mnt

Article:  “THE CENTRAL BANK INTENDS TO ADOPT FOUR CURRENCIES INSTEAD OF THE DOLLAR FOR EXTERNAL TRANSFER”  Yes, they are finally going to pay for imports outside of the dollar. Wonderfull […]

    About the WTO accession, the articles told us months ago they were in the final stages and so they are all ready to go.  They only want a currency that […]

  Question:  Holiday in Iraq on October 3…their Independence Day. …October 4 is Iraq finally a member of World Trade Organization…Can Iraq still continue with the program rate of 1132 until the […]

Question:  Will there be a cap limit on the dinar when exchanging?  Mnt Goat Answer:  Yes, the IMF will place the dinar initially on a managed float and I was told […]

Question:  Will there be a cap limit on the dinar when exchanging?  Mnt Goat Answer:  Yes, the IMF will place the dinar initially on a managed float and I was told […]

Article:  “AUSTRIA SEES OPPORTUNITY AS IRAQ RETURNS TO STABILITY”   …Why would a foreign country want to invest in Iraq if they were not truly stable and ready to reinstate back […]

  …the dinar, when reinstated, will NOT come out at the low program rate and then float slowly to something we want to see to exchange. Instead, it will be placed back […]

…I believe that the U.S. is slowly realizing, as Iraq has already done years ago, that the Barrack Obama plan for the economic reforms in Iraq is not going to […]

Article:  “IRAQ IS ADVANCING GLOBALLY AND SETTLING IN THE ARAB WORLD WITH THE LARGEST ECONOMY IN THE WORLD IN 2023”  Quote:  “…Iraq ranked 49th in the world’s largest economies for […]

  …they now have a VERY high level of Security and Stability, something that we have heard over the last 20 years they needed. Well…now its here…

  …I have to tell you the currency rate of 1/6 of a penny (IQD 1320 = USD 1) absolutely does not reflect the currency rate of the dinar. It is […]

I believe there is nothing more for the CBI to do but to issue the lower denominations and them to watch for inflation over a period, as their plan states […]

I address this question to guru Kaperoni who still thinks Iraq has to grow their economy first to get the current TRUE VALUE of their currency reflected in their rate.  […]

Iraq records the highest oil revenues since the start of 2023 which is also 2/3 more oil pumped than in 1991. The dinar rate in 1991 was over USD $3.  […]

Some intel gurus want you to believe the “official” dinar rate is now set at 1130 and the CBI has not yet changed their site. This is not true, however […]

Article:  “SPECIALISTS CALL FOR A REVIEW OF THE IRAQI FINANCIAL SYSTEM”  Quote:  “…the financial and administrative system in Iraq needs to be restructured…”  …of course Iraq does not need all these […]

Yes, there is always the possibility that the CBI could surprise everyone and they could suddenly push this forward. But…They have told me over and over again that when they […]

  …according to my conversation with my CBI contact in Iraq…I was told that there is still concerns about the dollar and the smuggling of dollars out of Iraq…There is still […]

…over the years we have seen the dinar rate change but this is an “artificially” manipulated rate and not a “free” float. This is important concept to understand. A free […]

This is why we need them to issue the lower denominations. So, when they do reach around 1000 program rate (probably more like just under 1000) they plan to drop […]

The IMF and the CBI told us years ago they are not going to swap out the 3 zeros notes for the newer lower denominations at a fraction of the […]

I presented scenarios to you in the past about the rate of these 3 zero notes…the rate is already close to 1:1 only they added 3 zeros to the currency.  […]

no one…can tell you the date of the RV?  In fact, I don’t even think the CBI knows until they get closer.  But what I do know…is that the CBI […]

…when I read the 2011 Dr Shabibi plan for the reinstatement process…He told us then that the de-dollarization is critical in Iraq’s currency reform process. So, it sounds to me […]

…the VALUE and RATE of the dinar are two different issues. Yes, the RATE should reflect a true VALUE but it does not today. They know it and we know it.  Iraq […]

… we have learned that the CBI is targeting a new revalued rate for the dinar of 1132 from 1320 and very soon…this is their target, and we know now […]

I do not believe the RV will go right away once the CBI gets the green light…they would RV first in-country and restrict it to Iraq. At that time, it […]

I do not believe the RV will go right away once the CBI gets the green light…they would RV first in-country and restrict it to Iraq. At that time, it […]

 …We wait for more news on the progression of the currency reforms being instituted by the CBI and the coming second “official” rate change to around 1000. But they are not […]

 …the CBI is still on track with the 2011 plan and is moving ahead with it. By reserving gold, they are moving to meet the Basel 3 rules…  an interview […]