Posts Tagged ‘Iraqi Dinar’

Iran provides 200,000 Iraqi dinars to each Arbaeen pilgrim.

Iran provides 200,000 Iraqi dinars to each Arbaeen pilgrim.

2025-07-03 03:22

Shafaq News/ The Central Bank of Iran announced on Thursday that it will provide 200,000 Iraqi dinars to every Iranian visitor traveling to Iraq for the Arbaeen pilgrimage.

The bank’s public relations director, Mustafa Qamariova, said in a statement Read more…

Iraqi Dinar Guru opinions 7-2-2025

Iraqi Dinar Guru opinions 7-2-2025

7-2-2025 Intel Guru Frank26 The auditing that’s going on with your [Iraqi] banks, in all the years…I’ve never seen an audit in the middle of the year. To me this is very significant concerning the monetary reform… Read more…

Iraqi Dinar Guru opinions 7-1-2025

Iraqi Dinar Guru opinions 7-1-2025

7-1-2025 Intel Guru Frank26 A sovereign country must protect its borders, it’s air, its water, its land, everything. That is what Iraq is telling the world right now, that we are a sovereign nation therefore we have a sovereign exchange rate, a sovereign currency…that does not belong to 1310. IMO $3.22 belongs to Iraq. Read more…

Iraqi Dinar Guru opinions 6-30-2025

Iraqi Dinar Guru opinions 6-30-2025

6-30-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is reminding us Iraqi citizens that starting July 1st all government agencies will not accept any cash payments…The government will not be dealing in any form of cash. We’re going digital. FRANK: July 1st is interning. The CBI already does not allow you to use American dollars anymore. Now they’re not even going to allow you to use your 3-zero notes. They want you to go digital…You can’t use physical cash? If that’s true then that means the security and stability of your lower notes has been established…1310 electronically makes no sense to me… Read more…

Iraqi Dinar Guru opinions 6-29-2025

Iraqi Dinar Guru opinions 6-29-2025

6-29-2025 Newshound Guru Militia Man Inflation is well below 3% [in Iraq]. That’s really good. It’s an indicator for a revaluation. Doesn’t mean it’s going to revalue…I’m telling you it is a component of a revaluation because it’s significant…Inflation is low. The stage is set. Read more…

Iraqi Dinar Guru opinions 6-28-2025

Iraqi Dinar Guru opinions 6-28-2025

6-28-2025 Newshound/Intel Guru Walkingstick [Iraqi Bank friend Aki update] AKI: Three meetings. The last meeting lasted two hours. My boss tells me, ‘I need you back at the bank [In Dearborn Michigan] this Monday because we are waiting on the new exchange rate.’ I have to go back because we’re waiting for the new rate. WALKINGSTICK: That’s the only thing they’re waiting for. They already got all the banking software in place, ATM machines, the bank structures, all the bank regulations are set… Read more…

Iraqi Dinar Guru opinions 6-27-2025

Iraqi Dinar Guru opinions 6-27-2025

6-27-2025 Intel Guru Frank26 IMO security and stability was born three days ago in the Middle East…Everything is on schedule…Everything is perfect right now…Any Iranian politician inside of [Iraq] is extremely vulnerable …Of course they had to be removed in order for your security and stability to bring forth the new exchange rate… Read more…

The Iraqi Dinar Paradox: Illusory Strength and Unstoppable Prices

The Iraqi Dinar Paradox: Illusory Strength and Unstoppable Prices

2025-06-27 03:44

Every time the value of the Iraqi dinar declines against the US dollar, Iraqis face a rise in the prices of goods and services. However, prices do not decrease when the opposite occurs. In other words, the value of the dinar against the dollar has been rising for some time in the parallel market, with the price of 1 US dollar often Read more…

Iraqi Dinar Guru opinions 6-26-2025

Iraqi Dinar Guru opinions 6-26-2025

6-26-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy told me the CBI is lifting payment restrictions. FRANK: YES!! FIREFLY: No more payment limits. This was in place to help against money laundering against Iran. It helped to keep everything safe. The transactions were being protected but now the transactions will be easier to facilitate. This is great news for monetary reform. That means companies and investors can now invest easier with Iraq and our citizens can send and receive money easier outside of Iraq. This give us green light for international transactions. Mr Sammy says movements like this would be right before a change in our rate… FRANK: There’s no limit now. That means there’s no limit for the float. Read more…

Iraqi Dinar Guru opinions 6-25-2025

Iraqi Dinar Guru opinions 6-25-2025

6-25-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have bases here right now inside of Iraq. We took cover. We are being hit hard tonight from Iranian militants. We heard they blew up a big radar installation and drones are hitting bases here. All hell has broke out inside Iraq… FRANK: Don’t worry about it. Take cover for now. Protect your family… FIREFLY: We see in our skies here, bases are blown up. We can see it from the distance…Skies are full of fire here in the northern Iraq where those bases were. FRANK: It was no big deal. They didn’t do much of any damage. FIREFLY: Television is saying some of the rockets missed their mark…It was the Iranian backed militants here that did it with Iran’s help. Read more…

Commercial property tenants in Baghdad are suffering under the “forced dollar”

Commercial property tenants in Baghdad are suffering under the “forced dollar”

2025-06-25 04:24

Shafaq News/ Ali Kazem Fawaz, 53, took one last look at his shop in the New Baghdad area, after being forced to close it following a rent increase to $4,000 a month, an amount he says he cannot afford.

