Wiljor

Some might say we have been down this road before. We have been down many roads in this journey, but something tells me that Iraq is on the road to be coming an international player. Oil sitting at 82.50 . Strong foreign currency reserves . Banking reform . Gold reserves . Education on banking policies . Revamping of state banks . Adjusting of the currency auctions . White paper . Sadir sounds(we will see) like he means business Love this quote from the article "A fixed exchange rate policy helps curb inflation, and a flexible exchange rate policy helps absorb external shocks. To me this sounds like floating of the IQD These are the main topics off the top of my head that make me think that we are on the other side of the mountain DV. I could be wrong, but I/we know that the IQD is extremely under valued and the only way they will prosper, become a player in the Arab world hence this article; THE ARAB MONETARY FUND, IN COOPERATION WITH THE INTERNATIONAL MONETARY FUND'S CENTER FOR ECONOMICS AND FINANCE IN THE MIDDLE EAST, ORGANIZES A COURSE ON "EXCHANGE RATE POLICY" Is to make the currency worth more then it is now, and how do they do this???? Just what they are doing now and have been for some time now, getting their act together. Just my 2 cents.... Keeping the faith 🙏

Good morning Yota, thank you sir 🙏 The Possibility Of Adjusting The Exchange Rate Of The Dollar Against The Iraqi Dinar, Saleh Said, “Adjusting The Exchange Rate Is One Of The Actions Of Monetary Policy In Achieving Stability, Targeting Inflation And Limiting Its Heights Under The Effective Central Bank Law,” This has been the plan all along "The exchange rate is one of the actions of monetary policy" This will bring prosperity to its citizen, and, bring Iraq to the world stage and make them a global competitor. Keep the faith DV, its getting serious

Good morning Yota, This is great news DV, the new banking reforms are now coming on line, we are getting closer 🙏

Good morning Yota, Lets pray they approve this one fast Article 111 concerned with the necessity of approving the oil and gas law,

Good morning Yota, "He called on those in charge of the economic file to "put effective plans to quickly get rid of debts and achieve economic recovery for the finances of individuals, which would achieve stability in the economic conditions of families and improve their standard of living." Oil is at 80usd p/b The above quote, I believe, is talking about implementing HCL, and, while the oil riches are now happening at this price, its the perfect time. The budget was calculated on 43 usd p/b or close to it.

Good morning DV, We have been around long enough to know that WE really don't know if and when this investment will bare fruit. I remember when someone told me about this investment, they said that I better act fast as it could happen any day now. Well, I'm still here, and will be until this thing goes one way or the other. What we must understand, and Im sure we do, is that Iraq's currency is extremely under valued for the resources they have, oil, minerals, etc... This investment is one of those really long shots that could pay off, just like any other investment. The risk reward lies in each and everyone of us, and we all have our comfort zone regarding. What I can say for sure is that this currency is undervalued, that is fact. In order to give value to this currency there are many things that must come into play here, which I think this current president Kazemi, is implementing. Yes it's been a long wait, yes it's been a frustrating ride, and yes for some, patience is coming to an end, but one thing is for sure, I believe we are coming down to the wire here and after all these years, we could see a change in the value of the IQD. Iraq can not become a global leader with a currency value of a fraction of a penny, it's just not sustainable for them to be competitive in the global market place. @Artitech is correct, there is nothing more to hash out here, this topic has been discussed to the bone, Adam is for sure in the back ground monitoring all the goings on related to this investment. Now, it's just time to sit back and wait....just a little longer, and maybe, just maybe we will see our investment come to it conclusion. I am grateful that we have our news people, especially Yota, who bring us the daily updates and latest current events out of Iraq and the entire team here in DV. I for one do not feel abandoned at all, I can come and read here every day if I wish, I can send a mail and it gets responded, I can get the latest stock and crypto info, and most important, I can interact with all of you, which is a blessing indeed. Hang tight ladies and gents, something is going to give in this investment, and it could be anytime now

Interesting 🧐 Is there something going on?

Totally agree with you brother Laid Back. By talking about, and posting in the various forms of media, the exchange rate. You are hiding the obvious in plain site which is a well known tactic to keep a hot topic hidden, also, by all this talk you keep the investors/speculators guessing.

Thanks ever so much Yota for your ongoing support here in DV THE DEBT OF IRAQ…. Kinda like a drop in the bucket compared to the US debt. 28 trillion and counting 🥵 Which by the way, they are once again debating on raising that debt ceiling. I guess we just have to get used to it, if we aren’t already, debt is what runs the world 🌎

"The increase came as a result of the reform measures taken by the government after many bet on their failure and non-continuity," adding, "We succeeded in stopping the waste and great corruption in the notorious Central Bank auction, and we are proceeding with our procedures and we will not stop." This statement is HUGE DV, It is yet another confirmation that Kazem means business.

Good morning Yota, Appreciate you sir 🙏 Wonder what they are going to vote on, and, what are they going to discuss?

Good morning Yota, much appreciated 🙏 Moving Iraq to an automated economy, means an open market economy. "They also discussed "the process of recovering Iraqi funds smuggled abroad and the government's efforts in this context, as well as cooperation between Iraq and the STAR initiative to recover looted funds" Maliki hasn't got a chance

Wishing it so screwball, keeping the faith 🙏

Nope, its not going to happen. Maliki is a criminal of the state and a threat to the future of Iraq's progress. I find it extremely unlikely that this idiot can win the election, "The first and second mandates of Al-Maliki were the worst, and talking about a third term is a figment of the imagination," " “the Sunni forces refuse to nominate al-Maliki for this position because they accuse him of sectarian incitement during his tenure in office, and the main accused is handing over the Sunni provinces to ISIS," "Despite al-Maliki's meeting with Barzani, writer Saman Noah believes that "the Kurds are sensitive to al-Maliki, and they consider him the first reason for creating crises with Baghdad during the previous years." Just a few reasons why this chump won't be President

"The expert in economic affairs, Dr. Hussein Al-Khaqani, suggested to the Central Bank to digitally reintroduce small denominations, which would provide sums for the public, after amending the digital banking system" The introduction of lower denom notes, be it digitally or physically, coincides with the financial reform operation currently underway. So much talk of Exchange rate changes and now this, perhaps "when" is closer then we think DV, and, while oil is hovering near 70usd pb, and the budget set at a pb rate of 45usd, perhaps Kazemi is looking to guarantee his seat for another term by adjusting the rate before elections.