Author Archives: The Dinar Observer
Pimpy
Pimpy – Dinar Guru RV/revlue – assess the value of something again. Adjust the value of a currency in relation to other currencies. So a revaluation is just changing the value of the currency. That’s all it is…anytime they change the value … Continue reading
Samson
Samson – Dinar Guru Article: “After exiting the seventh chapter… Al-Kazemi tweets: A new beginning for Iraq to restore its role and presence” Al-Kazemi said in a tweet, “Iraq has crowned its efforts on the path of normal relations with its … Continue reading
Clare
Clare – Dinar Guru Article: “The Minister of Foreign Affairs announces Iraq’s exit from Chapter VII procedures“. Quote: “Iraq is no longer required to pay any additional sums of money in the future or deal with Chapter VII procedures.“
Pimpy
Pimpy – Dinar Guru Article “A new drop in the dollar in Baghdad…and exchange offices: the currency market is turbulent” Here we go…What they’re saying is the U.S. Dollar is dropping in value against the dinar…the changes are…not huge but … Continue reading
Sandy
Sandy – Dinar Guru Article: “Iraq’s Supreme Court Rules Against KRG oil Independence” The FSC (Federal Supreme Court) surprised everyone last week by giving 4 major verdicts on long-standing legal disputes between Baghdad and Erbil…ruled that Kurdistan regional government’s independent … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru We…witnessed in this news period that the House of Representatives set a date for a meeting with the Minister of Finance and the Governor of the Central Bank in order to discuss the dollar exchange rate. Yes, … Continue reading
Kaperoni
Kaperoni – Dinar Guru The central bank governor made it clear this weekend they are in charge of monetary policy and the dinar exchange rate, not politicians or political blocs…What is so amazing is how Iraq in so many ways … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article quote: “The decision to reduce the dollar exchange rate in the local markets is exclusively in the hands of the Central Bank of Iraq, according to the law, and no one may act on it … Continue reading
Pimpy
Pimpy – Dinar Guru There are still restrictions on the currency…Iraqi dinar. Remember they just finished paying off Kuwait… They officially announced it. We have not heard any more chatter about chapter VII and we know they’re still on the blacklist in … Continue reading
Samson
Samson – Dinar Guru Article: “Vietnam new Asian tiger: Business Times” Quote: “Once among the poorest countries in the world, its economy is now booming and the World Bank describes it as one of the most dynamic and emerging countries in … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Al-Maliki comments on the dollar crisis and directs a request to the Central Bank of Iraq” The Coordination Framework is really pressing for a rate change. They’re really kissing butt to the poor people. Why is that … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “After the unexpected position of the Minister of Finance, an economist expects different scenarios for the dollar crisis” Quote: “people should dispense with their “dollar” savings and transfer them to the Iraqi dinar.” …they are … Continue reading
Pimpy
Pimpy – Dinar Guru Tons and tons of chatter about the exchange rate…over the last two days it has been non-stop news about the Iraqi dinar exchange rate. I know you guys are looking for an RI or an RV… What … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “IRAQ’S FOREIGN RESERVES ARE A TREASURE IN A RUINED HOUSE” Ok, so we finally get the truth. This is translated to USD $91 billion. Didn’t the fake Iraqi news media just tell us earlier…it was only … Continue reading
Pimpy
Pimpy – Dinar Guru There are tons and tons of articles…about the exchange rate. They want accountability. They want to know what’s going on. They want to know why it is that oil prices have been shooting up but the dinar rate still … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru The dissolution of the committee with the UNSC on Chapter VII is slated for finality on 02/22/2022.. I suspect the IMF will make the decision to accept the new exchange rate and re instate the IQD to … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff The reforms are waiting on the formation of the government and the next reform step is the rate change. Basically everything’s waiting on the formation of that government and then we can all get blessed with our rate change.
Nader
Nader – Dinar Guru We don’t want it like that. We wanted at least 1 to 1. We don’t want it on 125 or 144. We don’t give a damn about that. Seriously we don’t give a damn. You know we’re … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Baghdad markets are closed due to the decline in dollar exchange rate” That’s interesting. Quote: “The exchange rate of the dollar fell against Iraqi dinar.” That’s what you want – the dollar to go down against the … Continue reading
Pimpy
Pimpy – Dinar Guru Dinar rate change talk as usual. Remember Sadr when he campaigned he said he was going to do something about the exchange rate. Now having said that, calm down. We don’t know what it means. There’s people out … Continue reading
Militiaman
Militiaman – Dinar Guru The need to keep things under wraps for the project [to delete the zeros] is very important. Evidence…not seen doesn’t mean there is none to be seen. It just may mean it is and rightfully so, not to be … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “AN ECONOMIST CRITICIZES THE PERSISTENCE OF DOLLAR PRICES AT THEIR CURRENT STATUS” By Wednesday of this week oil was as high as USD$95.
Samson
Samson – Dinar Guru Article: “Rejecting his invitation to Parliament by Al-Sadr…The Minister of Finance sends a letter to the Prime Minister” [The Minister of Finance is not going to Parliament to discuss the exchange rate.]
Militiaman
Militiaman – Dinar Guru Article: “After al-Sadr’s tweet, the Iraqi parliament summons the Minister of Finance and the Governor of the Central Bank” I’ll bet there is nothing in the world now that is going to stop this Man, Sadr. He has been on … Continue reading
Pimpy
Pimpy – Dinar Guru Article: “Al-Kazemi’s advisor: It is time to address the side effects of changing the exchange rate” What do you think it means Pimpy? I think it means exactly what it says. They’re going to address the exchange rate. I know … Continue reading
Dinar Investor – Jeff
Dinar Investor – Jeff The Central Bank is telling us at this time especially through the fact that they’re working on doing a three-year budget, the reforms, everything else that they are on track to revalue the currency. We do know they have … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru …The Kurds apparently have been tapping the oil kegs to the tune of up to $65.00 a barrel and for years and years on end…Sadr wants the HCL applied by the Federal courts decision… Well, the … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “IRAQ EMBARKS ON DIGITAL TRANSFORMATION AT ITIEX INTERNATIONAL” We have known since 2011 that part of the banking reforms was to digitize the banking system and bring technology to point of sale out to the … Continue reading
Jeff
Dinar Investor – Jeff Article: “Deputy Speaker of Iraqi Parliament to New York to participate in a United Nations Session” Iraq…in June 2013 got out of Chapter VII sanctions and they went into Chapter VI…with the remaining money owed to … Continue reading
MilitiaMan
MilitiaMan – Dinar Guru Article: “Mazhar Muhammad Salih talks about the dollar exchange rate in the general budget” He knows the process…IMO. Quote: “fact of the move to raise the dollar exchange rate and fix it” Then drop the three 000’s IMO.