In an interview with Shafaq News Agency, Ali said that he was paying 1.5 million dinars per month, which is a large sum in itself, especially when you add Read more…

Iraqi Dinar Guru opinions 6-24-2025

Iraqi Dinar Guru opinions 6-24-2025

6-24-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us today the pipeline salaries, HCL, is in the budget tables and the Kurds, everything is all tied together along with our budget table and article 12-2C. They told us the final decision is in the hands of the Supreme Justice. That tells us it’s about a rate related to be all tied together. FRANK: IMO there was a reason why the rate was protected in the Gazette for so long. It was the best place to protect it from…Iran. Read more…

Iraqi Dinar Guru opinions 6-23-2025

Iraqi Dinar Guru opinions 6-23-2025

6-23-2025 Newshound Guru Clare Article: “Baghdad caught between allies as US hits Iran” Quote: “Iraq finds itself in a delicate diplomatic dance, caught between its two key allies—the United States and Iran—after the U.S. launched a series of striking military actions…Iraq has strategic and economic links with the United States, including military collaboration and security cooperation, while also retaining substantial cultural, political, and trade ties with neighboring Iran.” Read more…

Iraqi Dinar Guru opinions 6-22-2025

Iraqi Dinar Guru opinions 6-22-2025

6-22-2025 Newshound Guru Jeff I stressed…we weren’t going to see the rate change till Iran is dealt with. As you see, that stands true…Iraq has not revalued because they’re waiting on a resolution between Iran and the United States. Whether it’s based on an unconditional ceasefire or an agreement has been reached from military action…That’s what we’re waiting on. The war can either go very quick or take a little while depending on whether foreign countries get involved… Read more…

Iraqi Dinar Guru opinions 6-21-2025

Iraqi Dinar Guru opinions 6-21-2025

6-21-2025 Intel Guru Frank26 Mr. Sammy says that when July hits and the salaries are paid they’re going to be paid only in cards and only the folks that us those cards are going to get paid…We think this will help to push the hordes of cash folks have in their homes… FRANK: This is really sweet. This is really smart. I have a feeling it’s the United States Treasury that did this. Read more…

Iraqi Dinar Guru opinions 6-20-2025

Iraqi Dinar Guru opinions 6-20-2025

6-20-2025 Newshound Guru Sandy Ingram I’m just as surprised as anyone to find the topic of an Iraqi dinar revaluation in the Iraqi mainstream news. But when I woke up this morning and slowly went online there it was. Article: “Iraqi Dinar Q&A: Revaluation (RV) and Israeli Airstrikes on Iran” Read more…

Iraqi Dinar Guru opinions 6-19-2025

Iraqi Dinar Guru opinions 6-19-2025

6-19-2025 Intel Guru Frank26 Saleh continues to drive the point home to you Iraqi citizens that the black market that needed to be destroyed in order for the official exchange rate of the CBI to take dominance in your country and remove Iran’s profiteering in the black market is approaching. It is so close you can feel the warmth of it next to you. Read more…

Sudanese advisor: Colorful noise behind the dollar’s rise

Sudanese advisor: Colorful noise behind the dollar’s rise

2025-06-19 02:33

Shafaq News/ The Prime Minister’s financial advisor, Mazhar Mohammed Salih, explained on Thursday that the rise in the US dollar exchange rate against the Iraqi dinar in the parallel market is due to what he called “information noise” related to the Iran-Israel war, in expectations based on Read more…

Iraqi Dinar Guru opinions 6-18-2025

Iraqi Dinar Guru opinions 6-18-2025

6-18-2025 Newshound Guru Militia Man Article quote: “…representatives called…to ban cash payments within the government institutions…This means 80% of paper money will be transferred to cards…These steps should be implemented increasingly to move cash out of homes and pockets and into banks.” They’re trying to and have been for quite a long time reducing the cash in circulation which is a good thing. Read more…

Iraqi finance figures show a “soft rentier” economy. Are there alternatives?

Iraqi finance figures show a “soft rentier” economy. Are there alternatives?

2025-06-18 01:58

Shafaq News/ An Iraqi economist warned on Wednesday against the country’s continued reliance on a rentier economy, noting that it “creates a consumer society” and weakens the national production base.

Mohammed al-Hasani told Shafaq News Agency, “A rentier economy is usually weak and produces a consumer society dominated by the import sector, with little Read more…