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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 2-20-2025 Frank26 Trump and Sudani, that combination IMO is unstoppable for your monetary reform. I dare them to try to stop this now because Trump is there now. Why do I say such a thing? Because both sides have a currency that needs help form each other...This mutual symbiotic relationship is going to be so powerful in the banking industry. Both the American dollar and the Iraqi dinar are about to rule. 2-20-2025 Samson Article: "Official denial and popular fears: The spread of the 'counterfeit' Iraqi dinar causes panic among citizens and traders" 2-20-2025 Militia Man The oil to flow into Turkey hasn't been done yet. And the salaries to the citizens haven't been paid. All of these things need value. What rate are you going to be able to pay those salaries at? What value are you going to apply to the exchange rate with oil crossing international borders? 2-20-2025 DinarDiva1 Kuwait RV March 24 1991, Ramadan that year was March 17- April 15, 1991 - Therefore they RV'd smack in the middle of Ramadan. 2-20-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says the United States of America Federal Reserve and the Treasury praised Iraq...Sudani...banks...CBI, on our cash distribution system that we have in place now. They say it's the fastest in the world. Why would we need something so fast and advanced for 1310? FRANK: It was the US Treasury that established the cash distribution center. I believe we're going to see the new exchange rate soon. This system is in order to facilitate the distribution of the lower notes that are soon to be coming out. This monetary reform is well organized.
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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 2-19-2025 Frank26 Article: "Exporting the region's oil" on the table of Nechirvan Barzani and the Turkish Foreign Ministry" FLOW OF OIL FROM TURKEY = A NEW EXCHANGE RATE... OR THERE WOULD BE NO FLOW! ...You got Turkey that says, 'Ok we're going to send the oil in.' At 1310? No I don't think so. **** Now for some MarkZ's Nonsense **** 2-20-2025 MarkZ Question: What happened to the bond people that got paid. I thought bonds were supposed to kick everything off? MarkZ: the bond folks who got money are the facilitators…not the bond holders. When the bond holders get their money …we are very close. On the positive side…things just lit up. A number of bond holders have told me they expect to get their payments late this week into early next week. This has come from many sources on 3 different continents. Since it came from so many sources I believe it’s safe to say that bond holders will soon have cash. It is my understanding the bond holders should get full payments. [Post 1 of 2] 2-20-2025 MarkZ They have to close out the old books so they can start the new books. Closing out the historic bonds closes out the old books. Bond facilitators told me they pay the commissions out first in fiat money …then the bonds themselves will be paid in asset backed…then you and I all go to the bank...With the vast number of bond contacts that have checked in… I imagine groups will start checking in at any moment. Hopefully this will help us narrow down the timing. [Post 2 of 2]
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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 2-19-2025 Sandy Ingram To understand how the Iraqi dinar can increase in value from $0.00076...to $0.10 cents we must analyze the steps involved in such a progression. This type of increase typically follows an exponential growth pattern particularly in speculative or emerging currency markets...The starting exchange rate in early 2025 is .00076. If the IQD reaches $0.10 this represents... a remarkable 13,158% increase. Several economic and market conditions contribute to currency value appreciation. [Post 1 of 2] 2-19-2025 Sandy Ingram Increased adoption: as more individuals and business use the IQD, demand rises, increasing its value. Speculative trading: Investors betting on future appreciation can create exponential growth in the short term. Scarcity: If the supply of IQD is restricted while demand rises, its value naturally increases. Psychological milestones: Breaking key value points such as 1 cent or 10 cents can accelerate momentum as more investors take interest. [We] believe speculation trading, where investors bet on future appreciation of the IQD will create exponential growth in the short term. [We] also believe psychological milestones will play a major part in increasing the value of the IQD. [Post 2 of 2] 2-19-2025 Militia Man Article: "Britain: Iraqi government supports private sector, encourages international investment" Iraq is making headway and the Iraqi-British Council see what Iraq has to offer for international investment and the private sector! The World Bank is in agreement! The signs of Iraq opening to the International Financial System are everywhere Al-Sudani Prime Minister of Iraq turns! It is truly amazing to watch take shape! All investors in the Iraqi dinar should be smiling large! I know I am.
