Sunday, June 1, 2025

An analyst claims that the Iraqi dinar (IQD) is now trading on FOREX at over $1.00 and could rise to a street exchange rate of $4.81 with a managed float

 MASSIVE : 

 An analyst claims that the Iraqi dinar (IQD) is now trading on FOREX at over $1.00 and could rise to a street exchange rate of $4.81 with a managed float.

They say that once that target is reached, it could trigger a revaluation of the global currency.

This would be historic. 

If true, we would be witnessing a total transformation of the international monetary system.

The dollar is under pressure. The BRICS are rising. 

Fiat money is failing.

 And now? The Iraqi dinar could be leading the way to a financial readjustment that central banks cannot.

Saturday, May 31, 2025

WOLVERINE:“ This was the holdup… now we are ready to go" ‪@DINARREVALUATION‬

 


UN: Iraq will become a banking powerhouse both domestically and internationally

 UN: Iraq will become a banking powerhouse both domestically and internationally

 UN Secretary-General's Special Representative, Mohammed Al-Hassan, confirmed that Iraq will become a banking powerhouse both domestically and internationally .

Al-Hassan said in a statement to the Iraqi News Agency (INA) today, Friday, that "the words spoken during the conference on money laundering and combating the financing of terrorism indicated that Iraq is facing a regional and international challenge to restore its status ."

He added, "The Iraqi economic system cannot be complete without an effective financial sector, both domestically and internationally," noting that "Iraq is committed to taking positive steps to restore confidence in the financial and banking sector in Iraq ."

Al-Hassan stressed that "the United Nations supports Iraq's path, which will become, in the coming days, a banking power that interacts internally and externally," emphasizing that "the fight against terrorism is not a scourge that has afflicted Iraq alone, but the entire world, and the sacrifices that Iraq has made in lives and money are not trivial or small ."

He noted that "these sacrifices must be completed, extended, and continued to restore Iraq's position in the financial and banking sector   link


FIREFLY: .They say soon the parallel market price will come to match the official CBI rate.

 Frank26 

 [Iraq boots-on-the-ground report]  

 FIREFLY:Mr. Sammy says...They say soon the parallel market price will come to match the official CBI rate.  That's how it's going to be fixed.  

However I still believe somewhere around 1390 to maybe 1350 or 1340 that will be close that they will roll out the new rate.

 FRANK: This is so close.  It's like your breath to your lungs.

AJ : 🇮🇶🔥 IT'S DONE Article 2!! @DINARREVALUATION #iraqidinarinvestor #i...

Baghdad Conference Calls For International Cooperation To Combat Money Laundering

 Baghdad Conference Calls For International Cooperation To Combat Money Laundering

 
Economic 05/29/2025  Baghdad: Hussein Thaghab  Participants in the Anti-Money Laundering and Combating the Financing of Terrorism conference agreed on the need for international cooperation to combat      money laundering and     terrorist financing crimes.
 
This was in light of the significant government support aimed at  improving the status of Iraqi banks in accordance with international standards, and the  United Nations' desire to restore Iraq to the international arena and influence

Meanwhile,  Iraq's international partners considered the cash sale system for foreign currency to beneficiaries to be the most optimal globally.
 
The Prime Minister's representative, Financial Advisor Dr. Saleh Mahoud, said in a speech:
 
"The conference represents an opportunity to build and strengthen confidence in Iraqi banks, given the government's awareness of the importance of creating a robust banking system operating according to international standards." 

He highlighted  the conference's importance and its role in raising awareness among specialists in this field,especially with the increasing challenges facing governments in this area and the crimes it commits,which have negative repercussions on countries.
 
Saleh added that to address these challenges, countries are seeking to develop their anti-money laundering legislation and adopt guidelines, as  weak legislation increases the incidence of crimes

 He emphasized that the government has taken significant measures to combat money laundering in line with international standards,  reflecting the government's commitment to developing effective financial performance

He pointed to the role of the reforms adopted by the government in  developing the financial sector and  improving financial performance, as well as the significant successes achieved in  combating money laundering  and terrorist financing.
 
Governor of the Central Bank of Iraq, Dr. Ali Al-Alaq, noted that this conference affirms the continuation of the reform process and the  fight against money laundering and terrorist financing in  cooperation with relevant institutions. 

He explained that money laundering crimes are a gateway to destabilizing countries, and  therefore international cooperation with partners is essential to curbing these crimes.

Al-Alaq pointed out that the international assessment results revealed strengths in Iraq's favor in key areas.
 
The international report also highlighted weaknesses in some areas, and we have begun addressing them in a way that mitigates their risks.
 
