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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 7-11-2025 Pimpy Article: "Trade clarifies after Trump tariffs: exemption on oil exports" A lot of people have questions. To be quite honest with you, they really aren't going to have very much affect on Iraq. It's a 30% but we don't do a whole lot of business with Iraq outside of gasoline and oil...But globally speaking it could put a lot of down pressure on the cost of oil per barrel which will absolutely affect Iraq. 7-11-2025 Fnu Lnu Article: "The Executive Board of the International Monetary Fund (IMF) issued a statement on Wednesday (9th July) following the conclusion of its Article IV consultation with Iraq. It projects an average exchange rate (dinar per US$) in each of 2025 and 2026 of 1300, the same as for 2024, adding: The CBI [Central Bank of Iraq] 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." 7-11-2025 Samson Article: "The Federal Court holds its session under its new presidency and dismisses three lawsuits." 7-11-2025 Frank26 Trump knows the pace of the Middle East. He knows it's slower than a snail with broken legs...My president very nicely, very calmly puts the pressure on Sudani and IMO if Sudani does not release the new exchange rate by the end of the month...watch, it [tariffs] should go up to 60%...This is the last thing Sudani wants...Trump...is kicking Sudani in the rear end to move it...America wants to get paid and Donald Trump says it's time to get paid. If not, Iraq will suffer greatly economically, let alone with the monetary reform. 7-11-2025 Mnt Goat Article: “WHERE ARE THE 2025 BUDGET SCHEDULES? PROJECTS ARE SUSPENDED, PLANS ARE POSTPONED, AND PARLIAMENT HOLDS THE GOVERNMENT ACCOUNTABLE” No, the RV rate in not in these budget tables as a reason to hold them up that they don’t want us to see until they are ready to RV... Again, any revaluation of the Iraqi dinar will be announced and we don’t need to go fishing through some budget tables to find it, if it could even be there. [Post 1 of 2] 7-11-2025 Mnt Goat The House of Representatives will hold its first session of the second legislative term for 2025 on Saturday. Let’s hope they finally take up the Oil and Gas Law again. We know they will take up the issue of the Budget Tables... we still see the CBI trucking again and making movement towards its final destination of the reinstatement of the dinar to a global status (FOREX). It is like these other issues, although are very important, feel like just distractions but we know they can also affect the monetary process and should be resolved for stability. [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 7-10-2025 Samson Article: "Trade: Iraq exempt from duties on direct oil exports to the US" Quote: "The Ministry of Trade confirmed on Wednesday that Iraqi exports to the United States will not be affected by the new 30% customs tariffs." 7-10-2025 Militia Man Article: "Trump flirts with Sudani with a message, then hits Iraq with 30% tariffs" This is a contradictory article... pressure is being applied from the United States. 7-10-2025 Pimpy With Trump appearing to remove the grasp Iran has on Iraq, this will give Iraq a lot of room to grow without any interference whatsoever, Iraq just moving forward, continuing with the projects they have. Everything is looking very well for Iraq. I'm happy for them. 7-10-2025 Mnt Goat Any move on the part of the Central Bank of Iraq to restrict the citizens in the use of the dollar and more use of the dinar is yet another move towards monetary sovereignty for Iraq... Now they have ditched the dollar, the parallel market is done and they are going back to sole use of the Iraqi dinar as their main currency within the country. This is exactly how it was before the 2003 invasions and the hyperinflation conversion to the three zero notes and the use of the currency auctions (sole use of the US dollar to pay for imports). Yes, these days are almost over. 7-10-2025 Jeff They already have tremendous security and stability which is the Central Banks's minimum requirements to be eligible to revalue their currency...Israel and Iran have recently finished their war...Now that the war is done and they've reached a ceasefire agreement on that war, we're no longer waiting on that step for the rate change. That's now behind us. 7-10-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Trump is imposing 30% traffics on us here in Iraq. FRANK: All you have to do is just raise the value of your currency you knuckleheads... Did you notice the tariffs he did put on you when he hit everybody else with tariffs was minuscule? But he's sending out a bunch of letters now and you're on that list. Why? Because you haven't raised the value of your currency...As soon as you're ready to come out and float and be part of the international world with some reality...and [Trump] will remove the 30%.
