"The dinar was deliberately appreciated, increased in value, by almost 20 percent. 2021-01-08 05:39. Pegged to either the British Pound or the U.S. dollar, the Iraqi Dinar was completely stable before the chaos of Mr. Hussein began. They said devalue against the US dollar which means that the Iraqi dinar will actually be worth more. Iraqi Dinar Guru opinions 2-5-2021 Iraqi Dinar Guru opinions 2-5-2021. I had better get my fortune from my 16.9 million Iraqi Dinar. Iraqi Dinar Value Today Sunday, 7 February 2021. Iraq needs faithful and responsible politicians to tackle the reform and get the dirt of the cheap politicians to the garbage dustpans of history where they belong. Dinar exchange rate. Report warns of Possible Collapse in value of Iraqi Dinar, Experts Discuss IBBC's 'Iraq 2020: a Country at the Crossroads', List of International Oil Companies in Iraq, List of International Oil Companies in Iraqi Kurdistan, Massachusetts Institute of Technology (MIT). Dinar RV News - Guru Updates - What's happening with the Iraqi Dinar Revaluation and the Global Currency Reset. All emails and correspondence sent to Dinar Guru become the exclusive property of Dinar Guru. ©Copyright 2010-2021, Dinar Guru, All Rights Reserved. @Jonnyblaze: A link to something on the IMF or World Bank website confirming this would be useful. Maybe the people who are complaining should reread this and maybe try to understand what that means. On the contrary, devaluing the currency for a while will be good for them. The owners of … Thx, You guys are dreaming. From 1980 to 2003, Iraq was terrorized by Saddam Hussein. The goal is to draw all the Dinars back out of the pockets of those who have invested in this currency, without any concern as to how it will hurt the average citizen of Iraq. It's worth nothing now anyway, will devaluating it more make any difference other making basic living more expensive? As of today, I can sell those same IQD for $1,200 USD per EACH million IQD. All sources going to iran and USA know that. The citizens were horrifically abused, the economy failed and Hussein stole from the banks. Here is a fact as I know to be true. Ninja’s Iraqi Dinar News. No comments: Post a Comment. Shafaq News / The US dollar exchange rate fell against the Iraqi dinar at noon on Thursday, local time. Accessed Aug. 2, 2020. The Iraqi political situation continues to be unstable. Historically, the Iraqi Dinar reached an all time high of 1460 in December of 2020. Experts discuss fate of the Iraqi Dinar 26th November 2020 "No Foreign Pilgrims Allowed" in Iraq for Arbaeen 2nd September 2020 Report warns of Possible Collapse in value of Iraqi Dinar 17th October 2020 That why when someone send money to iraq they dont give a dollar and they exchange it to dinar cause they dont want dollars goes to Iran. Experts discuss fate of the Iraqi Dinar 26th November 2020 By John Lee. Iraqi Dinar News 12/16/20 Publicado por Dinaresgurus.blogspot.com FORO DINAR GURUS en 1:32 PM. Are they talking about a devaluation from pre-war rates? This will help the economy by requiring MORE dinar into the system. 0. The infrastructure was demolished by war and then neglected, so the nation’s oil industry was in ruins. December 19, 2020, 3:31 PM EST 1:58. Al-Kifah Stock Exchange recorded 124,900 dinars against 100 US dollars, while the exchange rate of the dollar for Monday was 124,850 dinars per 100 dollars. Iraq is recovering from the reign of terror that was brought on by Saddam Hussein. This whole idea is contrary to the apparent motivation to increase the value of their currency, in country then internationally, or are all the articles about such a thing a load of rubbish, lies, lies, and more lies???? Economic predictions 2020 iraqi dinar gurus opinion on rv inr iqd ru to iraqi dinar forex forecast with currency rate nzd iqd nz dollar to iraqi dinar forex forecast with currency inr iqd ru to iraqi dinar forex forecast with currency rate forex iqd rates top exchange iraqi dinar forecast september 2019. What is the real truth of the dinar, when and will it ever come back to at least 1.00, next year, a