Author Archives: The Dinar Observer

Kaperoni – Dinar Guru  Investors will do business with Iraq no matter what the exchange rate is as long as the CBI is an Article VIII. The key is that firms that invest in Iraq are able to get their profits out.

Kaperoni – Dinar Guru   [Isn’t article 8 the reinstatement of their currency on to international trading platforms?]   No.  It is a standard of banking practice.  The dinar is international now, just most if not all banks choose not to trade or do … Continue reading →

MilitiaMan – Dinar Guru  Article:  “260+ attend IBBC Iraq Reconstruction Conference”  Quote:  “IBBC welcomed 260+ delegates to Dubai to discuss ‘Iraq – Reconstruction & Rebuilding, how to deliver Vision’ with expert Industry, Government and International Organisations on 25th November” …This is … Continue reading →

Mountain Goat – Dinar Guru   Is the Iraqi currency International?    …let me debunk this rumor once again about any VISA or MASTER CARD going international and issued from an Iraqi bank.  First, I will once again define what it means for … Continue reading →

Kaperoni – Dinar Guru   ‏ […they have already reduced the money supply.]  …Wrong!  This has not happened.  If it did the auctions would be out of balance.  As said last week from the CBI over 40 trillion is outside of … Continue reading →

MilitiaMan – Dinar Guru   Article:  “The future of the Iraqi currency!”  Quote: “It is possible that the value of the Iraqi currency against the US dollar, for example, that the employee who receives 1200 thousand dinars at the exchange rate … Continue reading →

Mountain Goat – Dinar Guru   So I would not use this “alleged” past corruption at the CBI for any reason to hold up the reinstatement now. This is moving forward. From all my findings the hold up, if any, would be … Continue reading →

Dinar News Update  [CBI Updated again today] After a fourteen day delay, the CBI reported the market rate for the Iraqi Dinar from November 14th to the 27th [They updated again today – the 28th also]…something is different.  Starting on the 14th they … Continue reading →

Kaperoni – Dinar Guru   [Do you still think the start of the float of the dinar will happen this year?]  Im hoping… but I am waiting for some things to happen first… completion of new GOI, IMF consultation.

ADMINBill   This could be a very interesting week.

Mountain Goat – Dinar Guru   Do they then begin to use the newer even lower denominated small category notes and finally trigger this deletion the zeros project? This will mean a 1:1 within Iraq and a reinstatement of the dinar. But … Continue reading →

Mountain Goat – Dinar Guru   I do know for a FACT that they already recalled and burned over 2/3 of the three zero notes. How do I know this is FACT? BECAUSE THEY TOLD THE PUBLIC OF IRAQ IN THE … Continue reading →

Kaperoni – Dinar Guru   Iraq will float the dinar allowing market forces to dictate.  As investment comes into Iraq, the exchange rate will rise.  Balassa-Samuelson effect!  I think most of us would be happy if the dinar ever equaled the dollar.  … Continue reading →

MilitiaMan – Dinar Guru   …The CBI changing their site to the fractional system they are showing us now ( within 2 weeks) suggests they are or just about are ready to go with the conversion. …Today they talked about Iraq taking her … Continue reading →

Delta – Dinar Guru   …REPORT FROM CBI …BUY SELL IQD IN IRAQI MARKET….PATTERN CHANGED…  08-Nov 1204- 1200…LAST WEEK;   27-Nov 1194.446- 1193.953 …THIS WEEK CBI IS SHOWING 3#S … IMO…GETTING READY TO GO INTERNATIONAL …

RVAlready – Dinar Guru   …Alak says he is ready to go, and the math has been done a million times over…they could do the RV now, and deal with the rest later…they have had years to get ready… I know it … Continue reading →

MilitiaMan – Dinar Guru   I am of the view…that they are done with the cabinet, Barzani needed to be a part of the Interior and Defense pick… Clearly they had an agenda to hammer things out.  Therefore, my view is that … Continue reading →

David M. Witty – Dinar Guru    Iraqi Parliament says there will be no vote today on unfilled cabinet positions due to political differences. Vote delayed until next week. Security agencies resist opening Green Zone due to possibility of terrorist attack.

Mountain Goat – Dinar Guru   …I have said over and over again there are multiple steps to this process. The first step deletes the zeros and the second in the reinstatement which should significantly increase the value, the value we all … Continue reading →

Chattels – Dinar Guru   Article:  “To postpone the session of parliament for Tuesday of next week“

MilitiaMan – Dinar Guru  Article: “Halabousi discussed with the delegation of Baghdad Chamber of Commerce activation of the investment law and the establishment of an economic village” …Well, we know every 3 letter agency of the world body were in … Continue reading →

Mountain Goat – Dinar Guru   The CBI has said many times they “fully” intend to keep the citizens informed of the status of the project to delete the zeros. They are doing just that. They seem to give period updates … Continue reading →

David M. Witty – Dinar Guru   Sources say Iraqi Parliament meeting to select names for unfilled minister positions delayed because of lack of agreement on nominees.

MilitiaMan – Dinar Guru   Article:  “The Association of Iraqi Private Banks holds the course of Islamic Specialist in Governance and Compliance”    There is a Customs and Tariffs Deadline by 11/30/2018 between Baghdad and Erbil to be imposed. Barzani has melted the Ice on … Continue reading →

MilitiaMan – Dinar Guru   “Parliament raises its meeting to next Monday and allocated for the completion of the ministerial cab”  I think they may have seated the Cabinet and will finish up other Items Monday.…We shall see…imo.

Adam Montana – Dinar Guru    [Has there been any progress or any news at all on the HCL lately that you can confirm?]  Yes, there has been steady progress regarding everything related to HCL. We couldn’t have a complete HCL before the … Continue reading →

Mountain Goat – Dinar Guru   Article:  “CENTRAL BANK OF IRAQ- THE VALUE OF THE IRAQI DINAR INCREASED BY 9%”   So for Iraq to compete with foreign products it must float the value of the dinar. This article demonstrates why. We know that … Continue reading →

David M. Witty – Dinar Guru   In Iraq, Baghdad’s Green Zone to be open to civilian traffic starting tomorrow. First time Green Zone will have been opened since 2003.

Adam Montana – Dinar Guru    Article:  “Texas is about to create OPEC’s worst nightmare”  [How do you think this may affect the RV?]  The article seems to indicate that the US is ramping up oil production, which will lower prices globally. Iraq … Continue reading →

David M. Witty – Dinar Guru   Iraqi Speaker of Parliament says next Parliament meeting on Monday will vote on unfilled cabinet positions.