Leaderboard

great letter, I think he shoulda added this ....... P.S. RV your currency by Monday or I will B_T_H slap you........!!!!!

I think he just did.

.....and not a decade too soon!

The Kurds are hardly in any position to dictate anything. We've finally got the PKK laying down Arms and settling with Turkey and suddenly the Kurds threaten withdrawal? Anyone think Turkey wouldn't intercede against a Kurd state? It's just bluster. They lost their court cases against Baghdad in fact they were thrown out. I had the opportunity to read the proposals concerning settling the salaries and pumping the oil, Baghdad's proposal is the only one that was an honest solution and in line with the law. The Kurds weren't even close. I think they were buying time for the lawsuits but that failed. Let's see what happens Saturday. The Kurd-required oil delivery already built into the 2025 budget, which might be why they're taking a calculated political risk creating pressure on the GOI to bend their will, I think they miscalculated. For the budget tables to be released, the matter must first be resolved though, including settling the cost of past production operations and paying foreign oil companies in the northern region. The companies also have a requirement of a written agreement in order to pump the oil; you could consider the agreement a sort of HCL. It would be almost humorous if it developed out of the salary dispute. Once the agreement is finalized, oil will flow and salaries paid, then the budget tables can move forward for 2025. And if in fact the new rate is in those tables, then you know already how the process has to lay out. The new banknotes would have to precede the tables arriving at Parliament or the security of the plan would be foiled. Anyway, let's see what happens Saturday.

Actually I wouldn't really pay attention to the forecasted rate for 2026 as this is a no brainer and more of a copy and paste type deal. The IMF has been playing up the importance of non-oil GDP as far back as they have been surveilling Iraq's economy after the war. That too is a no brainer because like all investors know...diversify, diversify, diversify and don't spend what you are not willing to lose. Iraq, while doing better in the non-oil sector than they were doing pre-COVID, still has a ways to go but should that prevent the RV from a non-program rate? No. Right now Iraq seems to be a one-trick pony and the IMF wants to make it more than that for Iraq's best interests. This first several sentences seems to be where the board is headed with Iraq: The IMF is more than likely stating here a weak currency leads to weakened public investment and Iraq putting off the RV until a later date will just make public investment all that much weaker. Investors want to profit from their investments and right now they are not. With the RV being pushed down the road, investors are finding it harder and harder to see profit in their investments. While Iraq has announced it has over 80 products ready for exports, it has not moved on them at this time or the market is not buying. More than likely the latter. Some domestic production that Iraq is trying to export is fertilizer ingredients. They have yet to take advantage of Ukraine's war with Russia causing mass fertilizer shortages around the world. Business is about exploiting opportunities when they arise. Iraq has failed to do this. The Silk Road project leading from the southern port to the border of Turkey will improve income through taxation and services to move the goods through the country but that is years away. The mining operations are in their infancy stages and have yet to provide any real source of income. Yes the minerals might be worth trillions to Iraq, however, they are worthless left in the ground. It has been noted before the price per barrel of oil Iraq needs exceeds expectations of oil in the near and long term future. Even then if the price of oil did rise to meet the price point Iraq needs it will be only a short term windfall, not sustainable for the long term. All these are reasons the IMF has been pushing Iraq to increase its non-oil GDP. However, to increase public investing it needs to attract investors and that is done with a much stronger currency in the long run.

