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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-9-2025 Jeff They've got to change the rate before the new budget amendments can get approved and implemented...they're preparing the budget to come forward, potentially at the start of August... It's very simple... We'll see on that. We don't know that for a fact. That's opinion. But a lot of this has to do with accounting periods and the timing of the rate change. 7-9-2025 Frank26 Article "Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers." This is an insult. How dare you tell me Iraq is going to become the financial hub in the Middle East at 1310...Be...wise enough, astute enough...confident enough to know none of this is at 1310...You're smart enough, wise enough, savvy enough, you know what these articles are doing. They're telling you everything (Asraflak) about monetary reform without giving you a new exchange rate because if they give you a new exchange rate then they got to also give you the lower notes. Those 2 are as top secret as you can get. 7-9-2025 Samson Article: "30 Iraqi banks no longer deal in dollars" Quote: "3A news outlet obtained an updated list of licensed private banks in Iraq that have been banned from dealing in dollars." 7-9-2025 Militia Man Just for a sidebar, we remember ... there were videos out that showed Iraq was destroying perfectly good money. Many people saw this. I can't find it but the data that's out on the internet doesn't deny that it existed but you can't find the video. Maybe there's a good reason for that. 7-9-2025 Sandy Ingram One of the biggest concerns about Iraq's currency regarding a revaluation is the country has overprinted the money. Iraq's efforts to reduce the circulation of the IQD is excellent news. 7-9-2025 Frank26 The United States of America was never going to let Iraq have a powerful exchange rate for [the Iraqi] country while you had Iranian politicians in your country telling [Iraq] what to do. Things are different now...
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-8-2025 Samson Article: "Inflation in Iraq fell by 21% and financial stability indicators improved." 7-8-2025 Clare Article: "Construction begins on Iraq’s tallest twin towers in Baghdad" Quote: "Construction has officially begun on what are set to be Iraq’s tallest twin skyscrapers, a landmark 50-story project in the capital’s Al-Masbah district. Foundational work, including the pouring of the towers’ piles, is now underway." 7-8-2025 Sandy Ingram The Central Bank of Iraq's gold reserves rose sharply in the first quarter of 2025. A statement from the CBI said gold reserves reached IQD 21.2 trillion, which is about $16.2 billion, an increase of 19%...held in the previous quarter. It added that gold reserves remains a vital component of Iraq's foreign reserves...The gold reserves do not include the over $100 billion in foreign reserves held in Iraq's accounts in the United States. 7-8-2025 Walkingstick [Iraqi bank manager friend Aki update] The bank [in Dearborn] is open. Question: "What is the main thing they are doing?" Transferring. They're getting ready because they know the Iraqi citizens are going to be transferring a lot. They can now, he's with Western Union. Question: "He's still waiting for the new exchange rate, huh?" That's all he's waiting for. 7-8-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The Untied States Federal Reserve still holds our oil reserves, our money, and this affects our economy and our exchange rate. FRANK: Yes, America is still holding on to your oil because we are protecting it. Executive Order 13303 has something to do with it. It's a good thing. It's not a bad thing. Evil pigs tell you it's going to affect your exchange rate of the dinar. Well, of course it is...but in a positive way. It's going to improve it. 7-8-2025 Militia Man The citizens have a national card for internal use in dinar. That's just like us in the United States. When you go buy a candy bar you buy some M&M's what do you spend? You spend dollars. These cards they use are reducing the note count which IMV...is something that will benefit in a time of a redenomination or a revaluation. I think in this particular case we're going to see something to the effect of drop the three zeros and then they will apply a real effective exchange rate. 7-8-2025 MarkZ Article: “The coming hours may witness the signing” This is about the Erbil/Baghdad oil agreements. There is a lot of back and forth right now. But articles are saying they have worked through the issues and signing is imminent. We saw this same kind of back and forth in Kuwait. 7-8-2025 Pimpy Article: "Iraq's inflation rate is declining and its goal reserves are rising, an expert explains" When you start backing your stuff up with gold things tend to get better...Gold is a safe store of value. 7-8-2025 Samson Article: "Iraq's inflation rate is declining and its gold reserves are rising, an expert explains." 7-8-2025 Clare Article: "An expert warns of the US Federal Reserve's restrictions on Iraq's financial sovereignty" Quote: "Economic expert, Diaa Mohsen, confirmed...Iraq still lacks independent economic decision-making due to the restrictions imposed by the US Federal Reserve on its funds, warning of the repercussions of the continuation of this situation on the country's financial sovereignty." 7-8-2025 Frank26 The politics of Iranian influence inside of [Iraq] is powerless now...The whole world knows that Iraq is under control and they know it because of what Donald Trump did. The whole world is celebrating and singing even in Iran. Obviously not the leaders but the people. You know. I know. The whole world knows the future of Iraq's economy and currency, that's why they're pouring into Iraq. Everybody knows.