|
Search the Community
Showing results for tags 'news'.
-
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.
-
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]
-
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.
-
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.
- 2 replies
-
- 4
-
-
-
- articles
- boots on the ground
- (and 2 more)
-
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.
-
- 6
-
-
-
- article
- boots-on-the-ground
- (and 2 more)
-
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.
-
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"
-
- 4
-
-
-
- article
- boots on the ground
- (and 2 more)
-
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.
-
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.
-
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?
- 2 replies
-
- 7
-
-
-
-
- articles
- boots-on-the-ground
- (and 2 more)
-
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 Militia Man They aren't going to tell us exactly when something's going to happen. They're not going to tell you how much it's going to happen at. They can't do that and there's obvious reasons for that. 6-22-2025 Sandy Ingram US News Report: "Militia threatening to shut down the Strait of Hormuz." It will do Iraq no good for oil prices to double or even triple if they cannot deliver the oil to the world. This could be a massive, massive blow to the Iraqi economy including the IQD. 6-22-2025 Jeff I stressed...we weren't going to see the rate change till Iran is dealt with. As you see, that stands true. Iraq has not revalued because they're waiting on a resolution between Iran and the United States. Whether it's based on an unconditional ceasefire or an agreement has been reached from military action. That's what we're waiting on. The war can either go very quick or take a little while depending on whether foreign countries get involved.
-
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 Sandy Ingram We need to ask ourselves has Iraq been lying to us about previous banking improvements? The answer is yes and no. They were doing what they said they were doing but not what the Department of Treasury required. We were led to believe Iraq would be able to integrate without error with international banks. That belief was incorrect. Here's what Iraq is doing as per the Treasury department's and the Iraqi Prime Minister's demand - Article "Iraq announces Major Banking Sector Overhaul" The plan involves major restricting of both public and private banks with top global consultants enlisted to guide the transformation. Ernst and Young will oversee reforms of state-owned banks. 6-22-2025 Walkingstick [Iraqi banking friend update] AKI: The 1310 is dropping dramatically. The "water cooler talk" is this whole thing will come out as a whole number at the onset, like 1 to 1 because it will be on par in a basket. Not right away but it will eventually be paired to the American dollar. 6-22-2025 Samson Article: "Transportation: Significant progress in the plan to lift the European ban on Iraqi flights." 6-22-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV talking about we are preparing for our 4th meeting to join the WTO. FRANK: I believe this is the last meeting with the WTO before ascension mainly because everything is in place and so is the WTO. Shoot, they've been putting it in place for 3 meetings. 6-22-2025 Fnu Lnu Iraq has NOT completed the requirements for ascension to the WTO. They are 1/2 way down the list of requirements...There is a meeting scheduled in August to go over what has been completed and what yet needs to be completed. It is an assessment and consultation only. The ascension is not dependent on the revaluation. Once the membership has been reestablished, they will consult on the needed value to facilitate global trade.
