DINAR REVALUATION

Monday, April 28, 2025

GINGER & JON DOWLING: Could he be signaling a change in May and Vietnam right after them?#iraqidinar

Iraq Agrees To Open Another Bank In The US To Establish Relations With Its Banks In Transfer Operations.

Iraq Agrees To Open Another Bank In The US To Establish Relations With Its Banks In Transfer Operations.

economy | 10:43 - 04/26/2025 Mawazine News – Baghdad The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed an agreement to establish another bank in the United States to establish relationships with Iraqi banks in money transfer operations.

The Governor of the Central Bank of Iraq said in an interview followed by (Mawazine News) that he "has begun working on developing a plan to issue cards for small merchants, after completing consultations with companies, so as to accommodate the requests of merchants - a large class in Iraq - to cover their foreign trade without passing through long paths, so that transfers are carried out directly, which will create a major shift in accommodating merchants who do not use the official methods of transfers."

He noted that the Central Bank of Iraq, in agreement and consultation with the Treasury and the Federal Reserve, has completed the organization of cash dollar sales operations, and that they are now "in an ideal position, by their own testimony."

He described foreign commercial transfers as "progressing smoothly, as we have expanded the network of correspondent banks abroad in the US and elsewhere. An agreement was also reached to open another bank in the US to establish relationships with Iraqi banks in transfer operations."

Regarding Iraqi banks barred from dealing in dollars, Al-Alaq said, "They will have to meet requirements related to ownership, compliance, money laundering, governance, and banking services in order to resume their normal operations."

He explained that these banks "were not subject to sanctions and are not included on the sanctions list, but due to observations about foreign transfers, they were stopped from using the dollar in transactions only."

He pointed out that a comprehensive plan was launched, which includes the criteria and conditions required to correct the situation of these banks to avoid such problems, after a full year of work on it.
https://www.mawazin.net/Details.aspx?jimare=260919

FIREFLY: He is not in control of your currency reform

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:Sudani...is not trying to hide a rate, he's just not doing it. He's not doing his job!

FRANK: I'm not losing faith is Sudani, I'm just disappointed in him to a degree. You see, he is not in control of your currency reform. The CBI is.

We the United States of America have a lot of influence through the United States Treasury on your monetary reform because of our relationship with the IMF. Your new exchange rate is definitely coming IMO. Unfortunately it's coming to you Middle Eastern style by kicking, screaming, fighting, pulling hair for every inch of it. That is sad because that is the Middle East way. But Donald Trump will speed this up.

🇮🇶IQD🇮🇶 rumored at $3-7 🇻🇳VND🇻🇳 rumored at $.47 @DINARREVALUATION #iraqidinar #iraq

Prime Minister's Advisor: Government Bonds Are A Better Investment Option Than Gold

Prime Minister's Advisor: Government Bonds Are A Better Investment Option Than Gold

Buratha News Agency1862025-04-25 The Prime Minister's advisor, Mazhar Mohammed Saleh, confirmed on Friday that sovereign government bonds are available for investment through banking institutions, calling for diversifying investment portfolios by investing in government bonds instead of gold, as "local gold is one of the wealth havens most affected by external or international factors and their shocks, as it is a commodity imported from gold vaults outside the country,

as the global price of gold exceeded the $3,200 per ounce barrier in April 2025, affected by geopolitical tensions, especially between the United States and China, or the so-called trade war issue represented by the escalation of the mutual tariff war between various countries of the world and its direct and indirect effects on inflation trends and expectations in the global economy."

He added, "This coincided with indicators of the oil asset cycle, the downward trend in global oil prices, and the increasing demand for the yellow metal by central banks and investors seeking a safe haven for wealth around the world, as gold is undoubtedly the best store of value."

He noted that "the price of gold, which has witnessed a significant and continuous rise, despite its fluctuations towards the decline, has maintained its high price. For example, the price of one ounce on April 17, 2025, reached approximately $3,321.89, after previously reaching a new record high of $3,357.40 per ounce."

Saleh explained that "the opening of the local gold market to the global market and the impact of the global price of gold on our country's supply has become an immediate reflexive issue. Until the local gold market stabilizes again, it may take a real period of time to adapt again."

He pointed out that "the short-term jumps in gold prices cast a shadow over the tendencies of individuals in our country and the behavior of some to hedge by investing in the yellow metal."

He continued: "Demand for gold in Iraq is a traditional means of preserving value, which leads to its purchase as a normal hedge, especially for those with cash surpluses, with the aim of profiting from the external price factors affecting the fluctuations in the international economy, and the impact of this on the level of global prices, and the repercussions of this on thinking about re-diversifying the wealth portfolios of some of them, or according to their beliefs and traditions in investing, preserving the value of their personal financial wealth, or speculating."

Saleh pointed out that "if the goal of importing is a safe investment, it is preferable to monitor global and local markets to make informed decisions, and to proceed with the proper diversification of their investment portfolios and not rely entirely on a single investment vehicle to preserve value, since gold is also subject to decline.

It is also preferable to consider other national investment options to diversify their investment portfolios, especially investing in interest-bearing sovereign government bonds currently offered to investors through the Iraqi banking system." https://burathanews.com/arabic/economic/459247

BRUCE: FOR HAVE CONTRACT RATES YOU NEED TO HAVE AN HUMANITARIAN PROJECT

Bruce

[via WiserNow]

...there's been a question about...the contract rate on the dinar. ...the contract rate would be available for those who had projects. ...

what is that? What do you mean?

...It's humanitarian projects...that we are creating to uplift humanity, whether it's in your city, in your region in the United States, like rebuild America, or whether it's something International, like rebuild internationally and. ..

I said there was a rate that's called a contract rate. It's pretty much tied to the per barrel price of oil that Iraq is selling their oil...

Now this rate has fluctuated... Now it's hanging in the low 80s.

There's a little trading range in the low 80s, which is a fantastic rate.

And yes, you do have to have projects...if you have dinar and you're doing projects that you can type up, print out...an outline of what your ideas are... and bring a copy to...the redemption center...

just a simple review qualifies you to be able to receive the contract rate on your dinar...