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Article:  “THE SADRISTS ARE NOW TALKING ABOUT A FORMULA FOR A PRESIDENTIAL SYSTEM, NOT A PARLIAMENTARY SYSTEM”   This is one of those WOW! moments in history of Iraq…I have been […]

Article:  “A NEW PARLIAMENTARY MOVEMENT TO RESTORE THE PRICE OF THE DOLLAR TO ITS PREVIOUS ERA”  I do not believe for a second the CBI is going to restore the […]

We have seen so many reforms already take place, especially in the banking sector. Iraq is ready to join the WTO and is moving into the final stage. So, we […]

Moving into August already. What will August bring us? There must be a breakthrough soon on the formation of the new govt in Iraq. Already they are saying this election […]

Article:  “AN IRAQI OFFICIAL REVEALS THE AXES OF MONETARY POLICY TO CONFRONT INFLATIONARY PRICES”  As long as they continue down this road of not allowing the outside to invest in […]

We already know the VALUE is not reflected in the RATE of the IQD as alone oil revenues along with the other assets such as minerals, gold, etc, would surely […]

… a week ago…Mazhar Muhammad Salih, said and I quote-  “Changing the exchange rate is possible, but it requires patience and careful study,” adding, “We need to cook on a […]

Article:  “CLOSE TO THE SADRIST MOVEMENT REGARDING AL-MALIKI’S RECORDINGS: HE SPEAKS MORE THAN THAT IN PRIVATE MEETINGS”  This appears to have been going on for awhile now. Its about time […]

Article:  “THE PATRIOTIC UNION OF KURDISTAN EXPLODES A SURPRISE ABOUT THE PRESIDENCY OF THE REPUBLIC”   We could be getting very close the conclusion of the new govt. Let us hope […]

Article:  “…IRAQ IS PREPARING TO JOIN THE WORLD TRADE ORGANIZATION”   Does Iraq need an international currency to join the WTO?  No, they do not however, I believe they are attempting […]

Article quote:   “there are fixed facts on the ground. The exchange rate of the dinar to the dollar follows stability, and it is not arbitrary, but rather a contract between […]

What we…wait for is the announcement from the CBI telling us about the exchange process of turning in the higher three zero notes for the lower denominations and how it […]

There was so much more in the news about forming the government…July 15 is a target date for Sadr…if the date passes without a government Sadr is going to change […]

If you are reading all the news articles from Iraq these days about the election, it will drive you crazy. There are obviously many who support bringing back all the […]

Article:  “IRAQ ACHIEVES A FINANCIAL SURPLUS OF MORE THAN 15 BILLION DOLLARS IN THE FIRST 5 MONTHS OF 2022”  More bragging…still 1/6 of a penny for a dinar…

From what I am seeing from the CBI they will reinstate the dinar prior to the 2022 budget being voted on. The reinstatement will force the passing of the budget […]

Article:  “CITIGROUP WARNS OF A COLLAPSE IN OIL TO $ 65 BY THE END OF 2022”  …an article by a JPMorgan analysts warning on Sunday, that oil prices could jump […]

The news this period coming out of Iraq is all about the formation of the new government…Once again, I am telling you that the CBI is waiting for the government […]

Two articles in today’s news…brags about the amount of Iraqi gold and the CBI reserves. Why are they doing this? …the rate of the dinar is now 1/6 of a […]

…Let’s look at the steps of currency reform playing out: 1. They completed the banking reforms,  2. They hooked the banking and financial sector into the global financial sector (updating […]

“AL-HIKMA TALKS ABOUT A FUTURE GOVERNMENT COMMITTEE TO DEAL WITH THE PRICE OF THE DOLLAR”   Remember that if the price of the dollar is reduced the price of the dinar […]

There are many articles today…on changing the exchange rate…They are talking about changing the rate back to the pre-devaluation rate of Dec 2020. This is not what we are looking […]

Article:  “ECONOMIST: THE DOLLAR EXCHANGE RATE WILL NOT RETURN TO ITS PREVIOUS ERA DUE TO INTERNATIONAL OBLIGATIONS”  …we read in this article that the “previous era” is referring to the […]

Article:  “DEPUTY FOR AL-FATEH: THE EXCHANGE RATE REDUCTION WILL SOON SEE THE LIGHT”  Quote:  “..the issue of reducing the dollar exchange rate is soon after collecting the signatures of 100 […]

…also they intend to tax revenues too some day, something they do not do today. This would be a huge source of revenue for the central government…another source of over […]

..we keep hearing about getting out of a “rentier” economy solely based on oil…there are many more sources of revenue that can rival the oil revenues. But Iraq has to […]

When this signal is given to the CBI, then they will move ahead to the next step which in the project to delete the zeros. We know that this project […]

We all should be aware by now the Central Bank of Iraq (CBI) is waiting in the wings to conduct the project to delete the zeros. They have been waiting […]