investment

Article:  “Al-Shammari: The largest budget of 2023 in the history of Iraq, Baghdad and the south will witness an reconstruction revolution”  Yes, that’s what we want to hear!  But I […]

Article:  “Al-Sudani returns to Baghdad after concluding his visit to the Kurdistan region”  Al-Sudani just got back from being over there in Kurdistan.  We know he was over there ironing […]

How far are we from passing a budget?  And this budget isn’t for just one year.  This budget tentatively is for 3 years.  Article “Parliament Finance: Parliament will need 30-45 […]

One of the major stepping stones for Iraq is to get an agreement between Kurdistan and the federal Iraqi government and it looks like it’s about to be done.  This […]

Article:  “Cabinet approves draft budget law for 2023, 2024 and 2025” …The budget is set for the next 3 years…For some reason it’s really hard for them to pass the […]

I got all kinds of people excited in my group talking about, ‘man, did you hear? …Iraq is international!’  …I was like International?  What?  House of Pancakes?  What does that […]

Nothing in this world would make me happier than to wake up tomorrow and find out that they did change the rate to $3 or whatever the hell it is […]

[Reply to Nader’s post from 3-11-2023 below]  As far as the Iraq dinar being stronger than the US dollar – not right now. But eventually they’ll get there I absolutely […]

Article:  “Kuwait Dinar First and US dollar Tenth: The 10 Strongest Coins in the World”  What I think is cool…you have the Kuwait dinar, Bahrami dinar, the Jordanian dinar – […]

Inside Iraq they’re gonna start using the dinars and start getting away from the American dollar.  That’s what they need to do if they want to strengthen their currency.  They’re […]

Article:  “The Central Bank of Iraq decides to us the local currency only with ATMs”  That’s good. I’m excited about that.  To me it’s a big step.  It’s one of […]

IMO they are truly after all these years very close to finally coming up with the agreement between Kurdistan the federal government of Iraq.  If they can come up with […]

Article:  “An ‘important’ statement from Al-Kazemi regarding the recent arrest warrants against his government team”  Al-Kazemi has become the Donald Trump of Iraq.  As soon as that guy got out […]

It’s on the exchange…the Iraqi dinar is.  It’s not on the big one, Forex, but it is on the local exchange…right now it’s trading on the open market at 1459 […]

A lot of people asking me if the Iraqi dinar exchange rate has changed again.  No it has not.  When you hear people out there whether it’s from the news […]

It’s going to happen eventually.  I don’t think it’s going to happen the way people think but right now certainly there is nothing out there that indicates Al-Sudani said he’s […]

Community comment   “Their [Iraq’s] money has to be comparable to the region.  Kuwait is over $3.”  Who said it has to be comparable to the region?…It doesn’t have to […]

Remember…for several months Iraq was taking $1 to $1.5 in buying the currency off the open market.  The big question is what did they do what that currency?  Did they […]

Community Question: “When is it going to revalue?  That’s all I care about.”  It’s already revalued 2 years ago.  Unfortunately it was devalued the wrong direction.  It was just revalued […]

Iraq has one of the largest gold reserves in the world and the crazy thing about it is most of the gold is on the surface.  The Iraq Central Bank […]

Somebody said…they changed the rate again.  I said no.  I don’t see that nowhere.  None of the articles say they changed the rate but they did increase the number of […]

Article:  “Iraq’s foreign currency reserves hit $115 billion high”  This article caught my attention…the amount of reserves they have…it’s 5x the amount of their external debt.  We know they have […]