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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-16-2025 Clare Article: "Iraq expresses its readiness to contribute to the success of the ongoing negotiations between Iran and the United States." 5-16-2025 Sandy Ingram Looking again, the potential for the Vietnamese dong to appreciate against the United States dollar will largely depend on global monetary policies and Vietnam's ability to maintain macroeconomic stability. If the Federal Reserve implements interest rate cuts and global demand for Vietnamese exports strengthens, the dong may experience upward pressure. On the other hand the continued strength of the United States dollar and ongoing trade challenges could limit the dong's appreciation in the near term. 5-16-2025 Fnu Lnu [Response to Maxis 5-15-2025 post] Article "The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, announced the restart of 503 investment projects across the country, as part of a national plan to stimulate the economy." Iraq doesn't need to revalue its currency at this time because they are engaged in the resumption of 500 projects with 855 total on the agenda. 5-16-2025 Militia Man The United States is talking about currency manipulation...When Iraq has a real effective exchange rate, all those trading partners that have...the dinar, are probably going to get an adjustment...If all boats rise with the tide and all those currencies have more value to the United States dollar because they're adjusted accordingly based on their natural resources, which all those countries have a lot of natural resources, and if they all hold foreign currencies of each other's currencies, the valuations are going to go up...They're going to be able to buy more dollars...with less of theirs. It's actually a brilliant way of doing things. That's why everybody is flocking in [to Iraq]. Because it's like a lottery for them to some degree. 5-16-2025 Frank26 [my] I-Team...have a source...who works for the United States Treasury and it was 2 years ago that I-Team's friend was assigned to the 8th floor of the new CBI building in Baghdad to make sure all the sequential steps of the monetary reform was successful...We now have the RI ready IMO...He stated to I-Team he's coming home. 5-16-2025 Mnt Goat Once the parallel market gap is gone and the dollar matches or better (1:1), the CBI official rate of 1320, my contact told me the “official” rate will then revalue. My guess is it will be around 1166ish or better. They might go straight to 1 dinar = $1 dollar even. Was 1166 not the “official” rate of the Dr Shabibi era when in 2012 he announced the Project to Delete the Zeros was targeted for the fall of that year? I think Ali Alaq has a better plan going, better because he can, while in Dr Shabibi era Iraq was still under sanctions. 5-16-2025 MarkZ Article: “Why is the Arab summit in Baghdad distinct from its predecessors?” I find these articles interesting. There is so many expectations. Can’t you guys feel it in the air? They keep pointing out that this is different from any other time period.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-15-2025 Sandy Ingram Article: "Iraq plans digital currency to replace paper notes" Iraq's currency more than likely will be exchanged at the local bank, your local bank, or through Forex market. However the Central Bank of Iraq wants to go digital first. The Central Bank of Iraq's governor announced...Iraqi banknotes will be eliminated and replaced with Iraq's central bank digital currency. So yes, Iraq is planning on entering the global market...Here's the problem...More than likely Iraq will give a deadline or dates when banknotes can be exchanged for digital currency...Iraq or no other country is in a position to exclude legal investors who are holding legal banknotes...How will we exchange our banknotes for digital currency? 5-15-2025 Pimpy What do you think, the dinar is trying to tank their entire economy? Not going to happen...If they delete the zeros your 1,000 dinar is going to become 1 dinar. Your 25,000 dinar is going to become 25 dinar. They're going to have to make new bank notes. It's called a redenomination. Only the nominal value, which is [the numbers in the corner of notes] is going to change. It's going to go from 25,000 down to 25. The actual value is still going to be $19 USD in exchange whether you have the zeros on there or not. 5-15-2025 Walkingstick [Iraqi banking friend Aki update] Aki will give us a list of the private banks that will collect the 3-zero notes for the CBI...these banks are going to be all over the world. If people live in Canada...Australia...Japan...London, they will be able to turn in their currency for the currency of that region. Not only Aki's bank but thousands of private banks around the world the CBI has contracts and agreements with to collect the 3-zeros and turn them in to the CBI. Our American banks will open their doors to American citizens only. 5-15-2025 Frank26 The rate out in the market, that's where they're inflated. They're around 1400 something...and they rip them off because it's [the official rate] is 1310. The difference is the profiteering, the ripoff to the Iraqi citizens. Why do the Iraqi citizens go to these people? Because it's more convenient...and they don't trust the Iraqi banks. But these exchange centers are going away...They got neutered...As this gap gets closer and closer you're going to get a 1 to 1 rate. 5-15-2025 [Boots-On-The-Ground] Maxis My guy (Haydre) came to me and said he spoke to his friend outside [Green zone] and this is what he was told - they don’t have the cash to fund projects, yes the CBI has the smaller denomination notes but can’t put them into circulation until they recover the majority of the 3 zero notes, they won’t recover the majority of the 3 zero notes until they revalue what they have. They are stuck in a bad spot and don’t know how to get out of it. They are going to be forced to revalue or go broke. Everything is waiting on the revaluation of their currency... QUESTION: "How do they know the CBI has the lower notes?" They have seen them, the smaller notes, on TV. 5-15-2025 Fnu Lnu Article: "...Iraq is expanding its agricultural plans by cultivating desert lands, relying on well water, and developing drought-resistant crop varieties...Iraq has now reached self-sufficiency in seven agricultural products year-round and is exporting 13 crops, including dates, tomatoes, potatoes and watermelon...with a target of 30 million palm trees within three years." Iraq continues to move forward toward self-sufficiency by developing agriculture. They are now exporting 13 crops and are self-sufficient in 7 crops. 5-15-2025 MarkZ It does look like things are lining up. Question: When is Iraq’s big summit start? Mark: Saturday May 17th...some people on the ground think there may be a surprise guest coming. Things are getting interesting. Article: “Saudi crown prince to join the Arab summit in Baghdad” He is expected to attend the summit on Saturday, according to recent reports. There are also rumors that Trump may attend as well. To at least make an appearance. I can only think of one thing that would get him there. I hope I am accurate. Question: an RV? Mark: Exactly... 5-15-2025 Militia Man Agriculture and residential fields - that all take really big money to build that. That's comes back to the budget. They're not going to be able to build industrial refineries and stuff like that at 1310. They've never done it before why are they going to do it today? They're not. It'd be just like suicide. Think about it, if you have a real effective exchange rate and the dinar is much stronger than the dollar it becomes far cheaper to build this out.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-13-2025 Militia Man Article Quote: "Iran...Removing 4 zeros from the national currency is one of the key measures included in the action plan." Now watch, you're going to have numbers different people on the internet saying, 'it's a LOP.' If you believe the United States Treasury and the World Bank and the Bank of International Settlements have worked for 21 years to erase the value of the currency? You have to be kidding me...Lopping a currency isn't part of a current reform program. It's destroying value. That's not what we're talking about here. We have two really rich countries ...The toman/rial is far less valued than the Iraq dinar...I think this is good. 5-13-2025 Clare Article: "Central Bank of Iran: Removing four zeros from the national currency is at the heart of the action plan for this year." 5-13-2025 Pimpy Yes the Iraqi dinar did pick up some value against the US dollar. It shouldn't be surprised, there's a trade war going on. I do like the fact that the Iraqi people are smart and they're trading in their US dollars and buying gold because it's a store of value. It hold its value. Good move. 5-13-2025 Frank26 Iran is the reason why we don't have security and stability. And because we don't have security and stability we don't have the new exchange rate released. It's that simple. It's not complicated. 5-13-2025 Kaperoni Quote from IMF Article: "An agreement was reached to support the use of the Iraqi dinar in economic transactions to maintain the stability of the local currency." 