Sun, Aug 3: Wolverine confirms 💸 “Money has been deposited into paymasters’ accounts. Everything’s ready!” Bond Holders already have appointments for Aug 4 📅.
Trigger Funds Paid: A2Z Dreamz confirms trigger payments happened Aug 1, unlocking appointments & confirmations this week 🔓.
Judy’s Warning: Avoid banks for currency exchange! Better rates await at Redemption Centers 📞 with appointments via 800 numbers.
Executive Orders: Signed July 31 by President Trump, adjusting tariffs on Iraq, Vietnam & others. Countries must comply by Aug 7 or face higher tariffs 🚨.
As of August 4, 2025, excitement is at an all-time high 🌍 around the Global Currency Reset (GCR) and Republic Restoration.
Key financial triggers have been activated ✅, with funds now deposited into paymasters’ accounts 💰 and bond holders scheduling appointments 📅 to exchange currencies.
Trusted sources like Wolverine and A2Z Dreamz confirm the “trigger group funds” were secured on August 1st, paving the way for major rollouts this week ⚡.
Expert Judy Byington advises caution ⚠️, warning against using traditional banks for Iraqi Dinar (IQD) and Vietnamese Dong (VND) exchanges. Instead, Redemption Centers 📞 offer better contract rates and smoother processes.
With important tariff changes expected August 7th and new Forex rates by August 15th 📊, the financial world watches eagerly for a new dawn 🌅.
PAYMENT OF DUES IN BLACK OIL AND TIGHTENING CONTROLS AT PORTS ARE THE MAIN REASONS FOR THE DOLLAR’S DECLINE.
10 interpretations from expert Manar Al-Abidi
Economic researcher Manar Al-Obaidi reviewed 10 reasons behind the decline in the dollar exchange rate against the dinar in Iraqi markets on Monday, stressing that they have collectively created an economic environment that has contributed to strengthening the dinar’s value. He pointed out that these reasons range from direct economic factors, such as deflation and a decline in spending, to procedural and regulatory factors, such as tightening border controls and traders’ shift to the formal banking system, in addition to circumstantial factors related to the elections and the increasing number of expatriates.
The exchange rate of the dollar against the Iraqi dinar has witnessed a significant decline recently. This decline is due to a combination of intertwined economic and procedural factors,
which vary in their impact but have collectively contributed to strengthening the dinar. The most prominent of these factors are:
1- Economic contraction and declining consumer confidence:
The uncertainty facing the Iraqi market due to the economic slowdown has led to a decline in individual and institutional spending confidence, negatively impacting overall demand and thus reducing the need for the dollar as a catalyst for trade.
The government’s focus on operating spending rather than investment has slowed economic activity. Since the general budget is the primary driver of economic activity, reducing investment spending has reduced aggregate demand, including demand for the dollar.
3- Tightening control over border crossings:
Government measures to prevent smuggling and regulate relations with the Kurdistan Region have helped curb the phenomenon of overbilling, reducing the unreal demand for dollars on the parallel market.
4- Merchants’ transition to the formal banking system:
Markets have witnessed a large segment of traders entering the formal banking system and adopting the official dollar exchange rate through approved platforms, which has reduced trading volume in the parallel market and eased pressure on the dollar.
5- Decline in re-export operations:
The decline in re-export activity to neighboring countries has reduced demand for imported goods, which has directly impacted the need for dollars to finance these trade transactions.
6- Settling the dues of major companies with petroleum products instead of cash:
The government has settled part of its debts to foreign companies in black oil and naphtha instead of cash, reducing reliance on dollars sold by the central bank and increasing their supply in the market.
7- Preparations for the electoral process:
As the election season begins, campaign spending increases. This spending is often financed from dollar reserves, which necessitates converting large amounts of these reserves into dinars to cover campaign expenses, thus increasing the supply of dollars.
