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Showing content with the highest reputation on 01/31/2025 in all areas

  1. I think he is really pointing out is the need to delete the zeros, which the CBI has often said. My personal opinion is they will do both delete zeros and also add value, just like ole Shabibi pointed out. But whatever they do, outside the country we will get the full value for each and every dinar. That's why we are all here right? I'm riding that horse to the end.
    12 points
  2. 1-30-2025 MarkZ Article: “2 economists say Iraq’s foreign reserves are reassuring compared to previous years” Iraq has large cash reserves that are greater than 100% of the volume of the issued currency. They have more assets, more money backing up the dinar then they have in circulation. So Iraq has over 100% backing for their currency. This is important as most countries only have 20% or so to back their currencies. In Jan, Iraq just discovered it's largest oil field to date. More gold found in northern Iraq. Iraq is literally swimming on untold wealth beneath the ground. There is no way Iraq can't RV to at least $4 with all this wealth. Go RV.
    9 points
  3. I am excited because I know its coming any denials are lies, they need 1:1 parity we have been all saying this! its coming we just need to hold the line!
    9 points
  4. On Trump's Table: Iraq's Rafidain Bank Faces Threat of US Sanctions PoliticsRafidain BankDonald TrumpUS sanctions 2025-01-30 09:29 Share font Shafaq News/ On Thursday, the US Republican Representative, Joe Wilson, renewed his attack on Iraq, this time by demanding the imposition of sanctions on the state-owned Rafidain Bank, accusing it of being a "machine" for laundering money for the Iranian regime and its agents to obtain dollars. Wilson wrote in a blog post on the X platform that “the US Treasury and the Federal Reserve, under Joe Biden and his envoy (Brett McGurk), have allowed Rafidain Bank, which is (the largest government bank in Iraq), to become a money laundering machine for the Iranian regime and its agents to obtain US dollars.” The Republican representative stressed the need to "impose sanctions on this bank (Rafidain Bank)," noting that President Donald Trump "will fix the matter." Yesterday, Wednesday, Wilson attacked the previous administration headed by Joe Biden, because of its policy towards Iraq and Iran over the past years . "Iraq continues to send $10 billion annually to Iran to buy oil and electricity, thanks to the US exemption," Wilson wrote in a blog post on the X platform. He believed that "this (American) exemption strengthens the regime in Tehran, and keeps Iraq subject to Iranian influence," stressing the necessity of "canceling this exemption, so that Iraq can obtain energy from the Arab world," concluding by saying: "Trump will fix this matter." https://www.shafaq.com/ar/سیاسة/على-طاولة-ترامب-مصرف-الرافدين-العراقي-يواجه-خطر-العقوبات-ال-مريكية
    8 points
  5. The real problem is not the salaries, the real problem is Art 12 in the Budget. Talks about the amount of money given to the Kurds for every barrel of oil produced…. The Kurds wanted more than $16 per barrel. Go HCL Go profits sharing Go stronger Dinar 💪🏼
    8 points
  6. The term parity can be used in a few ways when trading, but always as an expression of equality. The most common use of parity is in the forex market, where it signifies the point where two currencies have an equal value. That would mean that the exchange rate between the two currencies is exactly 1/1.
    8 points
  7. sounds to me that they can change the rate anytime they wish....so we wait...lets not forget the gold!
    8 points
  8. 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 1-30-2025 MarkZ Article: “2 economists say Iraq’s foreign reserves are reassuring compared to previous years” Iraq has large cash reserves that are greater than 100% of the volume of the issued currency. They have more assets, more money backing up the dinar then they have in circulation. So Iraq has over 100% backing for their currency. This is important as most countries only have 20% or so to back their currencies. 1-30-2025 Article: "Our relationship with America will become stronger with an initiative that Al-Sudani will announce soon.. Expectations of his advisor" 1-30-2025 Jeff I will keep you guys up to speed as to when the rate changes and all that but it's very very close.
    7 points
  9. like i said between now and April, with the new US Treasurer showing up now, things are going to move fast!
    7 points
  10. Sounds groovy: all very positive waves, but how long do they keep flapping their yaps before the Great day!?!?! I know " Soon "
    7 points
  11. I see a lot of these statements and same questions right now in various groups I visit. I believe that is because we are almost to the end of this adventure. I also believe the confusing back and forth Iraq statements and those interpretations (yes we will/no we won’t) given to us is the cause of our doubt at these times right now. My dad always said “it’s darkest right before for the dawn”. Keep holding steady and fast! Let’s just wait for that sun to rise. Blessings Love Light and Prayrs y’all.
    6 points
  12. New Sheriff in town. Iraq get your banking system in order or we will sanction them… DJT
    6 points
  13. I need the dough...Badly.....Not good gettin' poor at an older age ( at any age for that matter...But when we get older it's much worse...JMHO) LET'S DEPLOY ONCE AGAIN OUR (LAST) DROPS OF OPTIMISM ....IT'S BEEN FOR ME ALREADY 22 YEARS INTO THIS .. I KNOW....HOLDING ON, HOLDING ON, HOLDING ON..........
