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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 5-23-2025 Pimpy Community Comment: "You have always said a 25,000 dinar note is going to be a 25 dinar note. Not here. In country only." Pimpy: I never said 'it's only in country only'. Whenever a country changes its currency, it's worldwide. Whenever they're changing their exchange rate it's worldwide. This isn't just 'in country'/'out country'. That's bull ****. 5-23-2025 Nader From The Mid East Article: ...The vast 'leakage' of cash poses a serious challenge to the country's financial stability and long-term economic growth...Saleh...stated the hoarding of cash...has reached critical levels...91-92 trillion dinars are currently outside the banking system...driven by public distrust in financial institutions."
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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 5-23-2025 Clare Article: "US warning of Tehran's influence on Baghdad's relations with Erbil" Quote: "Secretary of State Marco Rubio's statement regarding the rise of Iranian influence in Iraq, which he considered 'a serious threat to American interests,' has raised concerns about the US turning its back on Iraq to deal with it according to a new relationship that does not rule out taking 'necessary measures' against the country. In testimony before the US House Foreign Affairs Committee on Wednesday, Rubio stated that Iran's influence in Iraq has clearly increased and has seeped into the joints of the government, posing a serious threat to American interests. US Secretary of State Marco Rubio affirmed in his testimony before the US House Foreign Affairs Committee that Iraq must respect the autonomous entity of the Kurdistan Region and must also commit to respecting American companies operating there." 5-23-2025 Pimpy What we want to see happen is Iraq to change their exchange rate but leave the zeros on the banknotes. That's what we want. That's how you make your money. If you're going to be rich that's how it's going to happen. All of a sudden, you wake up one day and for whatever reason Iraq has decided to change your exchange rate to $3.22 without removing the zeros. Boom! ...Get that money... because that's the only way you're going to make millions based on all the studying I've done of redenominations and revaluing throughout the histories. And Now - Some Nonsense..! 5-23-2025 MarkZ Comment: I hear banks are getting ready. Mark: I have heard that as well…and makes me feel good. Comment: I think it could go anytime now. Mark: That is what I hear.
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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 5-23-2025 Mnt Goat Article: “46 IRAQI BUSINESS LEADERS PARTICIPATED IN THE INVESTMENT SUMMIT IN WASHINGTON.” ...The US Embassy in Baghdad said in a statement Quote: “A delegation of 46 business leaders from Iraq, including the Kurdistan Region, arrived in the United States to participate in the annual Select USA Investment Summit, which was held in the Washington, D.C., area from May 11 to 14.” So, does the US want to help move Iraq along? Has the U.S. under the Trump administration changed it’s foreign policy to one of strong leadership to help move the reforms ahead in Iraq? It certainly appears that way. The time of the reset is nearing. They must now move this along.
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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 5-22-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: 'My Account' [card] is going to help to retrieve the 3-zero notes. They've been talking about it a lot. The 3-zero notes are a big issue. It would not be an issue if it was staying at 1310. FRANK: That's a good way of putting it. You wouldn't be collecting 3-zero notes if you were staying at 1310. 5-22-2025 MarkZ They are hoarding it [dinar] for a couple of reasons. Lack of trust in the banking system and expectation of a higher value. 5-22-2025 Samson Article: "Kurdish party: Iraqis will benefit from oil revenues after the approval of the oil and gas law." 5-22-2025 Sandy Ingram Iraq is seeing a massive $87 billion surge in foreign investment. This signals soaring global confidence in Iraq's economy...Iraq's economic plans are ambitious, investing in the development road project, natural gas, petrochemicals, tourism and agriculture ...Foreign investments are key to increasing the value of the Iraqi dinar. Iraq is not just rising economically but diplomatically too. On a scale of 1 to 10 this is a solid 7 for good news.
