DINAR REVALUATION

Monday, December 9, 2024

MILITIAMAN: " THE FISCAL YEAR OF THE GOVERNMENT BANK ENDS AT THE END OF DECEMBER OF EACH YEAR"

Baghdad.. Exchange Rates Record 152 Thousand Dinars Per Hundred Dollars, 9 DEC

Baghdad.. Exchange Rates Record 152 Thousand Dinars Per Hundred Dollars

Money and business Economy News – Baghdad ]The dollar price witnessed a rise with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 151,000 dinars for every 100 dollars.

The selling price in exchange shops in local markets in Baghdad was recorded at 152,000 dinars, while the buying price was 150,000 dinars for every 100 dollars. Views 61 Added 12/07/2024 - https://economy-news.net/content.php?id=50613

DINAR REVALUATION REPORT: UPDATES ON IRAQ'S HCL , 9 DEC

DINAR REVALUATION REPORT: UPDATES ON IRAQ'S HCL

Summary

Exciting updates on Iraq’s Hydrocarbon Law suggest significant progress may be achieved within three days, raising hopes for economic stability.

Highlights

🚀 Exciting Updates: Major news surrounding the Hydrocarbon Law is generating optimism among Iraqis.
⏳ Cusp of Progress: Contacts believe we may see significant advancements in just three days.
📜 Legislative Movement: The Hydrocarbon Law is nearing finalization after years of contention.
🏛️ Political Consensus: Unprecedented agreement among political factions has emerged during recent negotiations.
✉️ Cultural Nuance: Announcements often follow actions in Iraq, leading to speculation that the law may already be passed.
🎉 Symbolic Occasion: The timing aligns with Iraq’s Victory Day celebrations on December 10th, enhancing the anticipation.
🙏 Hope and Resilience: Iraqis are turning to prayer, expressing optimism for a transformative future.

Key Insights

🌍 Economic Potential: The Hydrocarbon Law is crucial for regulating Iraq’s oil and gas resources, aiming to boost the economy and improve public services.
💡 Unity and Stability: Passing the law could resolve longstanding disputes, particularly regarding revenue sharing with the Kurdistan Regional Government, fostering national unity.
🔄 Public Expectations: A sense of expectancy is palpable among Iraqis, highlighting their desire for stability and equitable resource management.
📈 Legislative Efficiency: Recent efficiency in Parliament signals a shift in momentum, increasing the likelihood of the Hydrocarbon Law’s passage soon.
🎊 Cultural Timing: The potential announcement coinciding with Victory Day emphasizes the significance of this moment for Iraq’s future.
🤲 Divine Guidance: Many Iraqis are seeking spiritual support as the nation approaches what could be a pivotal moment in its history.
🔮 Future Prospects: While uncertainties remain, the current atmosphere suggests that Iraq is on the brink of a new chapter defined by unity and prosperity.

JEFF: " THE RATE WILL CHANGE ON A SUNDAY MORNING" @DINARREVALUATION

Morgan Stanley Raises Oil Price Forecast For H2 2025, 9 DEC

Morgan Stanley Raises Oil Price Forecast For H2 2025

Economy | Mawazine News – Baghdad Morgan Stanley raised its Brent crude price forecast for the second half of 2025 and said it now expects a smaller surplus in the oil market for the full year after the OPEC+ alliance of oil producers decided to delay and slow plans to increase output. The

bank raised its Brent price forecast for the second half of 2025 to $70 a barrel from $66-$68 a barrel in a December 5 forecast.

The OPEC+ alliance, which groups members of the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, on Thursday delayed the start of oil output increases by three months to April. The group said the cuts would be phased in until September 2026, nine months later than previously planned. https://www.mawazin.net/Details.aspx?jimare=257205

AWAKE IN 3D : This Is How Iraq Will Achieve a $3.00 IQD Revaluation, 9 DEC

AWAKE IN 3D

This Is How Iraq Will Achieve a $3.00 IQD Revaluation

I like reality and logical explanations.

And when it comes to an RV of the Iraqi Dinar, I’ll bet you do too.

Iraq is advancing a $3.00 IQD revaluation through currency re-denomination, gold backing, and economic reforms.

This strategic plan aims to enhance stability, improve monetary efficiency, and strengthen global confidence in the IQD.

Key details include how re-denomination (deleting 3 zeros) simplifies transactions, how gold reserves support the currency’s value (gold-backing), and the broader implications for Iraq’s economy and exports.

These steps are designed to create a stronger, more resilient financial system.