Dinar Observer Daily

Militia Man – Dinar Guru   Reforms are not pausing for perfect conditions.  Is it ever going to be perfect?  I don’t think so.  Is it ever perfect here or anywhere for that matter?  I don’t think so anymore.  Not at all.  They’re just moving forward.  That’s all there is to it…building buffers, reducing dependencies and strengthening the foundation for deeper global  integration and manage strengthening of the dinar when they feel prudent. 

Jeff – Dinar Guru  Getting to the position of the rate change, we still have a ways to go…Everything in Iraq takes time…Maliki and Sudani nominated their prime minister candidate.  It’s Al-Zaidi…He has 30 days to form the government, then after that it requires a final formal parliamentary approval…

Stephen – Dinar Guru   The USA is doing a lot of surgical things to make sure that as much Iranian power and as much Iranian influence is out of the country of Iraq. 

Fnu Lnu – Dinar Guru  The up-to-the-minute status…of the IQD is much improved and this status report brings us up to the current date in April, 2026. It looks as if all restrictions on holding, owning, and trading the IQD have been lifted. One would assume there is no obstacle remaining for a revaluation. So what’s the deal? The only impediment is the human factor IE:  The IMF.

Reset Intelligence – Dinar Guru  al-Zaidi prime-minister-designate of Iraq…chairs Al-Janoob Islamic Bank for Investment and Finance.  The same bank the Central Bank of Iraq pulled from the daily dollar auction February 4 2024…Reason cited: dollar smuggling to Iran. Why this name? Why is the IRGC commander shaping the Iraqi PM pick in person, this week, after years of doing it by phone?  Because the dinar auction is the last clean USD rail Tehran has, and it runs through al-Zaidi’s bank.  The regime needs it open through the cabinet vote.  Tehran is putting their bank chair in the PM office and praying for one more month. The phone in Baghdad is ringing. Trump holds the veto. Treasury holds the trigger. Tehran is out of moves.

Sandy Ingram – Dinar Guru   News coming out of Iraq.  Iraq has nominated a prime minister.  This man is new in the Iraqi politics arena and he’s known for business and banking… He is considered to be a technocrat, meaning he has a strong professional background rather than being a career politician … This is good news for Iraqi dinar investors…He is viewed as someone who understands money, economic systems and how to manage large organizations ...Now, as a prime minister designate, he has the task of forming a government...

Clare – Dinar Guru  Article “Monte Carlo: Ali al-Zaidi, tasked with forming the new Iraqi government, received a green light from both Iran and the United States“

Clare – Dinar Guru  Article: “Sources told Al-Watan News: “A red warning from the US has reached Baghdad, containing sanctions that threaten to collapse the Iraqi economy.” Quote “The US administration issued a final warning to the Iraqi government…its repercussions could lead to the collapse of the Iraqi economy…The warning states that in the event of a new confrontation with Iran, or not, any move by Iraqi factions against the United States will be met with strict measures…These measures could be imposed even in the event of a limited attack, such as directing a single drone towards the embassy, ​​consulates, or US bases in Iraq, the Kurdistan Region, or the Gulf States…”

Stephen – Dinar Guru  Everything I’m seeing, all of the steps taken and all of the pressure being put on Iraq, I don’t know what else to say besides the fact that it is exciting.

Samson – Dinar Guru  Article: “PORTS COMPANY : SIX MULTI-TON SHIPS DOCKED AT THE BERTHS OF UMM QASR NORTH PORT” 

Sandy Ingram – Dinar Guru   The Central Bank has been reducing the amount of dinars in circulation.  That one factor should tell you that sooner or later they’re coming for our Iraqi dinars.  Less currency floating around means less pressure on the exchange rate…Iraq still has strong oil revenue…Iraq has been exploring oil by truck out the back door across the border.  Now Iran is allowing Iraqi oil tankers through the Strait of Hormuz… And finally, Iraq has been cracking down on the black market dollar sales.  They prevent the unofficial exchange rate from drifting too far away from the official rate…The central bank is actively controlling supply and demand and access to dollars every single day and that’s the bottom line…The IQD is not a free market currency.  It’s a managed currency.

Clare – Dinar Guru  Article:  ”Angry American messages to the framework’s leaders over ‘loyalty’: The partnership is threatened with collapse.” Quote:  “Washington expressed surprise at al-Walai’s participation in a political meeting dedicated to choosing the prime minister, just hours after the US State Department announced a financial reward of up to $10 million for information leading to him.“

Reset Intelligence – Dinar Guru  Monday morning Iraq woke up outside its constitutional window. The Article 76 shot clock ran out the night before. The Coordination Framework’s consensus name, Iraqi Intelligence chief Hamid al-Shatri, was rejected by Maliki’s bloc late Sunday. Empty bench. Shot clock at zero. Second constitutional breach of 2026.

Mountain Goat – Dinar Guru  …right now, today you can go on FOREX and see the trends for the Kuwaiti dinar…1 KWD is equal to $3.24 USD. Yes, the KWD is the strongest currency in the world. Take a look at the assets of Iraq as they more than double that of Kuwait. Yes, Iraq right next door to Kuwait. Why would anyone doubt that the IQD could possibly come out on a reinstatement at $4.80… 

Fnu Lnu – Dinar Guru  Article:  “Moody’s has changed its outlook on the Government of Iraq to negative from stable and affirmed the long-term issuer ratings at Caa1…The change in the outlook to negative reflects rising risks to Iraq’s credit profile stemming from the conflict in the Middle East, as risks to energy flows and the security situation remain elevated.”  This verifies my contention that the war is and has caused serious degradation of the economic outlook for Iraq.

