Walkingstick

Pay close attention.  They’re telling you the  official rate and the market rate of the Iraqi dinar and the US dollar that the gap is less than 4%.  This is big.  The […]

They’re talking about 4% [gap between official rate and the market rate].  I know they’re less than 3%.  That is an IMF mandate.  It is a line item in the budget that […]

[Iraqi banking friend Aki update] WALKINGSTICK: Question  “Do you have the new exchange rate?” AKI: No, I don’t see the new exchange rate yet but my boss has it in Iraq.  I […]

An article is saying that on a daily basis they are moving at least 30 pips, fractional movements, per day of their exchange rate to close the gap between the dollar […]

The ban on dealing with dollar inside of Iraq that’s why the value has been increasing.  Everyone inside of Iraq, all these contractors, everyone is going to use the IQD.  They’re about […]

The IMF is signaling a return to full market-based foreign exchange operations…That was their goal and the monetary reform is reaching it.  It’s all fantastic.

 [Iraqi bank friend Aki update]  …Weeks ago, ‘I’m waiting on the rate‘.  Now we believe he has it and he’s now working on the ISO because [on July 14th] the ISO and Iraqi banks […]

There are no sanctions on Iraq anymore in any way, shape or form.  There are no sanctions.  You have the IMF today giving permission for Iraq to do whatever they want to […]

The HCL belongs to the Iraqi citizens.  They get what’s called a stipend, you get a little piece of it.  But that little piece, along with the purchasing power…will make these Iraqi […]

Question: “They Syrian Central Bank has posed Middle Eastern exchange rates but they did not post the Iraqi dinar today.  I believe they know a change is coming.  What do you […]

[Iraqi bank friend Aki update]  Iraq has been working on the ISO for about two/three weeks now.  They’re telling us it is about to be implemented…on the 14th…Aki was told to go back […]

[Iraqi bank manager friend Aki update]  The bank [in Dearborn] is open. Question “What is the main thing they are doing?“  Transferring.  They’re getting ready because they know the Iraqi citizens are […]

There are a handful of devices protecting the new exchange rate…two printings in the gazette…12-2C… Council of Ministers…Sudani…Salaries that are being guaranteed to be paid to oil companies past and […]

Once the HCL is written into law…then we can see for Sudani to sign this agreement and one of the three presidents. 

The INOC (Iraqi National Oil Company) is now in full control of the oil in Iraq.  Kurdistan has agreed to all of this…That’s is so important.  There’s no problems…fighting…arguments… discussions…Sudani is in […]

Once you see the lower notes, you’re going to see the new exchange rate.  That’s why you’ll see the new exchange rate before you see the lower notes.

Trump shut down Iran with one single shot.  That gave security and stability.  That’s why it’s moving so fast.  Security and stability is alive in the Middle East.  The fear that […]

[Iraqi Bank friend Aki update] AKI:  Three meetings.  The last meeting lasted two hours.  My boss tells me, ‘I need you back at the bank [In Dearborn Michigan] this Monday because we […]

[Iraqi banking friend Aki update]  Question:  “Do you feel Alaq will give us the new exchange rate this month or at least in this quarter?”   AKI:   This is what I have […]

[Iraqi banking friend update]  AKI: The 1310 is dropping dramatically.  The “water cooler talk” is this whole thing will come out as a whole number at the onset, like 1 to 1 […]