Author Archives: The Dinar Observer

Mountain Goat – Dinar Guru   I hope everyone understands now that we were told in an article by parliament that the “Financial Management Law” (or the “Law of Financial Administration” as is also called) is the parliamentary law, or the vehicle, to … Continue reading →

Mountain Goat – Dinar Guru   Article:  “DIRECTOR GENERAL OF THE CENTRAL BANK EXPLAINS FUTURE PROGRESS OF REFORMING THE IRAQI DINAR”   This is HUGE! Very good news! This is a WOW article andis once again telling us the project to delete … Continue reading →

Delta – Dinar Guru   Article: “Stop issuing card “Key Card” and replace it with “Master Card Rafidain” Quote: “Key Card” issued in the past will be replaced by the new issue of cards, “Master Card Rafidain” within a timetable.” WE WERE … Continue reading →

Mountain Goat – Dinar Guru     We have seen the evidence of this recently with the smaller category 50 dinar being reintroduced.  I am told to watch for the 100 dinar notes as this will be a sign that the reinstatement is … Continue reading →

Mountain Goat – Dinar Guru    So we know we were waiting for the “Financial Administration law” to be passed in parliament. Is it now passed? Some say it is done but I have not see any articles on it. I called … Continue reading →

Adam Montana – Dinar Guru   Iraq is not specifically included or excluded from it, despite the founding information you can see above, and they are in prime position (GOLDEN OPPORTUNITY) to monetize their place in the deal.  I don’t know what … Continue reading →

Adam Montana – Dinar Guru   Article:  “Parliamentary Economy: Iraq has a golden opportunity to increase its oil production”  Last week, I was expecting a particular bit of news out of Iraq, based on conversations with my personal contacts.  This isn’t … Continue reading →

G-Lin – Dinar Guru   Article:  “Parliament will resume its meetings on the 11th of June”   Quote:  “The presidency of the Council attributed to the resumption of meetings of the Council after the Eid, on Tuesday, June 11, 2019.”

MilitiaMan – Dinar Guru    With the FML Amendment being passed on or around May 22 of this month tells me that they have a time clock on things now per the Constitution requirements. The President is to or has signed … Continue reading →

Delta – Dinar Guru   Report:  “Currency and Price Stability”   […so this is saying that IF the dinar was international, the rate would be somewhere in the $1.71 to $2+?.]  IN 2017  [the dinar] WAS WORTH 1.71 BUT NOW IT SHOULD BE … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Daily rates of the exchange rate of the Iraqi dinar against the US dollar in the markets of Iraq”  More direct data that once the rate changes, the spread sheet can be updated and reported accordingly in … Continue reading →

MilitiaMan – Dinar Guru    Article:  “The Iraqi Central Bank is preparing to open up to the world”    Quote:  “…the implementation of this survey comes as a result of the spread of this profession, which is due to the private sector taking … Continue reading →

Mountain Goat – Dinar Guru   Article:  “SIEMENS HAS STARTED WORK ON CONTRACTS FOR THE FIRST PHASE OF IRAQ’S ELECTRICITY DEVELOPMENT IN IRAQ”    We know that within the project to delete the zeros includes electronic banking. Oh -this means they need electricity….right? … Continue reading →

MilitiaMan – Dinar Guru  Article:  “Foreign exchange rates against the dollar for the period (1995-2018)” …Notification they are ready to roll.. imo! 

MilitiaMan – Dinar Guru  I believe if one steps back and thinks about the totality of all these [articles] the CBI has provided today, one may take the view that they are clearly talking very loudly! They clearly want the people … Continue reading →

Mountain Goat – Dinar Guru   Sadr already told parliament a week ago to do something about it. Then we heard that this is planned to be fixed before the end of the current parliamentary session and that the PARLIAMENTARY FINANCE HAS … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQI INDUSTRY DELIBERATELY KILLED BY CURRENCY AUCTIONS”  Of course, we as investors all see it too so this news is not new to us. The important part if more and more people in high positions … Continue reading →

Mountain Goat – Dinar Guru   When is the turning point then when Iraq finally moves completely into Article 8 of the IMF charter for member nations and then operates fully in this capacity? …for now this has not yet “fully” happened. … Continue reading →

American Contractor – Dinar Guru   The Iraqi economic conditions are gradually getting better…The country is receiving more foreign investment as its coming in slowly…but the recent conditions like higher oil prices and higher public and private investment…Iraq is getting better.  Iraq … Continue reading →

Mountain Goat – Dinar Guru   Last week the CBI issued yet anther smaller category note (50 dinar) along with the 250, 500 and 1000.   …The CBI is really trying to keep these larger 3 zero notes off the streets (5k, … Continue reading →

Adam Montana – Dinar Guru   We are just about through Ramadan, and this holiday has been a busy one. Historically, nothing significant has happened during Ramadan. To be more to the point, nothing at all usually happens during Ramadan…that has not … Continue reading →

American Contractor – Dinar Guru   In Iraq, they’re articles written every day to mislead you…A week ago, I received information that the Iraq Central Bank (CBI) was distributing old banknotes.  This is a false story.  The CBI is not distributing any Iraqi … Continue reading →

Mountain Goat – Dinar Guru   Article quote:  “The Central Bank of Iraq would like to inform all banks that IT IS CONTINUING TO PROVIDE THEM WITH SMALL GROUPS OF THE IRAQI CURRENCY by withdrawing the amounts from the current balances … Continue reading →

Mountain Goat – Dinar Guru   Article quote:  “The Central Bank of Iraq has launched the SIFP, which aims to create a regular PARTNERSHIP IN THE FINANCING AND INVESTMENT PROCESS BETWEEN TRADITIONAL AND ISLAMIC BANKS ON THE ONE HAND AND THE … Continue reading →

MilitiaMan – Dinar Guru   Article:  “Parliamentary efforts to open the file “currency auction”   Having the Financial Law in place is nothing new…nor is it new this year per se, as it was enacted 01/13/2019. The key is the amendments were added … Continue reading →

Guest Guru Future – Dinar Guru   Financial management law is part of the government preparation towards monetary reform…it is indeed a huge part of what we seek.

G-Lin – Dinar Guru   Article:  “The House of Representatives votes on the Financial Management Law and ends reading the amendment of the provincial and district elections law”   …This FML is a really big deal. It took them a very long time … Continue reading →

Mountain Goat – Dinar Guru    …they are telling us the auctions (the traditional methods) are no longer appropriate for managing their currency.  …it is in the NEXT Phase in which they intend to implement the changes that effect the currency. I … Continue reading →

Mountain Goat – Dinar Guru   Article quotes: “TO DEVELOP MECHANISMS TO CHANGE THE MONETARY AND MONETARY POLICIES IN THE COUNTRY, in coordination with the Central Bank of Iraq, AIMED AT RAISING THE DINAR EXCHANGE RATE”; “THE CHANGE WILL RAISE THE EXCHANGE … Continue reading →