Author Archives: The Dinar Observer
Breitling
Breitling – Dinar Guru Question: “When Iraq puts value on its currency will it start out at .40 cents, .50 cents? I’ve heard they want to get it to a dollar.” That’s exactly what they want to do. At a minimum they … Continue reading
Kaperoni
Kaperoni – Dinar Guru …The dinar has value. It is not a lottery ticket therefore it is not worthless. Hopefully with the success of their economy they will raise the value but it’s going to be overtime.
Pimpy
Pimpy – Dinar Guru Article: “For the second day, the dollar exchange rate fell” That’s right the dollar is losing ground on Iraqi dinar but it’s not like it’s huge leaps and bounds. They’re very small but the dollar is becoming weaker … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “AL-KAZEMI’S FINANCIAL ADVISOR TALKS ABOUT CHANGING THE EXCHANGE RATE” …this article does not tell us what they mean by changing the exchange rate. Could this mean back to the pre-devaluation program rate or the RV … Continue reading
Pimpy
Pimpy – Dinar Guru I’m not saying that an RI or an RV won’t be announced. I’m saying that it makes more sense to me they’re going to let it go up in increments. In fact it says something similar in here. … Continue reading
Kaperoni
Kaperoni – Dinar Guru So what are we waiting for? That is a question that everyone asks. The truth is… Iraq was devastated in the war and their infrastructure was completely demolished. This is a complete rebuild from the ground … Continue reading
Kaperoni
Kaperoni – Dinar Guru It is a huge undertaking. And like I said numerous times, until Iraq’s economy prospers the Iraqi dinar will not go up in value. So we need the newly-elected parliamentary members to be sworn in and … Continue reading
Breitling
Breitling – Dinar Guru Question: “Is it a fact that Iraq has lower notes in their banks?” No…unless the CBI talks about it or one of the banks in Iraq talking about it why would you even contemplate it?
Vital Brad
Vital Brad – Dinar Guru Article: “Iraqi banks get a rating from international agencies” Article quote: “19 licensed banks in Iraq have obtained a rating from the accredited International rating of agencies – Capital Intelligence, Fitch, Moody’s Standard and Poor…” Wow! Article … Continue reading
Kaperoni
Kaperoni – Dinar Guru Raising the value of the Iraqi dinar is not an arbitrary event it is a tool used to counter inflation created by economic growth, success and a influx of capital in Iraq’s economy. Until Iraq passes laws, and … Continue reading
Pimpy
Pimpy – Dinar Guru Yes, that’s right there’s talk of an exchange rate change and that’s got the big-what-to-do going around the dinar community… Article: “After the rise in oil, expert reveals the possibility of reducing the dollar exchange rate with this … Continue reading
Pimpy
Pimpy – Dinar Guru Quote: “an economic expert revealed on Wednesday the possibility of returning the dollar exchange rate to its previous era…” When they say era I think they’re talking about where it was prior to this last move. Instead … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru …Changes are coming and these changes we will like. This is when we will get the reinstatement…
Holly
Holly – Dinar Guru I am going to say very little. We are close. Do not fret the hour or the day. Do not question all the details. Know it is happening and underway…
Pimpy
Pimpy – Dinar Guru There’s a lot of people expecting this RV announcement or an RI announcement and I’m not saying that’s not going to happen but I’m saying the most likely scenario is we just pay attention to what’s going on … Continue reading
Pimpy
Pimpy – Dinar Guru {Election} It’s looking good. There are some discrepancies but hopefully nothing major. Let’s hope that all the right people we want to see get in office get in there because we want to see them raise the exchange rate … Continue reading
President Saleh: The end of the elections is a starting point for the desired reform
President Saleh: The end of the elections is a starting point for the desired reform Baghdad – The President of the Republic, Barham Salih, stressed, on Sunday, that the completion of the elections is a starting point towards the reform … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “MR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH. WE WILL FIGHT THE CORRUPT BY LAWMR. AL-SADR: TO RESTORE IRAQ’S PRESTIGE AND STRENGTH.. WE WILL FIGHT THE CORRUPT BY LAW” Okay, so now we have the support … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “The Cabinet Secretariat approves the mechanisms for lending large projects” If this article is suggesting they have an approved mechanism (as an example that a Dinar is equal to a Dollar), then they did a good … Continue reading
Claire
Claire – Dinar Guru Article: “The International Monetary expects significant growth in the Iraqi economy and a decline in inflation in 2022” Quote: “the gross domestic product is expected to grow significantly, outperforming all oil-producing countries, to reach 10.5 percent…
Pimpy
Pimpy – Dinar Guru Article: “New Instructions for buying and selling foreign currency for the year 2021 and the stability of the dinar exchange rate” This is the one everybody’s talking about…the wording in here is a little eye-catching…what I … Continue reading
Desert Advisor
Desert Advisor – Dinar Guru A few weeks ago it was announced by one of the representatives about the price of oil. Quote: “Representative Al Nassif called on the Minister of Finance to reduce the exchange rate of the dollar after … Continue reading
Kaperoni
Kaperoni – Dinar Guru Al- Sadr made a statement …in the media after winning the largest Bloc that “We will work to raise the iraqi dinar to be in the ranks of global currencies gradually.” In other words there is no overnight … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru The Central Bank of Iraq (CBI) in coordination with the Finance Ministry will decide when the RV happens not some election cycle. They will do it based on sound economic and financial policies…First, we need to … Continue reading
Pimpy
Pimpy – Dinar Guru Looks like some exciting news … The Sadr movement made some great achievements in the elections…they now control the parliament and this man is making a commitment that’s catching the buzz around the dinar community…there’s big talk … Continue reading
RVAlready
RVAlready – Dinar Guru …The RV is in the hands of the CBI. The RV should be done by a month from now…Independent of the election, etc, etc…They do not need a new government to do the RV. They need a … Continue reading
Claire
Claire – Dinar Guru SO IN A TELEVISED SPEECH TODAY SADR SAYS THIS: “We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually,” Great news indeed. Now time to put it in action…
Mountain Goat
Mountain Goat – Dinar Guru So now the election is over. Al-Sadr party won the majority of election seats… he supports implementing the White Paper…and Al-Kazemi will most likely be the candidate that Sadr will chose and it will be official … Continue reading
Samson
Samson – Dinar Guru “Al-Sadr: We will work to raise the level of the Iraqi dinar“. Quote: “he pledged, We will work to raise the Iraqi dinar to be in the ranks of global currencies gradually,“…
Pimpy
Pimpy – Dinar Guru Here’s what everybody’s talking about. Article: “Al-Sadr: We will work to raise the level of the Iraqi dinar” On Monday Sadr himself said they’re going to work to improve and raise the level of the Iraqi dinar to be … Continue reading