Author Archives: The Dinar Observer

Clare – Dinar Guru   Article:  “Economist: Development Road Project Will Provide Iraq with Great Investment Opportunities”  Quote:  “The “Development Road” project consists of land and railway roads extending from Iraq to Turkey and its ports, with a length of 1,200 kilometers … Continue reading →

Militia Man – Dinar Guru  The Development Road Project is going be massive.  It’s going to create an environment that’ll be seen for many decades long after I’m gone.  I’m sure of it.

Clare – Dinar Guru  Article: “Kurdistan Finance Deposits More Than 77 Billion in Non-Oil Revenues into Baghdad Treasury”   Quote:  “This amount represents the share of the general federal treasury from the non-oil revenues of the Kurdistan Region of Iraq for the … Continue reading →

Sandy Ingram – Dinar Guru   The average cost of living for one person in Iraq is $754/month.  This amount includes rent therefore when Iraq creates a safe environment hundreds of thousands of travelers could easily spend $2,000 a month on average … Continue reading →

Clare – Dinar Guru  Article: “Counterfeiting currency in Iraq.. Is the responsibility of the Central Bank or the government?”  Quote: “Two printers used in counterfeiting operations were also seized, as well as a yellow Renault wheel used in distributing counterfeit currency,” … Continue reading →

Militia Man – Dinar Guru  Article Quote:  “The Trade Bank is opening depository accounts for deposits only…”  That’s the kicker right there… They’re enticing the people to come in bring in their hoarded money…Why are they creating bank branches specifically for bringing … Continue reading →

Mountain Goat – Dinar Guru   Finance Minister Taif Sami Mohammed stressed the need “to adhere to timetables to achieve economic reforms”.   Yes, Iraq is on a timetable, and I don’t think they are going to mess this one up under Al-Sudani as … Continue reading →

Militia Man – Dinar Guru  Those people [Who have ‘hoarded mattress dinars’] are expecting the stock market to run big time when they change the value of their currency based off of a Real Effective Exchange Rate based off real assets, … Continue reading →

Samson – Dinar Guru  Article: “Salaries will be delayed.. Fundamental changes coming to the Iraqi monetary and financial system“

Clare – Dinar Guru  Article: “Financial Advisor: Increasing Iraq’s IMF Share Is a Step to Strengthen Dinar Stability”  Quote:  “The Prime Minister’s Advisor for Financial Affairs, Mazhar Mohammed Salih, confirmed today, Saturday, that increasing Iraq’s share in the International Monetary Fund … Continue reading →

Militia Man – Dinar Guru  The evidence is abundant.  Iraq is finalizing her reforms.  With what?  The support of American partnerships especially with large economic reforms and financial aspects in Iraq…These things are going to be linking the East to the … Continue reading →

Mountain Goat – Dinar Guru   Have they reached some sort of benchmark in the electronic digital banking reformation? Probably…it seems they have made so much progress. Also remember all this liquidity in the banks from the stashes and hordes of currency … Continue reading →

Sandy Ingram – Dinar Guru   A parallel market refers to the trade of goods or currencies through distribution channels that are not authorized by the original manufacturer or the official regulatory body…and is legal…A black market refers to the illegal … Continue reading →

Sandy Ingram – Dinar Guru  Iraq is one of the world’s largest oil producers yet the country struggles with shortages in fuel supply.  The central bank vice governor said in March 2024 that Iraq is fighting a booming currency black market.  He … Continue reading →

Clare – Dinar Guru   Article: “US delegation arrives in Baghdad to prepare draft for “indirect” negotiations with Iran”  Quote “America is exerting strong pressure through Iraqi mediators to conduct negotiations with Iran regarding the future of the region. It wants to … Continue reading →

Mountain Goat – Dinar Guru  Iraq is going to experience a “redenomination” of their currency meaning to execute the process of swapping out larger three zero notes for newer…lower denominations …when you take money out of circulation…You cause deflation, which is … Continue reading →

Samson – Dinar Guru  Article: ”US Senate enters the line of pressure on the Central Bank of Iraq”  

Kaperoni – Dinar Guru   A country’s currency and its value is not a random act or an arbitrary number.  An exchange rate is based on a country’s GDP, economic success. Until Iraq diversifies their economy the dinar will remain weak.

Sandy Ingram – Dinar Guru  Iraq is a different country and has grown significantly since 2014, however we are concerned ISIS is not completely destroyed, as many would believe, [My] second concern is oil prices are set to go down in early … Continue reading →

Militia Man – Dinar Guru  What will have a profound impact on the global financial system?  …IMO…is them at least reinstating their currency to what it was before.  Going 1 to 1 isn’t going to cut it.  Going to a full-blown reinstatement … Continue reading →

Clare – Dinar Guru  Article: “The College of Administration and Economics at the University of Mosul holds its international scientific conference on ‘Development and financial and economic stability to restore confidence in the Iraqi dinar’”  Quote: “The conference aimed to … Continue reading →

Samson – Dinar Guru  Article: “Launching of the activities of the international scientific conference under the slogan ‘Development and financial and economic stability to restore confidence in the dinar’“

Mountain Goat – Dinar Guru   Article:  “TRADE BANK OF IRAQ ANNOUNCES THE IMMINENT OPENING OF A CASH DEPOSIT CENTER IN KARKH”  I would definitely call it a “WOW!” article. So why am I excited today when I read this article? …they are … Continue reading →

Mountain Goat – Dinar Guru   Remember…the CBI needs to shrink the monetary mass by two-thirds (2/3)…it appears they are now beginning to bring in their hard currency to the banks for deposit…I was told [by my CBI contact] that this … Continue reading →

Samson – Dinar Guru  Article: “Governor of the Central Bank of Iraq discusses with the German Ambassador enhancing the financial inclusion plan in Iraq and digital transformation“

Clare – Dinar Guru  Article Quote:  “Laying the foundation stone for the largest skyscraper in Baghdad”   “The Baghdad Municipality is proud to give approval for the first skyscraper in the heart of the capital, Baghdad, within the new Downtown complex of the … Continue reading →

Samson – Dinar Guru  Article: “Deputy Spokesman for the UN Secretary-General: Census results must be used for development“

Militia Man – Dinar Guru  Article: “World Trade Organization in Geneva 2024 was held on July 18th.”  That’s just a few months ago… Quote:  “The significance of this is it marked the formal resumption of Iraq’s accession  process to the WTO … Continue reading →

Mountain Goat – Dinar Guru  Article:  “IRAQ EXPORTS MORE THAN 54 MILLION BARRELS OF OIL AND ITS DERIVATIVES TO AMERICA”   …the best part is that Iraq is now refining their own oil and selling not only raw crude oil exports but now … Continue reading →

Breitling – Dinar Guru  What was it I was looking at very specifically in Iraq that gave me confidence that they were going to add value to their currency, outside of them just saying that’s what they’re going to do, Out … Continue reading →