AJ : Iraq's parallel market 🔥 Important Update!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 

GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET, 8 MARCH

 GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that the public’s increasing conviction in using electronic payment cards for travel purposes or paying dues to small companies has achieved great success in reducing the size of the parallel market for the US dollar, which has contributed to its gradual decline.

Saleh explained in a statement to {Euphrates News} agency, that “the modern monetary policies that were recently implemented have proven their effectiveness in achieving financial and economic stability, as annual inflation rates have decreased to levels not exceeding 3%, which reflects the strength and stability of the Iraqi dinar against foreign currencies.

The financial advisor pointed out that the new monetary policy tools adopted by the Iraqi government, in cooperation with the Central Bank, have directly contributed to directing cash liquidity towards official channels,  which has enhanced public confidence in the dinar and led to a reduction in informal transactions in the dollar.

Saleh stressed the importance of continuing efforts to enhance the use of electronic means in financial transactions, given its pivotal role in supporting the national economy and combating illegal practices associated with the parallel currency market.

He stressed that these achievements come within the framework of a comprehensive strategy aimed at achieving sustainable financial stability and enhancing the confidence of citizens and investors in the future of the Iraqi economy, calling on all segments of society to engage more in the use of electronic payment tools in the interest of the national economy.

IRAQ UPDATE: Convert Iranian Toman NOW!, 8 MARCH

 IRAQ UPDATE: 

Convert Iranian Toman NOW!

Highlights

• 💰 U.S. Sanctions on Iran: The U.S. plans to implement maximum pressure on Iran by targeting its financial systems and oil sector.
• 🛢️ Impact on Oil Sector: Significant losses in Iran’s oil revenues are anticipated due to U.S. sanctions, affecting regional economies.
• 📈 Currency Fluctuations: The exchange rate of the U.S. dollar against the Iraqi dinar is in focus, highlighting economic instability in the region.
• 🌍 Regional Interconnectedness: Iran’s economic decline is expected to have a direct impact on neighboring countries, particularly Iraq.
• 📉 Financial Opportunities: The speaker promotes alternative investment strategies through a newsletter, suggesting better opportunities than traditional currencies.
• 🤖 Drone Manufacturing Concerns: The U.S. aims to disrupt Iran’s ability to manufacture drones, which have been used in conflicts, including in Ukraine.
• 
  
• Key Insights

• 📉 Geopolitical Tensions Affect Economics: The announcement from the U.S. Treasury Secretary illustrates the link between national security and economic stability. The U.S. position on Iran not only reflects its foreign policy but also has significant ramifications for the global oil market and regional economies. By targeting Iran’s financial systems, the U.S. is essentially trying to curb its influence in conflicts where it has been involved, like the Syrian war and tensions with Israel.

• 💵 Oil Revenue Decline: The projected loss of $20 billion in oil revenue due to sanctions signifies a major economic setback for Iran. This financial strain will likely lead to increased domestic instability and could result in public discontent. The potential ripple effect on Iraq, a neighbor that relies on Iranian gas and oil, could exacerbate economic challenges in both countries. As Iran struggles to maintain its oil supply chains, Iraq may face energy shortages, impacting its economy.

• 🌐 U.S. Dollar vs. Iraqi Dinar: The fluctuating exchange rate of the U.S. dollar against the Iraqi dinar highlights the uncertainty in the region’s economic climate. The current rate at 14,835 dinars for 100 dollars suggests that the dinar is under pressure, possibly due to external factors like sanctions on Iran and internal economic challenges. This situation underscores the importance of monitoring currency trends for investors and policymakers alike.

• 🛠️ Investment in Alternative Opportunities: The speaker’s emphasis on investment strategies that may yield better returns than the Iraqi dinar suggests a shift in focus for investors. This could be a response to the instability in traditional currency markets, advocating for a more proactive approach to securing financial future through diversified investments. The newsletter mentioned serves as a resource for those looking to explore new avenues for passive income.

• 🚀 Drones and Military Capabilities: The U.S. plan to disrupt Iran’s drone manufacturing capabilities further emphasizes the military dimension of economic sanctions. Drones have been used in various conflicts, indicating that their production is not merely a commercial activity but a significant aspect of Iran’s military strategy. This could lead to an escalation in tensions if Iran seeks alternative means to procure or develop these technologies.

• 🏗️ Regional Economic Dependencies: The interconnectedness of Iran and Iraq’s economies presents a complex web of dependencies. As Iran faces economic pressure, Iraq may find itself unable to maintain its energy needs, which could lead to a broader regional crisis. The historical and economic ties between these two countries mean that shifts in one will invariably affect the other, highlighting the need for comprehensive regional policy planning.

• ⏳ Urgency of Information: The call to subscribe to the newsletter reflects the fast-paced nature of economic developments in the region. Staying informed is crucial for making timely investment decisions, particularly when geopolitical events can rapidly alter the landscape. This urgency is underscored by the fact that traditional investment strategies may not suffice in times of instability, urging viewers to seek out fresh, timely insights.

