Parliamentary committee demands CBI preserve Iraqi Dinar price

Parliamentary committee demands CBI preserve Iraqi Dinar price

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Parliamentary committee demands CBI preserve Iraqi Dinar price
Baghdad (IraqiNews.com) The Economy and Investment Parliamentary Committee demanded the Central Bank of Iraq maintain the price of the Iraqi dinar in exchange of foreign currencies.

The Secretary of the Committee, Mahma Khalil, told IraqiNews.com ”The CBI is obliged to preserve the price of the Iraqi Dinar in return of foreign currencies since the currency of the State represents its economic identity at the political arena.”

”The price of the IQD totally depends on the CBI policy whose task is to preserve the price of IQD which was built basically on the price of oil barrels,” he added.

“The Secretary of the Committee attributed the vacillation in IQD price to its association with the Iraqi political fluctuations and the security situation which holds off investment opportunities,” he concluded.

38 COMMENTS

  1. is the iqd really evaluating and when. I want to invest in Iraq ISX if it is, or is this just a scamin the US?

  2. Please when you know let me know.. we have invested and are frustrating by all the promises of high alert 24 hour notice
    okie coming for landing.. which I have no clue what that means.. code I am sure..
    but still

    thanks

  3. Why is this rv not happening, the people of the world are depending on this revaluation. So many people all over the world are hurting and this to happen so why are these people hurting the world and not allowing this to happen. Is this gonna come down to a civil war in the streets to finally get this going if that’s what it’s gonna take then let’s do it already. Lets show out leaders were done with there lies and we want action right now

  4. i agree with nancy everbody is getting tierd of all these gurus dont post thigs that are not true peaple are sick of all the lies your giving peaple false hopes dont forget carma is a bitch and its going to bite you right back so stop with your frigin lies

  5. You are correct James, why do the gurus make things up everyday? So tired of them guessing, I can do that on my own.
    Every other day, it going to RV they say, and again false hope and there Intel as they call them, keep feeding them this crap.

  6. will the RV Happen ? Who knows, but I will tell you NOT ONE guru does. Guys like okie, jester, TNT, and basically everyone of them offer up bogus info in order for you to buy more Dinar. Funny thing is they have a following of Sheep. Sheep that say they are Christians, but put all their faith in this idiots. Idiots may be to goos a term for these guys. They pray on the weak, and the ones following them are mentally weak. Will it RV, someday..
    Good luck and DONT focus on the guru sites.

    • I totally agree with you its sad to see so many people use this investment as a sure God giving blessing. i pray that they focus more on God’s word than the false Dinar prophets who is properly selling dinars….hum…

  7. They are right ! The Revalue ? No One Knows – I Belive we are close just dont bet the farm on the Dinar.
    When Arcelor Mittal Bought Steel Mills in America it took about a year but Stock went from 13 cents to $56.00 overnite ! never was anounced, not in the paper / Tv- Nothing – It just Happened. Guru’s Have showed Their ass enough ! They Dont Know !

  8. I believe this rv will happen soon. But the people have the power they have to force their governments to make this happen. The mire pressure they put on the faster this will get done. PERIOD….

  9. There will be no ReValue. A new currency will be introduced with new value, exchange 1000 dinar for 1 new dinar. EOS.

  10. I HAVE NEVER NOR WILL EVER BELIEVE WAR IS A SOLUTION TO ANY THING. THAT SAID, YOU CAN ONLY AND MUST LOOK FORWARD TO WHAT CAN BE A POSITIVE IN THE FUTURE STARTING NOW. IT HAS BEEN TEN YEARS THE IRAQ PEOPLE HAVE ENDURED. MINIMAL ELECTRICITY, LITTLE OR SOMETIMES NO WATER OR FOOD!! WHAT ARE THEY SUPPOSE TO DO? EAT ROCKS OR SAND WHILE THERE CHILDEREN PLAY WITH DIRT? THEY DESERVE A NEW BEGINNING! IT IS TIME FOR POLITICANS TO GIVE THEM THERE LIVE BACK AN THE PEOPLE TO PUT DOWN THE GUNS. GIVE THEM A NEW CURRENCY THEY DESERVE! I WILL BE PRAYING FOR ALL OF THEM. GOD BLESS THE TIRED ,THE FALLEN, AN THE IRAQI PEOPLE. AN BRING WHAT IS LEFT OF OUR TROOPS HOME SAFE. I WILL BE PRAYING FOR THEM”

