Friday, May 30, 2025

DINAR GURUS HIGHLIGHTS: The new currency exchange program, the concept of “deleting zeros” from the IQD

 DINAR GURUS HIGHLIGHTS: The new currency exchange program, the concept of “deleting zeros” from the IQD

Summary

Investors are advised to stay informed, watch for central bank announcements, heed expert opinions, and exercise patience as the process will take time. The reinstatement of the IQD on the global market could significantly boost demand and provide economic uplift. 

Highlights

  • 💸 The 7-day IQD currency exchange program offers higher rates for old notes, approved by the Iraqi government.
  • 🌍 The $35 billion Iraq’s oil money held in the U.S. is not an investment but funds from oil sales.
  • 💼 The currency reform, including deleting three zeros from the IQD, is intended to stabilize Iraq’s economy.
  • 🔒 Viewers are advised to only use certified exchange centers to avoid scams.
  • 📈 The IQD reinstatement on the international market could lead to economic growth and increased investor confidence.
  • 🕒 The government will make a public announcement when zero deletion and reinstatement plans are finalized.
  • 🤝 This currency reform provides hope for Iraqis and creates new opportunities for businesses and local investors.

Key Insights

  • 💰 Currency Exchange as an Economic Stabilizer: The 7-day exchange program with improved rates is a strategic move by the Iraqi government to restore confidence in the IQD and invigorate the economy. By allowing citizens and investors to swap old notes for more valuable new ones, it injects liquidity into the market and supports financial stability. This can boost local business growth and increase investment capacity, which are critical for economic recovery.

  • 🔍 Clarifying Misconceptions on Foreign Funds: Trump’s statement on the U.S. holding $35 billion of Iraqi money caused confusion, but this is oil sale revenue stored in U.S. accounts, not American capital investment. Understanding this distinction is important as it reflects the complexities in international finance and the control Iraq has over its oil income, affecting overall economic sovereignty and financial policy decisions.

  • 🏦 Zero Deletion as a Monetary Reform Tool: Removing three zeros from the IQD is a common inflation-fighting strategy that simplifies transactions and resets monetary value perception. It addresses the long-term erosion of the dinar’s purchasing power caused by inflation. This reform could make the currency more attractive both locally and internationally, facilitating trade and investment while restoring fiscal discipline.

  • 📣 Importance of Official Communication: The policy emphasizes transparency by stating that zero deletion and currency reinstatement will be publicly announced beforehand. This openness is vital to prevent misinformation and panic, ensuring that market participants can prepare and respond effectively, which also contributes to market stability and investor confidence.

  • 🌐 Investor Strategy and Patience: While the reinstatement of the IQD to a stronger international value could generate significant gains, it is a gradual process with fluctuations. Investors are encouraged to diversify portfolios, stay informed, and engage with credible sources. Patient investment aligned with robust research reduces risks associated with speculative currency investments and aligns with broader economic trends.

  • 🚫 Security and Scam Awareness: Caution against online scams and unauthorized exchange centers. Currency reforms often attract fraudsters. Using only certified and government-recognized centers for currency exchange protects individuals from financial loss and contributes to the legitimacy of the reform process. Due diligence is an essential precaution in volatile financial environments.

  • 🌟 Broader Economic and Social Impact: Beyond personal financial benefits, these developments symbolize hope for Iraq’s future economic health and quality of life. Improved currency stability can promote job creation, better services, and international trade opportunities. The reform narrative also highlights how individual investors participate in broader national recovery efforts, linking personal finance to social progress.

WALKINGSTICK: He got a rumor that there's a rate and a date!!

 


Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25

 Bruce’s Big Call Dinar Intel Tuesday Night 5-27-25   

Transcribed By WiserNow 

Welcome everybody to the big call tonight. it is Tuesday, May 27th and you're listening to the big call. Thanks for listening, tuning in again all over the globe as a result of the satellite team, the sat team, getting the signal out everywhere in it's - in your own language. And let's do this before we go to a teaching that Sue has provided for us tonight and we're all excited about that. Let's go to. Let's open the call with prayer. 

