Author Archives: The Dinar Observer

Clare – Dinar Guru  Article: “Dinar Explainer 1: Why Iraq has Two Exchange Rates” Quote:  “On a recent webinar organized by the Iraq Britain Business Council (IBBC), Professor Frank Gunter of Lehigh University explained the causes and effects of Iraq’s dual exchange … Continue reading →

Pimpy – Dinar Guru   Article:  “Customs complete the first phase of the automation project and reveals its revenues within 5 months”  They’ve been kept in the dark ages for a long time.  Everybody was doing everything by paper and pencil … Continue reading →

Militia Man – Dinar Guru   Iraq…hasn’t had a real effective exchange rate for over 20 years…Man we’re really really close.

Mountain Goat  I…asked [my CBI contact] how the rate of the dinar would be determined in the future…I was…told that “you know and I know that the rate of the dinar is now being artificially suppressed”…I was told that Iraq is … Continue reading →

Pimpy- Dinar Guru  I own 5 million Iraqi dinar.  Nothing would make me happier than to wake up in the morning and hear, ‘hey, the new exchange rate is 3 US dollars for 1 Iraq dinar and they kept the zeros … Continue reading →

Militia Man – Dinar Guru  The Real Effective Exchange Rate changes the whole dynamics.  They wouldn’t have gotten this far in the stage if they were going to go do all the things they’re talking about at 1310.  They would have … Continue reading →

Samson – Dinar Guru   Article:   “Iraq and Britain discuss preparations for Sudan’s visit to the United Kingdom and ways to enhance partnership and cooperation between the two countries“

Militia Man – Dinar Guru  This isn’t the old days. It’s a progress of education that they are teaching us and they’re teaching their people.  They’re telling the world what they’re doing. The ‘big money’, they know how this is rolling and … Continue reading →

Clare – Dinar Guru  Article:   “The President of the Republic approves a number of laws, including the 2024 budget schedules”  Quote:  “The President of the Republic, Abdul Latif Jamal Rashid, ratified a number of draft laws, which are the schedules of … Continue reading →

Clare – Dinar Gur  Article: “Iraq and Britain discuss preparations for Sudanese’s visit to the United Kingdom and ways to enhance partnership and cooperation between the two countries”

Mountain Goat – Dinar Guru   …it is nearing the end of June already…Recently we witnessed a surge of news from many of the prominent global entities including the UN, World Bank, IMF and the EU. All of them praising Iraq … Continue reading →

Kaperoni – Dinar Guru  Until Iraq creates such conditions, passes laws, encourage investment, and Iraq begins to diversify away from dependence on oil, nothing will happen with the Iraqi dinar.

Holly – Dinar Guru   …based on Iraq’s progress things are definitely on track to being done…I see a culmination of this sometime this summer and it could go now or it could be later, no one and I mean no … Continue reading →

Militia Man – Dinar Guru  Iraq’s working party on the accession of Iraq [to WTO] is July 18th 10:00am. I think we’re waiting for a precursor to that.  But…obviously they’re going to have accession.  When that exactly happens, on what day, … Continue reading →

Sandy Ingram – Dinar Guru  Article: “The European Union announced…the Iraqi government has achieved development in international investment“  There was a signing of the Singapore convention on mediation.

Clare – Dinar Guru   Article:  “Parliamentary law challenges the ‘2024 budget tables’ and the federal government is waiting for an answer within 15 days”  Quote: “the appeal was submitted “on the pretext that the numbers mentioned in the budget items will … Continue reading →

Pimpy – Dinar Guru  I understand why people are frustrated.  The dinar itself is not a scam but people do use the dinar to commit scams. 

Samson – Dinar Guru  Article: “Central Bank: Cancellation of Paragraph (5/d) of the instructions and standards for circulation and replacement of banknotes, and the counting and sorting mechanisms“

Militia Man – Dinar Guru  They’re effectively stating to everybody that they’re going international.  They’re giving a laundry list of all the things they’ve done, are doing and in support of where they’re headed.

Mountain Goat – Dinar Guru   Article:  “DOZENS OF IRAQI COMPANIES PARTICIPATE IN AN INVESTMENT SUMMIT IN AMERICA”  …in the past years I said – What is the US waiting for? Why have they not yet invested the US companies in Iraq? There … Continue reading →

Pimpy – Dinar Guru  I’m going to tell you the truth.  Here’s the truth, Iraq has taken major strides and getting their crap together.  Is the Iraqi dinar going to go up in value?  Yes it will.  Is it going to … Continue reading →

Militia Man – Dinar Guru  Oil is in the budget for 2023 was at $70 but oil has been over $80 for quite some time.  They’re gaining a lot of money.  Then they’ve increased non-oil revenues at the borders, a … Continue reading →

Kaperoni – Dinar Guru   Article:  “Establishment of the Commercial Arbitration Center in Iraq”  Article quote: “the importance of commercial communication with various countries around the world and organizing relations in a way that achieves mutual benefit for all parties, especially … Continue reading →

Samson – Dinar Guru   Article:   “Establishment of the Commercial Arbitration Center in Iraq“

Militia Man – Dinar Guru  That’s what we are waiting for as we speak [seeing what’s in the budget].  We haven’t seen them expose that rate or that information to us just yet but they’re going to.  They don’t have much choice … Continue reading →

Mountain Goat – Dinar Guru  She [my CBI contact] said that her committee was directed to be ready in June and did plan in June to begin the project to delete the zeros but the Central Bank as not yet received … Continue reading →

Mountain Goat – Dinar Guru   So as investors where do we stand with the RV?  Based on this information from my Saturday call to Iraq, I will summarize it for you. We are still waiting for the US to give assurances. The … Continue reading →

Pimpy – Dinar Guru   Article:   “Expert likely to keep exchange rates within their current rates”   It’s not going to happen that quickly.  There’s so many more hurdles for Iraq to jump through. 

Militia Man – Dinar Guru  The budget is only at $70 [per barrel], they’ve been trying to see if they can modify it and kick it up to $80 so they can spend more money…Oil prices are at $80+ and they … Continue reading →

Clare – Dinar Guru   Article:   “Government advisor: Global indicators confirm that oil prices will continue to rise until the end of 2025″  Quote: “the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, identified the most important economic gains achieved due to … Continue reading →