Talk Of Rising ER Is A Media Frenzy To Serve A Specific Group.

[Luigi1]

Here's some articles of Dinarian interests...

Direct From The SANDBOX Report.

Talk Of Rising ER Is A Media Frenzy To Serve A Specific Group.

Treat as rumors.  Not verified.  Your opine.

 

 

FROM IRAQI SOURCES:  Economist: Talk Of Rising ER Is A Media Frenzy To Serve A Specific Group.

ARTICLE:  Economic researcher Diaa Abdul Karim believes that the talk circulating in the public sphere & the media about a rising Dollar ER is nothing more than a media frenzy serving the interests of certain financial traders.

 

Abdul Karim stated that "the exchange rate at official & parallel market outlets remains stable at specific figures despite slight fluctuations, which do not constitute a change in the ER."

 

He added that "the Iraqi public is apprehensive following media rumors of an anticipated increase in ER, but the reality is different.  There is no official government move to raise the  ER & what has occurred is merely a media frenzy."

 

He clarified that "the government & the monetary authority determine the official  ER & it is unlikely that the rate will be changed at present or even with the arrival of the new government, especially given the stability currently prevailing in local markets." 

 

CBI Postpones The Requirement For Prior Customs Declarations Until 2026 & Exempts Four Goods From The Decision.

ARTICLE:  The CBI has postponed the requirement for companies wishing to purchase USD for importing goods until January 2026, with the exception of four specific commodities for which the requirement remains mandatory.

 

This postponement comes after the procedure was initially scheduled to take effect on Monday, December 1, 2025, as previously announced by the General Authority of Customs.

 

In an official letter to licensed banks issued on Sunday, November 30, the CBI directed the suspension of the prior declaration requirement until January 1, 2026, while maintaining its mandatory nature, effective December 1, for the import of gold & jewelry, mobile phones, cars & refrigeration equipment.

 

According to the decision, the prior declaration will be optional for companies importing other goods until the beginning of 2026, after which it will become mandatory.  The bank exempted goods that arrived at border crossings before December 1 & for which financial transfer procedures have not yet been completed, as per the invoice or commercial contract.

 

On November 25, the General Authority of Customs began implementing a procedure requiring companies to pay customs duties in advance & notify the CBI through the ASYCUDA system to allow the entry of goods.  This has led to difficulties for companies in the Kurdistan Region, as the region does not operate under this system.

 

In this context, Sami Jalal, advisor to the Minister of Interior in the Kurdistan Regional Government, stated in press remarks reported by the Iraq Observer Agency, “The Kurdistan Region is not part of the ASYCUDA system & we will be in negotiations with Baghdad regarding pre-clearance customs procedures to resolve this issue before the new year.”

 

Companies in Iraq & the Kurdistan Region benefit from the official ER set by the CBI at 131,000 Iraqi Dinars per 100 USD, as part of measures to regulate import financing & control border crossings.

 

US Deputy Secretary Of State Michael Regas Arrives In Iraq.

ARTICLE:  An informed source in the Kurdistan Region confirmed that US Deputy Secretary of State Michael Regace arrived in Erbil on an official visit.  This visit follows an announcement by the US Embassy in Baghdad a week ago regarding arrangements for his arrival in Iraq as part of a tour that includes high-level meetings.

 

Regace's visit precedes the arrival of US President Donald Trump's Special Envoy to Iraq, Mark Savaya, scheduled for the coming days.  Political circles are suggesting joint coordination between the two visits regarding regional issues& the US presence in the country.

 

The source explained that Regace will meet with a number of officials in the Kurdistan Region & will discuss issues related to bilateral relations, economic cooperation & joint security arrangements.  No official statement has yet been issued regarding his schedule of meetings in Baghdad.

 

The Security Council Will Hold A Session Tomorrow On The Situation In Iraq.

ARTICLE:  The United Nations Assistance Mission for Iraq (UNAMI) announced today, Monday, that the Security Council will hold a session on the situation in Iraq tomorrow, Tuesday.