All right, guys, we're going to move out of Bob's menu and bring you into the Intel realm. Okay, now we had to get through Memorial Day yesterday. I hope everybody had a good holiday. We got through that. We were told last week that it looked like we would get started numbers today. It didn’t happen!  Okay, what are the reasons? And where are we?   all right, here's where we are. 

Let's start first of all with what could take us another three or four days, according to our Iraqi contact, who was speaking with the head of CBI. We call it the sovereign bank of Iraq now,  (SBI) but they still refer to it as the central bank, and that was  A L A K was the head of the CBI. 

So what said was that we have a solid rate on the dinar, on the Forex, and it's known throughout the Middle East and internationally, not really revealed here to us yet. I know what it is, but as is me, but I'm not supposed to put it out. Okay, our rate's going to be okay, our rate is going to be much higher. This is the rate in country for Iraq.

Also you know  we would call an international rate  - a good solid rate – it will continue to trade upward on the forex – its on the forex solid – 

 Now Alak said this would be a managed float. I heard that term, I don't know how many years ago -  a managed floats, which tells me they're watching it increasing value on forex, but they're also managing it to an extent to get it to the level that they needed to they wanted it to. Okay, so it's a managed float

He said, Probably another three or four days for that to occur. All right? I'm thinking, okay, so we don't have a Tuesday. Probably don't have a Wednesday. Who knows? And then another source is telling us, well, there are no rates on the redemption center screens. After noon today, they went off at noon  okay, and the same source said those rates should be back up Saturday. Now, Saturday is the 31st of May. May, 31 is Saturday. 

And thinking, Okay, does that mean nothing for us really happens between Tuesday, which is tonight and Saturday? It could very well be the case. And here's the other reason why --  President Trump's not real thrilled right now with Putin and what's going on with Russia and Ukraine. 

So he's trying to broker that piece and get that established, a requisite, if you think about it, for GESARA, okay, so we can't have that going on. We got to have a brokered piece. We also he's working on. He President Trump  is working on a peace with Palestine -  Hamas. Iran is a big player in this for the funding of Hamas, and he's Bula,  the other terrorists organizations and that's something that my understanding is about 50% Complete in terms of the brokerage, the brokered piece  let's call it.

So we've got at least another day or two to go on that to get Hamas squared away. The one good piece of news for today was we have, I'm sorry, what we have a -- we have a -- we think what I was going to say, there is  a company that is American, but not our military, that is handling humanitarian aide -  food and other things to the residents  of the Gaza Strip and that's going on now and starting today.

 And I understand the Israeli Defense Force, the IDF, is offering the protection for that humanitarian effort that's going on, and there has been some resistance in getting humanitarian aide there - , this is evidently working successfully, and we just continue to believe that it will continue to offer food and medicine and clothing and whatever else the people of the Gaza need. They're receiving that aid today. That's really good.

Soo you’ve got Peace that needs to be established through some serious cease fires,  possibly peace treaty agreement to take place . I believe we still have a cease fire slide underway down between India and Pakistan. Fortunately, that seems to be holding - the two hot spots are Russia and the Ukraine, and od course Iran their involvement as a as a third party with Hamas, that's going on those two hot spots 

And I understand they're still finding, couldn't believe this is still finding an underground site laboratory, if you will, put a manufacturer or the or the receipt of Adrenochrome, which blew my mind, that that's still going on underground in Ukraine tunnels,  Im sure they are going try to put a stop to all of that

So that takes us to at this point, Saturday, the 31st so do we get notified Saturday or Sunday, which is the first of June, and start on Monday, June 2. I think that's probably what we're looking at. That's just that's more or less an extrapolation of the information that we've received, and what it really looks like, hey, if we have to go to Saturday to even get rates back up on redemption center screens, then that looks like a likely outcome.

 If something happens sooner, I'll let you know on Thursday night's call, we'll get a whole new run through on what is  currently happening. But if you pray, pray for pray for peace in Jerusalem - Peace on the Gaza Strip. Pray for peace between Russia andUkraine so that the requisites for NESARA and GESARA,  GESARA in this case could be met.

