Dinar Observer Daily

Sandy Ingram – Dinar Guru   Development Road Project…$17 billion project is an ongoing infrastructure development connecting Asia with Europe by establishing a network of railways, roads, ports and cities.  Iraq will be changed by the DRP in 3 major ways: 1. Diversification of Revenue beyond oil... 2.  Job creation…this employment surge will increase household incomes and stimulate domestic consumption, all of which point to a higher IQD value.  3.  Transportation infrastructure enhancement will reduce shipping times between Asia and Europe making Iraq a competitive alternative to traditional routes like the Suez Canal.   [Post 1 of 2….stay tuned]

Sandy Ingram – Dinar Guru  Here’s the 3 ways the Development Road Project will increase the IQD’s value.  1. Higher  fees from transit fees and trade will help to increase Iraq’s foreign currency reserves.  This will provide a substantial foundation for the IQD. 2. Economic diversification and infrastructure improvements can attract foreign investments increasing demand for the IQD and potentially leading to currency appreciation.  3. A more balanced economy with multiple revenue streams can stabilize prices, contributing to a stronger and more stable currency.  It will also satisfy the IMF’s recommendations for diversified revenue for a stronger Iraqi economy.   [Post 2 of 2]

Mountain Goat – Dinar Guru   Article:  “TOP IRANIAN OFFICIAL SAYS TEHRAN WOULD FORGO HIGHLY ENRICHED URANIUM IN NUCLEAR DEAL WITH TRUMP”  Quote:  “…Iran is ready to sign a nuclear deal with certain conditions with President Donald Trump in exchange for lifting economic sanctions...”  This could finally end the negotiations and the middle east could possibly see PEACE. Most importantly this opens a window wide open for Iraq and aspects of the RV, as I am told by my CBI contact.

Pimpy – Dinar Guru  Community Comment “Here’s the receipts for Trump’s remarks about the USA holding 35 billion dinar.  Go to 2:47 mark.”  A lot of people misunderstand what he’s talking about…What Trump is talking about is the fact that when Iraq sells their oil, the money gets transferred into the account here in the United States.  That’s the money he’s talking about that we have of theirs…He’s just saying in the interview that we have $35 billion of Iraq’s money currently in an account and that comes from the oil sales not an investment. 

Clare – Dinar Guru  Article: “Iraq: Concluding Statement of the 2025 IMF Article IV Mission” Quote: “An International Monetary Fund (IMF)…met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation…A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability…  [Post 1 of 2…stay tuned]

Clare – Dinar Guru   Article quote continued:  “Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system…The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access.”   [Post 2 of 2]

Mountain Goat – Dinar Guru   I have to keep asking just how much longer before the U.S. will sign off on this RV event and allow IRAQ to normalize their currency. We heard a lot of news about the crushing of the parallel market.  We suspect to hear shortly that it has matched the “official” CBI rate. This is coming. …We know the first step to the currency reform of normalization, is the issuing of the newer lower denominations …WE should know it is coming and my CBI contact is on the committee to help orchestrate this event, when the committee is told to go ahead.

Pimpy – Dinar Guru  The more I read about Iraq, the more I read about the reforms taking place in the Iraqi banking system, the more I’m convinced that they’re absolutely positively not going to switch into a paper currency.  No more bank notes.  I think they want to eliminate it all together.  Everything points in that direction.  They’re going to go central bank digital currency.  This is happening all around the world.  

Clare – Dinar Guru  Article quote: “Economic expert Safwan Qusay concluded his remarks by stating that the government is serious about generating revenue from all sectors as part of a future development plan, noting that financial reforms and Syria’s exit from the black market have contributed to reducing pressure on the dollar, predicting that its price will continue to decline to 132,000 dinars per $100.”  

Kaperoni – Dinar Guru   Though many people feel that they haven’t seen any results,  significant improvements in Iraq include the central bank’s efforts to transition to digital. The two-year plan to integrate the banking system with the global financial system is a critical step.

