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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 5-24-2025 Sandy Ingram Iran to share nuclear technology with Iraq. It is believed the United States will drop Iraq into despair over the leak of US dollars into Iran and Syria. Be prepared, this could get ugly for the Iraqi dinar exchange rate. The US government is insisting on a breakup between Iran and Iraq mostly because the finances are blurred. 5-24-2025 Frank26 The monetary reform is biting and kicking and scratching but it's put in the position so that as soon as the gates are open, woo, everything just explodes! That would be the contracts, all the investors that are being put in position so that once this blessing occurs boom! They take off at the speed of light. 5-24-2025 MarkZ We...have Article: “US Department of State Secretary Rubio and Barzani at Friday 1:30 pm est and 8:30 pm Erbil” they met in the US and they had two different meetings I was told. It was hailed as a “breakthrough” for oil to start flowing from that region and for them to settle all disputes between Baghdad and the Kurdish region. I was told over a decade ago that when those two came together - we would see a change in value of the dinar. That is why I watch this. 5-24-2025 Militia Man What Iraq's going to go through is going to be a massive event. It's obvious they're transitioning from a paper society to a digital society. It's very important that there's acceptance with the public. A revaluation comes into play... 5-24-2025 Pimpy Question: "Where can somebody exchange? Banks refuse to touch [Iraqi dinar]." I would look for people who do currency exchanges like international airports. For travelers there's places that sell currency and buy currencies where you can exchange it. You just have to look it up. But, yeah, most banks won't touch it at the moment. I can't find one around here but an international airport most likely would do it for you and some people have currency exchanges in their shopping malls. 5-24-2025 Clare Article: "PM Barzani, US Treasury Official Discuss Financial Reforms in Washington" Quote: "Kurdistan Region Prime Minister Masrour Barzani met with U.S. Deputy Secretary of the Treasury Bradley Smith in Washington...to discuss ongoing financial reforms and digital modernization efforts by the Kurdistan Regional Government (KRG)." 5-24-2025 Frank26 The CBI came out last night and told the citizens of Iraq, 'we know you got 90%-93% [dinar hoarded under your mattress]. We know that...Security and stability used to be the problem. We got that. Now you're the problem Iraqi citizen...We want you to bring in your 3-zero note. When you do, deposit them in 'My Accounts' - they'll be safe and secure. Then when we raise the value of your currency, boom, automatically they are adjusted and you get credit for what you had...We want to become a digitalized nation. Bring them in for crying out lout. We have 'My account' established for you.' That's where we're at. The CBI knows very well what they need in order to release the new 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 5-23-2025 Clare Article: "US warning of Tehran's influence on Baghdad's relations with Erbil" Quote: "Secretary of State Marco Rubio's statement regarding the rise of Iranian influence in Iraq, which he considered 'a serious threat to American interests,' has raised concerns about the US turning its back on Iraq to deal with it according to a new relationship that does not rule out taking 'necessary measures' against the country. In testimony before the US House Foreign Affairs Committee on Wednesday, Rubio stated that Iran's influence in Iraq has clearly increased and has seeped into the joints of the government, posing a serious threat to American interests. US Secretary of State Marco Rubio affirmed in his testimony before the US House Foreign Affairs Committee that Iraq must respect the autonomous entity of the Kurdistan Region and must also commit to respecting American companies operating there." 5-23-2025 Pimpy What we want to see happen is Iraq to change their exchange rate but leave the zeros on the banknotes. That's what we want. That's how you make your money. If you're going to be rich that's how it's going to happen. All of a sudden, you wake up one day and for whatever reason Iraq has decided to change your exchange rate to $3.22 without removing the zeros. Boom! ...Get that money... because that's the only way you're going to make millions based on all the studying I've done of redenominations and revaluing throughout the histories. And Now - Some Nonsense..! 5-23-2025 MarkZ Comment: I hear banks are getting ready. Mark: I have heard that as well…and makes me feel good. Comment: I think it could go anytime now. Mark: That is what I hear.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-23-2025 Pimpy Community Comment: "You have always said a 25,000 dinar note is going to be a 25 dinar note. Not here. In country only." Pimpy: I never said 'it's only in country only'. Whenever a country changes its currency, it's worldwide. Whenever they're changing their exchange rate it's worldwide. This isn't just 'in country'/'out country'. That's bull ****. 