A government delegation from the region arrives in Baghdad, and an oil agreement is imminent today. Time: 2025/07/07 11:24:11 Reading: 945 times {Political: Al Furat News} An informed source revealed that a delegation from the Kurdistan Regional Government arrived in Baghdad to hold talks with Iraqi officials regarding the draft agreement between the two sides. According to the source, the delegation includes Acting Minister of Natural Resources Kamal Mohammed, Cabinet Secretary Amanj Rahim, and Head of the Coordination and Follow-up Office Abdul Hakim Khosro. The delegation's visit comes as Baghdad has prepared a final draft of the agreement to re-export oil and is awaiting Erbil's response, which is expected today. A source familiar with the Baghdad-Erbil negotiations, who preferred to remain anonymous due to the sensitivity of the issue, reported yesterday that a draft agreement on the delivery and export of oil was in its final stages. He noted that the most significant amendment to the agreement entails the delivery of all oil produced in exchange for the federal government securing the Kurdistan Region's petroleum product needs. The source in the Kurdistan Regional Government indicated that the draft agreement stipulates that a delegation from the Ministry of Oil will be sent to the region for two purposes: first, to determine the actual level of oil production, and second, to assess the extent of local needs for petroleum products such as kerosene, gasoline, and diesel, which the federal government will provide according to the agreement. It is worth noting that the Kurdistan Region's oil exports via the Turkish port of Ceyhan have been halted since March 25, 2023, while the amendment to the budget law entered into force on February 17 with the aim of removing obstacles to the resumption of these exports. Under the amendment, a consulting firm will assess the costs of extracting and transporting Kurdistan's oil. Until this assessment is completed, Baghdad will temporarily pay $16 per barrel to oil companies as operating costs. https://alforatnews.iq/news/%D9%88%D9%81%D8%AF-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D9%85%D9%86-%D8%A7%D9%84%D8%A5%D9%82%D9%84%D9%8A%D9%85-%D9%8A%D8%B5%D9%84-%D8%A7%D9%84%D9%89-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%88%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D9%86%D9%81%D8%B7%D9%8A-%D9%88%D8%B4%D9%8A%D9%83-%D8%A7%D9%84%D9%8A%D9%88%D9%85

Huge🙏 .. if it becomes a reality

Rumor has it...Sudani has the flu...the big sneeze was the signal to push the RV button. Not verified. Go RV.

Utter tosh!! Whatever that means! But I interpret it as BS !!

white house is sending those out to many countries about tariffs its a blanket letter with different tafiffs percentage for each country sent iraq mainly exports oil / petroleum products to usa here is a listing what iraq exports to usa and pretty much all is done with usd what will kill iraq if having to import everything using the weak undervalued IQD cheers dv'ers https://tradingeconomics.com/united-states/imports/iraq

I would think this would push that along. The art of the deal.

Al-Sudani's advisor explains the reasons for the delay in the 2025 budget schedules. The dog ate my homework!

OMG, These gurus try putting EVERYTHING that happens is related to an RV/RI. The next revalue indicator will be that the Mets beat the Yankees because the CBI issued 1st tier cash-in in Reno.

Bullcarp,bullshite, BS, Tosh, hogwash,TonyNeverTells the truth.

Well we all knew about ISO 20022 coming so nothing new there. The rest is utter tosh!

yup the agenda imo is usa is tired of carrying the water for every country on earth with its hard earned tax money most of the socialist , corrupt countries think its all hunky-dory using other peoples money till it runs out 👌since the country is iraq we are posting about they have had more help and handouts ,debt forgiven than almost any other country could go on and on but whats the point really everyone on this site knows all this anyways... cheers shedagal