A statement from the mission said, "The UN Security Council will hold a session on the situation in Iraq tomorrow, Tuesday, at 10:00 AM New York time (6:00 PM Baghdad time)."

The statement added that "the Special Representative of the Secretary-General for Iraq, Mohammed Al-Hassan, is expected to brief the session on developments in Iraq & on the work of the United Nations Assistance Mission for Iraq (UNAMI)."

 

[Luigi1]

Here's an article of GCR interests...silver is at an all time high...

 

 

From Financial Sources:  Silver Jumps To All-Time High, Supported By Tight Supplies.
ARTICLE:  Silver prices jumped more than 2% on Monday morning, hitting a new record high, benefiting from a continued decline in global supply & rising expectations of an interest rate cut in the US this month.

Silver traded at $57.86 an ounce, its highest level ever, extending its gains for the 6th consecutive day after rising 6% in Friday's session.

 

On the stock market, shares of silver mining companies also rose on Monday, with Sun Silver shares climbing 20% and Silver Mines shares rising 12% in Australia, while shares of China Silver Group, listed in Hong Kong, jumped 14%.

Silver prices have more than doubled since the start of the year, supported by limited supplies in physical markets.

 

In 2025, silver stole the spotlight from gold after recording unprecedented record levels, confirming that its controversial title of "the devil's metal" is not without reason, as it is known for its sharp fluctuations that confuse markets & surprise investors.

Silver, which usually moves in the shadow of gold, made a historic leap this year, after its price exceeded $54.47 an ounce in mid-October, an increase of 71% year-on-year, before retreating slightly only to rise again amid a supply shortage crisis.

Market experts believe that this wave is not temporary, but rather carries new dynamics that may push prices even higher.  

[Luigi1]

Here's MZs two cents worth...Rumor Iraq is trading in country at $1.36 Out of country $4.08. Hope its true...

 

 

Some highlights by PDK-Not verbatim.

THREAD: Rumor Iraq is trading in country at $1.36 Out of country $4.08. Hope its true.

Member: Blessed Tuesday morning everyone.

Member: I wonder- what are the betting odds for this to go mid month?

Member: Last week Mark said we have a RV window between today Dec 2 through Jan 2.

MZ: That window has not changed based on what I am hearing. Keep in mind nobody knows the exact timing but its close based on in country, out of country, banking and groups.

MZ: No bond updates yet. I did not expect one until later tonight.

Member: So who will be the new Fed. Reserve chairman?

MZ: I believe it could be Kevin Hasset that will be leading the Fed. Perhaps they are saving Judy Shelton for the Treasury – when its time & not the Fed. I think she will get a “superior” position.

Member: I'm glad you mentioned that about Judy Shelton, she needs to be in the fold.

Member: Silver is at $58.33 this morning.

Member: Buffett alerts people of the slow crash, that everyone expects to turn around, but it won't.

Member: Rumor Iraq is trading in country at $1.36 Out of country $4.08. Hope its true.

Member: Frank26 reported the CBI may have submitted the newER to the IMF for approval?

MZ: I very much believe the CBI has submitted a new ER to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened. So I believe it. I have heard it from several sources.  

MZ: I very much believe the CBI has submitted a new ER to the IMF. Do I have any hard proof of that? No. But I have had enough connected people tell me this happened. So I believe it. I have heard this from several people.

Member: Has HCL passed yet.

MZ: We have seen pieces & parts of it but entire HCL has not passed yet.

Member: Trump announcement today hope it is good this time.

Member: Why does every country have to wait for Iraq? Can't the other countries pull their own trigger?

MZ: “UN Security Council holds meeting on situation of Iraq” This came out late last night. They are talking about the UNAMI mission in Iraq.  They are having a meeting today….presently…right now in New York. It started at 10:00 AM EST. 

MZ: They are discussing finishing closing & removing the UN presence in Iraq. This is another one of those things that I was told when complete when we get paid we leave. This was a item on the check list that they are checking off.

Member: Wish we knew what is on that checklist. What has been done & what is left to do?

