kaperoni

The truth is until Iraq puts the correct government in place that is motivated to pass laws, create significant economic growth, encourage investment and diversifies away from oil there’ll be […]

Guru Tivon is telling…that an RV is in the emergency support law. Well I translated it a week or so ago when it was published…there is no such talk of […]

All of this nonsense about a new exchange rate, paying people in dinar, new contracts. It’s all just bullshit! A country’s currency exchange rate is based on the economic growth […]

Guru Militiaman says they must RV soon if they want a market economy…That’s not how it works you build a market economy and then the dinar goes up in value […]

The recent articles over the last couple days from the advisor to the prime minister is encouraging in the sense that they are working to correct/improve the economy and as […]

The advisor to the prime minister clarified today that the government’s intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms […]

…A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by […]

Excellent interview tonight posted with the deputy governor of the central bank on Iraq…Ihsan Shamran.  He mentions the money printed in Iraq now is 83 trillion dinar.  Clearly, one who […]

Iraq has two choices with the currency. The first one is if they don’t develop the economy as expected they will have no option but to replace the currency (LOP).  […]

Many outlets in Iraq are printing a news article today released from the Central Bank of Iraq stating that there is no intention to change the exchange rate and that […]

What will happen to the dinar has already been clearly documented by the IMF back in 2013.  Many didn’t believe it, but this is how monetary policy works. There is […]

Guru Tivon claims next week Iraq will raise the exchange rate after Parliament had signed a petition to do so. They can sign all the petitions they want, the CBI […]

…Multiple currency practice…has nothing to do with dual currencies, it has to do with different exchange rates for the same item within the country.

Al-Maliki insists he is the best candidate for prime minister. Iraqis need to wake up he is as corrupt as it gets! Say no! …Until there is a new government […]

…Guru Pimpy says Iraq is not going to replace the dinar…Not true, this is exactly what they’re talking about ..issuing a new Iraqi dinar replacing the old.

…A news article came out quoting from the State of Law coalition that al-Maliki more than likely will be there candidate for prime minister…this is not good!

Local media announces today Al-Maliki will carry out a coup and become prime minister again…He is bad news for Iraq and is a pawn of Iran…Plainly put this is terrible […]

Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or […]

The first plan which has been discussed by economist and specialists in Iraq in the media and in various symposiums educating the citizens is a currency exchange (LOP). We do […]

The petition in parliament calling to reduce the exchange rate…If it succeeded it would only reduce it back to what it was a year ago…1170

Al-Maliki is now replacing parliamentary members as a result of Al-Sadr quitting.  This is setting the stage for Maliki to be sworn in as the Prime Minister again. Not good […]

..Yes, al-Maliki desperately wants to be prime minister again. Not good news.

As I’ve already stated there are two proposals in Iraq. The first proposal which is being taught to citizens is a currency replacement or a LOP.  The second proposal which […]

..A country’s currency exchange rate is not random or arbitrary. Usually a currency’s exchange rate is based on economic growth, GDP, reserves, etc…If the dinar ever does go up in […]

Within a month or so the IMF will release the latest Article IV Consultation with Iraq which was completed last month and will give us an update on monetary policy.