And recent months the US Treasury has been working with the CBI and current [former?] governor to shut down the smuggling of currency to Iran. And we se… Read Full Article
…Iraq’s prime minister dismissed the current central bank governor Mustafa Ghaleb for his inability to control the exchange rate and… Read Full Article
I remind people…Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi d… Read Full Article
[via Zig] …The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines… On… Read Full Article
There is no new exchange rate. At least not for the time being. What Iraq is trying to do now is provide stability with the exchange rate. Until Iraq di… Read Full Article
I can assure you…the Iraqi dinar will remain weak until the day comes where they have begin to build a significant diverse economy. As clearly s… Read Full Article
Iraq is beginning to create the conditions to launch a float of the Iraqi dinar. Large Central Bank Reserves, creating a private sector economy, all a… Read Full Article
Launching a float is not a simple event it’s based on the economic growth and laws that are in place. Until Iraq creates the conditions, there wi… Read Full Article
A float is what’s going to happen with the Iraqi dinar but it cannot happen until Iraq creates a private sector to diversify away from oil. It… Read Full Article
Question: “Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cent… Read Full Article
The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meanin… Read Full Article
Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP… Read Full Article
Frank26 says Iraq is going to remove the three zeros off the 1000, 5000, 10,000, 20,000, and 25,000. Does he not understand that is a neutral event/LOP… Read Full Article
[Guru] Frank 26 says they are removing the dollars from Iraq…That’s not possible because that is counterproductive to the daily curre… Read Full Article
This will also help I believe in price discovery when they decide to float the currency…if and when the Iraqi dinar floats it will be based on the… Read Full Article
Interesting article today the Iraqi Stock Exchange announced the launch of an Internet trading system with a private based company to allow investo… Read Full Article
Iraqi economist Sumaisem stated…that Iraq can cannot return the dinar to its previous (1170) for 5 years because it’s bound to the whit… Read Full Article