Author Archives: The Dinar Observer

Pimpy – Dinar Guru  Quote: “Iraq’s significant reliance on oil makes it vulnerable to fluctuations in commodity prices…”  This is the one thing I was talking about…If you are 90% relying on oil sales to give you the money needed to run your … Continue reading →

Clare – Dinar Guru  Article:  “Unprecedented decline: The dollar closes at 138,800 for the first time in months.”  Quote:  “The Iraqi Stock Exchange recorded an unprecedented decline in the exchange rate of the dollar against the dinar, closing at 138,800 dinars … Continue reading →

Fnu Lnu – Dinar Guru   Training is not going well according to my sources in Singapore. Uptake is slow and cohesion is in short supply. The Iraqi teams are resistant to the new methodologies. To be blunt, Iraq is being dragged, kicking and screaming, … Continue reading →

Clare – Dinar Guru   Article:  “Secret meeting in Istanbul: Washington threatens new financial sanctions on Iraq”  Quote: “An unannounced meeting was held in Istanbul in recent days, bringing…the US Federal Reserve and a high-ranking delegation from the Central Bank of Iraq…The meeting … Continue reading →

Clare – Dinar Guru  Article: “A source told Baghdad Today: Nouri al-Maliki is in good health, and the rumors are based on an official threatened with dismissal.” Quote: “A source close to the leader of the State of Law Coalition confirmed … Continue reading →

Pimpy – Dinar Guru   Question: “Can you explain…the whole thing about the IQD is now paired on Forex?”  The IQD has been on the Forex before.  It’s still paired.  They’re not actively trading or doing anything under Forex.  They’re already set up.  They … Continue reading →

Clare – Dinar Guru  Article:  “Meeting in Istanbul reveals new US sanctions on Iraq over Iranian arms financing”  Quote:  “A private source revealed to Al-Mustaqilla on Friday that a secret meeting was held…between an Iraqi delegation and the assistant to the … Continue reading →

Clare – Dinar Guru   Article:   “After opening higher, the dollar fell in Erbil and Baghdad at the start of the week’s closing.”  Quote: “The dollar price fell in markets in Baghdad and Erbil…recording 139,200 Iraqi dinars for every $100, while … Continue reading →

Militia Man – Dinar Guru  There’s a push to go digital.  It’s time to dry the dollar up.  The process has been underway for many months now…The US stopped shipments quite a while ago.  Iraq is not going to need dollars … Continue reading →

Samson – Dinar Guru Article “The US has stopped sending cash dollars to Iraq. Is this the beginning of a blockade?”  Quote “Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq…”

Samson – Dinar Guru   Article:  “The Minister of Finance reassures Parliament: The government is seeking to submit the budget schedules as soon as possible.“

Clare – Dinar Guru  CBI Announcement:  “Tender announcement for the supply, installation and operation of Iraqi and foreign currency counting and sorting machines”  Quote: “The Central Bank of Iraq announces the re-announcement of the public tender numbered (2025/1) which has been repeated for the … Continue reading →

Sandy Ingram – Dinar Guru  An unbelievable event happened in Iraq.  Article: “Iran-backed Iraqi militias consider disarming amid threats from Trump administration”  Fighters who have carried weapons for decades cast them into the fire in the name of peace…The Untied States wants Iraq … Continue reading →

Samson – Dinar Guru  Article: “Tender announcement for the supply, installation and operation of Iraqi and foreign currency counting and sorting machines“

Militia Man – Dinar Guru   We can see all the different things Iraq has done.  They have all new systems in place…You’ve got e-government systems, all the electronic payment systems, the key cards, the national cards, all of that.  You see all of those … Continue reading →

Clare – Dinar Guru  Article:  “The dollar exchange rate fell in Baghdad markets on Monday morning”  Quote: “the purchase price was 138,750 dinars for $100.”   [Dinar Guru Note:  That’s 1387.5 to 1]

Mountain Goat – Dinar Guru   There will NEVER…EVER be two different IQD rates…To conduct the Project to Delete the Zeros the CBI will make a very significant rate change close to a dollar either way. Then later when the dinar does … Continue reading →

Clare – Dinar Guru  Article: “For the third consecutive month, the Central Bank of Iraq saw a significant decline in dollar sales“

Militia Man – Dinar Guru  Article quote: “…direct channel linking importers with American products and in turn enable American investors to enter the Iraqi Market.”  So one of the largest economies in the world is going to join and partnership with Iraq?  Really?  … Continue reading →

Sandy Ingram – Dinar Guru  Some investors believe if Iraq is accepted under Article VIII of the IMF agreement the dinar could gain more value.  Also if Iraq continues to limit the black market and strengthen official exchange channels it could boost investor … Continue reading →

Samson – Dinar Guru  Article:  “American magazine: Iraq quietly re-enters international trade“

Clare – Dinar Guru  Article:  “The Federal Court postpones consideration of the Kurdistan employees’ salaries lawsuit until July 28“

Militia Man – Dinar Guru   Article quote:  “Federal Court postpones consideration of the claims of salaries for the Kurdistan employees to July 28th“. We were expecting Monday July 14th to be a day where they were going to see a court … Continue reading →

Mountain Goat – Dinar Guru   Statements made by the US State Department…urged Baghdad and Erbil to resolve their disputes through constructive dialogue. She emphasized that settling the Kurdistan Region’s salary issue would demonstrate Iraq’s commitment to a stable investment climate, while … Continue reading →

Militia Man – Dinar Guru   Article quote:   “…The policies of the United States Federal Reserve still casts a shadow over market activity and could lead to potential changes towards an increase in the exchange rate in the future.  Any external escalation or sudden challenges … Continue reading →

Sandy Ingram – Dinar Guru  Iraq is not sweating the new 30% US tariffs because their main export, oil, isn’t affected.  It’s like they got a get out of jail free card for their $4.5 billion annual oil trade…

Pimpy – Dinar Guru   There’s been a lot of talk about the tariffs and the fact that Iraq has 30% tariffs slapped on it.  What does that mean for the Iraq economy?  What does that means for the Iraqi dinar? …It doesn’t mean a … Continue reading →

Clare – Dinar Guru  Article:   “The Central Bank of Syria “ignores” the Iraqi dinar from its exchange rate bulletin.”  Quote:  “According to a document monitored by Baghdad Today, “The exchange rate of the Syrian pound against foreign currencies, according to the official … Continue reading →

Militia Man – Dinar Guru  [Today] is going to be a big day.  You have the Fed now [Today] and you have the court case with…the Finance Minister and Sudani in the Federal Supreme Court, the FSC.

Militia Man – Dinar Guru   Article   “Iraq increased their gold reserves to over 145 tons”  That’s a report from the World Gold Council…That’s a lot of gold…Remember for valuation of currencies they take into consideration what you have in assets in gold…