Thursday Afternoon Opinions @ 3:55 PM MST - 5/29/2025

[ronscarpa]

REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ... RON 

 

 

5-29-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: Guy is doing a television show...from the Central Bank of Iraq.  He's telling...the dollar is declining.  The exchange rate is going down.  He told us this decline is timely and then he said it's steps and mechanisms that have been taken by the CBI...We do see...our currency is getting stronger. FRANK: The decline of the dollar is definitely on purpose...The monetary reform plan was to remove any foreign currency and by doing so it would add value to the Iraqi dinar...This was done on purpose in order to bring you a new exchange rate...purchasing power.

 

5-29-2025  MarkZ  [via PDK]   I don’t think there is any hold up. I think it is just rolling out...I have a lot of bankers saying it could be  $4.81…Some say $4.91...they are saying somewhere in that range the rate is staying constant. I wish someone would just give them the “release” so we were allowed to exchange.

 

5-29-2025  Militia Man There's a reason for the constant avoidance of the 2023/2024 budget schedules.  Article 22 paragraph C isn't exposed yet.  You have to ask yourself why haven't they done that yet.  If they were going to be going into the international [world] at 1310...why didn't they do that at the beginning of 2023?  They don't have an answer for that.

 

5-29-2025  Clare  Article: "RepJoeWilson My letter today with @RepGregSteube to Secretary Rubio asking for sanctioning Iraq to be included as part of maximum pressure." Quote: "We write to express our deep concern over the complete subjugation of Iraq to the Iranian regime... Today, Iraq stands an nothing more than a puppet of Tehran...The National Security Policy Memorandum-2 of Feb 4, 2025 clearly articulates the reimposition of maximum pressure on Iran...Any campaign against the Iranian regime, will require an equally robust campaign against Iraqi institutions, which have become essential clients for the Iranian regime."

 

5-29-2025  Pimpy  Community Comment: "Iraq will reinstate their currency to Forex which will start at a fixed rate, then will slowly float/adjust based on market conditions."  No that's not going to happen because you can't be on the Forex and have a fixed rate.  The Forex is for trading currencies.  There won't be no fixed rate.  If it makes it to the Forex that means they believe in the market to determine their exchange rate.  There is no fixed rate on the Forex.

 

5-29-2025  Frank26  Forex Executive Summary quote: "This memo confirms the Iraqi dinar is fully armed for public rate visibility at $4.81 which activates infrastructure interrogation, live suspension, staging and institutional level confrontation. The rate is suppressed but loaded across all FX-UV telemetry layers. Release is now dependent solely on coordinated political timing optics."  I want you to understand it's not trading yet.  It's not active yet.  It's not live yet.

 

5-29-2025  MarkZ  Article: “Reasons for the continuous decline in dollar exchange rates in Iraq”   CBI economists say its because they have made tremendous changes in Iraq to bring monetary stability. They expect it to continue to increase the dinar value. I think we are about to see the CBI to make a substantial change in the value of the dinar.

 

***** Wednesday Midnight Opinions *****

 

5-28-2025   Frank26  [Iraq boots-on-the-ground report] FIREFLY: Sudani met today with the board of directors from the CBI.  All the banks were there too.  Now in front of everybody he replaced some of the board of directors that were not on board with the new digital system. FRANK: Sudani just fired a bunch of [CBI] board of directors and replaced them with those that want to have the monetary reform.

 

5-28-2025  Pimpy  There is no 'Tier 1, 2, 3'.  That's all a lie.  There is nothing going on in Reno that you need to worry about.  That's all bull ****.  

 

5-28-2025  Militia Man  We have not seen the 2023/24 budget schedules yet and they're not going to see those in the parliament until, I believe, they expose an exchange rate.  That's where we're at.

 

5-28-2025  Paulette  I am hopeful that perhaps the 1390 [Market Rate] target is to enact the Delete the Zeros project (RD/RV) resulting in an annihilation of the Market Rate.  This would then result in Article 8 obligation compliance in order to get to the RI stage. This would be congruent with the 2009 MOP/MOF report of "initially a rate of 1.14-1.18 and held there for a period" - prior to "restoring the true rate of 3.208." I sure hope we are close.

 

 

 

[Luigi1]

Clare  Article: "RepJoeWilson My letter today with @RepGregSteube to Secretary Rubio asking for sanctioning Iraq to be included as part of maximum pressure." Quote: "We write to express our deep concern over the complete subjugation of Iraq to the Iranian regime... Today, Iraq stands an nothing more than a puppet of Tehran...The National Security Policy Memorandum-2 of Feb 4, 2025 clearly articulates the reimposition of maximum pressure on Iran...Any campaign against the Iranian regime, will require an equally robust campaign against Iraqi institutions, which have become essential clients for the Iranian regime."

 

 

 

This is not looking good...

All we need are more US sanctions placed on Iraq to kill our RV-RI prospects.

IMHO.

[yendor]

 

5-29-2025  Frank26  Forex Executive Summary quote: "This memo confirms the Iraqi dinar is fully armed for public rate visibility at $4.81 which activates infrastructure interrogation, live suspension, staging and institutional level confrontation. The rate is suppressed but loaded across all FX-UV telemetry layers. Release is now dependent solely on coordinated political timing optics."  I want you to understand it's not trading yet.  It's not active yet.  It's not live yet.

 

 

Very good. In other words, we are in the same place we've been for the last 20 plus years. BUT, WE ARE CLOSER THAN WE HAVE EVER BEEN BEFORE !

 

See you in another 20 years !

[Luigi1]

36 minutes ago, yendor said:

 

5-29-2025  Frank26  Forex Executive Summary quote: "This memo confirms the Iraqi dinar is fully armed for public rate visibility at $4.81 which activates infrastructure interrogation, live suspension, staging and institutional level confrontation. The rate is suppressed but loaded across all FX-UV telemetry layers. Release is now dependent solely on coordinated political timing optics."  I want you to understand it's not trading yet.  It's not active yet.  It's not live yet.

 

 

Very good. In other words, we are in the same place we've been for the last 20 plus years. BUT, WE ARE CLOSER THAN WE HAVE EVER BEEN BEFORE !

 

See you in another 20 years !

 

The closer you get to your end goal...the further away you become.

Ask Murphy.

[rvmydinar]

4 hours ago, yendor said:

See you in another 20 years !

So just hibernate and wake up in 2045?