goat

no one…can tell you the date of the RV?  In fact, I don’t even think the CBI knows until they get closer.  But what I do know…is that the CBI […]

…when I read the 2011 Dr Shabibi plan for the reinstatement process…He told us then that the de-dollarization is critical in Iraq’s currency reform process. So, it sounds to me […]

…the VALUE and RATE of the dinar are two different issues. Yes, the RATE should reflect a true VALUE but it does not today. They know it and we know it.  Iraq […]

… we have learned that the CBI is targeting a new revalued rate for the dinar of 1132 from 1320 and very soon…this is their target, and we know now […]

I do not believe the RV will go right away once the CBI gets the green light…they would RV first in-country and restrict it to Iraq. At that time, it […]

I do not believe the RV will go right away once the CBI gets the green light…they would RV first in-country and restrict it to Iraq. At that time, it […]

 …We wait for more news on the progression of the currency reforms being instituted by the CBI and the coming second “official” rate change to around 1000. But they are not […]

 …the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules…  an interview […]

In summary the process begins in Iraq with the project to delete the zeros. Once they complete this project they must wait and watch for inflation (1 -2 weeks), then […]

I…want to remind everyone again that when they do decide RV they must follow “the process” already set up to do it as I was told in 2011 by   Dr […]

Common sense dictates that the US will have to let go eventually and allow the full impact on Iraq of getting out of Chapter VII and freeing up their oil […]

the BIG, BIG news…I quote- “the technical advisor to the Prime Minister, Muhammad Sahib al-Darraji, confirmed that Iraq did not actually come out from under Chapter Seven, indicating that the […]

Article:  “CENTRAL BANK THREATENS EXCHANGE COMPANIES WITH UNPRECEDENTED MEASURES”  Quote:  “The Central Bank of Iraq issued new directives that included strict measures on exchange companies, reaching the point of withdrawing […]

…in the news this period, the International Islamic Bank (IMTB) in Iraq has announced the signing of a strategic partnership with CR2, with the aim of developing banking services. This […]

…in the news this period, the International Islamic Bank (IMTB) in Iraq has announced the signing of a strategic partnership with CR2, with the aim of developing banking services. This […]

…If you were around a decade ago…remember that the CBI governor back then, Dr. Shabibi, he was able to stabilize the rate of the dinar at about 1166. I firmly […]

In today’s news the CBI tells us that on Thursday (August 3, 2023), the Central Bank of Iraq revealed new decisions that will be issued next week to reduce the […]

  This week I had an interesting conversation with my CBI contact in Iraq. I was told to expect yet another “official” rate change of the dinar from the 1320 rate. I […]

  Article:  “DELETING ZEROS AND PRINTING A NEW CURRENCY WILL RAISE INFLATION”  We have read articles years ago that a German firm was contracted to print the newer lower denominations and a […]

There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar […]

There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar […]

I know for a FACT they must reinstate the dinar to satisfy their plans to revive Iraq and make it hub for the middle east. This is their plan and […]

The VERY good news…is that the honest Iraqis are waking up and it will very soon become public knowledge that they MUST liberate the dinar and this is the real […]

The VERY good news…is that the honest Iraqis are waking up and it will very soon become public knowledge that they MUST liberate the dinar and this is the real […]

Am I going to…give you what I heard from the CBI myself this week. Nope!…Until I see stronger evidence of a move by the CBI and not just words I […]

Am I going to…give you what I heard from the CBI myself this week. Nope!…Until I see stronger evidence of a move by the CBI and not just words I […]

The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday, measures that will contribute to the stability of the exchange rate, and…he also pointed out that the new proposed […]

Well the RV has not yet happened in Iraq nor has the reinstatement of the dinar. As far as the banks are concerned there is still the US Treasury OFAC […]

On Thursday, the Central Bank of Iraq issued instructions to all licensed banks and non-bank financial institutions not to deal in dollars with 14 of the Iraqi banks.  I can […]