๐จ WHY DOES THE IRAQI DINAR REMAIN CHEAPER THAN THE KUWAITI & JORDANIAN DINARS? ๐ฎ๐ถ๐ต
MNT GOAT
So, let’s look at yet another interesting article titled “WHY DOES THE IRAQI DINAR REMAIN CHEAPER THAN THE KUWAITI AND JORDANIAN DINARS?” This article is really a WOW! WOW! WOW! one as it is all revealing to us investors and confirms many of the answers to the questions that I have been trying to reveal to you, like what is holding up the RV?
I am going to quote directly from this article and then add in my own commentary to explain it. I hope this helps everyone:
I quote: “Economic expert Hussein Al-Falluji revealed the reasons for the decline in the value of the Iraqi dinar compared to the Kuwaiti dinar and the Jordanian dinar . Al-Falluji said in a televised interview followed by Al-Sa’a Network that “the reasons are due to the existence of a gap between dollar revenues and dinar revenues in Iraq .”
So, this is telling me that the local economy must get stronger and meet or surpass the oil revenues? Can it? The local economy generates dinars and the oil generates dollars. Get it? That is the gap they are talking about. To get the dinar stronger then the dollar they must generate more revenues using the dinar than the oil generates from the dollar. Is this even possible? Or how much is enough? Is 45%-50% enough to raise the dinar equal to the dollar?
Certainly, the US is not going to approve the selling of oil for dinars any time soon. Is it someday? Again, we go back to getting off the sole rentier economy of the petro-dollar as an answer to raising the dinar like it or not.
So, again this last quote about the deciding on what constitutes criteria for the strength of this dinar always puzzles me. Does not oil come from the ground in Iraq? It is not sold on the market in high demand? Does it not generate enormous revenues? Why not include it in the value of the dinar then? The answer to this last question was given in the last quote. It is ‘artificially” separated (manipulated), get it?
They why penalize Iraq and not include oil in its value in the value of this dinar? You see this is exactly what they are doing when the exclude the oil from the value built into the dinar. It is called ‘artificial manipulation”. I know many of us investors keep talking about all the oil and how Iraq has one of the riches oil fields in the world, bla, bla, bla. But the true value of all this oil is not being reflected in the currency. I have to ask when is enough is enough to stop the fake manipulation of the dinar?
Why is value the dinar almost solely based on the what the said local economy can generates. Why isn’t oil considered part of the revenue of the local economy as it is in Kuwait and Jordan? There is a disconnect here. Do you see it too? Yes, I see what the IMF and the US is doing in valuing the dinar and what they say Iraq needs to do to bring the value of the dinar up but is this really playing on a level playing field or just false manipulation? Is this coercion, a contradiction of what Trump told everyone to “we will be all on a level playing field, it is the only way we can compete”? What is taking him so long then to change the biggest culprit of this currency problem, like with the Iraqi dinar not China or Japan? Is trade very fair for Iraq? How do they compete with the rest of the world?
Does Trump mean they all have to get fixed together? Are we maybe waiting on the Iranian Rial or others too? Is Iran a much bigger player than most think after all we do from time to time see the Rial on the bank screens as over $2 as a pending revaluation. Why haven’t they currently stripped the Rial off of FOREX like they did to the Iraqi dinar during its wars?
These questions are all VERY strong evidence that some plan is in the making behind the scenes that they are not telling most people about.
I quote again: “He added that “Kuwait and Jordan have an internal income cycle that depends on the local currency, unlike Iraq, whose internal economic cycle depends heavily on the dollar .”
Is it clear to you now? How did Iraq get into this mess? Were these two gulf wars with Iraq intentional to booster the American dollar using the oil to do it? Was the US deficit killing the dollar? Did the banking cartel (the Federal Reserve) care about the large deficit or go along with it since it stands to make trillions off a larger deficit. Remember Saddam Hussien was NOT going along with the petro-dollar and wanted to use the IQD to sell oil. Do you see the plot here unraveling? Are you connecting the pieces as to why we still wait for the revaluation and move to FOREX. Does Iraq want it but the globalist and banking cartel is fighting this move? So, who or what is holding it back? You have to see it folks, it is right in front of your noses.
I quote again: “He explained that the Gulf states set the price of oil in their general budgets and transfer all financial surpluses to sovereign and investment funds, while Iraq sets its budget based on an optimistic price for a barrel of oil, then is surprised by a drop in selling prices, which causes a gap and a financial deficit that pushes it to borrow in order to cover expenses and pay obligation”
So, this last statement in the article is playing out right now causing the devaluation of the dinar to around 1650 from 1320. It also tells us the dinar rate is not used for budgeting and never will as long as long as Iraq is – 1) its still selling oil for the petro-dollar or 2)cannot get the economy self-sufficient and generate revenues to pay its bills beyond the petro dollar revenues or at least beyond a reasonable level. They now have a plan under al-Zaidi as I have said is to generate up to 45% to 50% of non-oil related revenues. Will the Development Road Project help? Will the Customs and Tariffs revenue help? How many times have I already talked about this revenue to you? We read a few articles recently in my Newsletter about this new plan of Al-Zaidi.
I also want you to understand that we have read multiple articles over the years from the financial advisor Saleh to transfer all financial surpluses to sovereign and investment funds and not just dump it into a fund with Chase / JP Morgan bank in NYC under the control of the US Treasury. So this has to change too.
I also get this feeling that the banking cartel through the Central Banking System wants countries to borrow money. First they put them in almost helpless situations using the IMF and the UN, then when they can’t pay their bills, go to the IMF to borrow. Iraq tried this before and paid off its loans to the IMF. It does not want to do it again. We read about all these loans in the consultation sessions with the IMF. Remember? So, this strategy from the CBI is a good thing. Through these loans is how Dr Shabibi was able to keep the rate of the dinar so low at 1166 or less. Remember those days? By not borrowing money another tool used is simply to devalue the currency. Again, I am shocked at Iraq even to have to think about any of these solutions with the amount of oil revenue they generate.
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To be honest I must also include the slowness of Iraqi politics in getting things done as huge obstacle to the RV happening. I don’t know what it is with these Arabs…lol..lol..lol.. I also want to say that enforcement of new laws is also VERY lackadaisical and sometimes non-existent. We all witnessed it and many of you comment on it from time to time. In this next article we see this effect on Iraq. It is titled “ECONOMIC EXPERT: THE RISK OF A BLACKLIST REMAINS IF IRAQ’S COMMITMENTS ARE DELAYED.”
Economic expert Manar Al-Obaidi confirmed on Saturday (June 20, 2026) that the risk of being blacklisted still exists if Iraq’s commitments are delayed. “Iraq is on the right track in the fight against money laundering and terrorist financing, following the recent statement issued by the Financial Action Task Force (FATF), while warning at the same time of the risks of laxity in implementing the agreed obligations.”
He added that “Iraq’s continued participation in the cooperative process with the Financial Action Task Force through an agreed joint action plan reflects its continued integration into the international financial system and the preservation of its banking relationships, without imposing any countermeasures against it.”
He explained that “this development is a positive indicator, but it does not mean the end of the challenges,” stressing that “the next stage requires serious work to implement anti-money laundering laws in all their forms in all governorates and regions without exception.” He pointed out that “the opportunity is still available for Iraq to complete the requirements of financial reform, stressing that neglecting it will have a high cost to the state and citizens.”