- 1 reply
-
- 5
-
-
-
-
-
- article
- bank friend
- (and 3 more)
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-20-2025 Samson Article: "Government adviser: Iraq is witnessing the highest cash reserve in its history and economy entering the phase of prosperity" 6-20-2025 Guru Fnu Lnu [Reply to Bruce 6-19-2025] There is no such thing as a USN, this is a fact. XRP is a utility coin that was conceived by the Ripple Corporation. It is merely a bridge currency and the assertion that it backs a mythical USN is laughable. XRP doesn't back anything and never will. Nobody is being paid anything by anybody. This is classical Dinar Woo-Woo. 6-20-2025 Sandy Ingram I'm just as surprised as anyone to find the topic of an Iraqi dinar revaluation in the Iraqi mainstream news. But when I woke up this morning and slowly went online there it was. Article: "Iraqi Dinar Q&A: Revaluation (RV) and Israeli Airstrikes on Iran"
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-20-2025 Frank26 Banks...are not saying it's a scam anymore. Every now and then they say it's a scam but the majority, I would say into the 70% range [are not]. 6-20-2025 Samson Article: "Defense: Iraq could be the key to resolving the US-Iran crisis" 6-20-2025 Fnu Lnu Amwaj News reports that Iraq is not at peace which means the media illusion of security is just window dressing. The airspace closure means the nation is not safe. Safety and security are just pretty words to say. The RV is still waiting for better days. 6-20-2025 Sandy Ingram Without sweeping change within Iraq, political stability, fiscal reform, IMF alignment the dinar remains deeply undervalued and speculative...Oil shifts and internal reforms are the real variables that might move the dinar, not this week's explosions. 6-20-2025 Clare Article: “Government advisor: Foreign exchange reserves are the highest in Iraq's history." Quote: "Salih, confirmed on Thursday that Iraq is witnessing economic stability and developmental prosperity, with low inflation and unemployment and high growth. He also noted that foreign exchange reserves are the highest in Iraq's history." 6-20-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says we have the largest amount of foreign currency reserves and we are about to enter an economic boom. FRANK: IMO the currency reserves are set. They are primed for at least $3.00 rate IMO in order to float internationally, not so much at 1 to 1 anymore. That's the only way they have the audacity/right to say Iraq is about to enter an economic boom because even 1 to 1 is not enough for that economic boom but it sure is a good start. 6-20-2025 Militia Man I haven't been in the Iraqi dinar for 22 years but I have been around for a long time. I've seen the progress and that's what keeps me focused. It's a complex situation. It's been a long process. It's been tiresome. Things have changed. Look at the new digital transformation that have taken place...the new technology...the new Swift system...ISO 2022. We didn't have all that. They didn't have the transparency...anti-corruption...anti-money laundering laws...currency manipulation laws. They didn't have any of that but now they do. Now you're starting to see all of these things are really truly coming together and it's beautiful to see it.
-
- 7
-
-
-
-
- articles
- boots-on-the-ground
- (and 2 more)
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-19-2025 Samson Article: "Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq." 6-19-2025 Militia Man Everything looks good. I like the fact that the mood is tempered. There's been a real positive outcome. The last few days have been kind of tough, a lot of anxiety. The data show they are moving forward and it still looks positive. 6-19-2025 Sandy Ingram You're receiving almost daily reports on the Israeli/Iran conflict because Iraq is right in the middle. What concerns Iraq concerns us as IQD investors and according to the news there is a lot to be concerned about...Please note the IQD is holding strong and is slightly higher than usual...The government has begun educating the public on nuclear safety procedures, shelter protocols and the importance of iodine tablets should radiation exposure become a threat. This dramatic step shows us just how close the Middle East may be to a devastating turning point... Iraq is taking no chances. 6-19-2025 Frank26 Saleh continues to drive the point home to you Iraqi citizens that the black market that needed to be destroyed in order for the official exchange rate of the CBI to take dominance in your country and remove Iran's profiteering in the black market is approaching. It is so close you can feel the warmth of it next to you. 6-19-2025 MarkZ Article: “Kuwait on long bumpy journey toward stability. The economy was stopped cold by the Iraqi invasion and is starting a gradual recovery- but, the tiny country may never be the same” This article was from 1991…they talk about how long it will be before they raise the value of their currency…then BOOM…we have a massive increase in the Kuwaiti dinar. There are similarities to what we are going through in Iraq right now.
