August 11, 2022 Kaperoni There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading…When you read the actual article it says that […] Kaperoni
August 10, 2022 Kaperoni Nobody knows any procedures until such time the dinar appreciates. And if the dinar does gradually appreciate based on the economic growth it’s going to take time. [a recent] article […] Kaperoni
August 9, 2022 Kaperoni …There are two real possibilities for the currency in the future. 1, which is being discussed include educational programs with the citizens is a currency exchange neutral event LOP. And […] Kaperoni
August 5, 2022 Kaperoni …deleting 3 zeros. If they go through with it it is not an RV. They are teaching their citizens about a currency exchange LOP. Not what we want. Kaperoni
August 4, 2022 Kaperoni Iraq still has a significant amount of work to be done including formation of the new government, passing over 100 stalled economic laws and implementing all of the stalled reconstruction, […] Kaperoni
August 3, 2022 Kaperoni As I’ve stated numerous times the IMF has monetary discussions with Iraq every year called Article IV Consultations. The IMF is encouraged Iraq to create the conditions to allow them […] Kaperoni
July 30, 2022 Kaperoni Article “Protesters in Baghdad took down concrete barricades and moving towards the Green Zone, chanting against the foreign influence on Iraqi politics and calling for dissolution of the parliament.“ Kaperoni
July 27, 2022 Kaperoni The plan from the IMF for the Iraqi dinar was stated in 2013 in the IMF Article IV Consultation. It encouraged Iraq to create the conditions (pass laws, encourage investment, […] Kaperoni
July 26, 2022 Kaperoni The truth is until Iraq puts the correct government in place that is motivated to pass laws, create significant economic growth, encourage investment and diversifies away from oil there’ll be […] Kaperoni
July 25, 2022 Kaperoni Guru Tivon is telling…that an RV is in the emergency support law. Well I translated it a week or so ago when it was published…there is no such talk of […] Kaperoni
July 25, 2022 Kaperoni All of this nonsense about a new exchange rate, paying people in dinar, new contracts. It’s all just bullshit! A country’s currency exchange rate is based on the economic growth […] Kaperoni
July 23, 2022 Kaperoni Guru Militiaman says they must RV soon if they want a market economy…That’s not how it works you build a market economy and then the dinar goes up in value […] Kaperoni
July 22, 2022 Kaperoni Post 3 of 3 Whether or not banks around the world are willing to do business in dinar is up to each individual banking institution. Therefore, even though Iraq is still in IMF Article […] Kaperoni
July 22, 2022 Kaperoni Post 2 of 3 Whether or not a country’s currency is exchangeable is whether or not there are restrictions on that country (which no longer exist [for Iraq]). Many banks though are hesitant as […] Kaperoni
July 22, 2022 Kaperoni Post 1 of 3 Iraq is in Article VIII of the IMF charter. Wrong! All you need to do is go to http://imf.org then Iraq, and click Iraq’s Position in the Fund to see […] Kaperoni
July 21, 2022 Kaperoni The recent articles over the last couple days from the advisor to the prime minister is encouraging in the sense that they are working to correct/improve the economy and as […] Kaperoni
July 19, 2022 Kaperoni The advisor to the prime minister clarified today that the government’s intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms […] Kaperoni
July 18, 2022 Kaperoni …A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by […] Kaperoni
July 16, 2022 Kaperoni Excellent interview tonight posted with the deputy governor of the central bank on Iraq…Ihsan Shamran. He mentions the money printed in Iraq now is 83 trillion dinar. Clearly, one who […] Kaperoni
July 15, 2022 Kaperoni Iraq has two choices with the currency. The first one is if they don’t develop the economy as expected they will have no option but to replace the currency (LOP). […] Kaperoni
July 12, 2022 Kaperoni Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that […] Kaperoni
July 10, 2022 Kaperoni What will happen to the dinar has already been clearly documented by the IMF back in 2013. Many didn’t believe it, but this is how monetary policy works. There is […] Kaperoni
July 9, 2022 Kaperoni Guru Tivon claims next week Iraq will raise the exchange rate after Parliament had signed a petition to do so. They can sign all the petitions they want, the CBI […] Kaperoni
July 8, 2022 Kaperoni Post 2 of 2 ..Triggered by oil revenues and the Balassa-Samuelson effect, to accommodate real exchange rate appreciation while keeping domestic inflation low…since that report in 2013, you can see they are desperately trying […] Kaperoni
July 8, 2022 Kaperoni Post 1 of 2 Paraphrasing from the IMF Article XIV, the IMF would like Iraq to create the conditions (a diverse economy) which would make possible a move to a more flexible exchange rate […] Kaperoni
July 7, 2022 Kaperoni …Multiple currency practice…has nothing to do with dual currencies, it has to do with different exchange rates for the same item within the country. Kaperoni
July 5, 2022 Kaperoni Al-Maliki insists he is the best candidate for prime minister. Iraqis need to wake up he is as corrupt as it gets! Say no! …Until there is a new government […] Kaperoni
July 4, 2022 Kaperoni …Guru Pimpy says Iraq is not going to replace the dinar…Not true, this is exactly what they’re talking about ..issuing a new Iraqi dinar replacing the old. Kaperoni
July 4, 2022 Kaperoni …A news article came out quoting from the State of Law coalition that al-Maliki more than likely will be there candidate for prime minister…this is not good! Kaperoni
June 28, 2022 Kaperoni Local media announces today Al-Maliki will carry out a coup and become prime minister again…He is bad news for Iraq and is a pawn of Iran…Plainly put this is terrible […] Kaperoni