    6 points
  14. TRUMP and IRAQ are both saying "economic transformation"....
    6 points
  15. IQD Market Rates - Thursday - 1/30/2025 Shafaq News: The dollar prices rose in the markets of Baghdad and Erbil, the capital of the Kurdistan Region, on Thursday, with the closing of the stock exchange. Shafaq News correspondent said that the dollar prices rose with the closing of Al-Kifah and Al-Harithiya stock exchanges to record 150,400 Iraqi dinars for every 100 dollars, while the prices this morning were 150,250 dinars for every 100 dollars. Our correspondent pointed out that the selling prices in the exchange shops in the local markets in Baghdad rose, as the selling price reached 151,500 Iraqi dinars for 100 dollars, while the purchase price reached 149,500 dinars for 100 dollars. In Erbil, the dollar also rose, with the selling price reaching 150,250 dinars for every 100 dollars, and the buying price reaching 150,150 dinars for every 100 US dollars. Have a blessed Thursday - Almighty GOD is Faithful..! RON
    6 points
  16. I am very excited for the next few months.....and if not I will reset 🤣
    6 points
  17. I'm non-knowledgeable at all on the subject I admit (unlike a few members here)...Infact I am ignorant on the various aspects ( economical, political etc) which could or could not lead to our much wanted and desired RV....I bought dinars in 2003 ...Bought more times My point is nobody....NOBODY really can foresee what's gonna happen and when....Not an economics professor nor a politologist.....It's a continuous wait and see game trying not to get depressed and keeping that feeling called hope..... I wish all of us the best
    6 points
  18. KRG and Baghdad Discuss Salary Crisis Amid Ongoing Protests 31-01-2025 05:07 ShareFacebookTwitterWhatsAppTelegram Peregraf The Kurdistan Regional Government (KRG) and the Iraqi federal government have concluded a key meeting today in Baghdad regarding the salaries of Kurdistan Region public employees, but an immediate resolution remains elusive. KRG Finance Minister Awat Sheikh Janab told reporters after the meeting that discussions focused on salary schedules for employees and pensioners. “We had an understanding in a positive atmosphere. We hope that the process will be finalized by tomorrow, allowing the KRG to receive funds on Sunday for the distribution of salaries,” he said. The salary crisis has deepened tensions between Baghdad and Erbil, with both sides accusing each other of failing to uphold Iraq’s federal budget law. As a result, KRG employees—including teachers—have yet to receive their December 2024 salaries, leading to growing frustration. For the past three days, teachers and public sector workers in Sulaymaniyah have staged protests at the United Nations office, demanding immediate salary payments and action on the Iraqi Federal Court’s ruling concerning the Tawteen program. Their demonstrations have coincided with a widespread boycott of schools across the city, underscoring the severity of the crisis. The financial uncertainty has affected 1.25 million public sector employees and pensioners in the Kurdistan Region. Payment delays stem from long-standing disputes over budget allocations, inefficiencies in the KRG’s payroll system, and concerns over financial transparency. Despite a ruling from Iraq’s Federal Supreme Court mandating Baghdad to release funds for KRG salaries under specific conditions, the disbursement has faced repeated setbacks. Protests highlight the urgency of resolving the salary dispute, as teachers and public servants demand immediate action to secure their livelihoods. With tensions running high, all eyes are now on Baghdad and Erbil to see if they can finalize a deal before the crisis further escalates. KRG and Baghdad Discuss Salary Crisis Amid Ongoing Protests - پەرەگراف
    5 points
  19. 5 points
  20. Yep, hopefully with the new sheriff we may finally have closure...
    5 points
  21. Every year we are said to be closer to this thing...but I'm beginning to doubt there is even a can to be kicked.
    5 points
  22. this is going to be interesting......going to real interesting as we get close to the USA and Iraq lunching their new initiative?
    5 points
  23. So.. are we close to a RV? Or is Iraq kicking the can once again?
    5 points
  24. if you cant your chances are far better now under a TRUMP govt than they have ever been......especially considering TRUMPS comments regarding Iraq in interview...you also have the first call of business for TRUMPS govt is to visit Iraq? with the US treasurer in interview with CBi Governor and Al Sudani??
    5 points
  25. You just can't believe a gosh damn thing these fools say. What was all the theatrics about passing the 3 years Budgets if in the end it means doodly squat, right. Apparently there is such a thing as "tap backs" in Iraq. In our world when a thing was deemed SO...THAT person said " No Tap Backs"...well here we are back into the Iraqi world of "no such thing as no such thing" What an infuriating, childish, corrupt & deceitful mob of criminals. People ask me if I'm back, well yeah, I guess I'm back 😂 ( Been recovering from skin cancer surgery on the scalp: kinda gnarly gang-wear sunscreen and a hat. It's pulled pretty tight-46 stitches-got the cheap Kenny Rogers face lift. 🤣)
    5 points
  26. For those who are in Iraq, or those who really have a good pulse on what is happening there, is there any rational reason for us to think a "revaluation" of the Iraqi Dinar is imminent? I mean, I'm 14 years into this process and some of you have been waiting much longer. Given the corruption, and the lack of credible leadership, do we really think this will have been resolved 14 years from now? I get all the "warm fuzzies" who say, "It has to happen!" But we could make the same statement about the national debt issue in the US. It has to be dealt with. But it won't be until we experience financial collapse and are forced to live within our means. I'm beginning to feel the same about Iraq. Please tell me I'm wrong!