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Thursday Early Afternoon Opinions @ 2:55 PM MST - 7/10/2025
ronscarpa posted a topic in Dinar Rumors
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 MarkZ Article: “The KRG (Kurdistan) has notified the US that they will only allow Baghdad 48 hours to make a decision regarding the issue of funding the Kurdistan regions cival servant employees salaries” This is 48 hours from yesterday afternoon. This should force a conclusion for the oil and gas law, hopefully this week. We should get a decision within 48 hours. Lots of things appear to be aligning. 7-10-2025 Clare Article: "Documented: Trump in a letter to al-Sudani: Iraq faces two choices" Quote: "The United States of America announced the imposition of a 30% tariff on all Iraqi products imported into the United States, effective August 1, 2025...The letter hinted at the possibility of adjusting these tariffs, upwards or downwards, based on the relationship between the two countries, and if Iraq decides to "open its previously closed trade markets to the United States, and eliminate its tariffs and non-tariff policies and trade barriers." 7-10-2025 Samson Article: "Trump flirts with Sudan with a message... then hits Iraq with 30% tariffs!" -
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 Jeff They've got to change the rate before the new budget amendments can get approved and implemented...they're preparing the budget to come forward, potentially at the start of August... It's very simple... We'll see on that. We don't know that for a fact. That's opinion. But a lot of this has to do with accounting periods and the timing of the rate change. 7-9-2025 Frank26 Article "Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers." This is an insult. How dare you tell me Iraq is going to become the financial hub in the Middle East at 1310...Be...wise enough, astute enough...confident enough to know none of this is at 1310...You're smart enough, wise enough, savvy enough, you know what these articles are doing. They're telling you everything (Asraflak) about monetary reform without giving you a new exchange rate because if they give you a new exchange rate then they got to also give you the lower notes. Those 2 are as top secret as you can get. 7-9-2025 Samson Article: "30 Iraqi banks no longer deal in dollars" Quote: "3A news outlet obtained an updated list of licensed private banks in Iraq that have been banned from dealing in dollars." 7-9-2025 Militia Man Just for a sidebar, we remember ... there were videos out that showed Iraq was destroying perfectly good money. Many people saw this. I can't find it but the data that's out on the internet doesn't deny that it existed but you can't find the video. Maybe there's a good reason for that. 7-9-2025 Sandy Ingram One of the biggest concerns about Iraq's currency regarding a revaluation is the country has overprinted the money. Iraq's efforts to reduce the circulation of the IQD is excellent news. 7-9-2025 Frank26 The United States of America was never going to let Iraq have a powerful exchange rate for [the Iraqi] country while you had Iranian politicians in your country telling [Iraq] what to do. Things are different now...
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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 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.
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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 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]
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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 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.
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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 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
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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 7-2-2025 MarkZ Article: “A new development in the payroll file” Today Kurdistan dues are awaiting federal government vote. This could be a huge move in settling the HCL, oil and gas law etc…which we keep hearing is a final step before values change. 7-2-2025 Mnt Goat Iraq keeps moving forward with their economy as in the Article titled: “IRON ORE EXTRACTION, SULFUR AND DRY GAS INVESTMENT…THE GOVERNMENT IS DISCUSSING TWO REQUESTS AND A CHINESE OFFER” The meeting was attended by representatives of several foreign companies...So, Iraq is just not talking about exploiting their mineral resources they are doing something about it to bring it to market. This is part of the economy moving away from the rentier economy. As investors we must stay focused. We can look at the Iranian / Israel conflict as holding things up, but for Iraq they keep trucking on and on. Al-Sudani stays focused on the objectives. Why? He knows that the SECRET to success is these industrial cities. He must get his country off the “rentier” 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 7-1-2025 Pimpy Article quote: "To find middle ground the US is pushing for the Iraqi government to send KRG salaries immediately...since the KRG is a key component in the US strategy to reshape Iraq, Washington doesn't want the region destabilized." That's the thing about these people over in Iraq, not getting paid for months at a time. Unbelievable. 7-1-2025 MarkZ Comment: So is it true the Dinar is on Forex and Bloomberg at this point? Yes still at 1310 but being up and live for the first time in 22 years would be an incredible preemptive step towards the RI and REER! Mark: I know there are lots of rumors out, and yes we have seen some crazy rates popping again overnight last night. A systems test of some sort? 6-1-2025 Samson Article: "Baghdad agrees to pay salaries to Kurdistan Region employees under temporary understandings" 7-1-2025 Sandy Ingram In June the World bank approved a $930 million loan for the Iraq railways extension and modernization project connecting Umm Qasr in the South and Mosul in the north. This investment will boost domestic trade, create jobs and reduce reliance on oil exports which is necessary for a revalue of the IQD. [Reposted]
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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 7-1-2025 Clare Article: "The new Chief Justice of the Federal Court assumes his duties and thanks members for withdrawing their retirement requests." 7-1-2025 Frank26 The pin has been pulled IMO on the Iraqi dinar...Trump...is using the "idea" to play fair with currencies around the world. He's convinced many counties to talk to him about that subject. Things are moving pretty fast IMO. 7-1-2025 Militia Man There is a new [Iraqi] Federal Supreme Court President appointed today. Salaries are part of the '23/'24 tripartite budget, they haven't been paid yet. We also know the oil hasn't flowed yet. But all these things are at the table at the same time just like the Supreme Court President, all today, same time, fascinating. 7-1-2025 MarkZ I know 2 people (...one personally) who have Super Petchelli bonds - that have appointments later on today... Another with historic assets has traveled and is in place for the transaction. To walk in…trade assets and walk out with dollars. We are seeing real measurable movement. Questions: With all the sudden bond movement, what do you think that gives us a timeline for...us...Is this the week we have been waiting for? Mark: I hope so…seems like some odd things are coming together. The government and banks in Iraq will be closing on both Tuesday and Sunday this week. Banks say they are taking a “bankwide inventory”. This was announced unexpectedly. My people on the ground in Iraq are excited. This is a golden opportunity for a rate change in my book....IMHO..! 7-1-2025 Pimpy Article: "As the Israel-Iran War concludes, the U.S. Moves to Reset Iraq's Political Order" That guys that was in their Supreme Court that's causing all kinds of problems, he was finding cases in favor of Iranian-backed situations, causing a lot of tension in the Middle East, that person has been removed. One of the things I spoke about over the years is Iraq can never get their crap together because of the Iranian influence. If you can remove that influence, I really believe Iraq could flourish.
