Iraqi Dinar | Latest Iraq dinar recaps & updates (2024)

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Dinar Gurus' Official Master List of Possible Major " To Do's ":

1. Moved to IMF Article VIII
2. HCL passed/imp. [Temp 11/2014] [agreed in spirit 12-2014]
3. Erbil Agreement Impl.
4. Election Law (DONE! 12/2013 | Amend Dec 2019)
5. UNSC Chapter 7 (Done?? summer-2013/ Dec/2017 moved to ch VI?? June-2018 Resolution 1487:CBI released from Sanction list. Voted 2-22-2022 Resolution 2621. 8-12-2023 - Iraq appears out of Ch VII but U.S. has not release them)
6. UNSC Chapter 6 (began 12/2017 ?)
7. Article 140 impl. (Supreme Court Support 5/2018 - mustimpl.) (8/2019 Federal Court clarifies constitutional force)
8. Economic/Banking laws passed (more needed)(12-2017)
9. Investment laws (Voted! 10/2015 Printed 1/2016)
10. Power Sharing (Done!! 10/2014)
11. Internationally accepted Dinar
12. GOI Seated (10/2014) [Done - Fully seated 6-6-2020]
13. Tariff Law (partial)
14. CBI & Market rate within 2%-90 days (start ~Mar. 15 2018? Nation wide start ~Nov. 2018)
15. E.O 13303 (Done 12/2017 - Biden renewed May 2023)
16. Law of Financial Administration/Financial Management Law (First vote May 2019) | Amend Dec. 2019
17. CBI Auctions Stopped (partly Done - June 2020?)

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6-24-2024 Intel Guru MarkZ [via PDK] ...one that I think is exciting Article: “First Direct Flights between Erbil and London” This is real international cooperation. Erbil is wealthy in oil.. We have been told to keep eyes on the Erbil region.

6-24-2024 Newshound/Intel Guru Mnt Goat

Article: "Kurdistan Federation: Legislating the oil and gas law will resolve the disputes between Baghdad and Erbil" ...There it is again in articles.

6-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is showing the new 35 white paper report from the IBBC is on our de-dollarization...Our country has removed foreign currencies they tell us...De-dollarization has been successful. We don't use any other currencies except the Iraqi dinar. They are very pleased with what the Iraqi dinar is about to go through.

6-23-2024 Newshound Guru Clare

Question: "The holiday is officially over was there any news about the Iraqi 2024 budget published in their gazette today?" NO...BUT REMEMBER THEY OFFICIALLY GO BACK TO WORK TOMORROW [Sunday] PER SUDANI ACCORDING TO WHAT WAS IN AN ARTICLE. SO WE DON'T KNOW IF THE MOJ EVEN WORKED TODAY [Saturday].

6-23-2024 Newshound Guru Kaperoni Until Iraqi parliament passes the over 100 stalled laws that pertain to the success and growth of their economy, nothing will happen and the dinar will remain weak. Years have passed and still no progress on passing these laws.

6-23-2024 Newshound Guru Buckeyetree ...In My Opinion, the Heat is on to reach the goal of monetary reform, the RI, and bring to pass the promise of purchasing power to the citizens, the HCL, etc. The heat/pressure is good in this case with ATMs and latest from their leaders Sudani, Alak snd Barzani.

6-23-2024 Intel Guru Frank26

[Response to IBBC video below] The video starts out by maybe being a little negative by saying these are the problems that they have and then...at the very end it's just amazing what it's done with its reforms and positive ending...This video is a summary of everything that the monetary reform has done thus far and what it's about to do next. IMO that's the ATM machines and then the float.

6-23-2024 Guru Nader From The Mid East Things have been moving a little bit from here to the 8th of July. I hope we have an answer cuz that's what they shooting for. I don't know if it's going to be good or bad...It's more good than bad but I don't want to say anything about that cuz if anything happen you're going to say, 'Hey, but you said this. You said that.'

6-23-2024 Newshound Guru Militia Man

Article: "IBBC Conference: Much to Celebrate in Iraq as Energy takes Centre Stage" This conference seems to be shedding a positive light on Iraq. There is good reason to in doing so. Iraq is about to break out in a very big way.. No stopping her at this stage now.. Way too many legal obligations on the table. There will be far more to come [See the IBBC Dinar debate video below]

6-23-2024 Newshound/Intel Guru Fnu Lnu

[Response to Guru Kaperoni's post 6-21-2024 below] I have...reviewed several different sources who all report the "new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" is, in fact, accurate and written the same in all the sources. Just because [Guru] Kap doesn't want it to be true doesn't mean it is a mistake or misprint.

