Author Archives: The Dinar Observer

Pimpy – Dinar Guru  Until this government is formed, everything is stabilized, it’s going to be a while before the exchange rate has changed…

Samson – Dinar Guru   Article:  “After the judiciary opened an investigation into the audio leaks, Al-Maliki may face execution or life”  Quote: “If the recording is proven correct according to the judicial investigation, the penalties that will face those who … Continue reading →

Mountain Goat – Dinar Guru  Article:  “…IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION”   Does Iraq need an international currency to join the WTO?  No, they do not however, I believe they are attempting to do so prior to becoming a full … Continue reading →

Nader – Dinar Guru   The only people who can make a decision is the Minister of Finance and the CBI.  No body  else.  No Al-Kazemi.  No Maliki.  No Sadr.  No parliament.  No President of the Republic.  No matter how much power these … Continue reading →

Tivon – Dinar Guru  …Iraqis will experience Purchasing Power. The International Monetary Fund, the World Bank, the World Food Program of the United Nations and the World Trade Organization all held meetings on the EFSL. They all agreed that this law will … Continue reading →

Pimpy – Dinar Guru  …There are others out there who are making the claims that one of the things that will bring peace to the nation is an increase in the Iraqi dinar rate.  That’s not going to bring peace between … Continue reading →

Kaperoni – Dinar Guru  The advisor to the prime minister clarified today that the government’s intention to restore the exchange rate is contrary to the truth, rather the government is engaged in fundamental reforms in both financial and economic that would create … Continue reading →

Militiaman – Dinar Guru  Article: “Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change”  Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing”  These two articles are saying … Continue reading →

Samson – Dinar Guru  Article: “Shocking number… How much is the percentage of ‘idle money’ in Iraq?”   Quote:  “70% of the money in Iraq is hoarded in homes, that is, idle, and far from the banks that, if invested, would move … Continue reading →

Tivon – Dinar Guru  Article “Parliamentary Finance excludes the existence of a budget for 2022 and explains the reason” …They do not need the general budget for this year. The EFSL will take care of everything that matters for the citizens and … Continue reading →

Pimpy – Dinar Guru  So the big question is once the Forex starts trading Iraqi Dinar would $1.71 be approximately the actual rate of the dinar?  …Let’s just say for the sake of it that this is going to be close … Continue reading →

Samson – Dinar Guru   Article:  “Al-Kazemi and his government enter a closed meeting with Biden in Jeddah“

Militiaman – Dinar Guru  Article:  “Alia Nassif comments on the revenues achieved by customs in Iraq”  That 95% oil revenues is going to be batched [matched?] by the borders, liquid natural gas, mining, tourism, etc.. The size of the money flow … Continue reading →

Tivon – Dinar Guru  I am showing you why we basically have not seen the exchange rate. They need the Oil & Gas Law in place on a constitutional basis in order to maximize profits for the new exchange rate to mean anything … Continue reading →

Clare – Dinar Guru  Article:  “Framework: Choosing the Prime Minister during the next few days, and we call for a parliamentary session next week urgent“

Tivon – Dinar Guru  Here is another thing that supports my opinion as far as the CBI waiting to pull the trigger once Al-Kazemi gives the green light. Why do you think he wanted to wait to address the USD rate … Continue reading →

Pimpy – Dinar Guru  If you go to…the foreign exchange website and try to look up the IQD which is the Iraqi dinar you can see it says “At this Forex.com does not offer trading in the Iraqi dinar.”  That means it’s still … Continue reading →

Militiaman – Dinar Guru  Article: “Deputy For Al-Fateh: The Exchange Rate Reduction Will Soon See The Light”  …100 deputies openly supporting the exchange rate change is powerful. They are campaigning. A sign of currying favor from the citizens. They want their purchase power.

Kaperoni – Dinar Guru  Local media announces today Al-Maliki will carry out a coup and become prime minister again…He is bad news for Iraq and is a pawn of Iran…Plainly put this is terrible for Iraq.   Maliki is a wannabe … Continue reading →

Samson – Dinar Guru  Article:   “The Central Bank announces that the Iraqi gold reserves have risen to more than 130 tons”  Quote:  “Iraq has advanced ten ranks in the table of the most countries in gold reserves, bringing its total possessions … Continue reading →

Mountain Goat – Dinar Guru   Article:  “DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT”  Quote:  “..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 deputies to vote on reducing … Continue reading →

Tivon – Dinar Guru  Article:  “Iraq uses the policy of “raising reserves” to control inflation”   So here we are once again being reminded that Iraq has enough of reserves to cover the reinstatement of the Dinar…So when you compile everything as … Continue reading →

Kaperoni – Dinar Guru  Monetary policy of the Iraqi dinar is at the sole discretion of the Central Bank of Iraq along with the guidance of the IMF. No parliamentary signatures, news articles or political figures have input.

MilitiaMan – Dinar Guru   Article: “Al-Shammari: Talking about changing the exchange rate is a media bid” Quote “Talking about changing the exchange rate is unrealistic…”  This guy is connected to Maliki all day long. imo…The EFSL is law. They have … Continue reading →

Nader – Dinar Guru  They refuse to put back the dinar to 1200…They’re asking the CBI to put back the dinar to its previous exchange rate which the CBI has other plans by Rving the dinar…I’m glad they didn’t accept … Continue reading →

Samson – Dinar Guru  Article:  “Parliamentary Finance denies the possibility of restoring the dollar exchange rate: it confuses the market and investment projects”  Quote:  “the Parliamentary Finance Committee denied what was recently reported about Parliament’s efforts to restore the exchange rate … Continue reading →

Tivon – Dinar Guru   Article: “Implementation of the Automation Program for Customs and Tax Receipts”  Game Time. The ATMs are ready. AYSCUDA is ready. BUNA Platform is ready. General Tax Authority is ready. Now Customs & Tax are ready. The HCL/Oil & … Continue reading →

RVAlready – Dinar Guru  …I think we are only waiting on the CBI to activate the RV at this point. When the CBI says go, we will be going to exchange.

Kaperoni – Dinar Guru  The first plan which has been discussed by economist and specialists in Iraq in the media and in various symposiums educating the citizens is a currency exchange (LOP). We do not want to see this happen. And the … Continue reading →

Petra – Dinar Guru   I would like to add a few dots to the logic equation as to status:  1. Al-Zamili stated weeks ago…upon passing of the law [ESFL] that the ministries would “immediately” be funded to begin their efforts … Continue reading →