Author Archives: The Dinar Observer

Pimpy – Dinar Guru   I said, ‘Did they say why they were destroying them?‘ He didn’t know why but their job was to protect their currency and so he had to log in a list of serial numbers and they … Continue reading →

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Clare – Dinar Guru  Article:   “The Wall Street Journal reveals the scenes of the Fed’s tightening of the dollar in Iraq”  Quote:  “the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by … Continue reading →

Clare – Dinar Guru  Article 2:  “Iraq Economy Reels as U.S. Moves Against Money Flows to Iran — WSJ”  Quote:  “Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades … Continue reading →

Militia Man – Dinar Guru  They’re about to make a change and it’s expected not only by the citizens but also by the Ministries.  They’re all expecting something to happen from the CBI…

Henig – Dinar Guru  “The dollar has gone down… the dollar has gone down“… cheers from the audience as Al-Sudani entered the Basra stadium”  Quote:  “the audience chanted: “Download the dollar…Download the dollar“ in the dialect.”  IMO: Very poor translation in the headline there. … Continue reading →

Sandy Ingram – Dinar Guru   Iraq is still under sanctions and has an ongoing agreement with the U.S. government.

BobTheTaxMan – Dinar Guru  The [Modern day]  IQD…replaced the previous currency that once had a value of $3.75 (that was an inflated price that was brought into play by Saddam.  It wasn’t justifiable and reality price)… [The IQD now] is considered to … Continue reading →

Henig – Dinar Guru  Article: “Economic: Reducing the price of the dollar outside the ability of the government and the central bank”  IMO: This article is in the category of FUD: Fear, Uncertainty, and Doubt. By saying that there’s nothing anyone … Continue reading →

Clare – Dinar Guru  Article:  “For the first time… $100 jumps over 165,000 dinars in Iraq ”  Quote:  “The exchange rates of the US dollar against the Iraqi dinar jumped today, Thursday, in the main stock exchange in the capital, Baghdad, and … Continue reading →

Militia Man – Dinar Guru  All the things we’re seeing right now are pointing to a picture Iraq is about to make a move with their exchange rate and the reasons why they’re keeping it quiet is because it’s sensitive.  It’s not the … Continue reading →

Kaperoni – Dinar Guru …The IMF, World Bank and UN are there to support countries not demand reforms and punish them for not following guidelines… Only the IMF would work with Iraq regarding monetary policy and nobody is telling Iraq to change … Continue reading →

Mountain Goat – Dinar Guru  The German engineering company (Siemens) is a pioneer in the field of energy production, and it has a plan to raise the rates of electricity supply to Iraq…Why is this so important to us as … Continue reading →

Sandy Ingram – Dinar Guru  Iraqi banks have had to comply with certain criteria of the SWIFT International Transfer System in order to access their foreign reserves.  This foreign reserve is $100 billion is held at the U.S. federal reserve.  You … Continue reading →

Militia Man – Dinar Guru  The CBI will have to make an exchange rate change…They’ve said they were going to redenominate their currency to match the region and we expect that to happen relatively soon.  They publicly stated they may be … Continue reading →

Clare – Dinar Guru  Article:  “A new announcement by the Central Bank on the exchange rate of the dollar”  Quote:  “The bank’s advisor, Ihsan Al-Yasiri, said in a press statement today, Wednesday, that: ‘The rise in the exchange rate of … Continue reading →

Samson – Dinar Guru  Article: “A deputy sets a condition for voting on the 2023 budget related to the dollar exchange rate”  REDUCE THE DOLLAR TO THE DINAR

Samson – Dinar Guru  Article:  “Al-Nusairi announces the release of his new book, “The Central Bank of Iraq…The Journey of Challenges and Achievements 2003-2022”  Quote:  “The book reviews the challenges that the Central Bank of Iraq faced during twenty years, … Continue reading →

Sah – Dinar Guru  Yes, they are out of chapter 7 formally, as of a few months back. IMF stated that Iraq did overpay and was paid back about 7 million and was taken out of Chapter 7 and submitted … Continue reading →

Pimpy – Dinar Guru  Article:  “What is the secret of the decline in the Iraqi dinar despite the increase in dollar reserves?”  Having large amounts of reserves in gold strengthens your currency…why is the dinar losing value to the U.S. dollar?  Quote:  … Continue reading →

Sandy Ingram – Dinar Guru   International news feeds light up with details on the Iraqi PM statement on US troops.  Article:  “Iraqi PM backs indefinite US troop presence in country”  Quote:  “Iraq would like similar relations with Washington to those … Continue reading →

BGG – Article:  “Al-Fateh: Selling oil in currencies other than the US dollar is very possible”  I have said this and said it and said it… This is not an unrealistic set of events. EVERYONE wants off the US Dollar. The question … Continue reading →

Pimpy – Dinar Guru   Although this [past] article makes a great case why the rate is gong to be reinstated at $3.22…there’s nothing out there that guarantees the rate at $3.22.  I say that hesitantly because in an article they tell … Continue reading →

Breitling – Dinar Guru   Iraq is still cranking.  The powers that be in Iraq, the people with the authority, I haven’t heard one of them say, ‘This isn’t going to work.  We aren’t going to add value to our currency.  Maybe … Continue reading →

Kaperoni – Dinar Guru   What law needs to be passed now?  It’s not what law,  it’s laws. They’re over 100 outstanding laws in Iraq that need to be passed to encourage investment in Iraq. Nothing is happening with the dinar until … Continue reading →

Pimpy – Dinar Guru   If you want to have a stronger exchange rate for your currency you need a very stable government.  You need a stable currency.  You need a stable economy and having 94% of your budget relying on oil … Continue reading →

Clare – Dinar Guru  Article:  “An expected visit of an Iraqi delegation to Washington, and the “Dinar and Dollar” file is at the forefront of the talks”  Quote: “a high-ranking Iraqi delegation to visit the United States on the eighth of … Continue reading →

Pimpy – Dinar Guru  I was watching this video on the black markets over there in Iraq…They were highlighting a female…She takes hundreds of U.S. dollars and buys Iraqi dinars.  She’s buying them on the black market for something ridiculous … Continue reading →

Pimpy – Dinar Guru  Article:  “Government movement to complete the requirements for Iraq’s accession to the World Trade Organization”  This is a biggie…this is going to affect their currency in a positive way because now they are going to be a … Continue reading →

Paulette – Dinar Guru  Let’s hope that Sudani’s GOI doesn’t pass this budget prior to the currency being “reinstituted”.  If they do, there are still many windows of opportunity for the CBI to take action…If it gets all the way … Continue reading →