I think this is huge 🙏

https://www.imf.org/en/News/Articles/2025/07/08/pr-25243-iraq-imf-executive-board-concludes-2025-article-iv-consultation?cid=em-COM-123-50416 IMF Executive Board Concludes 2025 Article IV Consultation with Iraq July 9, 2025 Listen with Speechify Washington, DC: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Iraq and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis[2]. Iraq has managed to uphold domestic stability despite regional turmoil and global uncertainty. At the same time, the non-oil economy slowed down in 2024 following a very strong growth in 2023. Inflation has remained subdued amid weaker demand. Financing constraints and lower oil revenues are expected to constrain fiscal spending, taking an additional toll on economic activity. Against a baseline of low oil prices, fiscal deficits and external accounts are projected to deteriorate further over the medium term unless significant reforms are undertaken to increase non-oil revenues, control the public wage bill, and boost non-oil growth potential through an ambitious structural reform agenda. Executive Board Assessment Iraq’s economy is facing considerable headwinds. Iraq's non-oil sector growth slowed from 13.8 percent in 2023 to an estimated 2.5 percent in 2024, impacted by reduced public investment, a weaker trade balance, and financing constraints that led to the accumulation of arrears. Going forward, financing constraints, subdued investment and constrained growth potential are expected to weigh on growth and intensify preexisting fragilities. The large fiscal expansion in recent years has increased Iraq’s vulnerabilities, which are further exacerbated by the recent decline in oil prices. As spending expanded and non-oil revenues stagnated, the oil price required to balance the budget increased to around $84 in 2024, up from $54 in 2020. The financing constraints that emerged in 2024 are expected to worsen this year in light of the oil price drop. Furthermore, risks of sovereign debt stress have risen, calling for urgent policy action. A sizable fiscal adjustment is needed to mitigate macro-fiscal risks, contain liquidity risks and stabilize debt in the medium term. In the very short term, the authorities should review current and capital spending plans for 2025 and limit or postpone all non-essential expenditure. There is also scope to boost non-oil revenues through increases in excises and custom duties. Over the medium term, stabilizing debt would require an additional fiscal consolidation of 1–1.5 percent of non-oil GDP per year. On the revenue side, besides strengthening tax administration, there is scope to increase customs duties and excise taxes, reform personal income tax including by limiting exemptions, and introducing a general sales tax in the medium term. On the spending side, comprehensive public wage bill reforms through limiting mandatory hiring and adopting an attrition rule would yield significant savings. Recent efforts to better target the public distribution system are welcome, but there is scope to further improve targeting and eventually shift to cash-based social safety nets. Finally, it is urgent to reform the public pension system by raising the retirement age and reducing both the accrual and replacement rates. Implementing the proposed reforms could generate fiscal space for increased non-oil capital spending. Crucial non-oil capital expenditures should be protected given the need to expand investment in trade and transportation infrastructure to promote economic diversification; and modernize the electricity sector and develop natural gas resources, which are crucial for enhancing energy security and decreasing reliance on gas imports. Additionally, improving procurement, public financial management, and addressing corruption would boost the effectiveness of any new public investments. Further efforts are needed to absorb the remaining excess liquidity and improve monetary policy transmission. This could be achieved by increasing the issuance of CB-bills, focusing on short-term instruments piloted by the policy rate, adjusting bid size limits, and refining liquidity forecasting tools. Efforts to strengthen the domestic financial system should continue and accelerate. The CBI should be commended for the successful transition to the new trade finance system now fully managed by commercial banks through their CBRs, contributing to a reduction in the spread between the official and parallel market exchange rates. While initial reforms of state-owned banks are promising, a comprehensive restructuring plan addressing nonperforming loans and capital shortfalls is necessary, along with improvements in corporate governance and digital infrastructure. Furthermore, the CBI has started to explore reform options to strengthen the private banking sector. Priority areas are the ownership structure, business model sustainability, regulatory requirements, and elements to support mutual confidence between banks and their customers, such as a credit bureau and stronger deposit guarantee scheme. Alongside these efforts, addressing weaknesses in anti-money laundering and counter-terrorism financing remains paramount. A comprehensive structural reform agenda is vital to unlock growth potential. Estimates suggest that reforms in the labor market, business regulation, financial sector, and governance could double non-oil potential GDP growth in the medium term. Key priorities include enhancing labor force participation, especially among women, by improving education and removing legal barriers, as well as reforming public sector hiring to boost productivity. Improving vocational training programs can align skills with market needs, while simplifying regulations and reducing bureaucratic obstacles will encourage formal economy participation and support private sector development. Electricity sector reform is also critical given how chronic power shortages and inefficiencies weigh on productivity and economic growth. The authorities are encouraged to speed up their efforts to improve billing and collection. Once collection substantially improves, achieving cost recovery will also require electricity tariff increases, with carefully calibrated subsidies targeted to low-income users. These efforts would be supported by further combatting pervasive corruption and addressing governance weaknesses. While progress has been made in implementing the national anti-corruption strategy and improving corruption perception, significant challenges remain. Strengthening accountability in state-owned and private enterprises, complying strictly with EITI standards, enacting a Law on Transparency and Access to Information, aligning legal frameworks with international best practices, and enhancing the independence of NAZAHA are essential measures for effective enforcement and protecting economic rights. It would also enhance the effectiveness of core state functions that are critical to economic activity, such as fiscal governance and financial sector oversight. Data deficiencies persist. Major data deficiencies in Iraq can significantly undermine the robustness of IMF surveillance by leading to incomplete or inaccurate assessments of the economic situation and possibly jeopardizing effective policy recommendations. Building on the numerous CD Iraq has received, it is essential to focus on the most pressing data gaps and incorporate pilot initiatives into disseminated data in a timely manner. Iraq: Selected Economic Indicators, 2024–26 Population: 44.4 million (2024 est.) Per capita GDP: US$ 6,183 (2024) Quota: SDR 1,663.8 million Poverty rate: 23 percent (2014) Main products and exports: Crude oil Key export markets: United States, India, China, South Korea 2024 2025 2026 Est. Proj. Output Real GDP (% change) -2.3 3.1 1.4 Non-oil real GDP (% change) 2.5 1.0 1.5 Prices Inflation, end of period (%) 2.7 2.9 2.9 Central Government Finances Revenues and grants (% of GDP) 39.3 36.9 34.6 Oil revenue (% of GDP) 36.0 33.3 31.0 Expenditure and net lending (% of GDP) 43.5 44.4 43.8 Wages and pensions (% of GDP) 22.0 24.0 24.5 Fiscal balance (% of GDP) -4.2 -7.5 -9.2 Non-oil primary balance (% of non-oil GDP) -59.3 -54.2 -51.8 Total government debt (% of GDP) 47.2 47.2 62.3 Money and Credit Broad money (% change) -4.3 9.6 4.9 Credit to the private sector (% change) 14.3 5.4 8.4 Balance of Payments Current account (% of GDP) 2.0 0.2 -1.9 Foreign direct investment (% of GDP) 0.0 0.0 0.0 Gross reserves (US$ billions) 100.3 91.0 79.2 In months of imports 11.1 11.1 9.6 Total external debt (% of GDP) 20.6 20.8 21.0 Exchange Rate Exchange rate (dinar per US$; period average) 1300 1300 1300 REER (% change, end of period)1/ … … … Oil and Gas Sector Crude oil production (millions of barrels/day) 3.9 4.1 4.1 Crude oil exports (millions of barrels/day) 3.4 3.5 3.5 Average crude oil export price (US$/barrel) 80.6 65.9 62.0 Crude oil exports (US$ billions) 99.2 84.2 79.2 Sources: Iraqi authorities; and Fund staff estimates. 1/ Positive means appreciation. [1] Under Article IV of the IMF's Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country's economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board. [2] The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

