Author Archives: The Dinar Observer

Nader – Dinar Guru   Something is happening this morning.  The float has been started guys.  It’s floated and we see what’s going on.  For now everything is calm.  Nothing is coming out.  The budget will come out this week.  Tomorrow I hope…they’re gonna … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQ IS EXPERIENCING AN UNPRECEDENTED PERIOD OF STABILITY”  Go RV! Go RV! Yes, the STABILITY we all have been waiting for. Its here! This stability only came as a result that Al-Sudani is not going … Continue reading →

Clare – Dinar Guru  Article:  “For the first time in 15 years, the dinar devours 30% of the (dollarized) car market in Iraq”  Quote:  “the return to the dinar will weaken the demand for buying dollars from the parallel market … Continue reading →

Sandy Ingram – Dinar Guru  Article:  “Customs achieves the highest revenue rate during the first quarter of 2023”  Customs department is proving to be a high stream of income for Iraq in the first quarter of 2023.  Revenues amounting to more than … Continue reading →

Pimpy – Dinar Guru  Article: “Kurdistan in Baghdad’s footsteps:  Demands to use the dinar exclusively in the real estate and car market”  This is a big move.  If you want to boost the confidence and value of your currency you really have … Continue reading →

Pimpy – Dinar Guru  If you’re in the country and people prefer the US dollar they’re willing to give up more Iraqi dinar to have the U.S. dollar.  That’s why there’s a black market out there.  That weakens the dinar.   If you … Continue reading →

Clare – Dinar Guru  Article: “Planning: The Iraqi private sector is starting to feel its right steps, with great investment opportunities“  Quote:  “One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting … Continue reading →

Militia Man – Dinar Guru   Why are they hiding the vote?  Why are they hiding the 2023, 24, 25 budget if they’re going to come out at 1310? …It doesn’t make make any sense…the 17th was suggested that they’re going to have the … Continue reading →

Yada – Dinar Guru  Im of the mind that we are going to see this rate release just before they pass the budget…The rate is the driver of the budget, not the other way around BGG ~ Pure speculation…

Militia Man – Dinar Guru   The governor of the central bank is openly talking about a delegation of experts from the International Finance Corporation.  Why is he talking about the International Financial Corporation if he’s coming out at a program rate … Continue reading →

Pimpy – Dinar Guru   This [Money Laundering] is a big issue for Iraq.  If your government can’t stop laundering money, you’re going to stay on a so-called blacklist.  Your money will never be traded internationally because nobody’s going to … Continue reading →

Henig – Dinar Guru  Article: “International Monetary Fund: Iraq is third in the Arab world in terms of exports of goods and services last year”  Quote: “Iraq exported goods and services in 2022 worth $ 140.7 billion, which increased from the … Continue reading →

Militia Man – Dinar Guru   The 2023, 24, 25 budget  hasn’t been implemented yet.  They haven’t shown you anything in respect to a potential exchange rate but there’s some things that tell you that they are about to do that … Continue reading →

Clare – Dinar Guru    THE BUDGET HAS BEEN APPROVED. THE 3RD VOTE IS A FORMALITY THAT WILL MAKE IT LAW.  WHICH THEY ALSO REFER TO AS APPROVAL, BUT IT REALLY MEANS MADE INTO LAW- TO IMPLEMENT.  IF THEY WERE NOT GOING TO AGREE … Continue reading →

Yada – Dinar Guru  Now the UN, IMF, US, World Bank, and even the CBI know the GOI can no longer stop the process. Best analogy would be the pitcher has sent the pitch and it is on the way to … Continue reading →

Mountain Goat – Dinar Guru   Article:  “SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER”  I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that … Continue reading →

MarkZ – Dinar Guru   Question:  Is this our week Mark?  MarkZ answer:  Even though I keep getting egg on my face…I do believe this could be our week. BGG ~ Who cares?!? He’s already “gotten egg on his face” 21,000 times!! … Continue reading →

Deepwoodz – Dinar Guru    …Why choose 1310 at all? Doesn’t compute in my mind…They jumped from 1160-1190 to 1460 with the flip of a switch. Only one reason why they can’t make an equal jump back…because they don’t want to … Continue reading →

Clare – Dinar Guru  Article: “In the presence of Al-Sudani and Al-Halbousi.. The state administration sets a date for resolving the budget discussions”  Quote:  “May 10, 2023 as the last resort to resolve discussions on budget items…The meeting was attended by … Continue reading →

Samson – Dinar Guru  Article:   ”Today, Sunday, the Association of Iraqi Private Banks confirmed that the dinar is recovering and will return strong and stable.”

Deepwoodz – Dinar Guru  …We have a Shiite PM who was installed by the coordination framework/state of law Maliki coalition after they ran Sadr out of town…the fact that he is quiet now only means whatever made him leave is still … Continue reading →

Pimpy – Dinar Guru  There seems to be a lot of stalling happening when it comes to the budget and I’m wondering if they’re just waiting to see what the United States is going to do as far as the Central … Continue reading →

CANDYKISSES – Guest Guru   TODAY IS A HOLIDAY IN IRAQ…”Iraq suspends official working hours on Monday on the occasion of Labor Day … The Iraqi Prime Minister, Muhammad Shia’a Al-Sudani, directed the suspension of official working hours on Monday, May 1, … Continue reading →

Clare – Dinar Guru  Question:  “Are they saying the vote before or after their vacation?” Clare Answer:  PARLIAMENT EXTENDED THE SESSION.. IT WAS SUPPOSED TO END ON MAY 9TH… BUT NOW  PARLIAMENT HAS TO KEEP WORKING UNTIL THE BUDGET IS PASSED.  HOPEFULLY … Continue reading →

Militia Man – Dinar Guru  They’re saying the dollar is going to continuously decline because of this new budget.  So prior to that new budget which is expected in the coming days, we should see something happen that could be in … Continue reading →

Docmagee94 – Guest Guru  Here is a partial list of the Strongest Currencies in the world right now, and their value to USD.  Enjoy the top 4 if you will: 1. Kuwati Dinar – 1 KWD = 3.26 USD. 2. … Continue reading →

Paulette – Dinar Guru  I have watched the Market Rate for almost 15 years.  IMF Article 8 compliance requires no Multi Currency Practice.  A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8.  Bottom Line, Iraq … Continue reading →

Clare – Dinar Guru  Article:  “The value of the dinar in the parallel market increased by 5% since the beginning of the month”  Quote: “The Governor of the Central Bank, Ali Al-Alaq, said earlier this month that the central bank … Continue reading →

Militia Man – Dinar Guru  I suggest if in fact they do what they say they’re going to do, ‘We’re going to do it soon’, ‘We’re going to do it in weeks’, ‘We’re going to do it in days’, ‘We’re going … Continue reading →

Yada – Dinar Guru   The parallel rate…is the rate that the street operated at. For a long time, the street rate charged higher rates for dollars that were purchased by dinar. The CBI rate is the official rate and there … Continue reading →