Author Archives: The Dinar Observer

Militia Man – Dinar Guru  Article:  “Away from the grey list”  Article quote:  “Due to the spread of this phenomenon means the Iraqi business environment has become compliant with international standards.”  They’re ready to be Article VIII compliant…To be in compliance you’re going … Continue reading →

Mountain Goat – Dinar Guru    …Iraq told us all about how they fully intend to get back the “glory days of dinar” and so…Yes, simply put, they are doing it… at this point the pieces are all aligning so nicely…it’s … Continue reading →

Clare – Dinar Guru  Article:   “Central Bank of Iraq makes progress in reforming banking sector”  Quote:  “US Ambassador to Iraq Alina Romansky confirmed [via tweet]…the Central Bank of Iraq has made progress in reforming the banking sector…We commend the progress made … Continue reading →

Clare – Dinar Guru  Article: “Ministry of Finance: Iraq maintains its credit rating and foreign exchange reserves level” Quote: “…the latest report issued by Standard & Poor’s Credit Rating Agency (S&P), Iraq maintains its credit rating at B- / B with … Continue reading →

Militia Man – Dinar Guru  The reason why I’m in this investment is because I listened to the IMF.  I read the IMF documents.  One of the longest reports I’ve ever read.  I read every page…198 pages.  That’s where the IMF talked about … Continue reading →

Samson – Dinar Guru  Article:  “For the first time, Iraq was chosen to chair the Group of 77 and China at the United Nations“

Sandy Ingram – Dinar Guru  Iraq’s employment rate, inflation rate and GDP affect the value of [Iraq’s] currency.  The Development Road Project will positively affect Iraq’s economic status and provide a dependable income stream outside the oil industry.  As a global corridor to … Continue reading →

Clare – Dinar Guru  Article:  “US Treasury praises Iraq’s progress in monitoring transfers and selling dollars”  Quote:  “The US Treasury Department praised the remarkable progress made by the Central Bank of Iraq in strengthening control procedures over foreign transfers and … Continue reading →

Kaperoni – Dinar Guru   Article:  “Central Bank meets with electronic payment companies and contracts with an international auditing firm in New York”   Community Comment:   “They have been saying that for 15 years.”  Clearly you do not stay up to date… Iraq … Continue reading →

Militia Man – Dinar Guru  Back in the old days…when Saddam Hussein was around, when their valuations were out [$3.22], they were valuing based off of what?  Oil.  They didn’t have non-oil revenues.  Times have changed.  They need to renew all of that…They’ve had … Continue reading →

Clare – Dinar Guru    Article:  “Prime Minister’s Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years”  Quote: “Saleh…oil revenues (semi-annual) for the year 2023 amounted to 53.88 trillion dinars, while non-oil revenues amounted to nearly 0.42 trillion dinars … Continue reading →

Mountain Goat – Dinar Guru …I was told [by CBI contact] once again the process will begin with “EDUCATION” followed by “ACTION”… Yes, we have seen some of it already but there is more to come… Also…the necessity of the parallel market to … Continue reading →

Samson – Dinar Guru  “Prime Minister’s Advisor Announces Increase in Non-Oil Revenues Compared to Previous Years“

Militia Man – Dinar Guru  Non-oil revenues is going to increase…It will enhance the value if they’re not just basing their value on oil, which is massive. 

Samson – Dinar Guru  Article ”Eight months of waiting: The Iraqi budget is held hostage on the shelves“

Clare – Dinar Guru  Article: “Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet” Quote “Oil Minister Hayan Abdul Ghani confirmed…the gas reserves achieved in Iraq amount to 128 trillion cubic feet and it is expected that … Continue reading →

Nader – Dinar Guru  Whatever who told you…the small category has been released and all that, not yet.   That doesn’t release it in one part of the country.  The whole country work the same thing.  They whole system the same.  When they … Continue reading →

Militia Man – Dinar Guru  One of the hopes is Iraq is going to try to work with other countries in the region to defend their currency.  They’re going to try to keep it as stable as they possibly can.  Having flexibility … Continue reading →

Samson – Dinar Guru  Article “Oil Minister: I expect gas reserves to increase to more than 200 trillion cubic feet“

Clare – Dinar Guru  Article: “Oil Minister reveals upcoming visit to US to discuss gas investment file”  Quote: “The Ministry of Oil plans to offer these gas investment opportunities to specialized companies, and we have a visit to the United States soon … Continue reading →

Sandy Ingram – Dinar Guru The Iraqi Ministry of Finance revealed…the country’s financial revenues in 5 months surpassed 54 trillion dinars, approximately $41.3 billion.  Wow.  Data released by the Finance Ministry for the months of January, February, March, April and May … Continue reading →

Militia Man – Dinar Guru  Article: “After the success of the recent negotiations in Washington…the Central Bank succeeded…in diversifying the basket of commercial currencies.  Indicating this will lead to a significant decrease in the demand for the dollar…This meeting with…the … Continue reading →

Samson – Dinar Guru  Article  “Oil Minister reveals upcoming visit to US to discuss gas investment file“

Clare – Dinar Guru   Article: “Oliver Wyman Company and lifting sanctions on banks banned from the dollar ”  Quote:  “A firm like Oliver Wyman can therefore help sanctioned Iraqi banks understand the sanctions imposed on them, work on strategies to mitigate their … Continue reading →

Militia Man – Dinar Guru  Article:  “Al-Mashhadani announces the approval of the majority of deputies to his nomination for the post of Speaker of Parliament”  Now it is waiting for a vote. Let’s see how long that takes…I do believe … Continue reading →

Mountain Goat – Dinar Guru   Article:  “GOVERNMENT ADVISOR EXPLAINS THE POSSIBILITY OF USING THE DINAR INSTEAD OF THE DOLLAR IN OIL SALES”  This is a…VERY good article in that it talks about the risks associated with pegging the dinar to … Continue reading →

Militia Man – Dinar Guru  The Development Road Project is going forward whether you like it or not.  Iraq is going International, they just haven’t yet.  They’re not on the Forex but are they going to be there?  I think they’re going … Continue reading →

Clare – Dinar Guru  Article:  ”Dollar prices continue to decline against the dinar in Baghdad markets”   Quote:  “The selling prices in the exchange shops in the local markets in Baghdad recorded a decrease, as the selling price reached 149,750 dinars, while … Continue reading →

Kaperoni – Dinar Guru   We have to hope that the Central Bank of Iraq continues to accept the guidance and directives from the IMF. Doing so would allow the currency to rise gradually over time as the economy grows.

Sandy Ingram – Dinar Guru  …Important reason the IQD is not on the Forex Market is that the Central Bank of Iraq has implemented certain restriction on the exchange and trading of the Iraqi dinar, making it less accessible for Forex … Continue reading →