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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 2-17-2025 Frank26 Think about this seriously...What should you do when the value goes up? Should you exchange 10% and hold on to 90%...[and] continue this journey? Or should you exchange 90% and hold on to 10%? Well, why don't I change 100%? Because in my thinking you want to diversify when you exchange. I can continue with the dinar, but at a smaller scale. Instead of putting all my eggs in one basket, I just put one egg in the dinar. Right now all my eggs are in the basket of the dinar. Makes sense? Diversify. That's why you have a team... lawyers... spread your money in every way you can. Good luck and God bless you on the decision you make. I believe the route I want to take...is the 90/10. I may go 95/5. I will still hold on to a small portion of my dinar as a form of an investment. Look for your rate of return. Make sure you get the very best of them all. 2-17-2025 Militia Man 12-2c [of the budget] we haven't see that exposed in The Gazette but we're expecting it to be because we know that amendment law has been ratified... It may not be published in the Gazette till after the Central Bank Governor Alaq shows us an exchange rate. Or they do it at the same time. 2-17-2025 Clare Article: "The President of the Republic approves the amendment of the budget law regarding the export of Kurdistan oil through SOMO" Quote: "President of the Republic of Iraq, Abdul Latif Jamal Rashid, approved the first amendment to the Iraqi federal budget law regarding the export of oil from the Kurdistan Region through the National Oil Marketing Company (SOMO)...In order to implement the law, there is only one stage left, which is to publish it in the Iraqi Official Gazette."
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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 2-15-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says, for what it is worth, now at this point, it will come out $3.50 to $3.80 and probably be a managed float. Meaning 10% growth daily. Thinking out loud...it won't go much over four bucks before settling back just ahead of Kuwait dinar. I could be 100% wrong but I have a gut feeling. FRANK: I think the reason why you have a gut feeling is because you have been allowed to attend some of the meetings that you cannot talk about. Concerning the new exchange rate, it can be anything from $0.50 to a $1.00, or just over a dollar. But I will admit, your opinion that it may come out at three and above is logical because this is a reinstatement, and it should start where it left off at $3.22. 2-16-2025 MarkZ Article: “Foundations warn against “parallel banking system” and “shadow economy” in Iraq” What’s it mean when the US cuts off dollars to Iraq? It means they will be forced to move forward with their revaluation. This is what the US is working with Iraq on…It is nothing to be feared. It is something to be embraced.
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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 2-15-2025 Samson Article: "IMF: Iraq is financially stable and does not need aid...The Director of the Middle East and Central Asia at the International Monetary Fund"
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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 2-15-2025 Kaperoni Article: "Iraq on the list of countries most attractive to investments" 2-15-2025 MarkZ Question: Mark, do you think it’s possible the dinar will be on forex Monday Feb 17th-Presidents day? Mark: I think it’s highly possible. I have multiple confirmations of bond commissions being paid in the last 24 hours on historic bonds…(??? Here he goes again with the BS) I am very excited but do not know what it means for our timing…yet. But this is money going to people I know. People I know have money… I am very excited... a number of contacts now have spendable dollars...this has never happened before. This is brand new and gives me great hope. Question: so once bonds are paid it’s our turn? Mark: Yes then it’s our turn. {Rumor} 2-15-2025 Frank26 Question: "Your friend has [an Iraqi] bank in Dearborn Michigan would you exchange your currency at that bank?" No, no, no. I'm an American. I'm a patriot. I'd rather exchange at an American Bank, even thought I'm not too happy with them, because I want the dinars to go to our federal reserves to help our country. If I go to Aki's bank the dinars will go back to the CBI...The CBI doesn't mind we are helping our country... 2-15-2025 Fnu Lnu People who will get paid before the official FOREX listing are contract holders who contracted to sell to private buyers. These contracts are pre-2011 October. This is because of the "Law Of One Price". It is illegal to sell the same financial instrument for different prices in different markets. There are a few other groups that were sanctioned by the UST but they are very few. They will get higher returns on investment than the regular guy off the street. It is a myth that you will be offered a "Contract Rate" at a "Redemption Center". Neither exist in the real world...ALL sanctioned groups are under strict NDA's. There will be no telegraphing of pre-payouts and no one will be "Screaming Like A Stuck Pig" lest they want their payments clawed back. (Lose their money)
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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 2-14-2025 Newshound Mnt Goat Articles: “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” and ” TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN“. These are my favorite articles in the news... It may at first seem imposing, but it will lead us to what we have been looking for all along...this move by the US is supported by the CBI and is in the plan as the next move that had to be made...It is going to set up the dinar for the future value.
