pimpy’s

Article: “Kurdistan in Baghdad’s footsteps:  Demands to use the dinar exclusively in the real estate and car market”  This is a big move.  If you want to boost the confidence […]

This [Money Laundering] is a big issue for Iraq.  If your government can’t stop laundering money, you’re going to stay on a so-called blacklist.  Your money will never be traded […]

There’s so many rumors out there when it comes to Iraqi dinar that you’ll go insane, you’ll pull your hair out trying to figure out what is BS and what […]

There’s so many rumors out there when it comes to Iraqi dinar that you’ll go insane, you’ll pull your hair out trying to figure out what is BS and what […]

We’ve been monitoring whether or not they’re going to pass the budget as well as conclude and finally sign the oil agreement between Kurdistan and Baghdad…definitely the budget is important […]

There is some chatter about there being a new rate inside the budget.  Just so you know that every time they talk about a budget that kind of chatter comes […]

When you go through the news in Iraq all of it is talk about the budget.  When it’s going to be done.  When they’re going to vote on it.  What […]

Article: “Iraqis Fly to Nearby Countries to Get Dollars as U.S. Cracks Down on Money Laundering”  Here’s where the problem lies.  When your government is allies and backed by Iran […]

Article: “International Monetary Fund Expects Iraq ‘s External Debt to Fall by $1.2 Billion”  It’s really been amazing to watch Iraq pay off all their debt both external and internal […]

I’m concerned to see how the Iraqi dinar is going to respond to the .25 hike in the Fed’s interest rates.  Usually foreign currencies take a hit.  I’m not sure […]

In case you’re wondering why it is that they might change the exchange rate… – To have more purchasing power.  If they’re importing a lot of goods…this would help the […]

People are saying, ‘Could they change the rate Pimpy?”  Yeah, of course they can. Until the final budget is out we know they had projected the budget at 1300 dinar.  […]

Article:  “Baghdad and Washington emphasize support for Iraqi banking reform efforts”  What gets me is how close Washington is really paying attention to how quickly Iraq implements all the reforms […]

Article:  “Parliamentary finance suggests when the dollar price will stabilize at the official price”  As much as they talk about this in the news there’s obviously still some concern about […]

Iraq does have goods that it exports but they have to get this going…They are having to import more than they are exporting so it seemed to me you’d want […]

There’s really not a whole lot going on in Iraq.  We keep monitoring it.  We’re really just waiting for the budget to pass.  Once it passes I’m curious to see […]

Iraq’s doing everything they can to just tread water for now and doing a pretty good job if you ask me.  Iraq has $115 billion in reserve assets.  That’s awesome.  […]

There seems to be a lot of stalling happening when it comes to the budget and I’m wondering if they’re just waiting to see what the United States is going […]

CBDC…In case you didn’t know it looks like this July is when they’re gonna launch [the CBDC in the U.S.] …Everybody keeps asking me, ‘If we go to CBDC what […]

When it comes to the parallel rates, this is in almost every county, you’ve always going to have some kind of black market that’s involved in currencies.  The black market […]

Article: “Parliament finance reveals the deadline for approving the budget”  the decline has now been pushed to the end of May.  So not only do we still not have a […]

There is no in-country/out-country special rate.  I don’t care what the hell people tell you.  All you have to do is apply common sense.  If that was the case you […]