year from now, does anyone really know? Latest 2020 news articles, blog posts & updates from industry experts. There was an article which I am going to be properly translated about the 100,000 (100k) Iraqi Dinar banknotes. I Iraqi dinar will never become a strong again as it was in 1970or1960. You are solely responsible for the use of any content and hold Dinar Guru and all members and affiliates harmless in any event or claim. Or are they going to go lower than it is now. That person, like Iraq would NEVER be able to meet financial obligations. Devaluation against what, the USD? An analogy would be an individual deep in debt intentionally taking a lesser paying job. 12-25-2020 Newshound Guru Pimpy Article: “The decision to reduce the dinar: To treat treatment or to stop the collapse” …The choice was to devalue the dinar. It's not really a "revalue" as much as a "reinstate". Kuwait did this in 1991 revaluation of their currency! At this moment its only worth a few pennies per Dinar . Oil is sold in U.S. dollars all around the world. Share to Twitter Share to Facebook Share to Pinterest. Here is what was said: Economic > Central bank: Print category 100 000 dinars , and we … I agree devaluing will just ruin the currency in the long run. Frank26, Pimpy, Walkingstick, Jeff, Adam M, Bruce (12/26/20) Previous post: Pimpy’s Investment Chat. Devaluing Iraqi Dinars will be good step toward decrease the salary value that paid to government staff , we all know that during the last 15 years many people been hired by government without having any need only to get votes during election .This step is a most to make people think of private sectors , government sectors are overloaded . Time: 12/11/2020 15:42:45 Read: 2,132 times {Baghdad: Al Furat News} President of the Federation of Iraqi Chambers of Commerce Abdul Razzaq Al-Zuhairi criticized the performance of the Central Bank of Iraq in maintaining the exchange rate of the dollar against the dinar… In 2005 I purchased $2M verified new IQD and paid $1,200 USD total. The USDIQD decreased 1.0000 or 0.07% to 1,458.0000 on Friday February 5 from 1,459.0000 in the previous trading session. I am Iraqi and next year government doesnt have money to pay for its employe. The first thing Trump said when he got in office was the value of the US dollar is too strong, i.e. Impressum If you were looking for Dinar RV News or Dinar Guru updates on the revaluation - the currency of Iraq, you have come to the right place. That's 100% profit on any book. The residual effects of Saddam Hussein’s horrific reign are still keeping the Iraqi Dinar’s value artificially low. Baghdad today- Follow-up, Bloomberg Economic Agency said, that the decision of the Central Bank of Iraq, issued yesterday, Saturday, which includes adjusting the exchange rate of the US dollar against the Iraqi dinar, is a “deserved reduction in the value of the national currency.” The streets will be filled by demonstrators who shout to the week corrupted government. Iraq had a stable history until the year 1980. Go look it up DUMB ASS! It's just part of the strategy for their economic strength down the road. Also the debt they owe would be trillions more. On the subject of the Iraqi currency, Frank Gunter, Professor of Economics at Lehigh University, commented: "As the international reserves of Iraq decrease ... this is going to put pressure for a depreciation or loss of value of the dinar ... and that might be a good thing. Subscribe 228. 12-11-2020 Intel Guru MarkZ [via PDK] [Why is the Iraqi dinar being devalued against the US dollar?] DinarTube is a vast collection of video and audio conference calls, main stream news videos, etc. How is making a loaf of bread more expensive a good thing to do? ver 101,634 of the sharpest, most savvy and informed members and growing! In no way does devaluing make sense. Iraqi Dinar To US Dollar 23 November 2020 On November 23, 2020 | By admin | Comments Off A new high for the dollar in Iraq {Baghdad: Al Furat News} The exchange rates of the dollar in Iraq registered a slight increase today, Monday. Iraq is basically just an oil producing nation, even at top production. breaking. Brutal honesty is appreciated . I'm sure that will work. Most Recent Articles. If indeed it goes and "reinstates" to its pre-Bush and Hussein rate (~$3.47/IQD to $1.00/USD) - instead of the war determined program rate ($.00084/IQD) - I WIN even bigger. 