Author Archives: The Dinar Observer

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…“

Nader – Dinar Guru  We’re waiting for them to vote for the food security…I don’t think the Food Security has something to do with the rate.  It’s nothing.  They’re putting 25 trillion dollars [dinars] to secure the food.  That it.

Militiaman – Dinar Guru  …  I hope they do pass the EFL. The citizens deserve their constitutional rights.  Those that support the coordination frame work would like very much they don’t [pass the law] …  Those that are for the citizens … Continue reading →

Pimpy – Dinar Guru   Article:  “The Iraqi currency reserves are expected to exceed $90 billion by the end of the year”  They are quickly getting up there as far as their reserves are concerned…the more they have in reserves the more … Continue reading →

Mountain Goat – Dinar Guru   We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the … Continue reading →

Militiaman – Dinar Guru  We were told there would be meetings…and apparently they have happened. The timing is all coming together and may even have been done to a degree that suggests we could see more out of the CBI sooner … Continue reading →

Clare – Dinar Guru  Article:  “The new Iranian ambassador to Iraq begins his duties in Baghdad”.    HMMM… A NEW IRANIAN AMBASSADOR! MAYBE THAT WAS KAZEMI’S DOING!

Militiaman – Dinar Guru  Member comment “It looks of it they have an agreement on the food law too Article quote “  Quote ‘Except by changing the tools to be able to interact with the new stage.’  ..Changing the tools.. As in changing … Continue reading →

Pimpy – Dinar Guru   It looks like we might be done with this blockage…  Article “Mishaan Al-Jubouri:  The independents will present Al-Kazemi as a candidate for prime minister, and we believe he will pass”  …Good news IMO…we learned Saleh is most likely … Continue reading →

Pimpy – Dinar Guru  Those two managed to work together to get a lot accomplished…If Iraq can manage to get the President Saleh and the Prime Minister Al-Kazemi back as president and prime minister and they form the new government…if that’s … Continue reading →

Kaperoni – Dinar Guru   I have always hoped that Iraq’s monetary policy would change according to Iraq’s economic development. That they pass the laws necessary to encourage foreign investment, build a thriving private sector, and improve GDP.  We have seen numerous articles … Continue reading →

Militiaman – Dinar Guru  Article:  “Barzani intends to launch an initiative to address the political blockage“  Looks like there is more support for interesting times over the next couple days…

RVAlready – Dinar Guru   …if Sadr cannot get enough independents to elect the president of the republic, he will have parliament dissolved. Either way, there will be a government and an RV by the CBI. This is a win situation for Sadr … Continue reading →

Sandy Ingram – Dinar Guru  Question:  “If…Iraq opens up trading their currency why not fly there to Iraq and exchange with a group…?”  …This …is premature, however we can fly…out of JFK or Miami but no group account.  Everyone would need … Continue reading →

Militiaman – Dinar Guru The process of seating the government and gearing for the 2022 budget is slated for from now through this next week…with what we have witnessed over the past couple years, months and even days, we have never … Continue reading →

Pimpy – Dinar Guru  Article:   “PUK: Barham Saleh is a figure acceptable to the framework and the current”.  Quote:   “The Patriotic Union of Kurdistan announce the acceptance of Saleh for presidency of the Republic by the Coordination Framework and … Continue reading →

Militiaman – Dinar Guru  In my view this one has rate implications. The emergency food support bill is what many countries deem as security issues and interestingly enough, there is a food law being talked about in Iraq and even the UST … Continue reading →

Pimpy – Dinar Guru  It always feels like we’re right on the edge of getting there.  It looks like things are going in the right direction and then there’s always these little hurdles but at at least they’re not going two … Continue reading →

Militiaman – Dinar Guru  Article:  “Saleh and Al-Kazemi confirm support for dialogue in resolving outstanding issues and launching“. A fresh meeting with the President and the Prime Minister today on topics like security, stability solidarity, consolidating ranks and moving towards meeting the … Continue reading →

Militiaman – Dinar Guru  Their peoples entitlements would come from the reforms that have been promised. That sounds like they are gearing for a change in an exchange rate when using the word entitlements. As exchange rate change will be needed to … Continue reading →