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“Member of the Board of Directors of the Central Bank of Iraq, Ahmed Barihi, confirmed today, Monday, that the issuance of new cash denominations, large or small, will not affect the dinarexchange rate” "The Central Bank of Iraq is working according to well-studied plans, and there is no intention to issue new currencies in large or small denominations." “If we assume that the central bank issues a new currency, this will not affect the exchange rate of the Iraqi dinar." It feels like a warning that something is going to happen. They’re giving us the heads up.! Go new dinar rate Go Lower Denomination notes Go purchasing power

I always remember this every year about this time. There was a guy named George Robinson (never had heard of him) who predicted in/about 2012 the dinar would revalue on May 31st at $3.81. He just didnt say what year. At the time, we were so excited at the thought 😆.

the issuance of new cash denominations, large or small, will not affect the dinar exchange rate. there is no intention to issue new currencies in large or small denominations. …. something’s up.

Of all the articles I’ve ever read, this one is the closest one to being a smoking gun I’ve seen.

Economy Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate Today 13:40 Information / Baghdad Member of the Board of Directors of the Central Bank of Iraq, Ahmed Barihi, confirmed today, Monday, that the issuance of new cash denominations, large or small, will not affect the dinar exchange rate. Brehi told Al-Ma’louma, “Issuing rumors on social media sites about the issuance of new monetary denominations aims to create a state of confusion in the Iraqi market.” He added, "The Central Bank of Iraq is working according to well-studied plans, and there is no intention to issue new currencies in large or small denominations." He explained, "If we assume that the central bank issues a new currency, this will not affect the exchange rate of the Iraqi dinar." Ended / 25 AD https://almaalomah.me/news/65796/economy/البنك-المركزي:-صدور-فئات-نقدية-جديدة-لن-يؤثر-على-سعر-صرف-الد

Blessings to all Dinarians... Let us not forget the holiday we enjoy today is not just another day off. This day is not free...it was purchased with a heavy price. Let's remember & honor our veterans, the military, 1st responders to include policemen, firemen, EMS, Drs, nurses or anyone else who puts themselves in harms way. Bless you, Dinarians & may God bless America, again.

I am with you guys. Why even say this if they were planning nothing. ? Praying sooner than later

They might try and take the tube out today if cardiologist isn't planning surgery today or tomorrow and his lungs cleared out more over night.. Prayers are working thus far, thank you everyone!! 🙏🙏🙏

"Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate" BAM !!

Did they just discretely announce lower denoms as to not cause to much attention? I think they did..

Something has to be coming and very soon! Praying for the 31st!

This is incredibly tiresome. Every year it's this or that or something or other woven with a myriad of reasons, excuses & explanations...then additional explanations (& contradictory ones) to explain those reasons, excuses & explanations. If/When they ever get round to pulling the trigger on the IQD, I will be properly excited. Til then, 20+ years & still waiting.

Well that is interesting! They are correct, issuing new denominations will not effect the exchange rate, however nobody will use lower denominations if bread is still 3000 iqd. This article excites me a lot!

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Samson The World Bank said on Friday that the disruption of oil supplies if the conflict escalates in the Middle East could lead to a rise in global inflation rates. Mnt Goat Samir Al-Nusairi, the Central Bank announced that it will launch the national lending strategy on 5/25/2024, which is a clear announcement of the beginning of the second phase of its banking reform strategy. CBI announces it has completed the first phase of it by building solid international banking relationships with international banks and correspondent banks. Get ready..

Let us not forget the ultimate sacrifice many have given. We can never repay that. It is not about hamburgers, hotdogs and parties. It is about respect for our fallen humans who gave all.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Militia Man In 2016 Gold was right around $1,500 bucks an once and today it's running $2,300 to $2,400 bucks an ounce. They increased their gold supply by about 40 tons. Their currency reserves are around $110 billion. They have a massive amount of wealth. They have the ability to support their imports for about 16 months they say, which is about 5x what they need. That's important. They don't want to reduce those. They'd like to keep them on hand. Iraq has a good foundation for Alaq to do what he's supposed to do, and it'll only get better if he does. Clare Article: "In light of the Middle East conflict, the World Bank expects oil prices to exceed $100" Quote: "The bank said in a report published today that a severe price disruption could lead to oil prices exceeding $100 per barrel, which would increase inflation in 2024 by about one percentage point."

