Kaperoni

 There are many countries around the world with weak currencies, and Iraq’s currency will remain weak until they diversify their economy.

If Iraq wants to do business with the world, they need to get in compliance with IMF regulations, accept Article VIII, pass economic laws  encouraging investment.

Several articles the last few days talking about a unified treasury account in Iraq. We have talked about this for years, as it is necessary for the central bank to […]

   Guru Pimpy thinks sanctions are what are excluding Iraq from access to the international financial system…Wrong! There’s nothing holding Iraq back from engaging with the world financial system other than […]

   Guru Pimpy thinks sanctions are what are excluding Iraq from access to the international financial system…Wrong! There’s nothing holding Iraq back from engaging with the world financial system other than […]

Guru Bruce says the Iraqi oil and gas law or hydrocarbon law has been passed and they’re starting to disperse money to the Iraqi people. Absolutely bullshit!  Parliament  has not […]

Guru Bruce says the Iraqi oil and gas law or hydrocarbon law has been passed and they’re starting to disperse money to the Iraqi people. Absolutely bullshit!  Parliament  has not […]

Guru Frank26 thinks there will be no hydrocarbon law in Iraq until the central bank revalues the currency.  One has nothing to do with the other.  The dinar will remain […]

Iraq is having a very difficult time managing the market rate from the official rate of the CBI. It is over 20% at this time. At almost 1,600 dinars to one […]

Iraq can talk about the WTO all the time and they can get excited about joining, but  it’s all hype until Iraq it creates the conditions for them to be […]

We believe over the next several months of JP Morgan in Iraq will be involved in Iraq’s banking system to help Iraq raise their level of banking with the world […]

The Prime Minister talked about addressing the exchange rate…He’s not talking about an RV…he’s talking about getting the spread back in line…The market rate in Iraq continues to fall.  Now at […]

I believe JP Morgan is going to be a key player over the next few years in Iraq and I think us as individuals may end up somehow being involved […]

I believe JP Morgan is going to be a key player over the next few years in Iraq and I think us as individuals may end up somehow being involved […]

…I see the dinar rising over the next several years gradually via a float as Iraq continues to pass laws, encourage investment, diversify and achieve economic growth increase in GDP…Only with […]

…I see the dinar rising over the next several years gradually via a float as Iraq continues to pass laws, encourage investment, diversify and achieve economic growth increase in GDP…Only with […]

The Central Bank of Iraq continues to struggle with trying to reduce the market rate spread.  Dinar is priced around 1540, which is about 18%.

There are only two options for the Iraqi dinar, one is to allow it to gradually rise over time via a float giving them the opportunity to withdraw the large […]

  I assure you the dong will also remain weak since Vietnams economy has to compete with China for mfg contracts.

Article:  “Tabaqchali: Banks to Fuel the Iraqi Market’s Next Phase”  A step to diversify Iraq’s economy.

I stated years ago, that I think the most likely scenario is that you will open a brokerage account in dinar or something similar. Then when they decide to float […]

There are two possible scenarios for the Iraqi dinar.  One of which is not good for us as investors, which is a redenomination/LOP also referred to delete the three zeros.  […]

Guru Walkingstick thinks that the goal is for the Iraqi dinar to be on par at 1 to $1 with the US dollar. That’s never going to happen overnight. Iraq […]

Guru Militiaman thinks Iraq can just get their currency in line with IMF requirements and then change the exchange rate. Not going to happen.  First off they need to get […]

The CBI needs to free itself and move to IMF Article VIII but in order for that to occur they need to meet IMF compliance before they can accept Article […]

 Community Comment “The US is allowing the dinars (we hold) to go directly to the us treasury against the Iraqi debt to the US.”  Bullshit.

Community comment “Who cares what the Dinar is for, as long as long as the Treasury wants it from us.  This is what Kap has missed all these years.  EO […]

  [I have] always believed the dinar can rise in value significantly but it’s not going to happen overnight.   If the dinar is going to rise it will rise gradually as a […]

Guru Mtn Goat [See Guru Mnt Goat’s Post 8-30-2023] keeps talking about Iraq’s plan to drop the zeros…Yes there is such a plan, but it is a LOP and not what […]

The truth is in order for the Iraqi dinar to ever rise in value Iraq needs to make several significant changes including passing laws to diversify their economy.  They also […]