Author Archives: The Dinar Observer

CharlieOK – Dinar Guru   It would be very hard to have a “contract” if you don’t know what you are going to be paid.  More than likely, the companies with the “contracts” already know what the rate is. The “contract” … Continue reading →

Pimpy – Dinar Guru  Nothing would make me happier than to wake up in the morning and seeing for surely they increased  the exchange rate…There’s no more talk about the deletion of the zeros, which is good.  We don’t want them … Continue reading →

Kaperoni – Dinar Guru  Article: “Specialists identify a number of factors to end sanctions on Iraqi banks”  

Militia Man – Dinar Guru  If all you [Iraqi citizen] own is dollars and they change the value to a real effective exchange rate, back to where it was in the previous era, they say back to 1980…Sudani said the … Continue reading →

Jeff – Dinar Guru  There’s many disagreements with the budget, possibly causing it to be overturned via a court appeal…The actions of what was done with the budget was against what they were allowed to do so the legal system might … Continue reading →

Nadar – Dinar Guru  The UN agreement, 2003 when they invaded the country, now they said the last day is next year 2025.  They been talking about the end of the war and this is one of them.  That is very … Continue reading →

Pimpy – Dinar Guru  Iraq is on the verge of getting their full sovereignty which is awesome for Iraq and a huge step in going in the right direction.  Article “Al-Aboudi: The decision to end the UNAMI mission in Iraq is a major … Continue reading →

Jeff – Dinar Guru  The budget is unconstitutional and appeals have already been filed with the court.  The court is going to step in, it’s going to be overturned.

Mountain Goat – Dinar Guru  This month I believe is going to be a critical month for us investors…  Article:  “CENTRAL BANK: THE ISSUANCE OF NEW MONETARY DENOMINATIONS WILL NOT AFFECT THE DINAR EXCHANGE RATE”  I would consider this “WOW!” news.  … Continue reading →

Clare – Dinar Guru   Article:   “PaPrliament sends budget schedules to the Ministry of Justice… for this reason”  Quote: “Today, Tuesday, the Presidency of the House of Representatives sent the 2024 budget tables to the Ministry of Justice for publication in the … Continue reading →

Militia Man – Dinar Guru  Article quote: “What is the impact of the use of electronic payments on the Iraqi dinar?   The electronic payment process will contribute to the government in withdrawing the cash mass available to the public.”  It’s … Continue reading →

Pimpy – Dinar Guru   Deletion of the zeros is a redenomination.  Iraq is not positioned to do a redenomination.  That means you have to create all new bill.  I know they keep telling you guys it’s only coming off the exchange … Continue reading →

Samson – Dinar Guru   Article: “The International Monetary Fund praises the actions of the Iraqi Central Bank, the stability of the national currency, and the control of monetary inflation”

Clare – Dinar Guru Announcement:   “Declaration of function” quote:   “The Central Bank of Iraq announces the opening of contract employment for the position of cash examiner, provided that applicants for these positions are in accordance with the conditions stated later…”

Militia Man – Dinar Guru  They got it [the budget] done…What does it have to do?  It’s got to go to the Gazette…whether that’s going be on Wednesday which is 24 or 48 hours or is it going to be Saturday or … Continue reading →

Jeff – Dinar Guru   The budget got approved with the currency value at the Central Bank value of 1310 dinar per dollar.  That is not a rate change and no it can’t just magically float up 1 to 1 in the way … Continue reading →

Pimpy – Dinar Guru   They just passed the budget and unfortunately they did not increase the exchange rate…There was no indication out there whatsoever that they were going to change the exchange rate…

Tishwash – Dinar Guru   Article:  “The House of Representatives sends the 2024 budget schedules to the Ministry of Justice – The Iraqi Facts” the schedules are on the way to the gazette

Samson – Dinar Guru  Article: “Finance Committee after voting on the budget tables: There is financial abundance for the governorates and ministries“

Mountain Goat – Dinar Guru    Article quote:  “The budget is not affected by the rise or decline in dollar exchange rates, because Iraq will receive the dollar from the export of oil, and on the contrary, revenues increase as … Continue reading →

Pimpy – Dinar Guru   Everything seems to be ending around 2025.  The tripartite budget will end by 2025, the United Nations Security Council mission to Iraq will end by then.  Also the end of 2025 is the projected end of the time … Continue reading →

Samson – Dinar guru  Article:  “Al-Moussawi calls on Al-Sudani to end Washington’s control over the national economy and liberate the frozen funds“

Militia Man – Dinar Guru-  Article:   “The delete the Iraqi dinar zeros reoccurring invitation and existing challenges”  That was February 25, 2024.  It’s sill in the the news this year.  July 26, 2023 Al-Alaq said the project still existed… Quote: “When this is done correctly we can expect … Continue reading →

Kaperoni – Dinar Guru    Article:   “Iraq welcomes UN Security Council’s decision to terminate UNAMI mission”  Quote: “On Friday, the Iraqi government welcomed the UN Security Council’s unanimous decision No. 2734 to end the mandate and mission of the United Nations Assistance Mission … Continue reading →

Sandy Ingram – Dinar Guru   No one in the Middle East wants big daddy America to make Iraq wealthy. Oh, wait, Iraq is already wealthy.  It’s just a matter of maximizing, investing and building the infrastructure for long-term wealth…It’s only … Continue reading →

Pimpy – Dinar Guru   Article:  “UN Security Council extends mission in Iraq for last time”  The United Nations Security Council voted to end the Iraq mission by the end of next year, 2025.  The UN will not be babysitting Iraq anymore. … Continue reading →

Clare – Dinar Guru  Article: “Al-Mandalawi after voting on the budget tables: Parliament will follow up on disbursing the specified financial amounts“.  The Acting Speaker of the House of Representatives, Mr. Mohsen Al-Mandalawi, congratulated the approval of the federal general budget schedules for the … Continue reading →

Samson – Dinar Guru  Article:  “Sudanese Advisor: Ending the UNAMI mission represents a ‘historic achievement’ for Iraq“

Clare – Dinar Guru  Article: “Parliamentary Finance for Nina: We approved the budget schedules as received from the government, except for the governorate allocations.“  Quote:   “The Parliamentary Finance Committee announced that the schedules of the general budget law will be passed as … Continue reading →

Mountain Goat – Dinar Guru   “The head of the Iraqi Private Banks Association, Wadih Al-Handal, confirmed…the effort to open more prospects for work with correspondent banks, while indicating that the joint committee with the American side regarding the banking sector … Continue reading →