2. Before Saddam Hussein’s upset of the economy, the Iraqi Dinar had a stable exchange rate of almost $4.00 USD at its peak. During British occupation in World War I, the Indian Rupee was introduced as the first official currency of Iraq. 1 talking about this. At a webinar hosted by the Iraq Britain Business Council (IBBC) yesterday, a team of experts presented and discussed their insights on the Iraqi government's recent White Paper, and on the challenges and opportunities facing the country. Young people run to get government job , if the salaries are not attractive , they will seek other options like getting small business . Dinar holders had what one of the accused sellers described as a “cult-like” devotion to their dinar guru’s news. "Maybe a possible reaction to the fiscal constraint is to devalue the dinar, so that every dollar of oil sales will buy more dinar, which will allow payment of the salaries and pensions and the infrastructure.". 15 Views 0. Iraqi Dinar - data, forecasts, historical chart - was last updated on September of 2020. The IMF MADE A AGREEMENT WITH IRAQ ALONG WITH THE WORLD BANK.... IRAQI DINAR WILL BE SET TO A $1.20 for a year (backed by a basket of currencies) then later they will return to what iraqi dinar was... $3.47! Email This BlogThis! His devaluing the dollar actually strengthened its usage. They have a plan because they intend for there to be an economic change. I know many people that foolishly bought Iraqi Dinar thinking it would revaluate in the future . Mr Johnny B. I would say has the most sensible way to make it happen. Let's improve the economy by devaluing the currency, giving the citizens and the government LESS buying power. Thursday, December 17, 2020. Really? Perhaps because the "agreement" you mention doesn't exist? The exchange rates of the dollar in the main stock markets and local markets rose slightly today, Tuesday (November 17, 2020). There are confirmed news items that Iraq did plan to redenominate its currency, ... 2020. Dinar Guru - Iraqi Dinar News Updates Predicts Blog - TNT Tony, Hammerman, Okie, DC Guy. December 26, 2020 In Ninja. Kind of like the famous photos of German citizens needing wheelbarrows full of money to buy a loaf of bread during the Weimar Republic. Since IQD is held at a "program rate" and is listed as an exotic, non-tradeable currency, a better solution would be to remove restrictions and allow the IQD into international commerce. This is very interesting. With corrupted Islamic parties and dignitaries, no series step will be accepted by the huge number of government idle employees. Next post: Currency365. It was a different world back then . Iraqi Dinar Guru Revaluation News Updated Daily. I have dinar. About Blog A great source for Iraqi Dinar Information, News and Facts concerning Iraqi Dinar Revaluation, Iraqi Economy and Politics.Frequency 10 posts / day Since Feb 2012 Blog iraqidinarchat.net Twitter followers 1.1K ⋅ Domain Authority 30 ⓘ ⋅ Alexa Rank 2.1M ⓘ View Latest Posts ⋅ Get Email Contact. Thanks. @George: Because it's the welfare of the average citizen of Iraq that 's uppermost in your thoughts, right? The U.S. invaded Iraq in 2003 and has only recently withdrawn most of the troops. How is devaluing the Dinar supposed to help the average citizen of Iraq? Get Reliable RV Alerts, Latest Intel, Best Dinar  Facts  Videos & More Sent Right To Your Email... FREE! Iraq had a stable history until the year 1980. This is just people's opinions! © 2021 Iraq Business News. it's too expensive for other countries to do business with us. All Rights Reserved. Now what do you suppose the "highly qualified economic experts" are saying that change will be? The Iraqi Dinar, which is worth just $0.001 U.S. now, experiences continual downward pressure because of the