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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 2-3-2025 Fnu Lnu The Dinar is now getting International attention. I was just on a conference call with a very small group of arbitrage experts based in Singapore. Imagine my surprise when the call mentioned Dinar and the second part of the call was about the Dinar. The good news? The moderator said the RV was completed, which many of us have believed but couldn't prove. The final steps of the RV are contingent upon the completion of the "Financial Integrity and Cross-Border Payments" training program. [Post 1 of 3] 2-3-2025 Fnu Lnu The "Institute for Financial Integrity" (IFI) based in Washington DC, has announced an initiative aimed at enhancing Iraq's banking systems...in collaboration with the CBI and K2 Integrity, will provide training to the NBI (National Bank of Iraq). This will be a huge boost for the banking sector, provide essential training, and drive value. This training is vital to insure to the investing world, that Iraq is up to International standards. Though the RV is completed, this last important step is what is causing, what we perceive, as a delay. It is no delay at all. It is about how to distribute the funding. This also signals that we are now so close you can just smell the greenbacks as they are distributed, cross borders, to eagerly awaiting American Dinar investors. [Post 2 of 3] 2-3-2025 Fnu Lnu This call was so information dense that I will have to listen to it several more times to digest all of the content. The function of revaluing the currency is completed. The rate is decided. All the numbers are calculated. What is left to do is to be trained on the physical task of properly distributing it. Crossing the T's and dotting the I's...We are so close now it is crazy. This training can be done in a matter of days. This is why the UST and others are in Iraq right now. This is all brand new ground and you are on the inside of this knowledge. [Post 3 of 3] 2-3-2025 MarkZ We were told after the HCL was complete – to expect the RV in a matter of days. A big roadblock to HCL was removed yesterday. Enormous things happened over the weekend. Many expected the RV rate to be there this morning…but I thought that was a little premature. Stay calm everyone. 2-3-2025 Frank26 It's amazing...every time they release information, it simply points at a new exchange rate. It's getting closer and closer with each announcement. 2-3-2025 Clare Question: "Should I be celebrating this step [passing the 1st amendment to the general budget law for 2023-2025] or be frustrated? My simple mind wants to know" THIS IS A MAJOR BREAKTHROUGH IMO. IT IS WHAT SUDANI WANTED AND HE MADE SURE IT HAPPENED TODAY! (THAT'S WHY HE HAD THOSE MEETINGS FRIDAY NIGHT.) IMO 2-3-2025 Militia Man Article: "House of Representatives votes on the draft law amendment" We've been waiting for this. Quote: "The House of Representatives voted yesterday Sunday February 2 2025 on the draft law amending the first budget law...with attendance of 176 representatives." That tells us they have a quorum...That's powerful. They look like they indeed had the vote...This is an important step to reconnect the region to global markets. That's internationalism. That's big...Obviously big change is coming.
