investment

Things seem to be calm over there.  There’s a lot of agreements going on and it looks like Iraq is moving forward in a major way which I’m excited about.  I […]

The Iraqi dinar is slowly gaining strength.   There’s some policies and procedures that were  implemented within the Iraqi Central Bank that’s making things a lot better…Iraqi dinar is pegged to […]

Article:  “First Deputy Speaker of Parliament calls for speeding up the preparation of a report on the draft budget law for its second reading”  The way the Constitution works over […]

Apparently they have a mechanism that’s going to take care of the surplus of Iraqi dinar that are out there because if you think about it if people are willing […]

Article:   “Reserve currencies of the dollar as a store of value and secondary reserves in central banks”. This is pretty interesting article and it’s good if you own the Iraqi […]

It doesn’t even look like the budget will be approved by the end of April…

I went to go look at how the Iraqi exchange rate closed for the day…at 1430 something dinars for every dollar.  It is shrinking the gap between the official rate […]

Looks like Iraq has finally gotten the budget back to the house of representatives.  Now the committee will study it and respond to whatever the new amendments are…   Article:  “Parliamentary […]

The dollar is still continuing to slightly decline against the Iraqi dinar.  What was it that guys said?  Oh, yeah, the gap should be closed within two days so let’s […]

The market rate is ridiculous.  One of the ways they can combat it is to revalue the Iraqi dinar. But that would take it from 1300 dinars right back to […]

Article: “Central Bank: Dollar will gradually fall within two days to reach official rate”  This article I find very interesting…this person was able to pinpoint an actual time when the […]

They need to…combat that open market so every time they increase the value for the IQD…it keeps screwing up the criminals who keep going out there on the black market […]

Is the IQD on life support?  Yeah it is…Currencies around the world are being crushed right now by the US dollar.   That’s a fact.  Not to mention the fact that […]

Article:  “USD/IQD rate declines in Baghdad, Erbil”  The U.S. dollar is continuing to gain ground on the Iraqi dinar.  This is not good.  This is out of whack…the Iraqi dinar […]

As we are all aware Ramadan has started.  We’re talking about 30 days of usually nothing really gets accomplished during this time.  I’m not saying it won’t but usually it […]

It [the Iraqi dinar rate] used to be 1190 dinars for every 1 dollar.  Obviously 1132 is lower than that.  So we have now passed where we were at the […]

Any other news being reported if it doesn’t come from the central bank is just B.S.

Looks like the momentum is in favor of Iraq and this new government.  All the things we’ve been speaking about over the last couple days seem to be happening quickly…We […]

Looks like the momentum is in favor of Iraq and this new government.  All the things we’ve been speaking about over the last couple days seem to be happening quickly…We […]

Article:  “Iraq Must Not Squander Another Opportunity to Rebuild”  It’s the 20th anniversary of our attack on Iraq…20 years since the start of the war, since Iraq has been “liberated”…I […]

I get a lot of people saying, ‘How come Iraq’s currency is not the same as Kuwait?’ It’s not that simple.  At one time it was very close to the […]

Article:  “The Iraq parliament begins discussing the budget law”  According to their constitution they have 30 days to review this particular law…This is unique…the fact Iraq is going ahead and […]

There’s a lot going on in Iraq.  The budgets are being looked at.  We have the agreement between Kurdistan and the federal government of Iraq finally on hydrocarbon laws.  There’s […]

Article:  “Central Bank Issues Third Package To Facilitate Procedures For Obtaining Dollars” Quote:  “…the official exchange rate is 1320 dinars for every US dollar will be calculated through the electronic […]