Yes but of course they would never publish a forecast of day $1.17!! They could literally change the rate tomorrow to $2 the forecast means nothing!

If this HCL gets signed, then I will actually start getting excited! Just wondering who is going to back out first before it gets signed. Something always comes up that someone doesn't like.

its all about timing...go dinar! go xrp! go swift!

Yes Sir, not the HCL, but none the less, getting her done, and signed, HUGE...

Not sure where to post this, but it is something that was mentioned on this Markz podcast. Remember Trump said something along the lines of a coming parity with currencies, meaning exchange rates would be 1:1. The possible timeline given was first an RV, then 6-8 weeks for exchange, and then parity. Not to freak people out, but if this were true, it would explain Kim's warning to get out ASAP. I have seen so many here say they would cash in some and hold the rest, waiting for the value to increase. Just something to ponder.

List of Possible Major "To Do's" Before Any Rate Increase: Moved to IMF Article VIII ????? HCL passed/imp. [Temp 11/2014] [agreed in spirit 12-2014] Erbil Agreement Implemented. Undetermined..????? Election Law (DONE! 12/2013 | Amend Dec 2019) UNSC Chapter 7 (Done?? summer-2013/ Dec/2017 moved to ch VI?? June-2018 Resolution 1487: CBI released from Sanction list. Voted 2-22-2022 Resolution 2621. 8-12-2023 - Iraq appears out of Ch VII but U.S. has not release them) UNSC Chapter 6 (began 12/2017 ?) Article 140 impl. (Supreme Court Support 5/2018 - must impl.) (8/2019 Federal Court clarifies constitutional force) (National census complete - preliminary results Nov/2024) Economic/Banking laws passed (more needed)(12-2017) Investment laws (Voted! 10/2015 Printed 1/2016) Power Sharing (Done!! 10/2014) Internationally accepted Dinar ????? GOI Seated (10/2014) [Done - Fully seated 6-6-2020] Tariff Law (partial) CBI & Market rate within 2%-90 days (start ~Mar. 15 2018? Nation wide start ~Nov. 2018) E.O 13303 (Done 12/2017 - Biden renewed May 2023) Law of Financial Administration/Financial Management Law (First vote May 2019) | Amend Dec. 2019 CBI Auctions Stopped (partly Done - June 2020? to Jan/2024) (Moved to local banks - Jan/2025)

I am not sure that Iraq is ready to reinstate their currency value, but I am 100% damn sure that I am ready for Iraq to reinstate their currency value.

Awesome too bad he couldn’t also tell him to pull the trooper on the RV so we can all retire at the same time!!