5-13-2025 MarkZ Comment: The Rumor is - Iraq is exchanging dollar-for-dollar on the Dinar in country. Mark: There is quite a bit of news mentioning parity, zeros dropping and possibly 1 to 1 rates. I still believe its going to be higher – but I love hearing these conversations. But if all I got was a buck rate…I would be happy and gone. (all BS..!) 5-13-2025 [Boots-On-The-Ground] Maxis I just had a sit down with a few of my locals whom are in the know, I asked them about the “Parallel Market Rate”. They all said the same thing - “if Iraq wanted to get rid of the Parallel Market they could do this at a stroke of the pen, increase the value of the Dinar and render the Dollar unappealing” ...They have family members in the financial sector, they say the rate change would solve the issue because it would make the Dinar more desirable...They work in the finance and management portion of our company on this base.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-12-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says from the United States of America that 46 business leaders from Iraq including Kurdistan will be attending a conference in the United States of American from the 11th to the 14th. This is pretty interesting. These are some of the most powerful business leaders in Iraq going to your country. FRANK: Do you think any American businessman wants to deal with 1310? Of course not. All of this is...signs pointing in one direction that you are the prettiest girl at the party and everybody want to kiss you. 5-12-2025 Clare Article: "The dollar's exchange rate is stabilizing towards its target: adaptation or adjustment?" Quote: "It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards the (official) target level." [Note: A decline in this instance is what dinar investors want to see.] 5-12-2025 Walkingstick [Iraqi banking friend Aki update] WALKINGSTICK: When do you think they're ever going to release the new exchange rate? AKI: Of course they have a date. Why do you think I'm here [in Michigan US]? WALKINGSTICK: Why don't you tell me. AKI: You know I'm here to collect the three zero notes. This is what I have been assigned to do. I am not to give out lower notes... Walkingtick: He's going to help the Middle Easterners in his Michigan area and in the east coast of the United States. 5-12-2025 Samson Article: "GOVERNMENT ADVISOR : THE CENTRAL BANK'S STRATEGY CONTRIBUTED TO A DECLINE IN DEMAND FOR DOLLARS ON THE PARALLEL MARKET" 5-12-2025 Militia Man They haven't exposed Article 12-2 paragraph C of the 2024 budget yet. I believe it is exchange rate related. 5-12-2025 Frank26 Article: "Iranian-American negotiations raise the value of the Iraqi dinar against the dollar" That's why the gap is closing in the black market. It is raising the value and it will eventually allow it to reach a certain rate where it can float...
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-13-2025 Militia Man Article quote: "Our dinar continues to recover up to the official price...the main reason of the recovery is the reform policies..." They're talking about the parallel market and the official price... The exchange rate of Iraq having par at a specific time reeks of getting the parallel market, which is the illegal cash market...mechanism working. 5-13-2025 Clare Article: “How did the Central Bank's strategic plan control the dollar price?" Quote: "Saleh explained that the narrowing gap between the official exchange rate and the parallel (black) market exchange rate is one of the most prominent indicators of the success of the strategic approach to controlling the currency market outside official channels, which has had a positive impact on economic stability and the interconnectedness of the Iraqi economy...This approach has contributed significantly to enhancing the stability of the monetary market, which benefits the strength of the Iraqi dinar..." 5-13-2025 Frank26 This closing of the gap [between official rate and market rate] will bring the float, the purchasing power that the citizens of Iraq have been seeking internally and externally. The float will be for us who have invested in your currency. But the beautiful thing is that both currencies, the dinar and USD will benefit from closing this gap. 5-13-2025 Mnt Goat Article: “THE DOLLAR CONTINUES TO FALL IN IRAQ. IS THE MARKET APPROACHING THE OFFICIAL RATE?" Quote: "...the gap between the official price and the parallel market price is close to disappearing...we may soon see it reach the official rate.” My CBI contact told me, and still tells me, that when this gap is narrowed to a point or the gap disappears entirely between the two rates, the CBI fully intends to conduct another revaluation of the dinar. 5-13-2025 MarkZ Article: “A quantum leap: an Iraqi port receives 207 oil tankers for the first quarter of 2025” This is part of the belt/road initiative. To increase their port and trade system. They have made huge progress in a short time. They are experiencing a “Renaissance” in Iraq which should bring us a change in dinar 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 5-12-2025 Sandy Ingram The Central Bank of Iraq has announced pilgrims can purchase dollars through designated banks and companies in Baghdad and other provinces. The process involves exchanging Iraqi dinars for US dollars at the branches of participating banks and companies ... We can only hope this procedure continues once the value of the IQD float to an acceptable level against the US dollar ...Please do not take this news out of context. No one said anything about an RV or float at this time. We are watching Iraq's policies and procedures to determine our course of action for exchanging the Iraqi dinar for the US dollar or Turkish Lira. All we need now is a level 2 travel alert from the US State Department. Iraq's foreign Minister ...asked that the travel ban be lifted when he was in Washington DC. Oh, yes you will also need a passport. 5-12-2025 Fnu Lnu Article: "The Abu Dhabi Securities Exchange (ADX), the UAE's largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul." As you can see, the arrangements being made for the Digital Iraq are more far ranging than you may have thought. There is much work to be done yet as many dozens of infrastructure projects, and housing projects, continue to be added to the agenda weekly. The Iraq stock market did very well in the past year with many yields over 100%. There are no discussions of the RV/RI, by any credible source, to be found anywhere. 5-12-2025 Clare Article: "Al-Nusairi: Our dinar continues to recover until it reaches the official price." Quote: "Economic and banking advisor Samir Al-Nusairi confirmed on Sunday that the Iraqi dinar has been gradually recovering for several weeks due to internal and external reasons that have directly impacted controlling fluctuations in the US dollar exchange rate, regardless of the many reasons that led to its decline and its reaching 10 cents, after the difference between the official and parallel rates had been 20 cents for a long period...Al-Nusairi bet on the Iraqi dinar's continued recovery through 2025..." 5-12-2025 Militia Man The Parallel Market is a big thing in the news because the street parallel market is an illegal market...They're talking about getting the parallel market on par with the official exchange rate or really close. I think that's what's taking place.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-10-2025 Militia Man It's about Iraq but it's not all about Iraq because the impact that a revaluation will have on the region and trading partners. The world is going to be a part of this...When they turn it on everybody else needs to be ready for that. That's when it comes to the central bank and the Bank of International Settlements...the central bank of all central banks. 5-10-2025 Frank26 It's not going to be just one bank that's going to come to my house [To exchange my dinars]. It's going to be all the banks that I have accounts with that I wish to exchange with. How stupid to put all the soldiers in one place. Spread them out. Don't depend nor trust nor lean on one institution to take care of your money. That is so insane to do so. [Note: At the appropriate time, consult with your financial and asset protection advisors to build an exchange strategy that best fits your unique circumstances.] 5-10-2025 MarkZ We continue to read stories on the de-dollization and the stabilization of the dinar... All of this is important for the revaluation of the dinar...Sudani and Alaq call it “Raising the purchasing power of all Iraqis” There really is great news coming out of Iraq. 5-10-2025 Fnu Lnu Article: "Prime Minister Mohammed S. Al-Sudani met with a delegation from US-based social media giant Meta..." Quote "The Prime Minister affirmed the government's commitment to advancing automation and digital transformation...and discussed Meta's potential involvement in deploying a fiber optic cable across Iraq...Meta is the parent company of services such as Facebook, Instagram and WhatsApp." As you can see, the Digital Iraq is in its infancy. This is a vital step for the banking sector and we will not see an RI/RV until Iraq has digitized and beta tested the entire system. It is far more that just installing a software program. It will not see completion in a few days or months. This will take until next year... 5-10-2025 Samson Article: "Economic expert Ikram Abdel Aziz: The tourism sector is no less important than oil...and its resources are inexhaustible" 5-10-2025 Pimpy If you try to sell your Iraqi dinar back, you don't want to go to [Online brokers]. If you can find a bank, they'll do it at the currency rate. They'll exchange your dinars 1,320 of them for a dollar. There's no fees in the bank. It's going to be exactly what the exchange rate is. So instead of getting paid something like $450 or $500 for every million, you'll get paid whatever the exchange rate is at that moment, so $757 you get back. You get the full amount. So go to the bank if you can find one that allow you to exchange your currency. Right now not all banks do it. 5-10-2025 Militia Man Iraq is going international. You can tell by the reform process that they're dealing with. This digital transition to a digital economy is what the whole world's doing. Iraq is finally getting to that stage of being caught up. 5-10-2025 Frank26 If you listen very closely, if you watch very closely not what they say but what they do...then without a doubt I believe that what we are looking for is already here and it's already been exposed because it's no secret in the way the community around the world internationally is reacting. Everybody knows. Even the man on the moon. 5-10-2025 MarkZ CBI released a list late last night about all the Iraqi banks that are now approved for “International Transactions” To me these transactions do not make sense without an “International Dinar”. 