Pimpy

Article: “Iraqi Dinar:  IBBC issues major new paper on De-Dollarisation of Iraq”  There’s a new study/report that has been released…As you can imagine it talks about the currency state that […]

Article: “Expert: The Iraqi economy is witnessing a remarkable growth, with the decline in the dollar exchange rate.”  This is good.  We need this to happen.  Iraq needs it to […]

Article: “Economist:  The budget is not affected but dollar exchange rates.  And explain the reason”  The person is saying the budget is never affected by the dollar exchange rate because the […]

Article: “Central Bank of Iraq denies issuance of new 100,000 IQD note”  Someone designed  this…and posted it as if Iraq is going to release a 100,000 dinar.  That’s going in a […]

Article: Central Bank of Iraq quote “There are no current plans to print new currency.”  What that tells me is people don’t have to worry about a lop or redenomination because […]

I agree it’s going to happen.  I don’t have doubt about that.  I’m just keeping an eye on whether or not they want to delete the zeros.  If they go […]

 Iraq was already a member of the World Trade Organization.  They are going through the ascension process for a second time.  That’s because all the rules, regulations, understandings and business practices…changed […]

There’s this misconception that the World Bank, IMF and the BIS get to tell countries what to do.  They don’t…They facilitate.  They make recommendations but they don’t control a country’s […]

 Another budget is getting ready to come and go and there is no talk of the rate change.  Isn’t that what they told you?  It would be in the new budget […]

Floating the currency means the value is determined by the market, so if people for whatever reason want to start investing in the Iraqi dinar and the start buying up […]

 There’s a lot of interesting news but one in particular just got my attention.  The conversation about floating the Iraqi dinar.  If ever you wanted something to happen and for it to […]

Article:  “A reading in the fiscal and monetary policies of the IMF report – May 2024”   This is not good, mostly because they rely so much on oil revenues and they […]

Article: “Floating the Iraqi dinar.  A solution to fill a ‘gap’ whose volatile price against the dollar”  If the Iraq dinar floats and for whatever reason a lot of people […]

Question:  “Is it true the USA invested $60 billion into IQD?”  No.  That’s a rumor.  That’s been going on for years and years and years.  Nobody and I mean absolutely nobody out […]

We are seeing a renaissance take place over in Iraq. But the same issues that are keeping it from really taking off and giving Iraq the type of boom it […]

I said it a million times.  I’m saying the deletion of the zeros is a possibility.  I want the same thing you do.  I own Iraqi dinar.  I’d rather they […]

I have many people tell me, ‘they’re [JP Morgan] invested in Iraq dinar, so is Donald Trump.’   There’s no proof.  They’re not invested in the Iraqi dinar.  I’ve hear that […]

Article:  “Oil Minister: We hope to announce that Iraq’s oil reserves will rise to more than 160 billion barrels”  Good Lordy that’s a lot of barrels…The increase in the reserves […]

Question: “Why are you investing in the Iraqi dinar?”  Because I think it’s going to change in value and I can benefit from it.

Let’s hope it [ascension to full WTO member] happens quickly but it’s not going to be done by [the end of] 2024.

There are a ton of reforms especially in the banking sector.  They’re getting there but they’re not 100% there yet as far as confidence in the currency.  Nobody has confidence […]

You guys got to be careful.  When everybody’s like, ‘Oh, yeah we want the deletion of the zeros’.   Oh no you don’t.  No you don’t…You’re all cheering it on.  I […]

What’s going to happen to the Iraqi dinar?  Once it reaches an acceptable rate by foreign currency holders such as us, then you’re going to flood the market with Iraqi dinars […]

If the dinar were to go free floating that means the rate it will adopt is going to be the one that we see on the parallel market…

My personal feeling is they are going to take the zeros off.  Do I want Iraq to take the zeros off?  No.  I would hope they would leave it on and […]

You know what is scary?  This is the honest to God truth, I could be literally shit-faced drunk, can’t even have the ability to pronounce my name fully and still […]

 Question:  “Will the Vietnam Dong ever RV?”  They have been clearing up a lot of their corruption over there and they are on a huge sweep.  It’s IMO that they reason […]

Question:  “What do you think would be the ideal exchange rate for the dinar?”  You need something that’s right in the middle…1 to 1 exchange rate would be right in that […]

Community comment “Parliament doesn’t have to vote on a budget…” They do whenever you make  amendments or changes…If you’re going to change something in there you have to vote on the […]