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-7-2025 Sandy Ingram Iraq is making quiet moves in the finance, banking and manufacturing areas. These moves don't look like much when you read about them...but when you tie it all together you see big progress...And you see a country that plans to outshine all the other countries in the Middle East. 7-7-2025 Fnu Lnu Article: "UAE-based venture capital fund EQIQ has announced a $3-million anchor investment in a new digital banking startup led by Iraqi-American finance veteran Hussain Qaragholi" Quote: "Qaragholi, founder of Phoenix Finance Partners, has held senior roles at Merrill Lynch, Citigroup, and Deutsche Bank. He played a major role in Iraq's $22-billion debt restructuring and sovereign bond offerings, and currently serves on RAND Corporation's Global and Emerging Risks Board." Sometimes you only get potatoes but other times you get meat with them. This is as meaty as it gets. However, stay grounded, Operative Words are NEW, START-UP, & FOUNDATION. When they say things like; scalable, customer-focused, digital services, this is a direct relationship with the new digital Dinar...This only applies to foreign imports and debts and not the domestic economy which will continue to use physical paper currency and payment cards like Qi, Mastercard, and Visa. 7-7-2025 Frank26 Did you see that President Trump sent letters. Were they letters or emails? I guess they were emails. We don't send letters anymore...To about 200 countries that he's trying to tell them play fair with your exchange rate against my dollar...President Trump sent an email to all of these nations...He says, 'Look, the only way I'm going to take those tariffs off is if you fix your exchange rate of your currency'...Vietnam says, 'Yeah, we can do this.' It worked. 7-7-2025 MarkZ There is really good news out of Iraq today…really good news. Article 1: “Kurdish delegation arrives in Baghdad to finalize oil export deal” This is HUGE news. It is expected to be finalized today. Tomorrow at the latest from what my contacts in Iraq are telling me. Article 2: “The Kurdistan region agrees to deliver oil to Baghdad, and final agreement within 24 hours” The news coming out of Iraq right now is fantastic. It looks like today is the day on this front. An announcement tomorrow is expected. [Post 1 of 2...REPOST] 7-7-2025 MarkZ Question: On a scale of 1 to 10 how sure are you we will get a new rate with the gas and oil law? Personally I’m sitting at an 8…There is a lot of key stuff coming together all at the same time...I am very cautiously excited at how close we are. You all should be jumping up and down in excitement. [Post 2 of 2]
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-8-2025 Mnt Goat Ali Al-Alaq in the CBI is working towards the monetary reform, we have the prime minister Al-Sudani working his magic in the direction of economic reform and his “pet” project of industrial cities. Article: “IRAQ PLANS TO RECEIVE 4 MILLION CONTAINERS ANNUALLY AT UMM QASR PORT.” WOW!...Umm Qasr Port in Basra is undergoing rapid development...Iraq is going to be a “clearing house” for the middle east. This means shipment from all over the world will land in Iraq and they be distributed to other countries. This means massive tariff and customs fees for Iraq. 7-8-2025 MarkZ Question: do you think Trump knows about the RV? I absolutely do…years ago he spent millions on Iraqi dinar because he knows it’s a good investment. As did Warren Buffet….I think he spent 14 million buying dinar.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-7-2025 MarkZ There is really good news out of Iraq today…really good news. Article 1: “Kurdish delegation arrives in Baghdad to finalize oil export deal” This is HUGE news. It is expected to be finalized today. Tomorrow at the latest from what my contacts in Iraq are telling me. Article 2: “The Kurdistan region agrees to deliver oil to Baghdad, and final agreement within 24 hours” The news coming out of Iraq right now is fantastic. It looks like today is the day on this front. An announcement tomorrow is expected..[Post 1 of 2] 7-7-2025 Jeff They have a lot of older steps coming forward very close to the timing of this new budget period...they're about to approve the budget amendments. Some of the long-awaited items they're waiting for do require the rate change and they do suggest they're about to come forward in very close proximity, maybe during the second half of July. 7-7-2025 Walkingstick There are a handful of devices protecting the new exchange rate...two printings in the gazette...12-2C... Council of Ministers...Sudani...Salaries that are being guaranteed to be paid to oil companies past and future...there's a budget protecting the new exchange rate. 7-7-2025 Militia Man Article: "Special representative of the Secretary General of the United Nations in Iraq...stressing the country has become open to foreign investments...The stability achieved in Iraq did not come by chance but is the fruit of collective will and precious sacrifices. Iraq distanced itself from the surrounding political problems...We only expect to see a strong and regional and global status for the country of Iraq." It's so true. Everything that's been happening...the last two and a half to three years has been utterly stellar. It's been phenomenal...It's a testament that Iraq is safe, secure and has sustainability. 