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-19-2025 Frank26 Article: "Prime Minister's Advisor: Iraq is qualified to become a regional financial center with four strategic powers" A currency hub at 1310? ...in other words...all this word salad is, 'We're rich! We're off the hook! We can do whatever we want with our exchange rate and we're about to introduce it!' 6-19-2025 Militia Man Article quote: "Electronic payments to commence by July 1, 2025." That's a pretty powerful situation because that's coming up in a few days. 6-19-2025 Sandy Ingram Iraq is warning oil could go up to a jaw-dropping $300 per barrel because of the Iran-Israel blood storm. I want to be positive but you can tell by the number of microphone in front of the foreign minister [~30 stacked high] this is serious...Iraq is in a state of deep concern. When Iraq is upset so are investors. 6-19-2025 Fnu Lnu Article: "Iraq's Deputy Prime Minister and Foreign Minister, Fuad Hussein has cautioned...closure of the Strait of Hormuz...warned that this could drive oil prices to $200-300 per barrel, exacerbating the global inflation crisis and negatively impacting both producing and importing countries, including Iraq." We are now seeing the impact of the war between Israel and Iran. Higher oil prices are a windfall for Iraq but will cost the USA at the pump. I doubt Trump will put up with one minute of this nonsense. 6-19-2025 Frank26 What does Iraq hold right now in their reserves ...which is mainly oil? Let's put it at $16-$17 trillion worth of assets to back up their currency...If you got $17 trillion to support your currency and you've got it at 1310, don't you think President Trump is pissed about this? ...Iraq is currency manipulating the American dollar and Trump is out to stop countries from doing this. I'm telling you IMO Iraq is the #1 country right now. There's at least 5 of them...I believe very strongly Trump is dealing with. 6-19-2025 MarkZ Comment: I heard Trump is holding the RV up. Mark: Trump is not the key person who gets to release the RV. I have identified a key person in the US Treasury that feeds misinformation or bad information. And that Trump is holding up the RV is a horrendous piece of misinformation being shared right now. I believe its being done on purpose to divide this community. I am 100% confident Trump is not the delay...I have a great contact in the Chinese families that are putting up the gold. They are very uncomfortable releasing the RV while the current Iranian administration is there - for the gold treaty. That is what I was told. 6-19-2025 Clare Article: "Under the TIR Agreement, Customs: An international shipment transits from the UAE to Poland via Iraq." Quote: "The General Authority of Customs announced, on Tuesday, the transit of an international shipment from the UAE to Poland, passing through Iraqi territory, within the framework of the TIR Agreement."
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-18-2025 Sandy Ingram Iraq manages its exchange rate through a currency auction system. Every weekday the Central Bank of Iraq hold auctions where it sells US dollars, which come from Iraq's oil revenues, to licensed banks and money exchangers. This is how it regulates the IQD to US dollar exchange rate and how importers access foreign currency...The Iraqi dinar doesn't have options, futures contracts or other financial products traded on global forex exchanges like the Chicago Mercantile Exchange. This makes it inaccessible to institutional investors who might be looking for hedging or large scale speculation. 6-18-2025 Militia Man When it comes to the education, they're doing what they should be doing. Reminding the citizens that if you're not on the cards you're going to have a problem. 6-18-2025 Clare Article: "Al-Nusairi: The Central Bank's policies and procedures have contributed to narrowing the gap between the parallel and official exchange rates." Quote: "Economic and banking advisor Samir Al-Nusairi expects the US dollar exchange rate to gradually decline to approach the official exchange rate, in line with the Central Bank's strategy and ongoing measures for comprehensive banking reform" 6-18-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're telling us on the Asraflak website that the future for Iraq is digital. They say if we help them accomplish the digitalization of our country, bring in our three zeros, that would allow security and stability for our monetary reform. FRANK: They're not pulling any punches. Digitalization is now? I don't know. It's troubling to a degree and it's exciting to another degree. 6-18-2025 Fnu Lnu In my IMF and GOI newsletters, I see no talk of any monetary news except liquidity shortages and banks allowed to exchange Dinar for Dollars. 6-18-2025 Kaperoni Article: "Iraq is among the top 10 countries in the world in terms of natural resources." I pointed this out several years ago. This is why Iraq could never significantly RV their currency overnight. Such an event would bankrupt them since their entire net worth of natural resources is only $16 trillion dollars. This is why the only way the dinar can go up in value is gradually over time so that they can reduce the money supply (remove zeros) from trillions to billions. 6-18-2025 Sandy Ingram Any perception that Iraq is siding with one party over the other could draw the country into the geopolitical crossfire. In short the Israel-Iran conflict could lead to oil price surges that temporarily boost Iraq's revenues but it may also increase regional insecurity, hesitation in investment and operational risks in Iraq's vital oil sector. 6-18-2025 Militia Man Article quote: "...representatives called...to ban cash payments within the government institutions...This means 80% of paper money will be transferred to cards...These steps should be implemented increasingly to move cash out of homes and pockets and into banks." They're trying to and have been for quite a long time reducing the cash in circulation which is a good thing.