Militia Man – Dinar Guru   Article quote:  “We are expecting a strong and robust economy with GDP growth of 5.3%…The giant strategic projects planned through 2028 confirm Iraq is on the verge of a major economic renaissance.”  That is a big increase…

Pimpy – Dinar Guru   Community comment:  “If the Iraqi government do something like deleted the zeros and devalue the 25,000 bank note down to 25, IMO this will hurt the trust of Iraqi government because they allowed the sale of the dinar understanding that this was an option in recuperation towards the Iraq government economy.”  The Iraqi people don’t give a shit if you bought their currency and invested in it.  It doesn’t look bad on them.  The Iraqi government didn’t make any promises about the Iraqi dinar…If you took that gamble, that’s on you.   [Post 1 of 2…stay tuned]

Pimpy – Dinar Guru  I would call it a devalue because they’re not devaluing.  All they’re doing is changing the way the bank notes look.  So instead of 25,000 dinar, you now have 25 dinar.  That’s the nominal value.  That’s just the way the note looks…It’s not being devalued, it’s still the same…Right now the exchange rate on 25,000 dinar is .00076…you get $19.  When they delete the 3 zeros off the bank notes…they’re going to take the 3 zeros off the exchange rate.  So now it’s going to be 25 x .76 which comes out to $19.  The value of the dinar stays the same.  The bank note, the nominal value, is the thing that’s going to change. [Post 2 of 2]

Fnu Lnu -Dinar Guru  Article quote: “A recent audit and monitoring of company practices revealed that some exchange firms have been charging citizens a commission of 50,000 dinars for purchasing dollars, double the amount stipulated by official directives.”  This is exactly what I’m talking about when it comes to honesty in Iraq. They would rather steal a dime instead of earn a dollar. Theft and cheating has become a way of survival in this country, unjustly accused and excessively punished. It has been two generations since the Iraqis have known normal and everyone tries to best the system. They are not ready to RI/RV the currency until practices are uniform and legit. 

Clare – Dinar Guru  Article: “Net foreign assets at the Central Bank of Iraq decreased”  Quote: “The bank said…the net foreign assets of the Central Bank for the month of January 2025 amounted to 128.97 trillion dinars, a decrease of 1.41% compared to December of last year, which amounted to 130.180 trillion dinars, and a decrease compared to January of last year, which amounted to 140.77 trillion dinars.“

Mountain Goat – Dinar Gur  …the 34th Arab Summit held in Baghdad this past Saturday, May 17, 2025…was a pivotal moment in strengthening Iraq’s regional economic role and consolidating its position as one of the most prominent players in shaping the Arab development map, at a time when it has risen to fourth place in the Arab world in terms of gross domestic product by 2025. This is just yet another ride on the RV choo-choo that Iraq took to strengthen its position even more. If later they are going to present a dinar rate much higher than most, if not all middle eastern countries, they better be able to back it up.

Fnu Lnu – Dinar Guru  Article  “The National Investment Commission (NIC) has announced that over 130 fully approved investment opportunities will be presented at the Iraq Investment Forum…”  Events like this have become commonplace with the IBBC and NIC event scheduled for mid-June. These promoters bring the most prestigious corporations to the world. This Summer is going to be a hot one when it comes to International trade. It should be noted that these companies care not what the exchange rate for the Dinar might be. It is a simple calculation.

Mountain Goat – Dinar Guru  The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened…If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event.

Pimpy – Dinar Guru   Delete the zeros question: “If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange for $75?”  Once they delete the zeros, yes, your 25,000 now become 25 and if it’s an exchange rate of 3 to 1… 3 x 25, your 25 dinar would now be worth $75.  That’s correct.

Militia Man – Dinar Guru  What we’re waiting to see is in fact regional countries have an approval and does the central bank [of Iraq] have everybody’s blessing for what they’re going to do and does the international financial community support that.