MZ: When the bond holders get their money …we are very close!! @DINARREVALUATION #iraqidinarinvestor

 

EVALUATION OF THE CENTRAL BANK’S JOURNEY IN 22 YEARS, 8 MARCH

 EVALUATION OF THE CENTRAL BANK’S JOURNEY IN 22 YEARS

Samir Al-Nusairi

Since 2003, the Iraqi economy has suffered from financial and banking challenges and crises due to the difficult and complex subjective and objective circumstances that the country has gone through over the past 22 years.

 Since the monetary policy of the Central Bank, according to its Law No. 56 issued in 2004, is responsible for achieving economic stability, overcoming the challenges of the financial and monetary system, and addressing the structural imbalance in the economy in the transition from a rentier economy to a real (productive) economy, as well as from a monetary economy to a digital economy.

During the above period, the Central Bank went through four important and basic stages:

First – reducing rampant inflation in 2003, which exceeded 35%, controlling the stability of the exchange rate, building foreign reserves, and controlling the money supply.

Second – overcoming the economic and security shocks in 2014.

Third – addressing the financial crisis during the Corona pandemic in 2020.

Fourth – controlling the exchange rate, regulating foreign trade financing, achieving digital transformation, enhancing financial inclusion, and complying with international standards in 2023 and 2024.

Considering that the Central Bank, in cooperation with the government, has accomplished important steps towards implementing the financial and banking reform methodology and moving towards completing its strategy to achieve the goals according to the roadmap drawn up in 2025,

 it is necessary to evaluate and analyze the economic reality over the past 22 years with impartiality and high transparency and identify cases of failure and dysfunction in the productive economic sectors and procrastination in not implementing the economic reform programs that all successive governments have worked on but have not been able to achieve the goals of radical and comprehensive reform for the reasons above. However, the reality of the situation and the reform efforts made in 2023 and 2024 have made us, as specialists, look with hope and optimism at what has been achieved and what is planned to be achieved in the next two years based on what is stated in the third strategy of the Central Bank with its main and sub-goals .

The banking reform steps taken by the Central Bank from 2003 to 2024 addressed the effects of the economic and security shocks in 2014, most notably the 75% drop in global oil prices and the government’s inability to pay employees’ salaries on time. The Central Bank was able to use its foreign exchange reserves and the method of rediscounting treasury transfers to support the government in the amount of 16 trillion dinars, and the crisis was overcome at the time. In 2015, the Central Bank, in light of these difficult economic conditions, began to move to develop its plans for the coming years and draw up a methodology for banking reform and structural, technical and administrative development of the Central Bank. This resulted in the issuance of its first strategy for the years (2016-2020), which included 5 main objectives and 140 sub-objectives, 129 of which were achieved, at a rate of 92%, during the years of implementing the strategy.

It contributed to establishing the basic structures and pillars for moving to a new stage of financial and banking reform, accompanied by the strategic banking projects plan for the years (2019-2023) and the issuance of the second strategy (2021-2023) to complete the achievement of the sub-objectives that could not be implemented in the first strategy, which numbered (11) sub-objectives, during which the government continued to seek help from the Central Bank and obtain (30) trillion dinars, and the total amount owed by the government became (46) trillion dinars. In 2023, the Central Bank worked on studying the achievements of the two previous strategies and diagnosing the foundations of the desired reform.

The efforts to prepare for the third strategy continued throughout 2023, and the foundations and foundations were built to set the goals for this new strategy for the years (2024-2026), which derived its main and sub-goals from the state’s general economic policies and its strategy for financial and banking reform adopted by the government in the government program and from Central Bank Law 56 of 2004. It included programs with clear goals and initiatives for a period of three years in a special, complex economic and financial circumstance fraught with risks and challenges at the level of internal and external economic and financial relations.

The third strategy identified the main goals with 7 goals, 24 sub-goals and 75 initiatives to achieve the main and sub-goals and charted the path for banking and financial reform according to the following strategic goals:

1- Supporting and enhancing monetary stability.
 2- Enhancing digital transformation, activating electronic payment and supporting cybersecurity.
3- Enhancing financial inclusion
4- Maintaining a sound financial system
5- Developing the organizational structure and human resource capabilities
 6- Enhancing the position of the Central Bank locally and internationally
7- Enhancing compliance of the banking sector and the non-banking sector in line with international standards.

Programs, policies and initiatives have been identified to achieve the goals. Perhaps the most prominent program is the launch of the National Strategy for Bank Lending in Iraq (2024-2029) and the approval of the Council of Ministers to implement it, which will restructure banking financing in Iraq, in addition to leaving the electronic platform and adopting correspondent banks in foreign transfers, protecting the financial system, enhancing financial inclusion, managing monetary and financial stability, developing oversight and supervision, developing regulation in the banking sector, completing the development of the infrastructure for digital transformation, licensing digital banks, implementing regulatory policies in the Central Bank in accordance with the frameworks and technologies adopted in global central banks, raising the capabilities of human resources, developing banking operations, strengthening the bank’s internal and external relations, and representing it locally and internationally.

What has been presented accurately and transparently for the 22 years of the financial and banking reform process confirms that the next two years will inevitably result in the transition to a comprehensive and radical reform of the Iraqi banking sector and transforming it into a solid sector that contributes to sustainable development.

