MAJEED: Disappearing Rates on the CBI Website ,These are often seen as pre-cursors to rate changes!

 

Rafidain Bank announces the third issuance of national investment bonds., 23 APRIL

   Rafidain Bank announces the third issuance of national investment bonds. 

 4/21/2025 

In line with the directives of the Ministry of Finance and the Central Bank of Iraq, Rafidain Bank is offering citizens and investors a unique investment opportunity through the third issue of national bonds, which will be offered for subscription from April 20, 2025, until May 20, 2025, in two categories that generate fixed and rewarding returns: 

Details of the offered bonds:
 1. Investment bond worth (500,000) five hundred thousand dinars
 • Annual return: 8%
 • Investment period: two years
 • Interest payment: every six months
 2. Investment bond worth (1,000,000) one million dinars
 • Annual return: 10%
 • Investment period: four years
 • Interest payment: every six months

Why invest with us?
 • A guaranteed and fixed return higher than traditional banking returns
 • A national investment supported by the state through the Ministry of Finance and the Central Bank
 • An ideal opportunity for savers and those looking for a safe investment
 • Available to individuals and companies

We invite you to seize this lucrative investment opportunity by visiting the nearest Rafidain Bank branch in Baghdad and the governorates to submit a purchase request and benefit from the benefits of this issuance.  LINK

TIDBIT FROM MILITIAMAN, 23 APRIL

 Militia Man  

When's this going to happen?  What else is going to delay it?  

Is there [a delay] or is it just an interlinking?  Is it a synchronization?  It could very well be because it's a complex situation.. .

Pairing currencies all at the same time, everybody's got to be on the same page or it doesn't work...

There can be shocks in markets.  I would think the IMF, the Bank of International Settlements, World Bank, US Treasury, US Federal Reserve Bank...know a lot more than we do.  All central banks know a lot more than we do...

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

 

Al-Sudani's advisor: Iraq's foreign exchange reserves are fine., 23 APRIL

  Al-Sudani's advisor: Iraq's foreign exchange reserves are fine.

4/21/2025- Baghdad 

 The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Monday that Iraq's foreign exchange reserves cover 100% of the national currency.

Saleh said, "Iraq's foreign currency reserves still have the capacity to cover 100% of the national currency issued, and that commercial efficiency has been achieved."

He added, "These reserves still cover the country's imports for three months, and therefore foreign reserves are considered stable." He pointed out that the development of the optimal external use of foreign currency is achieved through a careful balance between the role of these reserves in maintaining the foreign purchasing power of the dinar and the stability of the exchange rate, and the standard of reserve efficiency, which is one of the functions of monetary policy as an independent body in achieving its goals of monetary stability and economic development.

On March 31, 2025, the Central Bank of Iraq revealed that the central bank's net foreign reserves for 2024 amounted to 130.81 trillion dinars, a 10.18% decrease compared to the same period in 2023, when they reached 145.64 trillion dinars.

 The Central Bank confirmed that the reason for the decline in foreign reserves is due to the rise in domestic public debt, which is intended to cover the real deficit in the state's general budget. LINK

Iraq Confirms Full FX Readiness , 23 April

 Iraq Confirms Full FX Readiness 

— Then Drops the Deficit Card. This Is the Setup for the Switch.

The pattern is too precise to ignore.

A wave of signals floods out of Iraq:

•$1.67B infrastructure blitz launched in Dhi Qar

•CBI confirms foreign reserves can fully back the dinar

•Mastercard freezes all Iraqi-issued card transactions (domestic + international)

•WTO workshops accelerate Iraq’s accession timeline

•Virtual banking and SAMA trading rails go active

It looks like a country on the verge of full financial integration.

Then suddenly, boom:

“Iraq PM admits ‘real deficit’ in federal budget.”

At first glance, it feels like a contradiction.

In reality, it’s the final setup move before a currency reset.

Here’s what they’re doing:

They’ve already built the digital banking rails.

They’ve secured the reserves.

They’ve cleaned up smuggling pipelines.

They’ve aligned with global trade partners.

Now they drop the budget deficit admission — not as a weakness, but as a public trigger to justify what comes next.

“Everything is in place… but the budget can’t hold at this rate.”

This is how you prepare a nation and its allies for a revaluation shockwave:

•Flood the news with readiness

•Show the investment momentum

•Then reveal the deficit pressure that forces the rate correction

It’s not chaos. It’s choreography.

The deficit isn’t the problem.

It’s the excuse.

And the rate is the solution.

bnftrade (article)

TIDBIT FROM FRANK26, 23 APRIL

 Frank26 

  Nothing is logical at 1310.  That's why to me it is such powerful evidence when we don't see the salaries...HCL...budget tables...lower notes because everything on that list is simply waiting for the new exchange rate...Everything is at a standstill. 

 Everything is frozen.  It's like somebody clicked the stopwatch and it stopped time in Iraq until a new exchange rate is brought forth.