5-10-2025 Clare Article: "Iranian-American negotiations raise the value of the Iraqi dinar against the dollar. " Quote: "Economic expert Nabil Al-Marsoumi...explained that reaching an agreement between the two sides could lead to a significant convergence between the parallel and official dollar rates, at a time when the selling price of $100 on the parallel market has fallen to 142,000 dinars." 5-10-2025 Fnu Lnu Here are 20 projects making the news this week. These are not hand shake deals nor are they a wish list, this is hard business with contracts and MoU's...Mind you, this is all happening with a REER of 1300 IQD to $1 USD. Not too shabby for frozen and stalled/standstill operations, I'd say. There is no mention of a currency revaluation.: Genel Energy issues Trading and Ops Update; PM gives Ultimatum for Completion of Al-Khairat Power Plant; Azerbaijan discusses Cooperation with Iraq in Energy Sector; Tabaqchali: Market at an All-time High; Iraq to Establish $190m Energy Investment Company; Iraq Signs €130m Infrastructure Agreements with France; Iraq to buy Biometric Cameras from Korean Firm; Chestertons opens Real Estate Office in Baghdad; Iraq Approves Water Management Plans. [Post 1 of 2] 5-10-2025 Fnu Lnu [List continues]: Launch of National Strategy for Health of Women, Children, Adolescents; Swiss Company to modernize Baghdad Airport; IFC to help Iraq Develop Industrial Cities; Clean Energy Transition, 3,000 MW Investment Opportunities in Wasit; Siemens Energy signs Key Agreements to Boost National Grid; Seismic Survey of Naft Khana Field Completed; Baker Hughes discusses Energy Development Projects in Iraq; China's EBS signs Amendment to East Baghdad Oil Field Contract; Iraq Receives First Two French Caracal Helicopters; Iraq Produces First Batch of Diabetes Tablets; "Advanced Talks" on $17bn Mega-Project in Iraq. [Post 2 of 2] 5-10-2025 Militia Man The landscape is about to change. It really is...This is a global event and you can't consider it as it's just about Iraq...It is about Iraq but it's not ALL about Iraq. It's very important that you guys understand that...It's going to be a very intense time..I believe it's a global event. 5-10-2025 Frank26 American banks are training their employees for us, IMO. 5-10-2025 MarkZ Article: “Planning discusses with the World Bank the follow up of work progress in a number of development projects in Iraq” ...They are again sitting down with the world bank. The WB says they are doing great work. This is another “feel good” article that shows stability. 5-10-2025 Mnt Goat Article: "AS TRUMP’S VISIT TO THE REGION APPROACHES, IRAQ IS EXPECTED TO PLAY A ROLE IN THE ARAB SUMMIT IN BAGHDAD" President Trump will be formally attending the Arab Summit in Baghdad soon. WOW, WOW, WOW! Do you know the extent of good news this is? I do not know if he intends to talk about the dinar reinstatement but this measure can certainly not be bad for Iraq, that is for sure.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-11-2025 Mnt Goat I believe the pivot point for us investors is all riding on the Iranian talks. Not a single event but a pivot point. What will come of Iran is also part of the fate of Iraq. We can also see now the parallel market is all about to be fully broken and the dinar is rising every day...Remember also that these correspondent banks for the remaining 5% of the foreign transactions is slowly being implemented, with a completion target by June, not starting in June... So, now we gradually hear about the decline of the dollar and rise of the dinar. This is a target for the CBI. 5-11-2025 Clare Article: "Cooperation between Iraq and the International Monetary Fund" Quote: "Iraq and the International Monetary Fund agreed to strengthen relations with foreign correspondent banks in the field of foreign trade financing...An agreement was reached to support the use of the Iraqi dinar in economic transactions to maintain the stability of the local currency." 5-11-2025 MarkZ Question: Do you think we wont go until June Mark? Mark: I don’t think so …but nobody knows the exact timing. There sure is a lot happening right now though. 5-11-2025 Frank26 If that is true (Iran gives up nuclear weapons ambitions) then this trip that our President is doing, there's a very good chance he might talk about Iraq because if he tells the world that Iran is willing to do a deal now with their nuclear proliferation...we're [Iran] going to make money instead...well then they're going to make money with Iraq. And you don't make money at 1310 do you Mr. President? No, we do it with a new exchange rate. 5-11-2025 Fnu Lnu ...The most recent annual reports show clearly that Iraq already has a REER and that is 1300 IQD to $1 USD. If Vietnam can be Internationally accepted and FOREX traded at 25,575 VND to $1 USD then the IQD can do the same with 1300 IQD to $1 USD. Why they haven't has nothing to do with their ability to do so, but rather, the desire to do so. All events do not lead to the RV. At a time when the IMF and World Bank is under fire for going off mission, the global/geo-political condition is not conducive to a RI/RV at this time. The currency is internationally compliant. 5-11-2025 PompeyPeter What we know is the budget hasn't been activated. We also on Saturday the 17th in Baghdad Sudani heads up the Arab Summit...29 countries of the Arab Leak. I think Big Don is going to be there as well. That's the word on the street. 5-11-2025 Militia Man This is an event that's going to be historic...Investors put their money where their mouth is....$88 billion invested in Iraq in 2023/24...There's an estimated $400 to $500 billion more on the way. That's massive! A half a trillion dollars is huge. Why? Iraq told us they have $16 trillion worth of rare earth and that doesn't even include the taxes and tariffs at the borders...The list goes on an on. To think there's not going to be an adjustment so Iraq can enter and be integrated into the International financial system is flat-out silly. But there's still a lot of people that believe that. That's ok, it's not meant for everybody. 5-11-2025 Frank26 Article: "The Central Bank's trilogy curbs the parallel market. The dollar drops to a historic low for the first time since 2022." That is monstrous. It's powerful. It's what we've been looking for, the closing of the gap between the black market and the official rate. This is what we seek. This is what we have. Why do you think Trump is going?
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-9-2025 Samson Article: "As Trump's visit to the region approaches, Iraq is expected to play a role in the Arab Summit in Baghdad." 5-9-2025 Pimpy Article: "Iraqi politician proposes to the Sudanese to invite Trump to attend the Baghdad summit" You're not going to get Trump there but you could definitely get a representative there. 5-9-2025 Frank26 Some serious negotiations have occurred with Iran. If that's the case, wow, we have security and stability. If you have security and stability in the Middle East because there's no more problems with Iran then there's no reason why not to raise the value of the currency of Iraq. It's not that complicated. 5-9-2025 Clare Article: "The Central Bank's trilogy curbs the parallel market. The dollar drops to a historic low for the first time since 2022." Quote: "The Iraqi dinar has seen a significant improvement in its value against the US dollar in Iraqi markets over the past few weeks, with the hard currency declining for the first time since 2022, reaching 141,000 per $100... Saleh said that the Central Bank of Iraq has succeeded in meeting the dollar needs of major traders by strengthening national banks' reserves with their foreign correspondents...and by beginning to use alternative currencies such as the Emirati dirham, the euro, and the Chinese yuan in banking operations...This approach has contributed to accelerating remittances and reducing reliance on the parallel market." 5-9-2025 Fnu Lnu Article: "The Central Bank of Iraq (CBI) has announced that pilgrims can purchase dollars through designated banks and companies in Baghdad and other provinces." Quote: "The process involves exchanging Iraqi dinars for US dollars at the branches of participating banks and companies." Well, so much for de-dollarization. Iraq has published an official list of banks and exchange companies who will accept Dinars to buy dollars USD. This interoperability does not hint at an imminent RV/RI but does move the ball downfield quite a bit and shows us that Dinar-IQD and Dollars-USD will cohabitate for the foreseeable future... 