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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 6-30-2025 Sandy Ingram This is what is important. To obtain IMF Article VIII status a country must demonstrate that it maintains a freely usable and convertible currency and allows current account transactions to flow without restrictions. This means the country cannot impose controls or delays on international payments...The central bank must also avoid multiple exchange rates or practices...Instead it must commit to transparent market-based exchange rate policies and permit fair access to foreign exchange. 6-30-2025 Samson Article: "Preliminary agreement to launch trucking between Turkey, Iraq, Kuwait, Germany and Jordan" 6-30-2025 Frank26 The parallel market and the official exchange rate is rapidly closing...Once it reaches 1 to 1 with the pairing of the American dollar internationally it will be in position to float in an international basket with other currencies. 6-30-2025 MarkZ Question: Is today our day? Mark: that’s a heck of a question. I will tell you what I am hearing. I did get a bond update this morning which is unusual for a Monday morning. There are some folks with some “historical assets” that are very set with appointments and timing...buckle up folks. When it goes…we will also go pretty soon…I am upbeat but trying to stay calm. 6-30-2025 Walkingstick Trump shut down Iran with one single shot. That gave security and stability. That's why it's moving so fast. Security and stability is alive in the Middle East. The fear that Iran would spill into Iraq is gone. Trump didn't give Iran a chance to hit Iraq. 6-30-2025 Militia Man They've been able to contain inflation at 1310. Are they going to be capable with the same tools to do the same thing if they delete the zeros? The answer to me is yes...The largest financial institutions in the world would not be giving this much attention to Iraq for a risky situation. 6-30-2025 TNT Tony [twitter] ...Live Rate on Forex, Bloomberg...the rate is 1310, live rate, going to go up tonight. Tomorrow it will be $3.47. Tomorrow you should start getting paid. 6-30-2025 Clare Article: "Ala Talabani: The region's salary crisis is 'political and financial', and an agreement with Baghdad is imminent." 6-30-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is reminding us Iraqi citizens that starting July 1st all government agencies will not accept any cash payments...The government will not be dealing in any form of cash. We're going digital. FRANK: July 1st is interning. The CBI already does not allow you to use American dollars anymore. Now they're not even going to allow you to use your 3-zero notes. They want you to go digital...You can't use physical cash? If that's true then that means the security and stability of your lower notes has been established...1310 electronically makes no sense to me... 6-30-2025 Mnt Goat Article: “IRAQ IS DEVELOPING PLANS TO DEVELOP ITS TRADE POLICY LOCALLY AND GLOBALLY.” Quote: "The Ministry of Trade announced plans on Saturday to develop infrastructure by digitizing services to accelerate trade and reduce costs. While indicating that the next phase requires political will and economic stability to prepare Iraq for an effective partnership in the global economy, the Ministry emphasized the need to strike a balance between protecting the national economy and global openness, as well as preparing for accession to the World Trade Organization." 6-30-2025 MarkZ Article: “Departments to stop taking cash in two days. Fifteen million Iraqis are without an electronic card” the government of Iraq is going cashless. From now on folks will not be able to use cash to pay for government services. In the past there was too much cash disappearing from greedy government officials. This has made a massive difference in their revenue. This is part of the white paper reforms they wanted to get under control before they raised the value of their currency.
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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 6-25-2025 Militia Man Article: "Parliament finance committee calls on the government to submit budget tables" I know the budget has been tiresome. Everybody is yawning. It's like, 'Oh, my God here we go again.' 6-25-2025 Kaperoni There is no significant RV of the Iraqi dinar. A currency value can definitely go up, but its value is the result of an increase in economic success and GDP. Iraq has been working over the last several years to reintegrate its banking system in the global financial system. Such steps will encourage investment, rebuilding of infrastructure, diversifying revenue away from oil. This is how an economy prospers. 6-25-2025 Clare Twitter/X post "Mazen Al-Ashqar - Urgent: I have received President Trump's peace terms for Iran, the most important of which for Iraq is #7: Iran must respect the sovereignty of the Iraqi government and allow the disarmament, demobilization, and reintegration of Shiite militias." 6-25-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Iran says they have no intentions of closing the Straits of Hormuz. 6-25-2025 Samson Article: "Iraq welcomes the ceasefire, stressing that it is a step towards enhancing stability in the region." 6-25-2025 Fnu Lnu I've told you all that there will be no RV for the remainder of the year...For some...war equals peace, left equals right, and right equals wrong. Go figure? 6-25-2025 Militia Man A lot of turmoil and it's been going on for...a couple years...The Middle East is very volatile...but...even during the turmoil you're seeing Iraq has been stable and staying out of the conflict which is really good...Even though this tension has been going for weeks Iraq has still maintained that she's opening for business...stable... has all the components for her economy to keep moving forward. That still holds true today. 6-25-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have bases here right now inside of Iraq. We took cover. We are being hit hard tonight from Iranian militants. We heard they blew up a big radar installation and drones are hitting bases here. All hell has broke out inside Iraq. FRANK: Don't worry about it. Take cover for now. Protect your family. FIREFLY: We see in our skies here, bases are blown up. We can see it from the distance...Skies are full of fire here in the northern Iraq where those bases were. FRANK: It was no big deal. They didn't do much of any damage. FIREFLY: Television is saying some of the rockets missed their mark...It was the Iranian backed militants here that did it with Iran's help.