It's true. Issuing new denoms, large or small won't affect the exchange rate. But RVing will when they issue the new smaller denoms. Issuing smalls is not going forward if they don't up the rate and at this point I don't sense they are going to drop the rate again so no need for any newer large denoms. Or they are just stating the plan in black and white and no amount of reading or interpreting between the lines needed to realize at this time they are not going to RV nor put out any new denoms. Of course, I prefer the former. Issue new lower denoms and RV. Either way, this article is a bit frustrating if you are a glass half full kind of person. I on the other hand, am a glass overflowing kind of person and am just waiting for our RV in due course. Go Lower Denoms! Go RV/RI !!!! Go OVER on the Celtics/Pacers game!!! LOL!!! (that last one has a more immediate impact on my finances)

International praise for the efforts of the Iraqi Central Bank: controlling inflation and strengthening the banking sector Drains Economy News - Baghdad The International Monetary Fund praised the actions of the Iraqi government led by the Central Bank of Iraq, indicating that it had taken several measures aimed at stabilizing the national currency and controlling monetary inflation. The Central Bank media stated, in a statement received by Al-Eqtisad News, that it “raised the interest rate on monetary policy tools from 4% to 7.5% and increased the mandatory reserve requirements for banks from 15% to 18%, and these steps were decisive in reducing the inflationary pressures that are affecting the economy.” Iraq suffered from it, and this contributed to creating a more stable economic environment.” The report stressed that “important reforms in the banking sector, such as the gradual increase in bank capital and mergers between small banks, aim to strengthen the banking sector and increase its efficiency and flexibility in the face of economic shocks.” The report noted that “Iraq has implemented new compliance measures to improve the transparency of cross-border financial transactions, by launching an electronic platform that imposes the disclosure of financial beneficiaries, which enhances the integrity of financial transfers in accordance with international banking standards, in addition to the role of the Central Bank of Iraq in expanding Correspondent banking relationships, to facilitate smoother international trade financing operations.” Views 71 Added 05/27/2024 - 2:34 PM https://economy-news.net/content.php?id=43771

Kinda sounds like the lower denominations will come out before the reinstatement. Shortly before!

and it cant happen fast enough ... letsroll cheers dv'ers

I've been ready for 20 year's Iraq 🇮🇶 Just do it already. pp

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Frank26 When you see things that you don't want to see it's not like it's a delay. It's the Middle East.. it's a different world... It's rather brutal... It's dog eat dog... Militia Man Once you apply a real effective exchange rate you become Article VIII compliant, Article IV compliant with the IMF you'll have a valuation of what the country is worth...

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Deepwoodz If they dropped the 000’s now, at 1320. It’s not a thing from any set of books. It’s math… which happens to be simple fact. 1 dinar=$0.76 cents. There is no math that translates the dropping of the 000’s, at the current rate, into 1 dinar = $1.32. MarkZ It certainly is a “push” ...They are talking about it openly in the Iraqi news. They are blatant on this one “The impending rate change”. They are telling us what they are doing. Articles in Iraq say clearly that the dinar is going to be worth more than the US dollar. Frank26 Question: "What do you think the dinar will be floated at the start? IMO at the start of the float 1 to 1 you'll never see it. So just looking at 1320 causes me to think maybe they'll start at about $1.30 or $1.50. They could start even higher.

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I haven't watched it yet but will asap.

