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Showing results for tags 'opinion'.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-22-2025 Clare Article: "Iraq: Concluding Statement of the 2025 IMF Article IV Mission" Quote: "An International Monetary Fund (IMF)...met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation...A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability. [Post 1 of 2] 5-22-2025 Clare Article quote continued: "Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system...The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access." [Post 2 of 2] 5-22-2025 Pimpy People say, I don't think this [$0.76] is where the rate is going to be. I agree. I don't think that's where the rate's going to be either. It might when we first start but I don't think it's going to stop there...$3.22, is that possible? Yeah that's possible. I don't deny that. But $3.22 is not going to be times this denomination [25,000]. It's going to be times this denomination [25]. They're going to have the $3.22 rate. I agree with you. But after they delete the zeros, not before...I'll take the $3.22 rate even if they take the zeros off. Me too Pimple..! At least that's almost 3 x my investment.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-22-2025 Mnt Goat I have to keep asking just how much longer before the U.S. will sign off on this RV event and allow IRAQ to normalize their currency. We heard a lot of news about the crushing of the parallel market. We suspect to hear shortly that it has matched the “official” CBI rate. This is coming. ...We know the first step to the currency reform of normalization, is the issuing of the newer lower denominations. WE should know it is coming and my CBI contact is on the committee to help orchestrate this event, when the committee is told to go ahead.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-21-2025 Fnu Lnu I believe they will make the shift into a value added currency however, I also feel this will come after the Digital transformation has been completed and all ancillary hardware and software has been installed and training completed, and global oil prices have increased. 5-21-2025 Clare Article quote: "Economic expert Safwan Qusay concluded his remarks by stating that the government is serious about generating revenue from all sectors as part of a future development plan, noting that financial reforms and Syria's exit from the black market have contributed to reducing pressure on the dollar, predicting that its price will continue to decline to 132,000 dinars per $100."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-21-2025 Mnt Goat ...the 34th Arab Summit held in Baghdad this past Saturday, May 17, 2025...was a pivotal moment in strengthening Iraq’s regional economic role and consolidating its position as one of the most prominent players in shaping the Arab development map, at a time when it has risen to fourth place in the Arab world in terms of gross domestic product by 2025. This is just yet another ride on the RV choo-choo that Iraq took to strengthen its position even more. If later they are going to present a dinar rate much higher than most, if not all middle eastern countries, they better be able to back it up.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-19-2025 Mnt Goat Article: "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY" Quote: "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system" WOW! ...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena. If they are going to go international with their currency there will be vulnerability. They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic shocks”. I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-18-2025 Kaperoni Article: "Prime Minister's Advisor: The Baghdad Summit proceeded smoothly and Iraq has regained its leadership role." 5-18-2025 Fnu Lnu Per the most recent annual report finals issued in Q4 of 2024, Iraq HAS A REER of 1300 Dinars to 1 USD, and that remains unchanged for the past two years. Play make-believe if you wish, but it would be advantageous to at least consult the records of fact as they currently exist. Facts matter and rumors or mythology are just fun mental toys to play with. So, exactly what do you want to say Fnu Lnu..? Say it definitively..! 5-18-2025 Clare Article: “Trade Bank of Iraq wins JP Morgan Chase’s STP award " Quote: "According to TBI spokesperson Ahmed Al-Khazraji, this award is granted based on the amount of electronic transactions completed by the bank and the percentage of direct foreign transfers, as well as the level of compliance with JP Morgan Chase’s precise criteria. This recognition ranks the TBI among an elite group of banks that have been awarded for their direct transfer operations, with STP rates of 99.68 percent for the MT103 category of SWIFT payments."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-5-2025 Mnt Goat Article: “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.” As investors we have...been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005. One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session. A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-3-2025 Fnu Lnu Here is my weekly list of projects in Iraq showing progress is steady and moving forward at a REER of 1300 IQD to $1 USD. "Advanced Talks" on $17bn Mega-Project in Iraq - Iraq Approves Siemens Energy Contracts - Saudi Arabia to build Silica-Based Industrial Complex in Anbar - Iraqi-Spanish Company to grow Olives in Wasit - Major New Hotel Opens in Baghdad - GE Vernova to Upgrade Bazyan Power Plant - Iraq and ACWA advance Najaf Solar Power Plant - Swiss Firm to build Grain Silo in Kirkuk - EBRD Enables Expansion into Iraq - Ur Tourist City Projects Advance (NOTE: This is the real reason Iraq wants the travel advisory lifted.) - Iraqi Drilling Company Completes 13 New Wells; - New Sadr City: Chinese State Firm to build 11,000 Houses - $1.17bn New Cement and Chemical Investment in Muthanna - Progress on Construction of Nasiriyah International Airport - Iraq Stock Exchange to join Tabadul Digital Trading Platform.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-1-2025 Newshound Mnt Goat ...Iraq is excited and so should we be... the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.