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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 5-22-2025 Clare Article: "Iraq: Concluding Statement of the 2025 IMF Article IV Mission" Quote: "An International Monetary Fund (IMF)...met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation...A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability. [Post 1 of 2] 5-22-2025 Clare Article quote continued: "Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system...The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access." [Post 2 of 2] 5-22-2025 Pimpy People say, I don't think this [$0.76] is where the rate is going to be. I agree. I don't think that's where the rate's going to be either. It might when we first start but I don't think it's going to stop there...$3.22, is that possible? Yeah that's possible. I don't deny that. But $3.22 is not going to be times this denomination [25,000]. It's going to be times this denomination [25]. They're going to have the $3.22 rate. I agree with you. But after they delete the zeros, not before...I'll take the $3.22 rate even if they take the zeros off. Me too Pimple..! At least that's almost 3 x my investment.
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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 5-21-2025 Fnu Lnu I believe they will make the shift into a value added currency however, I also feel this will come after the Digital transformation has been completed and all ancillary hardware and software has been installed and training completed, and global oil prices have increased. 5-21-2025 Clare Article quote: "Economic expert Safwan Qusay concluded his remarks by stating that the government is serious about generating revenue from all sectors as part of a future development plan, noting that financial reforms and Syria's exit from the black market have contributed to reducing pressure on the dollar, predicting that its price will continue to decline to 132,000 dinars per $100."
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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 5-21-2025 Clare Article: "Net foreign assets at the Central Bank of Iraq decreased" Quote: "The bank said...the net foreign assets of the Central Bank for the month of January 2025 amounted to 128.97 trillion dinars, a decrease of 1.41% compared to December of last year, which amounted to 130.180 trillion dinars, and a decrease compared to January of last year, which amounted to 140.77 trillion dinars." 5-21-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says our foreign reserves have fallen to $100 billion from $110 billion...We'll make that up next month. But they say we are still very safe and stable with our reserves and secure.
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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 5-20-2025 Frank26 Question: "Won't the black market get away when they raise the rate?" No! The black market will be annihilated. There won't be a need for the black market. The black market is there because they're trying to rip off the Iraqi citizens. Once you have an established exchange rate, no. 1310 is not established. It's a program rate. 5-20-2025 Fnu Lnu Article "The National Investment Commission (NIC) has announced that over 130 fully approved investment opportunities will be presented at the Iraq Investment Forum..." Events like this have become commonplace with the IBBC and NIC event scheduled for mid-June. These promoters bring the most prestigious corporations to the world. This Summer is going to be a hot one when it comes to International trade. It should be noted that these companies care not what the exchange rate for the Dinar might be. It is a simple calculation. 5-20-2025 Mnt Goat The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened...If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event. 5-20-2025 Pimpy Delete the zeros question: "If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange for $75?" Once they delete the zeros, yes, your 25,000 now become 25 and if it's an exchange rate of 3 to 1... 3 x 25, your 25 dinar would now be worth $75. That's correct.
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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 5-19-2025 Sandy Ingram BP is helping Iraq's economy grow. Their investments are creating jobs and bringing in money. This is goodness for the Iraqi dinar. When the economy is strong the currency usually gets stronger too. This means people in Iraq can buy more with their money. It also makes Iraq more attractive to foreign investors. As investors we are looking for more foreign investments and safety for these investors. We are also looking forward to a time when foreign countries need billions more IQD to ship goods from the Gulf to Europe. These are factors that will drive the value of the IQD up. 5-19-2025 Frank26 Question: "Will each day after the RI see the rate go up?" Wouldn't that be great if it did! In the beginning it's going to have an accordion affect. That 'accordion time' is going to compress time. There will be a lot of...short increases along the way. You'll watch it. You'll follow it. You'll find the rate that you want and you'll exchange. 5-19-2025 Fnu Lnu Article: "President Abdul Latif Jamal Rashid and Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, met at Baghdad Palace to discuss economic reforms aimed at strengthening Iraq's financial sector and...emphasized the importance of modernizing the banking system." If Iraq were secure and stable, why would they be having these meetings? If the banking sector were up to speed and ready to rock, why are they discussing modernizing the banking systems? Short answer, they wouldn't! The issues surrounding Iraq aren't all that complicated...trust is running at an all time low. 5-19-2025 MarkZ this weekend was the Baghdad summit and they have made lots of deals. Someone from Nato is meeting with Sudani and they are looking at Iraq like they are truly international. They just need the last of the restrictions removes so they have a fully international currency. 5-19-2025 Pimpy You got to understand when you're dealing with exchange rate, it's global. Because people are making trade with them. There's no 'in country' rate, 'out of country' rate. It's the same, period. Once they make that change that's what happens.
