Author Archives: The Dinar Observer

Desert Advisor – Dinar Guru  Article:  “Brent crude price exceeds $119 per barrel”  Well this just happened.  You think their [Iraq’s] economy’s growing and strengthening?  I do.

Sandy Ingram – Dinar Guru  Article:  “Iraqi Parliament to met for reopening door for new presidential candidates”   Once the new president is elected by the parliament then they will select a prime minister.

Pimpy – Dinar Guru  I never denied the fact that an increase in purchasing power would benefit Iraq and especially the Iraqi people.  Also I never said it’s for sure not going to be reinstated at $3.22.   What I said … Continue reading →

Desert Advisor – Dinar Guru  They have been talking nonstop about the exchange rate…A lot of the news articles that have been coming out are consistently just talking about the exchange rate.  Just talking, talking, talking about the exchange rate…good/bad.  … Continue reading →

Desert Advisor – Dinar Guru  Article “International Monetary warns Iraq and announces its position on the dollar exchange rate”  The IMF is telling them you guys should look into raising your exchange rate…  Youtube video “Speaker Halbousi Speech on Revaluing Iraq Dinar … Continue reading →

MilitiaMan – Dinar Guru   the CBI, they have the exchange rate in their court. Not the GOI / Finance Minister, his tasks are important, just different from the CBI…They are independent from each other.  As for the political side of things, they … Continue reading →

Pimpy – Dinar Guru  Article “Fitch Affirms Iraq at ‘B-‘; Outlook Stable”  Since 2015 they keep slowly but surely devaluing the currency.  I bring this up for a reason.  Understand Iraq today in 2022 is nothing like Iraq even from 2020.  It … Continue reading →

RVAlready – Dinar Guru  I don’t think the CBI will agree to change the rate until the government is seated. Hopefully, they will install the president by next Friday.

Kaperoni – Dinar Guru  Community perception  – “the exchange rate of the Iraqi dinar is currently a fake and suppressed value.” is a misrepresentation of the IMF directives…Again not true and just nonsense. The exchange rate is the exchange rate of the Iraqi dinar … Continue reading →

Pimpy – Dinar Guru  The articles that you read it gives the appearance that they plan on reinstating the rate.  I try to avoid going in that area because I don’t want anybody to have false hopes but I am saying … Continue reading →

Militiaman – Dinar Guru   They have told us they want to cease the currency auctions.   Well, Sunday’s auction was a mere $960,000.00. That is a very telling sign in and of itself…By that we can garner…behind the scenes…progress is getting done…The goal is … Continue reading →

Kaperoni – Dinar Guru  Over the last 10-15 years the IMF in various Article IV Consultations with Iraq have laid it out very clearly the objectives for Iraq, the monetary policy and the stability of the financial system…An excellent article … Continue reading →

Pimpy – Dinar Guru  You can’t expect them to change the rate right now, the government hasn’t been formed.  Remember the Central Bank of Iraq …can make the recommendations.  Parliament can vote on it and then the rate change is announced…there … Continue reading →

Clare – Dinar Guru   Article:  “The International Monetary Fund warned Iraq of the “fragility” of its economic recovery.” …IMO… WHY IS THE IMF TALKING TO THEM ABOUT THE EXCHANGE RATE???? WHY NOW????… Quote:  “in addition to the support of the International Monetary Fund, … Continue reading →

Godlover – Dinar Guru   Article:   “The Minister of Finance resolves the controversy over changing the dollar exchange rate”   One of many reasons I do not think the NSCN’s [Lower denomination notes] training happened yet. They would not train on something … Continue reading →

Pimpy – Dinar Guru   There is still more talk about the exchange rate.  I thought they had this thing settled but apparently not…  Article:  “Al-Kazemi’s advisor: The state’s loss will be great by adjusting the exchange rate”  Here’s the … Continue reading →

Mountain Goat – Dinar Guru   Article:  “AL-ABADI AND ALLAWI CALL FOR THE ADOPTION OF A REFORM STRATEGY TO CROSS THE NEXT STAGE”  What do you think the “next stage” needs to kick it off?   …It needs the dinar to be … Continue reading →

Pimpy – Dinar Guru  ‘In-country’ rate vs. ‘Out-country’ rate.  That’s a lie.  There’s only one rate period.  If the rate is a $1.50 it’s going to be $1.50 in Iraq as the same outside of Iraq.  If the rate is $3.22 in … Continue reading →

Mountain Goat – Dinar Guru   …All the news this period is good…We should all realize by now that the RV is coming and it is not long off before we see it. Okay so it did not happen in January as we … Continue reading →

Dinar Investor – Jeff   Article:  “The Iraqi parliament is considering re-pricing the dinar against the dollar”   Iraq’s government put out a ton of news talking about adjusting the exchange rate.  That could only means one of two things – either they want … Continue reading →

Dinar Investor – Jeff  Article:  “The Central Bank: The dollar exchange rate is stable and there are no intentions to change it”  the central bank has no intentions at this time of adjusting the exchange rate according to what they’re telling us…what … Continue reading →

Sandy – Dinar Guru  oil has gone up to over $100 a barrel since Russia attached the Ukraine.  For Iraq this is good news…

Samson – Dinar Guru   Article:  “During The Hosting Session.. The State Of Law Demands The Return Of The Dollar Price To Its Previous Era“  Quote:  “It has become imperative for the government and the Ministry of Finance to return the exchange rate to its … Continue reading →

Pimpy – Dinar Guru  Article Quote:  “…parliament will hold a session tomorrow Monday to discuss the dollar exchange rate and the presence of the finance minister…”  They’re going to be discussing the exchange rate.  We’ll see what comes out of it…Y’all … Continue reading →

Mountain Goat – Dinar Guru  The budget is just a budget. It is money allocated to projects. The funding can be converted at any time. What they do need is the price of oil to know the amount of revenues to expect … Continue reading →

Pimpy – Dinar Guru   We know there’s a lot of chatter going on.  We’re monitoring it.  We’re paying attention.  I still think it’s just going to go up in increments.  There’s a lot of meetings going on.  Parliament is meeting.  We’re … Continue reading →

Kaperoni – Dinar Guru Article quotes:  “the economic expert, Sabah Alo, called on the government to take a decision to float the Iraqi dinar, similar to the Egyptian experience of floating the pound.”; “It is better that a decision be taken to … Continue reading →

Sandy – Dinar Guru  Article: “Iraq aims to shift investment priority from oil to gas sector, minister says”  This has quietly been sitting at the bottom of the news feed for a little over two weeks.  Iraq is taking to heart … Continue reading →

Pimpy – Dinar Guru  Question: “How does 1190 or even 1000 [rate for the dinar] give the people more purchasing power?”  The Iraqi people lost 260 dinars [1190 to 1450] in the rate change compared to what it was before…21.8% of … Continue reading →

Pimpy – Dinar Guru  Let me put it another way…Let’s say you’re making $1000 a week and then all of a sudden they take away 21.8% of your check.  Now instead of getting $1000/week you get $782/week.  See the difference? … Continue reading →