reset:

For most of the past 23 years, the IQD has traded in a country with American soldiers on its soil.  As of Sunday, Iraq’s Foreign Minister says there are none […]

The moment good news [of the dinar RV] breaks is the moment the scams arrive.  Fake buyers, fake processing fees, fake urgency.  Anyone who contacts you first and asks for […]

Two documents decide whether your exchanges clears smoothly – Identity and source of funds.  Have both ready…and most of the friction disappears.  Arrive without them and you are the delay. […]

Prime Minister Ali al-Zaidi sat down with a table of American banks and financial institutions. He told them why Baghdad’s banks have been weak. In part, his office wrote, it […]

The Iraqi dinar was born in 1932, the same year Iraq became independent with British air bases still on its soil. The last British forces left in 1959, and that […]

Iraq priced its 2027 budget barrel at half the market. Kuwait did the same. The law that carries that number also carries the IQD’s new rate…A central bank tells you […]

CBI Governor Nizar Nasser Hussein put the authority map in writing: new banknote denominations are the bank’s decision alone, deleting the three zeros needs a bill through parliament, and a note […]

Everyone has read September 30 as the day the troops leave Iraq.  On Thursday, Iraq’s Ministry of Finance read it differently…”Sovereignty in money…that the financial decision be Iraqi.” …The official rate […]

We have watched [the CBI] through every loud week since April and its discipline has not cracked once. It denied the new notes, while the production notice surfaced, it denied […]

A currency is sovereign when the state that issues it, sets the price, holds the revenue and clears its own payments.  Iraq has spent 23 years on the wrong side […]

A country declares sovereignty over its territory with a flag and a ceremony.   Sovereignty and money has no ceremony.  It is declared with a number on a morning the […]

On Tuesday Trump and six Gulf Heads of States settle what the region looks like after Iran…September 30th the withdrawal completes, the disarmament date lands and the ministry’s sovereignty date […]

Reset Intelligence: The Iraqi press reported the state is discussing replacing the entire banknote series, with deleting the zeros explicitly ruled out for now and new notes below 250 dinars on […]

Iraq’s Ministry of Finance published… “Sovereignty in money… that the financial decision be Iraqi.” …with the hashtag “Iraqi Sovereignty Day.”  Finance ministries do not deal in slogans. They deal in […]

Reset Intelligence: 5 mistakes IQD holders will make on payout day: 1. Using one bank. You want two or three. 2. Chasing the rate instead of preparing documents. 3. Believing anyone […]

The people drafting Iraq’s 2027 budget let their working price for a barrel of oil surface in the Iraqi press: somewhere between $50 and $70, while the barrel trades above […]

The first [bank exchange] rate you are offered is rarely the best one available.  Rates differ between providers on the same morning.  People who compare three options keep more than […]

A budget can’t exist without a rate in it…Now the part everyone is blending:  The budget doesn’t SET the rate. It records it. Since a number has to go in […]

Reset Intelligence: Every gate in front of the IQD now carries a date and Baghdad said one of them.  Iraq’s budget reached its cabinet on schedule, with the parliament vote fixed […]

The budget reached the cabinet on schedule.   Al-Zaidi…spent Monday in Paris, across a table from Edouard de Rothschild of Rothschild and Co…On the day the most consequential document in Iraq’s […]

Lincoln fought the central banks and was killed.  Andrew Jackson survived assassination attempts over the Second Band of the United States.  Kennedy tried silver certificates and was killed five months […]

Tuesday, Iraq’s 2027 budget draft goes before the cabinet in Baghdad, the first complete budget since 2023 at roughly 200 trillion dinars, and every budget is built on an exchange […]

Reset Intelligence: The 800 number, the appointment, the contract rate, the NDA…I went looking for them – through every banking authority, every central bank statement, every court record that touches […]

Chevron does not gamble…and does not pre-pay.  Its entire business is deciding which countries can be trusted to deliver barrels against dollars.  It has priced that question in Iraq at […]

Foreign holders are on a separate rail from Iraqi citizens. The domestic swap runs through the Central Bank of Iraq…The international rail settles in your own country, paid in USD, […]

Yesterday Iraq walked into OPEC’s capacity audit and filed a demand: a production baseline of 6 million barrels per day. Its current quota sits near 4.4 million…a third above what […]

[Iraq’s] Cabinet amended its own Decision 348 to authorize the Oil Ministry to sign three agreements with Chevron: an advance payment arrangement, a crude supply deal, and a technical consulting […]