lnu 

Iraq receives $40 billion dollars per year in investment money from China. Iran has supplied vast amounts of oil to China to keep its production moving…Oil supply has nearly stopped […]

As you know…I am a proponent of using Trusts to mitigate taxes…I was recently made aware…our Dinar are classified as Exotic / Collectibles…IRS code 408 (m) has a special taxation […]

[Response to Guru Stephen’s 4-19-2029 Exchange time limit post below] [Guru] Stephen has it almost correctly stated. Iraq will remove the zeroes first, then give the IRAQI’s a short time to bring […]

Article: “Iran’s Iraqi allies…see chance for newfound power…the potential for further destabilization…remains acute”   Iraq is not in control of its territory and will be dragged into the fray in […]

Article:  “General Directorate of Industrial Development…has issued 230 establishment licenses for new industrial projects…”    Looks like Iraq is cruising right along with a dysfunctional /exotic currency. HOWDODEYDODAT??? Just like Vietnam […]

It seems there are predictions of an RV as soon as the war is over. Others say some time this week. Yet others are saying the first week in April. Let […]

Article: “The Central Bank of Iraq (CBI) has announced a series of measures to address issues affecting Iraqi banks restricted from dealing in US dollars.” Iraq is NOT going to conduct […]

Article:  “The General Directorate for Industrial Development at the Ministry of Industry and Minerals granted 1,867 licences under establishment for new industrial projects during 2025…licences covered a wide range of sectors, including […]

Article:  “The Central Bank of Iraq (CBI) reported that the value of its gold reserves increased in the third quarter of 2025, rising to 27,552 billion Iraqi dinars (approximately $21.0 billion), […]

Currency exchange IS an international exchange…Secondly…YOU as a Dinar holder and the one who will exchange your IQD for USD may elect to pay your taxes anyway you wish. The options […]

Some people…believe Trump is in charge of the RV and is going to be the catalyst to make it happen…There is no basis in fact for this opinion. I submit…Trump’s […]

Article:  “Iraq has achieved more than US$102 billion in investments over the past three years, reflecting rising confidence among domestic and foreign investors, according to a 2025 review issued by the […]

UN Report:  “The United Nations Country Team in Iraq, comprising 26 UN agencies, funds and programs, will continue to support Iraq” …No less than 26 UN agencies continue to occupy Iraq […]

I regret that I have to be the harbinger of sad tidings…there will be no RV this year.  The social, technical, and economic fundamentals just aren’t there. Sorry. Maybe next year? […]

R3 Corda is a permissioned distributed ledger (DLT) platform designed for regulated institutions to digitize assets, automate agreements, and settle transactions with strong privacy and compliance features. Corda is a DLT […]

Article:  “Iraq has taken initial steps towards establishing a comprehensive regulatory framework for virtual and digital assets, aligned with international best practices.”  Initial steps means they haven’t even begun the task at […]

Nouri al Malaki is, as usual, throwing a wrench into the [electoral] process but seems to have diminished powers these days. This process, which is contentious, could easily run into […]

Article: “Prime Minister Mohammed Shia Al-Sudani chaired an extraordinary meeting of the Ministerial Council for the Economy, approving a package of measures aimed at reducing government spending and increasing revenues. Salaries of […]

I’m telling you that according to the IRC (Internal Revenue Code)…YOU DECIDE HOW YOU WANT TO PAY THE TAX ON YOUR EXCHANGE. YOU CAN EITHER CHOOSE CAPITAL GAINS OR PERSONAL INCOME…YOUR […]

Malaki will continue to hamper progress in Iraq. That’s who he is. That’s what he does.  It does not look good for Sudani at the moment. The idea that America […]

To clear up some misconceptions.   When you exchange your currency, many are thinking that they will get a SAR, (Suspicious Activity Report), and have to explain how and where they […]

Get serious. They don’t want to do the RV because of the perception? It might look like Sudani did it just to get elected? They are not going to do […]

Question:  “When does our real RV nominal rate come out?”  This is my take…There will be no float and no IMF basket. Nothing supports this theory.  The Dinar will likely come […]

Article:   “Early Warning Systems and Their Impact on the Stability of the Iraqi Dinar Exchange Rate” This illustrates the fact that Iraq is not ready to revalue the currency yet but […]

According to the World Trade Organization, Iraq is slightly over half way through the necessary requirements to reestablish Iraq’s membership with the organization. Almost 70% of requirements have been met.

“The Central Bank of Iraq (CBI) continues to maintain a managed exchange rate system, pegging the dinar close to 1,300 IQD per US dollar to ensure economic stability and limit […]

[Response to Guru Bruce 10-18-2025 post below]  Article:  “There has been no official in-country currency revaluation of the Iraqi dinar in 2025. The Central Bank of Iraq maintains a managed […]

YOU decide how you declare your income…either capital gains of personal income. You choose…This is EXACTLY what the IRC  (Internal Revenue Code) – 988 says…I know this as a fact. […]