Author Archives: The Dinar Observer

Breitling – Dinar Guru  Question: “What’s the latest out of the Central Bank of Iraq?”  The Central Bank of Iraq is pushing… legislature and banks to be Swift compliant.  That’s it.  That’s the language coming out of the CBI.  They have one … Continue reading →

Pimpy – Dinar Guru  If you remember there was an article, it was expected that Iraq would lock in the rate that we have now 1450 dinars for every $1…for five years.  With this new government taking over I don’t think … Continue reading →

Samson – Dinar Guru  Article:  “A new currency will be introduced soon … What is the economic feasibility of it?”  Quote: “Iraq intends to introduce a new currency on the market soon…the Governor of the Central Bank of Iraq, Mustafa Ghaleb … Continue reading →

tlm724 – Dinar Guru   Article:  “Iraq Ranks First In The Arab World… The 10 Fastest Growing Economies In The World”  Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world … Continue reading →

Frank26 – Dinar Guru  Article:  “Economist: The new government has a golden opportunity to reduce the dollar exchange rate”  THERE IS A DIFFERENCE BETWEEN REDUCING THE EXCHANGE RATE AND CHANGING THE EXCHANGE RATE!!! YOU CANNOT CHANGE THE US EXCHANGE RATE  BUT YOU … Continue reading →

Militiaman – Dinar Guru  Article “Find out when the new president will receive the keys to the Peace Palace ”  Well well well.. They are on the move. The new guy gets his keys to the Peace Palace Sunday… Will that include a … Continue reading →

Pimpy – Dinar Guru  It doesn’t appear that Sadr is upset with what’s going on so we shouldn’t hear anything from him or his people and it looks definitely like Iraq is on its way to establishing the government and finally passing … Continue reading →

Samson – Dinar Guru  Article:   “For the first time in its history, bank deposits in the Central Bank approach 180 trillion dinars”  Quote:  “the rise in local banks’ deposits with the Central Bank and their exceeding the barrier of 40 … Continue reading →

Militiaman – Dinar Guru  The new government spoke directly about announcing his cabinet within two weeks and address the exchange rate. The man has hit the pavement out of the the gate..  The UN is likely to have had a word with him, … Continue reading →

Clare – Dinar Guru  Article:  “Economist: The new government has a golden opportunity to reduce the dollar exchange rate”  Quote “…and raise the value of the Iraqi dinar, pointing out that all conditions are prepared for this measure.”

Sandy Ingram – Dinar Guru   Abdul Latin Rashi was elected President in the second round of voting.  He quickly then appointed Muhammed Al-Sudani as prime minister, giving him 30 days to form a government.  

Kaperoni – Dinar Guru After almost a year since the election, Iraq has decided to compromise and form a government. Iraq has sworn in a new president today Abdul Latif Rashid.  This new president has chosen a prime minister and designated him to … Continue reading →

Breitling – Dinar Guru  Community comment  “It’s been over 20 years and they’re still having problems in their parliamentary and in their government positions.”   Watch the fundamentals…policy-wise.  Then it makes sense.  It’s not 100% it’s 110% that they’re gonna add value to … Continue reading →

RVAlready – Dinar Guru   Article:  “Iraq Elects New President and New Prime Minister Today!”  In the end, all it took for Iraq to get its act together was a threat by the UN to take over the government…All we need … Continue reading →

Dinar News Flash –  It appears Iraq’s parliament voted in a new president and the new president selected the new prime minister.  Things are moving extremely quickly.  The new Prime Minister has 30 days to form a government.

Clare – Dinar Guru  Article:  “Al-Kazemi congratulates Abdul Latif Rashid on his election as President of the Republic“.  NOTHING IS OFFICIAL UNLESS THERE IS A VOTE OF CONFIDENCE ON THE PM DESIGNATE AND IF NOT THEY HAVE TO NOMINATE SOMEONE ELSE.  SO WE … Continue reading →

David M. Witty – Dinar Guru  Iraqi Parliament elects Abdel Latif Rashid as new president of the republic. Rashid to nominate Mohamed Shiya Sudani as new PM.  In Iraq, PM designee Mohamed Shiya Sudani: I will form my new government in … Continue reading →

David M. Witty – Dinar Guru  Iraqi parliament vote for president of the republic is between 2 candidates, Barham Salih, the current president, and Abdel Latif Rashid, a former minister.

Clare – Dinar Guru  Article:  “A parliamentary source reveals the number of votes required for a presidential candidate to win”  Quote:  “the first round of secret balloting, if the candidate gets 220 votes, then he will go to a second … Continue reading →

Clare – Dinar Guru  Question:  “the 26k note will be cancelled?”  THE 25K NOTE…NO, NOT AT ALL..THE NOTES ARE VALID THEY WON’T USE THEM IN COUNTRY.  THE NOTES WE HAVE WILL STILL BE ABLE TO EXCHANGE WHEN THE RATE CHANGES. IMO

David M. Witty – Dinar Guru  Iraqi Speaker of Parliament: the parliament meeting on Thursday will have one agenda item: electing a president of the republic.

Samson – Dinar Guru  Article:  “The judiciary releases Al-Maliki on bail after appearing in the leaks file” Quote: “Judge Jaafar al-Moussawi, announced…the release of the leader of the State of Law coalition, Nuri al-Maliki, on bail after appearing before the judiciary … Continue reading →

Mountain Goat – Dinar Guru  Article:   “THE CENTRAL BANK CLOSES THE DOOR TO CHANGE THE DOLLAR EXCHANGE RATE.. WHAT ABOUT THE PROJECT TO DELETE ZEROS?”  Quote: “the process of deleting zeros from the currency needs to legislate a law and requires … Continue reading →

Mountain Goat – Dinar Guru  I…know for a FACT that before the CBI will conduct the project to delete the zeros someday, it will have to get permission from the Finance Ministry thus the cabinet, to which writes the legislation and passed … Continue reading →

Mountain Goat – Dinar Guru   Why does Kap say it does not?  …The plan of the process to reform the currency was given to us in 2011… I would never even allude to a LOP.  Dr Shabibi told us specifically that a … Continue reading →

Samson – Dinar Guru  Article:  “Parliamentary Investment: Iraq has a financial abundance of more than 86 billion dollars”  Quote:  “Iraq lacks a strong government, if it existed, there would have been a boom in its economy,” expressing his hope that … Continue reading →

Breitling – Dinar Guru  Question: “What is the central banks’s position on the government of Iraq?”  They’re fine with it…I keep telling people there’s no difference between the Sunni and the Shia.  They’re definitely fighting for control.  On how they treat … Continue reading →

Samson – Dinar Guru  Article: “The new 20 thousand dinars category raises controversy and reveals the hidden.. Economists: It will increase inflation“

Mountain Goat – Dinar Guru  Why have a new 20,000 dinar note?  …why issue it if there is a plan to conduct the project to delete the zeros in the very near future anyhow? Why go through all the work and expense?  … Continue reading →

Breitling – Dinar Guru  Question:  “Don’t shoot the messenger!  This concept is out there often – ‘Iraq is in no position to float the Iraqi dinar because they are 90% dependent on oil and until they pass laws, diversify their economy, … Continue reading →