8- Increase in the number of foreign visitors and arrivals:
The increasing number of immigrants to Iraq has brought significant amounts of foreign currency into the local market, providing an additional source of hard currency outside of central bank sales and contributing to increased dollar availability.
9- The cessation of illegal trade as a result of the closure of the border with Syria:
The closure of border crossings with Syria has curbed smuggling and illegal trade, which was heavily reliant on dollars on the parallel market, leading to a further decline in demand for the dollar.
10- Decrease in the issued currency and withdrawal of part of it from the market:
The Central Bank of Iraq withdrew a portion of the dinar money supply from the market, creating a double demand for the Iraqi dinar against the dollar. This balance in demand for the two currencies helped strengthen the value of the dinar and raise its exchange rate against the dollar in the parallel market.
Heading into August, no RV yet — many still stuck on the outdated idea that “budget tables (Article 12)” are the key trigger. Spoiler: they’re not.
Budget tables only allocate funds to projects postponed till 2026+, not linked to RV. Iraq funds projects in dollars, not dinars.
The Central Bank of Iraq (CBI) has been working for years to stabilize and control the dinar’s value by managing the black market and aligning rates with the official peg to the dollar.
Recent news confirms market stabilization and tighter government controls are reducing dollar speculation and parallel market chaos.
Iraq’s currency is pegged to the USD, but a true RV requires moving to a basket of currencies
peg, which depends on a US financial reset away from the petro-dollar system.
The reset involves US financial reforms, tackling national debt, and shifting economic structures — a slow, complex political and economic process.
sovereign guarantees and banking reforms completed — key groundwork for the future RV.
Oil & gas political issues remain, but recent agreements show progress towards passing Iraq’s long-awaited Oil and Gas Law, critical for economic stability.
The dinar RV is tied to much bigger global financial moves — it’s not a simple flip, but a multi-year strategy involving geopolitical and economic shifts.
The big question: Do you have the patience and guts to wait it out? This isn’t a quick win — it’s a marathon.
AL-HARKI: THE OIL AGREEMENT BETWEEN BAGHDAD AND ERBIL IS A STEP TOWARDS ENACTING THE OIL AND GAS LAW.
(All I can say is two things: Hurray! and “I told you so” …lol..lol..lol.. opps that three if you count my laughter.)
A leader in the Patriotic Union of Kurdistan, Ahmed Al-Harki, considered on Wednesday that
the recent agreement between the federal government and the regional government is a positive interim step, but it constitutes a real beginning to strengthen trust between the two sides, and
paves the way for the approval of the oil and gas law that has been postponed for nearly two decades.
Al-Harki said in a statement to Al-Maalouma, “The oil and gas issue between Baghdad and Erbil is moving toward a solution, especially after reaching the interim agreement, which is a real beginning to restore trust between the two parties.”
He added, “Although the agreement is interim, it will open the door to strategic solutions and lead to a final agreement on regulating the oil file, which enhances the chances of approving the oil and gas law during the first session of the next parliament.” It is noteworthy that Baghdad and Erbil announced last Thursday that they had reached an understanding on the export of the region’s oil, which paves the way for the resumption of exports through the SOMO company after a hiatus of more than two years.
🔹 CBI is pulling dinar off the streets — reducing money supply to create double demand vs. the USD. 🔹 This strategic move is causing the IQD to strengthen on the parallel market (unofficial exchange). 📈 🔹 The tactic: Less dinar in circulation = more value per note. Smart monetary tightening by the Central Bank. 🔹 Meanwhile, rumors about the destruction of 62 trillion dinars
have been officially denied. ❌🔥 🔹 PM Sudani’s financial advisor calls the claim "baseless and economically absurd." 🔹 Clarification: 88% of Iraq’s money supply is in the hands of the public, not destroyed
— it's just outside the banking system.
💡 Bottom Line: Iraq is playing its cards wisely — tightening the dinar supply, fighting false rumors, and boosting demand. All signs point to a potential exchange rate rise on the horizon.
