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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 7-13-2025 Walkingstick [Iraqi bank friend Aki update] Iraq has been working on the ISO for about two/three weeks now. They're telling us it is about to be implemented on the 14th. Aki was told to go back [to his bank in Dearborn Michigan]. He was waiting for the new exchange rate. They told him don't move...We believe Aki is now working on the ISO that is about to be released. Aki is the man in Michigan. It's his bank. He will test this ISO platform...ISO deals with many things like federal wires to speed up the transactions of International exchanges, any type of wiring. This is now moving much faster in a safer protected way. It is scheduled to be implemented on July 14. 7-13-2025 Militia Man There's some specific things are taking place and they're transpiring. We got the salaries, oil...Fed wire system coming up in the next couple days...the court case on the same day...Remember they extended Fed Wire ISO 20022 out from February/March range to July 14th...I find that convergence fascinating...For all those out there that think that they've heard this before, I smile and wave and shake my head. 7-13-2025 MarkZ Article: “Iraqi oil surpasses Brent and Texas on the global stock exchange” Basra average crude has recorded $71.68 per barrel. Saleh who is a financial advisor for Sudani once said that any price over $60 a barrel was workable. They are positioning well for a change of value. 7-13-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani announced he now has the largest block in all of the political parties. FRANK: Wow. Want to lose it? Want to lose that power? Don't give us a new exchange rate. You want 60% tariffs? Don't give us a 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 7-12-2025 Frank26 If you come out at $1.30 to 1 that's better than 1 to 1. But if you forget about the concept of a float and come out at a fixed rate...at $3.22...it would be tangible to the other currencies in the Middle East. But the other currencies want a basket so they can drag the dinar and themselves up past what they are right now, into the $4.00 range. 7-12-2025 Kaperoni Article: "IMF sounds alarm bell over 'economic collapse': Iraq needs reform, not slogans" 7-12-2025 Pimpy There is no, 'let's get together in a group and we'll do our dinars together so we can get a different exchange rate.' You cannot negotiate the exchange rate. The only people that have access to negotiating on an exchange rate...are banks. You're not a bank. You're not a banker. You can't go in there and negotiate a better exchange rate. That's false. 7-12-2025 MarkZ Most of my contacts think this is our last weekend. I pray it is. Overwhelming bond folks think they get their money over the weekend. I assume with the Fednow system down they will have access on Monday. We are hoping and praying this is true. Question: Why is Fednow down? Mark: Because of a whole new update. Bank wires are down, many government sites are down. Many banks doing system upgrades. Even the IRS is getting a system upgrade. Between the 11th and 14th of July many financial things are getting upgrades. We are hopeful that things are about to have a new value. This is one of the steps that needed to be completed so they can flip the switch. 7-12-2025 Clare Article: "Al-Hassan from Karbala: Iraq is not a poor country and is open to foreign investment." Quote: "Iraq is not a poor country, but rather a country of goodness, with trained, educated and cultured human resources, not only at home but also abroad. Iraq has scientists of both genders, even at NASA, and they are distinguished. He added that Iraq has distanced itself from the surrounding political problems, and in light of that, we only expect to see a strong Iraq with a regional and global standing." 7-12-2025 Frank26 [Iraq just got slapped with 30% [tariffs]. You want 60%? Of course not. So, give the world and the Iraqi citizens the new exchange rate dog gone it. The whole world knows what the tariffs are for, to adjust your exchange rate. That's why they're all in line. The whole world knows everybody knows what Donald Trump is doing.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-10-2025 Frank26 Everything is really good right now. Everything is moving quickly...in the right direction. It's like when you catch the wave surfing ...You're looking...looking...then all of a sudden...you find the right sweet spot and you ride it the rest of the way to the beach. That's the way I feel right now. This monetary reform investment of ours, I feel like it's smooth sailing to the beach right now. 7-10-2025 MarkZ Article: “Trade confirms Iraqi exports will not be affected by new customs/duties” A lot of people are wigging out about Trumps letter to Iraq about tariffs. The ministry of trade says it really doesn’t affect them…either their energy projects or economy…and they support the US decision to balance their trade imbalances...there are a lot of articles from various parliamentary members and economists about this saying they support the US.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-11-2025 Pimpy Article: "Trade clarifies after Trump tariffs: exemption on oil exports" A lot of people have questions. To be quite honest with you, they really aren't going to have very much affect on Iraq. It's a 30% but we don't do a whole lot of business with Iraq outside of gasoline and oil...But globally speaking it could put a lot of down pressure on the cost of oil per barrel which will absolutely affect Iraq. 7-11-2025 Fnu Lnu Article: "The Executive Board of the International Monetary Fund (IMF) issued a statement on Wednesday (9th July) following the conclusion of its Article IV consultation with Iraq. It projects an average exchange rate (dinar per US$) in each of 2025 and 2026 of 1300, the same as for 2024, adding: The CBI [Central Bank of Iraq] should be commended for the successful transition to the new trade finance system now fully managed by commercial banks through their CBRs, contributing to a reduction in the spread between the official and parallel market exchange rates." 7-11-2025 Samson Article: "The Federal Court holds its session under its new presidency and dismisses three lawsuits." 7-11-2025 Frank26 Trump knows the pace of the Middle East. He knows it's slower than a snail with broken legs...My president very nicely, very calmly puts the pressure on Sudani and IMO if Sudani does not release the new exchange rate by the end of the month...watch, it [tariffs] should go up to 60%...This is the last thing Sudani wants...Trump...is kicking Sudani in the rear end to move it...America wants to get paid and Donald Trump says it's time to get paid. If not, Iraq will suffer greatly economically, let alone with the monetary reform. 7-11-2025 Mnt Goat Article: “WHERE ARE THE 2025 BUDGET SCHEDULES? PROJECTS ARE SUSPENDED, PLANS ARE POSTPONED, AND PARLIAMENT HOLDS THE GOVERNMENT ACCOUNTABLE” No, the RV rate in not in these budget tables as a reason to hold them up that they don’t want us to see until they are ready to RV... Again, any revaluation of the Iraqi dinar will be announced and we don’t need to go fishing through some budget tables to find it, if it could even be there. [Post 1 of 2] 7-11-2025 Mnt Goat The House of Representatives will hold its first session of the second legislative term for 2025 on Saturday. Let’s hope they finally take up the Oil and Gas Law again. We know they will take up the issue of the Budget Tables... we still see the CBI trucking again and making movement towards its final destination of the reinstatement of the dinar to a global status (FOREX). It is like these other issues, although are very important, feel like just distractions but we know they can also affect the monetary process and should be resolved for stability. [Post 2 of 2]