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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 2-3-2025 Samson Article: ”Al-Sudani: Parliament's approval of the budget amendment confirms political stability, and we call for starting it immediately" 2-3-2025 Mnt Goat President Trump...has now taken on the issues involving Iraq. This is a very good for us investors as we all know the value of the dinar has been greatly suppressed due to corruption and stalling. Yes, we all know and so does the CBI that this needs adjustment. The adjustment is coming but it will take political willpower to do it.
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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 1-30-2025 Frank26 The relationship between Sudani and Donald Trump is about to announce some initiative that is going to make America and Iraq stronger. The expectations of this are pretty high...What do you think this announcement from Trump is going to be? Community comment: MAGA and MIGA - Make Iraq Great Again. FRANK: I like that because that's exactly what this man is doing right now. 1-30-2025 Militia Man This weekend is going to be a very interesting time frame for us. It's really a critical time for us...they even use the word 'crucial'...They definitely have a critical time as far as I'm concerned... 1-31-2025 Clare Article Quote: "The US Republican representative ... demanding sanctions on the government-owned Rafidain Bank, accusing it of being a 'machine' for laundering money for the Iranian regime...Wilson wrote in a blog post on the X ....'the US Treasury and the Federal Reserve, under Joe Biden...have allowed Rafidain Bank...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'... noting that President Donald Trump 'will fix the matter'.... 1-31-2025 Frank26 Security and stability is what we constantly are seeing them brag about. I'm surprised they don't have the Goodyear blimp going by and saying, 'We have security and stability in Iraq now!' Everyone knows it. The whole world is pouring into your country. World banks are going crazy. Everything that should not be happening to your country because you're at a program rate is happening. How is this possible? What is this? This is The Twilight Zone...We now step into the new dimension called the monetary reform giving purchasing power to the Iraqi citizens. 1-31-2025 Mnt Goat The governor of the CBI knows the Dr Shabibi plan and it can not be stopped. It can be delayed but the reforms move ahead in spite of the U.S. foreign policy of the past. However, it also took a decent prime minister like Al-Sudani to move it ahead regardless. Remember the Nori Al-Maliki days. Yes, this was yet 8 more years of wasted time...All we need to do is take a good hard look at the last couple years of progress under Al-Sudani and we can clearly see a change. This took strong leadership and dedication to the White Paper reforms. This is where we are today. They are now at the point in spite of all the corruption they have made it to the finish line but now they need a push over it...
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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 1-31-2025 Militia Man Al-Sudani has been having one achievement after the other and the results are out there for everybody to see. If you can't see it now, it's like man?? 1-31-2025 Clare Article: "Iraqi Bank Training on Cross-Border Payments, Financial Integrity" Quote: "The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership with the Central Bank of Iraq (CBI) and K2 Integrity." 1-31-2025 Sandy Ingram In the near future it's unlikely the Vietnam Dong will experience a significant increase in value against the U.S. dollar. Here's why: 1. Controlled Currency Policy. The Vietnamese government closely manages the value of the dong to maintain export competitiveness. A stronger Dong could harm Vietnam's economy by making its goods more expensive globally. 2. Inflation and economic balance. Vietnam's bank is cautious about rapid changes to avoid destabilizing its economy. 3. Global dynamics. Vietnam's reliance on exports means its currency value is tied to global trade dynamics, including demand from the U.S. and Europe. 1-31-2025 MarkZ Question: When they exchanged currencies in the past-How was it given to you? Mark: Right into your bank accounts. …Also in the past-before electronics…if it were a smaller amount…they just handed you cash. 1-31-2025 Frank26 Article 12-2 c not being voted on or passed yet by parliament that's because IMO Article 12-2 C and the new exchange rate are married and Alaq is performing the ceremony right now... And now, a bit of Bruce's Bull Sh*t 1-31-2025 Bruce [RUMOR] ...President Trump wanted to make sure that Iraq was ready to go and to bring out their new rate, and that rate would theoretically be in their new budget, which is being passed, probably by the weekend...so it could end up going in to the printed version of the Gazette and the virtual version of the Gazette On Saturday or Sunday...we believe that it could come out to where things could start happening around noon on Saturday.
