Author Archives: The Dinar Observer

Militia Man – Dinar Guru   Article quote:  “Our dinar continues to recover up to the official price…the main reason of the recovery is the reform policies…”  They’re talking about the parallel market and the official price… The exchange rate of Iraq … Continue reading →

Clare – Dinar Guru   Article:  “How did the Central Bank’s strategic plan control the dollar price?”  Quote:  “Saleh explained that the narrowing gap between the official exchange rate and the parallel (black) market exchange rate is one of the most … Continue reading →

Mountain Goat – Dinar Guru  Article:  “THE DOLLAR CONTINUES TO FALL IN IRAQ. IS THE MARKET APPROACHING THE OFFICIAL RATE?”  Quote:  “…the gap between the official price and the parallel market price is close to disappearing…we may soon see it reach … Continue reading →

Militia Man – Dinar Guru  Those that have a ‘need to know’…when it come to investment in Iraq are going to have access to that data…They’re not going to get a date and rate…What they do do is give you the … Continue reading →

 Clare – Dinar Guru  Article: “The dollar’s exchange rate is stabilizing towards its target: adaptation or adjustment?”  Quote: “It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards … Continue reading →

Samson – Dinar Guru  Article: “GOVERNMENT ADVISOR : THE CENTRAL BANK’S STRATEGY CONTRIBUTED TO A DECLINE IN DEMAND FOR DOLLARS ON THE PARALLEL MARKET“

Militia Man – Guru  They haven’t exposed Article 12-2 paragraph C of the 2024 budget yet.  I believe it is exchange rate related.

Sandy Ingram – Dinar Guru  The Central Bank of Iraq has announced pilgrims can purchase dollars through designated banks and companies in Baghdad and other provinces.  The process involves exchanging Iraqi dinars for US dollars at the branches of participating banks … Continue reading →

Fnu Lnu – Dinar Guru  Article: “The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the … Continue reading →

Clare – Guru  Article: “Al-Nusairi: Our dinar continues to recover until it reaches the official price.” Quote:  “Economic and banking advisor Samir Al-Nusairi confirmed on Sunday that the Iraqi dinar has been gradually recovering for several weeks due to internal and external … Continue reading →

Militia Man – Dinar Guru an illegal market…They’re talking about getting the parallel market on par with the official exchange rate or really close.  I think that’s what’s taking place.

Militia Man – Dinar Guru   If Iraq is going to be international they’re going to have to be in compliance.  One of their compliances is to have an internationally acceptable exchange rate.  They don’t have that yet.  But they are going to have … Continue reading →

Clare – Dinar Guru  Article: “Cooperation between Iraq and the International Monetary Fund”  Quote: “Iraq and the International Monetary Fund agreed to strengthen relations with foreign correspondent banks in the field of foreign trade financing…An agreement was reached to support … Continue reading →

Fnu Lnu – Dinar Guru  …The most recent annual reports show clearly that Iraq already has a REER and that is 1300 IQD to $1 USD.   If Vietnam can be Internationally accepted and FOREX traded at 25,575 VND to $1 … Continue reading →

Militia Man – Dinar Guru  This is an event that’s going to be historic…Investors put their money where their mouth is….$88 billion invested in Iraq in 2023/24…There’s an estimated $400 to $500 billion more on the way.  That’s massive!  A half a … Continue reading →

Mountain Goat – Dinar Guru  I believe the pivot point for us investors is all riding on the Iranian talks. Not a single event but a pivot point. What will come of Iran is also part of the fate of Iraq. We can … Continue reading →

Mountain Goat – Dinar Guru  Article:  “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.”  As investors we have…been watching for the Oil and Gas law/referendum required by the new Iraqi constitution … Continue reading →

Samson – Dinar Guru  Article:  “Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened.“

Kaperoni – Dinar Guru   Article:  “Al-Sudani: Iraq is witnessing political, security, and social stability and an economic renaissance.”

Militia Man – Dinar Guru  You’re seeing blow-back, not wanting Iraq to go international because the cash cow is drying up, just like the dollar auctions drying up, smuggling currencies…oil, everything…If you read the news…you got to know who’s talking and what’s … Continue reading →

Samson – Dinar Guru  Article: “In an interview with an American media. Al-Sudani: Iraq is currently going through its best since the establishment of the Iraqi state“

Mountain Goat – Dinar Guru   Article:  “FOREIGN MINISTER: IRAQ IS COMMITTED TO PRESERVING ITS NATIONAL SOVEREIGNTY,” …To me Iraq will not be free until they obtain the full DFI funds and are able to reinvest this money as they … Continue reading →

Sandy Ingram – Dinar Guru  Iraq and the United States are working closely behind closed doors.  Behind closed doors the United States, IMF and World Bank have a lot to do with the timing of the float of the Iraqi … Continue reading →

Pimpy – Dinar Guru   The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq…Sudani seems to be getting everything back on track.  Keep your fingers crossed that no more things come in and interfere with the rebuilding … Continue reading →

Clare – Dinar Guru Article: “Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened” PROPAGANDA COMING FROM MALIKI’s State of Law Coalition IMO.

Samson – Dinar Guru  Article: “A representative reveals the reason for the government’s withdrawal of tax funds: The US Federal Reserve has stopped transferring funds to Iraq.”

Militia Man – Dinar Guru  Iraq is going to go to a global level and I think we all realize they haven’t done it at 1310 to 1 US dollar.  They’re going to have a real effective exchange rate that has freedom … Continue reading →

Mountain Goat – Dinar Guru  “THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES” The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number … Continue reading →

Militia Man – Dinar Guru  If Iraq is going to make an adjustment to her exchange rate it’s going to have an impact on her neighbors.  They’re going to need to know what’s going on.  

Samson – Dinar Guru  Article: “Import Control Authority: A significant rise in non-oil revenues during the Sudanese government“