FRANK26 October 31, 2022 Frank26 Post 2 of 2 They’re going exchange them for the rate …and give it to you in your savings account. When you drop the 3-zeros, you drop them off the exchange rate [.0008569 becomes… Read Full Article
FRANK26 October 31, 2022 Frank26 Post 1 of 2 There are two ways of looking at the 3-zeros…What happens when they say, ‘we’re going to drop the 3-zeros?‘ Do you think they’re going to get a pa… Read Full Article
Sandy Ingram October 26, 2022 Sandy Ingram Post 2 of 2 We as investors must prepare ourselves for travel and even then travel may not be enough. In order to open a bank account in Iraq you need an Iraqi ID. You cannot just go and open a bank… Read Full Article
Sandy Ingram October 26, 2022 Sandy Ingram Post 1 of 2 We know there are 3 countries where we can go and exchange the Iraqi dinar – In Iraq at the Central Bank of Iraq, Kuwait…and Jordan…When Kuwait revalued their… Read Full Article
MarkZ October 24, 2022 MarkZ post 2 of 2 [via PDK] If you pay attention to speeches , texts by Sadr and Kazemi…they are talking about going back to the dinar rates former glory from when the rate was around $3 dollars to $1… Read Full Article
Sandy Ingram October 9, 2022 Sandy Ingram post 2 of 2 The CBI quietly encouraged loans by the private banking system in Iraq and it worked big time! The credit granted to the public during the first half of 2022 reached $2.53 billion U… Read Full Article
Sandy Ingram October 9, 2022 Sandy Ingram Post 1 of 2 We have excellent news from Iraq. The ARAP private bank league revealed…the financial statistics of the Iraqi banking sector during the first half of 2022 were favorabl… Read Full Article
Mnt Goat September 23, 2022 Mnt Goat post 2 of 2 It won’t be very good for us investors looking for the reinstatement but at least now the process is in motion. Too bad it was not put in motion a couple years ago as we might have been to… Read Full Article
Mnt Goat September 23, 2022 Mnt Goat post 1 of 2 …Iraq continues with this election saga. The Sadr protest deadline of Oct 1 is nearing and they told us they won’t even have the meeting with Sadr until next week…I do n… Read Full Article
MarkZ September 12, 2022 MarkZ Post 1 of 2 [via PDK] Iraq continues to progress…We are getting reports…that they have started paying out some deals with Iraqi dinar…this morning in Europe…T… Read Full Article
Kaperoni August 18, 2022 Kaperoni Post 2 of 2 Unfortunately flotation is the only solution but Iraq is years away due to the lack of laws, corruption, and economic growth. So the dinar will remain weak for now. So if you are an i… Read Full Article
Kaperoni August 18, 2022 Kaperoni Post 1 of 2 A new article came out… discussing strengthening the Iraqi dinar by deleting zeros (LOP) or flotation. The problem is they cannot float under the current circumstances du… Read Full Article
Pimpy's Investment Chat August 15, 2022 Pimpy Post 2 of 2 If there’s a huge demand for the Iraqi dinar, and I would imagine once it hits the Forex you would see people streaming over to it, it would definitely change the Iraqi dinar… Read Full Article
Pimpy's Investment Chat August 15, 2022 Pimpy Post 1 of 2 A “Floating Exchange Rate” is a regime where the currency price of the nation is set by the Forex market based on supply and demand relative to other currencies. This… Read Full Article
Pimpy's Investment Chat August 13, 2022 Pimpy Post 2 of 2 This is the one thing Iraqi dinar investors are frustrated with all the time. Every time it seems like we’re starting to get to where we need to be then there’s always s… Read Full Article
Jeff July 29, 2022 Jeff Post 2 of 2 They need a new public rate to approve the budget. Once the budget is approved…then they can implement the reforms…They want August and September to be able to appro… Read Full Article
Jeff July 29, 2022 Jeff Post 1 of 2 The formation of the government and the rate change, those two steps are married together. They’re gonna RV immediately after they form the government…They̵… Read Full Article
MarkZ July 28, 2022 MarkZ post 2 of 2 [via PDK] Iraq did not expect it to leak the way it did. To roll out of country the way it did. My guess is this will force things to happen quickly now guys. We are hearing very positive… Read Full Article
MarkZ July 28, 2022 MarkZ 1 of 2 [via PDK] We are going to need to be calm…things are happening…this may take a few days to roll out to you and I…In iraq I don’t think they meant for things to move forward like this…… Read Full Article
Breitling July 25, 2022 Breitling Post 2 of 2 Remember they got to compete within their region so they’re not going to have a currency that’s above everybody else’s…the average value of the curren… Read Full Article