- 6 replies
-
- 4
-
-
-
-
- boots-on-the-ground
- articles
- (and 2 more)
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-18-2025 Mnt Goat Article: "A GOVERNMENT ADVISOR REVEALS THE TRUTH ABOUT THE DEVALUATION OF THE DINAR AGAINST THE DOLLAR." Quote: "there is a shortage of cash liquidity in Iraq and that salaries are 'unsafe,'" In early July the govt’s plan is to pay ALL salaries by automatic deposit in the citizens bank account. If they haven’t set up an account they will not get paid...This action by the govt is hoped to keep more cash in the banks to help with the liquidity issue. It may also flush out the stashes and hoards of cash in the homes that is said to be almost 90% of the issued cash..But remember that you and me also have dinar and our stashes must also come home to roost…lol... 😄 They are going to come for our dinar next.
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-17-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh is on TV news saying Iraq is qualified to be the regional financial center. FRANK: If you stop and think about it, Iran caused all the problems, is now gone...Congratulations you qualify as the region's financial center. At 1310? Really? The whole region huh? When you look at other counties that are $3+ and you're the financial hub at 1310? 6-17-2025 Sandy Ingram The US has strengthened its travel warning to include Israel, Iran, Iraq and Jordan. My trip to Turkey to explore the IQD currency exchange possibilities is on standby until we can assess the situation further. 6-17-2025 Militia Man Article: "Washington: Iraq is one of the best democracies in the region" The United States is telling Iraq it's one of the best democracies in the region. That's a pretty big kudos. 6-17-2025 Samson Article: "Washington: Iraq is one of the best democracies in the region." 6-17-2025 Kaperoni Article: "The Iraqi Stock Exchange signs a memorandum of understanding with the Abu Dhabi Securities Exchange to join the 'Tabadul' platform." 6-17-2025 Walkingstick The problem used to be Iran. We got security and stability. The 8th floor [the US Treasury's permanent office in the CBI building] is really controlling them. The problem now is the dinar mattresses. 6-17-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television saying Iraq is one of the 10 strongest countries in the world for natural resources. FRANK: It's not just oil...You are not only going to be #1 central financial hub but you will also be the center for the rest of the world. 6-17-2025 Sandy Ingram Question: "What will happen to Iraq's economy because of the Israeli-Iran war?" If tensions escalate into direct military confrontation the entire Middle East could see disruptions in oil production and exports. Iran might attempt to close or threaten the Strait of Hormuz...which about 1/5 of the worlds oil passes. Such a move would instantly raise global oil prices. For Iraq this volatility can be both a blessing and a curse. Higher oil prices would mean increased revenue for the Iraqi government... However prolonged regional instability could threaten Iraq's own oil infrastructure, delay foreign investment and raise security risks for international companies operating in the country. 6-17-2025 Fnu Lnu Iraq is just getting started in their efforts for economic revitalization. They haven't even finished modernizing the banking system... The Digital Dinar for cross-border payments has not been completed. The training is not going well...The facts are that Iraq has a way to go yet before any RV/RI can happen. I read copious reports and white papers as well as get newsletters from many of the agencies/ministries and there is not one scintilla of writing on a revaluation or change in currency. It is not even in the consideration phase.
