Author Archives: The Dinar Observer

Pimpy – Dinar Guru     Article: “The Sadrist movement enters a state of media silence throughout the month of Ramadan“  We probably won’t hear anything from Sadr during this time.  That’s probably why he gave them [Maliki and his Framework political block] … Continue reading →

Petra – Dinar Guru  The world is going thru change…a bigger picture that will require Iraq to reinstate their currency…Putin is…demanding all transactions now to be in Rubles. Putin has also asset backed his currency with Gold. So what is happening? The Fiat … Continue reading →

Petra – Dinar Guru   So, sit tight, the GOI does not make the RI decisions…bad actors in Parliament, will force outside entities to push the CBI to move forward IMO…They are working and getting things done…In summation, relax, it may not be … Continue reading →

Militiaman – Dinar Guru   Now that we are at the political crossroad with the GOI…Lets see if that red light of the politics gets sorted while we wait for that green light of the next IQD exchange rate to go … Continue reading →

MilitiaMan – Dinar Guru  Article “Parliamentary proposal to speed up the approval of the budget”  I am liking this one. It is implying there is urgency and a need to see the budget through. The political stalemate is not helping anyone or anything. … Continue reading →

Pimpy – Dinar Guru  Things that influence the exchange rate of the currency, whether or not you have a stable government is one of them.  As you can clearly see they can’t even get one established.  That’s not good at all.  … Continue reading →

Kaperoni – Dinar Guru   Central Bank of Iraq monetary policy is in cooperation with the IMF. It’s strategic, in scientific and nothing is random or arbitrary. Only with the success and growth of Iraq ‘s economy can the dinar … Continue reading →

Clare – Dinar Guru   Article:   “Parliamentary proposal to speed up the approval of the budget”  Quote:   “proposed a solution to expedite the approval of the general budget 2022.”  THAT IS VERY INTERESTING!   WE SHALL SEE HOW THEY GET IT … Continue reading →

Kaperoni – Dinar Guru   …talk about an RV based on political accomplishments such as seating of the new government. I assure you the CBI doesn’t care, their decisions are based on strategic and scientific monetary policy.

Sandy Ingram – Dinar Guru   Article:   “Tourists trickle back to Iraq despite the dangers“.  Here’s some really good news.  Most western governments still issue travel warnings for all or parts of Iraq…the tourist industry is expected to increase regardless of … Continue reading →

Mountain Goat – Dinar Guru   Article:  “MINISTRY OF FINANCE SAYS 200 BILLION DINARS TRANSFERRED TO ERBIL SULAIMANI — ”  Remember what the IMF told Iraq on its audits – they must pay the Kurds on a regular schedule and not hold up their … Continue reading →

Newshound – BGG  …some actual perspective might be in order for today. Iraq has just undergone a major electoral shift during these last early elections. It has trended towards a much more reformist, “for the people” agenda. The margins are very, … Continue reading →

Samson – Dinar Guru   Article: “A legal expert clarifies the time period for choosing the President of the Republic and reveals the details of dissolving Parliament”  Quote:  “in the event that the new president of the republic is not chosen, … Continue reading →

Sandy Ingram – Dinar Guru  Iraq exported 15.43% of its oil to 6 European countries during the month of February.  Turkey 9.1 MB, Italy 5.1 MB, Greece 4.25 MB, Netherlands 2.05 MB and France 1.01 MB… as investors in the Iraqi Dinar we … Continue reading →

Mountain Goat – Dinar Guru   The CBI has told me in the past and is still telling me that, when the time is ready, they will “openly” inform the world on this project to delete the zeros and “proudly” show it … Continue reading →

Militiaman – Dinar Guru  Article:  “In the names.. members of the Finance Committee after the parliament vote”  …The Finance Ministry (FM) side of the monetary reform process is looking to be ready to go with approved committee in place. I … Continue reading →

Clare – Dinar Guru  “Iraq exports oil derivatives to the United States after banning Russian imports ”  Quote:  “According to data from the Kepler research company, last year Russia’s share of US fuel oil imports was just under half, and Mexico’s … Continue reading →

Kirk H. Sowell – Political Guru   So, no new president today with less than 220 MPs present. Halbusi sets next Wednesday, March 30, as the next date to hold a vote.

Pimpy – Dinar Guru  We all want a reinstatement…I never said I didn’t and I’ll take that $3.22 rate…but we have to deal with the probabilities and how realistic it is.  To me as long as it’s going in a positive … Continue reading →

David M. Witty – Dinar Guru  Iraqi Parliament decides to delay election of new president of the republic and forming a new government until Monday…

Clare – Dinar Guru   Article:   “The Iraqi parliament adjourned on Saturday its session to next Monday, after it failed to complete the quorum for the presidential election session.“

Godlover – Dinar Guru   Article:  “Save a Homeland”: We have about 200 confirmations of attendance for the Saturday session, and we are waiting for changes within hours“. This is a good article. Sounds promising that the POR will be named. … Continue reading →

Clare – Dinar Guru   Article:  “Parliament sets the timing of the Saturday session and limits its agenda to electing a president for Iraq“

Mountain Goat – Dinar Guru   …remember two things about this revaluation:  1.  Is it about what we are looking for or just back to the 1190 rate from the 1450 rate?  2. It must be preceded by the project to delete … Continue reading →

Pimpy – Dinar Guru  Are we gonna have the same issue that we did in 2019 [With the parliament vote for president and PM] – Every time a candidate is announced and then we get get shot down and it happens again, … Continue reading →

Clare – Dinar Guru   Article:   “Al-Adari: Saturday’s session will pave the way for the formation of a government by an Iraqi decision and will“

Pimpy – Dinar Guru  I understand that an RI will be better [than a slower rate increase]…It’s not that I don’t want and RI.  It’s not that I think an RI wouldn’t be better.  It would.  What I’m saying is realistically it’s … Continue reading →

Mountain Goat – Dinar Guru   …I suspect that once the president is elected and the prime minister announced that we will see a breakout of the news once again on the revaluation…

Pimpy – Dinar Guru   We’ve got to get the government formed first before we could do anything about the budget getting passed and then we could start talking all over again about a possible rate change…

Sandy Ingram – Dinar Guru  Article: “Export bottlenecks limit Iraq’s oil production potential”  Global markets need Iraq’s oil but infrastructure issues are likely to prevent the country from taking full advantage of high prices…Iraq’s oil fields have a combined production capability of … Continue reading →