5-9-2025 Militia Man The parallel market is about to lose its existence...The illegal market is about to run its course. That's 100% my view. The expectation of it getting eradicated completely, non-existent, I think that's happening in a very short period of time and I think it can happen even faster if they change their exchange rate. 5-9-2025 Samson Article: "The Central Bank's trilogy curbs the parallel market. The dollar drops to a historic low for the first time since 2022." Quote: "The Iraqi dinar has seen a significant improvement in its value against the US dollar in Iraqi markets over the past few weeks" 5-9-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing a significant decline in the dollar in the parallel market again. The parallel market is now down to 1427. Whoa! Sammy says to expect probably soon, that rate will be 1390 and close enough to close that [gab between official rate] completely out. FRANK: Wow! That's fantastic news gentlemen. That's closer than we estimated for this coming week. That gap as it gets smaller and smaller, sooner or later we will have our new exchange rate because when it closes to a point where it will be able to at least come out at one to one then that's what we're looking for. 5-9-2025 Mnt Goat ...good news...Article: “THE DINAR IS RECOVERING. THE DOLLAR’S VALUE IN IRAQ HAS FALLEN DUE TO LOCAL MEASURES.” ...Exchange offices and the local stock exchange in most Iraqi governorates recorded a decline in the dollar exchange rate against the Iraqi dinar on Tuesday, part of a slight and gradual decline that has been ongoing for days. This decline has been going on for weeks not days. [Note: A falling dollar vs the IQD is what dinar investors want to see.] *** Thursday Midnight Opinions *** 5-8-2025 Frank26 How much should you exchange [when the time comes]? That's based on your needs. Personally I was going to exchange 10% and hold on to 90% and watch it go up in the float. But I've changed my mind...It seems to me if I did the opposite, if I exchange 90% and invested it properly, by the time I waited for it to go up in the float it'll already be where I started. [Note: Consult your financial and asset protection advisors at the appropriate time to determine the best exchange strategy for your unique circumstances.] 5-8-2025 IMarkZ Article: “Can Iraq’s Development road Project become its gateway to prosperity”? this is a deep dive showing us historically where Iraq fits in the great trade industries of the world. Iraq will have a key role in trade from the middle east to Europe. 5-8-2025 Fnu Lnu IMF cuts Iraq Growth Forecast for 2025. According to the latest World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to shrink by 1.5 percent this year. Where others bring rumors, I bring the receipts.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-8-2025 Militia Man Advisers from Sudani...those folks are the real source...They may not be giving you the whole picture...because the Central Bank of Iraq can't always tell you exactly what they're going to do. But they give you education...all the way through the process but the last thing they're ever going to do is tell you, 'We're going to revalue the currency tomorrow at 10:00 in the morning or anything like that. They're just not. 5-8-2025 Sandy Ingram Things keep popping off from behind the curtains in Iraq. This is major breaking news, more than any other news we have received recently. This news suggests that the US is pushing Iraq to implement certain financial standards or else...Iraq is taking desperate steps to meet its financial obligations using escrow funds from the Federal Reserve Bank of New York to pay the salaries of its private sector workers. These funds...were originally established after the 2003 invasion to protect Iraq's income from foreign claims and lawsuits...The use of these protected funds signals how critical Iraq's economic situation has become and how deeply it depends on cooperation with U.S. financial authorities. 5-8-2025 Walkingstick [Iraqi banking friend Aki update] WALKINGSTICK: Where are the lower notes? AKI: They're at the CBI. You know that. Walkingstick: He suggested they're also in the ATM machines. 5-8-2025 Frank26 Article: "An Iraqi politician suggested to Al-Sudani that he invite Trump to the Baghdad summit." Quote: "President Trump's visit to the Middle East presents valuable opportunities for the Sudanese government to capitalize on by affirming its policy of distancing itself from regional axes and Iranian dependence." He's coming IMO! 5-8-2025 Clare Article: "An Iraqi politician suggested to Al-Sudani that he invite Trump to the Baghdad summit." Quote: "Iraqi politician Mithal al-Alusi suggested on Wednesday to Prime Minister Mohammed Shia al-Sudani that he invite US President Donald Trump to attend the Arab Summit scheduled to be held in the capital, Baghdad, in the coming days." 5-8-2025 Fnu Lnu [Response to 5-7-2025 Boots-On-The-Ground Maxis post] When I say my "SOURCES" are directly from the IMF, WB, BIS, etc...I mean that I gather my info from their own publications and press releases as well as aggregators in Iraq...My mission is truth as best as I can ascertain it so I go to the horses mouth... 5-8-2025 Militia Man Article: "The dollar continues to fall. Is the market close to the official price?" When they talked about getting rid of the dollar auction, which they've done IMO, was going to put pressure on the parallel market because once the value of the dollar is less than the dinar that is going to go away...They're trying to get the parallel market to be in par with the official exchange rate, which is 1310/1320 buy/sell. [Note: A falling dollar vs the IQD is what dinar investors want to see.] 5-8-2025 Frank26 Article: "Trump teases 'very, very big announcement' ahead of Middle East trip, Carney says he's 'on edge of my seat'" This announcement may be related to the Iraqi dinar...Now he may go to Baghdad. This is seriously swelling up for a reason, a purpose. Let's see what it turns out to be. Let's see what his announcement is...It's either about Iran or Iraq. That's what's on his mind, to play fair with the American currency...It's either Iraq or Iran and you know something? ...I'll take either one! 5-8-2025 Mnt Goat When the new rate for the Iraq dinar is reinstated on FOREX it will happen to the entire world all at once no matter what time zone...There will be no insider trading. When FOREX opens it opens...There are no such “tiers” for exchanging nor “redemption” centers...We We will be conducting a simple currency exchange at the bank. Now for some 5-8-2025 MarkZ I am getting many reports from banks that they are learning to process Dinar, Dong and Indonisia Rupiah…Internal reports saying “Hey, we are going to be accepting these currencies”. they don’t tell us the rate…just that they are going to be accepting them. This is step number one in my book. They train them on these currencies so they are ready for the revaluation…imo…This is clear evidence we are moving towards completion.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-9-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing a significant decline in the dollar in the parallel market again. The parallel market is now down to 1427. Whoa! Sammy says to expect probably soon, that rate will be 1390 and close enough to close that [gab between official rate] completely out. FRANK: Wow! That's fantastic news gentlemen. That's closer than we estimated for this coming week. That gap as it gets smaller and smaller, sooner or later we will have our new exchange rate because when it closes to a point where it will be able to at least come out at one to one then that's what we're looking for. 5-9-2025 MarkZ Comment: It's been proven that Iraq prime Minister has been meeting with heads of banks...and also the parallel market is moving in our favor now. Mark: That is absolutely 100% true. 5-9-2025 Mnt Goat ...good news...Article: “THE DINAR IS RECOVERING. THE DOLLAR’S VALUE IN IRAQ HAS FALLEN DUE TO LOCAL MEASURES.” ...Exchange offices and the local stock exchange in most Iraqi governorates recorded a decline in the dollar exchange rate against the Iraqi dinar on Tuesday, part of a slight and gradual decline that has been ongoing for days. This decline has been going on for weeks not days. [Note: A falling dollar vs the IQD is what dinar investors want to see.] *** Thursday Midnight Opinions *** 5-8-2025 Frank26 How much should you exchange [when the time comes]? That's based on your needs. Personally I was going to exchange 10% and hold on to 90% and watch it go up in the float. But I've changed my mind...It seems to me if I did the opposite, if I exchange 90% and invested it properly, by the time I waited for it to go up in the float it'll already be where I started. [Note: Consult your financial and asset protection advisors at the appropriate time to determine the best exchange strategy for your unique circumstances.] 5-8-2025 MarkZ Article: “Can Iraq’s Development road Project become its gateway to prosperity”? this is a deep dive showing us historically where Iraq fits in the great trade industries of the world. Iraq will have a key role in trade from the middle east to Europe. 5-8-2025 Fnu Lnu IMF cuts Iraq Growth Forecast for 2025. According to the latest World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to shrink by 1.5 percent this year. Where others bring rumors, I bring the receipts.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-7-2025 Frank26 We have learned once again that Alaq has admitted from last year that they are lifting the value from the currency by removing the zeros from their exchange rate. He admitted it to the citizens and to the world that they are lifting the 3-zeros and adding purchasing power to the currency. Will it be this year or next year? I believe it will be this year...I don't know...but it is now a fact of Iraq's life that they are lifting the 3-zeros from their exchange rate to add value to their currency. 