MZ: The US deputy director for the State Dept yesterday. He has arrived in Iraq. Meetings have been ongoing.

MZ: So we have the US Deputy Director of State in Baghdad. We have Trumps special envoy, Mark Savoya in Baghdad. We have the UN Security council meeting going on as we speak in New York. There is a lot going on with Iraq right now & very interesting timing.  Lots are happening all at once.

Member: Anyone know what that new "mechanism" was that was implemented on Dec 1st?

MZ: It was a new customs collection system to run through Iraqi banks. We talked about this yesterday that they were postponing it until Dec 31/Jan1 to complete the implementation. This was to change how money moves across borders.  

MZ: BUT, today “Advance customs declaration comes into effect” They will be implementing pieces of it throughout the month. They want it to be fully up & running by Dec 31. IMO they have to have the new system done with a new value to be fully implemented.

MZ: Watch things. It's happening before our eyes.

MZ: All indications as the political process happens in Iraq is that we are going to get Sudani back as the PM.

MZ: “Iranian Rial continues to collapse against the Dollar”  We saw Kuwait RV. We are watching Iraq. So is Iran the next one? Right now one USD will buy almost a million Iranian Rial.

Member: Seems like the White Hats do not care about anybody.

MZ: I lost faith in them a long time ago. I put my faith in the economic fundamentals because I can see what is happening. The reset is going to happen whether they want it to or not. I am not counting on some “White Hats” humanity. Maybe they have it- but I have not seen any evidence of them. Until we seem some evidence I am not going to believe them.

Member: if the fundamentals are so good then why are still waiting?

Member: Stay positive-  We're at an extended version of this crazy movie.

Member: I believe the first week of December is going to be very interesting.

Member: Hey Folks, I've seen so many feeling overwhelmed & stressed ~ Take a step back, breathe, take a day off. If the holiday season stresses you out, you're doing it wrong so do something different & Smile.

Member: Have a blessed & safe day everyone. Much love to all!

[Luigi1]

Here's Ariel's two cents worth...BRICS QFS is now live...

 

 

Ariel: The World Enters a New System this December 1st.   BRICS QFS Is Now Lve.

 

From Stellar BRICS:

DECEMBER 1ST | THE WORLD ENTERS A NEW SYSTEM.

 

Winter is coming.  But this year?

THIS WINTER WILL BE HOT.

Because on December 1st, something the world has never seen before will ignite across the quantum grid:

 

 

THE BRICS x QFS PROJECT GOES LIVE.

-The alliance that spans continents.
-The system that rewrites global finance.
-The partnership powerful enough to bend the old world into the new.

-On December 1st, BRICS steps into the Quantum Financial System and activates the largest liquidity   engine in the history.

 

 

[Luigi1]

Here's Clare's two cents worth...USD Extention waivers on some Iraqi Imports...

 

 

Clare:   USD Extention Waivers On Some Iraqi Imports.

Article:  “The CBI postpones the requirement for prior customs declarations until 2026 & exempts four goods from the decision”   

Quote:  “The CBI has postponed the requirement for companies wishing to purchase USD for importing goods until January 2026.

This postponement comes after the procedure was initially scheduled to take effect on Monday, December 1, 2025.

The CBI directed the suspension of the prior declaration requirement until January 1, 2026, while maintaining its mandatory nature, effective December 1, for the import of gold & jewelry, mobile phones, cars & refrigeration equipment.”

[Luigi1]

Here's F26 two VIDEOS of interests...

 

 

Frank26:    12-1-25….USA.

Google key words in title to bring up VIDEO at source.

 

 

FRANK26:    12-1-25….USA PART 2.

Google key words in title to bring up VIDEO at source.

[screwball]

ending of unami means the central bank of Iraq would likely need to take additional steps to stabilize the currency if such risks materialized, such as through foreign currency reserves, inflation management, or capital controls.

[screwball]

if they believe they have economic and political stability and decide to end it this would be good for us as the assistance and money stops.

[screwball]

all at the right time....