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This is breaking news reported by the New York Times…”U.S. to Reduce Diplomatic Presence in Iraq amid rising tensions.”  This move comes as tensions in the Middle East are rising and talks […]

Compared to Iran, Iraq is a wealthy country with over $100 billion in foreign reserves.  However, if the US doesn’t see the implementation of global standards in the banking sector […]

Iraq is on the Forex market… but not in the same way as major global currencies like the US dollar, Euro or British pound.  The IQD is not freely convertible […]

For decades Iraq has relied almost entirely on oil sales to support its economy.  But now the government is working to create a second source of income by getting involved […]

As long as there is positive movement in Iraq [we] feel obligated to keep going…

The implications of [the Iran] negotiations extend beyond Iran and Israel…A successful deal could lead to regional stability potentially boosting Iraq’s economy and security…Iraq’s government must…foster positive relations with both […]

Here is another reason we believe something is happening behind the curtains.  First it was Facebook representatives meeting with the Iraqi prime minister and now it’s Elon Musk’s Space X.  These […]

Iraq has been under increasing pressure to adopt…anti-money laundering and anti-terrorism financing rules.  The United States insists unless Iraq fully complies with these standards, dollar transactions will remain restricted.  The […]

We have reason to believe we will see a rate change in the IQD much much sooner than a rate increase with the VND…

 Baghdad is caught between its neighbor Iran and the US government.  The US Treasury has slowed down the process of transferring Iraqi dollars from the US to the Iraqi because of non-compliance […]

There’s a major shakeup in the Central Bank of Iraq’s board of directors.  In a significant move to reform Iraq’s financial sector Prime Minister Sudani has initiated a restructuring of the […]

The State Bank of Vietnam continues to manage the currency tightly allowing only gradual movements…The VNK is expected to see a modest depreciation potentially reaching 26,940 per dollar by year […]

Iran to share nuclear technology with Iraq.  It is believed the United States will drop Iraq into despair over the leak of US dollars into Iran and Syria…Be prepared, this […]

 Iraq is seeing a massive $87 billion surge in foreign investment…  This signals soaring global confidence in Iraq’s economy…Iraq’s economic plans are ambitious, investing in the development road project, natural gas, petrochemicals, […]

What we know: the development road project, manufacturing, oil and religious tourism revenue will increase Iraq’s annual revenues beyond expectations.  What we did not know is Iraq’s tourism industry has already […]

 BP is helping Iraq’s economy grow.  Their investments are creating jobs and bringing in money.  This is goodness for the Iraqi dinar…When the economy is strong the currency usually gets […]

In Iraq many people don’t trust banks.  They feel it’s safer to keep their money in their homes…This fear is causing a serious problem for Iraq’s economy.  Out of 105 trillion […]

Looking again, the potential for the Vietnamese dong to appreciate against the United States dollar will largely depend on global monetary policies and Vietnam’s ability to maintain macroeconomic stability.  If […]

Article:  “Iraq plans digital currency to replace paper notes”  Iraq’s currency more than likely will be exchanged at the local bank, your local bank, or through Forex market.  However the Central […]

The Central Bank of Iraq has announced pilgrims can purchase dollars through designated banks and companies in Baghdad and other provinces.  The process involves exchanging Iraqi dinars for US dollars […]

Things keep popping off from behind the curtains in Iraq.  This is major breaking news, more than any other news we have received recently.  This news suggests that the US […]

The fact that we cannot trade the IQD on the Forex market makes the currency hard to come by which equals increased value.  Hold onto your IQD banknotes and hope […]

In 1983 the exchange rate [of the Vietnamese dong] was approximately .976 dong per US dollar whereas by June 2023 it had reached around 23,726 dong per US dollar…Many manufacturing […]

Iraq and the United States are working closely behind closed doors.  Behind closed doors the United States, IMF and World Bank have a lot to do with the timing of […]

In response to currency pressures the State Bank of Vietnam or SBV has adopted a flexible monetary policy to maintain economic stability.  The central bank has intervened in the foreign […]

Iraqi Foreign Minister Fuad Hussein departed for the United States…to participate in a series of bilateral meetings to strengthen ties between Bagdad and Washington…We can only hope Iraq and the […]

We are all waiting for a payday from our IQD investment regardless of how long it takes.  I personally have been so disappointed and upset over the time it is […]