pimpy’s

I know there’s a lot of chitter-chatter going on about all the things that are going on with the Iraq bank.  I get it.  I understand that.  But just understand […]

Article:  “With names…America imposes sanctions on 14 Iraqi banks over dollar transactions with Iraqi“  It looks like the very thing I was concerned about happening between the United States and […]

There’s more than just oil in Iraq.  Once the waters in the Euphrates River started to go down not only did they find a city down there that’s 3600 years […]

Article:  “Washington extends Iraq’s exemption by paying the cost of electricity to Iran for four new months”  All of a sudden the Untied States wants to play nice.

Article:  “Washington extends Iraq’s exemption by paying the cost of electricity to Iran for four new months”  All of a sudden the Untied States wants to play nice.

The budget is about to be implemented.  There is a high amount of priority in regards to the private sector and growing it which is what we want to hear.

The budget is about to be implemented.  There is a high amount of priority in regards to the private sector and growing it which is what we want to hear.

People are asking a lot of questions about Article 140…  Article quote:   “Article 140 lays down a clear road map to define the final boundaries of the territory to be […]

I know they have been approached by the BRICs  but you’re not going to see them go because the IQD and Iraq is still under sanction and restriction by the […]

Article: “Parliamentary Finance likely to launch budget funds after July 18”  So here we are.  We’ve passed the budget.  It’s made the Gazette and still they have not allocated out […]

It never fails, as soon as Iraq starts to make progress moving forward something always happens that sets them back… Article:  “Iraq Tests U.S. Sanctions With Oil-for-Gas Deal With Iran”   […]

Question:   “Is the Iraqi dinar asset backed?“   No.  It’s not an asset backed currency.

I made a comment that Iraq was still under restriction, they have to ask the United States permission to do everything and somebody said, ‘No they don’t man.  They have […]

Question:  “Kuwait has $3.29 dinars.  What do they have that Iraq doesn’t?  A currency that’s free of sanctions and restriction is what they have. 

All currencies have some type of backing …what supports the IQD is the oil industry.  But there are other things out there like the amount of gold they buy, the […]

All currencies have some type of backing …what supports the IQD is the oil industry.  But there are other things out there like the amount of gold they buy, the […]

We know their foreign currency reserves are up that’s one of the things that help it.  We know that their gold reserves are up that’s another thing that helps strengthen […]

It’s looking very good for Iraq right now.  It’s sounds good, it looks good, but let’s see if they can actually implement the things they need to and they actually […]

When you learn about what strengthens a currency – Iraq doesn’t have it.  They don’t have it at all.  The fact that 95% of their entire budget is reliant on […]

I agree it would be nice if they had a stronger currency.  I think it’d be more helpful.  They just don’t have the right things in place in order for […]

In the 1930’s…You used to be able to get $4.86 for every Iraqi dinar you had.  This continued on up until…1950’s.  Then all of a sudden the value started to […]

Article:  “Top 10 weakest Currencies in The World In 2023”  As you go down the list Iran [#1] is one of them, which is not surprising.  They’re going through sanctions.  […]

Question:  “Is Iraq and the CBI collecting 3-zero notes?”  No they’re not collecting them right now.  If they were there’d be a redenomination…trust me we don’t want to go that […]

People keep saying Iraq can’t do this total rebuilding without changing the exchange rate.  I was thinking the same thing too.  And it was with good reason.  They could really […]