5-7-2025 Fnu Lnu They have one shot to pull this off and I assure you they will not squander it...We will have an RV but the entirety of the geo-political world are in a tizzy and it is not going to get better for a while. If Trump is as smart as people believe him to be, he will successfully rearrange the global markets and pull a reset almost unimaginable. It's about time someone had the huevos to do what has been needing to be done for most of my rather long life. 5-7-2025 Militia Man It's not the central bank's job to tell you when a revaluation is going to happen. They're not going to tell you what rate it's going to be. There could be indicators...Let them do what they do. The cool part is we can see they are moving towards a digitalization of the government, borders and what they talked about launching, a digital dinar. And we have the IMF talking about them using dinar in foreign transfers. Let that sink in. 5-7-2025 Clare Article: "The United Nations and 18 countries meet with the Iraqi banking sector to discuss banking relations at the headquarters of the Association of Private Banks." -7-2025 [Boots-On-The-Ground] Maxis Question: "Have you heard anything like 'Iraq citizens given 48 hours to exchange their currency. Rate is $5.41 (PSA on all cell phones)'? " I asked my guy’s and they said no PSA. My work phone has an Iraqi number (Zain) and I didn’t receive this PSA either. 5-7-2025 Frank26 When this blessing occurs, walk to a bank, don't run...Take your time. Look things over. Study the situation. Don't rush to a bank to exchange right away. 5-7-2025 Kaperoni Article: "The United Nations and 18 countries meet with the Iraqi banking sector to discuss banking relations at the headquarters of the Association of Private Banks." We are slowly watching Iraq stand up on their own two feet. The article includes a meeting with UNAMI, the Central Bank of Iraq and 18 foreign governments is welcomed. 5-7-2025 [Boots-On-The-Ground] Maxis The “Facts” are that anyone claiming to have contacts inside of any organization, ie the CBI, GOI, IMF, WTO, BIS or any Ministry does not. Anyone in the know in any of these organizations can not and do not talk to anyone outside of the organizations. Many of these meetings take place in the compound that I work due to the fact that we have one of the only facilities large enough to facilitate these meetings. I have personally asked many of these diplomats at our DFAC or Green Bean after their meetings how things went and occasionally what was discussed. They all say the same things “watch the news”, and everyone needs to remember that 90% of the media outlets here are owned and or run by the Pro Iranian Maliki group... 5-7-2025 Fnu Lnu Article: "Iraqi Finance Minister, Mrs Taif Sami Mohammed, along with the Governor of the Central Bank of Iraq (CBI), Dr Ali Al-Alaq, participated in the Annual Spring Meetings of the World Bank and the International Monetary Fund (IMF), held in Washington" Here is the real scoop on the World Bank and IMF meeting. Notice that there is no mention of currency revaluation. It is not part of the dialogue. As major and life altering as it is, if it were a topic of current import, they would have been discussing it. These meetings are completely transparent. There are no secret meetings. 5-7-2025 Militia Man Article quote: "The delegation International Monetary Fund stress the importance of strengthening the relationship with foreign correspondent banks in the field of financing foreign trade as well as supporting the use of the Iraqi dinar in economic transactions to maintain the stability of the local currency." I don't know you guys, some people like to say, 'drop the mic'. That's powerful and it's impressive. They're talking specifically about cross border trade, foreign trade, with the Iraqi dinar. 5-7-2025 Clare Article: "Trump teases 'very, very big announcement' ahead of Middle East trip, Carney says he's 'on edge of my seat'" Quote: "Trump has a planned visit to Saudi Arabia, the United Arab Emirates and Qatar in the coming days. 'We're going to have a very, very big announcement to make, like as big as it gets,' Trump told reporters in the Oval Office, where he is meeting with Canada's new Prime Minister Mark Carney. 'And I won't tell you on what … and it's very positive.' " [Post 1 of 2....stay tuned] 5-7-2025 Clare " 'It is really, really positive. And that announcement will be made either Thursday or Friday or Monday before we leave,' Trump added. 'But it'll be one of the most important announcements that have been made in many years about a certain subject, very important subject. So you'll all be here.' " [Post 2 of 2] This is just what Mark said this morning..! 5-7-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy said the month of May is going to bring answers to the international card issue and you're going to get that answer on June 1st. You also know the 5% [black market] should be done by June 1st and all transfers will be away from the black market so hold on tight.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-6-2025 Fnu Lnu Article Quote: "Iraq's Minister of Transport...chaired a meeting...at the headquarters of the General Company for Iraqi Railways with representatives from Oliver Wyman, the consultancy firm providing financial advisory services for the Development Road Project....calling for detailed studies and enhanced coordination between the General Company for Iraqi Railways, the project's Higher Committee..." Progress hasn't stopped nor has it frozen...My sources are directly from the CBI, GOI, the various ministries, the IMF, the WTO, and BIS. Just because some apartment is a hull standing idol is hardly indicative of the geo-political wrangling going on right now in Iraq. There are thousands of such idol clean-up projects waiting. Debate backed up with facts is always welcomed... 5-6-2025 Samson Article: "Finance Minister: The Iraqi economy recorded non-oil growth of 5 percent and a decrease in the budget deficit" 5-6-2025 Militia Man Article quote: "Iraq is ready to integrate into the international financial system." I don't think I can spell it out any more than that. 5-6-2025 Frank26 Should we go to the bank [to exchange]? In my situation I don't think so, no. I don't qualify to walk into a bank because I'm not going to walk in with 1 million dinars [He has much more]. So my team will consist of a lawyer who will make the phone calls for me, who will make the arrangement that whatever bank we decide will come to my house. 5-6-2025 Kaperoni Seems like now we're finally starting to get statements out of Iraq that confirm what we've been saying all along that the dinar can only rise as a result of a developed banking sector, economic success and growth of their own economy.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-5-2025 Frank26 The most important thing that is needed, the only thing that is needed for the new exchange rate to come out of hiding, to no longer be surrounded by weapons to protect it, is security and stability...Do we have it? I think so. 5-5-2025 Fnu Lnu Now that they have a digital Dinar under development, foreign cross-border payments will be effortless and completed within seconds. Conversions and the problems they presented are soon to be a thing of the past. Local trade and commerce in the marketplace of Iraq will do just fine with the current, stable REER which now has a three year track record. 5-5-2025 MarkZ [Reference Mnt Goat's post 5-5-2025 this morning. Article: “TALABANI’S PARTY: THE OIL AND GAS LAW IS OFF THE AGENDA FOR THE CURRENT SESSION, DESPITE THE GOVERNMENT’S PROMISES.”] The question is – what is the real truth? We heard similar things in Kuwait and China before they RV’ed their currency. 5-5-2025 Militia Man The background of the country [Iraq] has had a massive amount of corruption. Spreading rumors through media is notorious. Sadly we have it here in our country as well...It's a reality. You have to take the time to be able to understand what you own and know who those [bad] actors are. This has been a long road...We got into this because we believed in our investment. Revaluations of currencies is a reality. 5-5-2025 Sandy Ingram In 1983 the exchange rate [of the Vietnamese dong] was approximately .976 dong per US dollar whereas by June 2023 it had reached around 23,726 dong per US dollar...Many manufacturing companies have moved out of China into Vietnam. The small country's growth potential is definitely favored...You can trade the Vietnamese dong on the Forex market. 5-5-2025 Frank26 What about the concept of grouping together [to go to the bank for exchange]? I think it's good but be careful who you group with...Be careful. By grouping yourself together...You got 1 million dinars and you got someone that's got 3 million dinars, you've increased the attention they will give you...You want all their attention. [Note: Speak with your financial and asset protect advisors at the appropriate time to determine the best exchange strategy for your unique circumstances.] 5-5-2025 Boots-On-The-Ground Maxis The budget is 210T divided into 2 parts. First part is 155T for Government Operations and the second part is 55T for investment (projects). This will leave them with a Deficit of 66T. No Projects have been funded as the budget has not been approved. Projects are just promises at this point. They have to revalue the dinar to afford all of the projects. The word from my locals is that there is no way they have 210T dinars printed...If they had 210T dinars printed their inflation rate would be unattainable ...Question: "Is this your commentary or your Iraqi employees?" My employees I just listen. 5-5-2025 MarkZ The news is still good …We are just not there yet. But there is a lot going on in Iraq right now...it’s really stinkin close. 