Author Archives: The Dinar Observer

Mountain Goat – Dinar    Remember that January is the CBI’s most opportune time to change the rate of their currency to start off their new fiscal year. This is why they push also for getting the budget done by then. I am … Continue reading →

Clare – Dinar Guru  Article: “Sudanese advisor: Exchange rate fluctuations are temporary and there is no concern about Iraq’s capabilities to impose stability”  Quote: “Salih revealed…foreign reserves have become the strongest in Iraq’s financial history, and its balance has perhaps … Continue reading →

Kaperoni – Dinar Guru  Question: “Can you explain why Libya has the same kind of economy as Iraq and an even less structured government and their Dinar is worth 17 cents to the dollar.”  The key point with Libya is they only … Continue reading →

Pimpy – Dinar Guru  If the restriction on Iraqi dinar were lifted and all of a sudden the exchange rate jumped up high make no doubt about it…you would see me hauling butt down to the bank!

Breitling – Dinar Guru   I don’t see anything negative going on in Iraq…as far as the Iraqi dinar is concerned…like the United States they can screw up a lot and still maintain its markets.  Iraq has that room also because … Continue reading →

Clare – Dinar Guru  Article:  “The Sleeping Wool Shelf” pushes the price of the dollar in Iraq to about 160,000 dinars”  Quote: “Nassif wrote, in a tweet…via Twitter, on the occasion of the rise of the dollar to 154,000 dinars and its direction … Continue reading →

Kaperoni – Dinar Guru   The key for Iraq is for them to build a strong diverse economy. In order for them to do that they need outside financial assistance from the world meaning they need to pass laws, create a suitable … Continue reading →

Henig – Dinar Guru  Article:  “Parliamentary Committee: The fluctuation of the dollar price is the most important obstacle to approving the 2023 budget”  Quote:  “The budget law and its draft are still with the government, and it has not reached Parliament … Continue reading →

Clare – Dinar Guru   Article:  “The Iranian currency recorded the largest decline in its history”  Quote:  “The Iranian riyal recorded, on Thursday, in the Tehran free market against foreign currencies, a new collapse, the highest since the “Iranian Revolution” in … Continue reading →

Pimpy – Dinar Guru  There’s no denying that there has been a ton of news regarding the exchange rate of the Iraqi dinar.  But there are people out there mixing up the truth with BS…what is not being told to you … Continue reading →

RVAlready – Dinar Guru   This is a far different circumstance than 15 years ago. We have a PM who said the RV was his first priority…Release is getting closer.

Pimpy – Dinar Guru  Al-Sudani appears to be the real deal Holyfield…a lot of things happening at the same time.  Do I think they’re going to change the rate anytime soon before the 5 years?   We’re just about to the halfway point … Continue reading →

Paulette – Dinar Guru  the big move for Iraq is the “restructure”.  The RI just increases their purchasing power on the International stage…

Pimpy – Dinar Guru  Article: “Parliamentary Legal: An extraordinary session of Parliament if it receives the budget”  I’ve talked about this before.  If they can somehow agree on the budget before the end of the year you will see an emergency session … Continue reading →

Mountain Goat – Dinar Guru  The news this period is almost all about the corruption in Iraq and what they plan to do about it…there is no way out of these corruption schemes unless these currency auctions end. To end them … Continue reading →

Pimpy – Dinar Guru  Even it they did make an exchange rate change to something like $3.22 it doesn’t do us no good because we have to have a place to go swap it.  We have to make sure that they’re off … Continue reading →

Militia Man – Dinar Guru  Article “Minister of Transport: We aspire to enhance the investment environment in Iraq “ The transport of any country is very important for the Private Sector.. The major players in an infrastructure build out for a country … Continue reading →

Pimpy – Dinar Guru  Article:  “Central Bank: The cash reserves has reached its highest level in the history of the Iraqi state”  This is awesome.  This is another one of those things that Iraq needs to do to strengthen its’ currency…this is … Continue reading →

Clare – Dinar Guru   Article:  “A slight decline in the exchange rate of the dollar”  Quote:  “The exchange rates of the dollar witnessed, on Saturday, December 17, 2022, a slight decrease in the local markets.”

Pimpy – Dinar Guru  Article: “Temporary Order. The Prime Minister’s Office Clarifies The Rise In The Exchange Rate Of The Dollar”  That’s the wrong direction.  If the dollar is rising against the dinar that means the dinar is losing value.  We don’t … Continue reading →

David M. Witty – Dinar Guru  Iraqi PM Sudani’s office: the increase in the dollar exchange rate is temporary. Our financial situation is in the best of circumstances.

Sheila – Dinar Guru  …in the middle east…they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to unwind…there was a meeting on Thanksgiving day that was a big change. Things … Continue reading →

Pimpy – Dinar Guru  Article:  “Dollar exchange rates jump to 151,000 dinars on Baghdad Stock Exchange”  That’s the wrong direction… we definitely want it to go another direction…we need this number 151,000 to go down bigly…

Clare – Dinar Guru  Article:  “Central Bank: The cash reserve has reached its highest level in the history of the Iraqi state”  Quote: “the central bank’s reserves have reached their highest levels in the history of the Iraqi state and have exceeded … Continue reading →

Pimpy – Dinar Guru  A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy … Continue reading →

Pimpy – Dinar Guru  As I’ve explained before there’s too much Iraqi dinar that’s in the hands of the corrupt.  The best way and the quickest way to end that and to assure people don’t get rich off of stealing the Iraqi … Continue reading →

Kaperoni – Dinar Guru  A clear statement from the Central Bank of Iraq tonight stating it is their responsibility to stimulate the economy according to tools of monetary policy. This cannot be achieved without joint coordination and activating the real economy … Continue reading →

Sandy Ingram – Dinar Guru  Article:  “Iraq recovers $7.9 billion in surplus war reparation from Kuwait“  This fund was set up to compensate Kuwait for Iraq’s invasions of the country in 1990.  The amount was returned to Iraq after an audit by … Continue reading →

Pimpy – Dinar Guru  Great news over the last couple of days…I think these are major steps that were needed in order for Iraq to once again be accepted by the international community and their currency be recognized.  I keep … Continue reading →

Pimpy – Dinar Guru  The draft budget has been sent forward.  So far there doesn’t seem to be any changes that need to take place.  There is an actual decent chance this budget might be passed before the end of this … Continue reading →