economic sanctions imposed on Syria and Iran. Before Saddam Hussein’s upset of the economy, the Iraqi Dinar had a stable exchange rate of almost $4.00 USD at its peak. I won't stand for a dirty trick to rob me and all those whom purchased Dinar with hard earned cash! I am trying to find a reliable source of information to see if there is any chance of her recovering even a fraction of his foolish investment . Khalid Al Ansary, December 19, 2020, 3:31 PM EST ... Fox News … Pimpy - 15 Views. I need some advice if you have the time to reply . FreedomFighters 298 Views Latest ‘Drain-The-Swamp’ News - Thursday, 24th of December - Christmas Eve Edition. This move will kill any hope of recovering any of these poor peoples investment I suppose . Law of Financial Administration/Financial Management Law, ...It's free as always and only takes a sec...I. The page provides the exchange rate of 2020 Iraqi Dinar (IQD) to US Dollar (USD), sale and conversion rate. Quote: “The Central Bank of Iraq statement regarding the reduction indicates it must be emphasized here that this change in value of the Iraqi dinar will be a one-time event only and will not be repeated.” Joe , I know a widow that has 10's of millions of pre-war Dinar that is worthless . Iraqi Dinar News 12/25/20. Nick Giammarino .Iraqi News Monday AM 12-28-20 TLM724 Administrator BondLady’s Corner Al-Araji: The World Bank Asked Iraq To Raise The Dollar Exchange To 1660 Dinars Pratha News Agency128 2020-12-27 Former Deputy Prime Minister Bahaa Al-Araji revealed that the World Bank had asked Iraq to raise the dollar exchange rate to 1660 Iraqi dinars in exchange for its help in solving the financial crisis. Also if it actually devalues I'm going to buy a boat load more of it.... always buy on the dip. Shafaq News Agency reporter said that Al-Kifah Stock Exchange recorded 131,000 dinars, an hou Iraqi Refineries: Continued Misalignment amid... Five One Labs Launches Iraqi Investment Initiative. If Iraq devalues its currency now it in no way means it won't increase the value later. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 2020 Iraqi Dinar (IQD) to US Dollar (USD) from Sunday, 07/02/2021 till Sunday, 31/01/2021. Historically, the Iraqi Dinar reached an all time high of 1191 in July of 2018. Can you please give me any recommendation ? Hyperinflation made the Iraqi Dinar essentially worthless. At a webinar hosted by the Iraq Britain Business Council (IBBC) yesterday, a team of experts presented and discussed their insights on the Iraqi government's recent White Paper, and on the challenges and opportunities facing the country. Look forward to each report you send. A- A A + Shafaq News / The Ministry of Finance promised on Friday to make an adjustment to the exchange rate of the foreign currency against the Iraqi dinar, after the decision taken by the Central Bank to reduce the value of the local currency and increase the prices of imported goods and goods in the country. Pegged to either the British Pound or the U.S. dollar, the Iraqi Dinar was completely stable before the chaos of Mr. Hussein began. If it doesn't revalue can we get what we paid for it 8 years ago? Why is the devaluation even an option? ISIS, Iran and Syria’s contributions to instability in the area are minor in comparison to the American and Russian political interference. Suggesting a conrolled devaluation, in combination with incentives to reduce public sector salary commitments, Shwan Aziz, former Chief of staff to the Iraqi Deputy Prime Minister, said: "[We must] protect those groups that have dinars in the banks, or those contractors who have not been paid for so many years ... [but] controlled devaluation, it seems, is unavoidable.". To sum up, there is no iraqi government, there is iranian government in Iraq. No sense at all. Or it makes some people think, and it makes other people angry. I've been in this investment for years! 