- 8 replies
-
- 4
-
-
-
-
- boots-on-the-ground
- articles
- (and 2 more)
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-16-2025 Frank26 It's security and stability and that's what the monetary reform of Iraq needed desperately and that's what was born yesterday and taking its first baby steps...Give it time to do what it has to do, bring forth the new exchange rate and lower notes. That's what security and stability is for Iraq...and in doing so...the whole domino effect will occur. Security and stability that's what we needed. 6-16-2025 Sandy Ingram Imagine this, you're a Princeton graduate student on a research trip in Iraq, then suddenly you're kidnapped. That's exactly what happened to Elizabeth Tsurkov who was taken last year while working in Baghdad. She's been held by a Shiite militia group ever since...Word on the street is Elizabeth could be freed soon...The US currently has Iraq on its highest travel warning level 4, do not travel...If she's released safely, it signals to the world and especially the US that Iraq is making an effort to resolve dangerous situations. It's not a guarantee but...lifting the travel ban would open doors for tourism, investment and academic exchange...While freeing 1 person won't automatically erase years of warnings...sometimes small steps are all it takes to start big change. Here's hoping Elizabeth comes home soon and Iraq move closer to opening its doors once again. 6-16-2025 Clare Article: "Iraq maintains its global ranking in natural resources" Quote: "The report indicated that Iraq ranked ninth among the world's countries in terms of the availability of natural resources, estimated at $16 trillion, which include oil and phosphate rocks." 6-16-2025 Walkingstick The ESX and the ISX when they go live they're going to be with the new exchange rate. I believe they're jumping the gun and getting involved because it's no secret...You're talking about a whole stock exchange that wants to join the Iraqi stock exchange...It shows that Abu Dhabi knows about the monetary reform of the Iraqi dinar because everyone IMO knows a new exchange rate for the Iraqi dinar is coming. There is no more BS...lies...guessing...exaggerations ...questions. It is the truth of the monetary reform that is reflected in this relationship that we're seeing with the stock markets. It is a powerful indicator IMO of a new exchange rate. 6-16-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television says the Iraqi stock exchange is adding a lot of new firms to their list to draw more international attention. FRANK: The Iraqi Stock Exchange along with the Erbil Stock Exchange and ISX and the ESX IMO are doing the very same thing that Forex did with the Iraqi dinar a few weeks ago. Put it in position...It's exciting to see all these advancements during the Asraflak period. 6-16-2025 MarkZ I’m not discouraged… I think we see the end. Wish we knew how quickly Iran will wrap up. I have a number of sources who think Iran will cave and we will have resolution within the week. Then I think it is all a “GO”...It has been an exhilarating ride…but we are ready for it to be over. 6-16-2025 Samson Article: "Iraqi Interior Ministry: 660 people arrested for manipulating food prices and the exchange rate." 6-16-2025 Fnu Lnu With elections quickly approaching, the reelection of Al Sudani is not at all certain which means the revaluation is not at all certain. Watch what they are doing, not what they are saying. 6-16-2025 Sandy Ingram Iraq is on the Forex market in principle but not in practice. For most global traders if Iraq continues its reforms, closes the black market gap and gains IMF Article VIII status it could become more accessible but that will take several years if not sooner. 6-16-2025 MarkZ Article: “Iraq advances legal framework for development road project” This is also part of the white paper reforms to lift the purchasing power of the dinar. 6-16-2025 Frank26 If it was a war I'd worry but this is security and stability so that the citizens of Iraq will not fail the monetary reform. 6-16-2025 Mnt Goat The cash in the banks will help create liquidity to finance the economic growth, the growth they need to show a rate of their dinar above a dollar. ...I keep telling you the value is already in the dinar...if you go back to 1990 it was over $3 and...look at all the progress since. But the standards for currency valuations have changed. Basel I-IV changed all of it. Why isn’t it at least at $3 now? ...this is not how the IMF and the U.S. look at their economy today. Yes, today is not the past! They are going to use Iraq as a hinge pin for a resetting of other currencies to a “level playing field”. This is where the new “baskets of currencies” come from. Yes, there will be many groupings of currencies to create new pegs. These currencies will support each other. These will be major trading partners.
