[Will the agreements signed with the US Treasury reflect positively on the exchange rates?]

It is my belief that this issue is the 800 lb. gorilla in the room preventing the exchange rate we want. 

Central Bank of Iraq, with the US Treasury regarding the sanctions imposed on Iraqi banks or even the issue of financial transfers to Iran. 
 

When the IQD reevaluate in a positive way, Iran will become very wealthy as others will. Is this why the U.S. is preventing it right now or is the U.S. preventing it! 
 

Thoughts?? 

[Currency window cancellation]

2 hours ago, 3n1 said:

always refer to the cbi for the iqd value

The CBI is the only entity I trust as far as the IQD rate is concerned. No matter how wonderful articles sound, I will become excited when the rate changes on the CBI site. 

[Currency window cancellation]

I suppose I’m slow this morning but If this is a currency exchange company, why wouldn’t the Dinar be posted? One can visit any exchange company to buy or sell the Dinar. Am I missing something??
 

[HOT: Al-Sudani from America: The justifications for the presence of the international coalition in Iraq ended today - 4/19/2024]

ISIS is still alive and well in Iraq and some neighboring countries. I fear if the U.S. pulls completely out, ISIS will get a strong hold again. Iran is also strong in Iraq and will most likely become stronger without a U.S. presence. If the U.S. is forced to leave, maybe they will still be close by and can go in and take care of business if needed. Just some ramblings this morning 🙄😊

[US dollar climbs against dinar in Baghdad and Erbil markets]

Good to see you MyLadiesDaddy, it’s been awhile. 😊

[US dollar climbs against dinar in Baghdad and Erbil markets]

There’s so much corruption in all areas of the  government of Iraq and many of the officials are becoming quite wealthy the way things are right now. Those same officials who are becoming wealthy don’t care one whit about the average people so I see very little that encourages me to believe anything will change imminently.   I would love to be wrong, hopefully I am. 

[Al-Abadi supports the renewal of the Sudanese mandate: Four years are not enough to achieve reform - 3/26/2024]

12 hours ago, ronscarpa said:

provided that it is a reform process for the state and not For personal or party interests.”

This is the key phrase, in my opinion, for the whole article. 
 

I don’t know if we will ever see a return on our hopes, dreams, and prayers with the dinar but I do believe It’s all about personal and/or party interests that control EVERYTHING that goes on in Iraq. I’ve been warned by people who have spent time in Iraq that the country is so corrupt that there will never be an agreement on anything due to the different power hungry factions. I am becoming a believer and feel about ready to cash in my chips. ☹️

[Al-Maliki calls for “protecting the Iraqi society from waves backed by Masonry and Zionism"]

10 hours ago, rvmydinar said:

What the hell is he still doing there? I thought He was already in prison for corruption charges for the rest of his life.

In our dreams only. 😡

[Mid-2024.. Iraq leaves government monetary dealing]

13 hours ago, southbeach said:

But oh what a wheel chair it will be

Maybe afterwards 😂

THEN, I will have the latest and greatest power chair 😁

[The United States intends to refill the strategic oil reserve - 3/19/2024]

2 hours ago, ronscarpa said:

In the wake of the Russian-Ukrainian war, US President Joe Biden announced an unprecedented withdrawal from oil reserves in a move criticized by Republicans.

WHY would he do this?? Hopefully the U.S. won’t need the reserve oil before the end of 2024. That reserve is for the emergency use for the United States! 😡

[Mid-2024.. Iraq leaves government monetary dealing]

42 minutes ago, 3n1 said:

imo i dont think they will be any different than america , digital and cash running side by side , the USA did set up the banking , my conjectures only .... cheers

Absolutely agree. I use a debit card extensively, BUT must have money in the bank to back up that card. Perhaps 2024 will be our year, surely will be nice. I hate to have to go cash in in a wheel chair 🤨😁

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

10 minutes ago, davis411 said:

That’s what she said

Davis, what are you sipping on or smoking?? 🤨

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

8 hours ago, Mary B said:

The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. 

 

https://www.jpost.com/middle-east/article-791161

 

is that .76 cents

 

In their “weighing”, I hope they actually decide to do it instead of just talking about it forever. 

