Kaperoni

[Follow up to yesterday’s Kaperoni community comment post below – 1300 IQD to $1 USD vs. 1 Jordanian dinar to $1.41 USD]  Also want to remind you that Iraq has […]

Community Comment “It’s interesting when u compare Iraq with Jordan’s economy. Pretty similar stats, I’d say Iraq is better with lower unemployment, higher average income. and over 4 times higher […]

How many agreements now with other Middle East countries to bring investors to participate in the reconstruction?  Iraq is building a bank in Saudi Arabia.  Saudi Arabia is building a […]

We’ve been saying for a long time nothing was ever going to happen with the dinar until Iraq diversified their economy.   We’re reading about it today that this is their […]

The next 16 months is going to be massive…the transition from physical paper currency to digital, the POS systems and everything we’ve learned over the year that have never been […]

They are making clear steps now to create an economy in Iraq.  They are trying to get people who are not working, working and people who work for the government […]

One of the biggest issues in Iraq is the physical paper.  There can never be an increase in the value with that much paper in circulation…there’s 90 trillion dinar or […]

With the new securities law eventually passed Iraq can end their currency auctions.  They can begin to float the dinar and access to the principles of supply and demand.  And […]

We expect the dinar to rise gradually as a result of the success and growth of their economy as a result of the private sector investment and the increase in […]

The Securities law will soon be before the House of Representative.  This is something we’ve been talking about for a couple of years…I thought that was great because if they’re […]

Community comment “Iraq should have a tradable currency before they join the WTO.”  They already do!  The dinar is globally tradable. The problem is no banks want to deal with […]

If the dinar is ever going to go up in value it will be as the result of the growth of Iraq ‘s economy. So all of the BS on […]

The truth is if the dinar is going to rise it will be the result of Iraq building a diverse economy. They are working diligently to diversify away from oil, […]

The current plan that Iraq has stated is over the next three years. That is why the budget will be a three-year term, that is why the new Central Bank […]

Community comment: “…If it [the dinar float] starts going up two or three hundred points a day or even a week I’m gonna empty my savings buying more…”  It is […]

There’s been a lot of talk and a lot of decisions lately to encourage investment. Parliament still hasn’t passed any significant legislation including the budget, stalled laws, etc…There are improvements […]

If and when the dinar does go up in value it will float.  That means it will rise gradually over time as a result of Iraq’s economic  growth and success.

If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating […]

What we have to hope for is that Iraq follows the guidance of the IMF and allows the currency to float and a gradual appreciation over time based on the […]

Community comment:  “They better hurry up and float it, because if not, and they keep linked to the US Dollar, the dinar is headed south with our dollar.”  They will […]

Iraq is working diligently to create the economy needed to float the dinar. Hopefully, within year or two they will be in a position to begin to float…owning Iraqi dinar […]

Common dinar community comment – ‘Kuwait RV’d thier dinar in 1992.’  Not true. Keep in mind there’s a significant difference between Kuwait and Iraq. Kuwait has billions of dinar in […]

Big news for Iraq investors  today.  As we stated numerous times, the value of the dinar will be based on the success and growth of Iraq’s economy…today, Iraq announced a […]

Guru Walkingstick says Iraq is making a switch from a program rate to an international free market for the Iraqi dinar…the term ‘program rate’…was a specific agreement between the IMF […]

Guru Frank26 says the reason why they haven’t reinstated the Iraqi dinar is because of Iran….Well, partially, Iran is affecting the auctions by smuggling dollars. But for the dinar to […]

Be assured nothing is happening with the dinar until Iraq diversifies their economy.

I remind people…Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency […]

[via Zig] …The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines… Only the IMF would work with Iraq […]