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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 6-24-2025 Clare Article: "Prime Minister's Advisor: The country's financial situation is secure" Quote: "The Prime Minister's Financial Advisor, Dr. Mazhar Mohammed Salih, stated that Iraq's financial situation remains within safe limits, despite regional tensions...the country possesses clear financial tools and hedges in the three-year general budget law that enable it to absorb potential shocks" 6-24-2025 Militia Man A real effective exchange rate for Iraq is not 1310. The data supports it...It supports something significantly different. Fact. That's my impression that I believe to be fact. 6-24-2025 Samson Article: "Goldman Sachs: Closing the Strait of Hormuz could push the price of a barrel of oil to $110." 6-24-2025 Frank26 'Oh, no the bad guys said it's going to be devastating what Trump did.' No. It's going to give us a new exchange rate for the Iraqi dinar because security and stability is now in the region because that which did not allow the new exchange rate to come out doesn't exist anymore. 6-24-2025 Sandy Ingram Recent global currency reports are including the dinar...For the last 5 years this has not been the case...The international currency reports have their fingers on the pulse of investors....The IQD has the attention of global investors...As Iraq strengthens its financial infrastructure...analysts are beginning to watch the dinar more closely... While it's not yet traded on Forex markets, the dinar is showing up more often in investor analysis and regional financial reports. This inclusion signals growing recognition of Iraq's economic potential...The dinar are no longer being dismissed...Instead they are being added to the 'watch list'...The Iraqi dinar has moved from the sidelines to a speculative corner of global currency analysis.
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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 6-24-2025 Clare Article: “Qi and K2 Integrity to Elevate Iraq's Financial Standards" Quote: "Qi (International Smart Card), Iraq's largest electronic payment platform, has announced that it has entered into a landmark partnership with K2 Integrity (K2i), a US-based global financial integrity and compliance advisory firm. The multi-year collaboration aims to align Iraq's financial infrastructure with international standards...This initiative marks a pivotal milestone in Iraq's compliance evolution, strengthening national capabilities and building a foundation for secure, scalable financial growth; it positions Iraq to regain credibility with international partners, attract investment, and enable more secure, scalable cross-border transactions, particularly vital for trade, remittances, and financial inclusion." 6-24-2025 Militia Man They're going to go international and they're going to integrate into the international financial system. That's what's going to jump-start this whole thing...Is Iraq ready? Iraq is ready. We're waiting for the integration. 6-24-2025 Samson Article: "Transportation: Navigation in oil and commercial ports continues and has not been affected by regional tensions." 6-24-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us today the pipeline salaries, HCL, is in the budget tables and the Kurds, everything is all tied together along with our budget table and article 12-2C. They told us the final decision is in the hands of the Supreme Justice. That tells us it's about a rate related to be all tied together. FRANK: IMO there was a reason why the rate was protected in the Gazette for so long. It was the best place to protect it from...Iran. 6-24-2025 Mnt Goat Article: “IRAQI FINANCE FIGURES SHOW A “SOFT RENTIER” ECONOMY. ARE THERE ALTERNATIVES?“ Remember that even though the Iraqi economy is still about 92% oil driven revenues, these are revenues and oil is a large part of their assets...Sadly, if the Iraqi dinar is not in a manipulated rate, I don’t know what is! Do you really believe that with about 100 billion in reserves and the ability to maintain these reserves is not wealth? Not to mention Iraq has hardly any debt... So where is a dinar rate to at least reflect what they do have?
