Author Archives: The Dinar Observer
Militia Man
Militia Man – Dinar Guru Article: “Iraq is in a prosperous era despite the difficulties or the international economy” Saleh confirms…the inflation index remained below 4% per year…In my view the data shows the Central Bank of Iraq has done … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS.” This news is of course fantastic news, as it is showing us that Iraq is slowly … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “Non-oil imports rose significantly during the government of Muhammad Sudani including long-term investment revenues…” Sudani has increased the non-oil revenues since he’s been in office…Realize Iraq’s original valuation was primarily based off oil. Now they have … Continue reading
Pimpy
Pimpy – Dinar Guru Be careful…You’re not going to see the Iraqi dinar be above $5 per dinar. You’re not going to see the Iraqi dinar at $4 per dinar. You’re not even going to see the Iraqi dinar at $3 … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru In response to currency pressures the State Bank of Vietnam or SBV has adopted a flexible monetary policy to maintain economic stability. The central bank has intervened in the foreign exchange market by selling foreign currencies … Continue reading
Fnu Lnu
Fnu Lnu – Dinar Guru It is a time of uncertainty in the Middle East, so business continues to move forward for Iraq. Iraq is doing better than most all of their neighbors but to speculate that the RV/RI is at … Continue reading
Clare
Clare – Dinar Guru Article: “Government advisor: Linking national banks with their American counterparts provides a means for economic stability.” Quote: “Salih, confirmed on Wednesday…the Central Bank of Iraq’s efforts to link national banks with major banks and financial institutions in … Continue reading
Militia Man
Militia Man – Dinar Guru What if they tell you it’s going to go tomorrow? If you knew that and you could still buy currency you could front-run. Market’s don’t work that way.
Mountain Goat
Mountain Goat – Dina Guru …Iraq is excited and so should we be… the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more.
Clare
Clare – Dinar Guru Article: “Trump: A nuclear agreement with Iran is close, and negotiations are progressing positively.” Quote: ” ‘I think we’re moving very well on reaching a deal with Iran,’ Trump told reporters in the Oval Office. ‘There’s a deal … Continue reading
Militia Man
Militia Man – Dinar Guru It’s highly likely Iraq would not ever have accession [into the WTO] without having a real effective exchange rate with an international compliant currency. I just don’t see that ever happening because if they were going to … Continue reading
Militia Man
Militia Man – Dinar Guru Article quote: “The World Gold Council announced Iraq would rank 28th globally and 4th in the Arab world in gold purchases and reserves in 2025. This confirms the central bank is proceeding steadily to achieve the … Continue reading
Pimpy
Pimpy – Dinar Guru I have 5 million dinars. Obviously if they delete the zeros that now becomes 5,000 dinars. If they do reinstate the rate that give me $15,000. I don’t think I paid $2,000 for all my dinar…For … Continue reading
Sandy Ingram
Sandy Ingram – Dinar Guru One thing is for sure, with Iraq’s announcement of its $16 trillion natural resources, Iraq is holding its own. Sooner rather than later we will all understand that Iraq’s currency will become more valuable. They are playing with … Continue reading
Fnu Lnu
Fnu Lnu – Dinar Guru A current article from the WTO website shows us where Iraq is in the accession plans lie. Basically there are two main issues now. Article: “The Chair invited Iraq and WTO members to intensify bilateral … Continue reading
Militia Man
Militia Man – Dinar Guru Article: “What are the real reasons behind the delay in sending budget tables?” So, the cat is finally out of the bag. They are now saying what we could see…Article 12 of the 2023-2024 Budget is … Continue reading
Fnu Lnu
Samson
Samson – Dinar Guru Article: “Iraq is the second most developed country in the world for oil pipelines.” Quote “Iraq ranked second globally in oil pipeline development, after China…”
Militia Man
Militia Man – Dinar Guru It almost looks like they’re having some sort of synchronicity because they have this meeting with a neighboring trading partner, we have trading that’s going to be done in a digital environment and it’s going … Continue reading
Clare
Clare – Dinar Guru Article: “The dollar continues to decline against the dinar in Baghdad” Quote: “The exchange rate of the US dollar against the Iraqi dinar continued to decline on Tuesday morning in Baghdad markets.“ [Dinar Guru Note: It is good … Continue reading
Fnu Lnu
Fnu Lnu – Dinar Guru Things are most certainly not frozen and Iraq is definitely not at a standstill. I can list a minimum of a dozen new projects each week…The RV/RI is not happening because there is no immediate … Continue reading
Mountain Goat
Mountain Goat- Dinar Guru Article: “AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.” what is holding it up? Remember the WTO did already tell us Iraq has met all … Continue reading
Militia Man
Militia Man – Dinar Guru If you guys see the theme of coordination, cooperation, you see mechanisms…transparency…If you follow through that you can see the stepping stones. If you want to get down to the ocean front and you’re up on … Continue reading
Fnu Lnu
Fnu Lnu – Dinar Guru It is now being reported again that we are waiting on the REER and BOOM! An RV…There is already a REER and it is 1300 Dinar to the $1USD. The most recent charts of banking … Continue reading
Mountain Goat
Mountain Goat – Dinar Guru Article: “TO BOOST THE ECONOMY, THE INTERNATIONAL DEVELOPMENT BANK IS THE OFFICIAL SPONSOR OF THE IRAQI BUSINESS SUMMIT” The summit will be held with broad participation from local and international economic institutions and investment companies. I would … Continue reading
Clare
Clare – Dinar Guru Article: “Iraq intends to purchase and manufacture 23 cruise ships.” Quote “The Ministry of Transport intends to contract for the purchase and manufacture of 23 different vessels and boats to support the river transport sector and stimulate its … Continue reading
Militia Man
Militia Man – Dinar Guru My view, parliament will never get anything until after the fact. Once they expose that exchange rate parliament will finally get [the budget schedules]…The central bank is separate from the government. That’s my opinion.
Sandy Ingram
Sandy Ingram – Dinar Guru What are the three major demands or requests that the US administration has for Iraq that we know about? 1. Oil between the KRG and Turkey resumes 2. Iran backed militants be disarmed 3. Wants Iraq to … Continue reading
Clare
Clare – Dinar Guru Article: “Arab Bank returns to Baghdad after 80 years of presence” Quote: “Al-Sudani emphasized that Arab Bank has been present in Iraq for nearly eighty years, noting that its return today reflects the political and economic … Continue reading
Militia Man
Militia Man – Dinar Guru They’re waiting for government submission. That’s when showtime happens as far as I’m concerned. The government, to me, will not expose the budget tables without being ready for inter-connectivity to the international financial system. That’s my belief. With … Continue reading