Pimpy

The big problem is this.  A lot of these political people in Iraq are allies with Iran. That’s a huge problem for Iraq.  And because of this they do a […]

With the restrictions put on Iraq because of Iran it’s causing the devaluation of the Iraqi dinar.

The rumors are swelling away.  I got people telling me, ‘Hey did you hear the Prime Minister say that he was going to restore the exchange rate to its original […]

It’s starting to look like Iraq along with several other countries are in a serious currency crisis…

Let’s get back to Iraq because their currency is going to hell in a hand basket…Prior to the 2020 devaluation of the Iraqi currency we were getting 1190 dinars for […]

Looks like Al-Sudani is fast stepping all kinds of projects to help them get away from relying so much on the oil revenue, which is something we’ve been waiting for […]

Article:  “What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?”  Having large amounts of reserves in gold strengthens your currency…why is the […]

Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22…there’s nothing out there that guarantees the rate at $3.22.  I say that […]

If you want to have a stronger exchange rate for your currency you need a very stable government.  You need a stable currency.  You need a stable economy and having […]

I was watching this video on the black markets over there in Iraq…They were highlighting a female…She takes hundreds of U.S. dollars and buys Iraqi dinars.  She’s buying them on […]

Article:  “Government movement to complete the requirements for Iraq’s accession to the World Trade Organization”  This is a biggie…this is going to affect their currency in a positive way because […]

Article:  “Dollar prices fall in Baghdad and Erbil”  This is the direction you want it to go into.  When you hear the dollar is falling against the dinar that’s what […]

Article:  “A new rise.. The exchange rate of the dollar is close to 160,000 dinars” 1,600 to 1 dollar is the wrong direction.  Nothing that I would be panicking about…[but] […]

A huge jump in the exchange rate, it’s not going to happen.  It’s going to be in increments.  At the very best you can hope for is that it gets […]

I’m impressed with Al-Sadini.  This is not what I was expecting.  I was expecting him to be another one of these clones of Maliki and embedded in corruption.  So far […]

Still in the news today more talk about the exchange rate of the Iraqi dinar…

The last two months have been very rocky for the IQD only because of all the speculation out there.  There’s a lot of people that want to keep the Iraqi […]

You people were told that you cannot exchange your dinar unless you have a humanitarian project.  That’s false… that’s another thing out there that drives me crazy.

The re-denomination of the Iraqi dinar…too much crap has happened with the Iraqi dinar for it to continue to exist in its current state.  Something needs to be done about […]

I think this [stability of the dinar] is going to be an issue for the first couple of months going into 2023 but after that there should be some stability […]