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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 5-19-2025 Walkingstick Yesterday they made a statement at the Baghdad summit. This Baghdad summit is a stage IMO to show off to every that is interested in the potential of Iraq's future. Not right now, but as soon as they release the new exchange rate...Sudani...said Iraq is a Recovered nation. They have a recovered monetary reform... monetary policy... investment opportunity... recovered their banks... infrastructure... They have recovered 1310 and in doing so IMO have a recovered exchange rate. This is part of the recovery to say to the world and Iraqi citizens that the recovery of their monetary policy was successful. 5-19-2025 Militia Man Article: "The Baghdad summit took place regularly and Iraq regained its leading role" I like that title because it's leading role. It's regained its place in the regional arena. That's good...Saudi Arabia, UAE, Qatar, Egypt, every single one of those are trading partners. They're going to have an impact when Iraq does a revaluation of their currency. They have to have synergy/synchronization...It's going to be a powerful move when Iraq does that [rate change]. 5-19-2025 Frank26 Enough is enough. They know. You know. All the conventions and committees that are occurring especially in the Middle East, they know. The whole group that's coming from Iraq over to Washington DC, they know. You know. You know who really knows? Iran. That was the problem from day 1. Long before you got interested in the Iraq dinar it's been Iran. That has been the sore thorn in the side of Iraq's economy..
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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 5-19-2025 Mnt Goat Article: "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY" Quote: "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system" WOW! ...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena. If they are going to go international with their currency there will be vulnerability. They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic shocks”. I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.
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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 5-18-2025 Frank26 Article: "Trade Bank of Iraq wins JP Morgan Chase’s STP award" JP Morgan, you messing around with the Iraqi currency and you're doing direct foreign transfers with the Iraqi dinar? Yeah...Didn't you [Chase Bank] tell me that it's a scam? The currency is a scam? The monetary reform, everything's a scam? Why are you scamming yourself? Why are you doing this? Because it's no secret anymore. We don't need to pretend anymore. 5-18-2025 Pimpy As you can see over in Syria the people celebrated throughout the night. Trump lifted all sanction off Syria. He's trying to bring peace to the Middle East...He seems to be doing not only a great job but a very supportive job...Trump is...promising the region prosperity if they agree. He's got these countries...that support Iran are telling Iran, 'You need to get your **** together dude. We want prosperity. We're tired of all the fighting. We want peace in the Middle East.' It looks like Trump is going to get his way...If you can avoid conflict, you understand how much prosperity would be there? Countries would grow economically. These people would have stronger currencies, more economic growth...And this includes Iraq. 5-18-2025 Militia Man ...The summit took place yesterday. They talked about approvals...integration...a lot of different buzz words that show Iraq is ready for investment for the private sector. For that to happen we believe there's going to be an interconnectivity to the global financial system. They haven't done that at 1310. But they are expected to have a real effective exchange rate at some point in time. 5-18-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Syrian debts to the World Bank which is about $15.5 million was just paid off by Saudi Arabia and Qatar. Your president is gone but the shadow that he's casted over the Middle East is causing peace all over the place. 5-18-2025 Mnt Goat ...one huge obstacle is still Iran and this issue must be resolved. Remember that the U.S. has to sign off on the reinstatement of the IQD to finalize the process...At this point it shows that goals have been accomplished and its time to reap the benefits.
