Author Archives: The Dinar Observer

Kaperoni – Dinar Guru   Breaking News…it appears that new PM Mahdi has sacked the CBI Gov Ali al-Allaq.  If true and Ali al-Allaq has been removed history of this position has proven that it causes a delay and monetary policy which is not … Continue reading →

ChrisC – Dinar Guru   Article:  “The central bank reveals the amount of cash and gold reserves currently in Iraq”   Quotes: “there is no intention at the present time to issue any new category and existing categories that cover the need … Continue reading →

Kaperoni – Dinar Guru   In order for Iraq to engage its banking system with the world’s financial system It’s a combination of government effort and financial stability/compliance.  And again as we stated several months ago a new government would need to … Continue reading →

Kaperoni – Dinar Guru   …in order for the dinar to go up in value several other things must occur the Central Bank of Iraq for one has to rebuild the banking sector.  …the central bank has to meet the conditions set … Continue reading →

Kaperoni – Dinar Guru ‏   The latest…annual Article IV Consultation…done last September clearly states…”The authorities have appropriately maintained the exchange rate peg.”  This was done to help accomplish exchange rate stability in Iraq thus allowing the CBI to get in compliance.   …telling … Continue reading →

Frank62 – Dinar Guru  …It’s one thing to test fractional banking internally but completely different introducing @ onset of banking with the IQD…  ISX was testing an offline platform…with USA stock exchange, (don’t think a PR rate) also with European Exchanges, ME … Continue reading →

Kaperoni – Dinar Guru  [It’s getting hard for me even seeing when or if they are ever going to float. The corruption, the stalling, the bickering/infighting, the incompetence…it is getting really difficult to see them ever getting past it.]   Yes it … Continue reading →

Mountian Goat – Dinar Guru   Article: “ALMOST DAILY REPORTS OF THE ARREST OR ELIMINATION OF THE MILITANT GROUP’S TERRORISTS, THEIR LEADERS, SLEEPER CELLS AND HIDEOUTS” …the SECURITY situation in Iraq is stable but they are still having problems with the … Continue reading →

Phillyman – Dinar Guru   Article quote:  “…the Prime Minister Adel Abdul Mahdi, told President Barham Saleh that he would resign if the auction continues to sell ministries between the political blocs in his government.”   Is the article true, accurate?  Madhi certainly … Continue reading →

Mountain Goat – Dinar Guru   Article:  “PARLIAMENT MEETING HELD ON MONDAY, MONETARY POLICY IN THE PRESENCE OF THE GOVERNOR OF THE CENTRAL BANK OF IRAQ ALI ALAK”  So we can see the seeds have been sown and many of the newer … Continue reading →

Kaperoni – Dinar Guru   There is no RV or RI…if the dinar appreciates in value it will not happen overnight.  That being said, monetary policy will need to change to accommodate investment and that means they will need to float the … Continue reading →

Mountian Goat – Dinar Guru   We know that the new asset backed currency rate calculation system introduced in 2012-2013 is generating periodic rates for many of these underdeveloped countries.These rates are pushed down to the banks through this system. Yes, these are … Continue reading →

Mountain Goat – Dinar Guru   For only 2 reasons – a. continuance of corruptive banking practices (greed) and corruption and  b. political will to execute the “project to delete the zeros”. Again these same politicians are making a…load of money off these fake … Continue reading →

Mountain Goat – Dinar Guru Article:  “IRAN, FEELING SANCTIONS BITE, LOOKS FOR OUTLET IN IRAQ”   So what do we know?  We know that the US does not want Iraq to use USD to trade with Iran. I have always said these Iraqi currency … Continue reading →

RVAlready – Dinar Guru   The budget has nothing to do with RV timing. I do not think anyone plans a CBI investigation. The fact that the budget is already written in 1:1 numbers, should tell you everyone knows what is happening…. … Continue reading →

Mountain Goat – Dinar Goat   Article:  “FORGED DOCUMENTS FROM 3299 CARICATURES ABLE TO WITHDRAW FUNDS FROM CBI”   yet more corruption at the CBI process. These currency auctions must end as they are the source of most of this bank corruption.

Parliament discusses monetary policy and amend the bill of the budget of 2019 ​(Baghdad: Al Furat News) The House of Representatives discussed in its 13th session held under the chairmanship of Mr. Mohamed Halboussi, Speaker of the House of Representatives … Continue reading →

David M. Witty – Dinar Guru   Iraqi PM Abdel-Mahdi in news conference: I will finish forming ministerial cabinet shortly…

Kaperoni – Dinar Guru   Central Bank Governor Allaq met with parliament today [Monday] to discuss monetary policy.

Chattels – Dinar Guru   Article quote:  “Governor of the Central Bank of Parliament: We kept the dinar exchange rate against the dollar…”   …there seems to be obvious intentionality at work here.   Some would argue that a range of value is being … Continue reading →

Mountain Goat – Dinar Guru   …no one said the change would happen in mid Dec. I only said the re-education to the citizens has to begin before the reinstatement and in time to educate them, enough to do the event. I … Continue reading →

RVAlready – Dinar Guru    One big thing yesterday. Allaq presented to parliament the advantages of the MR, of which the RV is a major part. Apparently the talk was very well received. Many have speculated that the release date has been … Continue reading →

Mountain Goat – Dinar Guru   Article: “MAINTAIN THE EXCHANGE RATE OF THE DINAR AGAINST OTHER CURRENCIES”   Quote: “…the central bank balanced between the financial options and managed despite the pressure and impossible goals to maintain the exchange rate of the … Continue reading →

Kaperoni – Dinar Guru   …The IQD is not on a managed float but a peg to the dollar…As for a float in the future, the IMF is very clear on this directive as Iraq needs to exit the peg prior to … Continue reading →

MilitiaMan – Dinar Guru    …Pretty sure this all comes out the day before Alak is to be in Parliament.. The day before the UN has a topic on IRaq as well… Did we not recently hear Pompeo and Mnuchin … Continue reading →

MilitiaMan – Dinar Guru   They are telling us they are literally coming on stage internationally. Today they are actively spelling out internationalism based on statements…  Quote: “The governor of the Central Bank of Iraq Ali al-Alaq, Sunday 11 November 2018, that the … Continue reading →

David M. Witty – Dinar Guru  Iraqi Parliament’s schedule for tomorrow does not include voting on unfilled ministerial positions.  Iraqi MP says nominees for unfilled minister positions have been decided except for Defense & Interior Ministers. PM wants to avoid announcing names to … Continue reading →

Mnt Goat – Dinar Guru  … I have been telling you in my “project to delete the zeros” and how it will first get revalued in-country within Iraq (not yet on the currency exchanges). Then up to 2-4 weeks later, once … Continue reading →

BGG ~ For any bank, banker, lawmaker, adviser or official (of any kind) to make the statement “the Dinar is a scam” is JUST as foolish as ANY of the internet BLOWHARD “Gurus”. The Iraqi Dinar is the official currency … Continue reading →

Crush Expected When Kuwaiti Banks Reopen Today March 24, 1991|From Reuters KUWAIT CITY, Kuwait — Thousands of Kuwaitis are expected to jam the country’s banks today when they open for the first time since the end of the Iraqi occupation. … Continue reading →