Category Archives: Uncategorized

Militia Man – Dinar Guru  Article:   “The Iraqi Trade Bank announces the recovery of one trillion and 500 billion dinars”  The amount of funds being recovered to Iraq from corruption is staggering in totality. The trillions of dinars being returned will support … Continue reading →

Pimpy – Dinar Guru   Yes, I hear there’s still more chitter-chatter about the exchange rate and yes there’s a lot of misinformation still going on out there about the Iraqi dinar…the full exchange rate being reinstated – that’s not the case.  The … Continue reading →

Kaperoni – Dinar Guru  They’re talking about increasing the dollar sales through the auction which will raise the value of the dinar back to what it was a year ago. Around 1170 to $1.

Clare – Dinar Guru  Article:  “The talk of the exchange rate invades the Iraqi sessions..and the currency auction is the window for whitening the dollar” Quote:  “The talk of the exchange rate of the dollar has become the most prominent … Continue reading →

Pimpy – Dinar Guru  Article Quote:  “Parliamentary Finance announces the completion of the touches of the budget and its transfer to the Sudanese office.”  Now that they have it and all the final touches are done, they handed it out to the … Continue reading →

Nader – Dinar Guru  Article:  “Sunday, the Parliamentary Finance Committee announced the completion of the final touches of the budget and its transfer to the Prime Minister’s Office…”

RVAlready – Dinar Guru  …If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP.  It will take a bit for a new value to … Continue reading →

Samson – Dinar Guru   Article:  “Central Bank: The exchange rate of the dollar will be returned to normal within two weeks”  CBI taking actions

Sandy Ingram – Dinar Guru  Kuwait is Iraq’s neighbor… they have the highest value currency in the world.  How did Kuwait get to this status?  For one the Kuwaiti money is hard, very hard, difficult to come by.  It is not plentiful like … Continue reading →

Paulette – Dinar Guru  I believe that the closer to the end of this year that Sudani’s GOI passes the budget, the greater likelihood we will see the CBI move to “restructure” the currency.  Realize, this “restructure” must also come … Continue reading →

Clare – Dinar Guru  Article:  “The “Finance” expects the Iraqi government’s vote on the budget: Parliament’s approval of it will take about two months”  Quote:  “the Iraqi Council of Ministers will vote on the draft general financial budget law for the … Continue reading →

Clare – Dinar Guru  Article “Central Bank: The exchange rate of the dollar will be returned to normal within two weeks”  Quote “…the exchange rate is still disciplined and will be returned to normal within two weeks, no more”

Kaperoni – Dinar Guru  I have stated numerous times the auctions are twofold, the first is to provide dollars to pay for imports for the country, and the second being to control the exchange rate by a balance between dinars and dollars.  This … Continue reading →

Paulette – Dinar Guru  Sudani’s GOI continues working and I believe will pass the Budget in December…It then goes to Parliament who will likely read it after reconvening approximately 1/07/23…This will be the “1st Reading”…It will then go to Parliament’s Finance … Continue reading →

Pimpy – Dinar Guru  When it comes to Iraq we’re always taking one step forward and three steps back…There’s problems with the currency auctions…they just can’t seem to get it together…the Federal Reserve has been auditing the currency sales…and they’re not … Continue reading →

Nader – Dinar Guru  The CBI or the government… didn’t make a decision yet to support [the dinar] with anything.  It’s detached from the dollars but not completely.  It should be detached by the end of this week or next … Continue reading →

Nader – Dinar Guru  …It has no support.  That’s why you see the dollar going up from 1460 to 1551 and it might get to 1552, 1553.  You’ll see in a couple of weeks it going back…things will get better.  … Continue reading →

Sunkissed – Dinar Guru   Article: “Al-Sudani meets Al-Sisi and affirms Iraq’s keenness to maintain relations with its Arab and regional milieu:”  How can a country be a pioneer when they’re dependent upon another country’s currency because their currency is worthless? We … Continue reading →

Sandy Ingram – Dinar Guru  Article:   “The Governor of the Central Bank of Iraq receives the IMF mission.”  The governor of the CBI met with the International Monetary Fund Minister of Finance…we know the IMF needs to sign off on … Continue reading →

Pimpy – Dinar Guru   The lower the amount of dinars for every dollar the better for us.  We want to go all the way to the point where you get more US dollars for every one dinar.  That’s the direction … Continue reading →

Kaperoni – Dinar Guru  …This [auction] action by the CBI will not only help the citizens but it will help them with the IMF to meet compliance. Further liberalization also helps encourage investment in Iraq .  The real reason why they’re … Continue reading →

Clare – Dinar Guru  Article “Al-Maliki makes the approval of the oil and gas law conditional on this matter”  THAT IS NOT NURI AL-MALIKI ….. IT IS A DIFFERENT GUY SAME LAST NAME

Sandy Ingram – Dinar Guru  So what would they [Iraq] need to do in order to…increase the value of their currency?  One thing they could do would be to create a new currency like Kuwait did and provide a window of … Continue reading →

Pimpy – Dinar Guru  I’m not saying it’s not going to change come this budget, mostly likely it won’t because the Central Bank said this is the rate it’s going to be for the next 5 years.  We are now 2 … Continue reading →

Mountain Goat – Dinar Guru   One could almost say the news is once again just all about the currency. The pressure builds for the CBI to act now. Over 100 of the parliamentary members claim they will not even attend … Continue reading →

Clare – Dinar Guru  Article:  “The Central Bank announces that its cash reserves have exceeded the $90 billion mark”  Quote:  “The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, … Continue reading →

Militia Man – Dinar Guru  Article: “Baghdad & Kurdistan Region at the table of Constitutional Entitlements”  The looks of things here are seriously on fire. They talk about budget and in detail, they went over the file with respect to key … Continue reading →

Kaperoni – Dinar Guru   …The Central Bank announced they’re going to liberalize the foreign exchange.  Meaning they’re going to spend more dollars in the auction. This of course has impact on the dinar exchange rate… the reality is all they’re going … Continue reading →

Pimpy – Dinar Guru  There is a lot of talk once again about the change in the exchange rate.  I think some people are misinterpreting what they’re reading… Article:  “Government official: Dollar exchange rate will fall and its impact in a … Continue reading →

Nader – Dinar Guru   They [the CBI] didn’t say how much.  They [the CBI]  just said to the old numbers and then it’s gonna go down gradually…that’s good news.  I’m happy about that.  It will help me out a lot actually if … Continue reading →