Author Archives: The Dinar Observer

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 →

Petra – Dinar Guru   3. Today… Article “The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” …is not only the request of Kathemi to change the rate but … Continue reading →

Tivon – Dinar Guru  Saleh said “…the rise in Iraq’s hard currency reserves will increase confidence in the Iraqi dinar and will increase its stability,” stressing that “the Iraqi dinar is approaching full coverage of hard currency reserves in light of the … Continue reading →

Mountain Goat – Dinar Guru   …we keep hearing about getting out of a “rentier” economy solely based on oil…there are many more sources of revenue that can rival the oil revenues. But Iraq has to take advantage of them…The revenue … Continue reading →

Mountain Goat – Dinar Guru  …also they intend to tax revenues too some day, something they do not do today. This would be a huge source of revenue for the central government…another source of over looked potential huge revenues- the … Continue reading →

Tivon – Dinar Guru  Article “Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development”  I told you all they will keep hammering down on this law until it is … Continue reading →

Samson – Dinar Guru  Article “Britain asks its citizens to dispose of $17.7 billion in banknotes”  Quote “The Bank of England said people who own 14.5 billion pounds ($17.7 billion) of old notes have just 100 days to spend or deposit them before they … Continue reading →

Kaperoni – Dinar Guru  …The petition in parliament calling to reduce the exchange rate…If it succeeded it would only reduce it back to what it was a year ago…1170

Sandy Ingram – Dinar Guru   Iraq has gone from being a stable and wealthy state governed by a dictator, in the 1980s…To living under sanctions in the 1990s.  To the US invasion of 2003.  To the chaos of insurgency … Continue reading →

Pimpy – Dinar Guru  There’s no numbers on the back screen.  There’s no 800#s.  There’s no redemption centers.  I keep telling you guys it’s all crap they blow up your butt…there’s no tier 1.  There’s no tier 2.  All they simply … Continue reading →

Tivon – Dinar Guru  Article: “The Signatures Of More Than (100) Deputies Were Collected To Reduce The Exchange Rate Of The Dollar Against The Iraqi Dinar” …They are about to reverse the prior decisions that caused so much hardship. But … Continue reading →

Tivon – Dinar Guru  Article:  “Al-Kazemi’s advisor: “relative” control over prices and food security will support us”  There it is Ladies & Gentlemen…This means they can come out at a comfortable 100,000/100 USD at anytime.  Which is basically a flat … Continue reading →

Militiaman – Dinar Guru   Article:   “Minister of Finance: The Ministry is keen to implement the provisions of the Emergency Support Law for Food Security and Development”  the EFSL, it was voted on 06/08/2022.  15 days to be law with out … Continue reading →

Samson – Dinar Guru  Article ” Iraq Achieves The Highest Oil Revenue In Its History”

Kaperoni – Dinar Guru …Yes, al-Maliki desperately wants to be prime minister again. 

Militiaman – Dinar Guru  The EFSL is slated for tomorrow and or the 23rd to be law, whether it is signed by the President or not, as if it is not, it becomes law after 15 days regardless…the law was voted on … Continue reading →

Tivon – Dinar Guru  Article: “A statement by the Ministry of Finance on the debts of social protection beneficiaries”  I wouldn’t understand someone reading this…Financial Stability, Reducing Poverty, or Social Protection, and not think they can achieve this without granting “Purchasing Power” … Continue reading →

Pimpy – Dinar Guru   I said I do not believe we’re going to see any type of a rate change any sooner than a couple years.  People lost their damn minds.  They’re freaking out.  I know.  I get it… [but] … Continue reading →

Nader – Dinar Guru  Sadr is back to parliament to get Maliki out… 

RVAlready – Dinar Guru  Fortunately, the CBI governor does not seem to be in the Maliki camp. He has been too slow getting this done, but he appears to be moving in the right direction.