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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 Militia Man Iraq's got 43% more oil than Kuwait. What [Kuwait] doesn't have is non-oil revenues. It's very powerful. It shows Iraq is totally capable of having a real effective exchange rate that could be at least competitive and similar to the region. Frank26 [Iraq boots-on-the-ground report] FIREFLY: There is a news program on television right now talking about currencies and the countries of these currencies. It looks like they want to give us more monetary reform education before they give us our new currency. One of them is Kuwait dinar; the currency is $3.23 with $105 million in reserve. We, Iraq have $145 million in reserves and we say that we are 43% higher in reserves in Kuwait. We should be also having stronger currency too as we see it. FRANK: Of course. Sandy Ingram Article: "Iraq's gold reserves significantly increased" [Iraq's] gold reserves grew by 57% in 3rd quarter of 2024. The value of Iraq gold reserves rose from 10.7 trillion Iraqi dinars, which is $8.1 billion USD, in 2023 to 16.8 trillion dinar or $10.6 billion USD in 2024. According to the World Gold Council, Iraq now holds 152.6 tons of gold raking as the 29 largest gold holding country globally and 3rd in the Arab world after Lebanon and Saudi Arabia.
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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 Militia Man Article: "The Kuwaiti dinar currently is the strongest currency in the world: 31 Kuwaiti dinars for every US dollar." If you do the math it turns out to be about $3.22. Quote "It's worth noting Kuwait has about 7% of the world's oil reserves which greatly supports the value of the currency. According to 2023 data Iraq has significantly more oil reserves than Kuwait with Iraq holding approximately 145 billion barrels of oil compared to Kuwait's 101.5 billion." Iraq has 43% more oil than Kuwait. [Kuwait's] currency is strongest in the world. Iraq has the ability to be at least 43% more valuable based off oil, let alone their non-oil revenues. Pretty exciting times! MM, you forget the population of Iraq is almost 10 times that of Kuwait, and it's size is 25 times larger ( As of January 20, 2025, Kuwait's population was 4,984,970, while Iraq's population was estimated to be 47,020,774 in mid-2025 ) - your logic of a 43% greater value is absurd and unrealistic. RON MarkZ Comment: Mark look at IQD on xe and see what it says …it started showing up on Saturday. Mark: We are seeing some crazy rates and values… buckle up, its going to be a crazy couple of days.
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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 Militia Man Iraq hasn't been on the Forex market at 1310 in an International capacity. Are they ever going to do that? I don't think so. When they start mentioning, first time in a long time, coming from the Central Bank of Iraq...telling you exactly what they've done...You're going to see a theme and that theme is, going international. When they mention Forex, I have not seen them talk about this ever before...Take that whole thing very serious because it's powerful. Clare Article: "4 days separate Iraq from a phase full of "unexpected events" Quote: “Donald Trump will officially assume the US presidency on January 20. Trump will move to remove part of the ruling class loyal to or linked to Iran, because it is time to resolve the situation according to regional and international balances."⚡ Mnt Goat I did have a conversation with my CBI contact [Wednesday]. This is why I am very excited...I could hardly believe that now the economic experts have finally turned to the mantra. The new mantra is – LETS GO TO FOREX! This was the same tone in my conversation. My contact sounded VERY excited and anticipatory.