5-23-2025 Nader From The Mid East Article: ...The vast 'leakage' of cash poses a serious challenge to the country's financial stability and long-term economic growth...Saleh...stated the hoarding of cash...has reached critical levels...91-92 trillion dinars are currently outside the banking system...driven by public distrust in financial institutions."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-23-2025 Mnt Goat Article: “46 IRAQI BUSINESS LEADERS PARTICIPATED IN THE INVESTMENT SUMMIT IN WASHINGTON.” ...The US Embassy in Baghdad said in a statement Quote: “A delegation of 46 business leaders from Iraq, including the Kurdistan Region, arrived in the United States to participate in the annual Select USA Investment Summit, which was held in the Washington, D.C., area from May 11 to 14.” So, does the US want to help move Iraq along? Has the U.S. under the Trump administration changed it’s foreign policy to one of strong leadership to help move the reforms ahead in Iraq? It certainly appears that way. The time of the reset is nearing. They must now move this along.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-22-2025 Clare Article: "Iraq: Concluding Statement of the 2025 IMF Article IV Mission" Quote: "An International Monetary Fund (IMF)...met with the Iraqi authorities in Amman and Baghdad during May 4–13 to conduct the 2025 Article IV consultation...A highly uncertain global environment, falling oil prices, and acute financing pressures, are taking a toll on economic activity and exacerbating Iraq’s existing vulnerabilities, calling for urgent measures to preserve fiscal and external stability. [Post 1 of 2] 5-22-2025 Clare Article quote continued: "Building on recent progress, the Central Bank of Iraq (CBI) should continue modernizing the banking system...The mission commended the CBI for the successful transition to the new trade finance system. Trade finance is now fully processed by commercial banks through their correspondent banking relationships. This has also supported the recent decline in the spread between the official and parallel market exchange rates. Nonetheless, further efforts are needed to further reduce the spread, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying FX access." [Post 2 of 2] 5-22-2025 Pimpy People say, I don't think this [$0.76] is where the rate is going to be. I agree. I don't think that's where the rate's going to be either. It might when we first start but I don't think it's going to stop there...$3.22, is that possible? Yeah that's possible. I don't deny that. But $3.22 is not going to be times this denomination [25,000]. It's going to be times this denomination [25]. They're going to have the $3.22 rate. I agree with you. But after they delete the zeros, not before...I'll take the $3.22 rate even if they take the zeros off. Me too Pimple..! At least that's almost 3 x my investment.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-22-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: 'My Account' [card] is going to help to retrieve the 3-zero notes. They've been talking about it a lot. The 3-zero notes are a big issue. It would not be an issue if it was staying at 1310. FRANK: That's a good way of putting it. You wouldn't be collecting 3-zero notes if you were staying at 1310. 5-22-2025 MarkZ They are hoarding it [dinar] for a couple of reasons. Lack of trust in the banking system and expectation of a higher value. 5-22-2025 Samson Article: "Kurdish party: Iraqis will benefit from oil revenues after the approval of the oil and gas law." 5-22-2025 Sandy Ingram Iraq is seeing a massive $87 billion surge in foreign investment. This signals soaring global confidence in Iraq's economy...Iraq's economic plans are ambitious, investing in the development road project, natural gas, petrochemicals, tourism and agriculture ...Foreign investments are key to increasing the value of the Iraqi dinar. Iraq is not just rising economically but diplomatically too. On a scale of 1 to 10 this is a solid 7 for good news.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-21-2025 Kaperoni Though many people feel that they haven't seen any results, significant improvements in Iraq include the central bank's efforts to transition to digital. The two-year plan to integrate the banking system with the global financial system is a critical step. 5-21-2025 Militia Man Article quote: "We are expecting a strong and robust economy with GDP growth of 5.3%...The giant strategic projects planned through 2028 confirm Iraq is on the verge of a major economic renaissance." That is a big increase... 