Here's some articles of Dinarian interests... -The CBI “Denies” Issuing A Currency -Increase In Sales Of The CBI At The Dollar Auction. -To End The Work Of The UNAMI Mission Comes Based On Political Stability In Iraq. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: The CBI “Denies” Issuing A Currency In The Category Of (100) Thousand Dinars. ARTICLE: The CBI denies issuing a new currency in the denomination of (100) thousand Dinars, indicating that the image of the new currency circulated on social networking sites is a “fake” image bearing the image of the late Iraqi architect Zaha Hadid. The bank called on citizens to be careful & not deal with it if some offer it for the purpose of fraud. The CBI confirms that there are no intentions to print a new currency at the present time, stressing that it will take legal measures against violators & promoters of this counterfeit currency. CBI information Office 26 – May – 2024. FROM OTHER SOURCES: Center For Banking Studies Concludes A Course To Prepare Leaders For The Banking Sector. ARTICLE: The Banking Studies Center at the Central Bank of Iraq concluded a training course entitled (Preparing Leaders in the Banking Sector), which was held at the Professional Counselor & Trainer Center in the capital, Baghdad, for the period from 5/19-23/2024, with the participation of a number of employees working in the banking sector. It covered the detailed objectives of the training course program, which was lectured by the expert trainer, Dr. Tawfiq Abdel Ghani, consolidating the: concept & principles of governance, its concepts & importance, the ability to employ & evaluate it, a deep understanding of plans & priorities & the ability to direct various resources & deal with the challenges facing implementation. At the conclusion of the course, certificates of appreciation were distributed, which witnessed great interaction from the participants throughout its days. It is noteworthy that the Center for Banking Studies at the CBI of provided many training courses in various banking fields during the current year, which comes within the center’s annual plan to develop cadres working in the Iraqi banking sector. Economic circles specialized in financial affairs welcomed what was stated in the mutual evaluation report of the Republic of Iraq, regarding Iraq’s role in combating money laundering & the financing of terrorism & that strengthening the financial performance in Iraq represents an important step in harmony with the government’s directions aimed at attracting major investments. To the country, which requires a developed & ideal financial sector that ensures money flows in the right direction. In its general meeting held in the Kingdom of Bahrain, the Middle East and North Africa Financial Action Task Force (MENAFATF) adopted the mutual assessment report for the Republic of Iraq, which reflects its great commitment to applying international standards to combat money laundering & terrorist financing. The report reflects the solid system in Iraq to combat money laundering & terrorist financing. Terrorism & the important efforts undertaken by the state to combat these crimes in accordance with international standards in this regard. Executive Director of the Iraqi Banks Association, Ali Tariq, said: This evaluation did not come out of nowhere, but was preceded by great work & concerted efforts to adopt global performance standards that continued for years& the CBI had the most important role in this matter, by working to invest risks and laying solid foundations. To combat money laundering & terrorist financing. Tariq added that regulating the financial sector in Iraq represents the goal of everyone, in order to create a banking system capable of providing services that rise to global standards & reflect a positive image of Iraq’s financial reality in front of the major international banks, pointing out that Iraq is in dire need of developing its performance, as we have A large, broad and growing business & this requires the presence of a highly organized financial sector. Central Bank of Iraq information Office May 26, 2024. FROM OTHER SOURCES: Increase In Sales Of The CBI At The Dollar Auction. ARTICLE: Sales of the CBI of increased today, Sunday, compared to sales last Thursday, which during its auction for buying & selling USD amounted to 277 million. Today, during its auction for buying and selling the USD, the CBI sold 281 million, 212 thousand & 839 Dollars, which the bank covered at a base exchange rate of 1,310 Dinars, for documentary credits and international settlements for electronic cards, at a price of 1,310 Dinars per Dollar for external transfers & at a price of 1,305 Dinars per Dollar in cash. Most of the bank’s dollar sales went to strengthening balances abroad in the form of (transfers, credits) which amounted to 256 million 72 thousand & 839 Dollars, an increase of 90% over cash sales amounting to 25 million 140 thousand Dollars. FROM OTHER SOURCES: Al-Sudani To Plasschaert: The Request To End The Work Of The UNAMI Mission Comes Based On Political Stability In Iraq. ARTICLE: Prime Minister Muhammad Shiaa Al-Sudani stressed to the Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine-Plasschaert, that the request to end the work of the UNAMI mission comes based on political stability in Iraq. The PM’s Media Office stated in a statement received by Mawazine News, “Al-Sudani received Plasschaert on the occasion of the end of her work duties, and during the meeting, he expressed the government’s appreciation to Plasschaert for her efforts throughout her work in Iraq.” Al-Sudani stated, “The request to end the work of the UNAMI mission comes based on the political & security stability that Iraq is witnessing, & the progress it has achieved in several areas,” noting that “the Iraqi government continues to cooperate with international agencies affiliated with the United Nations, in accordance with the government program.” Its development goals at all levels & fields, especially with the progress achieved in the areas of economic reform and infrastructure reconstruction & the growing capabilities of our various types of armed forces.” For her part, Plasschaert renewed her praise for the important steps & promising initiatives presented by Iraq during the last eighteen months, especially in the areas of service provision, infrastructure reconstruction, investment, plans to mitigate environmental impacts & reduce dependence on imported fuel.

Iraq has everything going for it at this time & what a perfect time to take advantage of this opportunity. Go Alaq & do the right thing at the right moment. Don't let this golden opportunity slip by. Go RV.

