August 31, 2024 Enorrste If the dinar exchange rate is ever to rise in value, it will be based on the economic success and growth of Iraq’s own economy. There are no shortcuts. Enorrste
August 15, 2023 Enorrste There is no such thing as an RV. That’s the bottom line right there. There’s a float leading to growth. We can hope that it’ll grow fast and I suspect that […]
August 7, 2023 Enorrste They already have 132 tons of gold. Now they’re coming in with another 50 tons per year. They’re planning on making this the strongest currency in the world. There’s no […]
July 30, 2023 Enorrste ..Opening a dinar denominated checking or banking account at Chase for instance as a possibility. If it’s denominated in dinar and the dinar goes up, then you’re already home free, […]
July 20, 2023 Enorrste We’re hopeful the securities law will get passed within a month or two. That allows for the stock exchange in Iraq to grow. At this point it’s minuscule…
July 16, 2023 Enorrste They’re going to switch from a ‘Keep my money in the mattress’ economy to forcing these people to take their money out of the mattresses and to put it into banks and […]
July 13, 2023 Enorrste Article Quote: “JP Morgan had previously handled the process of financial transactions for Iraqi trade with China…” Isn’t that amazing. China and the United States, two of the biggest trade […]
July 10, 2023 Enorrste Getting out of Article 14 of the IMF charter is essential for them to do what’s called international trading.
July 10, 2023 Enorrste JP Morgan [bank] is ready to leap into the fray…Their words are amazing, ‘Bring it into the world trade system’… They’re [Iraq’s] going to go from being a little regional […]
July 22, 2019 Enorrste [Question: Do you think this float may cause a meteoric rise in the value…it’s going to skyrocket in value quickly?] The CBI has very cautiously moved step-by-step to get every […]
July 21, 2019 Enorrste Question: 8.1% – would that translate to very much inflationary pressure? There is no direct connection between the rate of growth of the GDP in Iraq and the value of […]
July 20, 2019 Enorrste [Article: The Liberalization of prices is the most important implication in the market economy.]. I can’t help but believe that means floating the currency. You can’t liberalize the price without […]
July 19, 2019 Enorrste They will change the exchange regime to a float and move to article VIII at the same time. I can’t imagine why they wouldn’t do it at the same time…they’re […]
July 17, 2019 Enorrste I don’t think we can underestimate the role of the IMF in all of this. They stated two years ago they were going to become the trustee of the Central […]
July 16, 2019 Enorrste Haven’t had anything to say for a while but now we’re getting close so let’s get into it….[Article the Central Bank of Iraq on Thursday announced the foreign reserves rose […]
May 5, 2017 Enorrste Article: “Vice: oversees the United Nations five-year plan for economic development in Iraq” I agree with KAP that the IMF is what she is referring to. This confirms and ties […]
May 3, 2017 Enorrste Article: “Abadi: We need to strengthen the economy and the protection of the national industrial and agricultural product…” Quote: “we want to increase Iraq ‘s exports of many materials and […]
January 10, 2017 Enorrste “Central Bank supports the international mathematical figure the “IBAN” starting from 2 January 2017” Here is what IBAN means: “The International Bank Account Number (IBAN) is an internationally agreed system […]