All right. What else? What  about ??  does this do anything for our DOGE payments. The latest information update today on DOGE is that that would start in the first 12 days of June. 

I had it starting in the first week going through June today. We're kind of talking about the first 12 Days of June for DOGE, and it's substantial. If you're 60 and over, you better be sitting down when you look at your account, because it's very substantial. 

What about R and R still will be there restitution and reclamation allowance, or whatever they are you want to substitute for that. That is going to be at the redemption centers, and we go in for our exchange appointment and redemption of zim, 

Okay, that'll be there  -- now what about the let's see I got DOGE – I got that -  the RV -- and the next thing going to be increase in Social Security. Well, it sure isn't happening this month is it ?? Supposed to have been in May? Nope, don't think so. I'm thinking it's also going to be in June – don’t worry about it - of a list of 1234, that's the least important. 

Sure, it helps if you're a senior and don't have currency, yeah, but those of us on this call, a lot of us have zim. Most of us have Dong or dinar or another exotic currency that’s no longer  going to be exotic-  It's going to be mainline currency. 

All right, so you've got that. The next piece is, when is NESARA and GESARA taking place? Latest update on that June 5 to June 15.  5th  to the 15th  -  10 day period should occur and take place for us in that time frame, the fifth of June through the 15th of June. That's today's information. NESARA and GESARA

And that's alright. And just when we see videos of tribunals, will we see? God knows what we're going to see. I I think it is part of the plan. I don't know how soon it's going to be shown. I don’t know – 24x7  - blah blah – no 10 days of darkness -  that was a misnomer from the deep state  - don’t buy that,   they use the cutting off of cell phone service, internet service, all of that in areas where they were arresting people that you know, that keep them from communicating to each other 

That was all done and good, and the most  are complete, they're probably still more to go, but they've got quite a bit done in US and quite a bit done already internationally  -  sounds like there's still some more to go, but  far enough along I believe, where it's not a factor right now for us, in terms of us getting started with numbers first, setting appointments second, and going in for exchanges, third, that's our 123.

So tell us. Let's pray the call out - We will see what happened, see what's occurred between Tuesday and Thursday, and  we'll have a great call. And with any anticipation, we'll get started with exchanges. 

Have a wonderful night. We'll see you on Thursday. Let's pray out the call.  Well, good night everybody. We will talk with you Thursday night.

FIREFLY: Sudani just fired a bunch of [CBI] board of directors and replaced them with those that want to have the monetary reform

 Frank26  

[Iraq boots-on-the-ground report] 

FIREFLY: Sudani met today with the board of directors from the CBI.  All the banks were there too.  

Now in front of everybody he replaced some of the board of directors that were not on board with the new digital system... 

FRANK:  Sudani just fired a bunch of [CBI] board of directors and replaced them with those that want to have the monetary reform...

Thursday, May 29, 2025

Chairman Of The Finance Committee: The Integration Of Iraqi Banks Into The International System Is A National Necessity.

 Chairman Of The Finance Committee: The Integration Of Iraqi Banks Into The International System Is A National Necessity.


Banks  Economy News – Baghdad  Parliamentary Finance Committee Chairman Atwan Al-Atwani stressed on Wednesday that compliance with international standards and banks' integration into the international system is a national necessity to protect the financial system and a prerequisite for developing the banking environment.

During his speech at the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, which was attended by Al-Eqtisad News, Al-Atwani said, "At the outset, I would like to express my welcome to the convening of this distinguished conference, which comes at a very important time, given the fundamental transformations and increasing challenges that the financial and banking sector is witnessing at the local, regional and international levels. 

These challenges require the highest levels of coordination and cooperation from all of us, legislative, executive and oversight institutions.

" He added, "International regulatory obligations imposed on financial institutions, particularly those related to combating money laundering and terrorist financing, have become among the most prominent requirements that affect the nature of the relationship between local banks and their global counterparts. 

