Sandy Ingram

Zimbabwe only gave people three weeks to exchange the old bank notes or the new Zigg currency that went up to 8 or 9 cents.  If we can get that […]

What is JP Morgan doing in Iraq?  One of the most powerful banks in the world is making moves in Iraq.  We’re talking about JP Morgan Chase, a banking giant with […]

Can Americans exchange Iraqi dinars in the United States?  As of today, yes.  However if there is a reprinting of the currency, maybe no.  We don’t know…When and if Iraq reprints […]

This is how we know the Iraqi people want a higher valued currency…The category of people that hold up the country is the small business men and women.  They employ […]

I always knew there were licensed IQD money brokers in the United States but I didn’t want to rely on them and I don’t want you to either…because when the […]

Why are we watching the VND and the IQD? Sandy Ingram: Because Vietnam is becoming an increasingly important player in the global economy and Iraq is already an important player.  […]

The devaluation is a setback for everyone hoping for a stronger IQD in the immediate future.  However it does not necessarily mean the currency will remain weak permanently or indefinitely. […]

The term devaluation and redenomination are often mixed up…What happened October 2026 was a devaluation…an official act to decrease the value of a currency against other currency.  In this case the […]

This isn’t speculation.  This is what the documents and data show…The Iraqi people have stopped buying and the shop owners are complaining about the currency devaluation… This devaluation allows the […]

Very good news.  Here’s what the research is saying.  You’ve got thousands Iraqi dinar banknotes tucked away.  This has been going on for years…We’ve all be waiting for a currency […]

VES investors should pay attention to what is happening in New York.  Venezuela has not announced a revaluation of the Bolivar and the currency is actually continuing to weaken, but […]

Don’t let the currency set back destroy your long-term outlook.  Iraq is a nation with tremendous natural resources, economic potential and opportunities for growth.  A currency’s weakness today does not determine […]

The thing I’m concerned about now…there is talk of requiring those of us holding Iraqi dinar banknotes…to satisfy SWIF requirements.  Meaning they want a track record or proof or documentation […]

This is the real problem.  The official central bank rate has stayed at 1310 to 1 US dollar.  Baghdad’s parallel market was 1573 dinars per dollar…That’s 20% more expensive than […]

US troops left Iraq…This was a historical moment but almost immediately another question moved to the front of the conversation.  The Americans left Iraq but what about Iran?  What happens […]

Sandy Ingram: I believe there will be a currency adjustment and I think it will be in our favor.  However I also believe Iraq will control this decision on how, when, […]

It doesn’t take a Harvard degree to understand that if the exchange rate is $3 to 1 dinar the small country of Iraq would go broke.  What these numbers tell us […]

Vietnam’s strong exports, foreign investment, manufacturing and foreign currency reserves help support the dong. However, Vietnam does not want its currency to increase rapidly, if at all…A significantly stronger dong […]

Baghdad is turning the old September 30th deadline into the beginning of a larger disarmament process, rather than the date by which everything must be finished.  Baghdad is preparing a […]

The Iraqi prime minister is in New York for the UN General Assembly where the militia issue is one of the biggest topics surrounding his visit.  He’s already met with […]

Iraq’s Prime Minister is preparing for a high-level visit to the Untied States and this trip could help shape the next phase of relations between Baghdad and Washington…During his visit […]

The Central Bank of Iraq is releasing information to Iraqi citizens because the official IQD rate is much weaker than the market rate.  It is the weakest it’s been in 2.5 […]

Here’s our problem as IQD investors.  If and when Iraq reprints their currency how will we  exchange our bank notes for the new currency?  …Reprinting the currency, removing the zeros, […]

Sandy Ingram : The Venezuelan Bolivar continues to lose purchasing power despite some improvement in inflation.  The official BCV exchange rate reached approximately 820 bolivars per US dollar… August inflation […]

The United States holds a powerful financial lever.  All of Iraq’s oil revenues are held through the Central Bank of Iraq’s account at the Federal Reserve Bank of New York.  This […]

Iraq has a huge, large, big problem, trouble… Article:  “US warns Iraq: Disarm Militias by Sept. 30 or dollar transfers stop”   Iraq got a financial ultimatum that is hanging over its […]

A country attempting to strengthen its currency and attract international investment needs security, political stability, functioning institutions and protections of its economic infrastructure.  Iraq is now moving towards taking greater responsibility […]

Re-denomination changes the numbers [on the notes].  Revaluation changes the exchange rate…The words, ‘deleting the zeros’ does not by itself mean the Iraqi dinar is about to experience a major […]

I have not found an official central bank decree approving the deletion of the zeros.  We do not have an official implementation date.  We do not have an official adopted […]

There is no official announcement   saying deleting the zeros would increase the real  purchasing value of the Iraqi dinar.  :Sandy Ingram