Author Archives: The Dinar Observer

Delta – Dinar Guru  …this is what the media is telling everybody in Iraq right now…they’re about to come out with a new exchange rates…they’re going to implement the financial reforms and currency reforms and they’re going to change the exchange … Continue reading →

MilitiaMan – Dinar Guru   Article: “The government is preparing to issue a new reform package mid this week”   Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since … Continue reading →

Delta – Dinar Guru  …everybody knows I watch…the Iraqi channel.  I speak the language.  That’s old news for you…there was this information coming up from Iraq channels and the Central Bank of Iraq they’re coming out with new rates and … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Political movement to choose a foreign minister before the strategic dialogue with Washington”   Quote:  “Prime Minister Mustafa Al-Kazemi wants to complete the vacant ministries as soon as possible, indicating that the delay is due to … Continue reading →

Mountain Goat – Dinar Guru   I am still hearing from the CBI that they fully intend to complete the project to delete the zeros and do it much sooner than later. But I have no official article or announcements yet from … Continue reading →

Pimpy – Dinar Guru  …There’s a lot of things happening in Iraq that I can’t help to think to myself I’m not sure how they’re gonna do these things or how any of these are gonna be possible without having a … Continue reading →

Kaperoni – Dinar Guru   As for the dinar’s value, it is not at a program rate.  That is guru’s taking a directive from the IMF and misrepresenting that meaning.  The dinar exchange rate is it’s real rate… The currency is already an … Continue reading →

MilitiaMan – Dinar Guru    Article:  “The government is preparing to issue a new reform package mid this week”  Wednesday there is to be meetings on the Laws needed for many things that include Laws for Monetary Reforms. I suspect that since they … Continue reading →

Mountain Goat – Dinar Guru    Article:  “THE NATIONAL:  SENIOR IRAQI OFFICIAL LAYS OUT JUST HOW BAD IS COUNTRY’S FINANCES”    So again we hear news about the necessity for Iraq to bring in investors and move to a private sector … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Al-Nusairi: Iraqi-Gulf economic ties are a step in the right direction for Iraq to return to its Arab depth”   They have been vocal in recent past per [Guru] Delta (iho) that they have opened the … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Newspaper: Iraqi-American negotiations will start on June 10”  I have a strong feeling they will need to have things sorted MR [Monetary Reform ?] wise prior to the meeting beginning on the 10th. They have a minster … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The Stock Exchange announces postponing its sessions until next week”   Fascinating they kicked the can down the road again… Allows for any necessary adjustments that may come their way? lol Yep, imo… With the CBIESD site still showing … Continue reading →

Dinar Investor – Jeff  …this is my opinion.  Nothing more.  I’m strongly looking to the second half of June for a financial blessing and for Iraq to go international…

MilitiaMan – Dinar Guru  Article:  “A Kurdish deputy calls on the Minister of Finance to take steps to stop manipulating Iraqi imports from Zakho to Basra”   another gem talking about implementing radical financial reforms… Radical as in the removal of three … Continue reading →

Mountain Goat – Dinar Guru   …Today’s news continues with the saga of Iraq and its inability to meet the June salaries… So far we see the solution for May and June’s salaries was the borrowing from within the banks … Continue reading →

MilitiaMan – Dinar Guru   Article:  “What does it mean to reduce the Iraqi dinar price against the dollar? .. An economist answers”   Gotta love the education they are doing. The explanation of the choices both good and bad..They will … Continue reading →

Mountain Goat – Dinar Guru   “IRAQ STOCK EXCHANGE ANNOUNCED, ON SUNDAY, THAT ITS FIRST SESSION WILL BE ON SUNDAY, MAY 31“  Does this article say anything about being traded on NASDAC?- NO! Does the ISX need an increase in a rate? – NO!  Does … Continue reading →

Kaperoni – Dinar Guru   Once again, if the dinar is ever going to appreciate it will as a result of success of the economy.  Iraq needs stability, laws, and to open the private sector.  Only then will the CBI float … Continue reading →

Adam Montana – Dinar Guru  The fact that Oil is returning to normal and sustainable price levels…well, that’s just gravy.    One other component I think we need to keep on the radar is still the HCL. While we are seeing a lot … Continue reading →

Adam Montana – Dinar Guru  The recent Iran-Turkey pipeline incident, courtesy of the PKK (Kurds), is certainly going to have an affect… particularly since Turkey seems to not want anything to do with fixing it. This incident hurts Iran more than anyone, … Continue reading →

Mountain Goat – Dinar Guru   Article:  “THE HOUSE OF REPRESENTATIVES AND BY AN ABSOLUTE MAJORITY TO GIVE CONFIDENCE TO THE PRIME MINISTER AND MEMBERS OF THE MINISTERS AND THEIR SWEARING-IN”  the three most important are now filled and not by proxy … Continue reading →

Adam Montana – Dinar Guru    Lots of talk lately about the new PM (KaZAMi-Kablammie-Kademi-KaJustRValready!), exchange rate talk, the US pulling out of Iraqi bases, and of course – “more”.  There was a time when there wasn’t much “more”, but lately … Continue reading →

Adam Montana – Dinar Guru   A key part of the “more” is the Iraqi Budget, which is looming on the horizon. The Budget is a big deal, but do NOT expect to see an RV rate in it – in fact, … Continue reading →

Mountain Goat – Dinar Guru    I quote- “It is not in the interest of the financial system to raise the exchange rate of the dollar because it will lead to a decrease in the Iraqi dinar price and a … Continue reading →

Dinar Investor – Jeff  …There’s really only 3 things in the news right now.  The first would be Kurdistan and Baghdad to resolve their differences.  The 2nd one would be the completing of the government – the last 7 remaining ministers … Continue reading →

Mountain Goat – Dinar Guru   So, we see in today’s news yet more arguments about whether to float the dinar or not. Floating the dinar is bad, but ONLY if floating is kept on the program rate and not reinstated for global … Continue reading →

Mountain Goat – Dinar Guru   …We know for a FACT that if they had already accomplished this event back in 2013 or sooner…they might not be this financial mess they are in…reinstating their currency on FOREX is the cure all … Continue reading →

Delta – Dinar Guru   …great information from the Financial Minister.  In his tweet he’s talking about they’re tying to get Iraq back to the financial status internationally.  Guess what happened?  He just have [gave] an executive order and he ordered the Central … Continue reading →

MilitiaMan – Dinar Guru  What it looks like is there was a notice given on the 19th. Then, moving along from that, banks are closed and a holiday ensues for five days to mark Eid Al-Fitr a time of giving. The … Continue reading →

Kaperoni – Dinar Guru  …Before Iraq in the CBI can transition to Article VIII they must submit a request to the IMF for approval considering they are not in compliance currently…Unlikely would it be approved…the IMF has a status for … Continue reading →