Author Archives: The Dinar Observer
Mountain Goat
Mountain Goat – Dinar Guru Article: “IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA” Quote: “Iraq has come a long way in combating the financing of terrorism and money laundering.” …Iraq was removed from the “most dangerous countries” area … Continue reading
Pimpy
Pimpy – Dinar Guru Anybody talking about a rate over $.01 cent is full of crap. That’s not gonna happen. I would love for it to happen…It’s just not gonna happen. When they say they’re going to restore it to its … Continue reading
Nader
Nader – Dinar Guru Some people believe it’s [The dinar] a scam. Some people believe, ‘Oh, it’s Iraq , it’s a terrorist country. It’s killer country.’ But Iraq was good before and it’s gonna be good later…Thank God for what’s happening … Continue reading
Militia Man
Militia Man – Dinar Guru 1300 is halfway between 1460 and 1166. What good does that do? How is that alleviating any pain? Inflation has risen since the 1460s so they’re not getting anything. It’s not any good for them. That “second package” … Continue reading
Pimpy
Pimpy – Dinar Guru This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue. They have to do whatever it takes to have these restrictions lifted on their currency … Continue reading
Henig
Henig – Dinar Guru Article: “Iraqi delegation arrives in Washington to discuss government measures on the dollar” Quote: “Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation”
Pimpy
Pimpy – Dinar Guru Article: “Governor of the Central Bank: We affirm that they have proceeded with the government to enhance confidence in the national currency” That’s the other issue with Iraq. They prefer the US dollar per the dinar…You got … Continue reading
Clare
Clare – Dinar Guru Article: “Iraqi Foreign Ministry: The delegation’s visit to Washington will discuss two basic economic files” Quote: “The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq’s monetary policy and … Continue reading
Clare
Clare – Dinar Guru Article: “Iraqi Finance requires government banks to adopt the new exchange rate” Quote: “Today, Wednesday, the Ministry of Finance directed the two governmental banks, Al-Rafidain and Al-Rashid, to adopt the new exchange rate for the dollar … Continue reading
Pimpy
Pimpy – Dinar Guru You’re looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people. That’s more purchasing power…we’ll see if the Iraqi people actually feel the increase once the prices start to change…that … Continue reading
Militia Man
Militia Man – Dinar Guru Today has been a big day…They are telling us they are going to do certain things and this 1300 was one of the first stages. The second stage is…they’re going to re-prepare the 2023 budget. In … Continue reading
Pimpy
Pimpy – Dinar Guru The Iraq dinar exchange rate has changed. It went from 1450 dinars for every dollar to 1300 dinars for every dollar. You’re looking at about a 9.6% increase in value…Looking very good. There is baby step one…just like … Continue reading
Clare
Clare – Dinar Guru “Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick” Quote “…the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their … Continue reading
Pimpy
Pimpy – Dinar Guru This is great news. We love to see the Iraqi dinar exchange rate go in this direction, the right direction. The Iraqi dinar has increased in value against the US dollar. What else is all right? Me predicting that the … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on the fat lady is NOT singing…the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction … Continue reading
Nader
Nader – Dinar Guru I told you [yesterday] morning before everybody, before it comes out even in the news. I told you the dollar was at 1300…it’s not going to be go to sleep and I wake up and I’m millionaire and … Continue reading
Yada
Yada – Dinar Guru Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the … Continue reading
Henig
Henig – Dinar Guru Article: “A foreign newspaper: The Americans contacted the Sudanese more than (ten) times about the exchange rate and the smuggling of dollars” Quote: “The newspaper said that US officials raised this issue several times with the … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq’s prime minister has dismissed the governor of the country’s Central Bank of Iraq and assigned its former chief of the CBI. The Iraqi prime minister said he dismissed the head of the CBI in an … Continue reading
Clare
Clare – Dinar Guru Article: “After dismissing him, the governor of the Central Bank, the Sudanese hints at a decrease in the exchange rate of the dollar” Quote: “The Prime Minister, Muhammad Shia Al-Sudani, relieved the Governor of the Central Bank … Continue reading
RVAlready
RVAlready – Dinar Guru Article: “Prime Minister Mohamed Shia al-Sudani decided on Monday to relieve Central Bank Governor Mustafa Ghaleb Makhif from his post” Article Quote: “In a measure aimed at rehabilitating the Iraqi dinar and restoring its position in the local … Continue reading
Nader
Nader – Dinar Guru They said the 1st maybe the 2nd something will happen. I don’t know what it is. I wish I know what it is but something is happening.
Samson
Samson – Dinar Guru Article: “Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday…A source told our Agency that the security forces were tracing a “gang of forex traders” involved in “manipulating the … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Urgent Urgent news…it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq…it appears the … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling…The Iraqi government depends on the auctions to convert dollars…they sell oil in U.S. dollars and then they … Continue reading
Firefly
Firefly – Dubai wants to make Iraq like a trading infrastructure investment site – where Iraq is like a hub…this would be a tremendous boost to the Iraqi economy. FRANK: Isn’t that something? Dubai, the filthiest richest country in the world wants … Continue reading
Henig
Henig – Dinar Guru Article: “How did the US “shock policy” affect the price of the dollar in Iraq?” Quote: “A report published by the American Wall Street Journal today, Friday, shed light on the dollar crisis in Iraq and the accompanying … Continue reading
Clare
Clare – Dinar Guru Article “Al-Rashid Bank begins selling dollars to travelers through the Baghdad International Airport branch” Quote “On Thursday, the governmental Al-Rashid Bank began selling dollars to travelers through the Baghdad International Airport branch, at an amount of (5000) … Continue reading
Militia Man
Militia Man – Dinar Guru With all these convergences going on in Iraq gearing to do an exchange rate change I thing what we’re going to see is these convergences come together in a very very short period of time because of…the need … Continue reading
Sheila
Sheila – Dinar Guru …”they can now send money electronically and internationally just this week. From France to Iraq with no problem” …Is this a sign?] I absolutely believe that is a sign. I hear a delegation from Iraq has … Continue reading