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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 5-14-2025 MarkZ We have 47 entrepreneurs and business leaders participating in the select USA investment summit right now. There are a lot of Iraqi business people here in the US. They are cutting deals and building partnerships between the two nations for opportunities, manufacturing and tourism. This is international and prosperity. If they are going to be international, they need a truly international currency. 5-14-2025 Militia Man The country of Iraq is talking about global output...You'll be surprised how impactful that's going to be in the country of Iraq because they're going to take advantage of inputs and outputs. They're filthy rich with natural resources. They told us the other day what? 16 trillion in just two rare earths. 16 trillion! That's not including oil, gas, tourism, any of that...The currency is at what?!?! 5-14-2025 Clare Article: "Ministry of Oil: Iraq is floating on a large and inexhaustible oil and gas reservoir." Quote "Iraq is floating on a large oil and gas reservoir from north to south, and it will not be depleted from now on and for a very long time."
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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 5-14-2025 Mnt Goat ... the rise of the dinar against the dollar continues. Many economists believe that the rate of the dollar will SOON be equal to the “official” CBI rate of the dinar. Does this sound like 1:1 to you? Let’s break it down. So, if the dollar on the parallel market does reach 1320 that’s 1320:1320, is it not?...Is this not the same as 1:1?...“WOW! WOW! WOW!” Do you see now why I have been placing so much emphasis on this parallel market? Heck, it was not me alone but the CBI too, of course with the efforts from my CBI contact. “WOW! WOW! WOW!” 5-14-2025 MarkZ Article: “Swift and the Federal Reserve put Iraq at the mercy of the global economy” this points out that Iraq is now “International” Comment: International requires an RV. Mark: We are waiting for that announcement.
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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 5-7-2025 Mnt Goat We have previously read many articles on the “New Rafidain” bank and the reforms taking place there. The CBI was working to reform the bank to necessary to global standards and digitization. First why would they do this if not working towards a higher rate when going back to FOREX. If they wanted a 1320 rate, they could have already done it over the last two decades...But this is not the case as Ali Al-Alaq has told us many times already he wants the dinar to go back to its “glory days”. 5-7-2025 MarkZ Today on TV Trump announced he is going to the middle east next week and then says he has a big announcement and will make it Thursday, Friday or Monday before he goes. He said an announcement that will “shake the world”. Just stay calm…it sure appears we are closing in on it. Is it possibly a peace deal with Gaza and Palestine? Or is it a revaluation of the Iraqi Currency? That would fit with some rumors we are hearing out of Iraq. **** From Midnight Tuesday Night **** 5-6-2025 Militia Man I have a passion for what I do. I believe in what I own. I'm not here to blow smoke...The disinformation is a big thing. You see it in the news. It's everywhere. It's here in my country, maybe in yours. It's hard to decipher what's real. And that's what I do the best that I can to make sure that I have vetted information...That's where experience comes in... 5-6-2025 Frank26 I'm still very encouraged about this year because the new exchange rate can be released at any time. It's just very convenient at the beginning or the end of a quarter...This is the year to release the new exchange rate. 5-6-2025 MarkZ [For this piece we want to give credit to Samson with Militia Man and Crew.] Article: “The United Nations and 18 countries meet with the Iraqi Banking sector to discuss banking relations at the headquarters of the Association of Private Banks” they are focused on safety and moving money internationally. This would be very important if there is a value change in an international currency. Many of these countries listed are in the same basket that we have discussed. Iraq is clearly moving to international and quickly!!
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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 5-6-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says any article in our country that talks about the deletion of the zeros, that's totally different than the deletion out of the country. FRANK: Yes, because the way the 3-zeros are deleted in the country of Iraq are going to be different than the way they're deleted outside. In the country it's going to be cause they're going to lift the 3-zeros from an exchange rate...But outside the country they're going to collect the 3-zeros from the notes when they get turned in. FIREFLY: They're entirely two different animals. In country when the rate changes we go in and they will drop the zeros and then we get the new rate, purchasing power applied. Whereas outside of Iraq...for example [FIREFlY's brother in the US] has 1 million dinars. He will go to a bank in America like your friend Aki and let's say the rate is $3, he'll get $3 million...It has to be that way. 5-6-2025 MarkZ Article: “The minister of finance is reporting a 5% growth in non oil GDP in 2024” this is a pretty big story. Presently oil prices are suppressed but it started the year at $78 a barrel...they are far more secure than the “Chicken Little’s” out there are claiming.
