Jeff

They’re openly telling us they’re getting closer to getting the budget schedules to parliament for approval but to do that they’re waiting for the rate to change first…It’s very good […]

PM Sudani went to the UK Britain to put together a massive trade MOU agreement worth billions of dollars, a very large trade agreement.  It definitely will require the rate […]

 The government and parliament finished everything they needed to towards revaluing the currency bank as of September 28th.  That was their last productive real session of parliament.  That’s why to you […]

In order for parliament to approve those [budget schedules] the rate needs to change first…The fact that they did the second reading on only article 12 of the budget, that’s […]

‘Enhance integration into the national and global banking markets.‘  That’s why this is waiting for the rate to change.  You have to have an internationally convertible recognized currency first, then they […]

They’re bringing the budget off the shelf…I told you the budget would stay on the shelf collecting dust until they’re about ready to revalue.  From October 8th to now the budget […]

[Passing laws] is not a required step for the rate to change.  If they continue their typical pattern and trend where they can’t achieve a quorum or they have too […]

 Iraq’s ’25 budget still in the works with the government expected to send the budget tables to the council representatives in early February.  The rate needs to change before that guys.  […]

January is a very critical month for the rate change…Shabibi back in January 19, 2012 did a four-point rate change from 1170 to 1166…

Up Until, through the end of September…was the government’s busiest time period for having and holding sessions of parliament, getting record steps done, all in preparation for them to revalue.  […]

What they’re doing is selling US dollars to pay for and fund imports coming into Iraq…What they’ve done with this new transfer system is they’ve made backend changes that are […]

For them to approve the oil and gas law is absolutely waiting for the rate to change…Two very critical articles now saying they’ve magically reached an agreement on the Oil […]

Iraq’s critical laws at this point are waiting for the rate to change.  Iraq has not held a session of parliament since September 28th…Critical laws, not draft laws, are waiting […]

Nope, they haven’t stopped [the “auctions”].  They’re resuming.  They sell U.S. dollars daily abroad…because Iraq doesn’t have a tradable currency.  These remittances will continue until the rate changes.  The only real […]

There’s a lot of rumors…talking about how the rate might change on January 6th.  Disregard that.  I can promise you the rate is not changing on January 6th.  I’m going […]

The auctions have completely turned to normal…Absolutely nothing has changed, everything has returned and restored back to normal…Even though the auctions are normal the significant step in this is the […]

The currency auctions prior to the beginning of November were averaging around $250 million daily…Since November… they’ve remained elevated about $280 to $300 million daily…They’re emptying their coffers of the […]

A fair amount of people think the auctions have ended.  This article right here will crush and destroy that theory.  Article: “The central bank sells more than a billion dollars […]

One of the things the central bank is stating they’re going to do is…end that old electronic transfer system that exclusively works with the dollar and transition to a different […]

They’re implementing their banking reforms.  You have no idea how close you are to this rate change.  This is Iraq implementing their banking reform right in front of us.  The […]

[Response to Militia Man 1-3-2025 Post below] They had a currency auction today.  Total sales [abroad] $283 million, 7 banks participated…Nothing has changed…The Central Bank is still having currency auctions… Above mentioned […]

We need to wait and see if they continue to have currency auctions.  That’s an important piece…Today’s news suggests the currency auctions have officially ended…If the currency auctions have ended […]

They put two different articles… states two different things…They said they were going end the use of the dollar and the currency auctions by January 2nd.  I don’t think that […]

Article:  “With the beginning of the new year, the US dollar enters a new phase in Iraq”  They’re trying to tell you here is the currency auctions and the use […]

This news about Iraq to end the dollar currency auction by the start of 2025 probably is not credible accurate news.  We won’t know till until January 2nd if they […]

Iraq’s been saying through the course of this year that they’re going to by the end of this year end the use of the dollar …Iraq is stating they’re going […]

The second half of December was a very critical period to Iraq.  Why?  During the second half of December is when Iraq pauses and suspends their credit and lending practices which […]

Many have asked, What’s taking Iraq so long?  Why haven’t we seen the rate change?  A lot of that is intertwined and connected to what’s happening with the US government… […]

Article:  “Iraq presents to the US Treasury date for abandoning the currency auctions”  The auctions will end or be abandoned the day the rate changes.  The rate will change on a […]