2-5-2021 Newshound/Intel Guru Mnt Goat …we all know for a fact the dinar can sustain up to $16 when pegged out of the de- facto peg and to the basket of global currencies and reinstated on the open global markets. The government of Iraq has a plan to deal with ISIS to create additional financial stability for the nation. Strangely, nobody seems to be able to produce one. In 1932, the Iraqi Dinar replaced the Rupee at a rate of 1 Dinar to 11 Rupees and was pegged to the British Pound until 1959. Iraq Devalues Dinar to Push Economy Forward Ahead of Deficit By . … The Iraqi dinar is a hot investment--but is it a wise one? Intel Dinar Chronicles Economy. Central Bank of Iraq Strategic Plan 2016-2020 Translated from Iraqi Dinar News It seems that all three can’t survive without each other: The Dinar Companies need the gurus to create the scarcity mindset to get people to buy dinar because the IQD RV is imminent Big salaries create lazy society as we have now . Shafaq News / A member of the Parliamentary Finance Committee confirmed the government's intention to raise the exchange rate of the Dollar. As with all of those who have invested in the Dinar, yes we look forward to seeing the revalue of this currency come to fruition soon. He mortgaged their home for all it was worth to buy the Dinar leaving her with absolutely nothing. Before her late husband died he was a victim of the Iraqi Dinar scam that so many people fell prey to. The rest of the world has absolutely no need for Iraqi Dinars, only a need for Iraqi oil. The price of the dinar. Who is correct? 1,825 Economie 2020/12/20 11:54 amm. "Iraqi Dinar." The peg was then switched to the US Dollar at a rate of 1 IQD to 2.8 USD. It has made exports from Iraq uncompetitive; it has led to a huge amount of imports into Iraq because the foreign products are so cheap. Note: Only a member of this blog may post a comment. Decreasing now would actually set the stage for increased usage and increased value in the future. Opinion: The Iraqi Dinar needs Political Support! Whose kidding who here? XE. Iraq is full of resource but the stupid and evil politicians made things go the wrong way. What is your opinion ? I have never been to Iraq but I spent several months in Jordan and a short time in Syria back in the 80's . I will personally destroy Iraq's oil reserves value with my energy production invention! For more information, and a link to the full discussion, please click here. By reading this, you agree to all of the following: You understand this to be an expression of opinions and entertainment and not professional advice. Someone is telling false information. "No Foreign Pilgrims Allowed" in Iraq for Arbaeen, Dyncorp Wins Contract for Aviation Maintenance Services, IRR Resumes Transport of Oil Derivatives by Rail, WFP, World Bank partner on Socio-Economic Research in Iraq. The Iraqi Dinar is expected to trade at 1189.00 by the end of this quarter, according to Trading Economics global macro models and … Yes, yes, I get it. While agreeing that the dinar was overvalued, Hadi Al Damirji, of MIT's Sloan School of Management, urged some caution, in case a devaluation would lead to a further run on the dinar: "I totally agree with the philosophy of keeping the dinar lower, but when is the right time to move it?". @Jonnyblaze: No reply from you on my question?? Uae dirham aed to iraqi dinar iqd 10 000 iraqi dinar bank note donald trump supporters think president 25000 iraqi dinars banknote hammurabi 25000 iraqi dinars banknote hammurabi donald trump supporters think president. The country has rebuilt some of its infrastructure to allow for an exponential growth opportunity in the oil industry. That really doesn’t make for a better economy which they are trying to recover from. Share ... One America News 7AM 12/24/2020 | OAN BREAKING TRUMP NEWS 7AM Dec 24, 2020. Isn't it fascinating that people who've "invested" in the dinar think they know more about what makes sense for the Iraqi economy than the highly qualified economic experts. Official Central Bank of Iraq (CBI) Dinar Rate: 1460 IQD to 1 USD Dinar Market Rate: (CBI last reported 2-2-2021) 1462.485 IQD to 1 USD - Rates Are Within IMF 2% Rule: YES Started Dec 20, 2020 - Are Rates IMF 2% Rule Compliant for 90 Days: No (maintained market rate starting Mar.