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Many…believe this is when the US will encourage Iraq to adjust its currency. One reason this belief is snowballing is that Iraq’s government and central bank have been modernizing the […]

Great news today.  Vietnam has been upgraded by FTS Russel into emerging markets…This means the large global investors now see Vietnam as a stronger investment.  Because of this, experts expect billions […]

The reason the Iraqi dinar has maintained its exchange rate…even with all the conflict and chaos going on in the Middle East comes down to control, not market forces…The dinar […]

Iraq ends its political deadlock.  They elected a president on Saturday…and has officially taken over the position… The election clears a major obstacle, meaning Iraq can now move forward with forming […]

Iraq’s government is operating in the grey zone, meaning they do not have a legal government.  All they have right now is a caretaker government…They can’t agree on how to […]

Iraq is saying it will open its airspace.  :Sandy Ingram

Iraqis are protesting.  This can never be good.  There are thousands of them protesting the war and the fact that Iraq is in the middle of a conflict they did not […]

Iran is allowing certain ships through the Strait of Hormuz.  Iraq will now proceed to export around 3 million barrels a day.  This is excellent news… : Sandy Ingram

Iran turned the electricity back on for Iraq in a show of brotherhood.  This happened in time for the US to threaten to destroy Iran’ electricity grid.  We’re all very very […]

The CBI can’t do anything until it controls the bank notes…One approach other countries have taken or is doing or has done is to create a new currency and require […]

The Central Bank of Iraq appears to be an experiment in implementing programmable money…Iraqi’s are pushing back.  They refuse to put their money in the bank.  They are refusing to […]

Zimbabwe is not Iraq…Iraq’s inflation situation has been and is under control…However when you look at the procedure Zimbabwe followed to bring its currency…onto the world stage, what they did was […]

We all know Iraq has way, way, way too much money in circulation.  Therefore a revaluation or an adjustment of the currency is unlikely without structural changes.  We know the […]

Some of the worries I had about them locking us out of the exchange I don’t have those worries so much anymore after visiting the Middle East and Euro Asia […]

I did not want to make this report but things have gotten so bad in Iraq I really have no choice.  Iraq is the only country in the Middle East […]

The exchange rate in the beginning could be very very different than the exchange rate further down the road.  That’s why many people say if you have a million Iraqi dinars […]

Zimbabwe has done a magnificent thing.  They have come away from 3-diget inflation to a currency that is now worth $0.03 to 1 Zimbabwe dollar…If you are holding 1 million […]

I found out about the IQD from a US military soldier who had a letter in his file from Condoleeza Rice who at that time was Secretary of State.  The letter […]

But the people aren’t buying it.  They refuse to put their money in the bank…One country grows and another one is stagnant.  The city I am now in is one […]

We’re going to compare Iraq’s currency to that of…[the country] Georgia…born on April  9, 1991…I am right on the coast of the Black Sea…This country is less than 36 years […]

Iran just restarted natural gas exports to Iraq…We’re talking about roughly 7 million cubic meters of gas per day…Why is this so important?  Because Iraq relies heavily on the gas to […]

Right now Iraq is a long long ways from being safe.  The military consultants now in Iraq are running for their lives and other military personnel from other countries are […]

In other words, the bank is saying the currency isn’t sliding because of what they’re doing but because of what’s happening in the wider economy.  They’re also pointing out that when […]

Let me explain what’s really going to on with the Iraqi dinar right now because a lot of people are pointing fingers at the Central Bank of Iraq.  The bank […]

The State Bank of Vietnam does not allow the dong to float freely.  Instead the State Bank of Vietnam manages the rate against the dollar to keep exports competitive and […]

International payments and trade are expected to continue without disruption…The CBI has reviewed potential risks and confirmed that it’s fully prepared to act quickly if conditions change.  Overall, the message is simple.  […]

Good news from Iraq’s Central Bank of Iraq.  The CBI is sending a clear message that the country’s financial system is stable and under control.  Iraq currently has strong foreign […]

Al-Sudani has been busy…trying to…prevent Iraq from becoming the next battlefield…This challenge is balancing three powerful forces…Pressure from Iran linked militants inside of Iraq, pressure from Western governments who want […]

The Central Bank of Iraq has announced they do not plan to adjust the currency now or immediately after the conflict.  But when the US, IMF, World Bank, UK, when they […]

For the longest, Baghdad has been dragging its feet about the oil pipeline in the KRG region that leads to Turkey and then to the Mediterranean Sea.  But now because […]