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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 5-6-2025 Mnt Goat Article: "IRAQ INVITES MIKE WALTZ TO VISIT BAGHDAD AND SEE THE POSITIVE DEVELOPMENTS ON THE GROUND" Quotes: "Foreign Minister Fuad Hussein invited US National Security Advisor Mike Waltz on Tuesday to visit Iraq and observe the “developments” taking place in the country on the security, political, and economic levels."; "Minister Fuad Hussein affirmed that the security situation in Iraq is stable and secure." [Note: Mike Waltz is no longer US National Security Advisor and is now UN Ambassador. Secretary of State Marco Rubio is the acting National Security Advisor. Iraq will surely get the update shortly.]
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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 5-5-2025 Mnt Goat Article: “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.” As investors we have...been watching for the Oil and Gas law/referendum required by the new Iraqi constitution of 2005. One day we hear it is being passed on to parliament and the next day we hear it will not even be considered in the current session. A member of the Patriotic Union of Kurdistan (PUK), Burhan Sheikh Raouf, confirmed on Thursday that the oil and gas law will not be passed anytime soon, as the current parliamentary term is approaching its end, despite the urgent need to regulate this vital issue.
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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 5-4-2025 Samson Article: "Maliki's coalition sounds the alarm: Iraq's financial situation is dangerous and salaries are threatened." 5-4-2025 Frank26 Let's pretend that you wake up and you find out...there's a new exchange rate for the Iraqi dinar and you have the desire to go to a bank and exchange...Be careful with what relative you share this information with. I told you they're out there looking for you. I'm not just talking about our government. Your best friend, that 3rd kissing cousin you haven't seen in 3 years...Do everything possible to protect you and your family. Limit those that you tell in your family.
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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 5-4-2025 Militia Man You're seeing blow-back, not wanting Iraq to go international because the cash cow is drying up, just like the dollar auctions drying up, smuggling currencies...oil, everything...If you read the news...you got to know who's talking and what's their agenda. There's a lot of influxes from the neighbor that doesn't want this to happen. They want to throw a wrench. They put out fake news. They put out negative news. They make people nervous...scared...have doubt...If you look at the other side of the coin it's all positive. Why? Because $88 billion has come across the borders...to take advantage of the security and stability and sustainability that Iraq has and all that Sudani has done. 5-4-2025 Samson Article: "In an interview with an American media. Al-Sudani: Iraq is currently going through its best since the establishment of the Iraqi state"
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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 5-1-2025 Militia Man Article Quote: "Non-oil imports rose significantly during the government of Muhammad Sudani including long-term investment revenues." Sudani has increased the non-oil revenues since he's been in office. Realize Iraq's original valuation was primarily based off oil. Now they have non-oil resources. They're really going to be able to support a real effective exchange rate as far as I can see. 5-1-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Keep in mind that Alaq is the one that's actually going to pull the trigger on the new exchange rate when they tell them to do it. He's the only government official that can actually do that. Government officials do not control the rate so we have to see what Alaq says. This was from the deputy of the CBI. FRANK: I don't see Alaq having that much authority. Granted I know he's in charge of it but he also has bosses like for example the board of directors who make all the decisions about the new exchange rate. I just think that's important that we remember that. 5-2-2025 Yada For this rate to delay another month would mean they'd have to freeze all they've done up till now. 26 billion dollar worth of oil not flowed from Iraq to Turkey and all needed is the rate to populate. US pushing to get it restarted. Billions of invested money from companies arrived in Iraq the past 3 weeks and doubt they will just sit on it with no rate change...There is much said in the articles as well as prep actions of Iraq to indicate, the rate release is upon us.
