Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru    I see that there is so much concern about the latest news about how the CBI is now setting the old dinar rate of 1190 (about 84 cents) to 1450 (about 69 cents). What is the … Continue reading →

Mountain Goat – Dinar Guru   Next, what was more amazing is at the same time the CBI also announced they are doubling the amount of US dollars for circulation. …The CBI is using the principle of supply and demand. …If … Continue reading →

MilitiaMan – Dinar Guru   Article quote:  “…the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021…”   They are preparing a package of measures that will balance the … Continue reading →

Kaperoni – Dinar Guru   …The CBI is trying to maintain stability that is a given but it pertains to the market rate and there are several reasons why stability is important… As for the official CBI rate that rate could go up if … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Lowering the price of the currency .. What are its implications for the national economy?”  The adjustment to 1460 is a devaluation. They are not going into a market economy with that. They didn’t at 1190, so with … Continue reading →

Tman23 – Dinar Guru  Seen the IQD devaluation on ABC news, and to take place after first of the year. Quite frankly, not a surprise or shock due to the fact Shabibi said the change to currency and lifting the 3 … Continue reading →

Dinar Investor – Jeff   Iraq just basically came out saying that the value of the dinar against the dollar has devalued…devaluing the currency, which is reducing purchasing power – it’s a last-ditch effort to squeeze the three zero notes out … Continue reading →

Kaperoni – Dinar Guru  As we watch events unfold the past week in Iraq, it appears that Iraq has decided to finally float the dinar.  Today’s initial devaluation appears to be the first step in this process.  Many asked me if they … Continue reading →

Pimpy – Dinar Guru  Article “Parliament will extend its legislative territory with the arrival of the budget next week”    Quote: “a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the … Continue reading →

RVAlready – Dinar Guru  [Are we till looking forward to Christmas for this to RV]  Looks like still before Christmas. The sooner, the better, I think.

David M. Witty – Dinar Guru   Iraqi Finance Ministry: the economic crisis is caused by a lack of oil imports & years of mismanagement of our economic system. We will raise the exchange rate but only once & ensure it remains … Continue reading →

Pimpy – Dinar Guru   Article:   “Representative economy meets with the governor of the Central Bank”  It looks like they are officially going to change the rate in the wrong direction for us.  They are going to devalue it.  I don’t want … Continue reading →

Mountain Goat – Dinar Guru   The exchange rates of the dollar against the Iraqi dinar in the markets of Baghdad and Kurdistan rose again after witnessing fluctuations during the past days. …The Deputy Speaker of the Iraqi Parliament, Bashir … Continue reading →

Mountain Goat – Dinar Guru   …This speculation is essentially creating its own kind of FREE float using the program rate and not even on FOREX. This is dangerous and just the issues that economists and financial analysts warned us of. This … Continue reading →

Pimpy – Dinar Guru  “The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar”  Don’t be fooled by this…What I think they are trying to do is discourage people from … Continue reading →

Pimpy – Dinar Guru    Article:   “The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar”   We’ve been hearing a lot of talk about the rate change…I kind of think what they … Continue reading →

Dinar Investor – Jeff    Article:   “The Central Bank sets a new price for the dollar starting from Sunday“  A bunch of articles have come out where they’re talking about physically changing the rate this Sunday.  Actually, ‘raising the rate’ … Continue reading →

Pimpy – Dinar Guru  Article:   “The Central Bank is preparing for measures to achieve a balance between the dinar and the dollar”   Even if they do increase the rate what that means is if they increase it – for every … Continue reading →

Adam Montana – Dinar Guru   […There’s continued talk by powerful globalist groups about a possible “Global Reset”…I’m thinking…a Global RESET  COULD mean that all things come out the other end more or less EQUAL – so what could that mean … Continue reading →

Adam Montana – Dinar Guru  The globalist talk about a “reset” has a ton of losers, and it won’t happen. Iraq resetting their value is just one country, with a lot of winners, and not many losers. It’s a tiny event that won’t … Continue reading →

Breitling – Dinar Guru   Here’s what’s interesting.  I want you to understand this.  Especially the pro Trump people.  You know I’m a conservative.  The people that created the Iraqi dinar are hoping that Biden gets in.  That’s Cheney, Bush Jr., Donald … Continue reading →

MilitiaMan – Dinar Guru   Article:  “An economist calls for deleting the three zeros from the dinar to strengthen the local currency.”  Quote: “He added: The monetary mass can become approximately 15 to 25 trillion (billion?) dinars and the value of the … Continue reading →

Delta – Dinar Guru   This is the first time I see coordination between the parliament, the government and the CBI.  For the first time ever you see parliament asking the CBI to delete the 3 zeros and make the currency stronger. We’ve … Continue reading →

Frank26 – Dinar Guru   someone says to me ‘Frank, if Biden is elected president this all goes down the toilet doesn’t it?”  As far as the Iraqi dinar monetary reform goes that belongs to Iraq and Iraq is a sovereign country.  … Continue reading →

Mountain Goat – Dinar Guru    Article:  “IRAQI GOVERNMENT SETS NEW DATE FOR DEBATE ON 2021 BUDGET BILL”  Quote:  “He added that the government is continuing to hold elections on time.”   We need to all pray that the CBI moves ahead, as … Continue reading →

Dinar Investor – Jeff    Article: “Al-Karraji Demands The Central Bank To Adopt A Real Rate Of The Iraqi Dinar“.

Delta – Dinar Guru   …Huge information came out…the Bank of International Settlement in Switzerland is the hub of central banks…to do a contract with them is very telling for the CBI…they are moving forward to keep going with a plan.  It’s … Continue reading →

Mountain Goat – Dinar Guru   NO ONE SHOULD QUESTION THE VALUE OF THE DINAR. But there is a difference between VALUE and RATE. …Like our president has said many times that currencies are not fairly given RATES to reflect their … Continue reading →

Mountain Goat – Dinar Guru  …the IMF for Iraq established these currency auctions to get them over the hump from the 10 year embargo and…another attack on the country n 2003…So now they have gotten so corrupt they can’t get off … Continue reading →

Dinar Investor – Jeff  …there’s only one thing on the table that has a direct requirement for the rate change.  It’s the payments of the reforms.  The reform payments require the rate change.   Before they can make a payment Iraq’s currency has … Continue reading →