Category Archives: Uncategorized
Clare
Clare – Dinar Guru Article: “Fixing the dollar and oil in the 2023 budget and the truth about US sanctions.. “Sami’s Spectrum” reveals the details” Quote: “The price of a barrel of oil, which has been set so far in … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru In 2004 the CBI set up the foreign currency auctions as a way to control the rate on the black market. Now we understand it is the black market that has control and the Iraqi … Continue reading
Militia Man
Militia Man – Dinar Guru The UST has Iraq’s CBI in a position to make a exchange rate change, imo.. They are likely at a point now there is no looking back in not doing so. Show time? It looks that way. There were … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru We are told in an article…that the budget will be in parliament ready for review and vote in two weeks. …That pushes it to early January 2023 to begin the voting process. …So, sit back and … Continue reading
Clare
Clare – Dinar Guru Article “Central Bank Governor: The measures taken will contribute to achieving monetary stability” Quote “Wednesday, an emergency session of the Ministerial Council of Economy….The session was attended by the Governor of the Central Bank of Iraq, Mustafa … Continue reading
Paulette
Paulette – Dinar Guru Iraq’s CBI has clearly told us their plans to Re-denominate their currency including adding denominations all the way to 25 Fils (1/40th of an IQD). This logically requires a change in rate. As long as that new … Continue reading
Henig
Henig – Dinar Guru Article: “Economist: Central Bank policy failed and printed 40 trillion dinars of a new category“ Quote: “He stressed that the strategic vision of monetary policy is wrong, and the Central Bank has printed 40 trillion dinars of the new … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Why the IQD/USD exchange rate matters to people in Iraq – Iraqis who are paid in dollars have more purchasing power…people paid in dinars have less purchasing power since imports and exports are paid in dollars (including … Continue reading
Pimpy
Pimpy – Dinar Guru Right now in Iraq the major news is…what the markets are determining is the value of the IQD versus the U.S. dollar. The IQD continues to lose value…this is why we saw some banks start allowing the … Continue reading
Clare
Clare – Dinar Guru Article: “After years of delay and disagreement, an agreement was reached by the “majority” to pass the oil and gas law” Quote: “there is a political agreement between all political blocs and parties to pass the oil … Continue reading
Paulette
Paulette – Dinar Guru It is an interesting dichotomy happening right now as not only did the banks stop buying as much USD but the money changers have also in spite of the rate being at its worst since I have … Continue reading
Samson
Samson – Dinar Guru Article: “After years of delay and disagreement… an agreement by the “majority” to pass the Oil and Gas Law”
Clare
Clare – Dinar Guru Article: “MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants” Quote: “With the hundred billions stacked in the Central Bank’s accounts, and with the tons of gold stored in … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commotion does not include the revalue we are looking for. … Continue reading
Mountain Goat
Mountain Goat – Dinar Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am … Continue reading
Clare
Clare – Dinar Guru Article: “Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq’s capabilities to impose stability” Quote: “Salih revealed…foreign reserves have become the strongest in Iraq’s financial history, and its balance has perhaps … Continue reading
Kaperoni
Kaperoni – Dinar Guru Question: “Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar.” The key point with Libya is they only … Continue reading
Pimpy
Pimpy – Dinar Guru If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it…you would see me hauling butt down to the bank!
Breitling
Breitling – Dinar Guru I don’t see anything negative going on in Iraq…as far as the Iraqi dinar is concerned…like the United States they can screw up a lot and still maintain its markets. Iraq has that room also because … Continue reading
Clare
Clare – Dinar Guru Article: “The Sleeping Wool Shelf” pushes the price of the dollar in Iraq to about 160,000 dinars” Quote: “Nassif wrote, in a tweet…via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction … Continue reading
Kaperoni
Kaperoni – Dinar Guru The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meaning they need to pass laws, create a suitable … Continue reading
Henig
Henig – Dinar Guru Article: “Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget” Quote: “The budget law and its draft are still with the government, and it has not reached Parliament … Continue reading
Clare
Clare – Dinar Guru Article: “The Iranian currency recorded the largest decline in its history” Quote: “The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the “Iranian Revolution” in … Continue reading
Pimpy
Pimpy – Dinar Guru There’s no denying that there has been a ton of news regarding the exchange rate of the Iraqi dinar. But there are people out there mixing up the truth with BS…what is not being told to you … Continue reading
RVAlready
RVAlready – Dinar Guru This is a far different circumstance than 15 years ago. We have a PM who said the RV was his first priority…Release is getting closer.
Pimpy
Pimpy – Dinar Guru Al-Sudani appears to be the real deal Holyfield…a lot of things happening at the same time. Do I think they’re going to change the rate anytime soon before the 5 years? We’re just about to the halfway point … Continue reading
Paulette
Paulette – Dinar Guru the big move for Iraq is the “restructure”. The RI just increases their purchasing power on the International stage…
Pimpy
Pimpy – Dinar Guru Article: “Parliamentary Legal: An extraordinary session of Parliament if it receives the budget” I’ve talked about this before. If they can somehow agree on the budget before the end of the year you will see an emergency session … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The news this period is almost all about the corruption in Iraq and what they plan to do about it…there is no way out of these corruption schemes unless these currency auctions end. To end them … Continue reading
Pimpy
Pimpy – Dinar Guru Even it they did make an exchange rate change to something like $3.22 it doesn’t do us no good because we have to have a place to go swap it. We have to make sure that they’re off … Continue reading