Author Archives: The Dinar Observer

Pimpy – Dinar Guru   Let’s get clarity about what’s really going on over there in Iraq in regards to the decline of the Iraqi dinar… Everybody knows the coordinating framework, Maliki and all his friends…do the bidding of Iran…the currency … Continue reading →

Pimpy – Dinar Guru  The issue with the currency is this – there is not enough United States dollars in Iraq…Since it [dollar smuggling] was so out of control the United States decided to limit the amount of dollars…putting the … Continue reading →

Henig – Dinar Guru   Comment:  “There sure isn’t many articles about the budget lately?”  There’ve been a few, but mostly rehashing over old material and couched in different information…IMO we won’t have a lot of new info until the Council … Continue reading →

Clare – Dinar Guru  Article:  “Governor of the Iraqi Central Bank: Launching a second package of facilities to support the exchange rate”  Quote:  “The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support mechanisms … Continue reading →

Pimpy – Dinar Guru  Article: “Blinken: We are working to strengthen Iraq’s economy and reintegrate it into the region”  As investors in the Iraqi dinar you want to hear this kind of news.  The more they can strengthen the economy … Continue reading →

Clare – Dinar Guru  Secretary Antony Blinken Tweet “I co-chaired with Iraqi Deputy Prime Minister @Fuad_Hussein1 the first ever economic-focused Higher Coordinating Committee of the U.S.-Iraq Strategic Framework Agreement. We will continue to work with the @IraqiGovt to strengthen Iraq’s economy and energy … Continue reading →

Mountain Goat – Dinar Guru   Article:  “IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA”  Quote:  “Iraq has come a long way in combating the financing of terrorism and money laundering.”   …Iraq was removed from the “most dangerous countries” area … Continue reading →

Pimpy – Dinar Guru  Anybody talking about a rate over $.01 cent is full of crap.  That’s not gonna happen.  I would love for it to happen…It’s just not gonna happen.  When they say they’re going to restore it to its … Continue reading →

Nader – Dinar Guru    Some people believe it’s [The dinar] a scam.  Some people believe, ‘Oh, it’s Iraq , it’s a terrorist country.  It’s killer country.’  But Iraq was good before and it’s gonna be good later…Thank God for what’s happening … Continue reading →

Militia Man – Dinar Guru   1300 is halfway between 1460 and 1166.  What good does that do?  How is that alleviating any pain?  Inflation has risen since the 1460s so they’re not getting anything.  It’s not any good   for them.  That “second package” … Continue reading →

Pimpy  – Dinar Guru  This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue.  They have to do whatever it takes to have these restrictions lifted on their currency … Continue reading →

Henig – Dinar Guru   Article:  “Iraqi delegation arrives in Washington to discuss government measures on the dollar”  Quote:  “Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation”

Pimpy – Dinar Guru  Article:  “Governor of the Central Bank:  We affirm that they have proceeded with the government to enhance confidence in the national currency”  That’s the other issue with Iraq.  They prefer the US dollar per the dinar…You got … Continue reading →

Clare – Dinar Guru  Article:  “Iraqi Foreign Ministry: The delegation’s visit to Washington will discuss two basic economic files”  Quote:  “The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq’s monetary policy and … Continue reading →

Clare – Dinar Guru   Article:  “Iraqi Finance requires government banks to adopt the new exchange rate”  Quote:  “Today, Wednesday, the Ministry of Finance directed the two governmental banks, Al-Rafidain and Al-Rashid, to adopt the new exchange rate for the dollar … Continue reading →

Pimpy – Dinar Guru  You’re looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people.  That’s more purchasing power…we’ll see if the Iraqi people actually feel the increase once the prices start to change…that … Continue reading →

Militia Man – Dinar Guru   Today has been a big day…They are telling us they are going to do certain things and this 1300 was one of the first stages.  The second stage is…they’re going to re-prepare the 2023 budget.  In … Continue reading →

Pimpy – Dinar Guru  The Iraq dinar exchange rate has changed.  It went from 1450 dinars for every dollar to 1300 dinars for every dollar.  You’re looking at about a 9.6% increase in value…Looking very good.  There is baby step one…just like … Continue reading →

Clare – Dinar Guru  “Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick”  Quote “…the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their … Continue reading →

Pimpy – Dinar Guru  This is great news.  We love to see the Iraqi dinar exchange rate go in this direction, the right direction.  The Iraqi dinar has increased in value against the US dollar.  What else is all right?  Me predicting that the … Continue reading →

Sandy Ingram – Dinar Guru   Emergency Breaking News Update.  IQD rate changed to 1300 to 1 dollar.  Hold on the fat lady is NOT singing…the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction … Continue reading →

Nader – Dinar Guru  I told you [yesterday] morning before everybody, before it comes out even in the news.  I told you the dollar was at 1300…it’s not going to be go to sleep and I wake up and I’m millionaire and … Continue reading →

Yada – Dinar Guru   Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the … Continue reading →

Henig – Dinar Guru  Article:  “A foreign newspaper: The Americans contacted the Sudanese more than (ten) times about the exchange rate and the smuggling of dollars”  Quote: “The newspaper said that US officials raised this issue several times with the … Continue reading →

Sandy Ingram – Dinar Guru   Iraq’s prime minister has dismissed the governor of the country’s Central Bank of Iraq and assigned its former chief of the CBI.  The Iraqi prime minister said he dismissed the head of the CBI in an … Continue reading →

Clare – Dinar Guru  Article:   “After dismissing him, the governor of the Central Bank, the Sudanese hints at a decrease in the exchange rate of the dollar”  Quote:  “The Prime Minister, Muhammad Shia Al-Sudani, relieved the Governor of the Central Bank … Continue reading →

RVAlready – Dinar Guru  Article:  “Prime Minister Mohamed Shia al-Sudani decided on Monday to relieve Central Bank Governor Mustafa Ghaleb Makhif from his post”   Article Quote:  “In a measure aimed at rehabilitating the Iraqi dinar and restoring its position in the local … Continue reading →

Nader – Dinar Guru  They said the 1st maybe the 2nd something will happen.  I don’t know what it is.  I wish I know what it is but something is happening.

Samson – Dinar Guru  Article:  “Shafaq News/ The Iraqi ministry of Interior announced the arrest of a group of forex traders on Saturday…A source told our Agency that the security forces were tracing a “gang of forex traders” involved in “manipulating the … Continue reading →

Sandy Ingram – Dinar Guru  Urgent Urgent news…it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the International feeds coming out of Iraq…it appears the … Continue reading →