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A government advisor confirmed, on Tuesday, that the parallel market for selling the dollar will witness a new decline during the next ten days and will come closer to the […]

I can’t think of anything bad that has happened to hinder the progress of the currency reform project within Iraq…I believe that perhaps Iraq has already moved beyond the point […]

The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C…the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is […]

In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar…

In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar…

…I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar.  I am…using…solid FACTUAL data from the articles.  Article quote: […]

…The dinar now is actually on an unofficial, highly managed “float” by the CBI but only within Iraq. I know for a FACT, not rumors or opinions, that when the […]

…I am going out on a limb to say that by June 2023 we could see this reinstatement of the dinar.  I am…using …solid FACTUAL data from the articles.  Article […]

The financial advisor to the Prime Minister, Mazhar Muhammad Salih commented, on Sunday, on the continued decline in the exchange rate of the dollar in the parallel market…The first step […]

The CBI needs to get this parallel market to the CBI official rate of 1132. 147.750 is a good start down from 150.000. It’s moving finally and I think this […]

Article:  “Iraq new date (2023) 5,000-dinar note (B354c) confirmed”  I thought Iraq was trying to get rid of these larger notes in the very near future with the project to […]

…I believe we are on the very cusp of the reinstatement. We are closer to this event than ever before. In these recent months I have presented so much information […]

Article:  “THE CENTRAL BANK REFUSES TO OPEN A WINDOW FOR SELLING DOLLARS TO CITIZENS, DESCRIBING IT AS A VIOLATION OF REGULATIONS”   We have waited for this news for a very […]

Article:  “AL-ALAQ: CENTRAL BANK PACKAGES CONTRIBUTED TO THE STABILITY OF THE DOLLAR EXCHANGE RATE”   Quote:  “the governor of the Central Bank, Ali Al-Alaq, announced the stability of the dollar exchange […]

Article:  “THE FEDERAL OIL AND GAS LAW WILL BE AGREED UPON SOON”   Quote:  “…there is an agreement between Baghdad and Erbil to enact the federal oil and gas law soon.”​

Article:  “THE CENTRAL BANK EXPECTS A DECREASE IN THE DIFFERENCE BETWEEN THE OFFICIAL AND PARALLEL EXCHANGE RATES IN THE COMING PERIOD”  Quote:  “…the Department of Issuance and Treasurys is working […]

Article:  “MINISTER OF TRANSPORT: THE GOVERNMENT’S VISION ASPIRES TO TRANSFORM IRAQ INTO AN INTERNATIONAL TRADE CENTER BETWEEN ASIA AND EUROPE”  …I told you that Iraq is going to be a […]

Article:  “PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT”  Quote:  “A member of the Oil, Gas and Natural Resources Committee, Kazem Al-Tooki, revealed that there […]

They have…fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq. They have changed […]

s the IQD going to be reinstated on FOREX…?  We now see that they told us recently this is where they are heading very shortly…

Article:   “THE RECONSTRUCTION OF IRAQ WITHIN A CLEARLY DEFINED VISION AND A DRAWN ROAD MAP BASED ON SEVERAL STAGES.”   …the key phrase here is “several stages”…This reinstatement could not just […]

… I would be VERY SURPRISED if we got to June 1st and still did not see the reinstatement of the IQD on FOREX and have it trading. Personally I […]

If this was not all amazing news out pops an article about the coins and I quote – “issuing coins in order to restore the value of the small currency, […]

From my contact at the CBI:  In the Mosque last Friday, they talked about the dinar once again. They told the people the dinar will “soon” be on the level […]

…the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of […]

Article:  “THE LARGEST BUDGET OF 2023 IN THE HISTORY OF IRAQ”   I believe this three year budget is going to be the “rebuilding of war torn” Iraq budget. This is […]

…the news today is still all about the dinar…Surprisingly enough the second rate change has not yet come out. Today the 2023-three-year budget just arrived at Parliament for the readings…So, […]

Article:  “THE OIL AND GAS LAW IS IN ITS FINAL STAGES OF APPROVAL”  Coincidental? All the pieces to the puzzle are coming together very quickly now…

[via PDK]  …in the news we witnessed yet another currency reform implemented by the CBI when the Central Bank decided in the ATMs to use only the local currency of […]