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

I’m very encouraged by these articles but so surprised definite plans are being announced. I never expected immediate plans to be advertised. All I can say is “Come on down!” 

[Official: The issue of Iraq’s accession to the World Trade Organization is coming soon - 3/05/2024]

11 hours ago, 3n1 said:

have researched pages and pages of wto requirements and have not read where a international tradeable currency is a requirement im still searching but sure would like to see it in print if anyone could point me to it

I’ve researched this topic some as well. I can’t find the phrase “international traded currency”, but I did find this info:

https://www.wto.org/english/news_e/news12_e/s4_martin_sciences_po_e.pdf
I believe this info points to a WTO member’s currency must be “exchangeable” with the country with whom they are trading. Thoughts anyone?? Perhaps I’m reading more into the info than is actually there?? 

[It will be influential.” Iraq completes its preparations to join the World Trade Organization]

I suggest we wait for the WTO to announce the entry of Iraq into a full membership of WTO before we pop the cork. I recall many times in the past when different Iraqi individuals made statements which sounded wonderful but nothing came to fruition. Just my thought. 

[It will be influential.” Iraq completes its preparations to join the World Trade Organization]

On 2/29/2024 at 9:52 PM, tn vol said:

Do they have to have a recognizable currency to join the WTO?

It’s been my belief they must have an international traded currency to be a full member of the WTO. But, I don’t study Iraq as much as I have in the past so may be in error. 

[A series of explosions rock an American base in eastern Syria - 2/03/2024]

Scary times in the Middle East! 🙁

[Russia proposes to Iraq and Syria to submit a request to hold an emergency session of the Security Council regarding the US strikes - 2/03/2024]

Russia and Red China would love for Iraq to kick the U.S. out of Iraq so they could “fill the void”. Thankfully even the current US Administration has more sense than listen to the garbage. 

[Iraq is in the process of banning nine electronic games that fuel violence and incite crime - 1/31/2024]

On 1/31/2024 at 11:32 PM, ronscarpa said:

This is exactly what we need to do here in the US. These games are dangerous, devalue life, and stir harmful emotions - especially in the formative years. It is brainwashing and conditioning them. It desensitizes them to violence.

Yes!! I was just watching a news item about some of the horrible programs and the damage they are doing to many of our young people. What is wrong with us for allowing this??

[Biden: I have made a decision on the nature of the response to the Jordan attack - 1/30/2024]

I totally agree and because of the open border situation for the past 3.5 years, there are at least thousands, maybe tens of thousands, of sleepers in this country. God help us if this country doesn’t change course this coming November. 

[Biden: I have made a decision on the nature of the response to the Jordan attack - 1/30/2024]

1 hour ago, NMP2017 said:

You had one in Trump but he wouldn't play the game l

I agree. I will vote for him in the Primary and the General Election if he’s the nominee. I do believe he was a bit more “loose cannon” than Reagan but there were definitely similarities. 
 

[Biden: I have made a decision on the nature of the response to the Jordan attack - 1/30/2024]

US President Joe Biden said on Tuesday that he had made the decision regarding the nature of the response to the Jordan attack that killed 3 American soldiers and injured more than 30 others.
 

blah blah blah.
A true Commander in Chief would keep his #*/.% mouth shut and take care of business properly. THEN maybe a press conference. He and his administration did not and does not plan to do one thing about our military being attacked, injured, and killed which, imo, encourages additional such attacks.

How many recall Reagan having a missle flown into Gaddafi’s living room? We had very little trouble from Gaddafi from that point on. I long for that kind of leadership.

[Iraq returns to the World Trade Organization 14 years after its expulsion]

7 hours ago, currenzcraze said:

The article title is misleading because it says they have returned when the article clearly says they will be returning.  Another year of blah, blah, blah.

I immediately went to WTO.org and couldn’t find any verification of any planned meetings on this subject. Perhaps I overlooked it so if anyone else finds it, please post. Iraq rejoining the WTO would be a huge step. IMO.

[Iraqi Foreign Minister: Baghdad is the one who determines the need for American forces to remain or not - 1/11/2024]

13 hours ago, screwball said:

Sorry Bama the source of chaos is the deep state and CIA

I have no argument with this statement. None whatsoever! This is a very deep subject and my faith in the alphabet organizations is almost nonexistent.