Pimpy

    No, there is no ‘in-country’ ‘out-country’.    It’s the same everywhere.

A few days ago an article come out, “Two conditions for achieving it. Sudanese adviser rules out removing 3 zeros from the coin” My fingers were crossed and I was […]

Article: “The Iraqi Central Bank announces the results of his visit to New York: A high ranking  delegation negotiated with the US Treasury”  There will be another big meeting by the end […]

If you’re planning on retiring sometime this year because of the Iraqi dinar exchange rate, well put a hold on your plans for just a little bit until we get […]

Until you hear otherwise just assume Alaq has submitted his resignation letter and has not put a date yet as to when his last day is. There are too many […]

On July 11th it was $84.69 per barrel of oil.  As of the 6th of August it had dropped down to $76.17 per barrel…It is now $79.66 per barrel.  This […]

If it could be proven that [Alaq] was involved with some criminal activity…then he should be out of there and convicted…But if it’s all bullshit and this is another one […]

We know pretty soon Iraq is going to be here and talking to people in Washington about what they need to do to get back into good graces, have sanctions […]

 Should he stay or should he go?  There’s a lot of rumors and stories out there about Alaq resigning or him being pushed out because of his age, it’s time for […]

There’s no rate exchange out there that’s even above $3.50, nowhere out there, not even the Kuwait dinar…$3.25…I think theirs is the most valuable so how is somebody going to […]

Iraq is still treading forward.  I’m curious to hear the news about what’s going on with Alaq and what they find out because what they’re reporting is not all peaches […]

Article: “Urgent Central Bank Governor: No direction to reconsider dollar exchange rates and we are going through a major transformation process”  They have no intentions on changing the current exchange rate.  […]

Alaq, all kinds of crap coming out about him…Seems to me they were hip to what was going on damn near a year ago and this would explain whey there’s […]

The Central Bank of Iraq was forced to allocate an entire floor to the US Treasury department to  monitor money transfer operations and prevent any illegal activities.  Talk about a very […]

Article: “The Governor of the Central Bank of Iraq resigns”  He’s pressured out.  There’s all kinds of crap happening…he was behind some shady things and it looks like now he […]

It [the Iraqi dinar] is going to go up in value.  There’s no doubt about it.  But how they go about it is something totally different.  Is it worth the investment?  I […]

Community Comment: “Why do you think Iraq has been dragging its feet?  It’s because Iraq has been FIGHTING to RAKE IN all the dinar that is OUTSIDE THE COUNTRY!  Once they […]

The news continues to be good for Iraq.  This is what we want to hear.  We love that they’re  continuing with the reforms as well as aiming to improve the […]

Does that make sense to you?… No, once the re-denomination takes place it’s worldwide.  You might still have the old notes…but you’re not going to be able to exchange 1,000 dinars […]

  Once a country re-denominates, they don’t just recognize the re-denomination in country.  It’s recognized throughout the world…Does it make sense that they’re going to have a different rate exchange in […]

Article: “Minister: Countries in the region want Iraq to return as a global economic player”  We are very aware Iraq is still moving forward with its process into the World Trade […]

 Community Comment:  “If you have the old note with all the zeros on them, the Iraqi bank is obligated to give you the rate that’s on their screen.”  They’re not […]

Community Comment “An old 1000 dinar will be worth $3.21 x 1000 dinar = $3,210.”  No it won’t.   Not at all.  They’ll just look at [your 1000 note] and know […]

Article: “International Monetary Authority:  Iraq increases its gold reserves to 148 tons“.  They added another 2.6 tons of gold to their holdings…I remember way back when Iraq had…86 tons and now […]

If you’d been holding on to your dinars for at least 10 years you have more than doubled your money. That’s not including any change to the exchange rate, because […]

Article: “Iraqi bank announces investment deposits with returns up to 10%” that’s a really good return…Imagine if 20 years ago you’d have made a deposit and been able to get […]

“Removing Zeros from the Iraqi currency: Talk Returns and Possibility of Implementation”  What is nominal value Pimpy?  The nominal value of currency is its current price or face value as printed on […]

Yes, an article came out again about deletion of the zeros… “Removing Zeros from the Iraqi currency: Talk Returns and Possibility of Implementation”  I keep telling everybody when they do […]

I keep telling people, the WTO will talk about the Iraqi exchange rate but not in the sense that they’re forcing or telling Iraq they have to change their exchange […]

It’s not the job of the World Trade Organization to handle Iraq’s currency exchange rate.  That’s not what they’re there for.   It’s called the World Trade Organization not the World Exchange Rate […]