militia man 

The only remaining official steps are the publication and/or re-denomination law and the formal transition to a damaged float because that’s what they indicated.  That’s how I see it.  Whether […]

Nobody in official position has promised an overnight jackpot.  Nobody has.  And that’s a good thing.  They shouldn’t do that and they won’t…But everything on their official checklist is either done […]

Banking progress is moving fast.  20 Iraqi banks now deal directly with international banks.  That’s up from only three banks two years ago.  Over 80 new digital bank licenses are […]

[In] 2025 Alaq detailed banking reform including…meeting international standards.  They’ve been doing everything they need to do. That’s why to me they’re further along than they tell you…That is a sign […]

Safe debt + huge reserves + low inflation = a perfect report cared for the Bank of International Settlements.  The [Iraqi] BIS application filed this month.  You see how these things are […]

Drop the 3 zeros, apply the real effective exchange rate and that’s where the AAD [Arab Accounting Dinar – The official unit of account for the Arab Monetary Fund] comes […]

There’s a thing called the FATF, the Financial Action Task Force grade list.  Review could take Iraq completely off this watch list is scheduled for the first part of 2026, but […]

Famous statement from earlier this week on Monday from the central bank, ‘There’s no plan to change the exchange rate at present‘.  Governor Alaq and Dr Saleh both used almost exactly […]

Lower denomination bank notes, the ones they’ll drop the three zeros from, are designed, contracted and ready…

There’s a new season with Iraq.  We’re seeing remarkable progress in what’s taking place of late…Parallel market dips are really important. They’re really not public about it, as these guys […]

They’re not going to tell you exactly when that’s going to happen.  The change can happen quickly with minimum disruption.  How do we know that? Because the last revaluation of Iraq, Alaq just […]

This isn’t just Iraq doing this [currency reform].  This is the world helping, the largest financial systems in the world, IMF, United States Treasury and Bank of International Settlements.  Those are […]

In the 2012 Interview at the US Chamber of Commerce, [then CBI governor] Dr. Shabibi…noted that before major adjustments like a real effective exchange rate update, there would be a short […]

There was an article out that has a lot of people unnerving…But you got to really get the context…The Iraqi dinar exchange rate…had a lot of turmoil.  You see things […]

Current official rate at 1310… parallel market is about 1430.  Expected new official exchange rate once they drop the zeros, new dinars per US dollars…when the political decision is taken, most […]

All these big laws, oil, gas, budget, etc…if they do what they say they’re going to do, these laws become 15% to 25% cheaper to pass because everything is suddenly […]

October 31 press conference:  Foreign reserves cover 18 months of imports.  Do you realize how big that is?  That’s not normal for countries.  That’s far over average…‘We have plenty of dollar and the […]

They keep repeating the same three words – Safe, Strong and Stable…Iraq is somewhat of a baby, but she’s just not crawling anymore. She’s starting to walk.

The Central bank moves the rate first.  Alaq can do it if he wanted to.  He can do it tomorrow.  We’re not waiting for the parliament, we’re not waiting for a […]

Who’s going to get purchasing power?  The citizens are.  What are we going to get?  We’re going to get some purchasing power [too, but] it’s going to be different.  

Everything lines up perfectly for the central bank to move the rate first.  When the rate moves to reflect real purchasing power, the REER adjustment that we’ve been waiting for, […]

It’s like mirror mirror on the wall who’s telling the truth after all?  …There’s some actor involved.  Who’s telling the truth?  …The key players…do tell the truth.  The 3 biggest voices in Iraq…Sammy, […]