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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 Frank26 I'm extremely excited because that 3rd reading [of the budget amendment] is basically guaranteed. Why would I say such a thing? Because if they don't do the 3rd reading, 15 days later the budget is exposed. It exposes everything and once it does, then you got to figure out float or basket. Militia Man I don't have to be the first person when the dinar goes. That's fine. When it goes I'm going to be a happy happy man. I'll be a happy family too. There's going to be a bright future. Clare Article: "In London.. Iraq signs new memoranda of understanding with British companies in various fields" Quote: "In the British capital, London, a ceremony was held to sign a number of memoranda of understanding between the Iraqi public and private sectors and a number of British companies and institutions, in a number of fields, in the presence of the Deputy Prime Ministers" Jeff PM Sudani went to the UK Britain to put together a massive trade MOU agreement worth billions of dollars, a very large trade agreement. It definitely will require the rate change in order to implement that
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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 Frank26 [Discussing photo of an unknown lower note sent to Frank] SENDER: What's that [note] underneath it [photo of the known 250 and 500 dinar notes]? FRANK: I don't know what that is. Where did you get this? SENDER: It's from a contractor in Iraq. FRANK: It's not just because of the color I see there, it's the packaging that attracts my attention. SENDER: My buddy said he got the pictures from his interpreter friend who goes out on patrols with him daily. The interpreter's brother works in a very small bank. He had to pay the brother three bottles of Old Spice cologne in order to get this picture to him. [Post 1 of 2] Frank26 SENDER: I guess they can't get it over there, pretty valuable. The brother said they have pallets of the smaller bills there in the vault but they haven't released them yet to anyone. I guess he could get in serious trouble if they found out he took this picture. FRANK: So I'm understanding this correctly, your friend who's a contractor, his interpreter has a friend at a bank and he took a picture and he smuggled them out and he gave them to your friend and your friend gave them to you? SENDER: Exactly. FRANK: It had three qualifications but the one that got me was the packaging. [Post 2 of 2] Clare Article: "Trump's envoy on his way to Iraq. A new message to Al-Sudani" Quote: "An American envoy is expected to arrive in Baghdad, carrying direct messages from Trump about the security of the region and Iraq's role in it."
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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 Mnt Goat Article: “GOVERNMENT ADVISOR: ASYCUDA SYSTEM IS A VITAL TOOL FOR DEVELOPING CUSTOMS WORK AND BOOSTING INTERNATIONAL TRADE”... “WOW..!" This is another article about these future non-oil revenues. The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, reviewed on Sunday, the importance of adopting the ASYCUDA system in customs administration, noting that it reduces delays at ports and boosts international trade...Remember again that this system needs a link to FOREX currency exchange to get the most current, UpToDate rate of currencies in order to calculate the fees. They cannot “fully” implement it without this tie in.
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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 Militia Man Article quote: "Iraq achieved a noteworthy diplomatic accomplishment last September when it was formally elected chair of the group 77...held in the United Nations Headquarters in New York. The G77 is the largest intergovernmental organization of developing countries in the United Nations which provides the means to promote their collective economic interest and enhance their joint negotiating capacity on all major international economic issues within the United Nations system." So Iraq is going to go from not even having an international accepted currency to do all this? Really? I don't think so. Walkingstick The monetary reform education is extremely fast. They are now all the way to the point where they are past the basket and talking to the Iraqi citizens about the future of digitization in their country. Digitization of their currency mainly will help at the onset because you cannot introduce too much currency at the start. Not a cashless society at the onset but given time Iraq will be. That is the goal.
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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 Frank26 We have security and stability in order to introduce the new exchange rate that Dr. Shabibi and the US Treasury have been protecting for a long time. There are no more CBI auctions. It is now called... remittance, just like the American banks do. The CBI is now functioning exactly like international banks, exactly like American banks... MarkZ Question: What is your gut feeling Mark? Mark: My gut is screaming sometime between now and Jan 22. Just a guess. Mark, you've been guessing wrong for years..! What makes you think you're even close with this one..? Pimpy Article: "CBI Tower and Grand Faw Port Ranked Among World's To Mega Projects for 2025" There are a couple of mega projects already taking place in Iraq somehow, someway with the currency exchange rate. Congrats to Iraq and their CBI tower and the Grand Faw Port ranked among the top meg projects in 2025. I know the tower is almost completed and the Port of Faw is partially open already. This is moving right along and they did it with a current exchange rate.
