Author Archives: The Dinar Observer

Militiaman – Dinar Guru   Article:   “Zidane discusses with the Deputy Speaker of Parliament cooperation in enacting  “important” laws”  My view is they tell us clearly what is on the table. The ration card in it’s entirety is the food law, the … Continue reading →

Militiaman – Dinar Guru  Throw in the energy card and we have some serious on goings. I like what we are seeing.  Quote: “after the law is passed, a breakthrough will occur in the entire political scene, including accelerating the process of … Continue reading →

Samson – Dinar Guru  Article:  “Expert: Iraq Gets About 4 Thousand Dollars From Selling Oil Every Second”  Quote:  “And the rate of revenue per hour amounted to “13.792 million dollars.  per minute = 230 thousand dollars…”

Tivon – Dinar Guru  I am not even interested in the budget anymore. Especially after I found out they can issue the Oil & Gas Law under “Citizens Entitlements” which is in the FSL. Remember my people the advisor to PM … Continue reading →

Mountain Goat – Dinar Guru   I will be contacting the CBI soon to get an update on the project to delete the zeros… How will this next chess move begin? …I believe it will be announcements made to turn in the … Continue reading →

Mountain Goat – Dinar Guru …Technically there is not going to be any revaluation in Iraq.  Get it?  It is not until you take the older thee zero dinar notes after the dinar is reinstated on FOREX at the rate we … Continue reading →

BobTheTaxMan – Dinar Guru   Emerging markets are countries that have some characteristics of a developed market but yet not fully developed …Iraq and Mongolia are the two latest that are moving from a kind of 3rd world status…Iraq is … Continue reading →

Pimpy – Dinar Guru   …I was listening to news from overseas, the lady was talking about how the IMF and the World Bank have grossly underestimated the GDP growth in Iraq and said that if they formed their government and moved … Continue reading →

Militiaman – Dinar Guru  Article: “Finance is finalizing the 2022 budget, and good news for lecturers and contracts”  There is definitely a push to get the reforms done… The articles all show it to be the case and the world having been involved … Continue reading →

Kaperoni – Dinar Guru  For the most part, the IMF is in charge of Iraq’s monetary policy (at least providing significant guidance). And the IMF does not want them to redenominate.  It is well documented they want them to allow the … Continue reading →

Nader – Dinar Guru  community comment  “Iraq is printing too many dinars…”  Yeah they printed too many dinars.  They stopped printing…the 25,000, 10,000, 5,000, 1,000.  They stopped printing them.  Now they’re trying to print new money with only one or two zeros…smaller category of … Continue reading →

Sandy Ingram – Dinar Guru  …Excellent news from Iraq.  Article: “Iraq currency reserves expected to exceed $90 billion by year- end, Finance Minister”  …this is excellent news.

Pimpy – Dinar Guru   Article:  “Al-Kazemi: Iraq has become one of the most important countries in the Middle East in terms of economic growth”  they could have a much stronger economy but they have to pass a budget.  Well they can’t pass … Continue reading →

Pimpy – Dinar Guru  they can’t get money out to the needy and they got to continue working with the last year’s budget.  This is Iraq, always shooting itself in the foot.  They have the opportunity to really grow and thrive…but … Continue reading →

Deepwoodz – Dinar Guru   Kadhimi has been silent but he usually is concerning parliament…I do agree there is a work around/smoke and mirrors in play. I suggest that the EFSLaw is the work around to the new exchange rate…the budget law … Continue reading →

Godlover – Dinar Guru  This EFSL [Emergency Food & Security Law]  is not a good thing, IMHO. I know many are expecting the EFSL to have a new rate, however, I cannot see any logic in that thinking unless the 2022 … Continue reading →

Samson – Dinar Guru  Article:  “Al-Rasheed Bank of Iraq outside international sanctions after 30 years”  Quote:  “Al-Rasheed Bank announced, on Sunday, May 29, 2022, the removal of its name from the list of international sanctions of the Charter of the … Continue reading →

Mountain Goat – Dinar Guru  Article:  “A WISE ADMINISTRATION RAISED THE PRICE OF THE DOLLAR.. A BOLD TALK BY THE MINISTER OF FINANCE ABOUT A SURPRISE FOR THE IRAQI ECONOMY, WHICH BODES WELL”  Quote:  “…confirmed the increase in cash reserves … Continue reading →

Pimpy – Dinar Guru  There are some things I notice about Iraq that just drives me insane.  They’re so on the verge of just being where we want them to be so we can make something off this investment – it’s … Continue reading →

Militiaman – Dinar Guru  Article:  “Saving a Homeland: The government will be formed within the next two months”  I am not seeing them use two months to resolve the issue of the Government impasse. There is another meeting with the UN post … Continue reading →

Nader – Dinar Guru  Comment:  “Iraq will never reinstate their money.  Their money will never go up.”  You might be right but I strongly disagree with you because if you look all around us like Kuwait, United Emirates, if you look … Continue reading →

Mountain Goat – Dinar Guru  Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early … Continue reading →

Godlover – Dinar Guru  Article: “Parliamentary agreement to complete the draft food security law”  The FSL is a “filler” with a mini budget per articles, for them to get by until the general budget is approved & opened. This of course … Continue reading →

Nader – Dinar Guru   The reinstatement will not go more than 1 to 1 to start then it floats.  That’s how it’s gonna happen…I don’t think it’s gonna be in the $6…no country will be in the $6 range against the … Continue reading →

Deepwoodz – Dinar Guru  Let’s not forget that Kadhimi and his government had the budget ready long before now. Even before they supposedly became a caretaker. They could easily have put the budget forward at the end of last year if … Continue reading →

Samson – Dinar Guru  Article:  “The arrival of dollar reserves to 90 billion, ringing the bells of the exchange rate”  Quote:  “Calls are rising among the popular and political circles, to reduce the exchange rate of the dollar against the dinar, after … Continue reading →

Godlover – Dinar Guru  Question:  “IMO, everything is in place they just have to do it…what do you believe still has to happen in order for them to be ready?”  What NEEDS to happen is a seated government IMO. Even if a … Continue reading →

Godlover – Dinar Guru   Furthermore, if a government was in place already, it would benefit them to make it official. There is no benefit to hide them. There would be no reason for them to not announce their new government, if … Continue reading →

Firefly – Dinar Guru   [Iraq boots-on-the-ground TV report] FIREFLY:  CBI governor talking about the exchange rate…in interview on news. FRANK26:  This is where it starts to get real…it’s getting close, be prepared.  FIREFLY: Yes.

Samson – Dinar Guru  Article:  “The Central Bank of Iraq announces that foreign reserves have risen to $74 billion“  Quote:  “noting that the financial situation in Iraq was “very excellent” compared to the countries of the region and neighboring countries…“