militiaman

These guys are not stopping with this point-of-sale equipment.  Whether that’s going to be…swiping a card in a machine while you’re at the gas station, with the grocery store or […]

If these demonstrations happen tomorrow which is going to be Tuesday, I’m feeling that since Al-Sudani came out tonight, he may have tamped that down.  Because why? …Because he’s the […]

We all know there’s a lot of things going on with Iraq and many people are starting to get in the vibe that are going, ‘wow this is really coming […]

Al-Rafidain state bank is granting point-of-sale devices to all state institutions and the private sector free of charge.  Now?  Why?  At a program rate/official rate at 1310?  They didn’t do […]

We hear there is a timeframe for them to have the whole country…online electronically sometime around June 1st…that’s what we’re hearing.  It’s not necessarily in writing, cut in stone but […]

They’re saying the dollar is going to continuously decline because of this new budget.  So prior to that new budget which is expected in the coming days, we should see […]

At this stage of the game…everybody should be smiling, going, ‘ Iraq ‘s finally coming to the open market.’  What we’re looking for is the Forex – the Iraqi dinar […]

Iraq’s new banking system is going to be all about them facilitating international trade…They’ve got their systems to the point where there’s internationally compliant…in compliance with the IMF regulatory requirements.

..What we might see towards this last stage…when it comes to the exchange rate…some things that aren’t necessarily true, a little misleading or flat out wrong.

The CBI announced today the BSRS (Banking Supervision Reporting System)…It’s important is because …the banks in Iraq…didn’t have advanced technology.  It was all pen and paper…and it was a mess…Now […]

Article:  “The price of the dollar against the dinar is at its lowest level in two years”  The dinar is moving in the right direction.

Today we are heading towards open trade.  That’s huge… Article quote:  “A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies […]

Salih, who is the Prime Minister’s advisor, came back with a really good article…Iraq is meeting all these things – Freedom of trade, freedom of capital and in compliance with […]

Al-Sudani the Prime Minister has said hold your dinar because they’re going to be stronger than the dollar… When they say they’re going to make it to be 1.5 times […]

It’s getting a little bit quiet in the news…It’s an indicator that quiet time sometimes is good…Al-Sadr is being quiet…he’s for the people…riots in the streets…we don’t have those anymore…He’s […]

Al-Sudani said, ‘now’.  That is a very key point to where we’re headed.  He comes back a little bit later and he said the dinar is going to be a […]

…Government agencies, the GOI, the CBI, their delegation – they’re all talking to us about exchange rate change, forewarning…to hold onto [the dinars] because they’re going to be more strong […]

Al-Sudani Quote:  ‘There’s great confidence in the Iraqi dinar noting that the exchange rate of the dollar trend to stabilize and reach the official price soon.’  They already changed the […]

It’s a fascinating time…Over the last two months we’ve had some interesting comments…by the Central Bank of Iraq, the government of Iraq…The Finance Ministry, The Planning, all these other Ministries, […]

Alaq on the 13th ‘alerted’ us that something was coming.  Then three business days later they come out and say there’s a value…’it’s now 1.5 times more strong’ so they […]

Article quote “The Central Bank of Iraq sent millions of text messages to reassure citizens about the government’s measures to confront the high price of the dollar…we make the national […]