Author Archives: The Dinar Observer
Kaperoni
Kaperoni – Dinar Guru Article: “Al-Atwani: Iraq’s integration into the international financial system is no longer an option, but rather a necessity to enhance confidence in the national economy.”
Pimpy
Pimpy – Dinar Guru What we’re hoping they’ll do is make it where the central bank digital currency is being used for digital banking but still allow customers to come in and be able to take out physical cash. Doesn’t sound … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru The implications of [the Iran] negotiations extend beyond Iran and Israel…A successful deal could lead to regional stability potentially boosting Iraq’s economy and security…Iraq’s government must…foster positive relations with both the US and Iran. The … Continue reading
Pimpy
Pimpy – Dinar Guru We all want the same thing trust me. You think I want to see them delete the zeros and then change the exchange rate? No, not at all! I want them to keep the zeros on there and … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Here is another reason we believe something is happening behind the curtains. First it was Facebook representatives meeting with the Iraqi prime minister and now it’s Elon Musk’s Space X. These mega corporation would not be … Continue reading
Pimpy
Pimpy – Dinar Guru Community comment: “Our [Iraqi bank] notes are worthless.” I wouldn’t say worthless. Keep in mind we don’t know what the hell Iraq is going to do. Hold on to them. Keep your fingers crossed that they leave the … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “Protect investors against certain risks such as political instability, expropriations or currency inconvertibility.” Isn’t that interesting? ‘Inconvertibility’. In other words Iraq’s currency at the moment isn’t quite convertible just yet. Is it expected to be … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru where…are…we…with the RV saga… The choo-choo train is still moving down the tracks quickly. It may make stops along the way, such as to combat money laundering, implementing financial reforms, implementing the Development Road Project, etc, etc. …Many of these … Continue reading
Samson
Samson – Dinar Guru Article: “Among them are Meta and Google.. The Minister of Communications: International companies are interested in the Iraqi digital corridor project“
Militia Man
Militia Man – Dinar Guru These guys are really gearing to integrate into the international world. Are they going to do it at 1310? Well if they were going to why didn’t they do that 2 years ago or back in 2018. … Continue reading
Clare
Clare – Dinar Guru Article: “Al-Ghariri: Iraq is getting closer to membership in the World Trade Organization.” Quote: “Minister of Trade, Atheer Al-Ghurairi, announced that Iraq has made significant progress in its path towards joining the World Trade Organization, stressing Baghdad’s serious commitment … Continue reading
Pimpy
Pimpy – Dinar Guru A couple good moves in Iraq that’s going to help those who are invited in the Iraqi stock exchange and also do a little bit to strengthen up the Iraqi dinar…If you’re invested in Iraqi stock this is … Continue reading
Samson
Samson – Dinar Guru Article: “The Central Bank is exploring the possibility of opening branches of Turkish banks in Nineveh Governorate.”
Mountain Goat
Mountain Goat – Dinar Guru Article: “ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”. Quote: “…This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income…” …Sounds to … Continue reading
Pimpy
Pimpy – Dinar Guru Another one I heard is they cannot become a member of The World Trade Organization unless they change their rate. That’s false…The World Trade Organization cannot tell another country what type of exchange rate to have. Every country … Continue reading
Samson
Samson – Dinar Guru Article: “The Central Bank of Iraq’s foreign exchange reserves increased by nearly $100 billion.” Quote: “The bank’s foreign currency reserves rose to approximately $98 billion at the end of March 2025.“
Militia Man
Militia Man – Dinar Guru Maintaining foreign cash reserves the country has done a phenomenal job. They have 160 tons of gold…It covers 140% of their imports and local currency in circulation.
Militia Man
Militia Man – Dinar Guru Maintaining foreign cash reserves the country has done a phenomenal job. They have 160 tons of gold…It covers 140% of their imports and local currency in circulation.
Clare
Clare -Dinar Guru Article: “PM Advisor: Iraq’s natural resources are worth more than $16 trillion” Quote: “Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its gross domestic product (GDP) sources by expanding investment … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru Iraq has been under increasing pressure to adopt…anti-money laundering and anti-terrorism financing rules. The United States insists unless Iraq fully complies with these standards, dollar transactions will remain restricted. The restriction on dollars is causing the … Continue reading
Pimpy
Pimpy – Dinar Guru Iraq still needs to continue to grow and getting away from relying on oil so much. We saw some growth in that area. We saw the percentage move from 96% reliant on oil sales in order to fund their … Continue reading
Samson
Samson – Dinar Guru Article: “Economist: The dollar’s decline improves citizens’ living standards and monetary policy.” Quote: “Economic expert Salah Nouri confirmed that the continued decline in the dollar exchange rate carries with it multiple positives that are directly reflected in the lives … Continue reading
Militia Man
Militia Man – Dinar Guru It’s been many month, a long time, that we’ve heard any talk about the World Trade Organization but they’re doing it again. I don’t think that’s a coincidence. It’s obvious Iraq is pushing to go and integrate … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq is moving closer to WTO membership after completing comprehensive technical responses.” Quote: “Trade Minister Atheer Al Ghurairy revealed that Iraq has made significant progress on its path to joining the World Trade Organization, affirming … Continue reading
Pimpy
Pimpy – Dinar Guru Just because you have a 25,000 note and all of a sudden they change the exchange rate to go with the new notes that doesn’t mean you get to bring in your old 25,000 dinar and go, ‘Aha, … Continue reading
Clare
Clare – Dinar Guru Article “Experts: Liberation from the rentier economy occurs through modern banking.” Quote “Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru We have reason to believe we will see a rate change in the IQD much much sooner than a rate increase with the VND…
Samson
Samson – Dinar Guru Article: “TRADE : IRAQ HAS MADE SIGNIFICANT PROGRESS TOWARD JOINING THE WORLD TRADE ORGANIZATION“
Pimpy
Pimpy – Dinar Guru Article: “Government consultant: Iraq third Arab with bank cards” Iraq definitely has continued to follow the path they need to get the currency back on track. For some of us the more important thing is getting the … Continue reading
Clare
Clare – Dinar Guru Article: “Mazhar Saleh: Iraq ranks third in the Arab world in the number of bank cards.” Quote: “Iraq will enter the era of fully electronic tax collection by the middle of this year. This will strengthen the confidence of … Continue reading