IQD Countdown: Is Iraq on the Verge of Revaluation?

 Texas Snake posted from a friend 

IQD Countdown: Is Iraq on the Verge of Revaluation?

This post is for entertainment purposes; inspired by Ariel’s posts on X.

As of June 3, 2025, momentum is building around a potential rapid revaluation of the Iraqi Dinar (IQD), fueled by unprecedented economic, political, and technological alignments. With the long-awaited Oil & Gas Law expected to pass by mid-June,

 Iraq may finally resolve decades-long disputes with the Kurdistan Region and unlock over $2 billion monthly from newly resumed Ceyhan pipeline exports.

 This would require an internationally recognized exchange rate—one the Central Bank of Iraq (CBI) could enact overnight, backed by its confirmed $100 billion in reserves. Endorsements from the U.S. Treasury and IMF signal a green light for Iraq’s financial reform roadmap, while diminished Iranian influence following May’s airstrikes removes a key obstacle to Baghdad’s economic independence.

A wave of digital modernization further supports the shift. Prime Minister Al-Sudani’s push for blockchain integration—bolstered by the GENIUS Act and Iraq’s pilot use of RippleNet—prepares the banking sector for real-time international settlements at a revalued rate. 

Already, 20% of Iraq’s oil payments are processed through Ripple, showcasing Iraq’s readiness for a transparent, digitized financial future. 

Simultaneously, rising oil dominance, particularly after Iran’s export slump and a supportive OPEC backdrop, provides Iraq with the market justification to reprice its currency. The IMF’s recent praise of Iraq’s macroeconomic stability adds credibility to speculation that the CBI may act within days of the Oil & Gas Law’s passage.

But behind the public stage, a shadow operation codenamed “Golden Crescent” is reportedly unfolding. Set during Iraq’s upcoming Eid al-Adha holiday (June 6–10), the plan leverages the national closure as cover for a stealth currency reset.

 Sources allege the CBI will use the five-day shutdown to upgrade its digital systems, finalize blockchain integration, and quietly initiate a 1:1 USD to IQD revaluation, effective June 11. A secret May 15 meeting in Amman between Iraqi, IMF, and U.S. Treasury officials allegedly sealed the deal. 

Further intrigue surrounds Dubai financier Khalid al-Mansour, who funneled $5 billion into Iraqi reserves to stabilize the transition—securing Saudi Arabia’s influence over Iraq’s oil pricing for the next decade in the process.

To ensure internal stability, Al-Sudani is said to be convening a confidential summit with tribal leaders on June 7 in Najaf, enlisting their support through sacred oaths and symbolic meals. Meanwhile, citizens are unaware that blockchain-based oil credits—set to inject $500 million annually into the economy—will be distributed under the new exchange rate, a critical step masked as a routine “system upgrade.”

 All the while, subtle signs—like the holiday announcement’s color scheme matching a classified CBI directive—hint at the magnitude of what’s unfolding. Whether Iraq’s leap toward currency reform becomes a triumph of vision or a descent into volatility will be decided in the days just after Eid. For now, all eyes quietly await the rising of the Golden Crescent.

MNT GOAT:MY CBI CONTACT has been put on alert to begin the Project to Delete the Zeros! #iraqidinar

 

Babylon discusses investment opportunities with the European Union ambassador

   Babylon discusses investment opportunities with the European Union ambassador

The local government in Babylon announced today, Tuesday, the reception of the European Union Ambassador to Iraq, Thomas Seiler, where the prospects of supporting European companies' investment in Babylon Governorate in various sectors were discussed.

Babil Governor Adnan Al-Faihan said, "During the meeting, the most prominent investment opportunities available in the province were reviewed, based on Babil's distinguished strategic components that qualify it to be at the forefront of Iraqi provinces in the industrial and agricultural fields, especially since it is the food basket of the Middle Euphrates, and has appropriate infrastructure and a fertile environment for investment.

He added, "We also provided the ambassador with a detailed explanation of the province's distinguished geographical location, its natural resources and the abundance of arable land, in addition to the presence of government and private factories that are capable of development, stressing our serious desire to attract investments to advance the economic and urban reality, and transform Babil into a competitive center capable of keeping pace with developed countries, especially since some of those countries do not have the capabilities and advantages that Babil possesses."

He stressed the local government's confirmation of the province's full readiness to cooperate with all European companies wishing to invest, while providing all necessary facilities and guarantees to create an attractive investment environment that contributes to achieving sustainable development and the desired economic prosperity.  link

TIDBIT FROM FRANK26

 Frank26  

 Question  "Do you think $4.81 is a marker or a chance it could open at that?" 

