Saturday Evening Opinion @ 6:55 PM PST - 7/26/2025

[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 

 

 

7-26-2025  Frank26  Iran is neutered...they are scattered...that is why the security and stability in the Middle East is now looking at you Iraq to lift the value of your currency because it will set off a chain reaction.  You're the linchpin with many other currencies IMO...A few days ago your security and stability was born in [Iraq], your exchange rate is coming to you.

 

7-26-2025   Maxis [Boots-On-The-Ground] The mass majority of the population is holding all of their large notes and will not deposit them in the banks because they will lose money and they believe that the banks will run out of cash. Due to inflationary concerns they can’t print any more large notes. The CBI has to revalue what they have so the population will redeem their large notes so the CBI can take them out of circulation and install the smaller notes. This information comes from my employees “uncle” who runs a currency exchange In Baghdad...What ever they decide is going to be rough going for a while but it will settle out.

 

7-26-2025  MarkZ  I have some banking and government contacts over there and they have also told me they have started informing key people in key positions…like contractors…what the rate will be so they can start preparing their system. So I am excited…but hesitant because I don’t know what that means for us and money movement yet. But I am hearing from many sources…many contacts ...that the rate is set…we have it…and they are executing it.  Let us hope this is real.More of Mark's B/S..!

 

7-26-2025  Pimpy  Question: "Can you explain...the whole thing about the IQD is now paired on Forex?"  The IQD has been on the Forex before.  It's still paired.  They're not actively trading or doing anything under Forex.  They're already set up.  They already got their 3-digit code which is IQD.  They're already paired with all the other currencies.  That's never changed.   What we're waiting for is for them to do what they need to do for Forex to go, 'Okay, let's start trading now.'   So everything is set up.

 

7-26-2025  Clare  Article: "Meeting in Istanbul reveals new US sanctions on Iraq over Iranian arms financing" Quote: "A private source revealed to Al-Mustaqilla on Friday that a secret meeting was held...between an Iraqi delegation and the assistant to the head of the US Federal Reserve Bank in Istanbul...The source indicated that the US side informed the Iraqi  delegation of new sanctions that would be imposed on Iraq due to what it described as 'financial involvement' related to financing Iranian weapons....These developments come amid increasing pressure from the United States on Iraq to curb Iranian influence and secure the Iraqi financial system from exploitation to support activities that Washington considers a threat to regional and international security."

 

7-26-2025  Frank26  [Iraq boots-on-the-ground report] FIREFLY: The Trump administration rejected the visit of Iraqi Prime Minister Muhammad al-Sudani to Washington DC according to high level sources...the same source confirmed to me the President administration does not support a second term for Prime Minister Al-Sudani.

 

7-26-2025  Walkingstick  Pay close attention. They're telling you the  official rate and the market rate of the Iraqi dinar and the US dollar that the gap is less than 4%. This is big. The reason why is because one of the line items in the 2025 budget that maintains their IQD value is a margin of +/- 2%...This is dangerously close.
 

 

[hspotman]

2 hours ago, ronscarpa said:

7-26-2025   Maxis [Boots-On-The-Ground] The mass majority of the population is holding all of their large notes and will not deposit them in the banks because they will lose money and they believe that the banks will run out of cash. Due to inflationary concerns they can’t print any more large notes. The CBI has to revalue what they have so the population will redeem their large notes so the CBI can take them out of circulation and install the smaller notes. This information comes from my employees “uncle” who runs a currency exchange In Baghdad...What ever they decide is going to be rough going for a while but it will settle out.
 

 

Well my brother's cousin's uncle's second nephew says you need a new Maxi pad.

Edited July 27, 2025 by hspotman