7-7-2025 Frank26 Everything about the oil issue is agreed upon and not only agreed upon but is being implemented. If we get the laws...than that means the salaries will be paid immediately, no delay...It's now down to nothing more than a flip of a switch. Of course the Iranian politicians are angry. You can't steal digitalization currency...Sudani is in full control 100%...and Baghdad agreed to this. This is very very good.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-7-2025 MarkZ There is progress from Iraq...on HCL and Erbil gas laws. They are hopeful it will be finished this week. Big things happening over there. 7-7-2025 Mnt Goat The CBI is still moving forward at a fast pace to complete the monetary reform and follow Dr Shabibi’s plan of 2011. But the U.S. will have to let go and let it happen. This will end their control over Iraq…finally! The U.S. has said already they intend to sign-off with caveats.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-6-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: The United Nations Secretary General for Iraq came out and told the Iraqi citizens...that Iraq has become a banking powerhouse domestically and internationally...His name is Al-Hassan...This statement was actually made in May a few weeks ago and it's being made again. Why in the world would this guy tell the world, through the UN, that Iraq is a banking powerhouse? FRANK: It sure is getting exciting isn't it! 7-6-2025 Walkingtick Once the HCL is written into law, then we can see for Sudani to sign this agreement and one of the three presidents. 7-6-2025 Militia Man I really think everybody should be pretty excited with all the different things that we have. The laundry list is phenomenal, all the convergence is happening at the same time. The oil hasn't flowed. The salaries haven't been paid. The budget schedules haven't been exposed from '23, '24, '25 yet. But they're talking about having meetings and signing document to do the oil and pay salaries.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-5-2025 Frank26 Question: "Lost my receipt. Can't they tell [the date I purchased] by the numbers on the dinar?" No. The dinar batch number has nothing to do with your purchasing. Let me help you a little bit. You lost your receipt - Did you buy with a check? Then go to the bank and tell them exactly what month and week and they will get you a copy. Did you buy your dinars with a credit card? Then get a hold of the credit card company...You need the copy of the statement from that year and that month. Did you keep the envelope [Your dinars came in]? That's a post stamp on the envelope. That's a receipt. 7-6-2025 Fnu Lnu Article: "The Central Bank of Iraq (CBI) has announced the successful transition of external transfers from an electronic platform to direct operations by Iraqi banks through their international correspondent banks." Finally, we have some movement that directly actually applies to the furtherance of a monetary revaluation. This is the first real news in months now. Could they be back on track? Only time will tell. Remember that NO ONE has the date or rate. 7-6-2025 Walkingstick The INOC (Iraqi National Oil Company) is now in full control of the oil in Iraq. Kurdistan has agreed to all of this...That's is so important. There's no problems...fighting...arguments... discussions...Sudani is in full control of the oil of Iraq. That's it...Sudani wants the HCL for the citizens...for his reelection. 7-6-2025 Militia Man Al Sudani and his team have brought together what they suggest in articles is the salaries and the oil flow through the Cyan port...Is it coincidence that we had a new Big Beautiful Bill in the United States? ...I wouldn't be surprised in the interconnectivity is going to be part of that because we're talking about a lot of money on both ends. 7-6-2025 Frank26 It's fixed IMSO. I'm asking you to accept this. What's fixed? The exchange rate of the Iraqi dinar. And if it is fixed then that means that which was causing it not to be fixed has been fixed. That sounds like I'm going in circles...but as this evolves, it'll be put together...If we control the oil, we control the HCL, we control the exchange rate...It is fixed because it is digital and it is going in the right direction.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-5-2025 Clare Article: "Vietnam records 7.5% growth in the first half of 2025" 7-5-2025 Militia Man Iraq hasn't stopped. Even under the last two years we've had significant crisis...There was, 'skies falling', 'doom and gloom' was coming a couple weeks ago. Ultimately nothing stopped. 7-5-2025 Walkingstick Once you see the lower notes, you're going to see the new exchange rate. That's why you'll see the new exchange rate before you see the lower notes. 7-5-2025 MarkZ Article: “Controversy over the oil agreement between Baghdad and Erbil: Temporary soutions or an end to the export crisis” They believe the end to this crisis will be resolved this week. They have a schedule where they hope to start pumping this oil…for the oil and gas laws …including the rates...With the BBB being signed... by President Trump...and many thinking key things are in it for the reset, and Iraq finally getting the oil and gas law done and billions of gallons of oil pumping. Lots are coming together at the same time…a perfect storm…I think its all coming together for a reason. 