Article: “Among them is the economic contraction.. An expert reveals the reasons behind the decline in the exchange rate." Quote: "The Central Bank of Iraq withdrew a portion of the dinar money supply from the market, creating a double demand for the Iraqi dinar against the dollar.This balance in demand levels between the two currencies helped boost the value of the dinar and raise its exchange rate against the dollar on the parallel market."
Article: "Al-Sudani's advisor denies rumor of 62 trillion dinars being destroyed: It is baseless." Quote: "The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed that the circulating rumors regarding the destruction of half of Iraq's currency, amounting to approximately 62 trillion dinars, are baseless, describing them as illogical allegations that lack the slightest degree of credibility and economic logic...He explained that approximately 88% of the monetary mass is held outside the banking system in the hands of individuals, not in any single institution."
A STATE-OWNED BANK ANNOUNCES THE SETTLEMENT OF 87% OF IRAQ’S EXTERNAL DEBT.
Rafidain Bank announced on Wednesday that it had achieved “substantial” progress on its foreign debt portfolio, settling approximately 87% of total international obligations through high-level financial and legal negotiations, resulting in a significant reduction in the volume of foreign debt.
The bank said in a statement today, “In the context of Iraq’s commitment to the Paris Club Agreement, and with the direct approval of the Council of Ministers, the bank concluded major negotiated settlements with Dutch and French creditor companies,
the most prominent of which was: Cabinet Resolution No. (403) of 2025: Settlement of three lawsuits filed by Dutch companies with a concession rate in favor of the bank exceeding 90% of the value of those claims.
The statement explained that “the bank has achieved significant legal successes abroad, most notably winning lawsuits in Turkey and Lebanon, enabling it to recover more than $2.8 million, reflecting the competence of its legal apparatus and its ability to defend the state’s rights before international courts.”
The bank affirmed in its statement that it “continues its efforts to close the remaining issues through final settlements, which will strengthen Iraq’s sovereign rating and consolidate international confidence in its financial stability and commitment to sound financial governance.”
🔹 Bruce confirms there IS a live rate on the dinar at banks — he’s seen it at just over $9 USD per IQD. 🔹 However, redemption centers (not banks) hold the contract rate, created under a Trump-era agreement. 🔹 This contract rate is approx. 9x higher than the current bank rate. 🚨 🔹 Banks will NEVER offer that contract rate — it’s exclusively available through redemption centers. 🔹 To access it, you must call the toll-free number (800#) once it’s released and schedule your appointment. 🔹 Rate updates are expected when Forex reopens Sunday at 5 PM ET.
🔹 New dinar rates should reflect at banks and redemption centers by Monday. 🔹 Bruce advises: Wait for the official 800#, call to book your appointment — don’t settle for bank screen rates.
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Bruce
[via WiserNow]
We understood that there was, and may still be, a rate on the dinar at banks. And I've heard what it is. I haven't seen 10, but I've seen a little over nine at the bank.
Now we also heard that we know that there is a contract rate at the redemption centers that is not available at the banks and never will be - the redemption centers had the deal that President Trump put in place so that Dinar holders could get a very high value.
And I mentioned that it was approximately 9 times higher than the bank rate that was out there as of Tuesday, that was around 10 and I said this rate that we know, and it was a little bit over nine times that rate at the redemption center.
I wanted to clarify the reason to use the toll free number when we get it and call to set up your appointment for the redemption center... you're going to be so much better off with the rates. We're hearing it's supposed to adjust...when the Forex reopens again... Sunday at 5pm Eastern...
we are understanding from our...sources, that we're going to have a new rate on the dinar after the Forex reopens...We probably won't know about it until Monday, and would be reflected at Banks – they would have a rate and redemption centers would have a rate, just a normal front screen rate...I'm told that we should...call the call center to set up our appointment starting Monday afternoon...