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First, what did the Parliament tell us way back in March 2019 about the dinar?  I quote from the article – “THE COMMITTEE WILL MOVE DURING THE CURRENT LEGISLATIVE TERM […]

“CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO” So this article may not seem so important. But why are they now establishing such […]

Aricle: “IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ”   this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not […]

As we exit July, we still do not see any reinstatement of the Iraq currency. But we know it is very close at hand and I believe maybe even being […]

Article: “REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ’S CENTRAL BANK OVER THE PAST YEARS” So ending this issue of corruption is not as simple as some…tell you…they say, just […]

The FACT is that parliament is NOT going to let the CBI run itself and function totally independent with all the corruption going on within it. This is a simple […]

Article: “IRAQ: SIGNING OF A NEW AGREEMENT WITH THE US STOCK EXCHANGE ON THE TECHNOLOGY OF TRADING AND DEPOSIT SECURITIES” If they were not going to relist (reinstate) the Iraqi […]

This re-rating process has occurred already since 2012 over and over again when the new system was initiated. It should be obvious to everyone that there were still errors/bugs in […]

From everything I know and have been told as FACTUAL this…The de-facto peg will go away. The currency auctions as we know them today will end. The dinar will then […]

The CBI has told us that when they are getting ready to move ahead again with the “project to delete the zeros” they will tell us. They have not yet […]

The news is scarce coming from Iraq. We do know the CBI governor is being replaced as Alaq has resigned effective in September. He is transitioning now with the new […]

Article: “DEPUTIES IN PARLIAMENT DEMAND ACTION TO PUT AN END TO THE THE MASSIVE CORRUPTION CARRIED OUT THROUGH THE AUCTION OF HARD CURRENCY ORGANIZED BY THE CENTRAL BANK” Quote:  “THE […]

“MONETARY RESERVES WITH THE CENTRAL BANK OF IRAQ: CRISIS AFTER CRISIS” This article is nothing more than the CBI tooting its own whistle again. al-Allaq knows his days are over […]

Article: “WHY IS THE CURRENCY AUCTION IS OUTSIDE THE CONTROL OF THE CENTRAL BANK?” Another article talking about corruption with currency auctions. This is all very good. We are going […]

Article: “IRAQ HAS PAID 48.3 BILLION DOLLARS COMPENSATION TO KUWAIT SO FAR” So the big question on everyone’s minds is will this affect the RV?  Do we have to wait […]

Dr. Ali Mohsen Al-Alaq, the governor of the Central Bank of Iraq today…does not have the experience needed to run such a system as the Central Bank of Iraq. The […]

My advice is to relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working […]

Why would parliament form a separate finance committee…just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is […]

Many of you still ask me about 800#…You ask if all of this is really going to happen. I have said it before and I am saying it again. There […]

Article: “AMENDMENT OF THE BUDGET INCLUDES TAKING A PLEDGE FROM PRIME MINISTER ADEL ABDUL MAHDI TO RESOLVE THE POSITIONS OF PROXY BY OCT 1st.” Look at his deadline date – […]

Article: “CBI ENCOURAGES BANKS IRAQ TO DEPLOY ELECTRONIC PAYMENT TOOLS REPRESENTED BY ATM AND POS” Note this article DOES NOT say that the lower denominations (1, 5,10,25,100,.25, .50, etc..) are […]

So, we are waiting for them to announce the new governor of the CBI.  Many sources believe this is needed before going ahead again on the project to delete the […]

Article quote: “…the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII.” This is BIG. We just learned that Iraq […]

The PM still needs to get the education minister ratified by the parliament and this is still scheduled for this week to be completed, maybe a vote today.

Article: “LAUNCH OF THE MASTER CARD AFTER PROVIDING ELECTRONIC SHOPPING TO LOCAL AND INTERNATIONAL MARKETS” So any new international credit/debit card will need FOREX to find the rate first when […]

Article: “PARLIAMENTARY MOVE TO RAISE THE PRICE OF THE DINAR AND MAINTAIN THE STABILITY OF INFLATION” Quote: “THE CHANGE WILL RAISE THE EXCHANGE RATE OF THE IRAQI DINAR AGAINST FOREIGN […]