7-5-25 Frank26 Isn't it fascinating that the new exchange rate is being protected by everything from the budget to the HCL to Gazette to Sudani? Everything you can mention is protecting the new exchange rate. Sudani himself is doing it because the new exchange rate is the prettiest girl in Iraq right now and everybody wants to kiss her. 7-5-2025 Mnt Goat My contact in the CBI has been placed back on the committee for the Project to Delete the Zeros. So, this tells us something...Are they deciding now what to do? Is it time? 7-5-2025 Pimpy Article: "Iraq's economy to grow by 4.1% in 2025" This is only the half way mark and they've already grown 4.1...We want Iraq to continue to grow. 7-5-2025 President Trump Quote: It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam...It will be a Great Deal of Cooperation between our two Countries. The Terms are that Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping. In return, Vietnam will...give the United States of America TOTAL ACCESS to their Markets for Trade. In other words, they will “OPEN THEIR MARKET TO THE UNITED STATES,” meaning that, we will be able to sell our product into Vietnam at ZERO Tariff...Dealing with General Secretary To Lam, which I did personally, was an absolute pleasure. Thank you for your attention to this matter! 7-5-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking to us about our national electronic payment card...does not eliminate the Visa or MasterCard for international use...Once again they are trying to teach us about the electronic payment system, the fact we are digital. This is very very good. Not very much to post today...RON
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-2-2025 MarkZ Article: “A new development in the payroll file” Today Kurdistan dues are awaiting federal government vote. This could be a huge move in settling the HCL, oil and gas law etc…which we keep hearing is a final step before values change. 7-2-2025 Mnt Goat Iraq keeps moving forward with their economy as in the Article titled: “IRON ORE EXTRACTION, SULFUR AND DRY GAS INVESTMENT…THE GOVERNMENT IS DISCUSSING TWO REQUESTS AND A CHINESE OFFER” The meeting was attended by representatives of several foreign companies...So, Iraq is just not talking about exploiting their mineral resources they are doing something about it to bring it to market. This is part of the economy moving away from the rentier economy. As investors we must stay focused. We can look at the Iranian / Israel conflict as holding things up, but for Iraq they keep trucking on and on. Al-Sudani stays focused on the objectives. Why? He knows that the SECRET to success is these industrial cities. He must get his country off the “rentier” economy.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-1-2025 Pimpy Article quote: "To find middle ground the US is pushing for the Iraqi government to send KRG salaries immediately...since the KRG is a key component in the US strategy to reshape Iraq, Washington doesn't want the region destabilized." That's the thing about these people over in Iraq, not getting paid for months at a time. Unbelievable. 7-1-2025 MarkZ Comment: So is it true the Dinar is on Forex and Bloomberg at this point? Yes still at 1310 but being up and live for the first time in 22 years would be an incredible preemptive step towards the RI and REER! Mark: I know there are lots of rumors out, and yes we have seen some crazy rates popping again overnight last night. A systems test of some sort? 6-1-2025 Samson Article: "Baghdad agrees to pay salaries to Kurdistan Region employees under temporary understandings" 7-1-2025 Sandy Ingram In June the World bank approved a $930 million loan for the Iraq railways extension and modernization project connecting Umm Qasr in the South and Mosul in the north. This investment will boost domestic trade, create jobs and reduce reliance on oil exports which is necessary for a revalue of the IQD. [Reposted]
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-1-2025 Clare Article: "The new Chief Justice of the Federal Court assumes his duties and thanks members for withdrawing their retirement requests." 7-1-2025 Frank26 The pin has been pulled IMO on the Iraqi dinar...Trump...is using the "idea" to play fair with currencies around the world. He's convinced many counties to talk to him about that subject. Things are moving pretty fast IMO. 7-1-2025 Militia Man There is a new [Iraqi] Federal Supreme Court President appointed today. Salaries are part of the '23/'24 tripartite budget, they haven't been paid yet. We also know the oil hasn't flowed yet. But all these things are at the table at the same time just like the Supreme Court President, all today, same time, fascinating. 7-1-2025 MarkZ I know 2 people (...one personally) who have Super Petchelli bonds - that have appointments later on today... Another with historic assets has traveled and is in place for the transaction. To walk in…trade assets and walk out with dollars. We are seeing real measurable movement. Questions: With all the sudden bond movement, what do you think that gives us a timeline for...us...Is this the week we have been waiting for? Mark: I hope so…seems like some odd things are coming together. The government and banks in Iraq will be closing on both Tuesday and Sunday this week. Banks say they are taking a “bankwide inventory”. This was announced unexpectedly. My people on the ground in Iraq are excited. This is a golden opportunity for a rate change in my book....IMHO..! 7-1-2025 Pimpy Article: "As the Israel-Iran War concludes, the U.S. Moves to Reset Iraq's Political Order" That guys that was in their Supreme Court that's causing all kinds of problems, he was finding cases in favor of Iranian-backed situations, causing a lot of tension in the Middle East, that person has been removed. One of the things I spoke about over the years is Iraq can never get their crap together because of the Iranian influence. If you can remove that influence, I really believe Iraq could flourish.