Author Archives: The Dinar Observer

Breitling – Dinar Guru   Community comment/question “I keep talking about what I’m watching.  What Iraq is watching.  What position? How are they posturing?  How are they looking at the globe financially to help make the decision when they’re going to add … Continue reading →

Nader – Dinar Guru  The budget will be sent to Parliament next month…the first week of April the budget will be sent to Parliament.

Sandy Ingram – Dinar Guru   Barron’s Article:  “Iraq issues Arrest Warrants In ‘Heist Of The Century” Taming corruption will help increase the value of the dinar.  It will also gain the people’s trust which is greatly needed to get bank deposits up.  … Continue reading →

Deepwoodz – Dinar Guru   Article:  “Wasata and a long wait”… Citizens are dissatisfied with the procedures of “dollar banks” in Iraq“  The squeeze is on. Hard for them to get the dollar they are so used to using. Sudani telling … Continue reading →

Militia Man – Dinar Guru  We are seeing data that supports the World Trade Organization, the Government of Iraq, the Regional Government and the Grand Ayatollah Al- Sistani support for reforms and have edicts and agreements that are set now. The … Continue reading →

Pimpy – Dinar Guru  IMO they are truly after all these years very close to finally coming up with the agreement between Kurdistan the federal government of Iraq.  If they can come up with this agreement and they finalize it … Continue reading →

Clare – Dinar Guru  Article:   “The Central Bank of Iraq decides to use only the local currency at ATMs ”  Quote “…it was decided that the electronic financial services provided inside Iraq Through (automated teller machines, point-of-sale devices, electronic payment … Continue reading →

Mountain Goat – Dinar Guru   Article:  “ADOPTION OF THE NATIONAL CURRENCY (CBI)”   Quote:   “…the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions”  … Continue reading →

Militia Man – Dinar Guru   There’s some interesting information.  The Ministry of Planning and the European Union are supporting Iraq to join the World Trade Organization…European Union, International Trade Center and Department of International cooperation … getting together for that support.  We’re … Continue reading →

Pimpy – Dinar Guru  Article:  “An ‘important’ statement from Al-Kazemi regarding the recent arrest warrants against his government team”  Al-Kazemi has become the Donald Trump of Iraq.  As soon as that guy got out of office they’re going to go after … Continue reading →

Nader – Dinar Guru   A friend of mine told me…you can transfer money from Iraq to anywhere in the world.  That’s very good news.  I’m happy…

Deepwoodz – Dinar Guru  Article:  “The draft budget law 2023 will not be included on the cabinet table”    Quote: “the draft budget law for the current year will be ready and will be sent to the House of Representatives by the end of … Continue reading →

Militia Man – Dinar Guru  Sistani Grand Ayatollah coming out and talking about foreign currency exchange with the citizens is some of the best education I’ve seen in 13 years.  I take it very seriously.  I’m very excited about it because … Continue reading →

Mountain Goat – Dinar Guru   Article:  “AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?”  There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know the new Iraqi constitution must be … Continue reading →

Pimpy – Dinar Guru  It’s on the exchange…the Iraqi dinar is.  It’s not on the big one, Forex, but it is on the local exchange…right now it’s trading on the open market at 1459 dinars for every $1…that’s the one [1459] … Continue reading →

Deepwoodz – Dinar Guru  Article “Parliamentary Finance stresses the introduction of the new salary scale before the budget legislation“  I’ve often thought about some of the things they would have to do BEFORE changing the rate.  One of those things was to change the … Continue reading →

Nader – Dinar Guru  The street demonstrations you see…First it’s for the food baskets.  Second is for what we call it ID – retired people want more money.  Third is for the exchange rate…purchasing power.  Power to purchase more things with their … Continue reading →

Sandy Ingram – Dinar Guru  How Iraq caused the currency crisis – Here’s what happened.  Iraq spends around $900 million a month on Iranian goods.  $50…is for electricity and gas…Now the mistake – The U.S. and Iraq decided to pay Iran … Continue reading →

Sandy Ingram – Dinar Guru The Federal Reserve Bank in New York City had a fit and began implementing restrictions…You see, the U.S. holds the money Iraq makes from oil sales…Iraq is caught between the U.S. massive amounts of oil revenue … Continue reading →

Pimpy – Dinar Guru  A lot of people asking me if the Iraqi dinar exchange rate has changed again.  No it has not.  When you hear people out there whether it’s from the news or people posting about the exchange rate they’re … Continue reading →

Militia Man – Dinar Guru  The Council of Ministers referred to dealing in dinars.  It says there’s no justification for citizens to use foreign currency in local transactions.  In other words in their local transactions there’s no reason to be doing anything outside … Continue reading →

Clare – Dinar Guru  Article:  “Sudanese and the World Bank delegation are discussing joint cooperation and support for the government’s plans“

Suzie – Dinar Guru   With this news of the budget coming forth and all the other info being brought to us and especially with the Kurds being happy with the HCL I can see no way Iraq won’t pull this off in the … Continue reading →

Breitling – Dinar Guru  The United States money supply – we’re pulling it in.  We built China with that money supply.  We built the EU with that money supply.  We competed against emerging markets with that money supply.  We’re binging it … Continue reading →

Breitling – Dinar Guru   …Iraq is going to accept the yuan… Euro…US dollar but they’re going to start adding value to their currency because there’s not going to be as many U.S. dollars out there.  Not only that but the EU is … Continue reading →

Pimpy – Dinar Guru  It’s going to happen eventually.  I don’t think it’s going to happen the way people think but right now certainly there is nothing out there that indicates Al-Sudani said he’s going to restore it to the $3 … Continue reading →

Clare – Dinar Guru  Article:  “The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance”  Quote:  “Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental … Continue reading →

Mountain Goat – Dinar Guru  Article:  “AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS” Quote:  “…there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with an oil agreement within the terms … Continue reading →

Clare – Dinar Guru  Article:  “The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance”  Quote:  “Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental … Continue reading →

Mountain Goat – Dinar Guru  Article:  “AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS” Quote:  “…there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with an oil agreement within the terms … Continue reading →