Dinar Observer Daily

Clare – Dinar Guru  Article: “Trump: A nuclear agreement with Iran is close, and negotiations are progressing positively.” Quote:  ” ‘I think we’re moving very well on reaching a deal with Iran,’ Trump told reporters in the Oval Office. ‘There’s a deal on the way, and we may see a very good resolution. It will save a lot of lives.’ “

Militia Man – Dinar Guru  It’s highly likely Iraq would not ever have accession [into the WTO] without having a real effective exchange rate with an international compliant currency.  I just don’t see that ever happening because if they were going to do that they would have already have done it but they haven’t yet.  That is a key component.

Militia Man – Dinar Guru   Article quote:  “The World Gold Council announced Iraq would rank 28th globally and 4th in the Arab world in gold purchases and reserves in 2025.  This confirms the central bank is proceeding steadily to achieve the objectives of monetary policy and reducing inflation, controlling the general price level, controlling the money supply, maintaining the dinar exchange rate within the target rate for the public and continuously monitoring and analyzing the interest rate set by the central bank…”  Iraq is clearly doing the things right…Whether she’s at 1310 today or a new fresh real effective exchange rate, she has the tools used now that will do the same in the future…

Pimpy – Dinar Guru  I have 5 million dinars.  Obviously if they delete the zeros that now becomes 5,000 dinars. If they do reinstate the rate that give me $15,000.  I don’t think I paid $2,000 for all my dinar…For me that would just be ‘play money’…Take that $15,000 to Vegas would do me good…

Sandy Ingram – Dinar Guru  One thing is for sure, with Iraq’s announcement of its $16 trillion natural resources, Iraq is holding its own.  Sooner rather than later we will all understand that Iraq’s currency will become more valuable.  They are playing with the big boys now…

Fnu Lnu – Dinar Guru  A current article from the WTO website shows us where Iraq is in the accession plans lie.  Basically there are two main issues now.  Article:  “The Chair invited Iraq and WTO members to intensify bilateral negotiations on market access”  this process is nowhere near completion with meetings scheduled well into the Summer and most likely thereafter.  Accession to the WTO is another event that has been tied to the RV when there is no real reason for such a speculation or analysis.  If that is what you think we are waiting for, then settle back and wait until summer is over and I’ll update again after the roundtable meetings.

Militia Man – Dinar Guru  Article:  “What are the real reasons behind the delay in sending budget tables?”  So, the cat is finally out of the bag. They are now saying what we could see…Article 12 of the 2023-2024 Budget is being withheld publicly. It is clearly exchange rate related! What they are saying is now in print that the street knows what we know and this is supporting our view…

Fnu Lnu – Dinar Guru  1300 as a REER is a fact. It is being used daily at that rate. 

Samson – Dinar Guru  Article: “Iraq is the second most developed country in the world for oil pipelines.”  Quote “Iraq ranked second globally in oil pipeline development, after China…”

Militia Man – Dinar Guru   It almost looks like they’re having some sort of synchronicity because they have this meeting with a neighboring trading partner, we have trading that’s going to be done in a digital environment and it’s going to have efficiency and transparency and we’re talking about digital payments across the region and across borders.  That’s going to take new technology and it’s going to take what the Central Bank of Iraq has done for the last 10 years…This process isn’t just something that got started two days ago or a week ago…Iraq’s doing this…It’s a global thing.  The impact that Iraq is going to have and other currencies in the world when they all adjust, as [Guru] Petra says, all boats rise with the tide.  A lot of boats are going to start rising.  All this stuff is being synchronized.

Clare – Dinar Guru  Article:  “The dollar continues to decline against the dinar in Baghdad”   Quote:   “The exchange rate of the US dollar against the Iraqi dinar continued to decline on Tuesday morning in Baghdad markets.“  [Dinar Guru Note: It is good for dinar holders when the dollar goes goes down.]

Fnu Lnu – Dinar Guru  Things are most certainly not frozen and Iraq is definitely not at a standstill. I can list a minimum of a dozen new projects each week…The RV/RI is not happening because there is no immediate need…

Mountain Goat- Dinar Guru   Article:  “AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.”   what is holding it up?   Remember the WTO did already tell us Iraq has met all the requirements. They told us this over a year ago.  Does Iraq need a globally traded currency for “full accession”?

Militia Man – Dinar Guru  If you guys see the theme of coordination, cooperation, you see mechanisms…transparency…If you follow through that you can see the stepping stones.  If you want to get down to the ocean front and you’re up on the cliff you got to go go down all those stepping stones.  To get off that cliff, Iraq has been doing that.  They’re down to, I think, the last stepping stone to put their feet in the sand and get a cool swim in the water.  I think it’s going to be a big swim. 

Fnu Lnu – Dinar Guru    It is now being reported again that we are waiting on the REER and BOOM!  An RV…There is already a REER and it is 1300 Dinar to the $1USD. The most recent charts of banking activity and economic reports shows this. It has been unchanged for the last three years. This info comes from official government reports. I have read 84 of them. There is no talk about an RV and there is much talk about reforming the banking sector and stabilizing the economy. As it currently appears, there will be no RV for the remainder of the year. It simply isn’t on the agenda.