6-23-2024 Intel Guru Frank26

[Iraq boots-on-the-ground report] FIREFLY:
Measures by the CBI they say will reduce the dollar rate...They say it will help reduce the dollar rate in coming days. FRANK: The only measure the CBI is taking to reduce the amount of dollars in your country is the introduction of a new exchange rate that will add value to your currency, to your lower notes, and eradicate the need of using any foreign currency. This is the goal of the monetary reform process...I agree, in the coming days this mechanism...will bring forth value to your currency and continue to remove the American dollar from your society.

6-23-2024 Newshound Guru Clare Video "IBBC Webinar: Drivers of the Iraqi Dinar Exchange Rate" Description "On a webinar organized by the Iraq Britain Business Council (IBBC)...Professor Frank Gunter of Lehigh University and Dr Ahmed Tabaqchali of AFC Iraq Fund (and Expert Blogger on Iraq Business News) discussed the drivers of the Iraqi dinar exchange rate."

[Dinar Guru Note: In the video you'll see a debate of the pros and cons of the Iraqi dinar's potential. Many things the gurus have reported are confirmed in this video...some are challenged.]

6-23-2024 Intel Guru MarkZ [via PDK] A bank story: A little state bank in Texas…

...this is interesting from a smaller state bank. Seems more and more banks are reporting massive changes.

6-22-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing a big meeting where Sudani is giving 4 million dinar grant to all displaced families that are currently in camps in Iraq... FRANK: 4 million dinar for the displaced families is an insult at 1320 but it is a blessing at 1.32.

6-22-2024 Newshound Guru Pimpy I challenge any content creators out that's making videos about the dinar...to...a debate...Bring your receipts. Bring your proof that I'm wrong and I'll bring my proof why I say I'm right. That's all you have to do. It's not that hard...Remember that I challenged people out there...I would give them $5,000 if they could...have a debate with me and prove me wrong about anything that I'm saying...How many people showed up? Zero.

6-22-2024 Newshound Guru Kaperoni Article quote: "new pipeline project at an amount estimated at approximately 6.5 billion Iraqi dinars ($4.9 billion)" Community Comment "The mathematical 'mistake' basically equals 1.32. This seems very very coincidental to the deletion of the zeros." Referencing the exchange rate in billions rather than trillions is an easy mistake to make. It happens all the time and everyone thinks there's something to it. Wrong.

6-22-2024 Intel Guru Frank26 Article: "Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?" The way this article is written, the amount of 6.5 billion IQD equivalent to $4.9 billion...is an example of the 3 zeros being lifted...We are going from trillions to billions because they lifted the three zeros...We are now in position for the next step of the monetary reform.

6-22-2024 Intel Guru MarkZ

[via PDK] It is totally coming...Just because it hasn’t happened yet, doesn’t mean it’s not happening...there is no negative news. There is nothing telling us it isn’t moving forward anymore.

6-22-2024 Newshound/Intel Guru Walkingstick The Iraqi citizens are being given their education, not our education. They are telling the Iraqi citizens what they need to hear at this moment in the monetary reform process...

6-22-2024 Newshound Guru Militia Man Iraq says they're opening a copper recycling plant. We talked about phosphates...sulfur...liquid natural gas and now we're talking about they're opening a recycling plant to do what? To help their infrastructure. Infrastructure is what's driving the...Development Road Project. They're going to need thousands of tons of copper rods annually. They're going to be able to produce that...They have so many raw materials... It's nothing but bullish for this country.

6-22-2024 Intel Guru Frank26

Question: "How much longer are they going to hide the budget?" Good question because you see everything that's in the budget requires the new exchange rate. The HCL is coming out, which requires the new exchange rate...The ATMs have the lower notes, which require the new exchange rate...Sometimes my opinions I should keep to myself and this is one...

6-22-2024 Newshound/Intel Guru Mnt Goat

Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open... the final issues preventing the reinstatement are being dealt with one by one...It is June already and this month is proving to be a very significant month again...my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait.

6-22-2024 Intel Guru MarkZ [via PDK] There is a lot of anticipation for this weekend. Bank/Redemption contacts say they are on call this weekend…and have an hour notification time. They have one hour- if called to go in. This was from 2 different contacts from 2 different states that said the same thing. This is very positive.