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I did not want to make this report but things have gotten so bad in Iraq I really have no choice.  Iraq is the only country in the Middle East […]

The exchange rate in the beginning could be very very different than the exchange rate further down the road.  That’s why many people say if you have a million Iraqi dinars […]

Zimbabwe has done a magnificent thing.  They have come away from 3-diget inflation to a currency that is now worth $0.03 to 1 Zimbabwe dollar…If you are holding 1 million […]

I found out about the IQD from a US military soldier who had a letter in his file from Condoleeza Rice who at that time was Secretary of State.  The letter […]

But the people aren’t buying it.  They refuse to put their money in the bank…One country grows and another one is stagnant.  The city I am now in is one […]

We’re going to compare Iraq’s currency to that of…[the country] Georgia…born on April  9, 1991…I am right on the coast of the Black Sea…This country is less than 36 years […]

Iran just restarted natural gas exports to Iraq…We’re talking about roughly 7 million cubic meters of gas per day…Why is this so important?  Because Iraq relies heavily on the gas to […]

Right now Iraq is a long long ways from being safe.  The military consultants now in Iraq are running for their lives and other military personnel from other countries are […]

In other words, the bank is saying the currency isn’t sliding because of what they’re doing but because of what’s happening in the wider economy.  They’re also pointing out that when […]

Let me explain what’s really going to on with the Iraqi dinar right now because a lot of people are pointing fingers at the Central Bank of Iraq.  The bank […]

The State Bank of Vietnam does not allow the dong to float freely.  Instead the State Bank of Vietnam manages the rate against the dollar to keep exports competitive and […]

International payments and trade are expected to continue without disruption…The CBI has reviewed potential risks and confirmed that it’s fully prepared to act quickly if conditions change.  Overall, the message is simple.  […]

Good news from Iraq’s Central Bank of Iraq.  The CBI is sending a clear message that the country’s financial system is stable and under control.  Iraq currently has strong foreign […]

Al-Sudani has been busy…trying to…prevent Iraq from becoming the next battlefield…This challenge is balancing three powerful forces…Pressure from Iran linked militants inside of Iraq, pressure from Western governments who want […]

The Central Bank of Iraq has announced they do not plan to adjust the currency now or immediately after the conflict.  But when the US, IMF, World Bank, UK, when they […]

For the longest, Baghdad has been dragging its feet about the oil pipeline in the KRG region that leads to Turkey and then to the Mediterranean Sea.  But now because […]

Article: “US Embassy in Baghdad struck in missile attack – as projectile breaches heavily fortified Green Zone”  Quote: “Hours later, the US Embassy in Baghdad urged US citizens in Iraq to […]

I’m in Eurasia near the Black Sea.  So far things here are calm and peaceful.  People from all over Europe are traveling here for a holiday…The cost of living here […]

Disturbing news.  I’m sorry guys, I’m only reporting news that could directly affect us or Iraq.  Iraq is not in this war, not officially, but they have been attacked by […]

War always brings about opportunity and loss when it comes to currency investments.  Here’s the general summary on the currencies of the countries involved.  Iran: Currency is collapsing due to war […]

The IQD is holding strong at 1390 to $1.  However Iraq’s oil production is collapsing…This is a global crisis.  Oil prices are moving to and above $100 per barrel…Oil production from […]

I want you to truly understand the situation Iraq is in.  Iraq’s economy is based on US dollars…They trade mass amounts of monies across the border from Iran.  Iran also provides […]

How do you exchange millions of dollars each year with your next door neighbor (Iran) without banking facilities? …I believe Iraq has designated certain banks to be able to deal […]

The unofficial rate that is causing problems in Iraq.  I can’t get heads or tails on what the true unofficial rate it.  All I know is that it’s high [In […]

Iraq has announced it is reducing production at major oil fields because the Straits of Hormuz is effectively closed. So yes, oil is headed to $100 a barrel, it was […]

Many see light at the end of the tunnel for an IQD adjustment after this conflict is over.   We do not know when the IQD will adjust…If Iran is […]

The IQD exchange rate is holding its own at 1392.52 IQD to 1 USD.  This is our main concern… However…Iran is playing an entirely different war than expected. Iraqi force fire […]

Oil price have risen to $80 per barrel.  This is good news within itself for Iraq.  However Iraq has another problem… Article: “Oil soars amid Strait of Hormuz shipping fears […]

Article:  “Iraqi militia targets US base in Baghdad”  These kinds of actions from Iran backed militants in Iraq could have the US turning around and striking these militants right where they stand […]

You can be assured there will be blow-back because Iraq’s airspace was used.  I’m reporting it before it explodes in the news.  Iraq is not happy about their airspace being used […]