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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 6-20-2025 Samson Article: "Government adviser: Iraq is witnessing the highest cash reserve in its history and economy entering the phase of prosperity" 6-20-2025 Guru Fnu Lnu [Reply to Bruce 6-19-2025] There is no such thing as a USN, this is a fact. XRP is a utility coin that was conceived by the Ripple Corporation. It is merely a bridge currency and the assertion that it backs a mythical USN is laughable. XRP doesn't back anything and never will. Nobody is being paid anything by anybody. This is classical Dinar Woo-Woo. 6-20-2025 Sandy Ingram I'm just as surprised as anyone to find the topic of an Iraqi dinar revaluation in the Iraqi mainstream news. But when I woke up this morning and slowly went online there it was. Article: "Iraqi Dinar Q&A: Revaluation (RV) and Israeli Airstrikes on Iran"
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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 6-20-2025 Frank26 Banks...are not saying it's a scam anymore. Every now and then they say it's a scam but the majority, I would say into the 70% range [are not]. 6-20-2025 Samson Article: "Defense: Iraq could be the key to resolving the US-Iran crisis" 6-20-2025 Fnu Lnu Amwaj News reports that Iraq is not at peace which means the media illusion of security is just window dressing. The airspace closure means the nation is not safe. Safety and security are just pretty words to say. The RV is still waiting for better days. 6-20-2025 Sandy Ingram Without sweeping change within Iraq, political stability, fiscal reform, IMF alignment the dinar remains deeply undervalued and speculative...Oil shifts and internal reforms are the real variables that might move the dinar, not this week's explosions. 6-20-2025 Clare Article: “Government advisor: Foreign exchange reserves are the highest in Iraq's history." Quote: "Salih, confirmed on Thursday that Iraq is witnessing economic stability and developmental prosperity, with low inflation and unemployment and high growth. He also noted that foreign exchange reserves are the highest in Iraq's history." 6-20-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says we have the largest amount of foreign currency reserves and we are about to enter an economic boom. FRANK: IMO the currency reserves are set. They are primed for at least $3.00 rate IMO in order to float internationally, not so much at 1 to 1 anymore. That's the only way they have the audacity/right to say Iraq is about to enter an economic boom because even 1 to 1 is not enough for that economic boom but it sure is a good start. 6-20-2025 Militia Man I haven't been in the Iraqi dinar for 22 years but I have been around for a long time. I've seen the progress and that's what keeps me focused. It's a complex situation. It's been a long process. It's been tiresome. Things have changed. Look at the new digital transformation that have taken place...the new technology...the new Swift system...ISO 2022. We didn't have all that. They didn't have the transparency...anti-corruption...anti-money laundering laws...currency manipulation laws. They didn't have any of that but now they do. Now you're starting to see all of these things are really truly coming together and it's beautiful to see 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 6-19-2025 Samson Article: "Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq." 6-19-2025 Militia Man Everything looks good. I like the fact that the mood is tempered. There's been a real positive outcome. The last few days have been kind of tough, a lot of anxiety. The data show they are moving forward and it still looks positive. 6-19-2025 Sandy Ingram You're receiving almost daily reports on the Israeli/Iran conflict because Iraq is right in the middle. What concerns Iraq concerns us as IQD investors and according to the news there is a lot to be concerned about...Please note the IQD is holding strong and is slightly higher than usual...The government has begun educating the public on nuclear safety procedures, shelter protocols and the importance of iodine tablets should radiation exposure become a threat. This dramatic step shows us just how close the Middle East may be to a devastating turning point... Iraq is taking no chances. 6-19-2025 Frank26 Saleh continues to drive the point home to you Iraqi citizens that the black market that needed to be destroyed in order for the official exchange rate of the CBI to take dominance in your country and remove Iran's profiteering in the black market is approaching. It is so close you can feel the warmth of it next to you. 6-19-2025 MarkZ Article: “Kuwait on long bumpy journey toward stability. The economy was stopped cold by the Iraqi invasion and is starting a gradual recovery- but, the tiny country may never be the same” This article was from 1991…they talk about how long it will be before they raise the value of their currency…then BOOM…we have a massive increase in the Kuwaiti dinar. There are similarities to what we are going through in Iraq right now.
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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 6-19-2025 Frank26 Article: "Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers" A currency hub at 1310? ...in other words...all this word salad is, 'We're rich! We're off the hook! We can do whatever we want with our exchange rate and we're about to introduce it!' 6-19-2025 Militia Man Article quote: "Electronic payments to commence by July 1, 2025." That's a pretty powerful situation because that's coming up in a few days. 6-19-2025 Sandy Ingram Iraq is warning oil could go up to a jaw-dropping $300 per barrel because of the Iran-Israel blood storm. I want to be positive but you can tell by the number of microphone in front of the foreign minister [~30 stacked high] this is serious...Iraq is in a state of deep concern. When Iraq is upset so are investors. 6-19-2025 Fnu Lnu Article: "Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein has cautioned...closure of the Strait of Hormuz...warned that this could drive oil prices to $200-300 per barrel, exacerbating the global inflation crisis and negatively impacting both producing and importing countries, including Iraq." We are now seeing the impact of the war between Israel and Iran. Higher oil prices are a windfall for Iraq but will cost the USA at the pump. I doubt Trump will put up with one minute of this nonsense. 6-19-2025 Frank26 What does Iraq hold right now in their reserves ...which is mainly oil? Let's put it at $16-$17 trillion worth of assets to back up their currency...If you got $17 trillion to support your currency and you've got it at 1310, don't you think President Trump is pissed about this? ...Iraq is currency manipulating the American dollar and Trump is out to stop countries from doing this. I'm telling you IMO Iraq is the #1 country right now. There's at least 5 of them...I believe very strongly Trump is dealing with. 6-19-2025 MarkZ Comment: I heard Trump is holding the RV up. Mark: Trump is not the key person who gets to release the RV. I have identified a key person in the US Treasury that feeds misinformation or bad information. And that Trump is holding up the RV is a horrendous piece of misinformation being shared right now. I believe its being done on purpose to divide this community. I am 100% confident Trump is not the delay...I have a great contact in the Chinese families that are putting up the gold. They are very uncomfortable releasing the RV while the current Iranian administration is there - for the gold treaty. That is what I was told. 6-19-2025 Clare Article: "Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq." Quote: "The General Authority of Customs announced, on Tuesday, the transit of an international shipment from the UAE to Poland, passing through Iraqi territory, within the framework of the TIR Agreement."