Kaperoni -Dinar Guru  Nothing’s going to happen with the Dinars value until Iraq develops their own economy and begins to prosper. Only with the success and growth of their own financial system, economy will the dinar rise in value.

Sandy Ingram – Dinar Guru  What we know: the development road project, manufacturing, oil and religious tourism revenue will increase Iraq’s annual revenues beyond expectations.  What we did not know is Iraq’s tourism industry has already generated over $12 billion in revenue a year.  The mainstream articles never revealed the actual income…  This is another sign Iraq is hiding its actual annual revenue…

Fnu Lnu – Dinar Guru  There are no back screens, redemption centers, alternative rates being offered to special  people...Stay calm and all will be revealed..

Pimpy – Dinar Guru   Article:  “Prime Minister’s Advisor: Baghdad summit took place regularly and Iraq regained its leading role”  This is an important place for Iraq.  They once were the lead over in the Middle East and it looks like they’re regaining their spot…There are big things coming for Iraq and Iraqi people all tied into the economy.  I’m looking forward to seeing Iraq grow…

Militia Man – Dinar Guru  Article quote:  “…There would be an announcement of economic initiatives that would have a development impact on all countries…”  If you change the value of your currency and you start swapping currencies with others, I think it’s going to have an impact.  When they have the ability to adjust the value of their currency, they’re going to have all these countries that will be impacted, on the same page and at the same time.  I believe the summit set that stage because of their approval. 

Mountain Goat – Dinar Guru  I have been told years ago and this still holds true today that when the CBI is ready to conduct the Project to Delete the Zeros in-country, we will not have to guess or spread rumors about it. It will come out in the news…as all Iraqi citizens must know about this event and will know. It will be common knowledge. There is no hiding it. For us investors this is our que to know that of what comes next, the reinstatement.

Militia Man – Dinar Guru  The United States is talking about currency manipulation…When Iraq has a real effective exchange rate, all those trading partners that have…the dinar, are probably going to get an adjustment…If all boats rise with the tide and all those currencies have more value to the United States dollar because they’re adjusted accordingly based on their natural resources, which all those countries have a lot of natural resources, and if they all hold foreign currencies of each other’s currencies, the valuations are going to go up…They’re going to be able to buy more dollars…with less of theirs.  It’s actually a brilliant way of doing things.  That’s why everybody is flocking in [to Iraq].  Because it’s like a lottery for them to some degree.

Mountain Goat – Dinar Guru  Once the parallel market gap is gone and the dollar matches or better (1:1), the CBI official rate of 1320, my contact told me the “official” rate will then revalue. My guess is it will be around 1166ish or better. They might go straight to 1 dinar = $1 dollar even. Was 1166 not the “official” rate of the Dr Shabibi era when in 2012 he announced the Project to Delete the Zeros was targeted for the fall of that year? I think Ali Alaq has a better plan going, better because he can, while in Dr Shabibi era Iraq was still under sanctions.

Militia Man – Dinar Guru  The Central Bank of Iraq and the government have an obligation to teach their citizens about economic reforms…But one of the things they will not tell you is when a revaluation will take place because that’ll go against exactly what it’s meant to do, to have an economic effect.  We can see because of our study, an economic effect is about to happen.  It really looks that way.

Sandy Ingram – Dinar Guru   Article:  “Iraq plans digital currency to replace paper notes”  Iraq’s currency more than likely will be exchanged at the local bank, your local bank, or through Forex market.  However the Central Bank of Iraq wants to go digital first.  The Central Bank of Iraq’s governor announced…Iraqi banknotes will be eliminated and replaced with Iraq’s central bank digital currency.  So yes, Iraq is planning on entering the global market…Here’s the problem…More than likely Iraq will give a deadline or dates when banknotes can be exchanged for digital currency…Iraq or no other country is in a position to exclude legal investors who are holding legal banknotes…How will we exchange our banknotes for digital currency?