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Saturday Early Afternoon Opinions - 2:35 PM MST - 4/12/2025
ronscarpa posted a topic in Dinar Rumors
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 4-12-2025 Clare Article: "Al-Sudani announces a 128% increase in customs revenues and a 22% increase in tax revenues." Quote: "Iraqi Prime Minister Mohammed Shia al-Sudani announced on Monday that customs revenues increased by about 128% and tax revenues by about 22%, higher than previous years." 4-12-2025 Militia Man Article quote: "Iraq seeks to deepen economic partnerships and finance priority projects." They talked about JP Morgan being involved. It's one of the biggest banks in the world. Why would they be coming in and staying around thinking they're going to fund all these investments with an exchange rate that's basically a form of currency manipulation? -
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 4-10-2025 Mnt Goat Article: “IRAN-BACKED MILITIAS IN IRAQ ARE READY TO DISARM FOLLOWING TRUMP’S THREATS” Do you know just how good this news really is?... we have been waiting for this kind of news since these Iranian militia...first entered Iraq in 2014 to fight ISIS...in today’s new we find this justice with Nori Al-Maliki is coming much sooner than most think...If this isn’t a WOW! WOW! WOW! article I don’t what is..... 4-10-2025 Samson Article: "Vice President of the American Chamber of Commerce: The Treasury Department will play a role in developing the Iraqi economy."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 4-4-2025 Clare Article: “Free Iraq from Iran Act: U.S. Legislative Efforts to Curb Iranian Influence" Quote: "In a concerted effort to bolster Iraq's sovereignty and diminish Iranian influence within its borders, U.S. Representative Joe Wilson (R-SC) has proposed Free Iraq from Iran Act seeks to designate key Iran-backed groups operating in Iraq as terrorist organizations and to prohibit U.S. funds from reaching these militias." 4-4-2025 Kaperoni Article: "Al-Nusairi: 2025 indicators: a strong economy, a recovering dinar, and developing banks." 4-4-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says it's Sudani sending Alaq to talk a whole lot today. He said the CBI is working in initiatives to finance the projects outside the 3-year budget. We didn't even know we had projects outside the 3-year budget...that to us means an international rate...and they're working on implementing a digital dinar and it's coming soon. If we're going to have a digital dinar we're definitely are going to have a new exchange rate. FRANK: Yes! That's exactly what it means.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-31-2025 Clare Article: "Office of Grand Ayatollah Sistani: Tomorrow, Monday, is the first day of Eid al-Fitr." 3-31-2025 Mnt Goat Article: “AL-NUSAIRI: 2025 INDICATORS: A STRONG ECONOMY, A RECOVERING DINAR, AND DEVELOPING BANKS.” Quote: "...our dinar is recovering and gradually returning towards an exchange rate against the US dollar towards the equilibrium price targeted by the Central Bank." He said “gradual”...Then he talks about an “equilibrium” price that is being targeted by the CBI. My CBI contact has been telling us that the parallel market must be cracked to drive down the informal price of the dollar to the “official” CBI rate. Appears to me they are cracking the parallel market...this will not happen overnight. The CBI is not going to divulge this target rate to us but we do know they told us it is at the “official” rate or very close to it. Then we were told when this happens this will trigger the Project to Delete the Zeros...
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-26-2025 Mnt Goat Will cash paper dinar coincide with the digital dinar? Article: “RAFIDAIN BANK DEPLOYS ATMS AT 5 STATIONS IN BAGHDAD” Why would they deploy yet more ATMs now. Don’t forget also the hundreds of ATMs deployed throughout Iraq in the past. Why would they do this if not still expecting to use cash at some level. Article Quote: “Rafidain Bank announced the deployment of automated teller machines (ATMs) at a number of stations, allowing customers to conduct withdrawals and deposits easily and safely..." So, now we see the ATMs would only be needed if there is still a need for cash.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-22-2025 Samson Article: "German report: Iraq is moving toward issuing a digital currency to eliminate US control over the central bank." Quote: "A report by the German website news outlet revealed...Iraq has begun abandoning the US dollar in its efforts to launch the Iraqi digital dinar to end the parallel market." 3-22-2025 Frank26 When someone says to you, 'Give me your dinars because I belong to a group that's going to be able to pay you a higher rate than what the CBI can pay you.' Run! They're connivers...thieves...liars. What they do is they take your dinar and they put it in a bank account in Iraq that draws interest. They're making money off of it. If I was you I would say to them, 'Give me back my dinar, give me back my dong.' How many times have these tiers happened? It's impossible they can give you $5/$6 for every dinar. There are no dual exchange rates. It's illegal. It's called money laundering. Be careful what you do. I feel bad for you people. [Note: Your dinar is a real currency. Treat them just like you would dollars or euros. If you wouldn't do, whatever it is, with your dollars or euros then think twice about doing that same thing with your dinar.]
