Iraq’s prime minister has dismissed the governor of the country’s Central Bank of Iraq and assigned its former chief of the CBI. The Ir… Read Full Article
Iraq is facing a deepening hole in its public finances because of a crackdown on corruption and dollar smuggling…The Iraqi government depend… Read Full Article
Urgent Urgent news…it is no longer just one or two stories about the money situation in Baghdad. It has become a major unique report news on the I… Read Full Article
Iraqi banks have had to comply with certain criteria of the SWIFT International Transfer System in order to access their foreign reserves. This for… Read Full Article
The official IQD exchange rate has been fixed at 1470 Iraqi dinars against 1 U.S. dollar. Now the currency was trading at up to 1600 on local markets fr… Read Full Article
International news feeds light up with details on the Iraqi PM statement on US troops. Article: “Iraqi PM backs indefinite US troop presenc… Read Full Article
One of the conditions required Egypt to float their currency…the immediate results were high prices and…a sudden widening of the exch… Read Full Article
This is an extremely important lesson and real case study of the Central Bank of Egypt’s decision to float the currency. We are sharing this in… Read Full Article
Iraq is still under sanctions and the powers that be (UN, US, UK/EU, IMF, World Bank) are not interested in allowing Iraq back into the global markets w… Read Full Article
In 2004 the CBI set up the foreign currency auctions as a way to control the rate on the black market. Now we understand it is the black market that has co… Read Full Article
Article: “Iraqi dinar trembles as US fights currency flow to Iran” Major major concern over currency in Iraq or the lack of U.S. dolla… Read Full Article
Why the IQD/USD exchange rate matters to people in Iraq – Iraqis who are paid in dollars have more purchasing power…people paid in dinar… Read Full Article
Why the IQD/USD exchange rate matters to people in Iraq – Iraqis who are paid in dollars have more purchasing power…people paid in dinar… Read Full Article
All this talk about revaluing the currency is only about taking the currency from 1500 IQD back 1150 IQD approximately to 1 US dollar. All this commot… Read Full Article
You would have less than 2 weeks to protect yourself from taxes of approximately $87,500+ U.S. dollars if you are single and you have a few deductions&… Read Full Article
What if the Iraq dinar revalued this week? Iraq does not celebrate Christmas, so they are working while the rest of the world is out shopping for gifts… Read Full Article