5-5-2025 Clare Article: "The Iraqi banking sector between support flexibility and the risk of reserve depletion: A reading of the Fitch report and Central Bank figures" Quote: "Central Bank figures also revealed that Iraq's foreign exchange reserves declined by more than $7 billion during the first quarter of 2025, reaching 127.198 trillion dinars in March 2025, compared to 136.877 trillion dinars in December 2024" 5-5-2025 Fnu Lnu [Response to Boots-on-the-ground Maxis 5-4-2025 post] I have shown...over 40 projects in the last two weeks with explanations that illustrate that this "intel" is just street talk. Large contractors do not get paid in physical dinars or any sort of folding money. This is not 1920. They have banks in their home countries and their payments amount to decimals on a monitor screen that get converted to Yen, Euros, or Croners, automatically. These huge contractors never see a Dinar except to buy a falafel for lunch. The logic is faulty...Just so ya know, the contractors are being paid their millions and billions with SDR's purchased through the IMF and World Bank / BIS. When the new digital system is implemented, these transactions will be consummated within seconds just like our exchanges will be. 5-5-2025 Militia Man Article quote: "Rafidain Bank... opening to international correspondence channels in preparation for a confident return to the global financial system." Well they haven't done that at 1310. Do you think for the life of yourself that they're going to do that at 1310? If they were why didn't they do it 20 years ago or in the last 2 1/2 years? ...The bank spells it out what they're about to do and where they're headed...The banking reform process is ready to return to the rightful position in the international financial system. 5-5-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is talking about killing the remaining 5% of cash for the black market. They're saying this will be turned over to the correspondent banks on June 1st meaning the end of the remaining 5%. This will put an end to the black market. FRANK: That 5% once it's extinguished, you got rid of the auctions, all the banks are well under control of the CBI, you are getting rid of the remaining 5%. Their economy is fantastic. There are contracts from here to the moon waiting to come in. We all know what everyone is waiting for...This is very good news.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-4-2025 Kaperoni Article: "Al-Sudani: Iraq is witnessing political, security, and social stability and an economic renaissance." 5-4-2025 Fnu Lnu Article quote: "U.S. Federal Reserve has stopped transferring funds to Iraq, citing concerns over potential manipulation and other issues...The U.S. Federal Reserve...urged Iraq to halt financial transactions in the Chinese yuan...The Federal Reserve has also been involved in managing the dollar auction system in Iraq, which has been exploited by money launderers and militant groups for years...fraud and misuse of funds have continued, raising further concerns about the integrity of financial transactions involving Iraq." This is the instability and corruption of which I have been speaking. I think expectations of an "Any Second Minute Now" RV/RI are misplaced...Do not be fooled. The train is far from the station.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-3-2025 Sandy Ingram Iraq and the United States are working closely behind closed doors. Behind closed doors the United States, IMF and World Bank have a lot to do with the timing of the float of the Iraqi dinar and Iraq's release from the shadow sanctions. 5-3-2025 Pimpy The only thing keeping Iraq back from having the exchange rate of $3.22 is Iraq...Sudani seems to be getting everything back on track. Keep your fingers crossed that no more things come in and interfere with the rebuilding of Iraq. Then you can start to see it, slowly but surely, rebuilding the value of its currency. Having a ton of foreign currency reserves helps. Having a ton of gold helps as well. 5-3-2025 Clare Article: "Maliki's coalition sounds the alarm: Iraq's financial situation is dangerous and salaries are threatened" PROPAGANDA COMING FROM MALIKI's State of Law Coalition IMO. 5-3-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us year ago that the black market would have to be killed first and now they keep saying the remaining 5% of the cash payment from imports will be handled by our banks not out in the black market...Thus this will put an end to the black market. 5-3-2025 Samson Article: "A representative reveals the reason for the government's withdrawal of tax funds: The US Federal Reserve has stopped transferring funds to Iraq." 5-3-2025 Militia Man Iraq is going to go to a global level and I think we all realize they haven't done it at 1310 to 1 US dollar. They're going to have a real effective exchange rate that has freedom of capital movement across borders...Iraq is ready to go. They're just now openly talking about it...I hope you guys are excited as 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 5-3-2025 Frank26 Article: "Government advisor: Linking national banks with their American counterparts provides a means for economic stability." There's going to be way more than just one bank that will be working with the CBI. More than one bank in America. I told you these banks, like Aki's, would be either inside of American banks or right next to an American bank or across the street from an American bank but very close to the perimeter because they'll be working together, in cahoots... 5-3-2025 MarkZ Article: “US energy giant inks $100 million deal with Sulaimani plant” this is GE and they are tripling its output. International baby! They are not signing these huge deals for nothing. 5-3-2025 Mnt Goat Article: “THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES” The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national 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 5-2-2025 Militia Man Article: "Iraq is in a prosperous era despite the difficulties or the international economy" Saleh confirms...the inflation index remained below 4% per year...In my view the data shows the Central Bank of Iraq has done a very good job with their reform program keeping inflation low which is a good component that does support if they have a revaluation of their currency. It is a component of that process. There's confidence. This is a testimony of it. Iraq has that security and stability that we've been talking about. 5-2-2025 Fnu Lnu I want to dispel the "intel" concerning the floor of sustainability for crude oil prices. The current budget calculated everything based on $40 a barrel. Iraq is in no way in the danger zone with $65 per barrel oil, however, it will definitely slow the pace to about half speed on secondary projects as the primary projects are progressing quickly and all secondary upgrades have been placed on hold. Iraq does NOT need a revalued Dinar to keep the work moving forward. 5-2-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says Alaq is the man. He was brought back to Iraq to run the CBI...And he was brought back to control the rate. He worked with Shabibi before his health went bad. Alaq knows the plan. FRANK: Thank you Mr. Sammy. I'm going to give in because you guys are there. He will release the new exchange rate therefore he's in control but he will release it when it is given to him. FIREFLY: That's why they [Parliament] have tried for so long to get Alaq out of his job. They know he's working on changing the rate. 5-2-2025 Mnt Goat Article: “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS.” This news is of course fantastic news, as it is showing us that Iraq is slowly getting back to normalcy and the final nail on the currency platform is done. We must think of why the currency auction was set up in the first place and know it had to entirely end someday. I believe this day is coming in June and this article in the news now shows us more proof of this effort.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-1-2025 Pimpy Be careful...You're not going to see the Iraqi dinar be above $5 per dinar. You're not going to see the Iraqi dinar at $4 per dinar. You're not even going to see the Iraqi dinar at $3 or more per dinar. Iraq's a country that's getting their crap together. They're well on the way of doing so but they're not quite there yet. They have a long ways to go. 5-1-2025 Sandy Ingram In response to currency pressures the State Bank of Vietnam or SBV has adopted a flexible monetary policy to maintain economic stability. The central bank has intervened in the foreign exchange market by selling foreign currencies managing liquidity...Additionally the SBV has shifted from a fixed to a floating exchange rate mechanism allowing the dong to fluctuate within a controlled range to better absorb external shocks. We can only hope the IQD will join the float option sooner rather than later. 5-1-2025 MarkZ [Reference Mnt Goat post 5-1-2025 this morning] I agree with that comment. Things can turn on a dime. There are a lot of historic examples of resets that happen suddenly. 5-1-2025 Henig Reuters Article: "Việt Nam to negotiate tariffs with US this week" Quote: "A Vietnamese delegation is scheduled to travel to the US on May 1 to engage with relevant US agencies for bilateral trade negotiations" 5-1-2025 Frank26 Article: "Baghdad calls on Washington to reconsider travel warnings, while the latter praises billion-dollar agreements." Iraq wants the travel restrictions lifted IMO because there's a new exchange rate coming. 