Author Archives: The Dinar Observer

Kaperoni – Dinar Guru  Article: “Deleting the Zeros of the Iraqi Currency”  I have said it numerous times…we do not want to see Iraq delete zeros.   

Nader – Dinar Guru  You heard them talking about corruption.  They’re going to clean it up but it’s going to always be there.  It’s everywhere.  It’s in America.  It’s everywhere in the world.  It’s in Europe.  It’s here.  Corruption is  corruption, … Continue reading →

Clare – Dinar Guru   Article:  “Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation”  Quote: “if the currency is the “dinar” and its value is equal to 1,000 dinars, after removing three zeros, its value will become … Continue reading →

Pimpy – Dinar Guru  Yes, an article came out again about deletion of the zeros… “Removing Zeros from the Iraqi currency: Talk Returns and Possibility of Implementation”  I keep telling everybody when they do the deletion of the zeros this … Continue reading →

Clare – Dinar Guru  THE WTO FULL ACCESSION HAS NEVER BEEN A REQUIREMENT FOR A RATE CHANGE.

Militia Man – Dinar Guru   Obviously Iraq is trying to reach out to the people and share with them some education about how the “delete the zeros” works…I have a translator who reads and writes Arabic fluently…and they say this … Continue reading →

Clare – Dinar Guru  THE WTO FULL ACCESSION HAS NEVER BEEN A REQUIREMENT FOR A RATE CHANGE.  …THE VIDEO THAT WAS RELEASED IN IRAQ & ARAB NATIONS EXPLAINING ALAQ’S COMMENT ABOUT THE DELETION OF THE ZEROS…WAS HUGE!!! THIS IS WHAT WE WANT … Continue reading →

Kaperoni – Dinar Guru    Question: “So the RV tomorrow 3:00? Lol”  You need to change your thinking. There is no RV, never will be one. The only way that dinar can go up in value is ‘gradually’ over time based on the success … Continue reading →

Sandy Ingram – Dinar Guru   Question: “How is Iraq going to do business in the international market with such a low currency rate?”  This is why Iraq will need to increase the value of its currency.  Currency values… act as a … Continue reading →

Paulette – Dinar Guru  Article: “Iraq faces some challenges in its path to joining the World Trade Organization”  It is clear based on this article that Iraq will not be voted today to be full members of the WTO…Iraq has … Continue reading →

Mountain Goat – Dinar Guru   …This current Al-Sudani administration is now moving Iraq ahead, yes out of this past rut…It is right in our faces now…The train is racing down the track only to make the necessary stops along the … Continue reading →

Samson – Dinar Guru-  “Frustrating results from Iraqi Foreign Minister’s meeting with US Treasury regarding pressures on the Central Bank“

Pimpy – Dinar Guru I keep telling people, the WTO will talk about the Iraqi exchange rate but not in the sense that they’re forcing or telling Iraq they have to change their exchange rate.  That’s not what they do.  They just … Continue reading →

Militia Man -Dinar Guru  Today’s exchange rate at 1310 its reciprocal is about .0007633.  Drop those three zeros off an exchange rate and you have value to the currency.  It’s that simple.  It doesn’t make sense to anybody to print new currency … Continue reading →

Fnu Lnu – Dinar Guru   [Response to Guru Henig post 3-16-2024 below] The taxation issue is not complex and I  have it directly from the taxing authority (IRS) and an agent within the IRS. The taxation will be a matter of choice … Continue reading →

Fnu Lnu – Dinar Guru   It is also not true that one must have a receipt or pay 40-50% in taxes. The tax code is  written for both kinds of people. Those who pay taxes and those who do not. … Continue reading →

Sandy Ingram -Dinar Guru  A major financial change in Vietnam…Decree 52 regulates non-cash payment in Vietnam and will significantly alter Vietnam’s financial landscape…Decree 52 marks a significant milestone in Vietnam’s journey towards a cashless economy.  If you have VND bank notes … Continue reading →

Pimpy – Dinar Guru  It’s not the job of the World Trade Organization to handle Iraq’s currency exchange rate.  That’s not what they’re there for.   It’s called the World Trade Organization not the World Exchange Rate Organization.  

Mountain Goat – Dinar Guru  We heard this week that Al-Sudani again told the citizens that they can expect a “new currency” and so we know its not more of the 3 zero denominations since the CBI told us they are … Continue reading →

Samson – Dinar Guru  Article: “Minister of Trade arrives in Geneva to head the negotiating team for Iraq’s accession to the World Trade Organization“

Clare – Dinar Guru  Article: “Iraq resumes negotiations to join WTO”  Quote:  “The Iraqi negotiating teams have begun their preparatory meetings at the headquarters of the World Trade Organization in Geneva, in preparation for the third meeting of the working … Continue reading →

Samson – Dinar Guru  Article: ”Negotiations for Iraq’s accession to the World Trade Organization after a 16-year absence“

Militia Man – Dinar Guru  They pushed out the HOR meeting till after this next holiday which is on the 17th…The WTO meeting they say is on the 18th unless their calendar changes.  I highly suspect that won’t be the case.  They … Continue reading →

Militia Man – Dinar Guru   This next week there’s supposedly a formal and historic meeting with the WTO and Iraq on the basis of accession… They told us it was going to be formal and historic…

Buckeyetree – Dinar Guru  …Much progress has been made from the USA trip by Sudani in April, the technology with fiber optics, electronic banking, using only the dinar, foreign contracts with huge projects, the ATMs, and the HCL practically done with Barzani … Continue reading →

Clare – Dinar Guru Article: “Baghdad calls on Washington to reconsider its sanctions on 32 Iraqi banks”  Quote:  “Nelson praised, ‘the steps taken by the Iraqi government to support the Iraqi economy and address the challenges it faces.“

Sandy Ingram – Dinar Guru  There is a high demand for US dollars in countries like Iran and Syria where local currencies have significantly devalued.  Entities in these countries are desperate to obtain…physical dollars …because they are accepted everywhere and impossible … Continue reading →

Pimpy – Dinar Guru  Article: “The stability of the exchange rate of the dinar against the dollar is real and firm” This is one of those big steps we have been looking forward to, which is stability of the currency.   We’ve … Continue reading →

Militia Man – Dinar Gur  Ceasing the dollar auctions as we know it.  Tomorrow [Monday] is supposed to be the first day they’re going to have a new mechanism for using the dollar and selling that dollar.  People are going to … Continue reading →

Samson – Dinar Guru  Article: ”WTO Working Party Meeting July 18th after 16 years“