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 7-7-2025 Sandy Ingram Iraq is making quiet moves in the finance, banking and manufacturing areas. These moves don't look like much when you read about them...but when you tie it all together you see big progress...And you see a country that plans to outshine all the other countries in the Middle East. 7-7-2025 Fnu Lnu Article: "UAE-based venture capital fund EQIQ has announced a $3-million anchor investment in a new digital banking startup led by Iraqi-American finance veteran Hussain Qaragholi" Quote: "Qaragholi, founder of Phoenix Finance Partners, has held senior roles at Merrill Lynch, Citigroup, and Deutsche Bank. He played a major role in Iraq's $22-billion debt restructuring and sovereign bond offerings, and currently serves on RAND Corporation's Global and Emerging Risks Board." Sometimes you only get potatoes but other times you get meat with them. This is as meaty as it gets. However, stay grounded, Operative Words are NEW, START-UP, & FOUNDATION. When they say things like; scalable, customer-focused, digital services, this is a direct relationship with the new digital Dinar...This only applies to foreign imports and debts and not the domestic economy which will continue to use physical paper currency and payment cards like Qi, Mastercard, and Visa. 7-7-2025 Frank26 Did you see that President Trump sent letters. Were they letters or emails? I guess they were emails. We don't send letters anymore...To about 200 countries that he's trying to tell them play fair with your exchange rate against my dollar...President Trump sent an email to all of these nations...He says, 'Look, the only way I'm going to take those tariffs off is if you fix your exchange rate of your currency'...Vietnam says, 'Yeah, we can do this.' It worked. 7-7-2025 MarkZ There is really good news out of Iraq today…really good news. Article 1: “Kurdish delegation arrives in Baghdad to finalize oil export deal” This is HUGE news. It is expected to be finalized today. Tomorrow at the latest from what my contacts in Iraq are telling me. Article 2: “The Kurdistan region agrees to deliver oil to Baghdad, and final agreement within 24 hours” The news coming out of Iraq right now is fantastic. It looks like today is the day on this front. An announcement tomorrow is expected. [Post 1 of 2...REPOST] 7-7-2025 MarkZ Question: On a scale of 1 to 10 how sure are you we will get a new rate with the gas and oil law? Personally I’m sitting at an 8…There is a lot of key stuff coming together all at the same time...I am very cautiously excited at how close we are. You all should be jumping up and down in excitement. [Post 2 of 2]

Same story different day.! Since 2005 failure after failure to reach an agreement.. No agreement … No HCL … No Salaries The Barzani’s are greedy

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 7-7-2025 MarkZ There is really good news out of Iraq today…really good news. Article 1: “Kurdish delegation arrives in Baghdad to finalize oil export deal” This is HUGE news. It is expected to be finalized today. Tomorrow at the latest from what my contacts in Iraq are telling me. Article 2: “The Kurdistan region agrees to deliver oil to Baghdad, and final agreement within 24 hours” The news coming out of Iraq right now is fantastic. It looks like today is the day on this front. An announcement tomorrow is expected..[Post 1 of 2] 7-7-2025 Jeff They have a lot of older steps coming forward very close to the timing of this new budget period...they're about to approve the budget amendments. Some of the long-awaited items they're waiting for do require the rate change and they do suggest they're about to come forward in very close proximity, maybe during the second half of July. 7-7-2025 Walkingstick There are a handful of devices protecting the new exchange rate...two printings in the gazette...12-2C... Council of Ministers...Sudani...Salaries that are being guaranteed to be paid to oil companies past and future...there's a budget protecting the new exchange rate. 7-7-2025 Militia Man Article: "Special representative of the Secretary General of the United Nations in Iraq...stressing the country has become open to foreign investments...The stability achieved in Iraq did not come by chance but is the fruit of collective will and precious sacrifices. Iraq distanced itself from the surrounding political problems...We only expect to see a strong and regional and global status for the country of Iraq." It's so true. Everything that's been happening...the last two and a half to three years has been utterly stellar. It's been phenomenal...It's a testament that Iraq is safe, secure and has sustainability. 7-7-2025 Frank26 Everything about the oil issue is agreed upon and not only agreed upon but is being implemented. If we get the laws...than that means the salaries will be paid immediately, no delay...It's now down to nothing more than a flip of a switch. Of course the Iranian politicians are angry. You can't steal digitalization currency...Sudani is in full control 100%...and Baghdad agreed to this. This is very very good.

