Author Archives: The Dinar Observer

Clare – Dinar Guru  Article:  “What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud Dagher”  Quote: “Economist Mahmoud Dagher pointed out that deleting zeros will not change…the purchasing power of the dinar…Instead of carrying a … Continue reading →

Militia Man – Dinar Guru  In the last week or so…there’s probably five or six articles specifically talking about removing zeros from the Iraqi dinar… Quote:  “…this is done by removing a specific number of zeros from the nominal value of … Continue reading →

Pimpy – Dinar Guru  Article: “Thousands of protesters trying to storm US embassy is Baghdad after Nasrallah killing”  Iraqi protesters are trying to storm the US Embassy in Baghdad…How does that affect Iraqi dinar holders?  The last thing you need is for there … Continue reading →

Kaperoni – Dinar Guru   Community Comment:  “The US Embassy in Iraq is under siege I’m old enough to remember the last time a middle eastern embassy was under siege with a weak president…I hope this ends better…Pray for US personnel … Continue reading →

Militia Man – Dinar Guru  Article: “Minister of Transport announces the establishment of the Joint Maritime Authority between Iraq and Britain” …Massive amounts of trade is coming to the ports of Iraq… I suspect Al-Sudani and his teams are fully aware … Continue reading →

Clare -Dinar Guru  Article Quote: “Mazhar Mohammed Saleh, economic affairs advisor to Prime Minister Mohammed Shia al-Sudani, described the banking system in Iraq as rentier par excellence…noting that this requires a comprehensive reform process…Saleh stressed that this requires a comprehensive reform … Continue reading →

Kaperoni – Dinar Guru  This is a good quote from that article “The expected path of the Iraqi economy”  Quote: “The most important indicator, in my opinion, is that despite all the attempts to put obstacles in the way of economic … Continue reading →

Sandy Ingram – Dinar Guru  One significant difference between Iraq and many other developing and established countries is Iraq’s consistent willingness to pay down debt.  Iraq’s foreign debt has now fallen to below $10 billion dollars according to Saleh, financial advisor … Continue reading →

Dinar Investor – Jeff   World Trade [Organization]…one of the major things Iraq needs to really move forward towards membership is they need their MFTR [Memorandum of Foreign Trade Regime] completed… Article Quote: “The completion of all these requirements was confirmed in … Continue reading →

Militia Man – Dinar Guru  They will need to have an international IMF Article XIV and Article VIII compliant currency.  One that the Central Banks can defend and likely in a very fast and efficient manner with the most advance … Continue reading →

Samson – Dinar Guru  Article: “Wardastan deposits about 100 billion dinars of non-oil revenues in the Iraqi state treasury“

Militia Man – Dinar Guru  Al Sudani said Article quote “The time has come for Iraq to take its natural place in the  international community.”  I think that’s going to resonate with every one of us…Get ready.  Pay attention…

Sandy Ingram – Dinar Guru   [We] keep hearing about international standards from the Central Bank of Iraq.  We can only hope that this means the country will be joining the international community in the foreseeable future.

Samson – Dinar Guru  Article:  “Al-Sudani returns to Baghdad after participating in the UN General Assembly meetings“

Militia Man – Dinar Guru  Iraq is talking about “economic confidence”, “consumption”, “investment”, all of these things.  At 1310?  I don’t think so.  I don’t think that’s what they’re talking about.  I really don’t think Iraq is going to be the savior … Continue reading →

Mountain Goat – Dinar Guru  …my CBI contact told us the committee was planning to begin the roll out of the currency swap out in November… You will not see the US Treasury leave the CBI until this is done and the … Continue reading →

Samson – Dinar Guru   Article:  “Treasury praises growth of non-oil economy in Iraq“

Clare – Dinar Guru  Article:  “A specialist details the negatives and positives of removing zeros from the Iraqi currency”  Quote: “Al-Mawsumi said…The process of removing zeros from the currency means replacing a new currency with the old currency with the … Continue reading →

Militia Man – Dinar Guru  Article:  “US support for Iraq’s reform steps.. Non-oil GDP indicators rise and exceed twice the population growth rate”  They are clearly hammering the concept of Iraq’s ability to reform her banking and financial sectors among … Continue reading →

Dinar Investor – Jeff  Iraq can only change the rate at one or two points in the year, beginning or the middle of the year.  That was stated by Shabibi.  If Iraq was going to revalue at any of those times … Continue reading →

Samson – Dinar Guru  “The Central Bank of Iraq is required by the Federal Reserve to stop the platform, liquidate banks and merge others“

Clare – Dinar Guru  Article:  “Al-Sudani concludes his visit to New York by meeting Guterres, who praised the discussions to end UNAMI’s work in Iraq“

Mountain Goat – Dinar Guru  Article:  “IRAQ PLANS CURRENCY REDENOMINATION AMID ECONOMIC CHALLENGES“ …this is just not another article about the Project to Delete the Zeros but much, much more…I believe this project is going to move forward this fall, and … Continue reading →

Dinar Investor – Jeff   Their budget period would start October 1st…that’s why the news has increased significantly as we’re approaching October.

Samson – Dinar Guru  Article: “First smartphone factory opens in Erbil”

Pimpy – Dinar Guru  They don’t plan on removing any zeros at the moment.  Although my feeling is they will remove the 3 zeros and then change the exchange rate.  What I’m hoping for is that they leave the zeros on … Continue reading →

Militia Man – Dinar Guru  I’m not sure how many articles but it’s been five in the last few days, maybe even six that talk about deletion of the zeros.  Article quote:  “Prices involves eliminating a certain number of zeros from the … Continue reading →

Dinar Investor – Jeff   September is the month where you have seen and heard more from the Central Bank ever throughout this entire year… They have been more vocal and have completed more steps in the month of September than any … Continue reading →

Samson – Dinar Guru  Article:  “MP: Iraq is heading towards ‘major’ economic changes and a global urban revolution“

Mountain Goat – Dinar Guru  …we have been told many times that the Project to Delete the Zeros is not just a common project to redenominate but for Iraq it is also a steppingstone as part of the process to the … Continue reading →