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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 Frank26 They told the Iraqi citizens we are in the process of adding a mechanism to add purchasing power to your currency. Sudani constantly kept talking about it in November and December last year - 'I promise I'm going to do it. I promise you'll have more purchasing power than the dollar.' He actually kept his promise because there is no dollars in the country of Iraq. The only currency in Iraq right now is the Iraqi dinar. It has more value than the American dollar that has zero value inside of Iraq, therefore the Iraqi dinar now seeks a door... Jeff In order for parliament to approve those [budget schedules] the rate needs to change first. The fact that they did the second reading on only article 12 of the budget, that's the same as having one tire on your car. It doesn't do Iraq any good. It's basically a pointless useless step. For the budget to work for Iraq, all of the budget amendments need to be approved... Militia Man If you're doubting your investment hang in there because what they're saying is truly something I've never seen in my 15 years of being here and the evidence is not from me and it's not from anybody else on the internet, it's directly from an economist and the central bank. I think it's huge guys. It's exciting times. The stage is set. Frank26 The monetary reform policy has been going through some steps. It has been evolving the policy and they've been using many mechanisms to assure this. Now they're sitting in a position. Sudani, the CBI and the US Treasury have been [very close]. The 8th floor of the CBI building, that whole floor, belongs to the US Treasury. You think they're going to be there because they're going to keep the exchange rate at 1310? Mnt Goat Article: “ECONOMIST: THE CENTRAL BANK’S POLICY IS MOVING TOWARDS GLOBALIZING IRAQI BANKS” Quote: “Safwan Qusay confirmed that the Central Bank’s policy is moving towards globalizing Iraqi banks, while stressing that it will contribute to raising the status of these banks globally” also “the process of ending dealings with the electronic platform will contribute to accepting local banks that have the ability to provide guarantees and international compliance conditions with international correspondent banks.” Yes, “providing guarantees and international compliance” is all insurance related. Investors in Iraq need to know that their funds in Iraqi banks will be protected. [Post 1 of 2] Mnt Goat Article quote: “He added that these correspondent banks can carry out the process of changing the Iraqi dinar to any global currency immediately, and for more than a million banks around the world.” What did it just tell us? A million banks around the world? What does this mean to us as investors? We know that...conditions to get back to FOREX that this insurance part is a pillar of the financial reform. Therefore, it is a reform that needed to take place and is now taking place. Also, I want to add that the statement of “changing the Iraqi dinar to any global currency immediately” is an amazing statement...Could this news get any better at this time? Can this be what is holding up the revaluation and the reinstatement? [Post 2 of 2]
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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 Ingram At the present time, January 2025 the Central Bank of Iraq has severe limitations on trading the IQD on the markets. We are not sure if the limitations are because of U.S. sanctions, the Islamic faith or both...One of the fundamental tenants of Islamic finance is the prohibition of gharar, or excessive uncertainty and maysir or gambling both of which are deemed detrimental to individual and societal well-being. The foreign exchange market presents a challenging ethical dilemma for Muslims. While forex trading is a legitimate global financial practice, its nature and mechanisms often raise questions...Gambling or maysir, is unequivocally prohibited in Islam. However, some scholars suggest forex trading can be permissible if conducted in a manner that avoids speculation, interest and excessive risk. Jeff Article Quote: 'Enhance integration into the national and global banking markets.' That's why this is waiting for the rate to change. You have to have an internationally convertible recognized currency first, then they can get into the global banking 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 Clare Article: "The House of Representatives completes the second reading of the draft amendment to the budget law" Quote: "The Council of Representatives concluded, in its session today, Monday, the second reading "Report and Discussion" of the draft law of the first amendment to the Federal General Budget Law of the Republic of Iraq for