Praise Jesus here

I'm thinking something unprecedented is about to occur in IRAQ. They are in the position of having or at least wanting to break away from Dollar dominance and a revaluation of their own currency would be a necessity but we're also on the verge of flipping the Financial system to a digital one. If they want to be independent they'll have to develop a CBDC or at least use Stablecoins. Essentially, they could create their own Stablecoin instead, it would function like a CBDC. That's what the U.S is doing. Trump declared that in the U.S. there won't be a CBDC. The U.S. will use RLUSD and /or USDC as the digital dollar. Stablecoins are just like CBDC's, so we'll have a sort of CBDC without actually calling it one. XRP can move anything cross border involving payments. Even Gold and Cash, basically anything. IMO once IRAQ either develops a CBDC or it's own Stablecoin it will be independent of the U.S. Dollar. It can't be worthless as it is now! Moving money cross border may involve Dollar backed Stablecoins like RLUSD and /or USDC but the digital Dinar will have to have value IMO. I'm just speculating of course, and just my opinion.

Here's some articles of Dinarian interests... TNT & Greyeagle Bank Story. Treat as rumors. Not verified. Your opine. TNT: FROM DEEMONEY ON 7/9/25 WEDNESDAY. PART 1. ARTICLE: " My daughter has worked for Wells Fargo for 14 years. She's now in management doing bankwire fraud investigations. She told me a couple of weeks ago that they had mandatory training scheduled for July 14th. Today she's in the office. It's Wells Fargo's largest campus. The call center is there. She just told me that all the big wigs are on campus today & that all of the new changes in Bank wires goes into effect this weekend. I think they are preparing us! We are really nearing the end" DEEMONEY'S PART 2. I'm on with my daughter now. It's called fed ISO 20022 & it rolls out July 13th. It was supposed to go at the end of last year but was postponed. Bigwigs are on campus from all over. The Swift system changes at the end of the year exclamation they did a soft launch last year & it didn't work. DEEMONEY'S PART 3. She said it's been scheduled for July to change over since the beginning of the year. I remember we were waiting for fednow last year and from what I'm hearing, I believe it's connected to our release. Have a wonderful day everyone. DEEMONEY'S PART 4. She told me to pray nothing else changes before Sunday that they are fully prepared for Sunday. There are meetings going on all day in anticipation. Greyeaele1: Bank Story. ARTICLE: Greyeagle1 wrote: Bank Story from a trusted friend: My friend has had a bank account at this bank for over 30 years. Knows everybody by first name. They know her by her first name. She got a notice from the bank that they would be closed from Wednesday at closing on July 9, 2025 until Monday morning July 14, 2025. She went into the bank today & talked with senior loan manager whom she has known since he started. She asked why closing? The Answer changing to new banking system. Q: Are you going to be doing foreign currency exchanges? A: I cant tell you that. Then she went to the head bank manager whom she has known for 30 years. Q: Why are you closing? A: Changing to new banking system. Q: Is it QFS? A: Gave some other name. Q: are you Basil 3 compliant? A: We will be by Monday. Q: Are you going to have the new USD? A: They are on their way now. Q: Are you under an NDA? A: Yes.

In my personal view these slow pokes can go ahead and RV. JS!

Sometimes it seems like it's a bizarre turn on the Marx Bros. movie "MONKEY BUSINESS"

Remember folks, with screw heads like these, Failure is always an option.

in the "coming hours" thats new!🤣🤣🤣

oil agreement equals budget schedules....

“The plans include a deliberate openness to international markets while protecting the local market, as the ministry is working to enhance Iraq's trade openness with countries around the world through well-considered trade agreements that guarantee national interests." The sustained focus on economic diversification, private sector development, and a gradual strengthening of regulatory frameworks indicates a clear intent from the Iraqi government to balance its market and better meet the evolving needs of its consumers. International partnerships with organizations like the IMF and World Bank also provide support and guidance for these reform efforts. Go economic diversification Go private sector development Go strengthening of regulatory frameworks Go economic growth Go stronger Dinar

I think Bruce is on to something here. His insight and uncanny ability to see the connection between the dinar and the BBB is nothing short of awesome! Go Bruce!

