Pimpy

When they do change the exchange rate, if they do, they’re only going to restore the old rate.  Not the $3.22 rate…the rate they had prior to this rate which […]

When it comes to Iraq we’re always taking one step forward and three steps back…There’s problems with the currency auctions…they just can’t seem to get it together…the Federal Reserve has […]

The lower the amount of dinars for every dollar the better for us.  We want to go all the way to the point where you get more US dollars for […]

I’m not saying it’s not going to change come this budget, mostly likely it won’t because the Central Bank said this is the rate it’s going to be for the […]

There is a lot of talk once again about the change in the exchange rate.  I think some people are misinterpreting what they’re reading… Article:  “Government official: Dollar exchange rate […]

When it comes to this new government in Iraq it is moving quickly and I mean very quickly.  Not just locally but internationally…

There’s some interesting developments involving the exchange rate.  I was impressed when Al-Kazemi was prime minister but I’m super impressed so far by the speed in which Al-Sudani is moving…

Every time I read the news…it’s not like I’m standing around clapping, going ‘oh, good I gotta wait even longer to see any kind of real change in the exchange […]

I can’t see them doing any kind of exchange rate on this budget.  What do I think Iraq will do now? …Find as much [stolen] money as possible.  Get back […]

Article: “Central Bank of Euphrates News:  No denomination will be withdrawn from the Iraqi currency, and the 20,000 is in the process of being designed”  I like the fact that […]

Article “Al-Sudani announces the recovery of large sums from the theft of the century”  The smart thing the government should do is turn around and have new dinars created (I […]

Article:  “The State Administration Alliance decides to activate Article 140 of the Iraqi constitution”  …Al-Sudani has now activated the Article 140 which has been dormant since 2014.  What that means […]

Article:  “The State Administration Alliance decides to activate Article 140 of the Iraqi constitution”  …Al-Sudani has now activated the Article 140 which has been dormant since 2014.  What that means […]

Article:  “Al-Sudani announces the recovery of large sums from the theft of the century”  …over 2.5 trillion dinar has been stolen.  They recovered 182 billion of it.  In your wildest […]

The whole talk about the change in the exchange rate seems to have died down.  Like I said before, unless it comes directly from the Central Bank of Iraq all […]

The whole talk about the change in the exchange rate seems to have died down.  Like I said before, unless it comes directly from the Central Bank of Iraq all […]

Article Quote:  “The Ministries or Finance and Planning are serious about completing writing the draft budget for 2023…we believe that it will send it to the House of Representative early […]

Article Quote:  “The Ministries or Finance and Planning are serious about completing writing the draft budget for 2023…we believe that it will send it to the House of Representative early […]

I still hear that there’s people out there talking about the rate changes going to be in the budget, here’s my thing, until the budget comes out we’re not going […]

The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row.  If they can do that then …they will see an […]

The World Bank basically laid out what it is Iraq needs to do to get their ducks in a row.  If they can do that then …they will see an […]

Article quote:  “The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project – In addition with […]

Article quote:  “The absence of the approval of the 2022 budget has hindered taking advantage of the rise in oil prices to implement new investment project – In addition with […]

Does it benefit Iraq to have a higher exchange rate?  No, not right now.  They have to rebuild.  They have to rebuild their private sectors.  They have to rebuild their […]

They’re not going to tell people when they actually change the rate…they’re not going to announce it.  It’s illegal for them to do this.  What we see is a lot […]