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-30-2025 Sandy Ingram This is what is important. To obtain IMF Article VIII status a country must demonstrate that it maintains a freely usable and convertible currency and allows current account transactions to flow without restrictions. This means the country cannot impose controls or delays on international payments...The central bank must also avoid multiple exchange rates or practices...Instead it must commit to transparent market-based exchange rate policies and permit fair access to foreign exchange. 6-30-2025 Samson Article: "Preliminary agreement to launch trucking between Turkey, Iraq, Kuwait, Germany and Jordan" 6-30-2025 Frank26 The parallel market and the official exchange rate is rapidly closing...Once it reaches 1 to 1 with the pairing of the American dollar internationally it will be in position to float in an international basket with other currencies. 6-30-2025 MarkZ Question: Is today our day? Mark: that’s a heck of a question. I will tell you what I am hearing. I did get a bond update this morning which is unusual for a Monday morning. There are some folks with some “historical assets” that are very set with appointments and timing...buckle up folks. When it goes…we will also go pretty soon…I am upbeat but trying to stay calm. 6-30-2025 Walkingstick Trump shut down Iran with one single shot. That gave security and stability. That's why it's moving so fast. Security and stability is alive in the Middle East. The fear that Iran would spill into Iraq is gone. Trump didn't give Iran a chance to hit Iraq. 6-30-2025 Militia Man They've been able to contain inflation at 1310. Are they going to be capable with the same tools to do the same thing if they delete the zeros? The answer to me is yes...The largest financial institutions in the world would not be giving this much attention to Iraq for a risky situation. 6-30-2025 TNT Tony [twitter] ...Live Rate on Forex, Bloomberg...the rate is 1310, live rate, going to go up tonight. Tomorrow it will be $3.47. Tomorrow you should start getting paid. 6-30-2025 Clare Article: "Ala Talabani: The region's salary crisis is 'political and financial', and an agreement with Baghdad is imminent." 6-30-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is reminding us Iraqi citizens that starting July 1st all government agencies will not accept any cash payments...The government will not be dealing in any form of cash. We're going digital. FRANK: July 1st is interning. The CBI already does not allow you to use American dollars anymore. Now they're not even going to allow you to use your 3-zero notes. They want you to go digital...You can't use physical cash? If that's true then that means the security and stability of your lower notes has been established...1310 electronically makes no sense to me... 6-30-2025 Mnt Goat Article: “IRAQ IS DEVELOPING PLANS TO DEVELOP ITS TRADE POLICY LOCALLY AND GLOBALLY.” Quote: "The Ministry of Trade announced plans on Saturday to develop infrastructure by digitizing services to accelerate trade and reduce costs. While indicating that the next phase requires political will and economic stability to prepare Iraq for an effective partnership in the global economy, the Ministry emphasized the need to strike a balance between protecting the national economy and global openness, as well as preparing for accession to the World Trade Organization." 6-30-2025 MarkZ Article: “Departments to stop taking cash in two days. Fifteen million Iraqis are without an electronic card” the government of Iraq is going cashless. From now on folks will not be able to use cash to pay for government services. In the past there was too much cash disappearing from greedy government officials. This has made a massive difference in their revenue. This is part of the white paper reforms they wanted to get under control before they raised the value of their currency.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-29-2025 Intel Guru Frank26 They are on high alert starting this Monday. Could be Tuesday. Wednesday...I don't know. 6-29-2025 Sandy Ingram No Article VIII status yet. Iraq does not yet have Article VIII status with the International Monetary Fund which would allow free convertibility of the IQD. Instead it still operates under Article XIV, meaning capital controls and restrictions are legal and expected. 6-29-2025 Militia Man There's been videos out that we've talked about that showed them destroying perfectly good currency post 2018. What was their game? To reduce the note count. The electronic platform is coming and sopping that extra currency up. 6-29-2025 Fnu Lnu The U.N. assessment in August will reveal more detail as to the effects the Israeli / Iranian conflict with Iran threatening all USA military bases in the middle east. This is hardly the "PEACE" needed for a stable and safe outcome...The RV is coming but not this week, next week or even this year. 6-29-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're saying right now on TV the deal they were working on [with Kurdistan] is imminent and it will settle all disputes on oil and salaries. If that is true we have a new rate because that's the only reason why there was a dispute. FRANK: The only thing that can settle all of these disputes in your country is the removal of Iran's politicians which has been accomplished. The only way to settle it now is by making money. 6-29-2025 Pimpy Article: "Central Bank: Iraq's hard currency reserves are enough to cover 13 months of imports" Remember the standard is you got to have at least 4 to 6 months worth of reserves. Iraq is doing really good with 13 months.