  11. Those pumpers like Okie should feel real stupid but don’t and that ought to tell you what kind of people they are so why doesn’t every one who can contact them tell them to just shut up and never enter another forum where Dinar is a subject. I personally would be embarrassed to tell people the same blumbering retard incorrect lie week after week. Well if I was making money as an affiliate to Dinar sellers I would continue or if I had no life and that’s all I had to live for might consider, either way those guys need to drop out and everyone reject their emails. Okie, jester, TNT, I would love to choke you while pounding your face in!

  12. no,no,no, I do not agree at all. Okie and the others have spent a lot of time and effort, I appreciate it. please continue to share with those of us who look forward to your comments. you are the best. We expect different points of view. there is room for all. Please Okie and the others, please keep it coming. fern

  13. do not agree at all. please keep it coming Okie and the rest of you who share your knowledge with uas. you are good.

  14. COME ON- STOP PEDDLING GARBAGE. NO RV IN THE FUTURE. IDIOTS BUY THIS PHONY PAPER AND MORONS ARE SELLING IT. GOD SHOULD HELP THE POOR & IGNORANT TO STOP THIS B.S. THE GURUS ARE MAKING THE $$$ ON IDIOTS oKIE IS THE OWNER MAKING MILLIONS ON THE POOR

  15. Okie is at the helm..it is just a scam that will play out. What better way to rebuild a country destroyed by another, than have them pay for it. Print Dinar..Keep RV hype high, while selling dinar to Americans in a broke economy only to build hope of a “greater tomorrow”. They have created an RV for Iraq with the dinar. 200 sheets of notebook paper is only $1.00.

  16. Wow, so many nasty ugly people in this world. No wonder we are all doomed! Listen to yourselves. What kind of negative, ugly people are you to make some of the satements you make. Let’s wait and see what happens, if you don’t believe it, then get off these sites and be on your way. No need to act like you do. But because at some point you believed you are on these sites to begin with. You have NO ONE else to blame but yourselves. We all have brains to think with and free wills to make choices. Accecpt responsiblity!!!! But it does not qualify you to stoop so low and bash other people!!!

  17. I would just like to say that while I feel that some of the so-called “gurus” are sincere, they sure do have a problem getting everyone’s hopes up. I’ve only been in this thing for about a year an a half and it sure is frustrating to go week after week thinking this is the day it’s going to happen……and then nothing but the same old stories and excuses. If it ain’t one thing it’s another. But the worst is the QI card stories that have recently come out saying ‘their’ rate is $3.42 or whatever, and it doesn’t even show up on Forex!! And the Forex “test” stories are even worse!!

    I can’t help but suspect that these self-appointed anointed have banded together to feed us false hopes week after week only to profit from our poverty. If there is a Hell (and yes, I do believe there is such a place) and your motives are to mislead and trick those of us who are really hurting financially, I really hate to think that your eternity will end there. I NEED A BLESSING!! So if you are lying to us just to sell more Dinars that you’re profiting from, REPENT NOW before it’s to late or you WILL have to answer to HIM who can throw you soul into eternal damnation!! It’s just flat out EVIL and you KNOW it. But if you are sincere, get your facts straight and tell us the real deal and don’t make promises to those of us who need this to happen yesterday.

  18. Amazing isn’t it….. This whole planet and I believe it’s the only planet in this universe that has been fooled into believing that paper from trees that has ink printed on it is actually worth any value……that itself is a scam, yet we go to war to slaughter each other over it…… I believe that’s called murder and there’s always conquiences from that….time to wake up……

  19. Niagara Falls Resident August,
    “You have NO ONE else to blame but yourselves.”

    Are you joking???? What kind of stupidity is that?? If you are told “it has happened , We are there, time has come, it will happen tomorrow, RATE IS 3.44″, We as followers are not telling ourselves that, it is coming from mindless liars not caring that they are no way correct and know that they really do not know and told this too many times , so Okie, TNT, all you who said it 40 times do stop and find another scamming career!!
    If you find some one telling the news as it is they are real, you listen to the same deceitful lie you are a dreamer. I hope RV happens but would rather hear News, not scamming BS!