BGG Response: I almost didn’t post this – but I did, so I could post a response. I don’t see this as a long-term problem. If Iraq is ever to stand on it’s own (and it needs to), Iran has to be dealt with (including the Shia PMUs in Iraq). Better it happens now than later.

The Iraqi PMUs have evolved into a mini-Hamas, Hezbollah, Houthi type Iranian proxy in the region. It appears Washington has the appetite to deal with all of them at once. Further, the President has made it VERY CLEAR Maliki IS NOT an acceptable candidate. Probably not Sudani either. JMHO.

Samson – Dinar Guru   Article:   “IRAQ MAINTAINS ITS POSITION AMONG THE WORLD’S TOP HOLDERS OF GOLD RESERVES“

Dinar Investor – Jeff   Let me tell you how this is going to break down between the Central Bank of Iraq’s website and Forex.  First off, Forex is delayed by 3 days…If you have Iraqi dinar, go to the Central Bank of Iraq’s website to know when the rate changes.

Militia Man – Dinar Guru   Oil prices are rising on supply concerns…The medium and heavy was somewhere around $122.  That’s big…because their budget is at $70.  That’s $50 over.  That’s a lot of money.  At the same time this is taking place Iraq is actively working on alternative routes and domestic production to reduce single point of risk.

Samson – Dinar Guru  Article: “The President of the Republic affirms to the Governor of the Central Bank the necessity of strengthening the dinar and continuing reforms“

Sandy Ingram – Dinar Guru   The Strait of Hormuz…What would happen if and when oil hits $200 a barrel?  The Iraqi budget wouldn’t just balance, it would explode in a massive surplus.  Is this the event that would trigger the IQD currency adjustment?  Iraq’s economy depends on oil and their budget will balance if oil is priced at $70 per barrel.  If oil goes to $150 to $200 a barrel, Iraq’s foreign reserves would double within months.  We already know they have $100 billion in foreign reserve in the United States…This is not a pie in the sky assessment.  This is an assessment global economists can clearly see and now you can see.

Samson – Dinar Guru  Article:  “US STATE DEPARTMENT : SENDING DOLLARS TO IRAQ WAS TEMPORARILY SUSPENDED“

Clare – Dinar Guru  Article: “The President of the Republic affirms to the Governor of the Central Bank the necessity of strengthening the dinar and continuing reforms” 

Samson – Dinar Guru Article: “REUTERS : TANKER ‘HELGA’ ARRIVES IN BASRA TO LOAD TWO MILLION BARRELS OF IRAQI OIL”

Samson – Dinar Guru  Article “THE US DEPARTMENT OF JUSTICE FILES A LAWSUIT TO SEIZE A CALIFORNIA MANSION BELONGING TO MANSOUR BARZANI”

BGG response: That’s not how I read this news… as I understood it, it sounded like the property belonged to (or was purchased by) the U.S. fuel contractor who bribed Barzani. On the other hand, if it is his – fine. Take it. The Kurds might get the idea we aren’t kidding around.

Dinar Investor – Jeff   The closer you get to the finish line, the more misleading you have to expect the news to be.  And that’s what you’re witnessing.

Omar – Dinar Guru   The United States has blocked $500 million in cash delivery to Iraq in order to pressure Baghdad in dismantling the Iranian-backed militia.  We found out today that a cargo plane carrying nearly $500 million in physical banknotes was blocked by the Treasury Department today.  This is the second time that such a shipment was delayed since the Iraq war began in February.  The money is Iraq’s own money.  It is from our oil revenue that the United States has been holding in the Federal Reserve Bank of New York since 2003…Iraq cannot pay salaries, food and medicine without the United States approval of these transfers…

BGG response: This has been on many major news outlets recently. Widely published. Good news.

Clare – Dinar Guru  Article:  “New sanctions package: Freezing accounts and terminating the residency permits of politicians and their families in America and Europe” Quote: “Following the move to block the flow of dollars into Iraq…the next phase may witness…’termination of residency permits’ of Iraqis in Western countries suspected of having ties to Iran… These  measures will not be limited to the United States, but could extend to ‘Iraqis in Europe, Canada, and Australia, including politicians, their families, and their bank accounts…‘ ”

Mountain Goat – Dinar Guru  It appears that there are still some doubters about this investment in the Iraq dinar. With my knowledge and study of the revaluation of the Iraq dinar I do not think, but I know, this dinar is going to revalue soon and it will revalue under the Trump administration. All Chapter VII sanctions are gone as well as all other obstacles except one  including the OFAC sanctions which limits trading of the IQD, meaning it is not yet on FOREX or other currency trading platforms. This is the last step and this step is going to happen soon as it has to for the Trump plan for Iraq to get investors flocking into Iraq.   I am not saying it will happen tomorrow but my CBI contact recently told me they are already conducting the re-education phase to make citizens aware that this removing of the zeros is coming. Why would they do this now again?  My contact is on the committee to roll out the lower denominations when this even occurs. Do not get discouraged…

Samson – Dinar Guru  Article:  “GLOBAL OIL PRICES RISE, WITH BRENT CRUDE REACHING $104 PER BARREL“

Reset Intelligence – Dinar Guru  On Thursday in Baghdad, parliament extended its own term by 30 days.  Surprise level = zero.  Every Iraqi cabinet formation since 2005 has missed its constitutional clock. The 2018 cycle ran eight months before key ministries were filled. The 2022 cycle ran more than a year before a government stood up…The room parliament walked back into is the one that matters.  The 2026 budget is closed…Article 24 blocks new borrowing until a seated parliament passes a law. The oil-proceeds cash pallets through the Federal Reserve Bank of New York are halted. Reserves stress was signaled on Iraqi state television this week. That corners the CBI to two levers: draw down reserves, or reprice the dinar. One of those got a signal this week.  The other did not.  Well not yet anyway…