Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru    …Be patient, it is coming. I know for a FACT the CBI has been planning the change over of currency to the lower denoms for a long time. This will lead to the reinstatement. So hang in… I … Continue reading →

Nader – Dinar Guru  …Yesterday article where it says there’s no plan to float the Iraqi dinar.  I disagree with him… they have no choice…The IMF are not gonna let him do that…These people want some money and for them to make … Continue reading →

Tivon – Dinar Guru   Article:  “Al-Sadr asks the judiciary to dissolve the Iraqi parliament and the President of the Republic to set a date for the elections”  Al-Sadr – [I] didn’t hold him in high regard…But as you can see … Continue reading →

Samson – Dinar Guru  Article:  “Iraqi Oil Production Rises To 4.584 Million Barrels Per Day In July“

Clare – Dinar Guru  Article: “Government official: Iraq is not thinking of floating the currency at the moment”   THIS IS A DISINFORMATION PIECE, IMO … THE OFFICIAL IS NOT EVEN NAMED…  “The official, who asked not to be named,“

Sandy Ingram – Dinar Guru  Really good news – Article: “Iraq’s oil  revenues during the first half of 2022 exceeded $60 bln”  The country expects to increase oil exports by 2 million barrels per day in 2023.  Iraq is doing it’s thing when … Continue reading →

Pimpy – Dinar Guru  Could civil war happen [In Iraq]?  It looks like Sadr is pretty serious about what’s going on.   Although he’s not said it outright he has made it perfectly clear that he’s ready to take things to the next … Continue reading →

Kaperoni – Dinar Guru   There is an article that came out today that says Iraq is not planning to float the currency. This title is misleading…When you read the actual article it says that they can’t float the currency without … Continue reading →

Pimpy – Dinar Guru  Article: “Government official:  Iraq is not thinking of floating the currency at the moment”  They’re sure doing a lot of talking about what they want to do with the Iraq dinar.  If I didn’t know any … Continue reading →

Tivon – Dinar Guru  Article: “Government official: Iraq is not thinking of floating the currency at the moment”  The government is not thinking of floating the currency in light of every conceivable reason to do exactly that for the same reasons … Continue reading →

Mountain Goat – Dinar Guru  So, how many times must Iraq tell us that the only entity that has the power to change the currency exchange rate is within the coordination of the CBI and the Finance ministry. The cabinet DOES NOT … Continue reading →

Pimpy – Dinar Guru  All these things about redemption centers and 800 numbers and back screens and people on standby, tier 1 and tier 2 – all of that is bull crap…there’s no redemption centers, there’s no 800 numbers, there’s no … Continue reading →

RVAlready – Dinar Guru  Ignore their politics, focus on the RV.  We were told that, at the end, Iraq would be blowing smoke.  It looks to me like we are converging on the RV. Lots of bullshoot out there trying to convince us … Continue reading →

Samson – Dinar Guru   Article:   “Erbil Municipality announces the paving of streets in the capital with a billion dinars“

Tivon – Dinar Guru  You all will have to be mindful of the fact that you hold currency that some bank tellers will be tempted to confiscate by telling you your money is inauthentic and keep it for themselves and … Continue reading →

Tivon – Dinar Guru  …This type of money is too large for your average bank teller…there really is no reason to deal with them. Once in the bank ask for the manager. Inform him you have IQD and would like to … Continue reading →

Pimpy – Dinar Guru  Article: “Al-Kazemi’s advisor:  The situation in Iraq will not affect the economy”  That’s not true.  That’s not true at all.  The way their laws are set if there’s not a new budget for a year you continue down … Continue reading →

Mountain Goat – Dinar Guru  Issuing the lower denoms has, in part, already been done (250 and 500). The rest is yet to come and will be issued as they increase the exchange rate. I am told this increase will not happen … Continue reading →

Tivon – Dinar Guru   …The CBI does not have to announce that they are Article 8.  The only time we will know that is when we literally see the rate on the Forex.

Pimpy – Dinar Guru  There’s still a stalemate going on but…there was a solution that I think is very interesting put forwardly Sadr.  Article:  “Al-Sadr proposes a “solution” to the political crisis: forming a government devoid of the Sadrists and “Malikis”  … Continue reading →

Jeff – Dinar Investor   Iraq pulled a fast one right under everyone of your noses…per the Central Bank Iraq must have political stability, a formed complete government to revalue the currency.  They’re telling you now they’re going to be rescheduling the elections … Continue reading →

Samson – Dinar Guru  Article: “The protesters continue their sit-in to achieve the demands, most notably the dissolution of Parliament“

MilitiaMan  – Dinar Guru   Question:  “I thought that PM K could dissolve parliament on his own, not needing any vote from Parliament…. Did I misunderstand..?” There was speculation that Kahdimi could use necessary powers to do so. However…there is a likelihood that … Continue reading →

Humble1 – Dinar Guru  Community comment  “They can’t do this on a program rate.”  That is not an accurate statement, as they can do whatever they want inside of Iraq, as the dinar is used inside the country.  What I think you mean … Continue reading →

Humble1 – Dinar Guru   What makes the difference is not the exchange rate compared to other currencies, but the availability of ease of moving money in and out of the country and the ability to easily convert from one currency … Continue reading →

BobTheTaxMan – Dinar Guru   IQD Roundup – It was created during the Iraqi war around 2003.  It replace the previous currency that once had a value of $3.75…it’s managed by the Iraqi government and the CBI…under a managed float with … Continue reading →

Pimpy – Dinar Guru  The political situation is not stable.  You have civil unrest which is not what you want if you’re going to raise your exchange rate.   I’m not saying the exchange rate is not going to change.  If that was the … Continue reading →

Tivon – Dinar Guru   Gradually and internally reducing the USD price in the country until it reaches 1:1 will probably be the marker to reinstate on the international markets. This makes sense to me.  But other alternatives could be at play.  At least … Continue reading →

Sandy Ingram – Dinar Guru    Article:  “Could Iraq slide into civil war?”  Iraq has not be able to form a government and things have gotten worse.  The global news networks are openly asking questions no one wanted to previously talk about…

Mountain Goat – Dinar Guru   Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election process has hit a Guiness … Continue reading →