  20. And By the way, no Country can afford to trade their currency from Negative 1163 (1 U.S. Dollar) to positive $4000 U.S. Dollar’s meaning if they have 3 trillion Dinars that they are willing to buy all them back for 4000 times 3 trillion and match that in current assets. 10 cents would be real if they could back it with oil. So do the math, no country is that powerful and quit dreaming, 10 cents , 13 cents, possible!

    • Wrong. They don’t lose anything as long as they have a GDP to back the rate. What you fail to realize is when you trade at the new rate it is an even trade! Their currency has value on both sides. The ones who lose out are the ones who buy and sell before the new rate. Yet, after the rate or when they ri RV or float etc… Nothing is lost.
      I see people flighting over the rates. Everyone needs to settle down a lot! Read facts and see what has happened. What gains have been made? Why do we see a very specific plan unfolding? Yet, a currency a scam? Do those who call this a scam have knowledge of who printed the current Dinar? Do you also know how released it as tradable only in and with the USA? Again, facts! This is less of an emotional than fact based investment. Well, at least it should be. Iraq has stated their currency will be the strongest in the M.E. Hillary Clinton said their GDP will surpass China! Don’t believe that go to youtube. That was two years ago I believe… Guess what? They are moving forward. The politics suck! But do any of you realize they went from kings to a dictator to democracy… They are new at this form of politics. They are being birthed. So people, I say to you read… Use that brain of yours and remove emotions. The so called “Guru” are all dealers of Dinar. They use the news and twist is or feed of one another to create chum in our waters… They are profiteers. This is true simply by following them and keeping track of what they say.
      I would be the most accurate so called guru if I simply said not tomorrow. The time this will happen is much greater guarded than an inside stock tip! No one at any banks knows! No ones friend knows or oil company or even political source but save for a select few who would be jailed for life to let us know. Seriously this is the truth.
      Also, our past president Bush set it up for us to buy Dinar. He made statements which support this as an opportunity. Lastly, we send our people there to help them at the CBI all the time. For this economy to fail would ruin our goal of democracy and economic entanglement in the M.E. Trust me this is a big deal for the USA.

      Peace and go RV. The above is my firm belief and I respect any counter opinions.

      Imgesing. At dinar vets

  21. Have to agree, too much hope and hype instead of facts. The RV of the IQD is not even close. As the article states, they want the CBI to maintain the price of the IQD to foreign currencies. It is approx 1166 IQD to 1 USA dollar. Yet the so called Guru’s keep feeding us a bunch of BS. I have been following this for 10 years and 10 years later it is the same old story. Hype the people up Tues to Sun and on Monday make up an excuse why it hasn’t happened. The funny part is that some bring GOD into the picture. Do they think that GOD will say that it is ok for them to lie to the people. The 4th commandment states “Thou Shalt Not Lie”. Yet they are trying to win over the people by lying. They are real Christians.

  22. Listen I bought this ten years ago ,as a long shot , my wife and kids thought I was nuts but I like long shots and I like the underdog , and I don’t like Gurus that string people along anyone have any other reliable sites to be looking at ?

  23. Seriously folks; no way will a currency such as the Iraqi Dinar remain around the half cent mark forever. With all the mineral wealth Iraq has, it has to rise eventually. However because of the instability in Iraq caused by all the sectarian violence no one knows when the value will rise. The United States is the largest holder of Dinars outside of Iraq. Why? Because a rise in the value of the Dinar would be one way for The United States to recover a lot of the expenditures it made fighting the war after the fall of Saddam Hussein. The religious fanatics are too involved in the politics of this country. That’s the biggest obstacle to overcome.