    4 points
  27. 4 points
  28. 4 points
  29. it seams trump wants usd to be against gold as well.....
    4 points
  30. 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 1-30-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy said that the news about the budget is saying...parliament voted on the incursion of the budget and they did say that the numbers they were given were in the billions not the trillions like usually. FRANK: If they were in the billions then we have a new exchange rate. Because 1310 creates numbers in the trillions. You know that, I know that and the CBI knows that...Slowly but surely it is a form of monetary reform education to you. You can call it an innuendo...A fuse is lit. When you light a fuse an explosion of purchasing power is coming. 1-30-2025 Mnt Goat We are already seeing that Iraq is being elevated to a high status on the list of issues for Trump’s agenda. He is not going wait long to handle Iraq. Iraq is ripe now and as a business man Trump must see it too. The opportunities in Iraq are boundless, but they are ripe now... 1-30-2025 Walkingstick Question: "What do you think about the new Treasury Secretary going to Iraq?" Isn't it wonderful that his first mission was to go to Iraq...I think they're celebrating 1 to 1... This is a re-denomination. They're going to drop the three zeros from the exchange rate and they're going to drop them from their physical currency and they'll come out with a re-denomination of currency without zeros that will match a 1 to 1 rate. 1-30-2025 Militia Man We are watching Iraq be reborn into a digital age. A new economic renaissance is underway now. The gears of progress being witnessed by all of the world effectively are front and center. There is no stopping Iraq's direction she is taking. It is an awesome thing to watch. 1-30-2025 Tishwash Article: "Economist: The country's financial situation is among the most prosperous years" Quotes: "...the country has large cash reserves, which are greater than 100 percent of the volume of the issued currency.”; "...it represents a firewall in the face of crises that may occur, even if they are caused by a decrease in the price of oil." 1-30-2025 Samson Article: "Senior US Treasury Official Travels to Iraq to Counter Illicit Finance" 1-30-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United States Treasury Secretary just arrived in Iraq and it's a meeting with Sudani and the CBI on the news...Television is showing Alaq talking about an imminent launch of initiatives to give economic stability... FRANK: Many American officials are going to Iraq. To see the new Secretary of Treasury join the CBI and Alaq and Sudani in his meeting is very big news...This is big. We have been waiting for this Secretary of Treasury to show up. I am excited to see what the results are after the meeting... 1-30-2025 Mnt Goat Article: "HANTOUSH: ELECTRONIC PAYMENT REDUCES THE COST OF PAPER CURRENCY AND SUPPORTS ECONOMIC TRANSPARENCY" ...in early January the Finance Committee said this was their goal to market the electronic payment process and I know from my CBI contact that this had to be accomplished to conduct the Project to Delete the Zeros. Well… they are telling us this is now successful and done. What next?
    4 points
  31. 1-30-2025 Walkingstick Question: "What do you think about the new Treasury Secretary going to Iraq?" Isn't it wonderful that his first mission was to go to Iraq...I think they're celebrating 1 to 1.. I sure like the sound of this...Go RV.
    4 points
  32. MZ’s info belongs in a cometic section. Not the Rumor section. If he was Pinocchio, his nose would have gone to the moon and back already.
    4 points
  33. You're not wrong but the reset will fix the IQD and USD
    4 points
  34. For 18 years I have heard this. I don’t get excited any more. If/when it happens, I will get excited then. VERY!.EXCITED!!!
    3 points
  35. 1/31 MM 52 53 57 69 70 mb08 2/01 PB 06 08 09 15 25 pb05
    3 points
  36. MegaMillion #'s for 1/31 01 13 33 52 55 MB 12 PowerBall #'s for 2/01 TexasGranny 22 25 31 37 40 PB 23 Jetman 10 25 29 30 56 PB 19 babycakes61 02 04 24 26 51 PB 12
    3 points
  37. hmmm...could be big....doesnt mean we see the effects of this meeting straight away....lets pray
    3 points
  38. as of now, nothing out there compares to the speed and cost that XRP gives.
    3 points
  39. I have been in this for 20 years and have always said from day 1 it was a 20 year plan for me, I am now at that point but all I can do is wait....Iraq will change their rate you only have to look at rates for other middle eastern countries to see that they need to make a move what that will be who knows.We know shabs has said they can carry atleast 5+, we know they use to be at anywhere from 2.00-3.22 in the past and we know the plan is to return them to their former value! This means we wait!
    3 points


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