Jeff

The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political […]

The central bank and the new government are working together as a team.  They’re trying to create  stability.  The government itself is trying to remove what has been long-term political […]

This new prime minister is a lot more aggressive than his predecessors…Can the new prime minister move an inch without changing the rate at this point?  Where does the rate change […]

Jeff   As long as the US Treasury has removed Iraq from their OFAC sanctions list then all the banks within the United States will start exchanging the dinar.  IMO when Iraq […]

Question: “Are all countries going to revalue at the same time?”   I believe the Iraqi dinar is the only currency that’s going to revalue.  I personally don’t believe any other countries […]

Now that Iraq has competed the formation of their government and sworn them in, now that the Clarity Act finally got approved because the rate change is right here in […]

Question: “Do you think there will be a set time limit to exchange?” Absolutely. About three months.  They’ve already done that historically, twice. : Jeff 

The million dollar question – How soon could the rate change?  Because Iraq has now finished everything they needed to, to be eligible and ready to revalue…What’s the soonest?  …The rate is only […]

They’re about to revalue, jump into the international world, expand local domestic trade, all that.  Getting everything ramped up, jumping into more of a digital era banking reform.  They’re jumping out […]

100+ trillion dinar physically outside of Iraq…The central bank doesn’t give two craps about it pertaining to the rate change…Here’s its purpose…Basil III states countries can use foreign currencies to […]

Question:  “How much time after the government is formed would the rate change happen?” It could happen within a few days to within the two closest weekends… : Jeff 

A ‘formed government’, I didn’t say completed, I said ‘formed government’ would allow them to be eligible to revalue the currency…They need a majority completion.  13, 14, 15… somewhere in […]

They don’t need the entire cabinet 100% approved.  Just the  majority of the cabinet needs to be voted in, or half.  There’s 22 ministers.  Half is 11…I’m thinking they’re probably […]

Sometime in this new week is when they plan to set and schedule a date to complete the government formation.  We don’t have a hard date yet.  Most of the articles […]

The HCL for final approval is waiting for the rate to change because they need to add it to the constitution in order for them to make payments.  :Jeff

We’ve had a lot of false alarms in this.  I will admit that.  Part of the reason why we’ve had a lot of false alarms, for one, this is a […]

The size of a country’s currency notes are based on how high or low their inflation is.  So ‘deleting the zeros’ phrase and statement is based on a country’s inflation… […]

The news just keeps getting better and better going into next week.  Next week looks amazing – all the way to possibly having a formed government by…Saturday of next weekend […]

Iraq’s budget is waiting for the new government to be formed because it’s waiting for the rate to change.  That’s where we’re at in this right now. : Jeff

Historically Iraq has always been slightly above Kuwait.  Today Kuwait’s about $3.25…What brought the value of the currency down was sanctions.  What happens when you take those sanctions off?   If it reinstates […]

They are planning to prepare and set the stage to revalue the currency right in front of our faces, which is awesome and amazing. : Jeff 

Not every position [of the new PM cabinet] has to be filled.  They just need a majority completion approval in parliament. :Jeff

I live in the world of digital security…digital security based automated systems is what I do.  Very computerized.  I work in the world of automation…Security is always on my mind.  When […]

The government formation is much farther along than we should have expected… Article:  “60% of the ministerial lineup for the new government has been completed”  …Very good to see they’re […]

Community Comment  “I’m seeing people say banks still won’t take it after it revalues.”  Banks will take it…once the US sanctions come off.  The US sanctions are nothing more than a form […]

Things are looking very good.  Most likely during next week to announce the lineup of the ministers and have it ready for a vote as well within two weeks.  If they […]

Question:  “Are they still working on ‘deleting the zeros’?” Deleting the zeros does not mean anything regarding the exchange rate.  What it means is they have currency notes with three […]

The United States is the last final only remaining country that still has sanctions on the country of Iraq.  Notice how Iraq’s new prime minister nominee is a “Trump Jr.”.  […]

Question: “You don’t think it’s going to float?” It’s going float but it’s called a managed float, which is really plus or minus 10% per day.  It’s not going to […]

Notice how as they’re getting close to forming the government they’re talking about the banking reforms and a digital transformation?  Hmmmm.  Along with the ’26 budget?  Hmmmm.  Yeah, because the formation of […]