5-21-2025 Frank26 IMO things are happening and moving very fast. Has an awful lot to do with Donald Trump. Nothing against Sudani but he was just slow because he's surrounded by a lot of issues that cause him to think twice...The banks are sharing information in Iraq the same way American banks are now sharing information with us. 5-21-2025 Pimpy Community comment: If the Iraqi government do something like deleted the zeros and devalue the 25,000 bank note down to 25, IMO this will hurt the trust of Iraqi government because they allowed the sale of the dinar understanding that this was an option in recuperation towards the Iraq government economy." The Iraqi people don't give a **** if you bought their currency and invested in it. It doesn't look bad on them. The Iraqi government didn't make any promises about the Iraqi dinar...If you took that gamble, that's on you. [Post 1 of 2] 5-21-2025 Pimpy I would call it a devalue because they're not devaluing. All they're doing is changing the way the bank notes look. So instead of 25,000 dinar, you now have 25 dinar. That's the nominal value. That's just the way the note looks...It's not being devalued, it's still the same...Right now the exchange rate on 25,000 dinar is .00076...you get $19. When they delete the 3 zeros off the bank notes...they're going to take the 3 zeros off the exchange rate. So now it's going to be 25 x .76 which comes out to $19. The value of the dinar stays the same. The bank note, the nominal value, is the thing that's going to change. [Post 2 of 2] 5-21-2025 Fnu Lnu Article quote: "A recent audit and monitoring of company practices revealed that some exchange firms have been charging citizens a commission of 50,000 dinars for purchasing dollars, double the amount stipulated by official directives." This is exactly what I'm talking about when it comes to honesty in Iraq. They would rather steal a dime instead of earn a dollar. Theft and cheating has become a way of survival in this country, unjustly accused and excessively punished. It has been two generations since the Iraqis have known normal and everyone tries to best the system. They are not ready to RI/RV the currency until practices are uniform and legit.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-21-2025 Fnu Lnu I believe they will make the shift into a value added currency however, I also feel this will come after the Digital transformation has been completed and all ancillary hardware and software has been installed and training completed, and global oil prices have increased. 5-21-2025 Clare Article quote: "Economic expert Safwan Qusay concluded his remarks by stating that the government is serious about generating revenue from all sectors as part of a future development plan, noting that financial reforms and Syria's exit from the black market have contributed to reducing pressure on the dollar, predicting that its price will continue to decline to 132,000 dinars per $100."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-20-2025 Frank26 Question: "Won't the black market get away when they raise the rate?" No! The black market will be annihilated. There won't be a need for the black market. The black market is there because they're trying to rip off the Iraqi citizens. Once you have an established exchange rate, no. 1310 is not established. It's a program rate. 5-20-2025 Fnu Lnu Article "The National Investment Commission (NIC) has announced that over 130 fully approved investment opportunities will be presented at the Iraq Investment Forum..." Events like this have become commonplace with the IBBC and NIC event scheduled for mid-June. These promoters bring the most prestigious corporations to the world. This Summer is going to be a hot one when it comes to International trade. It should be noted that these companies care not what the exchange rate for the Dinar might be. It is a simple calculation. 5-20-2025 Mnt Goat The TRUTH is the in-country RV and the Project to Delete the Zeros has not yet happened. The reinstatement back to FOREX has also not yet happened...If we look at all the VERY GOOD news today we can see the writing is on the wall. We are getting very near to this event. 5-20-2025 Pimpy Delete the zeros question: "If they increase the value compared to the dollar, say the exchange rate goes from 1 dinar worth $3.00 then my 25,000 dinar now 25 would exchange for $75?" Once they delete the zeros, yes, your 25,000 now become 25 and if it's an exchange rate of 3 to 1... 3 x 25, your 25 dinar would now be worth $75. That's correct.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-21-2025 Clare Article: "Net foreign assets at the Central Bank of Iraq decreased" Quote: "The bank said...the net foreign assets of the Central Bank for the month of January 2025 amounted to 128.97 trillion dinars, a decrease of 1.41% compared to December of last year, which amounted to 130.180 trillion dinars, and a decrease compared to January of last year, which amounted to 140.77 trillion dinars." 5-21-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says our foreign reserves have fallen to $100 billion from $110 billion...We'll make that up next month. But they say we are still very safe and stable with our reserves and secure.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-20-2025 Fnu Lnu There are no back screens, redemption centers, alternative rates being offered to special people. Stay calm and all will be revealed. 