Author Archives: The Dinar Observer

MilitiaMan – Dinar Guru   …”According to the information, the salaries of employees and the region’s share in the budget law will be launched by the Federal Ministry of Finance after the Eid al-Fitr holiday.”  They told us the mechanism was agreed … Continue reading →

Mountain Goat – Dinar Guru  Article:  ” China agreement with Iraq will be activated soon, while noting that the annual volume of exchange between the two countries has reached 30 billion dollars.”  this is very important as China needs the Iraqi … Continue reading →

Petra – Dinar Guru  They came out with some matrix that I was frankly kind of surprised.  They said 99% of the citizens in Iraq now have cellphones.  That’s massive.  And over 75% of them are connected to the internet.  Put that … Continue reading →

Kaperoni – Dinar Guru   If the Iraqi dinar is ever going to appreciate in value it will be as the IMF says…”a predictable and gradual appreciation.”…

MilitiaMan – Dinar Guru  There is a clear and concise move to digitalization for Iraq and the region. We saw the like of 200 Senior officials from banks and Central Banks around the world with the BUNA conference on the sixth of … Continue reading →

MilitiaMan – Dinar Guru  Keep in mind those that have a need to know of what to expect from the level playing field will be there. They…know now that Iraq is open for business. The recent NIC platform from the GOI told … Continue reading →

Petra – Dinar Guru  Remember, the dinar is still at a PR (sanctioned) rate.  Even though they have been given a clear approval to move forward by the IMF/WB/UST they still are under the old rate.  And because of that, they CANNOT … Continue reading →

Mountain Goat – Dinar Guru   …I can tell everyone with complete and utmost assurance that there is NOT going to be an RV anytime soon unless the CBI announces going ahead with the project to delete the zeros. They have … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Saleh assures the Saudi delegation the importance of strengthening bilateral relations and the role of Iraq in consolidating the security of the region”   This is a big deal and it looks like they have agreed on … Continue reading →

MilitiaMan – Dinar Guru  More interest in the dinar in relationship to the stock exchange is very heavy.  I think that’s an indicator that investors around the world are getting excited and having to put money where their mouth is.  The country … Continue reading →

Pimpy – Dinar Guru  The people in Iraq rising up going after the politician Maliki who is backed by Iran – that to me is good. The fact that oil prices are up is great.  The fact that the deficit is … Continue reading →

Petra – Dinar Guru  Article:  “The government will provide all conditions for the success of investment in Iraq”  What does that mean?  In order to have success with investment you have to have a tradable currency.  You’ve got to have mechanisms by … Continue reading →

Mountain Goat – Dinar Guru  My contact in the CBI told me that late week that leading political figures along with the IMF met with the Central Bank to plan out how to conduct the project to delete the zeros. So, we know they … Continue reading →

MilitiaMan – Dinar Guru  Article:  “The Parliamentary Finance Committee revealed, on Tuesday, a Kurdish delegation’s visit to Baghdad .”  Quote:  “The mission of the delegation that will visit Baghdad is to agree on the mechanism for implementing Article 11 of the Federal Budget Law.“  … Continue reading →

Pimpy – Dinar Guru  Article: “Biden extends the “state of emergency” in Iraq and Syria for another year”  What does that mean?  That’s Biden’s way of saying to the international community, ‘Be careful going into Iraq .  I wouldn’t invest there.  It’s … Continue reading →

MilitiaMan – Dinar Guru   Article: “Al-Kazemi refers to an “unprecedented” security coordination between Baghdad and Erbil: it will curb terrorist attacks”  Quote:  “Baghdad is now in the final stage of approving and distributing the budget sections, and Kurdistan’s share will soon … Continue reading →

Petra – Dinar Guru   We have the BUNA activity on the 6th.  We now have the ISX closing until the 23rd.  That is a Sunday.  That is the first opportunity for trading after ‘clearing the books’, the first opportunity if the … Continue reading →

Mountain Goat – Dinar Guru  Remember a year ago when politicians came forward and told us that they could not do the “project to delete the zeros” because of the issue of funding the project. Of course, back then we didn’t … Continue reading →

MilitiaMan – Dinar Guru  Lets see if they iron out the kinks this week. The Government bears the responsibility in paying dues, yet, lets see what do, as they have a political agreement to sort things out. Even the pressure from … Continue reading →

MilitiaMan – Dinar Guru  The ISX clearing is very important because it  ‘closes out the books’  clearing all trade and doing it at a time frame where they have a convergence…They closed the stock exchange on the 10th and it’s not … Continue reading →

Petra – Dinar Guru  We are seeing a formation.  I think we’re driving toward a point where this thing is coming to fruition…This whole meeting [BIS and PTB] was about the imminent launch of Iraq on the BUNA platform.  It was … Continue reading →

Mountain Goat – Dinar Guru   Iraq is filthy rich…If they could only get the political scene straightened and get rid of the corruption that is stealing their wealth, the nation of Iraq could flourish to unbelievable heights. We read this period of … Continue reading →

Frank26 – Dinar Guru  They are going to raise the value of their currency…articles are casting a shadow of the evidence that they’re raising the value of their currency and that’s all there is to it.  I know you want … Continue reading →

Pimpy – Dinar Guru   Article:   “The government succeeded in filling the deficit gap and facing the recession within a year”  That is great news.  The deficit is being taken care of. Thank goodness for higher oil prices…remember I told you guys we … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Ports call for accelerating electronic transformation”   This has been a work in progress for years. They have not just started this. They have been hard at this for many years. Now it is effectively go … Continue reading →

MilitiaMan – Dinar Guru   It is very clear they are gearing to interlink globally via land, sea and air…All borders, ports and airports will have codes for all goods. A requirement for Article 8 and or WTO ascension. imo ~ … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE GOVERNOR OF THE CENTRAL BANK DETERMINES THE STEPS FOR DEVELOPING THE FINANCIAL AND BANKING SECTOR”  Quote:  “He also urged banks to digitally transform the services provided by opening accounts remotely, and using applications … Continue reading →

MilitiaMan – Dinar Guru  Article:  “THE ARAB MONETARY FUND (AMF) HOLDS A VIRTUAL WORKSHOP TO DISCUSS BUNA’S COMPLIANCE STANDARDS AND INFORMATION SECURITY CERTIFICATION”  …The country of Iraq is going smart tech now. Just as the borders are too. They are now already … Continue reading →

Petra – Dinar Guru   Article: “Ziad Khalaf: The Iraqi Summit For Digital Transformation Is A Gateway To The Country’s Development”  This is key: “the direct cooperation between the Central Bank of Iraq and the providers of electronic lift services has contributed to … Continue reading →

Pimpy – Dinar Guru   We already know they’re implementing their white papers.  We already know they’re underway into this new budget.  I know there’s supposed to be some amendments but you got one group saying that’s not going to be amended, … Continue reading →