Pimpy

The more I read about Iraq, the more I read about the reforms taking place in the Iraqi banking system, the more I’m convinced that they’re absolutely positively not going […]

Delete the zeros question: “If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange […]

Article:  “Prime Minister’s Advisor: Baghdad summit took place regularly and Iraq regained its leading role”  This is an important place for Iraq.  They once were the lead over in the Middle East […]

When you redenominate and delete those zeros, you’re not going to exchange 25,000 and get $25,000.  That’s not what’s going to happen.  They’re going to remove the zeros and you’re […]

You got to understand when you’re dealing with exchange rate, it’s global.  Because people are making trade with them. There’s no ‘in country’ rate, ‘out of country’ rate.  It’s the same, […]

As you can see over in Syria the people celebrated throughout the night.  Trump lifted all sanction off Syria.  He’s trying to bring peace to the Middle East…He seems to […]

If they’re going to delete the zeros off their currency, which is the bank notes…that’s a redenomination.  So a 25,000 dinar now becomes a 25 dinar and it will look […]

What do you think, the dinar is trying to tank their entire economy?  Not going to happen…If they delete the zeros your 1,000 dinar is going to become 1 dinar.  Your […]

Yes the Iraqi dinar did pick up some value against the US dollar.  It shouldn’t be surprised, there’s a trade war going on.  I do like the fact that the […]

If you try to sell your Iraqi dinar back, you don’t want to go to [Online brokers]. If you can find a bank, they’ll do it at the currency rate.  They’ll […]

Article: “Iraqi politician proposes to the Sudanese to invite Trump to attend the Baghdad summit”  You’re not going to get Trump there but you could definitely get a representative there.

The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq…Sudani seems to be getting everything back on track.  Keep your fingers crossed that no more […]

Be careful…You’re not going to see the Iraqi dinar be above $5 per dinar.  You’re not going to see the Iraqi dinar at $4 per dinar.  You’re not even going […]

Is it going to redenominate?  Yeah, if they keep mentioning the deletion of the zeros.  The ‘removal’, the ‘deletion’ of the zeros that is a redenomination.  They’ve been talking about it going […]

Nothing is going to happen to the Iraqi bank note until the central bank digital currency is being launched.  That’s just common sense. Pimpy  

I have 5 million dinars.  Obviously if they delete the zeros that now becomes 5,000 dinars. If they do reinstate the rate that give me $15,000.  I don’t think I […]

Community comment: “Delete the zeros, that’s good, that’s off the exchange rate.”  No.  The deletion of the zeros is a redenomination.  I they redenominate they take the zeros off first.  You […]

Somebody posted this on Facebook, ‘IQD hits $5.69 on Forex. Hidden RV details revealed‘.  No it doesn’t.  Anytime you see anything and I means anything about the IQD being above a […]

Every guru out there keeps talking about how great the [Iraqi] economy is.  I don’t deny that at all.  The economy continues to grow.  Iraq continues to grow. They get […]

The best you can hope for is you cross your fingers or pray to God that Trump devaluing the US dollar continues to happen at a fast pace to where […]

Community Comment: “…pipe dream.”  I wouldn’t say so much that it’s a pipe dream…but…If they do the deletion of the zeros, which I’m anticipating is going to happen when they go […]

They seem to be hellbent on getting into the digital currency as quickly as possible.  So why change anything with the Iraqi dinar right now when they know already their […]

People ask me all the time, you talk bad about the dinar. I said, when do I ever talk bad about the dinar?  I never have.  Just because I don’t […]

What I think they’re really going to do first is delete the zeros with the project of the deletion of the zeros and then revalue the currency.  I think what […]

They are pushing to launch the CBDC  [Central Bank Digital Currency] for the Central Bank of Iraq very very soon…That’s when you’re going to see the changes to the Iraqi […]

Iraq has taken all the steps necessary to strengthen their economy as well as the Iraqi dinar.  Like I said before, the thing we need to watch out for is […]

There’s some great news out there.  Not everything is all despair…No there hasn’t been any  changes in the dinar…

The different gurus talk about how great the economy is…and keep saying these are the big signs that the Iraqi dinar is going to revalue.  I don’t disagree with that. […]