This reflects Iraq's commitment to  international standards and  building a secure banking system.  He stressed that the  Republic of Iraq has achieved significant results in strengthening the balances of Iraqi banks abroad in a way that keeps them away from problems. 

Today,  we have succeeded in opening accounts with correspondents.
 
The Central Bank has also introduced a cash sale system for foreign currencies exclusively for beneficiaries, which international partners consider the best in the world. Furthermore, the  complete automation of work between the concerned parties has represented a qualitative leap in reducing suspicious transactions.
 
We are in the final stages of the process of linking with the relevant departments to complete the work successfully, and work to mitigate the sources of financial crime is ongoing.
 
Al-Alaq commended the Kurdistan Region's active participation in combating money laundering and terrorist financing, and the significant role this step plays in curbing and combating this activity.
 
He noted the  efforts to employ artificial intelligence to regulate financial transactions, and the
     ongoing restructuring and development of government banks in accordance with international standards,   building them on modern and advanced foundations.
 
He also noted the significant successes achieved in developing electronic payments in accordance with international standards.
 
For his part, Wadih Al-Handhal, Chairman of the Iraqi Private Banks Association, stated that the conference addresses a significant topic in the financial landscape, and that its significance is heightened by the challenges facing Iraqi banks in their relationships with international banks.

He emphasized that  most banks have  adhered to transparency and compliance standards and  continue to support the national economy. He added that they believe our banks are capable of making an effective comeback. 

He noted that  the banking sector is evolving and     has an ambitious plan in the areas of compliance and money laundering, and that the two-day conference will discuss critical topics that will enhance financial performance in Iraq.
 
UN Secretary-General's Special Representative, Mohammed Hassan, said the forum represents an important milestone in Iraq's journey toward adopting a law to combat financial crimes. He added that the
 
United Nations believes in Iraq's return to its rightful place among the nations of the world, and that 
governance and compliance are important and imperative pillars. He added that we appreciate the efforts of the Central Bank and the Association of Banks to consolidate these pillars, and  we recommend international partnerships to build national capabilities that will advance the financial sector.
 
He highlighted the importance of leveraging successful Arab and international experiences to integrate Iraq into the global financial system, explaining that  technology   is an urgent necessity at this time and     must be coupled with a transparent legislative system.
 
Secretary-General of the Union of Arab Banks, Wissam Fattouh, emphasized the importance of adhering to international standards,  which play a key role in strengthening Arab and international financial relations. 

He also pointed to the  need for international partnerships to develop the Arab financial sector, emphasizing that  the goal is to build a secure, flexible, and independent banking sector that serves all sectors of the national economy.
 
Chairman of the Parliamentary Finance Committee, Dr. Atwan Al-Atouni, said: 
"The conference addressed a topic that should receive significant attention, as it is part of global requirements that   help respond to the global financial sector,   preserve its integrity, and   contribute to supporting development efforts." 

He emphasized that Iraq has made significant strides in this area,  issuing important directives and creating human cadres with the expertise to enable it to  reduce crime and  adopt the best methods for combating financial crimes.
 
Ziad Khalaf, Vice Chairman of the Board of Directors of the Union of Arab Banks, explained that the 
Iraqi banking sector faces challenges in opening accounts with international banks.
 
Despite banks' compliance with the regulations, some international banks view Iraqi banks as requiring further compliance.  He noted that Iraqi banks are capable of digital transformation, having achieved successes that surpass those of other banks in the region, and are looking forward to building financial institutions that will advance Iraq and serve its people.   
https://alsabaah.iq/115440-.html

DINAR EXCHANGE 🇮🇶✨ Iraq’s Big Moment!

 DINAR EXCHANGE

🇮🇶✨ Iraq’s Big Moment! 🗳️ On Nov 11, 2025, Iraq will elect 329 new leaders 🏛️ 🤝 A fresh chance to shape the future—new president, new PM, new direction! 💹 Political stability = stronger IQD 📈💰 Hope is rising! 🌟

🇮🇶 Iraq Update 📉 IMF projects Iraq’s non-oil GDP growth to slow to 1% in 2025, down from 2.5% in 2024—pressured by falling oil revenues. 💰 Dinar hoarding has hit critical levels, threatening liquidity and economic momentum.

🚨 IMF on Iraq – May 2025 🧾💰 IMF praises Iraq’s reforms: ✅ Non-oil growth strong in 2023 ⚠️ Budget deficit widened 🏦 CBI modernizing trade finance & tightening policy 💵 Reserves solid at $100B Still no mention of RV—but signs of serious reform momentum. 🔧📈

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

🚨  POST-EXCHANGE WEALTH MANAGEMENT BLUEPRINT (IQD Scenario Planning Guide) 💡  Key Financial Strategies (Beyond Basic Exchange Planning) 1....