5-20-2025 Pimpy Article: "Prime Minister's Advisor: Baghdad summit took place regularly and Iraq regained its leading role" This is an important place for Iraq. They once were the lead over in the Middle East and it looks like they're regaining their spot. There are big things coming for Iraq and Iraqi people all tied into the economy. I'm looking forward to seeing Iraq grow. 5-20-2025 Militia Man Article Quote: "There would be an announcement of economic initiatives that would have a development impact on all countries..." If you change the value of your currency and you start swapping currencies with others, I think it's going to have an impact. When they have the ability to adjust the value of their currency, they're going to have all these countries that will be impacted, on the same page and at the same time. I believe the summit set that stage because of their approval. 5-20-2025 Frank26 IMO all the groundwork...fundamentals, everything that is needed in order to bring forth the new exchange rate is here. It's established. It's been established. The new exchange rate of the Iraqi dinar is being protected by the Gazette Article 12-2c. 5-20-2025 MarkZ There are some interesting articles out of Iraq...One of the articles says they are outlawing militias. Parliament is working on the Popular mobilization law which folds the militias that fought against Isis into and under control of the Iraqi military. I was told this was a sticking point with the Trump Administration and also with the Chinese elders to make sure Iraq was secure before they pull the trigger to change the rates. I was told...This is one of the last security issues that was needed…Seems like everything we needed is finally coming into fruition. 5-20-2025 Mnt Goat I have been told years ago and this still holds true today that when the CBI is ready to conduct the Project to Delete the Zeros in-country, we will not have to guess or spread rumors about it. It will come out in the news...as all Iraqi citizens must know about this event and will know. It will be common knowledge. There is no hiding it. For us investors this is our que to know that of what comes next, the reinstatement.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-19-2025 Sandy Ingram BP is helping Iraq's economy grow. Their investments are creating jobs and bringing in money. This is goodness for the Iraqi dinar. When the economy is strong the currency usually gets stronger too. This means people in Iraq can buy more with their money. It also makes Iraq more attractive to foreign investors. As investors we are looking for more foreign investments and safety for these investors. We are also looking forward to a time when foreign countries need billions more IQD to ship goods from the Gulf to Europe. These are factors that will drive the value of the IQD up. 5-19-2025 Frank26 Question: "Will each day after the RI see the rate go up?" Wouldn't that be great if it did! In the beginning it's going to have an accordion affect. That 'accordion time' is going to compress time. There will be a lot of...short increases along the way. You'll watch it. You'll follow it. You'll find the rate that you want and you'll exchange. 5-19-2025 Fnu Lnu Article: "President Abdul Latif Jamal Rashid and Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, met at Baghdad Palace to discuss economic reforms aimed at strengthening Iraq's financial sector and...emphasized the importance of modernizing the banking system." If Iraq were secure and stable, why would they be having these meetings? If the banking sector were up to speed and ready to rock, why are they discussing modernizing the banking systems? Short answer, they wouldn't! The issues surrounding Iraq aren't all that complicated...trust is running at an all time low. 5-19-2025 MarkZ this weekend was the Baghdad summit and they have made lots of deals. Someone from Nato is meeting with Sudani and they are looking at Iraq like they are truly international. They just need the last of the restrictions removes so they have a fully international currency. 5-19-2025 Pimpy You got to understand when you're dealing with exchange rate, it's global. Because people are making trade with them. There's no 'in country' rate, 'out of country' rate. It's the same, period. Once they make that change that's what happens.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-18-2025 Frank26 Article: "Trade Bank of Iraq wins JP Morgan Chase’s STP award" JP Morgan, you messing around with the Iraqi currency and you're doing direct foreign transfers with the Iraqi dinar? Yeah...Didn't you [Chase Bank] tell me that it's a scam? The currency is a scam? The monetary reform, everything's a scam? Why are you scamming yourself? Why are you doing this? Because it's no secret anymore. We don't need to pretend anymore. 5-18-2025 Pimpy As you can see over in Syria the people celebrated throughout the night. Trump lifted all sanction off Syria. He's trying to bring peace to the Middle East...He seems to be doing not only a great job but a very supportive job...Trump is...promising the region prosperity if they agree. He's got these countries...that support Iran are telling Iran, 'You need to get your **** together dude. We want prosperity. We're tired of all the fighting. We want peace in the Middle East.' It looks like Trump is going to get his way...If you can avoid conflict, you understand how much prosperity would be there? Countries would grow economically. These people would have stronger currencies, more economic growth...And this includes Iraq. 5-18-2025 Militia Man ...The summit took place yesterday. They talked about approvals...integration...a lot of different buzz words that show Iraq is ready for investment for the private sector. For that to happen we believe there's going to be an interconnectivity to the global financial system. They haven't done that at 1310. But they are expected to have a real effective exchange rate at some point in time. 5-18-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Syrian debts to the World Bank which is about $15.5 million was just paid off by Saudi Arabia and Qatar. Your president is gone but the shadow that he's casted over the Middle East is causing peace all over the place. 