“The International Monetary Fund praised the actions of the Iraqi government led by the Central Bank of Iraq, indicating that it hadtaken several measures aimed at stabilizing the national currency and controlling monetary inflation” CBI continues moving forward reforming the banking sector towards an open market economy. Go CBI Go reforms Go open market economy Go stronger dinar

I don't know. I kinda like paying for groceries with pennies. Check out clerks and folks behind me seem to just rave about it. 🙂

Bettyboop Well they do say there is rumors out their they need to squash the false rumors, or its the calm before the storm.

I agree!

Pimpy Iraq was already a member of the World Trade Organization. They are going through the ascension process for a second time. That's because all the rules, regulations, understandings and business practices...changed once the fall of Saddam Hussein. Now we have to make sure all their practices, rules and regulations regarding trade line up once again with the World Trade Organization. Iraq has been a member of the World Trade Organization since 2004. This is their second time throughout the ascension process. Samson Article: "Iraq - Formal Resumption of Iraq's Accession to the WTO" There are numerous articles out of Iraq's accession into the WTO in Jan 2025. These Gurus claim there will be disinformation right before the RV. The Gurus alone, are the source of all this disinformation.

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON Kaperoni Question:"They have a very large budget ,without an increase in rate how do they meet the projects that is lined up?" External expenses are paid in dollars since their primary revenue is dollars. Dinar is used to pay salaries, etc. in country. Pimpy Iraq was already a member of the World Trade Organization. They are going through the ascension process for a second time. That's because all the rules, regulations, understandings and business practices...changed once the fall of Saddam Hussein. Now we have to make sure all their practices, rules and regulations regarding trade line up once again with the World Trade Organization. Iraq has been a member of the World Trade Organization since 2004. This is their second time throughout the ascension process. Samson Article: "Iraq - Formal Resumption of Iraq's Accession to the WTO"

Why (given its value) would any Iraqi citizen want to carry smaller denominations? Million Dollar question…..

Iraq is turning to digital banks.. What does it offer to the banking sector? Drains Economy News - Baghdad The Iraqi banking system may soon receive banks of another type called (digital banks). What are these banks and will the citizen, the banking system, and the Iraqi economy benefit from them? Files that the beneficiary of the banking sector services in Iraq is trying to ask. Financial expert Ziad Al-Hashimi says, “Online banks, also known as digital banks or neo-banks, are banking financial institutions that operate completely and exclusively over the Internet, and unlike traditional banks, where digital banks usually do not have physical branches.” In cities, they rely on providing their services on the website and mobile phone applications, and the banking services that citizens, merchants, and institutions need can be provided through phone applications.” He continues, “The most important advantages of digital banks are the ease of opening an account, accessing and managing the balance, lower fees and costs, and having diverse and distinct services (such as budget applications, spending plans, and flexible integration) and other advantages. Because of these advantages, digital banks have begun to spread in many countries in Europe.” And the Americas and Asia, and among these banks - Chase bank - Monzo - Revolut - Starling - Tide and other digital banks.” Al-Hashemi explains, “The issue of the success and expansion of this type of bank is linked to the state of the economic environment and the nature of society, as these banks often rely on non-cash electronic operations that are active in an advanced banking system, and a society that tends to use cards instead of cash in its transactions.” The financial expert calls on the Central Bank of Iraq to “wait a little in granting licenses to digital banks, evaluate all these risks and challenges, and search for new timings to launch this type of banks. They must be aware of the availability of favorable conditions and the presence of high chances of success, instead of haste and adventure, as this is a recipe.” "Ready to fail." The establishment of any digital bank, inside Iraq, requires that about 30% of its shares belong to a traditional bank, and the services should be published via the Internet and mobile phone applications, and there should not be any branch, but only the general administration, and all services via the Internet, such as issuing a bank card and financial transfers. Deposits, loans, etc. Iraq owns more than 70 banks, many of which were subjected to US sanctions, while the financial inclusion rate reaches a low level due to weak confidence between the banking sector and citizens as a result of the bankruptcy of some of them. The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, had previously confirmed, on the sidelines of a celebration organized by the bank, that the steps achieved in financial inclusion that were accomplished today are accelerating and can close the gap that occurred during the past years as a result of the circumstances that Iraq went through. Al-Alaq stated that the bank has ongoing meetings with the Iraqi government to expand the customer base in electronic payment methods and enhance financial inclusion, “as we see a great response from various state institutions in the context of expanding the financial and banking culture in Iraq.” Al-Alaq said, “The factors that lead to the success and expansion of the role of financial inclusion are the citizen’s confidence in the institutions and tools available to him, as well as his vision of his interest in using them.” He continued, "The Central Bank has become at the forefront of global central banks by using various financial technologies that provide speed and accuracy," revealing at the same time that "the bank has received large numbers of applications to establish digital banks. The concerned departments are working on the possibility of granting it a license to carry out its work in accordance with the controls and instructions issued." By the bank. For his part, financial expert Mahmoud Dagher believes in a press interview followed by Al-Iqtisad News that “digital banks are natural banks, just like traditional banks, but they operate through applications and do not have face-to-face dealings.” According to Dagher, digital banks can perform their work as an independent digital bank or even as classic banks, pointing out that the young generation has now become knowledgeable in using financial technology for withdrawal, transfer, etc. Today, Iraq has one digital bank, while many applications are waiting for the green light from the Central Bank of Iraq to grant them a license to carry out their work in accordance with the controls and instructions issued by it. According to the Central Bank of Iraq, licensing requirements to practice digital banking activity include that digital bank licenses in Iraq do not exceed (10%) of the total licensed banks, in addition to the presence of an economic feasibility study that includes business plans, strategies, and financial indicators for 4 years, including the technical aspect and services. scheduled to be launched. It is noteworthy that these digital banks are subject to all laws, regulations and instructions issued by the Central Bank, including the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015. Views 105 Added 05/27/2024 - 2:03 PM https://economy-news.net/content.php?id=43770