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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 4-29-2025 Clare Article: "Central Bank: Visa and MasterCard card issue abroad to be resolved next month" Quote: "Central Bank Governor Ali Mohsen Al-Alaq announced on Saturday that the issue of Visa and MasterCard cards abroad will be resolved within the next month...Al-Alaq said, An agreement was reached with all concerned parties - which include Visa and MasterCard in coordination with the Treasury, the Federal Reserve, and the auditing company...stressing that the Central Bank has taken rapid steps in this regard, expecting to complete this task...before the scheduled date for this process, which is June 1." 4-29-2025 Frank26 Question: "IYO when the Iraqi people turn in their notes do they get program rates or a different rate?" No, program rate 1310. That's why they don't turn them in. They'd rather get them out of the country but it's kind of tough to do that now. Borders are very secure. It's hard for things to get in and get out. 4-29-2025 Militia Man It's amazing to see how far the central bank has come. They're in line with the global markets and they're going to have what I believe is to be inner connectivity...Iraq's ability to move away from the parallel market has been epic...95% of all transactions are outside of the parallel market.
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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 4-28-2025 Samson Article: "The 25,000 category accounts for the largest share of banknotes." Quote: "The number of banknotes issued by the Central Bank during January 2025 reached 6 billion banknotes." That's 150 Trillion IQD - @ 10 cents/IQD that's $15 Trillion, not counting the other notes. Let's assume with all the other notes issued that it's $20 Trillion. That's a lot issued, but the real question is how many are really in circulation..? They've been destroying notes like crazy, especially the 25K notes. RON 4-28-2025 Militia Man Remember, Iraq's original currency was mostly reflected off of oil and rentier country. Not anymore. That's going to mean they're going to need or will have a very strong powerful real effective exchange rate. It's obvious IMO.
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4-28-2025 Frank26 In the Middle East...they're talking about a new exchange rate and the heavy talk they were dealing with was that maybe...a new rate was coming out at around $1.32. I don't now. I have no idea what the rate will be but I do know the IMF and the World Bank is working with the CBI and the US Treasury to bring purchasing power to their currency. When? I don't know. All the evidence is in the articles. 4-28-2025 Guest Boots-On-The-Ground Guru Maxis For the past 2 nights the CBI building has been lit up. I don’t know what it means but it’s never happened before. [See photos below.] Central Bank of Iraq - Day Time. Central Bank of Iraq - Night Time 4-28-2025 MarkZ Article: “Trade: Launching farmer’s dues with an electronic payment system” they are modernizing their agricultural system…this is a big thing. Its one of the major legs to support the value of their currency and stablility of the country.
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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 4-21-2025 MarkZ Question: “Why is it important for American companies to visit Iraq?” For stability of course. There are a number of US and International companies that signed with the private sector. They need this for the reform process. 4-21-2025 Militia Man We are still following along an international event. I think that is real. I don't think it's just Iraq centric and I haven't believed that for a long time...You can tell that the United States Treasury, US Federal Reserve, IMF, World Bank of International Settlements, everybody's been involved... 4-21-2025 Frank26 AsraFlak is talking to the Iraqi citizens, not you, not even me, but they're talking to the Iraqi citizens IMO about everything they need to know concerning the new exchange rate. 4-21-2025 Clare Article: "Al-Nusairi confirms that the Central Bank's approach to banking reform and development contributes to accelerating Iraq's accession to the World Trade Organization." 4-21-2025 Sandy Ingram The Central Bank of Iraq has expanded foreign currency transfer options for local banks by adding the Jordanian dinar and Saudi riyal. Additionally Iraqi banks can now use the euro to fund trade with Turkey...These new currencies join...the USD, UAE dirham, Chinese yuan and Indian rupee. The goal is to diversify trade financing and make international transactions more efficient at official exchange rates...an upgrade aligned with International banking standards. 4-21-2025 MarkZ Trump has been sending more and more folks to Iraq to help them finish the completion of their reforms and preparations for their ascent to the World Trade organization. They have told us repeatedly that the final goal is to increase the purchasing power of all Iraqis. 4-21-2025 Fnu Lnu Conducting domestic commerce is and will continue to work with the Dinar as it is. There is no impetus for a RI/RV...Iraq has far to go and they are making progress on may fronts but the necessity for a change in the currency/economic policy is not a pressing issue and is not being discussed...the RI/RV is likely going to take more time and a more pressing use case must be presented. Such a necessity is not now present and it is doubtful that we will see it this year.