Mountain Goat – Dinar Guru  Article:  “TO BOOST THE ECONOMY, THE INTERNATIONAL DEVELOPMENT BANK IS THE OFFICIAL
SPONSOR OF THE IRAQI BUSINESS SUMMIT”   The summit will be held with broad participation from local and international economic institutions and investment companies. I would have to even call this a “WOW!” article.

Clare – Dinar Guru  Article: “Iraq intends to purchase and manufacture 23 cruise ships.” Quote “The Ministry of Transport intends to contract for the purchase and manufacture of 23 different vessels and boats to support the river transport sector and stimulate its movement locally and internationally as part of a plan to revitalize the sector in the country”

Militia Man – Dinar Guru  My view, parliament will never get anything until after the fact.  Once they expose that exchange rate parliament will finally get [the budget schedules]...The central bank is separate from the government.  That’s my opinion.

Sandy Ingram – Dinar Guru   What are the three major demands or requests that the US administration has for Iraq that we know about? 1.  Oil between the KRG and Turkey resumes 2.  Iran backed militants be disarmed 3.  Wants Iraq to stop purchasing electricity from Iran.

Clare – Dinar Guru  Article:  “Arab Bank returns to Baghdad after 80 years of presence”  Quote:   “Al-Sudani emphasized that Arab Bank has been present in Iraq for nearly eighty years, noting that its return today reflects the political and economic stability the country is experiencing.”

Militia Man – Dinar Guru  They’re waiting for government submission.  That’s when showtime happens as far as I’m concerned.  The government, to me, will not expose the budget tables without being ready for inter-connectivity to the international financial system.  That’s my belief.  With all the things that were on the table…oil, non-oil revenues, Iraqi Stock Exchange, international exchange in dinar for cross border payments outside the dollar, it probably won’t happen.  I’m not saying it’s not going to happen I’m just saying they got to do this for it to happen…I can clearly see why the budget schedules are apparently…’delayed’.  I think it’s not delayed.  I think they’re ready to go, have been ready to go…for well over a month or more.  They just haven’t exposed that yet.  Why?  Because of timing and inter-connectivity.

Mountain Goat – Dinar Guru  …No one knows the date of the RV…Our RV is coming but it is all attached to the reinstatement back to FOREX. This is a byproduct of all the reforms.  Iraq is now being methodically pieced back together and the goal is to have a booming economy…My guess, and this is ONLY a guess is that when this Iranian issue is resolved we can expect wonderful things to occur.

Mountain Goat – Dinar Guru  …No one knows the date of the RV…Our RV is coming but it is all attached to the reinstatement back to FOREX. This is a byproduct of all the reforms.  Iraq is now being methodically pieced back together and the goal is to have a booming economy…My guess, and this is ONLY a guess is that when this Iranian issue is resolved we can expect wonderful things to occur.

Clare – Dinar Guru Article: “Iraq awaits economic breakthrough following US-Iran agreement” Quote:  “Economic expert Nasser Al-Tamimi confirmed on Monday (April 14, 2025) that the expected agreement between the United States of America and the Islamic Republic of Iran will have economic benefits for Iraq.”

Sandy Ingram – Dinar Guru    Things have changed.  Iraq is dealing with a new administration and things are different.  The new administration is making demands.  You don’t need a PHD to understand that Iraq has over $100 million US dollars in the U.S. Federal Reserve Bank.  This is all part of the shadow sanctions Iraq is still under after the 2003 invasion.  Iraq does not want to upset the current administration.

Pimpy – Dinar Guru  Every guru out there keeps talking about how great the [Iraqi] economy is.  I don’t deny that at all.  The economy continues to grow.  Iraq continues to grow. They get involved with more and more organizations trying to get involved with the World Trade Organization.  That’s going to be big for them.  That super highway they got building out there, the Port of Fa, all these things are major builders of the Iraqi Economy.  As they fall into place the economy is only going to get bigger and bigger and bigger.

Militia Man – Dinar Guru  Iraq doesn’t have a whole lot of purchasing power at 1310.  But they have an expectation of purchasing power…The deletion of the zeros project is definitely on their minds, especially the tribal leaders in Iraq, which includes politicians.  They’re concerned about the deletion of the zeros project but they’re fully aware of it and that’s where the purchasing power is.  The average guy on the street doesn’t have a whole of dinars.  They want purchasing power because they want prices to come down so they can afford to live.  The wealthy, tribal leaders perhaps, have a lot of cash and they put that cash in the banks.  They think they could get more money in and out of the country…Those folks over there are concerned about their purchasing power.

Clare – Dinar Guru  Article: “IMF: Iraq needs oil prices above $90 per barrel”  Quote: “The International Monetary Fund revealed on Wednesday that Iraq needs an oil price above $92 per barrel to achieve a balanced budget for 2025…The Fund continued, Saudi Arabia needs an average price of $90.94 per barrel, followed by Kuwait at $81.84, Azerbaijan at $73.14, Libya at $70.05, and the UAE is the lowest-priced country at $49.95.”

Mountain Goat – Dinar Guru  …there are still a number of troublesome issues with the left-over Iranian militias. This is still at the root of the problem in Iraq… I am not throwing away all this progress we have seen over these last two years ...things are moving quickly now...

Militia Man – Dinar Guru  Salaries…oil extraction costs…they talk about Paragraph 12C [of the budget]…You’re going to find those two things are related to exchange rate orientation.  They haven’t done these things or finished these things yet.  They’re probably not going to finish them until they actually change their exchange rate.