Meeting these requirements is a prerequisite for developing a safe and stable banking environment capable of interacting positively with the global financial system."

He continued, "Iraq's engagement, represented by its national banks, in this international regulatory environment is not an option, but rather a national necessity to protect the financial system from cross-border risks and to ensure the continued flow of investments and capital, which directly contributes to supporting economic and social development efforts and enhancing confidence in the national economy."

In his speech, Al-Atwani noted, "Iraq has made significant strides in this direction over the past few years. The Iraqi banking system has witnessed major developments, including the modernization of the legal and regulatory structure, the issuance of compliance instructions, tightening oversight, and the development of qualified banking cadres capable of dealing with these changes."

He added, "We have witnessed the Central Bank of Iraq's commitment to adopting an approach to reform and development by imposing precise and updated instructions in line with international best practices, in addition to its relentless pursuit of enhancing transparency and strengthening the system for combating money laundering and terrorist financing." 

He continued, "Despite these commendable efforts, challenges remain, especially in light of growing regulatory complexities and the increasing requirements of correspondent banks, along with their precise and changing conditions.

Here, the need for the concerted efforts of all stakeholders, from banks, regulatory, legislative, and security bodies, to confront these challenges with high responsibility and professionalism is growing."

He noted in his remarks, "Hence the importance of this conference, which constitutes an important platform for exchanging expertise, reviewing the latest developments in international legislation, and highlighting the experiences of other countries in this field, particularly with regard to modern compliance techniques, best practices in internal control, and risk management."

He added, "We also affirm, from our position in the Parliamentary Finance Committee, our full support for all efforts aimed at developing the Iraqi banking sector, and our keenness to follow up on the legislation required to enhance Iraq's compliance with international standards, while emphasizing the need to balance strict compliance with achieving economic growth goals, supporting the private sector, and facilitating investment."   https://economy-news.net/content.php?id=55942


CHELLA IRAQ NEWS DISCUSSION & ANALYSIS: The great reset of the Iraqi dinar? Global Audits, Digital Currency

CHELLA IRAQ NEWS DISCUSSION & ANALYSIS: The great reset of the Iraqi dinar? Global Audits, Digital Currency 

Summary

The recent Middle East Newsroom update covers significant developments in Iraq’s political, economic, and digital transformation landscape.

 Central to the discussion is Iraq’s ongoing ambition to enhance its regional leadership, stabilize its economy, and embrace digital modernization. The Baghdad summit showcased Iraq’s regained leadership role in the region, with an emphasis on political, economic, and security initiatives to promote stability and cooperation.

 In parallel, Iraq is undertaking considerable reforms across sectors, including the insurance industry, with engagement from major global audit firms such as Ernst & Young to align with international standards.

Baghdad will host a major global energy forum in September 2025, highlighting Iraq’s growing role in shaping the global energy dialogue, especially concerning sustainability and innovation. 

In the Kurdistan region, significant natural gas deals were signed with US firms to boost domestic energy production, aiming to reduce energy import dependence and support 24-hour electricity provision.

The US government extended its national emergency declaration regarding Iraq for another year, reflecting ongoing concerns about political instability, corruption, and economic fragility.

 While the extension preserves US legal oversight and influences investment risk perceptions, Iraqi authorities are actively working to improve administrative transparency, financial discipline, and cooperation with US economic programs.

A considerable focus lies on Iraq’s digital transformation efforts led by the Central Bank of Iraq (CBI), which is pushing to phase out paper-based transactions in favor of digital solutions.

 The strategy includes a national data center, digital wallets, mobile banking apps, and the introduction of a digital version of the Iraqi dinar — a central bank digital currency (CBDC) — developed in collaboration with regional and international partners. 

Although there is no immediate expectation of dinar revaluation, the reforms aim to enhance transparency, reduce corruption, improve tax collection, and increase financial inclusion, especially in underserved areas. In the longer term, Iraq’s digital currency could bolster the dinar’s credibility and open new avenues for its international use in trade and remittances.

