lnu 

The velocity of projects has picked up with hundreds of projects moving forward at a 1300 dinar to dollar ration (REER) and the world is lining up to get a piece […]

Article quote:  “Iraq’s financial sector has faced challenges in expanding its customer base and has experienced limited banking penetration, leaving a large portion of the population unbanked and dependent on informal financial […]

Progress is being made. This is true but ever so slowly as if Iraq is in another dimension. The private sector is creating new revenue streams. This is true but on […]

Citizens in the central portion of the country are ready to start burning down government residences like they did to Malaki because while the bureaucrats stall for more time to […]

Election season is upon Iraq and this means little to nothing will be done. November will tell us whether or not the re-elected PM or the new PM is in favor […]

At one time, not too long ago, I too thought we were looking at a culmination of this journey but after doing a LOT of reading and analyzing the annual reports […]

The whole world trades with Vietnam at 25,575 VND to $1 USD. There is NO requirement and no such thing as an Internationally Approved Rate…No one in Iraq is speaking […]

I believe they will make the shift into a value added currency however, I also feel this will come after the Digital transformation has been completed and all ancillary hardware and […]

Article quote: “A recent audit and monitoring of company practices revealed that some exchange firms have been charging citizens a commission of 50,000 dinars for purchasing dollars, double the amount stipulated […]

Article  “The National Investment Commission (NIC) has announced that over 130 fully approved investment opportunities will be presented at the Iraq Investment Forum…”  Events like this have become commonplace with the IBBC […]

There are no back screens, redemption centers, alternative rates being offered to special  people…Stay calm and all will be revealed…

Article:  “President Abdul Latif Jamal Rashid and Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, met at Baghdad Palace to discuss economic reforms aimed at strengthening Iraq’s financial sector and…emphasized […]

Per the most recent annual report finals issued in Q4 of 2024, Iraq HAS A REER of 1300 Dinars to 1 USD, and that remains unchanged for the past two […]

Article quote “Recent figures reveal that only 20 trillion Iraqi dinars are in actual market circulation out of a staggering 105 trillion dinars in total monetary volume—a sign that Iraqis […]

A revalued, so-called “International” rate is a myth or a fiction since Vietnam is International, traded on FOREX, and has been for a very long time now… When gathering Iraqi […]

Fnu Lnu   [Response to Guru Maxis 5-15-2025 post below]  Article  “The Chairman of Iraq’s National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, announced the restart of 503 investment projects across […]

Article:  “…Iraq is expanding its agricultural plans by cultivating desert lands, relying on well water, and developing drought-resistant crop varieties…Iraq has now reached self-sufficiency in seven agricultural products year-round and […]

Iraq HAS NOT completed everything needed for ascension to the WTO. They passed a compliance audit recently which was good news however, The WTO and Iraq have a meeting scheduled for […]

Article: “The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way […]

…The most recent annual reports show clearly that Iraq already has a REER and that is 1300 IQD to $1 USD.   If Vietnam can be Internationally accepted and FOREX traded […]

Article: “Prime Minister Mohammed S. Al-Sudani met with a delegation from US-based social media giant Meta…” Quote “The Prime Minister affirmed the government’s commitment to advancing automation and digital transformation…and […]

through designated banks and companies in Baghdad and other provinces.” Quote: “The process involves exchanging Iraqi dinars for US dollars at the branches of participating banks and companies.”  Well, so much […]

IMF cuts Iraq Growth Forecast for 2025.  According to the latest World Economic Outlook from the International Monetary Fund (IMF), Iraq’s economy is forecast to shrink by 1.5 percent this […]

Fnu Lnu   [Response to 5-7-2025   Guest Boots-On-The-Ground Guru Maxis post]  When I say my “SOURCES” are directly from the IMF, WB, BIS, etc…I mean that I gather my info from […]