- 3 replies
-
- 5
-
-
-
-
- articles
- boots-on-the-ground
- (and 2 more)
-
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 6-15-2025 Sandy Ingram You cannot exchange foreign currency without your passport [at an international airport]. The amount determines reporting requirements. The limit is $10,000 per transaction per day. Therefore to exchange $100,000 you would need to exchange currency for approximately 10 days. The same holds true when activating transaction over $10,000 at your local bank. Many time small foreign currency exchange services will report the transaction [to the IRS] even if it's under $10,000. 6-15-25 Frank26 Do I think this 'scrimmage', because it's not a war, ...is going to delay or hurt our monetary reform investment in the Iraqi dinar? No. Is it going to speed things up? I don' know about speeding it up. I don't know no date, no rate. I can tell you this, this is fantastic for it...You need this foundation to be established. Security and stability is what's going to hold up the whole CBI building, the whole monetary reform. Yesterday, security and stability was born in the Middle East... 6-15-2025 Militia Man Just because Iraq looks ready, sounds ready, is ready, does the IMF, World Bank, US Treasury, Bank of International Settlements feel they're ready? It's about Iraq but it's not all about Iraq...It isn't just Iraq pushing the button. It's going to have to be something to the effect of that inter-connectivity I've been talking about. They need to be allowed to be able to do that...Bottom line is what we see with all the things collectively to this date shows Iraq is ready. A lot of pressure on everybody to make sure they get it right. 6-15-2025 Clare Article: "Iran criticizes Iraq: We are developing a plan to deal with anyone who chooses neutrality." Quote: "Iranian Deputy Foreign Minister Majid Takht-Ravanchi held Iraq responsible for Israel's violation of its airspace on Saturday evening, while stressing that Tehran will develop a plan to deal with anyone who chooses to 'remain neutral.' "
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-14-2025 Militia Man They know the Oil and Gas Law needs to be resolved. What is it? Change your exchange rate, give the valuation, cost of extraction of oil and get it done. Are they waiting for that exchange rate to happen, that interconnectivity with all the other regional countries and everybody at the same time? I would suspect yes. 6-14-2025 Samson Article: "Inflation in Iraq: Noticeable stability and slight decline in April" 6-14-2025 Breitling The United States or the West doesn't have the mechanism to say whether you can revalue or devalue or anything, the local currency. 6-14-2025 Fnu Lnu The velocity of projects has picked up with hundreds of projects moving forward at a 1300 dinar to dollar ration (REER) and the world is lining up to get a piece of the pie. 6-14-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television talking about how low inflation we have and it's due to policies put in place by the CBI. FRANK: Another screaming factor of a new exchange rate. You can't have a low inflationary rate at a punished sanctioned rate. Everybody knows that. 6-14-2025 Pimpy Want to know how you redeem your money once the exchange rate changes and you're ready to cash in your money? Just go to your bank and exchange your foreign currency for regular US dollars. That's all you have to do. There's no fancy 800#s, no special centers, nothing like that. 6-14-2025 Militia Man We're invested in the Iraqi dinar. We have a relationship with that country in the sense of investment...These guys have been where they were based off oil in the past. They were at a significant era exchange rate. Today they're at 1310...a triple zero stock ~ .000769. Keep in mind when that project delete the zeros changes the value of the exchange rate they redenominate and they add a real effective exchange rate. That's what I'm looking for. 6-14-2025 Samson Article: "US confirms to Al-Sudani that Iraq will not be dragged into 'regional escalation' " 6-14-2025 Mnt Goat Article: "IRAQ TO BECOME “A MASSIVE SUCCESS STORY” Quote: "We’ve been through the worst of it, and we finally see that Iraq is becoming really stable and secure..."
-
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 6-12-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: We see...huge billboards all over the city but they're not from the banks. They are from the government. It is from Suandi, his picture smiling at us. It tells us how much Sudani has done for us and to elect him again in the upcoming elections. It's even on TV new constantly. 6-12-2025 Clare Article "Preparations for the 4th meeting to join the World Trade Organization" Quote "Legislation and laws must be passed that are consistent with the goals of the World Trade Organization, and there must be a suitable environment for foreign investment and freedom." 