DINAR REVALUATION

Tuesday, February 25, 2025

MNT GOAT: They have not yet even opened the 2025 budget, there still can be a rate change coming!!

As the world's largest buyer of gold, Iraq ranks seventh, 25 feb

As the world's largest buyer of gold, Iraq ranks seventh

The World Gold Council announced today, Tuesday, that “Iraq ranked first among Arab countries in purchasing gold.”

He said in a statement, "The volume of Iraq's gold purchases in 2024 amounted to about 20.1 tons, and thus these reserves amount to 152 tons, while Iraq's gold purchases in 2023 were about 12.3 tons."

The council added, "Qatar came in second, followed by the UAE in third, Azerbaijan in fourth, China in fifth, and the Czech Republic in sixth." link

REINALDO JC : 🚨🚨IRAQ BUDGET SCHEDULES🚨🚨, 25 FEB

REINALDO JC

IRAQ BUDGET SCHEDULES

The government source told Shafaq News Agency, "The Ministry of Finance has been working for some time on PREPARING the general budget tables for the year 2025, in order to send them to the Council of Ministers for APPROVAL.”

He pointed out that "the Ministry of Finance will FINISH PREPARING the tables and send them to the Council of Ministers for voting on them in the MIDDLE OF NEXT MONTH,” {MARCH} noting that "the Council of Ministers will vote on the tables WITHOUT DELAY and then send them to the House of Representatives for voting on them."

                              ~(if true)~
RATE CHANGE {mid to end of} MARCH
                         (of course imo)

FIREFLY: "There is a rate and they have, they just not ready to show it yet" @DINARREVALUATION #iqd

Urgent | Oil Minister: We look forward to resuming exports from Ceyhan within two days, 25 feb

Urgent | Oil Minister: We look forward to resuming exports from Ceyhan within two days

Oil Minister Hayan Abdul Ghani confirmed today, Monday, the readiness of the export pipeline to the port of Ceyhan, while there are discussions with the Turkish side to resume exports within the next two days.

Abdul Ghani said in a press statement followed by “Iraq Observer”, “The ministry continues to export oil through the southern outlet in Basra port and Basra oil port.”

He added, "The ministry is now in discussions and correspondence with the Turkish side to resume exports," indicating that "once the Turkish side's approval arrives, exports will resume."

Abdul Ghani expressed his hope that “exports will resume within the next two days,” stressing that “the oil export pipeline to the Ceyhan oil port is ready, and there are some technical matters that need to be reorganized to resume exports.”

He stressed that "the agreed quantity for export through the Kurdistan Region, according to the budget law, ranges between 300 and 325 thousand barrels per day, part of which is used for local consumption, while the rest is exported." link

TIDBIT FROM MNT GOAT, 25 FEB

Mnt Goat

If you are a financer and/or economists and really study how things work in the real world, it can be seen that...increasing the rate of Iraqi dinar will make it more valuable and thus more companies outside of Iraq will want it. Better yet if you reinstate the dinar on the global trading platforms.

Thus, the amount of trade won’t even matter and the dinar will be more acceptable and it will decrease the demand for the dollar on its own...don’t forget also that when the dinar is reinstated it will be repeg off the sole dollar peg and pegged to a weighted basket of currencies. ..

The next step is the in-country RV with the Project to Delete the Zeros. Who will want the dollar when the dinar is more valuable in Iraq? So, as investors we muddle through these trying times. We wait to see what the new Trump administration will do to help or hinder this situation in Iraq.