Sunday, June 1, 2025

TIDBIT FROM MILITIAMAN

 Militia Man  

Article:  "The Central Bank: Our measures contributed to lowering the exchange rate, and the decline is not temporaryIraq is clearly showing that interlinking into the international financial system is taking place and the Central Banks is now in the final stages. 

Let's keep in mind the importance...of what is taking place is indirectly and directly necessary for a revaluation of Iraq's currency .

 It takes all of what is taking place, in cooperation and coordination from stakeholders with their support, with regional and international partners support as well.

 We have witnessed all of the afore. Powerful times!

FRANK26: When talking to a bank wealth manager/private banker, ‪@DINARREVALUATION‬ #iraqidinarinvestor

 


The US intervenes in the salary funding crisis between Baghdad and Erbil.

 The US intervenes in the salary funding crisis between Baghdad and Erbil.

The US State Department called on the federal government and the Kurdistan Region to abide by the financial payments stipulated in the Iraqi constitution and work to resolve their differences through constructive dialogue.

A US State Department official said, "Swiftly resolving the salary issue sends a message that Iraq puts the interests of its people first and creates an attractive environment for investment," noting that "it would also be a positive signal regarding the possibility of reopening the Iraq-Türkiye pipeline."

He stressed that "US support for the Kurdistan Region is a key component of its relationship with Iraq," noting that "US Secretary of State Marco Rubio recently hosted the Prime Minister of the Kurdistan Region, Masrour Barzani, and also spoke with the President of the Region, Nechirvan Barzani, where they emphasized the importance of continued cooperation to promote stability and prosperity in Iraq and the region."

These statements come as the Kurdistan Region's civil servants' salaries are facing a new crisis, following the federal Ministry of Finance's announcement that it would halt funding for May 2025 salaries. The announcement was made due to what it described as the region's exceeding its budget share and its failure to deliver oil and non-oil revenues.

Erbil recently signed two agreements with American companies worth more than $110 billion in the energy sector. This sparked criticism in Baghdad, which considered it an infringement of its sovereign powers. Erbil, however, views the agreements as part of its plan for economic reform and resource development.   link

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.

🌍 Dinar Revaluation Mechanics: Understanding the WTO Accession as a Structural Turning Point #iqd

  🌍 Dinar Revaluation Mechanics: Understanding the WTO Accession as a Structural Turning Point Iraq’s accession strategy to the World Trade...