TIDBIT FROM PIMPY, 4 MARCH

 Pimpy 

Article: "Iraqi dinar hits nine-month high against the US dollar"

  This is good.  This means the Iraqi dinar has grown in value...It's not much of a jump but if you put things in perspective it seems like a pretty big jump signaling a positive shift in the national currency value.  

 We want this number right here [145,950 to 100 USD] to go down...

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 People going...Pimpy, he's a negative guy.  No.  I'm not a negative guy.  I don't understand how people get telling you the truth as something negative.

MAJEED: The relationship between the Iranian Toman and the Iraqi Dinar is inverse!! #iraqidinar

 

Mazhar Saleh: Geopolitical controls push towards shifting to official channels for currency trading, 3 MARCH

 Mazhar Saleh: Geopolitical controls push towards shifting to official channels for currency trading

Mazhar Muhammad Salih, the financial advisor to the Prime Minister, confirmed that the geopolitical controls imposed on informal trade contribute to expanding dealings with official outlets for foreign currency, which contributes to financing foreign trade through the sound international financial system.

He pointed out in his statement to {Euphrates News} that "this shift aims to move away from informal financing from the parallel dollar market intensively, especially with the change in the behavior of small traders in avoiding the parallel market linked to the countries' regional and geopolitical problems." 

Saleh added that "this shift comes in the context of the importance of increasing Iraq's foreign reserves and confronting money smuggling operations, in addition to facilitating external transfer operations through Iraqi banks that deal with international banking correspondents, at an official exchange rate of 1,320 dinars per dollar."

He also stressed that the end of the compliance platform phase adopted by the Central Bank of Iraq in the past two years and the country's entry into a new phase has contributed to providing great flexibility in financial transfers through official channels.   link

CRYPTO TRADER : Washington directly supervises the financial system in Iraq, 3 MARCH

 CRYPTO TRADER

#IQD MP: Washington directly supervises the financial system in Iraq. CBI just follows the UST.

They are waiting for the UST go ahead for any revaluation.

As long as US has Iraqs oil sale proceeds,CBI can do nothing on their own . The political posturing in Iraq ove US influence is just for show.

They have signed the strategic framework treaty. nothing they can do about it. If it's in CBI hands they would have done it. US wants any revaluation to reach the grass roots and not end up in the hands of vested interests who serve their Irani handlers.

12:07 PM · Mar 3, 2025

AJ: The One Dinar Mystery @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 

Al-Sudani receives a delegation from the Chinese company (Power China) to review the projects it is implementing in Iraq, 3 MARCH

 Al-Sudani receives a delegation from the Chinese company (Power China) to review the projects it is implementing in Iraq

Prime Minister Mohammed Shia Al-Sudani received today, Sunday, the CEO of the Chinese company (Power China) Chen Guan Fu, and his accompanying delegation.

A statement from the Prime Minister's Office stated that during the meeting, the projects implemented by the company in Iraq were reviewed, including solar energy projects, combined cycle projects and gas stations, within the framework of government orientations seeking to diversify energy sources.

Al-Sudani was briefed on the plans and procedures followed to implement these projects, and the mechanisms for expanding the work of the Chinese company based on the plans set by the government, in addition to discussing joint projects with the Iraq Development Fund, especially in the field of investing and implementing clean and renewable energy projects in Iraq.  link