Dinar Observer Daily

Pimpy – Dinar Guru   What we’re hoping they’ll do is make it where the central bank digital currency is being used for digital banking but still allow customers to come in and be able to take out physical cash.  Doesn’t sound like it.  All the articles I’m reading, it’s not going to happen.  So still looking into this because I’m not sure 100% what that means…for people who are holding on to the dinar as an investment.  Are we going to be able to swap it for our cash or do we have to find some form of wallet so we can swap it for the CBDC? 

Sandy Ingram – Dinar Guru  The implications of [the Iran] negotiations extend beyond Iran and Israel…A successful deal could lead to regional stability potentially boosting Iraq’s economy and security…Iraq’s government must…foster positive relations with both the US and Iran.  The value of the Iraqi dinar is also susceptible to the outcomes of these negations.  A successful agreement…could stabilize oil markets benefiting oil dependent economies like Iraq.  This stability might strengthen the IQD… However renewed sanctions or military conflict could disrupt oil exports and regional trade exerting downward pressure on the IQD…The stakes remain high.  

Pimpy – Dinar Guru  We all want the same thing trust me.  You think I want to see them delete the zeros and then change the exchange rate? No, not at all!  I want them to keep the zeros on there and change the exchange rate.  Who doesn’t want to be rich?  I’m just saying to you what is more realistic to happen.  They’re talking about delete the zeros all the time. In addition to that, now their talking about the central bank digital currency which I don’t like…It gives the country way more control over you.

Sandy Ingram – Dinar Guru  Here is another reason we believe something is happening behind the curtains.  First it was Facebook representatives meeting with the Iraqi prime minister and now it’s Elon Musk’s Space X.  These mega corporation would not be meeting with Iraq unless there are mega bucks attached to the deals.

Pimpy – Dinar Guru  Community comment: “Our [Iraqi bank] notes are worthless.”  I wouldn’t say worthless.  Keep in mind we don’t know what the hell Iraq is going to do.  Hold on to them.  Keep your fingers crossed that they leave the zeros on there and change the exchange rate.  The probability is not high but you never know.  Just hang tight and let’s see what’ happens.

Militia Man – Dinar Guru  Article quote:  “Protect investors against certain risks such as political instability, expropriations or currency inconvertibility.”  Isn’t that interesting?  ‘Inconvertibility’.  In other words Iraq’s currency at the moment isn’t quite convertible just yet.  Is it expected to be convertible on the Forex.  I think it is.

Mountain Goat – Dinar Guru  where…are…we…with the RV saga… The choo-choo train is still moving down the tracks quickly. It may make stops along the way, such as to combat money laundering, implementing financial reforms, implementing the Development Road Project, etc, etc.  …Many of these plans are already accomplished, some now in motion and some still in the planning stages…They do not have to implement all of these plans to get there…Later this wealth will sustain the value of the dinar once reinstated…all trains eventually make it to the end of track. This end is coming

Samson – Dinar Guru   Article:   “Among them are Meta and Google.. The Minister of Communications: International companies are interested in the Iraqi digital corridor project“

Militia Man – Dinar Guru  These guys are really gearing to integrate into the international world.  Are they going to do it at 1310?  Well if they were going to why didn’t they do that 2 years ago or back in 2018.  We don’t know.  The bottom line is they probably weren’t going to because it just wouldn’t work.

Clare – Dinar Guru  Article: “Al-Ghariri: Iraq is getting closer to membership in the World Trade Organization.”  Quote: “Minister of Trade, Atheer Al-Ghurairi, announced that Iraq has made significant progress in its path towards joining the World Trade Organization, stressing Baghdad’s serious commitment and transparency in meeting the requirements of this important international process.“

Pimpy – Dinar Guru  A couple good moves in Iraq that’s going to help those who are invited in the Iraqi stock exchange and also do a little bit to strengthen up the Iraqi dinar…If you’re invested in Iraqi stock this is big news for you. Article:  “Iraqi activates the TIR system booking international trade and security says IRU head”  Basically it’s going to help streamline goods being transported on the road.  This is going to be awesome for Iraq’s economy without a doubt.  These are the types of steps we like to see Iraq take.

Samson – Dinar Guru  Article:  “The Central Bank is exploring the possibility of opening branches of Turkish banks in Nineveh Governorate.”

Mountain Goat – Dinar Guru   Article: “ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”.  Quote:  “…This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income…” …Sounds to me that when they ramp up this effort into high-gear, Iraq could see this revenue stream almost, if not equaling the oil revenues. So, again we see Iraq beating it’s chest as they are proud of their wealth…Basel requirements state the currency should reflect the value of the assets of that nation…All I can add is WOW! 

Pimpy – Dinar Guru   Another one I heard is they cannot become a member of The World Trade Organization unless they change their rate.  That’s false…The World Trade Organization cannot tell another country what type of exchange rate to have.  Every country is under their own sovereignty…Their central banks decide the exchange rate where it’s going to be free flowing or fixed.  If it’s fixed they determine the rate but if it’s free flowing the market determines the rate of their currency.  So no Iraq does not have to change their exchange rate because the World Trade Organization thinks it’s too low.  That’s false.  Vietnam is a member of the World Trade Organization and their currency is way cheaper than the Iraqi dinar…

Samson – Dinar Guru  Article:  “The Central Bank of Iraq’s foreign exchange reserves increased by nearly $100 billion.”  Quote: “The bank’s foreign currency reserves rose to approximately $98 billion at the end of March 2025.“

Militia Man – Dinar Guru Maintaining foreign cash reserves the country has done a phenomenal job.  They have 160 tons of gold...It covers 140% of their imports and local currency in circulation.  

