Author Archives: The Dinar Observer

Clare – Dinar Guru  Article: “Iraq buys nearly 52 tons of gold in three years”  Quote: “According to the latest schedule published in September by the Council…Iraq bought 51.9 tons of gold during the previous years from 2022 until September2024…Iraq bought … Continue reading →

Militia Man – Dinar Guru  The news out of late is completely off the charts and it points to I believe international.  Internationalism is where Iraq is headed.  I don’t believe for a minute they’re going to stop until they complete it…

Militia Man – Dinar Guru  Article from Saleh financial advisor for the prime minister…they’re getting ready to be able to export natural resources, agriculture…It’s the economic renaissance…They’ve been talking about maximizing their non-oil revenue and reducing debts.  They’ve been knocking … Continue reading →

Samson – Dinar Guru  Article:  “Economic renaissance and unprecedented progress… Iraq maximizes its non-oil revenues and reduces its debts“

Samson – Dinar Guru  Article: “Close to Al-Ameri: We support Al-Sudani, and there is no demand for his resignation or early elections“

Pimpy – Dinar Guru  For almost like a good six, seven eight months there’s all this hype, it’s going to change tomorrow, it’s going to change tomorrow because there was so much talk about the exchange rate.  I keep telling people…that’s … Continue reading →

Clare – Dinar Guru  Article: “Iraqi state banks account for 88% of banking sector investments”  Quote:  “The Prime Minister’s Advisor for Economic Affairs, Mazhar Mohammed Salih, confirmed…government banks account for 88% of the banking system’s investments, pointing out the necessity of … Continue reading →

Militia Man – Dinar Guru  The IMF Article IV 2024 consultation, one of the most important things was for [Iraq] to accelerate accession to the WTO.

Mountain Goat – Dinar Guru   I am going to give you a summary…of the other issues that are…on the table. They are on the near horizon and my CBI contact has also told me these are issues that also must be … Continue reading →

Sandy Ingram – Dinar Guru  It is widely believed Iraq will need to increase the value of its currency in order to fully take advantage of the international transportation hub [Development Road Project] it is building.

Pimpy – Dinar Guru  They have to do something about that parallel market.  The reason why it’s so successful is because people prefer to get the US dollars if they can.  If businesses and travelers want to get more bang for their … Continue reading →

Clare – Dinar Guru  Article: “Iraq’s financial revenues exceed 77 trillion dinars in 7 months of 2024″ Quote: “The Ministry of Finance revealed on Tuesday that the size of Iraqi revenues in the federal budget during 7 months exceeded 77 trillion dinars, confirming … Continue reading →

Militia Man   “…Understanding between the Iraq Federal Government and the Kurdistan Regional Government…”  You have two entities coming together…They had a lot of turmoil in the past…  Now they’ve come to an agreement…A huge delegation from Iraq has gone to the Kurdistan … Continue reading →

Mountain Goat – Dinar Guru   …recently they have told us this electronic platform is going away at the end of 2024… corruption and money laundering is now all ending and has to end or we will not see any reinstatement. The instrument … Continue reading →

Samson – Dinar Guru  “Parliamentary Finance Committee reveals its efforts to increase non-oil revenues and activate collection“

Clare – Dinar Guru  Article: “Central Bank of Iraq announces comprehensive banking reform map” Quote: “After the Central Bank delegation returned from the last round of negotiations with the US Treasury and the US Federal Reserve, it revealed the roadmap for … Continue reading →

Pimpy – Dinar Guru  Article:  “The parallel market will be overturned.  Sources: Upcoming decisions from he central bank that will confuse the markets and raise exchange rate.”  It’s interesting they don’t say which exchange rate…  Quote:  “He stated the decisions are likely to … Continue reading →

Militia Man – Dinar Guru  Article:  “The Parallel Market will be upended”  Quote:  “Expected decision from the central bank will confuse markets and raise exchange rates…These decisions will lead to an increase in the dollar exchange rate”  When you’re talking about the … Continue reading →

Samson – Dinar Guru  Article: “Five Oil and Gas Laws in Parliament”

Clare – Dinar Guru   Article:  “The parallel market will be upended.. Sources: Expected decisions from the Central Bank will confuse markets and raise exchange rates Urgent“   Quote: “The Central Bank will issue new decisions regarding foreign currency prices and the … Continue reading →

Kaperoni – Dinar Guru  Article: “Al-Sudani’s advisor reveals the results of the discussions between the Central Bank of Iraq and the US Federal Reserve”  Community Comment:  “Hopefully 1 step closer to the long awaiting financial reforms”  These steps are all … Continue reading →

Pimpy – Dinar Guru  Article:  “Inflation in Iraq slightly increased in July”  Article quote:  “Inflation in Iraq reached approximately 3.7% in August of 2023 compared to 4.4% in August of 2022 despite the rise in inflation in Iraq’s neighboring countries.”  In … Continue reading →

Clare – Dinar Guru   Article:  “Prime Minister’s Advisor: Central Bank Decisions Contribute to Reducing Inflation Rates in the Country”   Quote: “The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, explained that the decisions of the Central Bank contribute to reducing inflation rates in the … Continue reading →

Militia Man – Dinar Guru   Why is Saleh, the Financial Advisor, talking so much about ‘enhancing the value of the local currency’?  Isn’t that what we’re waiting for?  Article quote: “…Central Bank’s policies play a major role in the stability of the … Continue reading →

Mountain Goat – Dinar Guru  I was…told Wednesday in my conversation with my CBI contact that Baghdad now has installed the huge TV screens…They also told me that they are getting ready to broadcast the swap out of the currency … Continue reading →

Clare – Dinar Guru   Article:  “Passing the investment law within two weeks.. What are the positives?“

Samson – Dinar Guru  Article: “100% complete.. A government advisor announces the completion of the development road designs“

Militia Man – Dinar Guru  It takes time to get things done.  Now we’re watching all of these things come together at the end.  I think Iraq has made significant adjustments to what they’ve been doing.  I think their non-oil revenue streams is … Continue reading →

Clare – Dinar Guru   Article:  “Zaha Hadid Architects Unveils Construction Progress of Central Bank of Iraq Skyscraper in Baghdad”  Quote: “The Central Bank of Iraq (CBI) headquarters…is a new landmark on the banks of the Tigris River in Baghdad. Now … Continue reading →

Samson – Dinar Guru  Article:  “Trump Family Cryptocurrency Project Promises to ‘Ensure US Dollar Dominance‘”