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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 6-18-2025 Sandy Ingram Iraq manages its exchange rate through a currency auction system. Every weekday the Central Bank of Iraq hold auctions where it sells US dollars, which come from Iraq's oil revenues, to licensed banks and money exchangers. This is how it regulates the IQD to US dollar exchange rate and how importers access foreign currency...The Iraqi dinar doesn't have options, futures contracts or other financial products traded on global forex exchanges like the Chicago Mercantile Exchange. This makes it inaccessible to institutional investors who might be looking for hedging or large scale speculation. 6-18-2025 Militia Man When it comes to the education, they're doing what they should be doing. Reminding the citizens that if you're not on the cards you're going to have a problem. 6-18-2025 Clare Article: "Al-Nusairi: The Central Bank's policies and procedures have contributed to narrowing the gap between the parallel and official exchange rates." Quote: "Economic and banking advisor Samir Al-Nusairi expects the US dollar exchange rate to gradually decline to approach the official exchange rate, in line with the Central Bank's strategy and ongoing measures for comprehensive banking reform" 6-18-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us on the Asraflak website that the future for Iraq is digital. They say if we help them accomplish the digitalization of our country, bring in our three zeros, that would allow security and stability for our monetary reform. FRANK: They're not pulling any punches. Digitalization is now? I don't know. It's troubling to a degree and it's exciting to another degree. 6-18-2025 Fnu Lnu In my IMF and GOI newsletters, I see no talk of any monetary news except liquidity shortages and banks allowed to exchange Dinar for Dollars. 6-18-2025 Kaperoni Article: "Iraq is among the top 10 countries in the world in terms of natural resources." I pointed this out several years ago. This is why Iraq could never significantly RV their currency overnight. Such an event would bankrupt them since their entire net worth of natural resources is only $16 trillion dollars. This is why the only way the dinar can go up in value is gradually over time so that they can reduce the money supply (remove zeros) from trillions to billions. 6-18-2025 Sandy Ingram Any perception that Iraq is siding with one party over the other could draw the country into the geopolitical crossfire. In short the Israel-Iran conflict could lead to oil price surges that temporarily boost Iraq's revenues but it may also increase regional insecurity, hesitation in investment and operational risks in Iraq's vital oil sector. 6-18-2025 Militia Man Article quote: "...representatives called...to ban cash payments within the government institutions...This means 80% of paper money will be transferred to cards...These steps should be implemented increasingly to move cash out of homes and pockets and into banks." They're trying to and have been for quite a long time reducing the cash in circulation which is a good thing.
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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 6-17-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is on TV news saying Iraq is qualified to be the regional financial center. FRANK: If you stop and think about it, Iran caused all the problems, is now gone...Congratulations you qualify as the region's financial center. At 1310? Really? The whole region huh? When you look at other counties that are $3+ and you're the financial hub at 1310? 6-17-2025 Sandy Ingram The US has strengthened its travel warning to include Israel, Iran, Iraq and Jordan. My trip to Turkey to explore the IQD currency exchange possibilities is on standby until we can assess the situation further. 6-17-2025 Militia Man Article: "Washington: Iraq is one of the best democracies in the region" The United States is telling Iraq it's one of the best democracies in the region. That's a pretty big kudos. 6-17-2025 Samson Article: "Washington: Iraq is one of the best democracies in the region." 6-17-2025 Kaperoni Article: "The Iraqi Stock Exchange signs a memorandum of understanding with the Abu Dhabi Securities Exchange to join the 'Tabadul' platform." 6-17-2025 Walkingstick The problem used to be Iran. We got security and stability. The 8th floor [the US Treasury's permanent office in the CBI building] is really controlling them. The problem now is the dinar mattresses. 6-17-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying Iraq is one of the 10 strongest countries in the world for natural resources. FRANK: It's not just oil...You are not only going to be #1 central financial hub but you will also be the center for the rest of the world. 6-17-2025 Sandy Ingram Question: "What will happen to Iraq's economy because of the Israeli-Iran war?" If tensions escalate into direct military confrontation the entire Middle East could see disruptions in oil production and exports. Iran might attempt to close or threaten the Strait of Hormuz...which about 1/5 of the worlds oil passes. Such a move would instantly raise global oil prices. For Iraq this volatility can be both a blessing and a curse. Higher oil prices would mean increased revenue for the Iraqi government... However prolonged regional instability could threaten Iraq's own oil infrastructure, delay foreign investment and raise security risks for international companies operating in the country. 6-17-2025 Fnu Lnu Iraq is just getting started in their efforts for economic revitalization. They haven't even finished modernizing the banking system... The Digital Dinar for cross-border payments has not been completed. The training is not going well...The facts are that Iraq has a way to go yet before any RV/RI can happen. I read copious reports and white papers as well as get newsletters from many of the agencies/ministries and there is not one scintilla of writing on a revaluation or change in currency. It is not even in the consideration phase.