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-29-2025 Sandy Ingram My ex-husband retired from the Federal Reserve bank. He and his peers have always talked down about an IQD revalue or currency adjustment...Iraq is fixing these flaws...for global inclusion ...Countries and International banks didn't trust doing business with Iraq. Now Iraq's central bank is working to fix these problems. They're updating their systems...If Iraq continues on this path it has the potential to fully integrate into the global banking system...Now we know shy bankers said the IQD would never revalue. It looks like Iraq is plugging the holes and there will be sufficient economic gains for a higher currency value. 6-29-2025 Militia Man Inflation is well below 3% [in Iraq]. That's really good. It's an indicator for a revaluation. Doesn't mean it's going to revalue...I'm telling you it is a component of a revaluation because it's significant...Inflation is low. The stage is set.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-28-2025 Militia Man One of the things that is a component of a reinstatement revaluation is low inflation. It's a sign for the IMF, World Bank, everybody that they maintain stable inflation and reduce it consistently is a very good sign that they're ready for an adjustment. It doesn't mean they will do it, it just means they have a key component. 6-28-2025 Pimpy I have 5 million Iraqi dinar. You think I want them to delete the zeros? No I don't. I want them to leave the zeros on there and give it a huge exchange rate. I'd be happy if they went dollar for dollar. I'd be happy if they did it at $0.25. I really would. I'd still make out like a champ. 6-28-2025 Fnu Lnu Banking in Iraq is not stable now but they are diligently working on the solution. 6-28-2025 TNT Tony It was announced on Iraqi TV that their purchasing power would increase. They have been told that the RV will happen...Sat. 28 June. Tony thinks they may be waiting for the 5:00 Pacific time close of Forex. He hopes they aren’t waiting for 5:00 Hawaii time. It could happen overnight...Nothing remains to be done. The bank screens were blank this morning, then flickering later in the day. They (banks) thought that was a good sign. 6-28-2025 Sandy Ingram For Iraq, achieving Article VIII status would require deep reforms including closing the gap between the official and parallel exchange rates, cleaning up its banking sector, digitizing transactions, enforcing anti-money laundering and counter-terrorist financing standards and ending informal restrictions on capital movement. Once benchmarks are met and sustained Iraq can formally request the IMF executive board to approve its transition from Article XIV...to Article VIII signaling full integration into the global financial system. This step would boost investor confidence, attract foreign capital and support long-term economic growth. 6-28-2025 Frank26 I'm interested to see what happens on July 1st with the digitalization process. I still can't figure out how they're going to put 1310 in the digital display.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-28-2025 Militia Man Iraq is ready to make a big move into the international financial system...Big business doesn't come into Iraq if there's risk especially if you're going to spend billions of dollars. You're not going to go into a country that's got significant problems. You can see this isn't the past. It's secure and stable. 6-28-2025 Walkingstick [Iraqi Bank friend Aki update] AKI: Three meetings. The last meeting lasted two hours. My boss tells me, 'I need you back at the bank [In Dearborn Michigan] this Monday because we are waiting on the new exchange rate.' I have to go back because we're waiting for the new rate. WALKINGSTICK: That's the only thing they're waiting for. They already got all the banking software in place, ATM machines, the bank structures, all the bank regulations are set.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-27-2025 Frank26 Community Comment: "I believe I heard you say at one time that a 25,000 note at 1 to 1 would be worth $25." No I never said that...That would be dumb because it stays. If it's 1 to 1 it's going to stay as a 25,000 note brother. You're talking about a lop. 6-28-2025 Frank26 Article quote: "the recent decline in the spread between the official and the parallel market exchange rates." We want to close that gap and here they come out and tell the Iraqi citizens, 'relax...it's working. We're getting the gap closed.' What happens when they get it one to one? It's in position to 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 6-27-2025 Militia Man If they drop three zeros, reinstate, apply the real effective exchange rate then you're going to have all the fundamentals. Iraq's going to be valued off her fundamentals. Back in the old days it was oil. Now it's non-oil resources - gas, phosphate, silica, sulfur, gold, uranium, thorium, taxes and tariffs all those things. 6-27-2025 Sandy Ingram Iraq is about to pull off something huge. The World Bank just approved a whopping $930 million loan to overhaul Iraq's railways, a move that could reshape not just the country but the whole region. This isn't just about trains. This is Iraq's shot at becoming the main gateway between the Gulf and Europe. They call it the southern corridor. Some of us may know it as the Development Road Project. Think of it as a super highway for both cargo and people. This puts the country on the make as a key trade link between continents. Construction kicks off soon. 6-27-2025 Pimpy One of the biggest concerns I had was...Iran doing something to pull Iraq into some kind of a conflict. Lo and behold Sudani is doing his best staying out of trouble. Iraq truly is focusing on the reconstruction of the country and getting their **** together. This is a great sign. 6-27-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: World Bank is talking on TV right now Channel One saying this development road project will bring so much more trade to Iraq. They are backing Iraq with $300 million. Why would they invest in something like 1310? 6-27-2025 Samson Article: "GOVERNMENT ADVISOR : IRAQ IS COMMITTED TO SUPPORTING PEACE AND LOOKS FORWARD TO A PHASE OF CONSOLIDATING DEVELOPMENT"