You didn't. Happy for you for another good day, may many more follow!!!

I do, if it's his time, it's his time but I feel like he would have already gone if it was.. or maybe God's giving us family some time to prepare.. he had another good day today.. simply miraculous thus far..🙏🙏🙏

Militia Man Once you apply a real effective exchange rate you become Article VIII compliant, Article IV compliant with the IMF you'll have a valuation of what the country is worth... Article IV is the release of Iraq from UN & US sanctions & control. Iraq will be totally sovereign once that happens. This is expected to happen at the end of this month. Then the RV-RI & economic reforms will kick in. IMHO.

Zaha Hadid's currency raises concerns about inflation and prompts the Central Bank to urgently do so Translated reports |Yesterday, 22:44 | Baghdad today - follow-up In the past few hours, social media in Iraq has witnessed the spread of an image of a new one-hundred-thousand dinar banknote bearing the image of the late famous architect Zaha Hadid, raising a wave of international concern about the Iraqi currency being exposed to additional “inflation” as a result of the news. Today, Sunday (May 26, 2024), the BNI Intelligence Network published a report translated by “Baghdad Today” about the new currency, stressing that “its spread through social media has caused concern in economic circles about the Iraqi economy being exposed to another “inflation.” As a result of the currency, the image of which spread, being described as “a denomination of one hundred thousand Iraqi dinars,” which indicates economic inflation as a result of the spread of high denominations of cash. The image that spread prompted the Central Bank of Iraq to issue an urgent statement in which it denied its intention to issue a hundred thousand dinar banknote, warning of taking legal measures against those who spread “rumors and counterfeit currencies” on social media, calling on Iraqis to “take caution” in Dealing with news about new currencies. It is noteworthy that the banknote whose image was published turned out to be an artistic work done by students from the Institute of Fine Arts in Mosul, and calls for greater representation of women on official banknotes, according to the network. https://baghdadtoday.news/250243-عملة-زها-حديد-تثير-القلق-من-التضخم-وتدفع-المركزي-لأمر-عاجل.html

No wonder , this note is completely out of character with the other IQD notes . The enormity of a project to print the lower denoms ,involving vast numbers of people, would insure that a leaked image of a low note would appear . It may be that Iraq will do without lower notes at all , bad news for the tooth fairy.

“Democrat Messaging is Full of Sh*t!” – James Carville Goes Off on Democrats as Biden Loses Support Among Black Voters (VIDEO0 A Case of The Pot Calling The Kettle Black-

Didn't mean to steal the thread.

5/27 PB 10 47 60 62 64 pb19

PB 31 38 42 46 64 PB 10 - 05-27-24 Back to Back "Jackpots" - Make it happen! Thank you Jesus!

im tired an getting old lord, 20 years i waited here, i know i cant layup treasors on earth ! hope my babys get to reap, many have already gone! i will still love you and praise you FATHER GOD! YOU ARE MY REDEEMER ! OH YES!😂