Author Archives: The Dinar Observer
Nader
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
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
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
Samson – Dinar Guru Article: “The World Bank: The policy of changing the dollar exchange rate is the prerogative of the Iraqi government”
Mountain Goat
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
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
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
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
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
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
Samson – Dinar Guru Article “The House of Representatives sets six in the evening as a date for voting on the ministerial curriculum and cabinet”
MilitiaMan
MilitiaMan – Dinar Guru …Lets see what the next couple of days bring us… From the looks of it there is serious anticipation for the GOI to have a vote on the cabinet.. There are side bar things that are going on in … Continue reading
Pimpy
Pimpy – Dinar Guru They’ve already made it clear as day they were going to change the rate. As a matter of fact even Sadr, one of his campaign promises was to change the rate at least back to the old … Continue reading
Samson
Samson – Dinar Guru Article “The central bank resolves the controversy over the dollar exchange rate plan” Quote “…the central bank…does not intend to change the value of the dollar…changes…will create a state of instability…and increase speculative activity in the currency…With … Continue reading
Nader
Nader – Dinar Guru This article coming this morning in the news… “Parliament Finance Committee, Nermin Maarouf confirmed the Central Bank of Iraq has no intention of changing the exchange rate of the dinar against the U.S. dollar.“
MilitiaMan
MilitiaMan – Dinar Guru …Look at the amounts of assets Iraq has. Not to mention the new electronic system in place is returning 100s of billions of dinars… All of this supports massive value for the exchange rate change success.. imo
Samson
Samson – Dinar Guru Article: “Iraq’s export of its oil in the form of derivatives instead of crude… It will bring in 60% more revenues, to achieve $15 billion per month” Quote: “if Iraq refines all the barrels of oil that … Continue reading
Pimpy
Pimpy – Dinar Guru If I remember correctly they said they had no intentions on changing the exchange rate for 5 years. But that was back in February…What has changed since February? The government. Their intentions were to stay with the white … Continue reading
Kaperoni
Kaperoni – Dinar Guru It is of my opinion this is how the dinar will rise in value.. gradually. And in doing so this will be the way that the zeros will slowly go away. By the issuing lower denomination currency … Continue reading
Breitling
Breitling – Dinar Guru Question: “Is Warka back on board? Can we connect with them?” They are not back on board. Remember Warka is a Sunni bank. It’s a Sunni family. The Shia want to control it. There’s a fight … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru I have told you…that the QFS [Quantum Financial System] has the new IQD rate within it as well as many other currency rates. The IQD is at about a $4.80+ rate USD. This rate applies to … Continue reading
Nader
Nader – Dinar Guru The voting of the prime minister Sudani, it’s not a bad thing…the world is watching…besides Maliki, nobody in Iraq is pro Iranian. Iran is Iran. Iraq is Iraq…After all Sudani is not gonna be bad. He’s not … Continue reading
Pimpy
Pimpy – Dinar Guru I hear all the buzz. I knew this was coming. I said it was coming. I know people were saying otherwise but if Maliki took control of the government you could start to see increases in Iraqi dinar…there … Continue reading
Samson
Samson – Dinar Guru Article: “Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate” Quote: “…signatures of more than 50 deputies were collected to host the … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Deputy: An upcoming parliamentary hosting of the Governor of the Central Bank and the Minister of Finance regarding the reduction of the exchange rate” The CBI Governor and the Finance Minister hosted a meeting on … Continue reading
Samson
Samson – Dinar Guru Article: “Parliamentary Finance talks about the fate of the dollar price in the new government” Quote: “Changing the price of the dollar from time to time has significant repercussions on the local market and the … Continue reading
RVAlready
RVAlready – Dinar Guru I think the CBI, UN, and IMF have the finish line in sight, and they are in a dead run to get the RV accomplished. …I think the CBI is ready to release the RV, once … Continue reading
Pimpy
Pimpy – Dinar Guru Understand the central bank is its own entity. It’s separate than Iraqi government and they’re the ones that actually determine what the exchange rate is going to be. If for some strange reason the governor of the … Continue reading
Samson
RVAlready
RVAlready – Dinar Guru I think their banks and citizens are ready to go. Every time I hear about someone in Iraq, they have been told to expect an RV soon.