Dinar Observer Daily

Pimpy – Dinar Guru  When I tell you there’s a difference between “nominal value” I’m just talking about the way the bank notes look.  It’s what the government says that piece of paper is worth.  That’s what the nominal value is.  There’s a difference between the nominal value and the exchange rate.  Don’t confuse the two.

Militia Man – Dinar Guru   Investors are going to see the emerging market aspect of Iraq is a no-brainer especially with the largest financial institutions…energy companies in the world there.  I think markets see growth and when they see growth they get FOMO, fear of missing out.  Timing of this could very well be in Iraq’s best interest because it’s going to have a very big…positive impact especially if they get this done by the end of the year.  It’s probably going to make the market really happy.

Clare – Dinar Guru  Article: “Saleh: Economic diplomacy opens up prospects for diversifying the Iraqi economy and strengthens its position in global markets”  Quote:  “The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Tuesday that economic diplomacy has opened up broad horizons for diversifying the Iraqi economy…These are steps that will enhance Iraq’s international position, reduce the fragility of its rentier structure, and build a diversified economy that is more capable of facing economic fluctuations in the world.“

Mountain Goat – Dinar Guru   So, the U.S. ambassador is now in Iraq and the U.S. president’s envoy Savoy is due to arrive soon. What will they talk about? …it is going to be about the demands of the U.S. for security concerns with the Iranian backed militias still stationed in Iraq. The message is still the same – get them the hell out of Iraq!  Article:  “WASHINGTON CALLS ON BAGHDAD TO DISMANTLE “IRANIAN MILITIAS” AND AFFIRMS ITS COMMITMENT TO WORKING WITH IRAQ“  …the Iranian militias are a problem and must be dealt with.  However do they need to do all this ‘dismantling’ prior to the reinstatement or just have a solid, agreed upon plan in place? All we can do is pray that this is the case of having a plan in place, committed to and then let the RV go.

Militia Man – Dinar Guru   They’re not speaking a lot louder in what they’re doing and that’s understandable.  They’re not going to tell us exactly what they’re doing but they’re being a little more vocal about it...

Kaperoni – Dinar Guru   Article:  “Samir Al-Nassiri: The banking reform plan is being implemented successfully according to its timetable.“

Pimpy – Dinar Guru   [Iraq] can do whatever the hell they want.  Trying to make claims that they can’t keep moving forward with this low of an exchange rate is a lie.  They’ve been doing it for 20 years…Trying to tell people they can’t be on the World Trade Organization with this type of exchange rate is false.  Looks at Vietnam, they’re a member of the World Trade  Organization and their exchange rate is way worse than Iraqi dinar.  So don’t say because of this, they can’t keep their exchanges rate that low because they can.  Now I’m not saying they will.  What I’m saying is the reasons you hear out there…is just bullshit and lies.

Jeff – Dinar Guru   Hold your position guys.  We’re in a very good potion.  Where you should focus your attention on, what they’re withholding from you, their biggest secrets. That right now is the ’25 budget data.  When are those schedule going to Parliament?  That’s where you should put and direct your focus, right there.  The reason why they’re withholding it is because it’s the lynchpin to the timing of the rate change and it’s close to happening.  They will bring that data forward with very short notice.

Clare – Dinar Guru  Article: “U.S. Congress Links Iraq Security Cooperation Funds to Restrictions on Iran-Aligned Militias” Quote: “the U.S. Congress has introduced rigorous new conditions on military assistance to Iraq, directly linking funding to the suppression of Iran-aligned militias. The National Defense Authorization Act (NDAA) for Fiscal Year 2026, designated S. 2296, contains provisions that would freeze half of the funds allocated for the Office of Security Cooperation in Iraq (OSC-I) until the Iraqi government demonstrates credible steps toward disarming rogue factions and asserting the exclusive authority of the state.“

Militia Man – Dinar Guru    We can see Iraq is executing… because…they have $112/$116 billion in reserves.  They have 171 tons of gold.  They’re telling you all those things that supports the value of their currency.  They have the new ASYCUDA system…60% of the corruption has been alleviated.  That’s all about money…going back into their treasury.  All of that support the real effective exchange rate.  It’s that ‘Quiet tell’ just like the Bank of International Settlements and Alaq going to the Bank of England getting the nod for that, then the application for it…They’re not blatantly saying, ‘Hey, we’re going to come out at X and we’re going to do something’, but they’re tying it in…

Mountain Goat – Dinar Guru   Article:  “THE US EMBASSY IN BAGHDAD: WE ARE COORDINATING WITH KURDISTAN AGAINST “MALICIOUS” ENTITIES TARGETING IRAQ’S STABILITY”   This does not exclude the revaluation we are looking for coming soon, and in fact it supports it, since the dinar is not losing value. There are just a few more hurdles Iraq must get over. Yes, there are structural issues that need to be addressed not financial or debt issues within Iraq and the CBI has made this very clear on many recent occasions.

Militia Man – Dinar Guru  They’re going to have to have inter-connectivity.  We know about the ISO2022…the Swift MX…Those are big things.

Mountain Goat – Dinar Guru   My…call to Iraq: My contact… told me that the CBI has been told by the Finance Committee to hold off on removing the zeros until the issues with the U.S. around the Iranian saga are agreed to and at least how this will be handled.

Pimpy – Dinar Guru  Down to 90%?  That’s really good for Iraq.  I remember when 96% of their budget relied on oil and when it got down to 94% I was shocked.  But now they’re down to 94% I was shocked.  But now they’re saying 90%, they’re going in the right direction.  That’s good.