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-26-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is on TV and he says, 'We are stable and strong and we have price discipline and we have three reasons for it.' FRANK: 1310 is not price discipline because it fluctuates and it's bouncing all over the place. The new exchange rate is the #1 reason. That's what he's talking about...A new exchange rate requires this conversion. 6-26-2025 Militia Man If this turmoil was to be a problem, then...why in the world would the World Bank just pay up just about a billion dollars for the country [of Iraq]. They probably wouldn't. 6-26-2025 Clare Article: "The IMF mission commends the Central Bank of Iraq." Quote: "The CBI has made progress in absorbing excess liquidity by increasing the issuance of short-term debt instruments ...adjusting subscription limits for banks in CBI auctions, and improving liquidity forecasting tools and practices...This development has contributed to enhancing banks' compliance with international transparency requirements, such as OFAC regulations and others, and improving their relationships with global correspondent banks. This step has resulted in narrowing the gap between the official dollar price and its parallel price, indicating relative success in curbing illegal speculation and reducing currency leakage." 6-26-2025 Walkingstick [Iraqi banking friend Aki update] Question: "Do you feel Alaq will give us the new exchange rate this month or at least in this quarter?" AKI: This is what I have heard. This is not going to be given to you as a fact. You know what I do [manage a bank]. You know where I'm at [Dearborn Michigan]. I have heard this will be all done by the end of the 2nd quarter or at the beginning of the 3rd quarter. 6-26-2025 Sandy Ingram [Our] opinion Iraq is being pushed into qualifying for Forex participation status due to the slow pace at which Iraq can access its dollars at the Federal Reserve Bank. Largely because certain banking restrictions are not in place. 6-26-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: World Bank on TV news funds with us $930 million to update our railroad system. This is amazing. Sudani is doing interviews saying the private sector is the key to meeting local market needs.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-25-2025 Militia Man Article: "Parliament finance committee calls on the government to submit budget tables" I know the budget has been tiresome. Everybody is yawning. It's like, 'Oh, my God here we go again.' 6-25-2025 Kaperoni There is no significant RV of the Iraqi dinar. A currency value can definitely go up, but its value is the result of an increase in economic success and GDP. Iraq has been working over the last several years to reintegrate its banking system in the global financial system. Such steps will encourage investment, rebuilding of infrastructure, diversifying revenue away from oil. This is how an economy prospers. 6-25-2025 Clare Twitter/X post "Mazen Al-Ashqar - Urgent: I have received President Trump's peace terms for Iran, the most important of which for Iraq is #7: Iran must respect the sovereignty of the Iraqi government and allow the disarmament, demobilization, and reintegration of Shiite militias." 6-25-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Iran says they have no intentions of closing the Straits of Hormuz. 6-25-2025 Samson Article: "Iraq welcomes the ceasefire, stressing that it is a step towards enhancing stability in the region." 6-25-2025 Fnu Lnu I've told you all that there will be no RV for the remainder of the year...For some...war equals peace, left equals right, and right equals wrong. Go figure? 6-25-2025 Militia Man A lot of turmoil and it's been going on for...a couple years...The Middle East is very volatile...but...even during the turmoil you're seeing Iraq has been stable and staying out of the conflict which is really good...Even though this tension has been going for weeks Iraq has still maintained that she's opening for business...stable... has all the components for her economy to keep moving forward. That still holds true today. 6-25-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We have bases here right now inside of Iraq. We took cover. We are being hit hard tonight from Iranian militants. We heard they blew up a big radar installation and drones are hitting bases here. All hell has broke out inside Iraq. FRANK: Don't worry about it. Take cover for now. Protect your family. FIREFLY: We see in our skies here, bases are blown up. We can see it from the distance...Skies are full of fire here in the northern Iraq where those bases were. FRANK: It was no big deal. They didn't do much of any damage. FIREFLY: Television is saying some of the rockets missed their mark...It was the Iranian backed militants here that did it with Iran's help.