5-18-2025 Mnt Goat ...one huge obstacle is still Iran and this issue must be resolved. Remember that the U.S. has to sign off on the reinstatement of the IQD to finalize the process...At this point it shows that goals have been accomplished and its time to reap the benefits.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-19-2025 Mnt Goat Article: "SWIFT AND THE US FEDERAL RESERVE PUT IRAQ AT THE MERCY OF THE GLOBAL ECONOMY" Quote: "Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system" WOW! ...Although this may seem like a negative statement this is actually an all-telling concept in just where Iraq now stands in the global arena. If they are going to go international with their currency there will be vulnerability. They are no longer isolated and under the sanctioned post-war process so of course they are going to be more “vulnerable to global economic shocks”. I also believe this is setting the stage for the IQD for a future float, which comes only with the new basket of currency for a new peg.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-19-2025 Walkingstick Yesterday they made a statement at the Baghdad summit. This Baghdad summit is a stage IMO to show off to every that is interested in the potential of Iraq's future. Not right now, but as soon as they release the new exchange rate...Sudani...said Iraq is a Recovered nation. They have a recovered monetary reform... monetary policy... investment opportunity... recovered their banks... infrastructure... They have recovered 1310 and in doing so IMO have a recovered exchange rate. This is part of the recovery to say to the world and Iraqi citizens that the recovery of their monetary policy was successful. 5-19-2025 Militia Man Article: "The Baghdad summit took place regularly and Iraq regained its leading role" I like that title because it's leading role. It's regained its place in the regional arena. That's good...Saudi Arabia, UAE, Qatar, Egypt, every single one of those are trading partners. They're going to have an impact when Iraq does a revaluation of their currency. They have to have synergy/synchronization...It's going to be a powerful move when Iraq does that [rate change]. 5-19-2025 Frank26 Enough is enough. They know. You know. All the conventions and committees that are occurring especially in the Middle East, they know. The whole group that's coming from Iraq over to Washington DC, they know. You know. You know who really knows? Iran. That was the problem from day 1. Long before you got interested in the Iraq dinar it's been Iran. That has been the sore thorn in the side of Iraq's economy..
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-18-2025 Kaperoni Article: "Prime Minister's Advisor: The Baghdad Summit proceeded smoothly and Iraq has regained its leadership role." 5-18-2025 Fnu Lnu Per the most recent annual report finals issued in Q4 of 2024, Iraq HAS A REER of 1300 Dinars to 1 USD, and that remains unchanged for the past two years. Play make-believe if you wish, but it would be advantageous to at least consult the records of fact as they currently exist. Facts matter and rumors or mythology are just fun mental toys to play with. So, exactly what do you want to say Fnu Lnu..? Say it definitively..! 5-18-2025 Clare Article: “Trade Bank of Iraq wins JP Morgan Chase’s STP award " Quote: "According to TBI spokesperson Ahmed Al-Khazraji, this award is granted based on the amount of electronic transactions completed by the bank and the percentage of direct foreign transfers, as well as the level of compliance with JP Morgan Chase’s precise criteria. This recognition ranks the TBI among an elite group of banks that have been awarded for their direct transfer operations, with STP rates of 99.68 percent for the MT103 category of SWIFT payments."