How many weekends now, does that make us getting rich? 🤷‍♂️ 🤣

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 7-9-2025 MarkZ Our regular Article from Saleh: “Advisor to the Prime Minister: Monetary Policy has succeeded in stabilizing prices and curbing inflation” He says “We are in great shape.” 7-9-2025 Mnt Goat The CBI has jumped through hoops to implement the much-needed banking reforms and even made the switch over to digital electronic payments in record time, something they have been trying to do since Dr Shabibi’s days more than a decade ago. They needed to ditch the dollar and that too we have been waiting so impatiently to see. It’s done! We are now also going to shortly see the Oil and Gas Law in parliament. This too is just about all done. Next the budget tables for 2025 will be passed on to parliament. We will see all of this happen suddenly and seemingly all in a short time period.

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 7-10-2025 Mnt Goat We can clearly see that Iraq is ready to reinstate their currency and go global with it. It could not be any clearer now. But first there is work to be done with Iran...my CBI contact has been relaying to me from my conference calls to Iraq and she was spot on! She said many times that, right now “it’s all about Iran”.

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 7-8-2025 Samson Article: "Inflation in Iraq fell by 21% and financial stability indicators improved." 7-8-2025 Clare Article: "Construction begins on Iraq’s tallest twin towers in Baghdad" Quote: "Construction has officially begun on what are set to be Iraq’s tallest twin skyscrapers, a landmark 50-story project in the capital’s Al-Masbah district. Foundational work, including the pouring of the towers’ piles, is now underway." 7-8-2025 Sandy Ingram The Central Bank of Iraq's gold reserves rose sharply in the first quarter of 2025. A statement from the CBI said gold reserves reached IQD 21.2 trillion, which is about $16.2 billion, an increase of 19%...held in the previous quarter. It added that gold reserves remains a vital component of Iraq's foreign reserves...The gold reserves do not include the over $100 billion in foreign reserves held in Iraq's accounts in the United States. 7-8-2025 Walkingstick [Iraqi bank manager friend Aki update] The bank [in Dearborn] is open. Question: "What is the main thing they are doing?" Transferring. They're getting ready because they know the Iraqi citizens are going to be transferring a lot. They can now, he's with Western Union. Question: "He's still waiting for the new exchange rate, huh?" That's all he's waiting for. 7-8-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Untied States Federal Reserve still holds our oil reserves, our money, and this affects our economy and our exchange rate. FRANK: Yes, America is still holding on to your oil because we are protecting it. Executive Order 13303 has something to do with it. It's a good thing. It's not a bad thing. Evil pigs tell you it's going to affect your exchange rate of the dinar. Well, of course it is...but in a positive way. It's going to improve it. 7-8-2025 Militia Man The citizens have a national card for internal use in dinar. That's just like us in the United States. When you go buy a candy bar you buy some M&M's what do you spend? You spend dollars. These cards they use are reducing the note count which IMV...is something that will benefit in a time of a redenomination or a revaluation. I think in this particular case we're going to see something to the effect of drop the three zeros and then they will apply a real effective exchange rate. 7-8-2025 MarkZ Article: “The coming hours may witness the signing” This is about the Erbil/Baghdad oil agreements. There is a lot of back and forth right now. But articles are saying they have worked through the issues and signing is imminent. We saw this same kind of back and forth in Kuwait. 7-8-2025 Pimpy Article: "Iraq's inflation rate is declining and its goal reserves are rising, an expert explains" When you start backing your stuff up with gold things tend to get better...Gold is a safe store of value. 7-8-2025 Samson Article: "Iraq's inflation rate is declining and its gold reserves are rising, an expert explains." 7-8-2025 Clare Article: "An expert warns of the US Federal Reserve's restrictions on Iraq's financial sovereignty" Quote: "Economic expert, Diaa Mohsen, confirmed...Iraq still lacks independent economic decision-making due to the restrictions imposed by the US Federal Reserve on its funds, warning of the repercussions of the continuation of this situation on the country's financial sovereignty." 7-8-2025 Frank26 The politics of Iranian influence inside of [Iraq] is powerless now...The whole world knows that Iraq is under control and they know it because of what Donald Trump did. The whole world is celebrating and singing even in Iran. Obviously not the leaders but the people. You know. I know. The whole world knows the future of Iraq's economy and currency, that's why they're pouring into Iraq. Everybody knows.