6-12-2025 Militia Man Just because they're in their 4th [World Trade Organization] meeting doesn't mean they have to have 20. If they're at this stage and they're answering all these technical questions and with the development road project going through I would say the WTO is chomping at the bit to get this thing done. 6-12-2025 Pimpy What we're hoping for is they don't delete the zeros and they increase the exchange rate...There's nothing cut in stone. I want the same thing as you guys. Leave all those large zeros [notes] out there, increase the Iraqi [dinar] exchange rate. I prefer it be done that way. I never said it wasn't going to be done, I just said probability is not very good. 6-12-2025 Frank26 The CBI is going around picking up a lot of the 3 zero notes right now out of the market...Then they're going to introduce it into a card...There is paper money and then there is digital currency and that is what the CBI market is going through right now...The rate of the paper, which is 1310, and the digital card money...have to match... 6-12-2025 Fnu Lnu Question: "Inside Iraq the deletion of Zeros means a 25k note becomes a 25 note. OUTSIDE of Iraq the 25k note will retain its face value. Would not the locals start traveling outside the country to exchange? What would prevent abuse of this system?" It's real simple. First, they issue the new specie (zeros deleted) and require everyone to exchange their three zero notes within a short period of time...say a month. They are not a free country like we are. The government will tell them that after 30 days, their three zero notes will be worthless. [Post 1 of 2] 6-12-2025 Fnu Lnu Currency holders outside the country will then be told the RV has happened and they need to exchange their currency and then that program will start. The rate will be exactly the same. Lets say it is $3.00. The guys with the new currency in the country will have a 25 Dinar note that is worth $75 in USD. The rate outside the country will be $3.00 and the 2500 Dinar note will be exchanged for $75,000.00, USD. The rate is the same inside and outside the country only the value of the currency will differ. The Iraqi will have a windfall especially since that 25,000 dinar note is worth about $26 USD now. HAPPY! [Post 2 of 2]
- 5 replies
-
- 6
-
-
-
-
- article
- boots-on-the-ground
- (and 2 more)
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-13-2025 Frank26 The money they have to back up their currency is astronomical. That fact alone allows me to sleep at night with comfort because I know this is happening. I know it's coming.. 6-13-2025 Fnu Lnu Article: "The Iraqi private sector confronts significant obstacles that must be addressed to unlock the country's economic potential, according to Professor Frank Gunter of Lehigh University, speaking at the Iraq Britain Business Council (IBBC) Spring Conference in London recently." This clarifies my analysis that Iraq is simply not ready for monetary policy changes or economic revamping. There will not be an RV any time soon but it will happen. All the Annual Financial Reports I have read (84 pages) say exactly what professor Frank Gunter says in his address to the IBBC crowd. 6-13-2025 Clare Article: "Government advisor: The Iraqi dinar is stable, but the parallel market is witnessing a significant decline in the value of the dollar." Quote: "Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed and stable rate." 6-13-2025 Militia Man We have a lot of geopolitical information coming out. The news is really back and forth. I like to focus on the progress...Sudani, Sami, Alaq have addressed long-standing structural issues and challenges. They've reduced oil dependency and they've created financial stability and they fostered sustainable growth...They've been focused on... economic diversification...non-oil revenue streams. 6-13-2025 Walkingstick Iraqi banks are mirroring our banks in the United States. IMO these International standards are not for 1310. They're not. It makes no sense. That's why 1310 has become silent. It doesn't make sense internationally. It doesn't make sense logically. There has to be a new rate.
-
REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 6-13-2025 Militia Man Iraq truly does have security and stability. Just because another nation is having some serious, serious dialogue doesn't mean that is a hinderance to the progression of what is taking place because it's a lot bigger than two countries. It's a global issue. 6-13-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Saleh back on TV today...talked about how a fixed rate is better than a floating rate and talked about how sometimes revaluation a currency can help solve black markets. FRANK: Everything that is required for the new exchange rate to come out is being put in position. Even the removal of the Iran's profiteering is about to come to an end... 6-13-2025 Mnt Goat They are telling us they must get these hoards of cash inside the banks... nearly 90% of the cash dinars are still outside the banking system. So, this step is FIRST to concentrate on the in-country dinars. Next they are going to come after the out-of-country dinars. I asked my CBI contact- does this also include our dinars, held outside Iraq with investors? I was told YES...if they don’t’ retrieve these dinars in-country first, before the revaluation...there will be too much in the money supply and hyper-inflation will occur... she told me...They would first retrieve these hoards then, by revaluing the dinar in-country, then bring out the lower denominations. 6-13-2025 MarkZ Iraqi Article: “Al Fateh: The smuggling of the regions oil will not stop until the approval of the oil and gas law” We do expect to see the budget tables and the gas and oil law to hit parliament at any moment. I am hearing a lot of chatter it may hit tomorrow [Friday, 6-13-25]. Am trying to stay calm.
- 1 reply
-
- 4
-
-
-
-
- article
- boots-on-the-ground
- (and 2 more)