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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 5-17-2025 Frank26 Things are moving at a very quick pace because of Trump and so is the monetary reform of Iraq because Trump is being successful bringing security and stability to the Middle East, to Iraq, for the monetary reform to reveal with confidence...the new exchange rate. 5-17-2025 Sandy Ingram In Iraq many people don't trust banks. They feel it's safer to keep their money in their homes...This fear is causing a serious problem for Iraq's economy. Out of 105 trillion Iraqi dinars in the county only 20 trillion are actually being used in the market...This means a lot of money is just sitting and doing nothing to help Iraq grow. This is not counting the IQD banknotes in the United States and other counties. One solution that eliminates all of the Central Bank of Iraq's problems is to create an entirely new currency. They would give people a window of time to exchange the old banknotes for the new currency. This solution would take care of the hoarding of cash and the billions in IQD banknotes in other counties. We must be prepared for this possibly scenario. 5-17-2025 Fnu Lnu Article quote "Recent figures reveal that only 20 trillion Iraqi dinars are in actual market circulation out of a staggering 105 trillion dinars in total monetary volume—a sign that Iraqis are overwhelmingly choosing to hoard their savings at home rather than invest or deposit them." This is NOT stability nor is it security...There is a liquidity shortage afoot and though a digital Dinar along with a stable coin could greatly improve this situation, those are not a done deal yet either...There will be no currency revaluation for the current, foreseeable, future. Relax, it's coming soon but that means "Iraqi Soon" not "American soon". 5-17-2025 Militia Man If you're going to buy 160 jets...do all these different things for military or for businesses, invest in AI and all these different sorts of things, if your currency goes up and you're going to [buy] it in dollar terms, it costs them less Real, less Jordanian dinar or less Iraqi dinar to pay off all that stuff. 5-17-2025 Frank26 FIREFLY: The television is saying that this summit that is occurring in Baghdad will attract over $30 billion in investments for Iraq. What's that going to do to our new exchange rate. We have Husani on TV also Channel One that this summit shows the whole world that Iraq is now safe and stable and secure to all the world. Just having this in Iraq is a victory. FRANK: That's the whole ball of wax. Give them security and stability and you've got the new exchange rate. Give me security and stability and you got the HCL. 5-17-2025 MarkZ Article: “Rolls Royce offers a dealership in Iraq” first one in over 120 years there. It will be in the Erbil region. I think this is telling us they are expecting a lot of very wealthy people soon in the area. 5-17-2025 Pimpy If they're going to delete the zeros off their currency, which is the bank notes...that's a redenomination. So a 25,000 dinar now becomes a 25 dinar and it will look different than the bank notes that are currently out there. That's what a redenomination is. 5-17-2025 Mnt Goat Perhaps the best word to describe the news for today is “climax”. Having the privilege of holding the Arab Summit in Iraq alone shows prestige and honors from the Arab community. This climax is in part from all the reforms necessary to satisfy their plan laid out in the White Paper implementing the Pillars of Financial Reform. All this investment money pouring into the U.S. and Iraq from the U.S. is nothing but amazing. Remember I always asked the question as to when will the U.S. finally step up and realize the investment potential in Iraq. Well…now is the time under President Trump.
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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 5-14-2025 MarkZ We have 47 entrepreneurs and business leaders participating in the select USA investment summit right now. There are a lot of Iraqi business people here in the US. They are cutting deals and building partnerships between the two nations for opportunities, manufacturing and tourism. This is international and prosperity. If they are going to be international, they need a truly international currency. 5-14-2025 Militia Man The country of Iraq is talking about global output...You'll be surprised how impactful that's going to be in the country of Iraq because they're going to take advantage of inputs and outputs. They're filthy rich with natural resources. They told us the other day what? 16 trillion in just two rare earths. 16 trillion! That's not including oil, gas, tourism, any of that...The currency is at what?!?! 5-14-2025 Clare Article: "Ministry of Oil: Iraq is floating on a large and inexhaustible oil and gas reservoir." Quote "Iraq is floating on a large oil and gas reservoir from north to south, and it will not be depleted from now on and for a very long time."
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-14-2025 Mnt Goat ... the rise of the dinar against the dollar continues. Many economists believe that the rate of the dollar will SOON be equal to the “official” CBI rate of the dinar. Does this sound like 1:1 to you? Let’s break it down. So, if the dollar on the parallel market does reach 1320 that’s 1320:1320, is it not?...Is this not the same as 1:1?...“WOW! WOW! WOW!” Do you see now why I have been placing so much emphasis on this parallel market? Heck, it was not me alone but the CBI too, of course with the efforts from my CBI contact. “WOW! WOW! WOW!” 5-14-2025 MarkZ Article: “Swift and the Federal Reserve put Iraq at the mercy of the global economy” this points out that Iraq is now “International” Comment: International requires an RV. Mark: We are waiting for that announcement.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 5-13-2025 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.
