Author Archives: The Dinar Observer
BobTheTaxMan
BobTheTaxMan – Dinar Guru IQD Roundup – It was created during the Iraqi war around 2003. It replace the previous currency that once had a value of $3.75…it’s managed by the Iraqi government and the CBI…under a managed float with … Continue reading
Pimpy
Pimpy – Dinar Guru The political situation is not stable. You have civil unrest which is not what you want if you’re going to raise your exchange rate. I’m not saying the exchange rate is not going to change. If that was the … Continue reading
Tivon
Tivon – Dinar Guru Gradually and internally reducing the USD price in the country until it reaches 1:1 will probably be the marker to reinstate on the international markets. This makes sense to me. But other alternatives could be at play. At least … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Article: “Could Iraq slide into civil war?” Iraq has not be able to form a government and things have gotten worse. The global news networks are openly asking questions no one wanted to previously talk about…
Mountain Goat
Mountain Goat – Dinar Guru Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election process has hit a Guiness … Continue reading
RVAlready
RVAlready – Dinar Guru It is not the same old story. We are now pretty sure that the CBI is ready to push the button. They will do so as soon as parliament votes in a new president of the republic. … Continue reading
Jeff
Jeff – Dinar Guru …The dinar has not changed. It remains…1460. That’s where it’s remained since it was devalued in December 20, 2020. No change has occurred. It remains the same…the banks have to price everything off of the CBI. The CBI … Continue reading
Militiaman
Militiaman – Dinar Guru I’m a little bit numb. I pinched myself a couple time because at this stage of the game it may not be terribly surprising but this it’s surprising because it’s actually here. We’re seeing the results of … Continue reading
Petra
Petra – Dinar Guru This is great news [Kazemi announcing to citizens a new exchange rate is coming]. I don’t know how to respond. It’s exciting. It’s good. It’s something we’ve all been waiting for for quite some time…
Pimpy
Pimpy – Dinar Guru I had a feeling this was coming in this direction…A revolution is when the people rise up against the government. A civil war is when the country is divided in half – it’s people – and they … Continue reading
Samson
Samson – Dinar Guru Article: “After his supporters stormed parliament, Muqtada al-Sadr: Your message has arrived and you have terrified the corrupt“
Sandy Ingram
Sandy Ingram – Dinar Guru Iraqi protesters broke into the parliament denouncing the nomination of the new Iraqi prime minister on Wednesday. Al-Sadr told protesters at the parliament building that their message had been received and that they should return home.
Breitling
Breitling – Dinar Guru Question: ‘If they turn the dinar digital is there a chance there won’t be an exchange process and we’ll be blocked out of the opportunity?’ It doesn’t work that way. Iraq is not going to get rid of their … Continue reading
Clare
Clare – Dinar Guru Article “Detailed statement..Finance announces 25 achievements in implementing the white paper” VERY IMPRESSIVE! IRAQ SURE HAS COME A LONG WAY WITH THE RIGHT PM …AND THAT IS KAZEMI! IMO…
Jeff
Jeff – Dinar Guru Article “Issuance of a late budget law is better than the end of the fiscal year without it” There has been a reasonable amount of gurus that have stated that Iraq will not do any budget at all … Continue reading
Kaperoni
Kaperoni – Dinar Guru The plan from the IMF for the Iraqi dinar was stated in 2013 in the IMF Article IV Consultation. It encouraged Iraq to create the conditions (pass laws, encourage investment, etc.) Then float the dinar allowing a gradual … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru …If the adjustment of the currency occurs…you will have 30 days to set up a legal tax protection plan. If you fail to do so you could end up paying up to 35% of your profits … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The General Secretariat sets the ceiling for the salaries of lecturers and workers within the Food Security Law” It looks like they are doing what the Prime minister ordered them to do. While they adjust salaries, … Continue reading
Samson
Samson – Dinar Guru Article: “A new parliamentary movement to restore the price of the dollar to its previous era” Quote: “lowering the dollar exchange rate should be a priority for the next government,”
Jeff
Jeff – Dinar Guru Article: “The framework called for holding a session next Saturday to elect the President of the Republic” You know the major important step we’re looking to see is that government formed…I don’t know how true [this article] is. … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “AN IRAQI OFFICIAL REVEALS THE AXES OF MONETARY POLICY TO CONFRONT INFLATIONARY PRICES” As long as they continue down this road of not allowing the outside to invest in Iraq and superficially holding back the … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru The CBI is ready as they will ever be to change the exchange rate. They have told us that the starting point for the Iraq Banking sector for Europe will be in France. Not the exclusive point … Continue reading
Nader
Nader – Dinar Guru I said there it is, it’s happening. That means it’s impressive. It’ll happen now. It’s gonna go fast now. It’s gonna happen fast. We counter from here to October. They have to set up a government and have … Continue reading
Jeff
Jeff – Dinar Guru Mark my words once they start voting on the president they’re going to change the rate very shortly after probably within a week. It will be very close in time. They only need about a week … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Advisor to the Prime Minister determines one option to reduce the dollar exchange…” When they say reduce the dollar exchange what they’re talking about is reducing the dollar’s value against the Iraqi dinar which is … Continue reading
Petra
Petra – Dinar Guru Article: “3 conditions presented by al-Sadr to reconcile with al-Maliki.. Get to know them“. Sadr just laid down the gauntlet! Think of it, he sends these 3 requirements to Maliki (and the citizens of Iraq) for him … Continue reading
Jeff
Jeff – Dinar Guru Article: “A deputy Sets The Date For The Election Of The Presidents Of The Republic And The Government” They’re bundling the election of the president and the Prim Minister together. They only need about a week … Continue reading
Breitling
Breitling – Dinar Guru Question: “You mentioned a potential value to come in between $0.55 to $0.65…but a lot has changed – the price of oil has gone up, their coffers are getting full, they paid off debt. Wouldn’t that … Continue reading
Breitling
Breitling – Dinar Guru Remember they got to compete within their region so they’re not going to have a currency that’s above everybody else’s…the average value of the currencies in the Middle East I think it’s like $0.40 to $0.50. So what … Continue reading
Militiaman
Militiaman – Dinar Guru …The government in place that is Halabousi, Saleh and Kahdimi can, are and will continue in the present state of affairs. The back and forth about seating of the government now is looking to be more … Continue reading