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-11-2025 Frank26 IMO it was the United States of America that brought [the Iraqi dinar] exchange rate down. Guess who is going to allow you to bring it back up, besides the IMF, which is actually the United States of America anyways. 7-11-2025 Bruce President Sudani was called by President Trump today to ask him to raise the rate on the Iraqi dinar on Saturday, or he would be looking at tariffs for Iraq on Sunday? Well, I'm sure Iraq doesn't want tariffs - there, and I'm sure President Trump would rather have the Iraqi rate where it should be. And so ...if they do that Saturday morning ...they are eight hours ahead of the East Coast, so that new Iraqi rate should be up on screens Saturday. 7-11-2025 Samson Article: "Oil Minister: Iraq's crude oil reserves exceed 145 billion barrels" 7-11-2025 Sandy Ingram Iraq is rich in oil, holding some of the largest reserves in the world...The country is working to rebuild after years of war and sanctions. Iraq's banking system is slowly modernizing and the government is trying to move toward a more open and stable economy. 7-11-2025 MarkZ There really is so much stuff coming together at one time...feels like jumping off of “stuck. Still huge expectations from 3 different bond sources for this weekend. They claim they have finished all paperwork and will get their funding…crossing my fingers. But with the bank wiring system down this weekend…I expect we won’t get news of that until at least Monday... Banks are not necessarily closed this weekend…just closing the wiring and transfer capabilities. 7-11-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh on the television and he's talking about how the movement has made the detailed plans for the development road project.
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-10-2025 Samson Article: "Trade: Iraq exempt from duties on direct oil exports to the US" Quote: "The Ministry of Trade confirmed on Wednesday that Iraqi exports to the United States will not be affected by the new 30% customs tariffs." 7-10-2025 Militia Man Article: "Trump flirts with Sudani with a message, then hits Iraq with 30% tariffs" This is a contradictory article... pressure is being applied from the United States. 7-10-2025 Pimpy With Trump appearing to remove the grasp Iran has on Iraq, this will give Iraq a lot of room to grow without any interference whatsoever, Iraq just moving forward, continuing with the projects they have. Everything is looking very well for Iraq. I'm happy for them. 7-10-2025 Mnt Goat Any move on the part of the Central Bank of Iraq to restrict the citizens in the use of the dollar and more use of the dinar is yet another move towards monetary sovereignty for Iraq... Now they have ditched the dollar, the parallel market is done and they are going back to sole use of the Iraqi dinar as their main currency within the country. This is exactly how it was before the 2003 invasions and the hyperinflation conversion to the three zero notes and the use of the currency auctions (sole use of the US dollar to pay for imports). Yes, these days are almost over. 7-10-2025 Jeff They already have tremendous security and stability which is the Central Banks's minimum requirements to be eligible to revalue their currency...Israel and Iran have recently finished their war...Now that the war is done and they've reached a ceasefire agreement on that war, we're no longer waiting on that step for the rate change. That's now behind us. 7-10-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says Trump is imposing 30% traffics on us here in Iraq. FRANK: All you have to do is just raise the value of your currency you knuckleheads... Did you notice the tariffs he did put on you when he hit everybody else with tariffs was minuscule? But he's sending out a bunch of letters now and you're on that list. Why? Because you haven't raised the value of your currency...As soon as you're ready to come out and float and be part of the international world with some reality...and [Trump] will remove the 30%.
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Thursday Early Afternoon Opinions @ 2:55 PM MST - 7/10/2025
ronscarpa posted a topic in Dinar Rumors
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-10-2025 MarkZ Article: “The KRG (Kurdistan) has notified the US that they will only allow Baghdad 48 hours to make a decision regarding the issue of funding the Kurdistan regions cival servant employees salaries” This is 48 hours from yesterday afternoon. This should force a conclusion for the oil and gas law, hopefully this week. We should get a decision within 48 hours. Lots of things appear to be aligning. 7-10-2025 Clare Article: "Documented: Trump in a letter to al-Sudani: Iraq faces two choices" Quote: "The United States of America announced the imposition of a 30% tariff on all Iraqi products imported into the United States, effective August 1, 2025...The letter hinted at the possibility of adjusting these tariffs, upwards or downwards, based on the relationship between the two countries, and if Iraq decides to "open its previously closed trade markets to the United States, and eliminate its tariffs and non-tariff policies and trade barriers." 7-10-2025 Samson Article: "Trump flirts with Sudan with a message... then hits Iraq with 30% tariffs!" -
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 7-10-2025 Militia Man We've yet to see the oil flow and nor have we seen the salaries yet. I believe there is an agreement for the oil and the cost of production they just haven't exposed it yet. Why? Because all of these things are coming in together and they're all going to be related to article 12 paragraph C. I think they're all going to be exposed at the same time. 7-10-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They keep talking about what a great job we have done to narrow the gap between the parallel market and the official rate. But I don't see it..!
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REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 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.
