omar

They’re talking on the television right now about removing the zeros from the Iraqi dinar.  They say it is a long awaited economic reform or a risk of inflation…The television is […]

They’ve gone from denial constantly telling us we will never remove the three zeros from our currency now to telling us on the television from the finance committee that removing the […]

The decision has been made.  The currency will change and the zeros removed…The new currency began arriving in Baghdad 10 days ago after it had been contracted for printing long ago.  The […]

This is on television…Zaidi says to us “changing the value of the dollar and removing the zeros on the dinar“, there has been a renewed discussion in Iraq in 2026 on […]

On TV…they said it was a redenomination.  That word was used a lot…They said because it is a redenomination we citizens inside of our country, wouldn’t lose any money but […]

All of our CBI friends here want you to know they’re lifting the three zeros but it’s more of an accounting for us citizens.  When they lift the three zeros […]

The redenomiation is a framework event.  It is not a payoff event.  It cleans up the monetary system, improves credibility and it lays the runway for a sustained revaluation.

The CBI deputy governor said today…redenomination and revaluation…They gave us two big steps…Step #1: Redenomination…they gave us four categories for this.  1. The redenomination phase removes the three zeros from circulation […]

On television Prime Minister Z is going to leave Iraq on Monday the 13th.  He’s leaving with a whole bunch of businessmen out of Iraq that are going to Washington to […]

Zaidi comes out and he tells us Qaani gets permanent banned from Iraq.  Iraq declared Iran’s Quds Force Commander persona non grata.  That’s the same position Soleimani held…This is the first […]

Prime Minister’s legal advisor…said the looted funds have exceeded $2 trillion and public trials are anticipated for the corrupt defendants…They are telling us [$2 trillion] equals 3 quadrillion Iraqi dinars […]

When Kuwait revalued, right before they revalued they passed a law with the central bank that all of the stolen currency it would be non-validated.  It would be null and […]

When we used to get the HCL payments, it was a yearly check.    It wasn’t a monthly thing.  It was a yearly check and you usually got it in […]

When Iraqi leaders talk about “financial monetary reforms” they are referring to things like modernizing the banking system, reducing cash dependency, integration with international payment systems, tightening anti-corruption controls, increasing […]

On the television we have our prime minister Zaidi.  He said we’re going to start the next phase.  We will see the launch of a “comprehensive economic and financial reform program” that […]

The leader of the Iranian Revolutionary Guard has just shown up and surprised all of us here.  He shouldn’t be here.  He is in Iraq today.  He came to meet with the […]

We are seeing tons and tons and tons of what looks like drones flying all over Iraq.  They’re flying everywhere.  They’re all coming from the same direction – Iran.  There […]

The Gazette framework confirms Iraq is restructuring the FX system.  They do confirm the CBI is preparing for a policy shift.  It does confirm that the exchange rate discussions are […]

You need a fully seated government in order to even consider a new exchange rate.:Omar 

The United States has blocked $500 million in cash delivery to Iraq in order to pressure Baghdad in dismantling the Iranian-backed militia.  We found out today that a cargo plane carrying […]

What Iraq usually does before a rate change:  1.  Before every major FX adjustment Iraq has made historically, you have to look at 2015, 2020 and 2023…because that’s when the […]

What has not been officially announced?  #1 the new exchange rate to fill in the gap of all this [monetary reform] they’re talking about.  #2 A reinstatement or international float.  […]

TV talking about Iraq has modernized the dinar…The CBI has repeatedly said the monetary reform project is in its final stage…so yes, the infrastructure of the dinar has been modernized.  Is Iraq […]

Apparently whatever was signed with the CBI and the media busted all of this [Maliki Wikileaks] information loose…It’s become a noticeable topic of discussion among the public.  The details about […]

Bank executive friends…said it is totally normal for things to get chaotic and confusing just before a big financial event in our country of Iraq.  It’s basically tradition so no […]

The television economist said this about Phase II of the monetary reform…In phase II, which Iraq is rolling out in 2026, they are finalizing the currency reform steps… The idea […]

When they do announce the reforms with the new rate that means we are ready to take on the international partnerships.  The next step after the compliance is certified by […]

Sudani on TV…He mentioned many things like celebrating a national holiday…talking about the United Nations leaving Iraq.  He spent such a great amount of time talking to us about the […]