the fiscal years (2023 - 2024 - 2025) No. (13) of 2023." Frank26 Everything is moving extremely fast. When we reach this 1,000 to 1 you know how quickly they can lift those three zeros? [Snap] like that. Pushing a button and now you're one to one... float it. Start at 1 to 1 and see where it goes from there. Everything is moving so fast because de-dollarization. Fnu Lnu [Reply to Idiot Bruce's higher contract rate on dinar post on 1-12-2025 - I didn't post it] There is no "contract Rate" except for the people who have pre-2011 Private Purchase Contracts. If you do not have such a contract, you WILL NOT get a contract rate. Contract Rates are not paid by banks but rather by the contractor. This is Dinar Mythology and there exists NO PROOF of any such contract rate. If you want to go into the bank and sound like an idiot, then be my guest. Everyone will get exactly the same rate due to "The Law of One Price". This can be verified. You must ask yourself how you might get a "contract Rate" without a contract? However, the banks may well have varying rates on the exchange fee but that is generally around 2%. Militia Man In my view this reeks of a need to change the exchange rate for the Iraqi dinar or they would have already done it. If they're going to an international state, they should have already done it by now if it was going to stay the same exchange rate...Everybody that's been involved with the dinar should [ask], 'Well they've been at 1310 for a year or more, why haven't you done it yet?' That's because they're looking for an exchange rate change because that's what's going to happen.
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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 Frank26 It used to be they would steal the money through the auctions, but now there is no more auctions. The cash cow is dead and the security and stability is blossoming inside of Iraq because of the efforts of Sudani, the United States Treasury and Donald Trump. The black market was another powerful weapon they used to manipulate the exchange rate of the Iraqi currency...The black market rate is dropping. It is dying. The black market does not feed the evil people anymore. Clare Article: "Among them is the Iraqi Elina Habba.. Trump honors his supporters from the leaders of the Arab and Muslim community" Quote "US President-elect Donald Trump is scheduled to meet with leaders of the Arab and Muslim community in the United States and honor them, including the Iraqi Elina Habba, the lawyer who was known for being one of Trump's defenders and one of his most prominent supporters in the elections." Militia Man The 2023, 2024, 2025 budget amendment looks to be on the table. It was supposed to be read on Monday, it looks like it's slated for Sunday. So powerful weekend...It looks pretty promising it really does. Pimpy They continue with all the necessary reforms which is really great for Iraq. Let's hope they continue. What we're looking for is Trump to erase the last of these sanctions maybe in return for something that he needs from al-Sudani. Kaperoni Iraq is clearly working to diversify their economy away from oil Independence. They're also diligently focused on investment, rebuilding and integrating their banking system into the global economy. Good signs! Frank26 The monetary reform of the Iraqi dinar is now entering another step, another stage because the last one is just finished. We were hoping they were going to expose the new rate... Walkingstick [Iraqi bank friend Aki update] AKI: We are just sitting here waiting for the introduction of the new exchange rate that will come from the '25 budget. We wait for the budget laws that will expose the budget and its components and the new rate..
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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 Samson Article: "On the eve of Tehran visit, Al-Sudani packs a number of files in his bag, including a “new strategy” " Militia Man Change is coming. The new reinforcement mechanism is doing what it's designed for. It's not the dollar auctions anymore. They call it the reinforcement mechanism. What are they doing? They're increasing there foreign currency reserves. Pimpy They haven't passed a budget fully yet. We know it's in their hands. We know they're discussing it. I think they're really just waiting to find out what's going to happen to the oil market [with Trump coming into office] and which players [Iran, China, Russia, etc] move where and how that's going to affect Iraq. Jeff For them to approve the oil and gas law is absolutely waiting for the rate to change. Two very critical articles now saying they've magically reached an agreement on the Oil and Gas Law within the month of January. Again, the Oil and Gas Law has been pending and outstanding since 2005.
