pimpy’s

Here we are in November already.  You have the rest of November and all of December to try to pass a budget for 2023.  We know that the draft is […]

My inbox is being flooded with people asking me questions about the latest chit-chat about the budget including a new rate for the Iraq dinar…I’ll repeat myself, when it comes […]

The people who are responsible for changing the exchange rate is the Central Bank of Iraq period.  No ifs, ands or buts.  They are the ones responsible for the direction […]

The people who are responsible for changing the exchange rate is the Central Bank of Iraq period.  No ifs, ands or buts.  They are the ones responsible for the direction […]

Article:  “Al-Eqabi: The 2023 budget will be explosive…and reveals the reason for Al-Najjar’s resignation”  Here’s the talk of the town…we know they have a huge surplus…by the end of this […]

Question:  “Can the Iraqi dinar reach an exchange rate of $3.22?”  Of course it could.  But there’s a lot of things they’re going to have to take place in order […]

Question:  “Can the Iraqi dinar reach an exchange rate of $3.22?”  Of course it could.  But there’s a lot of things they’re going to have to take place in order […]

A 4000% increase in value of a currency overnight is unrealistic.  No currency has ever jumped up that high, that quick.  You’re more likely to see it happen in increments.  […]

A 4000% increase in value of a currency overnight is unrealistic.  No currency has ever jumped up that high, that quick.  You’re more likely to see it happen in increments.  […]

They’ve [Iraq] come a long ways.  They’re out of Chapter VII…they have $90 billion in foreign reserve assets… 132 tons of gold.  They’re doing all the things all the things […]

They’ve [Iraq] come a long ways.  They’re out of Chapter VII…they have $90 billion in foreign reserve assets… 132 tons of gold.  They’re doing all the things all the things […]

Once again they are talking about changing the exchange rate.  The interesting thing…is the back and forth about whether or not they’re going to do it…Sadr as…the Coordinating Framework…[made] promises […]

Once again they are talking about changing the exchange rate.  The interesting thing…is the back and forth about whether or not they’re going to do it…Sadr as…the Coordinating Framework…[made] promises […]

Once again they are talking about changing the exchange rate.  The interesting thing…is the back and forth about whether or not they’re going to do it…Sadr as…the Coordinating Framework…[made] promises […]

It’s getting interesting over there in Iraq.  The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that […]

Article:  “The secret of the Sudanese government’s retreat from changing the exchange rate of Iraqi dinar”  Sudanese made a promise to the people that he would…change the exchange rate…now all […]

Article:  “The secret of the Sudanese government’s retreat from changing the exchange rate of Iraqi dinar”  Sudanese made a promise to the people that he would…change the exchange rate…now all […]

[The dinar] was around 1199 for every dollar.  They changed it to 1450 dinars for every dollar.  Now Maliki is talking about changing it to 1375.  That’s about halfway between […]

The 8th fastest growing economy, $9 billion a month in sales, a possible $200 billion in surplus money.  It just seems like Iraq is teetering right on the edge of […]

If they do change the rate, there’s no doubt that at the very least they’re going to change it back to the 1190 which was the previous rate.  That’s like […]

If they do change the rate, there’s no doubt that at the very least they’re going to change it back to the 1190 which was the previous rate.  That’s like […]

Article:  “Iraq is the eight Arab country with the fastest growing economy in 2023”  This is phenomenal news for Iraq…this is what we want.  What we really need in order […]

Article:  “Iraq is the eight Arab country with the fastest growing economy in 2023”  This is phenomenal news for Iraq…this is what we want.  What we really need in order […]

I’m still hearing…they anticipate an exchange rate increase back to the original, and I don’t mean the 1190 dinars, they’re talking about the $3 rate.  There’s not indication of that […]