pimpy’s

The WTO isn’t going to let them in unless they change their exchange rate.  That’s false…They have many members in there with even worse currencies than the Iraqi dinar…Vietnam is […]

Article:   “US dollar Exchange Rate Decreases Against Iraqi Dinar in Baghdad and Erbil”   This is exactly the right direction you want to go.  The US dollar to decrease against […]

People are like, ‘Pimpy doesn’t know what he’s talking about.  It’s on the Forex in-country, it’s floating freely in-country.’  No it’s not.  Yes they do monitor both rates [Official CBI […]

Don’t get caught up in the hype.  There is no in-country/out-of-country exchange rate.  There’s no in-country free-floating exchange rate/out-of-counry fixed exchange rate.  No.  It’s the same all the way around.  […]

They’re doing all the right things now putting themselves in place to strengthen Iraqi dinar.  I do believe it will increase value before 2026…in small increments…As far as the exchange […]

There’s been a lot of back and forth …People are claiming the currency is floating and that it is on the Forex …Is the IQD on the Forex? …Money exchanges, […]

Let’s clear this up…an RI is a reinstatement.  People always intermingle that with the RV.  An RI would be reinstating the rate in which a currency once was.  In Kuwait…they […]

If the RV hasn’t happened by the time the currency is on the Forex it should show in real time…There’s a good possibility that before it hits the Forex that […]

The official rate, which is when the bank tell you it’s a fixed rate – not floating.  In the streets what you have is a black market where people will […]

I would like to see Iraq un-peg their dinar from the US dollar and peg to the same basket that the Arab Monetary Fund uses…22 or 23 nations are involved […]

…people trying to claim there’s a in-country rate and out of country rate…there’s not going to be one that’s for out of country and one that’s for in country.  The […]

I would love to see Iraq change the exchange rate again – lower it.   Go from 1320 per dollar and bring it down to around 1100  [Note: going down in […]

A floating exchange rate is a type of exchange rate regime wherein a country’s value is allowed to freely fluctuate according to the Foreign Exchange Market…Iraq is not allowed to […]

People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean?  ..Iraq is a fixed (pegged) currency.  It’s not a […]

I like the fact that Iraq is pushing more and more for the citizens to solely use the Iraqi dinar…That will allow the Iraqi dinar to strengthen and you’re going […]

There’s something going on with the exchange rate…I would love to see the Iraqi dinar increase in value slightly.  I don’t think it’s a big move but there is talk […]

Article:  “Iraq and America discuss prospects for bilateral cooperation in the field of oil and energy”  Of course we like to hear this…This is where the United States has Iraq […]

Iraq is starting to…stop being a dual currency country.  In other words you can’t use both US dollars and the dinar.  They want to go down to where people can […]

It’s the same gibberish going on out there.  How many millions of different times can you say that we’re just waiting for the budget to be approved?

Yes, I heard there’s an extension to executive order 13303 and everybody’s losing their mind.  ‘This must mean something.  What is it Pimpy?  Has something to do with the dinar.’ […]

Article:  “Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform”  What the cash reserves do, it allows them to flood […]

The representatives have accomplished their second reading of the federal budget and it looks like they’re going to do a vote on the budget sometime around the middle of next […]