 No.  $4.81 would not be an opener.   That would be stupid. 

 The goal right now is to get [Market rate] to 1310 because then the 1310 is matched up with the American dollar. 

 That's a 1 to 1 ratio...You are left with the Iraqi dinar and the US dollar.  

FRANK26: "Do you think $4.81 is a marker or a chance it could open at that?" #iraqidinar #iraq

 

Advisor to the Prime Minister: The value of Iraq's natural resources exceeds $16 trillion

 Advisor to the Prime Minister: The value of Iraq's natural resources exceeds $16 trillion

The Prime Minister's financial advisor, Mazhar Mohammed Salih, confirmed on Wednesday that Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector. He noted that the value of Iraq's natural resources exceeds $16 trillion.

 Saleh told the Iraqi News Agency (INA): "Iraq is moving towards diversifying its GDP sources by expanding investment in the mining sector, a sector that has been neglected for decades. The government has signed memoranda of understanding with reputable international companies in the fields of mineral exploration and investment, particularly in phosphate, sulfur, lithium, and copper fields. 

This is within the framework of the strategic directions of the Iraqi government's program to diversify sources of national income and optimally utilize the country's resources." He added, "Investment in the mining sector will contribute to attracting billions of dollars in fields ripe for development, such as sulfur, phosphate, lithium, and other minerals." 

He pointed out that "Iraq ranks first in the world in terms of the concentration of natural resources per square kilometer, and ninth globally in the value of various natural resources, with an estimated value exceeding $16 trillion, according to published global estimates." 

He explained that "the various reserves of land wealth constitute a diverse stock of minerals, foremost among which is phosphate: its reserves are estimated at more than 10 billion tons, and our country ranks second globally in terms of reserves, and is concentrated in the Akashat region of Anbar Governorate. Second is free sulfur: our country enjoys large reserves in Mishraq in Nineveh Governorate, which are among the largest free sulfur fields in the world. Third is silica: in the Najaf region and western Iraq, it is used in the glass, electronics, and semiconductor industries, and is among the most important and purest reserves in the world, according to published international estimates." He continued, "Likewise, iron, manganese, copper, and gold are distributed across various regions of Iraq, particularly in the Kurdistan Region and the western and central borders, except for southern Iraq, which possesses vast reserves of other rare natural resources."

He pointed out that "the policy of diversifying the national economy by extracting and processing mineral resources for national industries, and then adopting their export by maximizing value-added chains in manufacturing or semi-manufacturing industries, will add at least 10 percent to the GDP in the first phase."

He pointed out that "after that, the percentage will increase to become one of the pillars of diversifying national income sources over time, especially if the link between mineral investment and the development of national manufacturing industries grows, such as fertilizer, aluminum, glass, electronics, and batteries related to renewable energy. 

This is in addition to the introduction of foreign capital and advanced digital technology and services, the provision of national job opportunities, and investment in Iraqis as a productive national resource."

 He emphasized that "the mineral diversification policy is one of the opportunities to implement the philosophy of sustainable development and free the national economy from the extreme monopoly of oil resources. It is considered an economic defense against the monopoly of oil prices, which directly impacts the state budget."

He emphasized that "present and future generations will witness a new era of investment for Iraq in economic and technological progress and prosperity, towards building a promising model of balanced development." He noted that "Iraq, which strongly aspires to build investments in mining fields as an additional resource in the medium and long term, does not rule out investment in oil fields, but it cannot completely replace oil in the near term. 

Rather, it serves as an important complement to the strategy of diversifying the national economy."

He concluded by saying: "The mining sector represents a promising opportunity for Iraq, not only to increase public financial revenues, but also to restore the structural balance of the Iraqi economy, create major national employment opportunities, and achieve diversified development in areas rich in natural resources, which will lead to increased investments in infrastructure, within a model of geographically balanced economic development for all of Iraq."  link

TIDBITS FROM FRANK26

 Frank26 

  Article:  "Al-Sudani chairs a meeting to restructure government banks' administrations."

  Sudani decides to take Drano and he flushed the CBI of the board of directors that make all the decisions.

  There was a bunch of them that Donald Trump did not like.  So he tells Sudani, get rid of these guys. 

  I'm so excited Sudani cleaned up the board of directors at the CBI.  

I didn't think he was going to do it that quickly.  

Talk about security and stability for the new exchange rate...IMO Trump pushed Sudani to get rid of the lazy board of directors that's why things are moving so fast right now.