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 7-8-2025 Mnt Goat Ali Al-Alaq in the CBI is working towards the monetary reform, we have the prime minister Al-Sudani working his magic in the direction of economic reform and his “pet” project of industrial cities. Article: “IRAQ PLANS TO RECEIVE 4 MILLION CONTAINERS ANNUALLY AT UMM QASR PORT.” WOW!...Umm Qasr Port in Basra is undergoing rapid development...Iraq is going to be a “clearing house” for the middle east. This means shipment from all over the world will land in Iraq and they be distributed to other countries. This means massive tariff and customs fees for Iraq. 7-8-2025 MarkZ Question: do you think Trump knows about the RV? I absolutely do…years ago he spent millions on Iraqi dinar because he knows it’s a good investment. As did Warren Buffet….I think he spent 14 million buying dinar.

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 7-6-2025 Clare Article: "Washington announces its first sanctions on the Iraqi oil sector" Quote: "The US Treasury Department announced on Thursday that it had imposed sanctions on a network that smuggles Iranian oil under the guise of Iraqi law, confirming that the network is run by Iraqi businessman Salim Ahmed Saeed" 7-6-2025 Pimpy Article: "Iraq's Economy on Edge Due to High Oil Income Dependence" This is one of the reasons why we haven't seen any increase in value of the Iraqi dinar...They rely too much on the oil sales to fund the budget. The problem with that is the cost per barrel fluctuates too much and it could cause Iraq to run a deficit on their budget. 7-6-2025 Frank26 [Response to Trump 7-5-2025 post] While the [US/Vietnam trade agreement] doesn't guarantee they're going to change the rate for the Vietnamese dong...I can tell you this action is going to do [important] things. 7-6-2025 Sandy Ingram This [trade] deal is big news for Vietnam. It demonstrates the country is emerging as a significant player in the global economy. It also means more jobs, factories and better technology could be on the way soon. The bottom line is Vietnam's trade deal with Trump made investors happier, boosted business confidence, and gave the stock market a significant boost...This could signal an upward trend in the currency's value.

I know this thread is talking about some sort of internal banking system that would hope to separate IRAQ somehow from the world financial systems. IMO it's a pipe dream by the TRADFI dinosaurs. Once the Digital Financial system is fully turned on nobody will use the old system. Even IRAQ wouldn't like it because the corruption would continue. Blockchain is Totally Transparent. Corruption halted, Imo

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 7-5-2025 Clare Article: "Vietnam records 7.5% growth in the first half of 2025" 7-5-2025 Militia Man Iraq hasn't stopped. Even under the last two years we've had significant crisis...There was, 'skies falling', 'doom and gloom' was coming a couple weeks ago. Ultimately nothing stopped. 7-5-2025 Walkingstick Once you see the lower notes, you're going to see the new exchange rate. That's why you'll see the new exchange rate before you see the lower notes. 7-5-2025 MarkZ Article: “Controversy over the oil agreement between Baghdad and Erbil: Temporary soutions or an end to the export crisis” They believe the end to this crisis will be resolved this week. They have a schedule where they hope to start pumping this oil…for the oil and gas laws …including the rates...With the BBB being signed... by President Trump...and many thinking key things are in it for the reset, and Iraq finally getting the oil and gas law done and billions of gallons of oil pumping. Lots are coming together at the same time…a perfect storm…I think its all coming together for a reason. 7-5-25 Frank26 Isn't it fascinating that the new exchange rate is being protected by everything from the budget to the HCL to Gazette to Sudani? Everything you can mention is protecting the new exchange rate. Sudani himself is doing it because the new exchange rate is the prettiest girl in Iraq right now and everybody wants to kiss her. 7-5-2025 Mnt Goat My contact in the CBI has been placed back on the committee for the Project to Delete the Zeros. So, this tells us something...Are they deciding now what to do? Is it time? 7-5-2025 Pimpy Article: "Iraq's economy to grow by 4.1% in 2025" This is only the half way mark and they've already grown 4.1...We want Iraq to continue to grow. 7-5-2025 President Trump Quote: It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam...It will be a Great Deal of Cooperation between our two Countries. The Terms are that Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping. In return, Vietnam will...give the United States of America TOTAL ACCESS to their Markets for Trade. In other words, they will “OPEN THEIR MARKET TO THE UNITED STATES,” meaning that, we will be able to sell our product into Vietnam at ZERO Tariff...Dealing with General Secretary To Lam, which I did personally, was an absolute pleasure. Thank you for your attention to this matter! 7-5-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking to us about our national electronic payment card...does not eliminate the Visa or MasterCard for international use...Once again they are trying to teach us about the electronic payment system, the fact we are digital. This is very very good. Not very much to post today...RON