    • Whole heart idly agree! We have a stake in this as the USA and we even own the current currency. This was a plan and it’s moving along in spite of those bumbling political fools there. To expect this change quick or for our sake is very foolish. Yet, there is a lot of internal pressure from the people in Iraq! There are company’s setting up shop in droves. People ask yourselves why? Read and use your own logic and not those of so called gurus. Who made them gurus anyway?
      Logic over hype….
      This is a plan beyond your eyes or mine. Think clearly… Why did we invade? Why Iraq? Why didn’t we use political pressure instead of all out war? Why did we reprint their currency? We spent Trillions on this war. Do you think there is no plan? America did this out of the goodness in our political hearts? Wake up… Watch the world news. We are all small pieces in ownership of Dinar. We are simply and hopefully lucky recipients of a much grander scheme.
      Peace…

  24. The Iraqi dinar most certainly will increase in value as it was before the war, the question is when??? it will likely take a few years? Since iraq is such a rich country for oil/gas resource it will likely be sooner than later, right now they are capitalizing on the US curency auctions and are going to untill the sales drop so what can the people do about that?

  25. the ofac has to approve the exchange in the usa and I don’t see the dinars being worth nothing but toilet paper. it was a scam as far as this goes, no one will get rich but the people who sell the dinar, and that isn’t going to be the ones who bought them, u cant exchange until the ofac approves it,

  26. This is garbage. While they are taking millions of dollars from people to set up trusts accounts for thousands of dollars and telling them they are the only ones who can let them know exactly the minute the RV it is coming. Yep, they need a trust for all of these millions of dollars that they are going to make off this RV!!! Don’t tell anyone, change your phone numbers, make sure you don’t put it in a bank. Just wait, we will tell you when to go to the bank. What is this garbage???????? This is pitiful to play off of the poor people owning this currency. I also own some, but, I just delete their garbage when it comes into my mailbox. BECAUSE THEY ARE LYING and raising hype to get you to buy more and not come after them for their lies. I am shocked that people are so trusting in these liars. Telling them how great they are and they are next to GOD. These people are trading their jokes among themselves as to who has the best lie going and how much money they are making. Please stop believing in these thieves, they are REALLY thieves!!!

  27. All I know is I spent 2K and change for 2,500,000 dinar. I know I can sell it at the forex, all be it for less. (around 1500 dollars or so, more or less. Who knows. So what have i to lose, set against the possibility of some gain. Buy what you can afford and treat it like a trip to vegas.

  28. This so crazy the way we as people say you invested so know just wait on the return on our investment dont charge God foolishly He is sovereign just trust Him not man . God. Will never fail man we lie faster than a cat can lick hiss tail and that’s like lightning :))))

  29. may be it is a little bit out of topic but who is currently member of the Economy and Investment Parliamentary Committee and who is ligitimating the Secretary of the Committee, Mahma Khalil, to give any statements in the name of the Committee ?

    The new elected parliament had just three official meetings discussing the names of the three presidential posts and elected in a long procedure a parliamentary speaker and his deputies. There is no indication that there was time to build a new Committee with the new elected and sworn in MPs.

    Moreover, currently the Dinar is strictly pegged to the US$ at a ratio of 1166 : 1 and the CBI sells (they call it auction) US$ for this price on a daily basis since years. So what is he talking about ??

    His statement would be against any change in the exchange rate, i.e. NOT RV !

    The official obligation of the independent CBI is given at the front side of its web site:
    The primary objectives of the Central Bank of Iraq (CBI) is to ensure domestic price stability and foster a stable competitive market based financial system. The CBI shall also promote sustainable growth, employment and prosperity in Iraq.

  30. I think the dinar will revalue, but all these sites saying today tomorrow they don’t know, but by clicking on there site there machining money from the one who pay to advertise on it. Just think what they might make it every time one of us clicks on there site they get say 1 penney and they get 10,000 clicks a day times 30day that’s 3000.00 a month for just making stuff up, to keep you checking there site. There I gave my thoughts. Just check forex you’ll know when they do. Don’t feed them anymore money.

  31. There is another slant to this. When so many come out with this disappointing news (5 more years), all at the same time – people we have no even heard of/from before, after none of them taking any stance prior – you have to suspect that this indeed could be the smoke screen we have been told about – just before the actual RV takes place.

    No way they can survive at 1166.

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