Sandy Ingram – Dinar Guru   Great news, Iraq has reached a major milestone in its national development strategy.  Prime Minister Sudani officially opened the first 63km segment of the development road project...a corridor designed to transform the country into a central hub for global trade… This connection is far more than a simple road.  It is the first operational  piece of a strategic trade route that aims to compete with regional shipping giants and connect the Gulf to Turkey, Europe and beyond.  By launching the segment the government has demonstrated tangible progress on a project that experts believe could reshape Iraq’s economic future…making Iraq a competitive logistics corridor…Iraq is actively building the foundations for a diversified modern economy that is less dependent on oil…

Clare- Dinar Guru  Article: “Iraq seeks active membership in the World Customs Organization”  Quote: “Iraq is currently implementing all the required standards, and communication with those organizations has become direct,” stressing that “work is underway to move towards Iraq becoming an active member of the World Customs Organization in the coming period.”

Militia Man – Dinar Guru  Confirmation came on December 1st from Alaq himself.  “The digital dinar project is actively under implementation…”  He didn’t say its under study.  He says it’s under implementation.  It’s a total change.  The digital project is clearly under implementation as part of reforms.

Mountain Goat – Dinar Guru  Article:  “THE CENTRAL BANK REASSURES: COMPREHENSIVE REFORMS AND A SWIFT RETURN OF BANKS DEPRIVED OF DOLLARS”  Quote:  “The bank noted that Al-Alaq reiterated the commitment to maintaining overall price stability by fixing the exchange rate and keeping inflation at low levels, warning that reducing the dinar’s exchange rate would have negative repercussions on low-income groups and weaken confidence in the national currency.”  here is yet more proof… there is NOT going to be a devaluation of the dinar and probably just the opposite in the near future – a revaluation.

Militia Man – Dinar Guru   Alaq told you, told me, told everybody deletion of the zeros is still going, digital dinar is not under study, it’s under implementation…Iraq isn’t just catching up.  It’s integrating into the global financial system on its own term, with a lot of help.

Clare – Dinar Guru  Article:  “Iraq discovers huge reserves of silica sand with a purity of up to 98%”   Quote:   “The Eco Iraq Observatory announced on Saturday the quantities of silica sand discovered in the governorates of Anbar and Najaf, describing it as ‘white gold’…There are quantities estimated at about 330 million tons of sand suitable for glassmaking, and about 577.5 million tons for colored glassmaking, bringing the total to about 907.5 million tons of silica sand explored with a purity of nearly 95%, noting that the price of one ton of silica sand ranges between 100 and 150 dollars…“

Pimpy – Dinar Guru  There are articles in the news almost every single week about Iraq making the decision to change your exchange rate... Article:   “Pressure on the Central Bank to change the exchange rate in interference with its independence“

Mountain Goat – Dinar Guru   It is early December and the CBI may still go ahead with removing the zeros in time for a January release. Oh… but remember it does not have to happen exactly on January 1st as there are thirty-one days in the month. They could also change the plan and remove the zeros in early January and release in late January. There are options…

Samson – Dinar Guru   Article:  “INDUSTRY: IRAQ’S SILICA RESERVES EXCEED 350 MILLION TONS“

Militia Man – Dinar Guru  Iraq is further along than the headlines suggest because that’s what’s taking place in that quiet hush that I talk about.  They’re further along and that’s really powerful…Because those quiet signals…are turning louder because they’re done with the quiet.  They’re over that.  Now they need to start talking about it and they are.  It confirms just how ready Iraq is to get into the international environment. 

Mountain Goat – Dinar Guru   I wish I could tell everyone to go to the bank and exchange your dinar today, but this is simply not going to be the case…All the messages we are getting from the CBI now tell us that January 2026 is still a target for the reinstatement…Yes, there is evidence too but there are also issues that must be worked out for the U.S. to allow it to  progress.

Clare – Dinar Guru   Article:  “The Central Bank of Iraq is developing a plan to increase the country’s gold reserves”  Quote: “Economic expert Manar Al-Obaidi stated…the issue of changing the exchange rate of the Iraqi dinar, which has been widely discussed recently, must be discussed from a “scientific economic” perspective and “away from populist proposals,“

Militia Man – Dinar Guru  Drop the 3 zeros, apply the real effective exchange rate and that’s where the AAD [Arab Accounting Dinar – The official unit of account for the Arab Monetary Fund] comes in and they do a managed float…They’ll be able to defend the currency because they have gold, they have oil, they have all the non-oil revenue streams.  They have all this worked out.

Samson – Dinar Guru  Article: “A DELEGATION FROM MICHIGAN, USA, VISITS BASRA TO DISCUSS COOPERATION AND CITY
TWINNING“

Sandy Ingram – Dinar Guru  There is deep concern that the oil prices have dropped after news of a peace agreement between Ukraine and Russia.  Article: “Oil Prices Sink as Ukraine Agreees to Peace Deal”  This is Iraq’s worst nightmare because the budget and Iraq’s economic well-being is tied to the oil revenue.  When prices drop, that’s serious.  Oil prices dropped to… between $59 and $61 a barrel.  Iraq needs oil to be about $80 + per barrel to be financially secure. Article quote:  “The IMF…the budget break-even oil price has jumped to $84 per barrel.” …$60 is real serious…That peace deal…would provide more oil in the market…a market that is already oversupplied.

Clare – Dinar Guru  Article:  “Savaya receives orders from Trump before heading to Iraq ” Quote: “Mark Savaya, the US president’s envoy to Iraq, stated on Friday that he received his assignment orders from the commander-in-chief of the US armed forces, Donald Trump. Savaya wrote in a post on the X platform that he received those orders regarding Iraq during the meeting he had with the US President on the occasion of Thanksgiving. Trump’s envoy to Iraq did not elaborate on the details of those orders.”