Tuesday, April 22, 2025

BROTHER TECHN: Iraq clearly has enough monetary power to buy back all their currency off the streets

FRANK26: "OIL KNOWS ITS VALUE... AND IT'S NOT 1310"

KTFA

FRANK26: "OIL KNOWS ITS VALUE... AND IT'S NOT 1310"......F26

Baghdad and Erbil are discussing with foreign companies a mechanism for resuming the region's oil exports.

4/20/2025

/ Baghdad

An informed source revealed on Saturday that a tripartite meeting was held in Erbil,bringing together representatives of the federal government, the Kurdistan Regional Government, and foreign oil companies operating in the region, to discuss a mechanism for resuming Kurdistan's oil exports.

The source told Al-Ahed News, "The meeting addressed the activities of oil investment companies, discussed ways to resume oil exports from the region, and listened to the views of production companies regarding the next steps."

He added, "The meeting witnessed an extensive discussion of the technical and logistical challenges hindering the resumption of exports, and the importance of coordination between all parties was emphasized to ensure positive outcomes that serve the country's interests."

It is noteworthy that a meeting scheduled to be held last Saturday in the capital, Baghdad, between the federal Ministry of Oil, the Ministry of Natural Resources in the regional government, and the Kurdistan Oil Industries Union (APIKUR), was postponed for reasons yet to be revealed.

LINK

Iraq Just Quietly Confirmed: The Dinar Is Fully Backed. The System Is Ready!!, 22 APRIL

Iraq Just Quietly Confirmed: The Dinar Is Fully Backed. The System Is Ready.

April 21, 2025.

Buried in a Shafaq News update is one of the most powerful confirmations to date:

“Iraq’s foreign currency reserves are sufficient to fully back the national currency in circulation.”

Not partially.

Not theoretically.

Fully. Backed.

That means the Central Bank of Iraq already holds the firepower to support a revalued, internationally traded dinar. No more building the foundation — it’s done.

The Prime Minister’s financial advisor laid it out clearly:

•Reserves cover three months of imports — meeting global monetary thresholds

•Exchange rate stability and external purchasing power are the final levers

•The goal is now activation, not construction

The numbers back it up:

•130.81 trillion dinars in reserves

•That’s even after a 10% drop from 2023

•And the reason for the drop? Covering domestic obligations — not weakness

Even with that, the system is still over-leveraged to support the full float or fixed rate shift the world’s been waiting for.

This tells us everything:

•Iraq has the reserves

•The CBI has the mechanisms

•The infrastructure (WTO, FX integration, digital banking) is aligning

They’re not waiting to be ready.

They’re waiting for the right moment.

The rate is alive.

The liquidity is real.

And the only thing left is the release.

https://shafaq.com/en/Economy/Iraq-s-dinar-solid-Reserves-fully-back-currency

REINALDO JC: IRAQ TIMELINE!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar #iraq

FRANK26: "LOWER DENOMS COMING TO LIFE... VIRTUALLY.", 22 APRIL

KTFA

FRANK26: "LOWER DENOMS COMING TO LIFE... VIRTUALLY.".....F26

The Central Bank launches the virtual bank project.

The Central Bank of Iraq announces its adoption of a project to launch a virtual bank in Iraqi universities. This is the first virtual bank to be established in an Iraqi university. The first phase will be held at Al-Muthanna University, which hosted a comprehensive exhibition held on the sidelines of the second scientific conference "Artificial Intelligence and Labor Market Requirements." The conference was organized by the University's College of Administration and Economics, in cooperation with Mansoura University of Egypt, the Central Bank of Iraq, the Muthanna Chamber of Commerce, and the Muthanna Chamber of Industry.

The exhibition included pavilions representing a group of banks and companies, as well as displays of fine art and heritage.
The virtual bank project aims to provide students and graduates with practical experience in banking, preparing them to develop human resources capable of meeting the needs of financial institutions. It also aims to provide students with practical experience by simulating the work of financial institutions and adopting international best practices. It also aims to encourage financial institutions operating in Iraq to access and expand financial services to all geographical regions of Iraq, with the aim of strengthening financial inclusion plans.

Central Bank of Iraq
Media Office
April 20, 2025

BROTHER TECHNOLOGY: Iraq clearly has enough monetary power to buy back all their currency off the streets, 22 APRIL

BROTHER TECHNOLOGY

People if you’re not willing to read to enhance your futures YOU WILL BE CONSTANTLY ENDING ON THE SHORT END OF THE POLE.

On 4/2/25 the pm advisor publicly announced to the whole world that Iraq clearly has enough monetary power to buy back all their currency off the streets in an indirect manner he spoke.

Now today it’s reiterated

Shafaq News/ Iraq’s foreign currency reserves remain sufficient to fully back the national currency in circulation, the prime minister’s financial advisor revealed on Monday.

Advisor Mudhhir Muhammad Salih told Shafaq News, “The reserves are adequate to cover three months’ worth of imports, indicating overall stability,” stressing that effective external use of foreign reserves—by balancing the need to maintain the dinar’s external purchasing power and exchange rate stability with efficient reserve management—is a core objective of Iraq’s independent monetary policy.

The Central Bank of Iraq reported on March 31 that net foreign reserves stood at 130.81 trillion dinars in 2024, down 10.18% from 145.64 trillion dinars in 2023. The central bank attributed the decline to rising domestic public debt used to cover the actual budget deficit.

DINAR REVALUATION

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