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-25-2025 Mnt Goat I was told this situation [with Iran] needs to be resolved in one of two ways or a bit of both: 1. change the regime in Iran 2. institute banking reforms to cut off the dollars from Iran (already seen this action mostly implemented). I am told the U.S. absolutely WILL NOT allow the reinstatement of the dinar while this Iranian situation continues. Let’s only pray this ends soon. 6-24-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: K2 here for the next 36 months helping us doing audits...K2 came out and said Iraq was well far ahead of their deletion of the 3 zeros project and monetary reform than they even thought. FRANK: K2 is going to help you guys police your currency to make sure nobody touches it, the new exchange rate, the banks are not being abused. K2 is for that purpose. Why are they there now? ...Relax my friend. Your turn is coming.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-24-2025 Clare Article: "Prime Minister's Advisor: The country's financial situation is secure" Quote: "The Prime Minister's Financial Advisor, Dr. Mazhar Mohammed Salih, stated that Iraq's financial situation remains within safe limits, despite regional tensions...the country possesses clear financial tools and hedges in the three-year general budget law that enable it to absorb potential shocks" 6-24-2025 Militia Man A real effective exchange rate for Iraq is not 1310. The data supports it...It supports something significantly different. Fact. That's my impression that I believe to be fact. 6-24-2025 Samson Article: "Goldman Sachs: Closing the Strait of Hormuz could push the price of a barrel of oil to $110." 6-24-2025 Frank26 'Oh, no the bad guys said it's going to be devastating what Trump did.' No. It's going to give us a new exchange rate for the Iraqi dinar because security and stability is now in the region because that which did not allow the new exchange rate to come out doesn't exist anymore. 6-24-2025 Sandy Ingram Recent global currency reports are including the dinar...For the last 5 years this has not been the case...The international currency reports have their fingers on the pulse of investors....The IQD has the attention of global investors...As Iraq strengthens its financial infrastructure...analysts are beginning to watch the dinar more closely... While it's not yet traded on Forex markets, the dinar is showing up more often in investor analysis and regional financial reports. This inclusion signals growing recognition of Iraq's economic potential...The dinar are no longer being dismissed...Instead they are being added to the 'watch list'...The Iraqi dinar has moved from the sidelines to a speculative corner of global currency analysis.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-24-2025 Clare Article: “Qi and K2 Integrity to Elevate Iraq's Financial Standards" Quote: "Qi (International Smart Card), Iraq's largest electronic payment platform, has announced that it has entered into a landmark partnership with K2 Integrity (K2i), a US-based global financial integrity and compliance advisory firm. The multi-year collaboration aims to align Iraq's financial infrastructure with international standards...This initiative marks a pivotal milestone in Iraq's compliance evolution, strengthening national capabilities and building a foundation for secure, scalable financial growth; it positions Iraq to regain credibility with international partners, attract investment, and enable more secure, scalable cross-border transactions, particularly vital for trade, remittances, and financial inclusion." 6-24-2025 Militia Man They're going to go international and they're going to integrate into the international financial system. That's what's going to jump-start this whole thing...Is Iraq ready? Iraq is ready. We're waiting for the integration. 6-24-2025 Samson Article: "Transportation: Navigation in oil and commercial ports continues and has not been affected by regional tensions." 6-24-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They told us today the pipeline salaries, HCL, is in the budget tables and the Kurds, everything is all tied together along with our budget table and article 12-2C. They told us the final decision is in the hands of the Supreme Justice. That tells us it's about a rate related to be all tied together. FRANK: IMO there was a reason why the rate was protected in the Gazette for so long. It was the best place to protect it from...Iran. 6-24-2025 Mnt Goat Article: “IRAQI FINANCE FIGURES SHOW A “SOFT RENTIER” ECONOMY. ARE THERE ALTERNATIVES?“ Remember that even though the Iraqi economy is still about 92% oil driven revenues, these are revenues and oil is a large part of their assets...Sadly, if the Iraqi dinar is not in a manipulated rate, I don’t know what is! Do you really believe that with about 100 billion in reserves and the ability to maintain these reserves is not wealth? Not to mention Iraq has hardly any debt... So where is a dinar rate to at least reflect what they do have?
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-22-2025 Frank26 Alaq...concerning the exchange rate, yes, he will release it when he thinks it's time. I think he's realizing that we are now at that point. I believe all the meetings they have been having with the IMF and the US Treasury has convinced Alaq that the time is now perfect especially with the security and stability we have. 6-23-2025 Mnt Goat ...the U.S. Treasury has said it will give a “green light” to go ahead, however with stipulations. First if they must complete successfully the Iranian issues and trade must resume to normal between the two countries. Then the dinar stabilize again. The Project to Delete the Zeros must be successful with maintaining low rate of inflation. This will be the gauge...rate. So, we are getting very close but a lot rides on the Iranian issue.
