ingram

People have been asking, ‘Why is the Iraqi dinar one rate in Iraq and a different rate online…?’  There are two major reasons for the different rates.  1. The Iraqi […]

  In January 2024 foreign currencies will no longer be allowed inside Iraq and any violations will be criminalized.  The Iraqi dinar will be used for all transitions.

Why are we seeing reports of a meeting with the IMF in Jordan and a meeting with the Department of the Treasury and the US Federal Reserve in Dubai?  …The […]

A drone attack on a military base hosting US troops near Erbil in northern Iraq…caused casualties…Iran-backed militants claimed responsibility for the attacks…The attacks occurred on December 25th.

  Inflation…political stability… balance of payment…national debt…recession – each of these seven categories helps determine the currency rate of any country…We want to wish each of you a happy holiday…

Article:  “Iraq links Baghdad US embassy attackers to security services”  The attacks against US forces have continued.  The Iraqi government said several people who are alleged to have attacked the US […]

Article: “Iraqi council elections: Almost 17 million voters head to polls on Monday”  Iraqis have begun voting for the first time in a decade to select new provincial council members […]

   Iraq cuts oil production by 223,000 barrels per day voluntarily.   Iraq is over 90% dependent on oil revenue and oil prices, therefore when OPEC speaks we listen and we […]

Article: “CIA warns Baghdad of serious consequences if attacks against US personnel  continue”  Since October 17th the US presence in Syria and Iraq has been under constant threat.

[We] tried to ignore this news however, that is not possible Article:  “Iraqi PM places security forces under investigation over US embassy attack”  Iraq is doing what they can, but […]

The Central Bank of Iraq confirmed some Iraqi banks are transferring dollars from their accounts to intermediary banks who are distributing the dollars to their customers.  The Central Bank of […]

Article:  “Inflation rate in Iraq declines in 2023 compared to 2022”  The Central Bank of Iraq announced the inflation rate decreased in 2023 compared to 2022.  Inflation in Iraq reached […]

  The country has no tax on foreign income, capital gains, inheritance, stock profits, wealth or gifts…The former Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhif, obtained Dominica citizenship […]

  Wealthy Iraqis move to the Caribbean.  Guess who’s on the list?  …The leader of the Kurdistan region and the former governor of the Central Bank of Iraq and other businessmen suspected […]

  The reason countries have foreign reserves is to make sure that a country has backup funds if its national currency rapidly devalues or becomes entirely worthless.  It’s common practice for central […]

Article:   “Good News for Investors:  US Treasury Continues to Omit Vietnam Currency Off Currency Manipulator’s List”   Vietnam was not included on the US Treasury Department currency manipulators list this time.   […]