There’s a lot of chitter-chatter about what the exchange rate might be and I understand why. But I’m not going to mislead people. I told you if it goes up it’s going to go up in increments. There are … Continue reading
Clare
Clare – Dinar Guru Article: “Central: Commitment to strict currency financing instructions will significantly reduce the exchange rate” Quote: “Today, Saturday, the Central Bank revealed its plans to raise financial and gold reserves, while noting that adherence to foreign currency financing … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “United States Bank expresses readiness to support Iraq banks with foreign trade, financing operations and dollars” That bank is JP Morgan Chase. It’s worth about $4 trillion U.S. in value. These guys mean business. … Continue reading
Pimpy
Pimpy – Dinar Guru There are several articles within the constitution that the budget is struggling with. They want to make sure that this budget law is very clear about how it represents those articles…So it isn’t as cut and … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq finally had an election and there is a new prime minister who is friendly with Iran. Large sums of U.S. dollars began flowing into Iran who is under sanctions. The United States immediately stopped … Continue reading
Pimpy
Pimpy – Dinar Guru If the RV hasn’t happened by the time the currency is on the Forex it should show in real time…There’s a good possibility that before it hits the Forex that the RV will happen.
Moutain Goat
Moutain Goat – Dinar Guru Yes, we are VERY close to something big happening with the dinar…Yes, I do have some concerns about not seeing any news about the project to delete the zeros… Integral to the RV is this project to … Continue reading
Deepwoodz
Deepwoodz – Dinar Guru Comment: “It’s the CBI that changes the rate not parliament. The CBI can do it anytime.” Constitution Article 110 – The federal government shall have exclusive authorities in the following matters: …Formulating fiscal and customs policy; issuing … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The articles this week are still rolling out yet more currency reforms but most importantly they are now “enforcing” the new CBI currency mandates and sole use of the dinar with a special task force of … Continue reading
Pimpy
Pimpy – Dinar Guru The official rate, which is when the bank tell you it’s a fixed rate – not floating. In the streets what you have is a black market where people will pay you more dinar than you would … Continue reading
Militia Man
Militia Man – Dinar Guru It’s the CBI’s job to make a rate change adjustment. It’s not the parliament or it’s not the Council of Minister’s or the Finance Committee’s job to do that…
NORV
NORV – Dinar Guru …I have always stated with the success of Iraq’s economy will come the increase of the dinar. …some interesting news…Article: “The Social Security Law includes many privileges for workers in the private sector” This law was passed last … Continue reading
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,“