Militia Man – Dinar Guru Maintaining foreign cash reserves the country has done a phenomenal job.  They have 160 tons of gold...It covers 140% of their imports and local currency in circulation.  

Clare -Dinar Guru   Article:   “PM Advisor: Iraq’s natural resources are worth more than $16 trillion”   Quote:  “Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its gross domestic product (GDP) sources by expanding investment in the mining sector, He noted that the value of Iraq’s natural resources exceeds $16 trillion.“

Sandy Ingram – Dinar Guru   Iraq has been under increasing pressure to adopt…anti-money laundering and anti-terrorism financing rules.  The United States insists unless Iraq fully complies with these standards, dollar transactions will remain restricted.  The restriction on dollars is causing the IQD to fluctuate…More US dollars have ended up in the hands of Iranians.  The Trump administration is bent on eliminating Iranian influence in Iraq by any means necessary.  The Iraqi Prime Minister asked that the banking upgrades be made as quickly as possible…The parallel market rate is the cost of living rate for the Iraq people.

Pimpy – Dinar Guru Iraq still needs to continue to grow and getting away from relying on oil so much.  We saw some growth in that area.  We saw the percentage move from 96% reliant on oil sales in order to fund their government, I just saw it the other day, 92%.  That’s a huge drop in reliance on oil but they still got to continue because any major shit in the oil prices could really screw Iraq big time.

Samson – Dinar Guru  Article: “Economist: The dollar’s decline improves citizens’ living standards and monetary policy.” Quote: “Economic expert Salah Nouri confirmed that the continued decline in the dollar exchange rate carries with it multiple positives that are directly reflected in the lives of Iraqi citizens…The decline in the dollar exchange rate leads to a significant decline in import costs, which positively impacts commodity prices in local markets... Citizens will be able to purchase larger quantities of goods, especially basic food items and medicines, which will help alleviate their living pressures… The  economic expert emphasized that this decline reflects a clear improvement in the monetary policy pursued by the Central Bank of Iraq, noting that it contributes to reducing dollar acquisitions and speculation, thereby enhancing overall economic stability in the country.“

Militia Man – Dinar Guru  It’s been many month, a long time, that we’ve heard any talk about the World Trade Organization but they’re doing it again.  I don’t think that’s a coincidence.  It’s obvious Iraq is pushing to go and integrate into the international financial system...All of this is coming together quite beautifully.  Article Quote “Iraq has made significant progress towards joining the World Trade Organization.” …Integration is inevitable as far as I can tell.

Clare – Dinar Guru   Article:  “Iraq is moving closer to WTO membership after completing comprehensive technical responses.”   Quote: “Trade Minister Atheer Al Ghurairy revealed that Iraq has made significant progress on its path to joining the World Trade Organization, affirming Baghdad’s serious commitment and transparency in meeting the requirements of this important international process.”

Pimpy – Dinar Guru  Just because you have a 25,000 note and all of a sudden they change the exchange rate to go with the new notes that doesn’t mean you get to bring in your old 25,000 dinar and go, ‘Aha, I want the new exchange rate…’  They’re going to go, ‘No. We’re going to take your zeros off and then multiply whatever the new rate it.’  That’s what they’re going to do. Don’t get excited about having the old notes if they do introduce new notes.  What we want to see happen is them to increase the exchange rate and not touch the notes, leave them the way they are with the zeros on there.  That’s what you want if you any hope whatsoever of making a lot of money.

Clare – Dinar Guru  Article “Experts: Liberation from the rentier economy occurs through modern banking.” Quote “Banking, academic, and legal experts predict that Iraq is on the path to a radical banking transformation that will transform the national economy from its dependence on oil to a diversified and sustainable capital market.”  

Sandy Ingram – Dinar Guru  We have reason to believe we will see a rate change in the IQD much much sooner than a rate increase with the VND…

Samson – Dinar Guru   Article:  “TRADE : IRAQ HAS MADE SIGNIFICANT PROGRESS TOWARD JOINING THE WORLD TRADE ORGANIZATION“

Pimpy – Dinar Guru  Article: “Government consultant: Iraq third Arab with bank cards”   Iraq definitely has continued to follow the path they need to get the currency back on track.  For some of us the more important thing is getting the economy going and making that strong…

Clare – Dinar Guru  Article: “Mazhar Saleh: Iraq ranks third in the Arab world in the number of bank cards.”  Quote:  “Iraq will enter the era of fully electronic tax collection by the middle of this year. This will strengthen the confidence of global financial institutions and investment banks that Iraq is moving towards a more transparent and professional economy, using advanced methods that ensure economic prosperity.“

Mountan Goat – Dinar Guru  …we see more of the fruits of Iraq’s labor in combating AML[Anti-Money Laundering] in the article titled “NEW PARTNERSHIP TO CONNECT THE MIDDLE EAST AND EUROPE VIA IRAQ”  Quote: “By working together, we will enhance regional and international connectivity, offering higher capacity, security, and efficiency for businesses, operators and hyperscalers across continents.”   I have to say if they are not about to go international after reading this article, I am a monkey’s uncle…lol…