5-1-2025 Fnu Lnu It is a time of uncertainty in the Middle East, so business continues to move forward for Iraq. Iraq is doing better than most all of their neighbors but to speculate that the RV/RI is at hand is a bridge too far. In all my research of late, there is no official position or stage of the RV being mentioned. There are still large upgrades happening within the banking sector and GOI and stability is all they talk about in everything I have read. We simply aren't there yet! 5-1-2025 Boots-On-The-Ground Maxis 1310 is the CBI’s official rate. I was able to purchase several million from the local [Iraqi] market for 1500 IDQ to 1 USD. 5-1-2025 Clare Article: "Government advisor: Linking national banks with their American counterparts provides a means for economic stability." Quote: "Salih, confirmed on Wednesday...the Central Bank of Iraq's efforts to link national banks with major banks and financial institutions in the United States, with more than one bank that enjoys international standing, is an important means of providing economic stability and improving the investment, trade, and development climate in our country..."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 4-30-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says...they are still hiding Article 12-2C because it's rate related for the budget. Keep watching what they do, not say. That can all be smoke screen. FRANK: Brilliant suggestion. 4-30-2025 Fnu Lnu Article: "Iraqi Foreign Minister Fuad Hussein departed for the United States on Thursday to take part in a series of bilateral meetings aimed at strengthening ties between Baghdad and Washington." There is no concern over monetary policies, currency revaluation, or the banking reforms. A foreign minister doesn't deal in the details of the nation but rather deals in broad brush-strokes and macro-geo-political issues. The reports of discussions of the RV simply are not supported by the available facts. 4-30-2025 Clare Article Quote: "As part of the national development plans, digital transformation comes at the forefront of the priorities for the year 2025...Asraflak, the national campaign to spread the culture of electronic payment in Iraq" 4-30-2025 Boots-On-The-Ground Maxis I am in Baghdad (Green Zone). A few of my guys [Iraqi employees] have [bank] accounts but they have not deposited their large notes until they are sure about the new lower notes and a revaluation. There are no consequences if they don’t [make a deposit]. The GOI has offered bonds but they are weary of these. They do expect a revaluation but all it will mean to them is cheaper prices on goods and services. Yes they are [excited about purchasing power] but they are getting frustrated about the delays. 4-30-2025 Militia Man Article Quote: ..."the country's massive financial reserves are one of the main reasons behind the improvement in the value of the Iraqi dinar against the dollar. We expect the dinar's value to continue to improve in the coming period." That' kind of a heads up without saying, 'Hey, we're revaluing our currency!' But they did say we expect the dinar's value to continue to improve in the coming period. 4-30-2025 Frank26 Article Quote: "The Governor of the Central Bank of Iraq told Asharq Al-Awsat: The project to remove zeros from the dinar is ongoing, but it requires withdrawing and replacing 100 trillion dinars from the market, and I do not expect it to be implemented this year." Whoa dude, thank you! That's a heck of a statement, self confession...This article is from a year ago. What they were saying a year ago, 'no we're not lifting the three zeros right now, we're going to complete it next year', that's right now! On top of that they're talking about 100 trillion dinars that are still out in circulation? No it's less than that! This article was sent out by the evil parliament to cause trouble so that the citizens say, 'oh no they're not going to lift the 3 zeros. It's still another whole year!' This is fantastic...ALAQ ADMITS 3 ZEROS LIFTING FROM THE 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 4-28-2025 Frank26 What do we need in order to come out with a new exchange rate? We need security and stability for the new exchange rate. 4-28-2025 Clare Article: "Trump: A deal with Iran is imminent without the need to drop bombs" Quote: "US President Donald Trump announced on Monday that negotiations with Iran regarding its nuclear program are proceeding well, stressing the possibility of reaching a "definitive" agreement without the need to use military force." 4-28-2025 Samson Article: US Secretary of State: A strong and stable Iraq is vital to the stability of the region." 4-28-2025 Militia Man Article quote: "US Secretary of State - a strong stable Iraq is vital to the stability of the region." I don't disagree with that. Iraq's role has always been somewhat of a mediator of the region and they're taking that place...The last two years, at least under Al-Sudani's watch, you can see the difference that's taking place. It's really powerful and effective. As investors in the Iraqi dinar...the information that we bring support that is probably a good investment. 4-28-2025 Fnu Lnu Vietnam has a rate of 25,575 VND to $1 USD and they are on FOREX and they are an economic powerhouse. BTW...they have no plans to RV either. 4-28-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Italy, France and Germany and many other countries are here signing deals. Mr Sammy says they also here to learn about the new digital platform. Asraflak is teaching not only the Iraqi citizens but those that are going to invest in our country that this digital platform that we are about to launch. They are training too. 4-28-2025 Clare Article: “The 25,000 denomination accounts for the largest share of banknotes in Iraq." Quote: "Al-Obaidi Mentioned in a post on Facebook The number of banknotes issued by the Central Bank during January 2025 amounted to 6 billion banknotes, with a value of 100.3 trillion Iraqi dinars, an increase of 4.7% compared to January 2022, when the number of banknotes issued amounted to 5.7 billion banknotes, with a value of 78.2 trillion dinars. [Post 1 of 2] 4-28-2025 Clare The largest increase was in the 50,000 denomination, which saw a 167% increase in circulation to 792 million banknotes, compared to 295 million banknotes issued in January 2022. The 5,000 dinar denomination saw a 22% decrease in circulation to 754 million banknotes, compared to 973 million in January 2022. The 10,000 dinar denomination also decreased by 10%, as did the 25,000 dinar denomination, which decreased by 1.65%...The 25,000 dinar denomination still accounts for the largest share of banknotes, accounting for 32%, followed by the 10,000 dinar denomination at 13.5%, and the 250 dinar denomination at 13.44%." [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 4-29-2025 MarkZ Article: In Iraq: “The Central Bank of Iraq indicates a decrease in the governments public spending” there are hidden gems in this one. This indicates a decrease in the issued currency to 100T dinar. Under Saadam Hussein there were about 20 Trillion dinar in circulation and the rate was about $3.20 or so. There are so many more assets in Iraq now then there were then. 4-29-2025 Mnt Goat Article: “AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.” ...we learn what's been holding up Iraq's full ascension to WTO. Yes it's all about the financial and banking reforms again. Are they now getting ready to announce 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 4-27-2025 Frank26 I want to exchange with Aki [Walkingstick's Iraqi bank manager friend in the US]. I'm going to exchange in many places. Not one. Never put your troops in one spot... 4-27-2025 Militia Man This is a time frame where Iraq is stabilizing their foreign reserves. They've increased their gold up to 163 tons of gold. We have assurances from the likes of Saleh, Al Sudani etc that they have a strong stable economy, they have a strong stable country with security and stability. Hence all the investors are flocking in. 4-27-2025 Clare Article: "Baghdad calls on Washington to reconsider travel warnings, while the latter praises billion-dollar agreements." Quote: "Hussein said, "The security situation in Iraq is good and represents an additional factor attracting foreign investment. Some European countries have reconsidered their security assessments in Iraq," 4-27-2025 Kaperoni Article: "Al-Nusairi confirms that the Central Bank's approach to banking reform and development contributes to accelerating Iraq's accession to the World Trade Organization." 4-27-2025 Sandy Ingram Iraqi Foreign Minister Fuad Hussein departed for the United States...to participate in a series of bilateral meetings to strengthen ties between Bagdad and Washington...We can only hope Iraq and the United States allow policies that include our physical banknotes. [We] are watching the meetings and news from reliable sources to gain insights on the protocol. Stay tuned, stay positive... 4-27-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Another person is on the news saying the oil issues with prices will have no effect o the budget at this time and would have to drop to $50 to even consider any issues. This is good news. Apparently they must have a new exchange rate. We in the streets are asking where's article 12-2C relating to the oil not being published yet because the moment they show that to us they're going to release the new rate. It's like they're still holding it back on purpose. 