investment

I would love to see Iraq change the exchange rate again – lower it.   Go from 1320 per dollar and bring it down to around 1100  [Note: going down in […]

A floating exchange rate is a type of exchange rate regime wherein a country’s value is allowed to freely fluctuate according to the Foreign Exchange Market…Iraq is not allowed to […]

People are trying to figure out whether the Iraqi dinar is floating, pegged, what are these terms, what does it mean?  ..Iraq is a fixed (pegged) currency.  It’s not a […]

I like the fact that Iraq is pushing more and more for the citizens to solely use the Iraqi dinar…That will allow the Iraqi dinar to strengthen and you’re going […]

There’s something going on with the exchange rate…I would love to see the Iraqi dinar increase in value slightly.  I don’t think it’s a big move but there is talk […]

Article:  “Iraq and America discuss prospects for bilateral cooperation in the field of oil and energy”  Of course we like to hear this…This is where the United States has Iraq […]

Iraq is starting to…stop being a dual currency country.  In other words you can’t use both US dollars and the dinar.  They want to go down to where people can […]

It’s the same gibberish going on out there.  How many millions of different times can you say that we’re just waiting for the budget to be approved?

Yes, I heard there’s an extension to executive order 13303 and everybody’s losing their mind.  ‘This must mean something.  What is it Pimpy?  Has something to do with the dinar.’ […]

Article:  “Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform”  What the cash reserves do, it allows them to flood […]

The representatives have accomplished their second reading of the federal budget and it looks like they’re going to do a vote on the budget sometime around the middle of next […]

Article: “Kurdistan in Baghdad’s footsteps:  Demands to use the dinar exclusively in the real estate and car market”  This is a big move.  If you want to boost the confidence […]

This [Money Laundering] is a big issue for Iraq.  If your government can’t stop laundering money, you’re going to stay on a so-called blacklist.  Your money will never be traded […]

There’s so many rumors out there when it comes to Iraqi dinar that you’ll go insane, you’ll pull your hair out trying to figure out what is BS and what […]

There’s so many rumors out there when it comes to Iraqi dinar that you’ll go insane, you’ll pull your hair out trying to figure out what is BS and what […]

We’ve been monitoring whether or not they’re going to pass the budget as well as conclude and finally sign the oil agreement between Kurdistan and Baghdad…definitely the budget is important […]

There is some chatter about there being a new rate inside the budget.  Just so you know that every time they talk about a budget that kind of chatter comes […]

When you go through the news in Iraq all of it is talk about the budget.  When it’s going to be done.  When they’re going to vote on it.  What […]

Article: “Iraqis Fly to Nearby Countries to Get Dollars as U.S. Cracks Down on Money Laundering”  Here’s where the problem lies.  When your government is allies and backed by Iran […]

Article: “International Monetary Fund Expects Iraq ‘s External Debt to Fall by $1.2 Billion”  It’s really been amazing to watch Iraq pay off all their debt both external and internal […]

I’m concerned to see how the Iraqi dinar is going to respond to the .25 hike in the Fed’s interest rates.  Usually foreign currencies take a hit.  I’m not sure […]

In case you’re wondering why it is that they might change the exchange rate… – To have more purchasing power.  If they’re importing a lot of goods…this would help the […]

People are saying, ‘Could they change the rate Pimpy?”  Yeah, of course they can. Until the final budget is out we know they had projected the budget at 1300 dinar.  […]

Article:  “Baghdad and Washington emphasize support for Iraqi banking reform efforts”  What gets me is how close Washington is really paying attention to how quickly Iraq implements all the reforms […]

Article:  “Parliamentary finance suggests when the dollar price will stabilize at the official price”  As much as they talk about this in the news there’s obviously still some concern about […]

Iraq does have goods that it exports but they have to get this going…They are having to import more than they are exporting so it seemed to me you’d want […]