Author Archives: The Dinar Observer

Clare – Dinar Guru  Article: “Al-Ghariri: Iraq is getting closer to membership in the World Trade Organization.”  Quote: “Minister of Trade, Atheer Al-Ghurairi, announced that Iraq has made significant progress in its path towards joining the World Trade Organization, stressing Baghdad’s serious commitment … Continue reading →

Pimpy – Dinar Guru  A couple good moves in Iraq that’s going to help those who are invited in the Iraqi stock exchange and also do a little bit to strengthen up the Iraqi dinar…If you’re invested in Iraqi stock this is … Continue reading →

Samson – Dinar Guru  Article:  “The Central Bank is exploring the possibility of opening branches of Turkish banks in Nineveh Governorate.”

Mountain Goat – Dinar Guru   Article: “ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”.  Quote:  “…This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income…” …Sounds to … Continue reading →

Pimpy – Dinar Guru   Another one I heard is they cannot become a member of The World Trade Organization unless they change their rate.  That’s false…The World Trade Organization cannot tell another country what type of exchange rate to have.  Every country … Continue reading →

Samson – Dinar Guru  Article:  “The Central Bank of Iraq’s foreign exchange reserves increased by nearly $100 billion.”  Quote: “The bank’s foreign currency reserves rose to approximately $98 billion at the end of March 2025.“

Militia Man – Dinar Guru Maintaining foreign cash reserves the country has done a phenomenal job.  They have 160 tons of gold…It covers 140% of their imports and local currency in circulation.  

Militia Man – Dinar Guru Maintaining foreign cash reserves the country has done a phenomenal job.  They have 160 tons of gold…It covers 140% of their imports and local currency in circulation.  

Clare -Dinar Guru   Article:   “PM Advisor: Iraq’s natural resources are worth more than $16 trillion”   Quote:  “Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its gross domestic product (GDP) sources by expanding investment … Continue reading →

Sandy Ingram – Dinar Guru   Iraq has been under increasing pressure to adopt…anti-money laundering and anti-terrorism financing rules.  The United States insists unless Iraq fully complies with these standards, dollar transactions will remain restricted.  The restriction on dollars is causing the … Continue reading →

Pimpy – Dinar Guru Iraq still needs to continue to grow and getting away from relying on oil so much.  We saw some growth in that area.  We saw the percentage move from 96% reliant on oil sales in order to fund their … Continue reading →

Samson – Dinar Guru  Article: “Economist: The dollar’s decline improves citizens’ living standards and monetary policy.” Quote: “Economic expert Salah Nouri confirmed that the continued decline in the dollar exchange rate carries with it multiple positives that are directly reflected in the lives … Continue reading →

Militia Man – Dinar Guru  It’s been many month, a long time, that we’ve heard any talk about the World Trade Organization but they’re doing it again.  I don’t think that’s a coincidence.  It’s obvious Iraq is pushing to go and integrate … Continue reading →

Clare – Dinar Guru   Article:  “Iraq is moving closer to WTO membership after completing comprehensive technical responses.”   Quote: “Trade Minister Atheer Al Ghurairy revealed that Iraq has made significant progress on its path to joining the World Trade Organization, affirming … Continue reading →

Pimpy – Dinar Guru  Just because you have a 25,000 note and all of a sudden they change the exchange rate to go with the new notes that doesn’t mean you get to bring in your old 25,000 dinar and go, ‘Aha, … Continue reading →

Clare – Dinar Guru  Article “Experts: Liberation from the rentier economy occurs through modern banking.” Quote “Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil … Continue reading →

Sandy Ingram – Dinar Guru  We have reason to believe we will see a rate change in the IQD much much sooner than a rate increase with the VND…

Samson – Dinar Guru   Article:  “TRADE : IRAQ HAS MADE SIGNIFICANT PROGRESS TOWARD JOINING THE WORLD TRADE ORGANIZATION“

Pimpy – Dinar Guru  Article: “Government consultant: Iraq third Arab with bank cards”   Iraq definitely has continued to follow the path they need to get the currency back on track.  For some of us the more important thing is getting the … Continue reading →

Clare – Dinar Guru  Article: “Mazhar Saleh: Iraq ranks third in the Arab world in the number of bank cards.”  Quote:  “Iraq will enter the era of fully electronic tax collection by the middle of this year. This will strengthen the confidence of … Continue reading →

Mountan Goat – Dinar Guru  …we see more of the fruits of Iraq’s labor in combating AML[Anti-Money Laundering] in the article titled “NEW PARTNERSHIP TO CONNECT THE MIDDLE EAST AND EUROPE VIA IRAQ”  Quote: “By working together, we will enhance … Continue reading →

Militia Man – Dinar Guru  The data supports big things are about to take place…The last 3 to 4 days have been really powerful information.  It shows Iraq is integrating into the international financial system, into the global community.  They’re talking about … Continue reading →

Pimpy – Dinar Guru  They’re going to redenominate and take the zeros off because the zeros remind everybody of a devalued currency.  Taking the zeros off will make the currency look like normal currencies and give people the confidence they need … Continue reading →

Mountain Goat – Dinar Guru   We know about what the TRUE rate of the dinar should currently be based on its assets. The IMF is going to a strict asset-based evaluation of currency values. This is a Basel requirement. So, what … Continue reading →

Mountain Goat – Dinar Guru  …we now get a sense of a real change…a sound transition away from those sanctioned days of Iraq since 1990’s. It is a new Iraq and it is here now…So, it puzzles me as to why … Continue reading →

Militia Man – Dinar Guru  Iraq’s not going to tell you exactly what they’re going to do.  They just can’t do that.  So you have to glean what is in print…

Pimpy – Dinar Guru  Once they make that announcement and the three zeros are deleted it becomes worldwide.  So as soon as you take your money into the bank they’re going to go, ‘Hey you realize this has been redenominated and they deleted … Continue reading →

Kaperoni – Dinar Guru   Community Comment:   “I may be wrong, but it seems Iraq has a ways to go before they hit the Forex.” Kaperoni: Hard to predict, but they are making significant progress and changes.

Sandy Ingram – Dinar Guru  There’s a major shakeup in the Central Bank of Iraq’s board of directors.  In a significant move to reform Iraq’s financial sector Prime Minister Sudani has initiated a restructuring of the Central Bank of Iraq’s board of directors.  … Continue reading →

Walkingstick – Dinar Guru  Two years the United Nations came out and said everything they’re saying today.  They were premature…The CFT (Combatting Financing Terrorism) was what brought us back to security and stability and to remove all those thieves from Iranian politicians that … Continue reading →