mnt

Article:  “ADOPTION OF THE NATIONAL CURRENCY (CBI)”   Quote:   “…the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system […]

Article:  “AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?”  There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know […]

Article:  “AN OIL AGREEMENT PAVES THE WAY FOR ANNOUNCING A COMPREHENSIVE BUDGET IN THE COMING DAYS” Quote:  “…there is a presence to deliver Kurdistan’s oil to Baghdad to proceed with […]

…as long as the budget is not yet opened a new rate can be calculated within the budget.  There is always times to change it if it is not yet […]

Resulting from the February 9th meeting in Washington DC, Iraq was given 90 days to monitor for inflation and get the fixed CBI rate of 1320 under control and stable… […]

…when I talked to my CBI contact late last week it was a very positive conversation and I was left with the impression that this RV saga could finally be […]

…the Central Bank of Iraq launched the second package of reforms. In a remarkable statement, the Central Bank of Iraq announced, a plan to allow trade with China in Chinese […]

There is some amazing news and it falls directly in line of what we should be expecting at this point in time. We all should realize by now the IQD […]

Article:  “PARLIAMENTARY ENERGY: THE OIL AND GAS LAW WILL PASS THIS SESSION AND WE ARE WAITING FOR IT TO ARRIVE”  Draft oil and gas law…the Parliamentary Oil, Gas and Natural […]

…The conclusion of the dialogues of the Iraqi delegation in the United States of America, related to the dollar crisis are completed. In a way this visit was different from […]

The news from Iraq this period is all very good and moving in the direction that we could possibly see the reinstatement soon. I do not have a date sorry!  […]

Beginning of the White Paper reforms for Iraq …The Wealth Transfer is coming…  yes it is in progress. Weeks ago the IQD was taken off the sole peg to the […]

I am being told by my CBI contact that the CBI has about two weeks to prove they can withstand a rate of 1000 dinars to the US dollar… they […]

Article:  “PARLIAMENTARY WEALTH: ALL ROADS ARE OPEN TO PASSING THE OIL LAW IN PARLIAMENT”  This article is music to me when I read it… Yes we [have been] waiting so […]

…Everything is pointing in the right direction that this could literally happen VERY SOON…

Article:  “MEMBER OF PARLIAMENTARY ENERGY: A “SEMI-OFFICIAL” AGREEMENT ON THE OIL AND GAS LAW”   As I stated many times already the new 2005 Iraqi constitution states that there shall be […]

…we don’t yet have the RV we want but remember the 2023 budget is not yet passed or opened and so there is still a very good chance that the […]

Article:  “IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA”  Quote:  “Iraq has come a long way in combating the financing of terrorism and money laundering.”   …Iraq was removed […]

Article Quote:  “Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was “stronger” than the dollar, while urging citizens not to acquire dollars.”   we hear it now […]

Conversation with my contact in the CBI (continued):   [See Guru Mnt Goat post 2-1-2023 below for the beginning of the converations]:  Question: I asked one more question about the timing […]

Conversation with my contact in the CBI (continued) [See Guru Mnt Goat post 2-1-2023 below for the beginning of the converations]:  Question: Isn’t the value of the dinar much greater […]

So, it was time to catch up with my contact in the CBI… What I found out through my conversation is that they know they must stop the corruption and […]

WOW! So much news once again about the dinar and… today we are hearing many surprises…The CBI is going to allow any currency to be accepted by the banks in […]

…Banks don’t get notified, get it!   This would be called “insider trading”. The US Treasury is not going to notify the banks prior to a rate change of any of […]

Article:  “THE OVERTHROW OF SPECULATORS AND THE STREET GIVES THE CENTRAL BANK A WEEK TO SAVE THE DINAR”  …these dinar rates at even 1166, 1450, etc. are NOT acceptable. The […]

..we had some “WOW” news this week with the inauguration of Ali Alaq as the director of the Central Bank once again. No, he is absolutely not in a proxy […]

The graph below shows where Alaq wanted “to restore the prestige of the dinar”.  This is where he said he wanted to go with the dinar. Look at the graph […]