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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 6-16-2025 Frank26 It's security and stability and that's what the monetary reform of Iraq needed desperately and that's what was born yesterday and taking its first baby steps...Give it time to do what it has to do, bring forth the new exchange rate and lower notes. That's what security and stability is for Iraq...and in doing so...the whole domino effect will occur. Security and stability that's what we needed. 6-16-2025 Sandy Ingram Imagine this, you're a Princeton graduate student on a research trip in Iraq, then suddenly you're kidnapped. That's exactly what happened to Elizabeth Tsurkov who was taken last year while working in Baghdad. She's been held by a Shiite militia group ever since...Word on the street is Elizabeth could be freed soon...The US currently has Iraq on its highest travel warning level 4, do not travel...If she's released safely, it signals to the world and especially the US that Iraq is making an effort to resolve dangerous situations. It's not a guarantee but...lifting the travel ban would open doors for tourism, investment and academic exchange...While freeing 1 person won't automatically erase years of warnings...sometimes small steps are all it takes to start big change. Here's hoping Elizabeth comes home soon and Iraq move closer to opening its doors once again. 6-16-2025 Clare Article: "Iraq maintains its global ranking in natural resources" Quote: "The report indicated that Iraq ranked ninth among the world's countries in terms of the availability of natural resources, estimated at $16 trillion, which include oil and phosphate rocks." 6-16-2025 Walkingstick The ESX and the ISX when they go live they're going to be with the new exchange rate. I believe they're jumping the gun and getting involved because it's no secret...You're talking about a whole stock exchange that wants to join the Iraqi stock exchange...It shows that Abu Dhabi knows about the monetary reform of the Iraqi dinar because everyone IMO knows a new exchange rate for the Iraqi dinar is coming. There is no more BS...lies...guessing...exaggerations ...questions. It is the truth of the monetary reform that is reflected in this relationship that we're seeing with the stock markets. It is a powerful indicator IMO of a new exchange rate. 6-16-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says the Iraqi stock exchange is adding a lot of new firms to their list to draw more international attention. FRANK: The Iraqi Stock Exchange along with the Erbil Stock Exchange and ISX and the ESX IMO are doing the very same thing that Forex did with the Iraqi dinar a few weeks ago. Put it in position...It's exciting to see all these advancements during the Asraflak period. 6-16-2025 MarkZ I’m not discouraged… I think we see the end. Wish we knew how quickly Iran will wrap up. I have a number of sources who think Iran will cave and we will have resolution within the week. Then I think it is all a “GO”...It has been an exhilarating ride…but we are ready for it to be over. 6-16-2025 Samson Article: "Iraqi Interior Ministry: 660 people arrested for manipulating food prices and the exchange rate." 6-16-2025 Fnu Lnu With elections quickly approaching, the reelection of Al Sudani is not at all certain which means the revaluation is not at all certain. Watch what they are doing, not what they are saying. 6-16-2025 Sandy Ingram Iraq is on the Forex market in principle but not in practice. For most global traders if Iraq continues its reforms, closes the black market gap and gains IMF Article VIII status it could become more accessible but that will take several years if not sooner. 6-16-2025 MarkZ Article: “Iraq advances legal framework for development road project” This is also part of the white paper reforms to lift the purchasing power of the dinar. 6-16-2025 Frank26 If it was a war I'd worry but this is security and stability so that the citizens of Iraq will not fail the monetary reform. 6-16-2025 Mnt Goat The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. ...I keep telling you the value is already in the dinar...if you go back to 1990 it was over $3 and...look at all the progress since. But the standards for currency valuations have changed. Basel I-IV changed all of it. Why isn’t it at least at $3 now? ...this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past! They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from. Yes, there will be many groupings of currencies to create new pegs. These currencies will support each other. These will be major trading partners.
