Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru  …the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them.  Next the US Treasury is in Iraq briefing over 35 of the … Continue reading →

Samson – Dinar Guru  Article “In numbers… an unprecedented value for Iraq’s foreign reserves” Quote “Iraq’s foreign reserves are the highest today in the country’s financial history, which amounted to nearly 90 billion dollars…the exported Iraqi currency also amounted to about … Continue reading →

Walkingstick – Dinar Guru There was $800 million flowing per week out of Iraq from the CBI banks illegally.  It was being done by the political thieves…money exchangers… Maliki… auctions…fake contacts or directly stealing it and not caring if they were … Continue reading →

Mountain Goat – Dinar Guru   Article: “IS IT TIME TO CHANGE THE EXCHANGE RATE?”  Quote: “…go to the program to delete the three zeros so that the dinar became a respectable and strong currency and an actual strategic and national … Continue reading →

Militiaman – Dinar Guru  Article: “An economist shows the period needed to restore the exchange rate.. These are its effects”  This guy seems to be on a different planet.. 5 years? lol For crying out loud the CBI has already paid for the … Continue reading →

Nader – Dinar Guru   Article:  “Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value fo the Iraqi dinar (IQD) against the U.S. dollar.”  1450 is making fun of us…

Pimpy – Dinar Guru   It’s getting interesting over there in Iraq.  The fact that these people I thought for sure would do whatever it is that Maliki wanted seem to be resisting anything that Maliki wants…

Militiaman – Dinar Guru   Article:   “The Iraqi president refuses to accept Al-Maliki as his deputy, and the Sudanese is keeping the security institutions away from the control of the militias.”  This is a welcome sight to behold…suggests that the PM … Continue reading →

Samson – Dinar Guru  Article: “Parliamentary Finance clarifies the return of the dollar exchange rate”  Quote:   “A member of the Parliamentary Finance Committee, Jamal Kougar, explained, today, Friday, that changing the dollar exchange rate is related to the decisions of the Central … Continue reading →

Petra – Dinar Guru   One is curious about all the subterfuge going on the last 3-4 days.  How many times does a country have to “defend” in one aspect the fact they are “not” going to change the exchange rate….and then, … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Saleh Al-Hamashi : Next year’s budget may exceed 170 trillion dinars”   Let’s say the government acts on Article 110 of the constitution and if they drop 3 zeros from the exchange rate the ratio becomes very … Continue reading →

Pimpy – Dinar Guru  Article:  “The secret of the Sudanese government’s retreat from changing the exchange rate of Iraqi dinar”  Sudanese made a promise to the people that he would…change the exchange rate…now all of a sudden he appears to be backpedaling … Continue reading →

Nader – Dinar Guru  You see all what’s going on with the exchange rate…they took it down, they can easily reinstate it and the economy will not be touched…especially now…it’s booming in Iraq.  It’s nice you can get money left and … Continue reading →

Breitling – Dinar Guru  Watch Iraq.  It’s very positive.  It’s going to happen…but you need to be making money in other areas because we can’t control the date.  I think a lot of people don’t listen to that advice…Iraq is … Continue reading →

MilitiaMan – Dinar Guru   …With the World Bank, IMF, UN, USA, etc, giving the green light of support we could say that the time is now…The CBI has nothing but good reserves, gold reserves, high oil pricing, taxes and tariffs … Continue reading →

Sandy Ingram – Dinar Guru   The new prime minister of Iraq said the following on Tuesday, Its government with the help of the Central Bank of Iraq will do is best to increase the price of the Iraq dinar against the … Continue reading →

Pimpy – Dinar Guru  The 8th fastest growing economy, $9 billion a month in sales, a possible $200 billion in surplus money.  It just seems like Iraq is teetering right on the edge of finally getting back on track and being a … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Bank of Jordan opens its first branch in Iraq” Jordan opening  a bank branch is likely for that they know there is going to be massive trade. Opportunities will abound like ever before in the 60 years they … Continue reading →

Samson – Dinar Guru  Article:  “Announcement of a tender for the supply of currency counting and sorting machines”   Quote:   “The Central Bank of Iraq announces a tender for the processing of currency counting and sorting machines, according to the technical … Continue reading →

Nader – Dinar Guru  My opinion is if the CBI does anything with it [the dinar rate] it’s going to be in 2023. Everybody’s gonna have to be patient.  You have no choice…that’s the truth of it…sometimes the truth hurts.  The truth … Continue reading →

Pimpy – Dinar Guru   If they do change the rate, there’s no doubt that at the very least they’re going to change it back to the 1190 which was the previous rate.  That’s like a 22% or 27% increase in value…if … Continue reading →

MilitiaMan – Dinar Guru  Article:  “The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government“.  The World Bank looks to be giving the green light on the policy of changing the dollar exchange rate. It … Continue reading →

Samson – Dinar Guru  Article:  “The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”

Mountain Goat – Dinar Guru  I need to cover something that was told to me almost a year ago and that is about the timing of the RV. In this news from my CBI contact I was told that they were working … Continue reading →

Militiaman – Dinar Guru  Article:  “In the document.. Parliamentary signatures to restore the dollar exchange rate“  Looks like they are making headway gathering signatures for the country and the government to be ready for the next move. Seat the government and issue currency … Continue reading →

Sandy Ingram – Dinar Guru  Big news and is one of the reasons we believe Iraq will come full circle and revalue their currency.  Their actions say international connection.  Article “Iraq is building the largest port in the Middle East and it will … Continue reading →

Clare – Dinar Guru   Article:  “The House of Representatives grants confidence to the Sudanese cabinet“  “Al-Sudani: Our cabinet has won the confidence of the House of Representatives”

Pimpy – Dinar Guru  I think the first move is going to be to restore the dinar to its previous exchange rate…they’re saying 1200 dinars for every dollar…The real question is going to be how long until they do it again.  … Continue reading →

Jeff – Dinar Investor   Today is a critical day for Iraq and our investment.  Article:  “Deputy: Parliament will vote on 70% of the Sudanese booth today”  That’s approximately 16 out of 22 ministries will be voted on…they’ll be voting on that … Continue reading →

Samson – Dinar Guru   Article “The House of Representatives sets six in the evening as a date for voting on the ministerial curriculum and cabinet”