4-27-2025 Maxis My [Iraqi] employees all say that they watch the dollar rate every day, when it goes down their purchasing power goes up. They say the GOI keeps telling them to bring in their 3 zero notes but they don’t trust the banks. They will do this when the new value and smaller notes come out. They also say that all of these projects won’t start until this happens. The GOI does not have the cash (dinars) to fund these projects at the current rate because it’s all in the hands of the citizens and us...Sudani has got to make this decision. 4-27-2025 Fnu Lnu [Response to Bruce's 4-26-2025 Humanitarian Project Contract Rate post] Back in the beginning days of the Dinar phenom...I had a website...that debunked scams with hard research. I actually helped the FBI bust a few of the scammers. Among those scams was...Humanitarian Projects. It was a straight up scam where they took your Dinar, put them in a trust at an alleged "much higher" rate...They were quickly shut down yet somehow, the mythology is still swirling around. You can't just type up some sort of project then get more for your Dinar. There are NO humanitarian projects and once again, we suffer the foolishness of myths from days gone by...Your Humanitarian Project should be you and your family and use a Charitable Remainder Unitrust to reduce your tax obligation to 10% and not a dime more. [Note: Always know who you are dealing with when transacting with your dinar or any other currency. Also, consult your tax and financial experts at the appropriate time to determine the correct tax structure for your unique circumstances.] 4-27-2025 Militia Man Iraq has a private sector council now. It got started back in the earlier part of this month. Article: "Starting developing plans and strategies to boost non-oil revenues" That's going to be part of the backbone of Iraq is going to be the private sector. Boosting non-oil revenues is going to do many things but it's also going to help support the value of Iraq's real effective exchange rate. 4-27-2025 Clare Article: “High-Level Iraqi Delegation Holds Talks with the World Bank and IMF in Washington" Quote: "According to a statement from the Ministry of Finance...Finance Minister Taif Sami Muhammad, Central Bank Governor Ali Al-Alaq, and their accompanying delegation participated in the annual Spring Meetings of the World Bank Group and the IMF held in the U.S. capital...The Minister and the Central Bank Governor further participated in the ministerial meeting chaired by IMF Managing Director Kristalina Georgieva, attended by finance ministers and central bank governors of IMF member states." 4-27-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Kuwait is now here in Iraq. We know their rate is around $3.30 so why would we be doing deals with Kuwait at a program rate of 1310? Mr Sammy says...there has to be at least bottom numbers or a range of what the rate will be for all these companies and countries here signing deals. FRANK: IMO all these companies coming into Iraq have a memo of understanding but not signed contracts, which is a big indication that we're still waiting for the new exchange rate...Kuwait...is another indication that the world knows the truth about the monetary reform of the Iraqi dinar...Everyone is preparing for it IMO. 4-27-2025 MarkZ Articles in Iraq are saying they have completed everything for the ascension into the WTO…and they are in the final stages right now. From the press in Saudi Arabia we have been told Iraq has definitely finished everything necessary for their World Trade organization ascension. They have done all the work shops etc…and now many believe they are doing the final steps right now. Its kind of wild that we have not heard anything for awhile...and now they seem to be in a “mad dash” to get it done. 4-27-2025 Mnt Goat Article: “SPEAKER OF THE ARAB PARLIAMENT TO AL-SUDANI: BAGHDAD IN REALITY IS COMPLETELY DIFFERENT FROM THE MISLEADING MEDIA IMAGE.” Quote: "...Arab Parliament Speaker Mohammed al-Yamahi on Sunday. The speaker emphasized that the reality of Baghdad differs sharply from the “misleading and negative images” I have been telling everyone your perception of Iraq today may be stuck on one from thirty years ago. As investors we have to rise to the occasion and see reality. Iraq has changed so much in just the last couple years. If this progress continues all the prophecies about Iraq are going to come to fruition. 😎
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 4-21-2025 Samson Article: "Trump administration: We have made very good progress in nuclear negotiations with Iran" 4-21-2025 Militia Man Article Quote: 'Investing in strategic minerals such as thorium could generate returns comparable to oil as thorium is cleaner and more important alternative than uranium. Linking the value of the national currency to invest in the minerals depends on Iraq’s ability to enter valued added chains which contribute to raising the gross domestic product…This boom in mineral investment will positively impact fiscal and monetary policy by enhancing monetary stability.' That’s what they want, monetary stability…It’s kind of a long article but it’s fascinating. Linking the value of the national currency to investment based off their natural resources I think is quite simple to understand … The expectation is Iraq will have a real effective exchange rate and open up and integrate into the International financial system. 4-21-2025 Frank26 I believe it's implemented. I believe they're using the new exchange rate. I can't prove it to you...but based on what I read...At 1310, 2 + 2 = is not 7. 2 + 2 is 4. These articles, this is logical. This is the truth. They're telling you what they're doing, what they're going to do. They're telling you how they're protecting the new exchange rate from parliament. 4-21-2025 Mnt Goat Article: "SALEH: THINGS BETWEEN BAGHDAD AND ERBIL ARE MOVING TOWARD A BREAKTHROUGH, AND EVERYONE IS TALKING ABOUT A SOLUTION." Quote: “The situation is heading toward a thaw, in light of the ongoing meetings and discussions between the federal government and the regional government, in the presence of the federal prime minister, his counterpart in the region, and the oil minister,” Could they finally get the Oil and Gas Law passed? 4-21-2025 MarkZ This is another one we were told is big news: Article: “Parliamentary Security: Restructuring of controls has hit its final stage” they are removing some checkpoints at borders…and adding others. They have to control their borders. Especially their financial borders. Controlling the borders is important before releasing the RV.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 4-20-2025 Militia Man Those that are out there that believe this was a scam, you’ve been told it’s a scam and those not invested, they’re going to have a rude awakening…It’s going to be a horrible one. I think a lot of people are gonna be really bummed out because of this event. It’s not just about Iraq. It’s about all kinds of countries and it’s a really big deal and a complex. 4-20-2025 Frank26 What's going on right now? We seek security and stability for the new exchange rate. That's it. Do we seek the budget? Well, only if it has a new exchange rate. If not, you can just see the dog-on-thing, I don't want it. Do we seek the contracts? Only the rewritten contracts with the new exchange rate in it. Other than that I don't care about your 'memo of understanding' or anything else. Do we seek the HCL? What good does it do you you don't have an exchange rate...We're waiting for the new exchange rate. Everything waits for the new exchange rate. And how are we going to get it? ...Iran, deal or no deal? 4-20-2025 Clare Article: "Iraq ranks first in the world in terms of the concentration of natural resources within its territory" Quote: "PM’s financial advisor, Mudhher Muhammed Salih, confirmed on Friday that Iraq ranks ninth globally among countries rich in natural resources, pointing to a movement to invest in strategic minerals as the revenues of which are comparable to oil...the discovery of large quantities of thorium and uranium in southern Iraq represents 'strategic news' that will have a significant impact on diversifying the national economy if optimally exploited, especially if linked to the investment policies associated with the Development Road project." 4-20-2025 Samson Article: "Estimated at $16 trillion, government advisor: Iraq ranks first in the world in terms of its concentration of natural resources" 4-20-2025 Militia Man Article Quote: “Iraq is a very wealthy country with in group resources.” It’s phenomenal especially because of her size. Quote: “…estimated at $16 trillion. Government advisor Iraq ranks first in the world in terms of its concentration of natural resources.” It’s not a very big country but the wealth it holds is massive. It’s based off of concentration. It’s the largest in the world. So people that think this is a scam, you’re gonna have a rude awakening. 4-20-2025 Frank26 140 = HCL = New Rate? What is Article 140? Census...What you need is Article 140 to release the HCL and then in order to get the right exact amount you need a new exchange rate...That's the talk of the town in Iraq. 4-20-2025 Sandy Ingram Beyond excited...This news simply could not wait, it's pretty astonishing. It was hidden on a trusted Arabic news blog Westerners know little about. According to Mudhher Muhammed Salih, who is the prime minister's financial advisor, Iraq ranks first globally in the concentration of natural resources per square kilometer, while Iraq comes in 9th worldwide in total natural resource wealth - estimated at over $16 Trillion...What this means is the Babylon area down in the southern Iraq is worth billions of dollars...We knew Iraq was floating on oil that hadn't even been discovered yet but honestly we were not aware of all the additional natural resources. This is beyond good news...Iraq is wealthier than we realized.