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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 6-14-2025 Militia Man They know the Oil and Gas Law needs to be resolved. What is it? Change your exchange rate, give the valuation, cost of extraction of oil and get it done. Are they waiting for that exchange rate to happen, that interconnectivity with all the other regional countries and everybody at the same time? I would suspect yes. 6-14-2025 Samson Article: "Inflation in Iraq: Noticeable stability and slight decline in April" 6-14-2025 Breitling The United States or the West doesn't have the mechanism to say whether you can revalue or devalue or anything, the local currency. 6-14-2025 Fnu Lnu The velocity of projects has picked up with hundreds of projects moving forward at a 1300 dinar to dollar ration (REER) and the world is lining up to get a piece of the pie. 6-14-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television talking about how low inflation we have and it's due to policies put in place by the CBI. FRANK: Another screaming factor of a new exchange rate. You can't have a low inflationary rate at a punished sanctioned rate. Everybody knows that. 6-14-2025 Pimpy Want to know how you redeem your money once the exchange rate changes and you're ready to cash in your money? Just go to your bank and exchange your foreign currency for regular US dollars. That's all you have to do. There's no fancy 800#s, no special centers, nothing like that. 6-14-2025 Militia Man We're invested in the Iraqi dinar. We have a relationship with that country in the sense of investment...These guys have been where they were based off oil in the past. They were at a significant era exchange rate. Today they're at 1310...a triple zero stock ~ .000769. Keep in mind when that project delete the zeros changes the value of the exchange rate they redenominate and they add a real effective exchange rate. That's what I'm looking for. 6-14-2025 Samson Article: "US confirms to Al-Sudani that Iraq will not be dragged into 'regional escalation' " 6-14-2025 Mnt Goat Article: "IRAQ TO BECOME “A MASSIVE SUCCESS STORY” Quote: "We’ve been through the worst of it, and we finally see that Iraq is becoming really stable 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 6-13-2025 Frank26 The money they have to back up their currency is astronomical. That fact alone allows me to sleep at night with comfort because I know this is happening. I know it's coming.. 6-13-2025 Fnu Lnu Article: "The Iraqi private sector confronts significant obstacles that must be addressed to unlock the country's economic potential, according to Professor Frank Gunter of Lehigh University, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London recently." This clarifies my analysis that Iraq is simply not ready for monetary policy changes or economic revamping. There will not be an RV any time soon but it will happen. All the Annual Financial Reports I have read (84 pages) say exactly what professor Frank Gunter says in his address to the IBBC crowd. 6-13-2025 Clare Article: "Government advisor: The Iraqi dinar is stable, but the parallel market is witnessing a significant decline in the value of the dollar." Quote: "Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed and stable rate." 6-13-2025 Militia Man We have a lot of geopolitical information coming out. The news is really back and forth. I like to focus on the progress...Sudani, Sami, Alaq have addressed long-standing structural issues and challenges. They've reduced oil dependency and they've created financial stability and they fostered sustainable growth...They've been focused on... economic diversification...non-oil revenue streams. 6-13-2025 Walkingstick Iraqi banks are mirroring our banks in the United States. IMO these International standards are not for 1310. They're not. It makes no sense. That's why 1310 has become silent. It doesn't make sense internationally. It doesn't make sense logically. There has to be a 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 6-11-2025 Pimpy Name a country that has revalued their currency in which they keep all the zeros on there, never ever ever in the history of revaluing a currency...The Iraqi dinar from .00076 and increase it all the way to $3.22, you know what the increase is? 4,000% increase in value. Have you ever heard of any currency that has increased that much? Never. 6-11-2025 Sandy Ingram Compared to Iran, Iraq is a wealthy country with over $100 billion in foreign reserves. However, if the US doesn't see the implementation of global standards in the banking sector and the exclusion of banks allowing US dollars to flow into Iran, the US could further tighten the flow of US dollars from Iraq's Federal Reserve account. This would affect Iraq's ability to function and cause deep fluctuations in the IQD exchange rate. 6-11-2025 Clare Article: "The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves." Quote: "The bank stated in official statistics, reviewed by Shafaq News Agency, that "the Central Bank's foreign reserves as of May 22 of this year amounted to $98.83 billion, equivalent to 128.479 trillion Iraqi dinars, an increase from May 1, when reserves amounted to $97.943 billion, or the equivalent of 127.326 trillion dinars." 6-11-2025 Walkingstick Remember, the value of their currency is items [assets] tapped and items untapped. Therefore, it is far more than what they are registering...All resources in Iraq as whole whether they are mined or unmanned, tapped or untapped, oil and gas resources, all of this counts towards their reserves and towards the value of their currency. 6-11-2025 Frank26 The CBI, through Asraflak, is teaching you the American dollar is going away and shrinking and the Iraqi dinar is gaining fast. Soon when it's in position they wanted it to be I believe they will show you the exchange rate. They're telling you this shrinking is getting to the point of 1 to 1 with the American dollar IMO. This is a good position for the dinar to go internationally...maybe about $1.25 IMO. Regardless the security and stability that was required by removing Iranian influence is among us. We are witnessing security in your country inside and out like it's never been...We are witnessing history not just with the Iraqi dinar exchange rate but with other currencies as well all because of Donald Trump. He is literally changing the financial structure on this planet right before our eyes. 6-11-2025 MarkZ So we have the Economic investment forum happening the same times as the 4th meeting with the WTO. Article: "Preparation for the 4th meeting of the ascension to the world Trade organization” this is a negotiation meeting. Iraq has met all their obligations. They are also expected to have an international rate with no sanctions or restrictions on the dinar. This is huge. 6-11-2025 Pimpy Community Comment: " 'In country' and 'out of Iraq' are two different scenarios." What do you mean two different scenarios? No two different scenarios. Once you change the exchange rate it goes worldwide. There's not two different scenarios period.