Overall, Iraq’s current efforts reflect a deliberate move toward political stabilization, economic modernization, and digital transformation, laying the groundwork for sustainable development despite ongoing challenges.

Highlights

  • 🔹 Iraq reclaims regional leadership by successfully hosting the Baghdad summit with no security disruptions.
  • 🌍 Global audit firms like Ernst & Young are engaged to reform Iraq’s insurance sector to meet international standards.
  • ⚡ The Kurdistan Regional Government signs major gas production deals with US companies to boost domestic energy production.
  • 🇺🇸 The US extends the national emergency concerning Iraq, maintaining legal oversight due to ongoing political and economic instability.
  • 💼 Iraq’s Finance Ministry collaborates with US agencies to enhance transparency, financial discipline, and public financial management.
  • 💻 The Central Bank of Iraq leads a major digital overhaul, targeting full transition from paper to digital currency and government services.
  • 💡 Introduction of a digital Iraqi dinar aims to promote financial inclusion, improve transparency, and potentially increase currency credibility globally.

Key Insights

  • 🔑 Iraq’s Regional Leadership Resurgence: The Baghdad summit’s smooth execution affirms Iraq’s pivotal role as a regional stabilizer and policy influencer. This leadership position not only bolsters Iraq’s diplomatic standing but also puts it in charge of implementing key regional agreements, strengthening its geopolitical importance in the Middle East.

  • 📊 Sectoral Reform through International Partnerships: By hiring global audit firms like Ernst & Young to assess its insurance sector, Iraq is signaling a genuine intention to modernize public institutions and align with global best practices. These reforms may lead to improved efficiency, reduced corruption, and increased foreign investor confidence—critical factors for economic recovery and growth.

  • 🔥 Energy Sector as a Strategic Priority: The Kurdistan gas deals with American companies reflect a strategic push to reduce Iraq’s energy import dependency while capitalizing on vast natural gas reserves. With projects targeting massive fields like Marin, Iraq aims to establish energy self-sufficiency, stabilize electricity grids, and improve living standards—a vital step for economic diversification.

  • 🛑  Extended US National Emergency – Mixed Implications: The continuation of the US national emergency underscores unresolved challenges such as sectarian divisions, governance weaknesses, and external threats. While this status enables continued US financial oversight and risk mitigation, it may also deter some international investments due to perceived instability. Balancing security concerns with economic opening remains a delicate task for Iraq.

  • 📈 Bilateral Cooperation Enhances Economic Management: The cooperation between Iraq’s Finance Ministry and US financial experts, including the FSVC program, illustrates Iraq’s commitment to improving fiscal discipline and transparency. Focused efforts on budget preparation, accounting systems, and technical training highlight a pragmatic approach to strengthening institutional capabilities critical for sustainable development.

  • 🌐 Digital Transformation as a Catalyst for Economic Reform: The Iraqi government’s push for digital transformation—characterized by the phasing out of paper-based transactions and the adoption of a digital currency—is a forward-looking strategy to modernize the entire economy. The initiative promises to improve transparency, reduce corruption, increase efficiency, and expand financial services to unbanked populations, potentially resulting in greater economic inclusion and growth.

  • 💸 Long-term Potential of a Digital Iraqi Dinar: While immediate financial gains for dinar holders are unlikely, the introduction of a central bank digital currency (CBDC) could ultimately enhance the currency’s credibility and international utility. Digital currency adoption, supported by international financial institutions, could facilitate cross-border trade and remittances, positioning the Iraqi dinar as a more stable and attractive currency over time.

Together, these developments reflect Iraq’s multidimensional approach to overcoming its challenges through regional leadership, institutional reforms, energy sector development, and embracing the digital economy. The success of these reforms may determine Iraq’s trajectory towards long-term stabilization and economic prosperity.

Mayhem w/ Mel 🔹: UPDATES for other Countries that the US, on Exchange/ ...

🚨 POST-EXCHANGE WEALTH MANAGEMENT BLUEPRINT (IQD Scenario Planning Guide)

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