UST Gives Iraq Permission To RV 1 to 1.

[Luigi1]

Here's F26 two cents worth...over the weekend F26 claimed Iraq asked the UST for permission to RV 1 to 1...Now we are hearing UST gave the go ahead...this is an F26 rumor...we could not verify Iraq asking for permission let alone UST giving the go ahead...

 

Frank26 via Iraq-Boots-On-The-Ground Report:   Permission Granted.

OMAR:  Multiple sources claim Iraq has received UST Permission to move towards a 1 to 1 ER with the USD. 

As exciting as that is & possibly very true, we do not have officia mation of this yet.

What’s officially confirmed:  We have all the experts suggesting this is where we’re going. 

The current official rate remained 1320 IQD per USD as per the IMF & CBI updates.

Saleh stated…the market remains stable under current controls. 

[Luigi1]

Here's another article of Dinarian interests...Iraq-Turkey reach a water deal...

 

Militia Man:   Iraq-Turkey A Water Deal.

Article:  “PM sponsors the singing of the ceremony with the mechanisms for the water cooperation agreement between Iraq & Turkey” 

Water is a very big deal.  

Historic oil deal done. 

Historic water deal done. 

Now, are we going to watch for a historic revaluation?  

The CBI deputy governor has talked about removal of zeros again. 

Alaq is confirming that. 

Also they talk about not floating the currency because it would be a peg or a managed... peg/managed float, they have different names.

[Luigi1]

Here's Henig's two cents worth...US-Iraq peace initiative...

 

 

Henig: Iraqi PM:  Let Us Join In America’s Peaceful Prosperity — & Help Calm The Middle East.

ARTICLE:  America has long been a leader in innovation and opportunity. Iraq is ready to match that leadership with its resources, its youth and its determination, writes Iraqi PM Mohammed Shia al-Sudani (pictured).

 

REUTERS By  Mohammed Shia al-Sudani  Published Nov. 3, 2025, 6:49 p.m. ET
 
For decades, security concerns shaped relations between Iraq & the US almost exclusively.

 

Long wars, the fight against terrorism & heavy sacrifices on both sides left deep marks.

 

Yet Iraq today is no longer the country it was 20 years ago.

 

Our armed forces are stronger, our institutions more mature & — thanks to cooperation with the US & the int;l coalition — we are increasingly capable of defending our sovereignty.

 

The gradual reduction of coalition troops is not a retreat but a reflection of Iraq’s growing confidence  & its willingness to shoulder responsibility.

 

This transition marks the beginning of a new era — one focused on prosperity rather than mere survival.

 

Iraq now seeks a partnership rooted in economic opportunity: We need investment, jobs & access to markets, while the US brings leading expertise in technology, energy & agriculture, along with unmatched investment capacity.

 

By combining Iraq’s natural wealth with America’s innovation, both nations stand to benefit.

 

Recent agreements with companies like Chevron & General Electric are not just contracts on paper; they represent real jobs, stronger infrastructure & a more stable Middle East.

[SocalDinar]

Why would they need permission from our treasury?

[Luigi1]

8 minutes ago, SocalDinar said:

Why would they need permission from our treasury?

 

They don't.  Iraq is a free & sovereign nation.

[BETTYBOOP]

I would be very happy to support Iraq in going 1:1 now. Monitor for inflation until the end of the year and the return to forex in the 1st two weeks of 2026. That would work just fine for me.

[edbeach]

Correct they do NOT need the approval of the US Treasury. Frank26 is continuing his BS just Mark Z. I guess Franke 26 needs more money so he has to continue makingup these BS stories.