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-7-2025 Samson Article: "Tomorrow.. End of the US 'exemption' for exporting Iranian gas to Iraq" 3-8-2025 MarkZ Article: In Iraq: “Parliamentarian: Budget tables have not reached the finance committee so far” We are all wondering why? There is one very obvious answer to this question. It may have a rate change in it. I am hearing from contacts in Iraq-they continue to delay until they are allowed to release …because there will be rates in there. I hope it is accurate and it makes a lot of sense.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-5-2025 Clare Article: "Al-Alaq: 20 Iraqi banks practice direct transfer operations" Quote: "Today, there are 20 Iraqi banks practicing direct transfer operations with international correspondents in eight foreign currencies, within the new system." 3-5-2025 Frank26 We're looking for the printing of the new budget. We want something in print so we can see.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-5-2025 Clare Article: "Parliamentary Finance: We expect the budget tables to reach Parliament in the middle of this month" Quote "...the government will send the schedules in the middle or before the end of this month." 3-5-2025 Sandy Ingram Changes are happening in Iraq. We can only hope this means an increase, even a small increase, in the value of the currency is on the agenda further down the road. We have reason to believe the value of the currency will automatically push up once the Development Road Project is in place...
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-5-2025 Mnt Goat ...we are not likely to see any reinstatement of the dinar until Iran is broken. I mean the government leadership toppled and the terrorist networks abolished. I am told by my CBI contact this must take place to move ahead in Iraq and free Iraq. As long as Iran exists in its present state, the U.S. is NOT going to release (or free) its dinar to the world. [Post 1 of 2] 3-5-2025 Mnt Goat In the midst of the issues with Iran and the U.S., things are still moving ahead in Iraq. It may be an uphill battle for Al-Sudani and Al Ali-Alaq, but they are still aggressively moving forward...the dinar is finally rising in relation to the dollar. Yes, the dinar is finally slowly rising. It should not be long before Iraq rises to the top of the middle east and they advance in the rest of the world in global stature. [Post 2 of 2]
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 3-2-2025 Mnt Goat Article: "CENTRAL BANK: ACHIEVED INTERNATIONAL INTEGRATION BY LINKING THE IRAQI ELECTRONIC PAYMENT SYSTEM TO GLOBAL NETWORKS" Quote: "...we achieved international integration by linking the Iraqi electronic payment system to global payment networks, which allows the transformation of accepting foreign cards locally and expanding the acceptance of Iraqi cards internationally,” 3-1-2025 Frank26 This investment of ours can cause us doubt. But you know what? Doubt always asks a question. It's faith that answers the question. I know some of you may doubt that this will every happen but I have faith that it will and that's my opinion...My belief cancels any doubt...unbelief doesn't want the answer.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-27-2025 MarkZ Article: “To arrange the papers with the Americans: The reasons for Al-Kazemi’s return to Baghdad” This is former prime minister, Al-Kazemi is extremely well versed and well connected in the US and Saudi political systems. He is back in Iraq to be a go between/ mediator as they work through all their final agreements with the US, Saudi and the basket of currencies . They have the A-Team in charge and it is getting fun to watch.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-26-2025 Militia Man We know Iraq's value is not based off oil alone. Aside from the obvious natural resources, non-oil revenue streams...she has massive diversity with income streams. All of which are underlying issues to get a proper valuation based on real assets and not based off sanctioned exchange rate that is not an international one. It has been in sub-penny range for over 20 years now. It's Iraq's time to shine. Iraq's ready for full integration into the international arena.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-22-2025 Mnt Goat There has to be a breakthrough soon. Iraq cannot continue indefinitely like this. They have set up the banking system for international transactions. Everything is actually in place to do business with the rest of the world. The only question is when (not if) will they complete the currency reform as planned.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-14-2025 Newshound Mnt Goat Articles: “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” and ” TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN“. These are my favorite articles in the news... It may at first seem imposing, but it will lead us to what we have been looking for all along...this move by the US is supported by the CBI and is in the plan as the next move that had to be made...It is going to set up the dinar for the future value.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 2-12-2025 Walkingstick [Contractor friend in Iraq update] IRAQI CONTRACTOR: I've been in all the executive branch meetings with the CBI. Right now the CBI is redoing my contract. In fact, they're redoing all contracts in Iraq because there will be a rate change soon. Also the CBI and the GOI speaking. I heard them at this meeting bring up that the CBI and GOI will now release the articles on the lower notes - the pictures... descriptions for the citizens to see... They used to pay us in American dollars, now all contracts are being paid only in dinars. To me the only important thing is my contact. That comes first. I don't care about their currency. I don't care about what they're doing with the purchasing power. As long as the IQD value they come out with matches the contract value they gave me in American dollars when they first wrote it to me, that's all I care about. I don't care about buying any stupid dinars. My profit is from investing in Iraq and there are no restrictions. The sky is the limit.