Coffee with MarkZ and Mr. Cottrell. 03/07/2025

 Coffee with MarkZ and Mr. Cottrell. 03/07/2025

Mar 7

Coffee with MarkZ and Mr. Cottrell. 03/07/2025

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Another week gone….. I’m so ready to turn this page

Member: Good morning everyone! Hope this is a 10 figure weekend....lol

Member: There is so much good intel regarding the RV . It has been a long road let’s hope it comes to an end…..very soon

Member: What Good News Mark? Spill it please

Member: MARK Z, you said a couple days ago that you knew people with MONEY. Are those BOND HOLDERS or aggregators?

MZ: They are not aggregators

Member: Maybe the banker that set up a bond person to exchange currency tomorrow was just making an educated guess on timing?

MZ: Bond contacts have a number of appointments between now and the 17th. Things seem to be moving forward very “pleasantly” on the bond front. 

MZ: As far as I can tell I think group #3 is ready to process. So it seems like we have real, measurable movement right now. 

Member: What is group #3? Never heard that term before?

MZ: I have identified the top 6-8 bond groups . It is my understanding they are ready to move on the third group of large bond holders already aggregated. 

Member: Hey Mark, how long will it take after the bond holders get paid for us tier 4a/b to go?

MZ: I think we may be going at almost the same time. I think they are holding them until they are ready for us. 

Member: Are your redemption folks working this weekend ? 

MZ: My Wealth management/redemption folks will be working this weekend. They do not know if they will be doing redemptions or not …but they will be working and they are prepared. 

Member: Do we need to have an active open bank account at a tier 1 bank before the exchange?

Member: it has been said at our exchange they are going to open up a new bank account for use. So no, you don't need a tier 1 bank account prior to exchange.

MZ: In Iraq: “Parliamentarian: Budget tables have not reached the finance committee so far”  We are all wondering why? There is one very obvious answer to this question. It may have a rate change in it. 

MZ: I am hearing from contacts in Iraq-they continue to delay until they are allowed to release …because there will be rates in there. I hope it is accurate and it makes a lot of sense. 

MZ: “Washington calls on Iraq to dispense with Iran’s energy as soon as possible”  there is a massive effort to remove all Iranian influence from Iraq. 

MZ: “Major gas projects-fixed or floating platforms to boost energy in Iraq”  this is so they no longer need Iranian gas …and no longer flare or burn off gas to save money and help the environment. They hope to be independent from Iranian energy within 4 months. There is a huge push to stop Iranian influence so Iraq can move forward.

MZ: “US Treasury Secretary: if I were Iranian I would convert my currency to something other than the tomain”  This one makes me think we will not see the Iranian rial in the first basket. I could be wrong…but maybe not… So the US could break the Iranian currency if they do not change their tune…, stop funding terrorists ….and stop working on nuclear arms. 

Member: How do I get an 800 number?

MZ: If you are not in a group, I tell everyone to sign up at Dinar Recaps because a couple sources from banks told me they would send exchange info to them….specifically by name. But all dinar info aggregating sites will probably also release that info. .

Member: When we get instructions to set up an appointment to exchange currencies, you will call and they will tell where to go to exchange at that time.

Member: Dreaming of the day that you announce that it is done!

Member: All the time frames we were told about the RV green light has passed us by & still going …wonder 4 how much longer. ????

Member: Trump needs our economy fixed. And time is ticking and he's going to look bad the longer this goes.

Member: Yahoo finance stated that forex will be integrating emerging market currencies by mid march w/ updated A.I. mechanism. Could be part of the RV?

Member: There is a big “Crypto Summit” going on at the white house today…..part of the upcoming reset?

Member: We sit don’t know -is there any gold in fort knox?

Member: if Ft.Knox is empty….it could force the reset….if its full….maybe it will back the new US gold backed currency? We just need to know. 

Member: I asked the teller at a local bank in Hawaii if they had seen the new rainbow currency and she asked the manager who said yes but I don't know why they call if rainbow …it looks more blue to me.

Member: what do we know about the old General64 group?

MZ: It’s still a thing, It’s still ready….it’s still very much alive

Member: I was told years ago that the Gen. 64 list was blended with other lists into a bigger group. Just wish we would hear something from them 

Member: I wish they had us tier 4b go before all other “rich” people

Member: Words to eliminate after the RV…sign an EO-lol: close, comms, Iraq, bonds, rate tables

Member: We could sure use it more. 

​​ Member: Never be afraid to raise your voice for honesty, truth and compassion against injustice and lying and greed. If people all over the world...would do this, it would change the earth.

MZ: I will not have a podcast tomorrow morning. I will be traveling and at an event in Florida. If I have any podcast over the weekend it will be unscheduled and at the last minute. 

MZ: I will also not be on tonight. The next scheduled podcast is 10:00 AM Monday Morning. 

Member: how about we rv over the weekend while you are in the states Mark! save you a trip! sound good to you?!

Member: thanks Mark and Mr.C. Everyone have a wonderful weekend….Let us all hope it’s our last weekend broke 

Mr. Cottrell joins the stream today. Please listen to the replay for his opinions and information