Thursday, May 1, 2025

VIETNAM WILL REVIEW EXCHANGE RATE (REUTERS)!! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


ELECTRONIC PAYMENT: A WHITE REVOLUTION AGAINST RED TAPE AND CORRUPTION

 ELECTRONIC PAYMENT: A WHITE REVOLUTION AGAINST RED TAPE AND CORRUPTION

With the digital transformation sweeping across the world, electronic payment has become an essential tool for achieving transparency and enhancing economic efficiency.

In Iraq, the transition to digital payment systems is accelerating. This shift has become an urgent necessity to improve financial services and reduce reliance on cash transactions. Dr. Safad Al-Shammari, Chairman of the Baghdad Foundation for Digital Communication and Media, believes that electronic payment is not merely a technical option, but rather “a fundamental gateway to restructuring the economy and achieving development.” 

He noted that “adopting this mechanism will reduce reliance on paper money and limit administrative and financial corruption by documenting transactions digitally, making them difficult to manipulate.” Al-Shammari explained that the system contributes to “stimulating investment in financial technology and expanding banking services, which enhances economic justice and reduces the gap in access to financial services.”

For his part, financial expert Mustafa Akram Hantoush points out that “electronic payment is an effective tool for rationalizing cash use and providing accurate data that contributes to more effective monetary policy formulation.” He explains that “the system increases the efficiency of cash management and reduces the cost of printing currency, which directly reflects on reducing inflation rates.”

 Economist Duraid Al-Ghazi criticizes the limited implementation of the system, stressing that “the lack of adequate infrastructure in a number of governorates, weak coverage of electronic payment (POS) devices, and the lack of community education are all factors that hinder the generalization of the experience.” He points out that “a large percentage of citizens, especially in the outskirts, do not possess even the minimum level of knowledge about using these systems.”

STATUS OF THE RV, PART. 2 BY MNT GOAT

  STATUS OF THE RV, PART. 2

Remember, we are still waiting for that second in-country “official” rate change by the CBI close to 1000 dinars per dollars, but the parallel market must be broken first and very close to the official rate. It is now at 1443 and needs to be at about 1000-1320. But this is not that far off.

 I personally believe this is not really the holdup but rather it is political and has all to do with Iran. We can see it now in the political news and how negotiations with Iran have causes, in part, this rise in the dinar. Then comes the Project to Delete the Zeros which, as we know, lays the groundwork for the reinstatement.

The articles tell us today that these recent swings will not last and are temporarily, however they also tell us that the overall trend is going to be upward. This is the groundwork being laid so they will be permanent in the near future.

 You see, it is going to be a cumulative effect of many reforms that will finally completely break the black market on the dollar, then we will see a sudden rise in the dinar. The key word is “completely”.


This is going to happen suddenly and when you least expect it. They are almost there now. The icing on the cake (the final straw) is said to be in June. So, here are a couple articles from today’s news that may help you understand what is really going on. I suggest you go re-read that article from June.

😊The first article is titled “THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES.” The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors.

 Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national currency. 

Oh… did they say US-Iranian relations had an impact? All I can say is “I told you so”. Why else do I spend so much of my time putting together the Political Section of my Newsletter for you?

 You do want to understand what the holdup is, don’t you? What do I keep telling you? It is all about politics as we all should know by now that the dinar rate is being artificially suppressed due to the political forces who want Iraq to first conform to their globalist policies. You can read it all here in this article for yourself. I am not making this stuff up.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

EXCERPTS FORM MARKZ: I am still guessing THE DONG WILL BE at the $2-$2.25 range @DINARREVALUATION

 


IRAQ STOCK EXCHANGE TO JOIN TABADUL DIGITAL TRADING PLATFORM

 IRAQ STOCK EXCHANGE TO JOIN TABADUL DIGITAL TRADING PLATFORM

The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul.

The signing ceremony was held at ADX headquarters on Tuesday.

The agreement follows a preliminary accord announced in January, aimed at enhancing cooperation between the capital markets of Iraq and the UAE. The partnership will focus on technology, innovation, post-trade systems, and the exchange of best practices.

By joining Tabadul, Iraq becomes the platform’s ninth member, enabling seamless cross-border trading between Iraqi and Emirati investors and brokers. The platform allows remote market access and supports participation in IPOs across member exchanges, broadening investment horizons.


STATUS OF THE RV, PART. 1 BY MNT GOAT

 STATUS OF THE RV, PART. 1

Where do I begin today with all the VERY GOOD news for this period. Lots of smiling faces. I am trying to keep this Status of the RV short and concise, but it is hard, as there is so much very good news to report to you. No, the RV has not yet happened.

 It is not yet over! Whoever is telling you this is an idiot. We have no word from the Central Bank of this move occurring or staged in the near future. The IQD is NOT yet trading on FOREX. Sorry, all you idiot intel gurus out there. 

You should all grow up and do your own diligence and research before coming out on your conference calls, YouTube and other social media with your nonsense.  

Now, let’s get to the REAL news. Yes, no fantasies or lies, just the FACTS.  

The first set of articles deal with the currency rise of the dinar over the dollar. Oh WOW! We should be all excited but please no knee-jerk reactions, at least not yet. 

We should not get too excited over this news. This is not an RV. Instead, is said to be temporary and in the numerous articles today they tell you why. However, having said this, there is still great potential for an adjustment in the dinar rate and this is a good sign that the CBI is making progress with its currency reforms and its is kicking in. We witnessed so many banking and financial reforms in the past couple years. Also, I want to bring an article from the past (April 15th) to you once again telling us the black market (parallel market) may soon be completely gone come this June 2025. Why did they tell us this? They told us this because the remaining 5% of the cash payments for imports will be moved over also to the correspondent banks, as was the other 95% last December 2024. This will finally kill the remaining 5% of the black market. Hurrah, hurrah! This had to be done and the CBI told us this years ago. It is about to be reality,,,,,, finally! 😊 I just want everyone to note how many articles we read over this effort and now it is finally going to be done. 

Todays news is mostly all about the dinar as it has posted steady gains against the dollar in the parallel market in recent days, reaching 144,350 dinars per $100 (1443) in Baghdad on Saturday, compared to around 150,000 dinars per 100 (1500) a month ago.

Why is this so important?

To totally control the dollar market is important for three main reasons:

1. The US Treasury has told the CBI they must de-dollarize and control the dollar first prior to any reinstatement (free use of the dinar globally). The US Treasury has to approve the reinstatment,

2. It will prevent the corrupt practices and funneling of money to terrorist organizations (Iran),

3. The most important reason to us as investors is that reforming away from the US dollar enables the implementation of Iraq’s own currency – the dinar in international trade. This is the part that will eventually lead to a high demand for the IQD as the WTO policies kick into effect (but not yet).  

Now, I need everyone to understand something more about the news today. Iraq is excited and so should we be. I need you to see how volatile the dollar market is in Iraq. Yes, volatile right now and how it can change very suddenly when certain conditions effect it. Volatility means there can be sudden swings. But will the swings last? This is our concern and study for today. I believe the overall swing will be upward, then a large “pop”. 

I am telling you this because the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more. Get it? Can you see it from today’s news? 

WALKINGSTICK: I would say Aki's bank is for the exchange of the three zero notes #iraqidinar #iraq

 


🌍 Breaking: A Global Shift Is Taking Shape

 🌍  Breaking: A Global Shift Is Taking Shape A powerful convergence of  geopolitical tension, financial transformation, and strategic reali...