Category Archives: Uncategorized

We buy (and sell) Dinar!!

We buy (and sell) Dinar!!  We Buy Iraqi Dinar (and Dong) at the highest rate in the industry & are very quick on turn around times. Our current Dinar Buy-Back rate is, essentially, the OFFICIAL CBI rate as offered in … Continue reading

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Samson

Samson – Dinar Guru  Article: ”Negotiations for Iraq’s accession to the World Trade Organization after a 16-year absence“

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Follow us on DinarUpdates!!

Follow us on DinarUpdates: on Twitter – @DinarUpdates – https://twitter.com/DinarUpdates http://DinarUpdates.com/blog – The BLOG (Dinar news articles) http://Dinarupdates.com/observer – The OBSERVER (Dinar guru commentaries) …and of course on FaceBook: Facebook.com/groups/571383766355188

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Militia Man

Militia Man – Dinar Guru  They pushed out the HOR meeting till after this next holiday which is on the 17th…The WTO meeting they say is on the 18th unless their calendar changes.  I highly suspect that won’t be the case.  They … Continue reading

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Militia Man

Militia Man – Dinar Guru   This next week there’s supposedly a formal and historic meeting with the WTO and Iraq on the basis of accession… They told us it was going to be formal and historic…

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Buckeyetree

Buckeyetree – Dinar Guru  …Much progress has been made from the USA trip by Sudani in April, the technology with fiber optics, electronic banking, using only the dinar, foreign contracts with huge projects, the ATMs, and the HCL practically done with Barzani … Continue reading

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Clare

Clare – Dinar Guru Article: “Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks”  Quote:  “Nelson praised, ‘the steps taken by the Iraqi government to support the Iraqi economy and address the challenges it faces.“

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Sandy Ingram

Sandy Ingram – Dinar Guru  There is a high demand for US dollars in countries like Iran and Syria where local currencies have significantly devalued.  Entities in these countries are desperate to obtain…physical dollars …because they are accepted everywhere and impossible … Continue reading

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Pimpy

Pimpy – Dinar Guru  Article: “The stability of the exchange rate of the dinar against the dollar is real and firm” This is one of those big steps we have been looking forward to, which is stability of the currency.   We’ve … Continue reading

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Militia Man

Militia Man – Dinar Gur  Ceasing the dollar auctions as we know it.  Tomorrow [Monday] is supposed to be the first day they’re going to have a new mechanism for using the dollar and selling that dollar.  People are going to … Continue reading

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Samson

Samson – Dinar Guru  Article: ”WTO Working Party Meeting July 18th after 16 years“

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Militia Man

Militia Man – Dinar Guru  They haven’t started oil pumping and you have to ask yourself, why?  Because they need revaluation for that and I think that’s what we’re waiting for.  Is that some sort of delay?  I don’t think so.  I think the … Continue reading

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Clare

Clare – Dinar Guru  Article:  “Source: Iraq’s Central Bank Governor in unannounced visit to US to discuss Yuan ban”  Quote:  “al-Allaq departed for Washington last Tuesday to meet with officials from the Federal Reserve and the US Treasury Department.“

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Samson

Samson – Dinar Guru  Article “Sources: The governor of the Central Bank of Iraq made an unannounced visit to Washington on the Chinese yuan“

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Pimpy

Pimpy – Dinar Guru  This is big… Article Quote: “According to the latest data that is available, transactions through the central bank electronic platform have considerably increased with daily transactions reaching $200 million which is consistent with the size of Iraq’s economy.  … Continue reading

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Pimpy

Pimpy – Dinar Guru   Article quote:  “The transparency provides a realtime reporting on the FITR platform can also enhance market confidence in the Iraqi dinar.  Investors and traders are more likely to trust a currency whose transactions are openly documented and monitored … Continue reading

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Mountain Goat

Mountain Goat – Dinar Guru  In talking to my CBI contact      …I was told there is a master plan they are following to get to the reinstatement… The point that was made to me…is that the IQD should already be reinstated if … Continue reading

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Clare

Clare – Dinar Guru  Article: “Iraqi-American talks on the exchange rate of the dinar against the dollar”

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Jeff

Jeff – Dinar Guru  Some of you have said that parliament has nothing to do with this [the budget]…It actually does  because they unconstitutionally approved the budget and the budget’s approval has everything to do with it.  That’s the piece to the … Continue reading

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Sandy Ingram

Sandy Ingram – Dinar Guru  When you invest [your dinar profits], more than likely your financial advisor is going to recommend business ventures that will create a cash flow to uphold your lifestyle.  If it takes a moment or two to … Continue reading

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Pimpy

Pimpy – Dinar Guru  Oh, this is big news right here, look at this, Article “Iraq’s non-oil revenues reach 11% for the first time”  Been talking about this for the longest time.  This has got to increase.  It’s usually around 4%…Yah!  … Continue reading

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Clare

Clare – Dinar Guru  Article: “For the first time, the Iraqi state’s non-oil revenues record an increase of 11%” Quote: “…for the first time, the non-oil revenues of the Iraqi state recorded 11% of the total revenues, with oil revenues falling … Continue reading

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Militia Man

Militia Man – Dinar Guru  [Response to Guru Jeff 3-12-2024 below] The 2023-24 budget has been approved and voted on and even in the Gazette as of ~June 2023.  It allows the government to make amendments to things.  Is this constitutional thing? I don’t … Continue reading

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Clare

Clare – Dinar Guru  Community Comment: “I don’t understand how the budget can be sent back to Parliament when the President signed and sent it to the Gazette for publishing.”  Article:  “A representative of the framework: The 2024 budget will … Continue reading

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Pimpy

Pimpy – Dinar Guru  Article: “Nearly one trillion dinars of customs revenues in the first half of 2024”  This article is really good news as we are aware Iraq has to diversify their income right now.  They rely way too much … Continue reading

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Clare

Clare – Dinar Guru  Article: “Customs revenues amount to nearly one trillion dinars in the first half of 2024“

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Jeff

Jeff – Dinar Guru  Article: “The 2024 budget will be returned to the House of Representatives and the reason is revealed”  Iraq approved their budget on Monday June 3rd. I’ve known since June 4th Tuesday that the budget was unconstitutional…I’ve stayed … Continue reading

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Samson

Samson – Dinar Guru  “A representative of the framework: The 2024 budget will be returned to the House of Representatives and the reason is revealed“

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Samson

Samson – Dinar Guru  Article: “Parliament announces completion of requirements for legislation of the Industrial Investment Law“

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Clare

Clare – Dinar Guru  Article:  “Foreign Minister arrives in Washington”  Quote:  “Foreign Minister Fuad Hussein arrived in Washington today, Wednesday, to participate in the 2024 NATO Summit.”

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