Frank26
[Article of the budget] 12-2c the judge is holding on to it because he's protecting the new exchange rate.
Even the gazette, two of them, are holding 12-2c.
Why?
It's the new exchange rate...This judge holds the future of Iraq's monetary reform in his hands.
Shafaq News - Tehran
On Sunday, Majid Takht-Ravanchi, Political Deputy to the Iranian Foreign Minister, dismissed US President Donald Trump’s recent claim that talks between Washington and Tehran are scheduled for next week, noting that no meeting has been arranged with American officials.
Addressing the Iranian parliamentary Committee on National Security and Foreign Policy, Takht-Ravanchi questioned the reliability of the United States in any future negotiations, citing growing public anger over thekilling of civilians, military personnel, and scientists.
During the same session, Committee spokesperson Ebrahim Rezaei acknowledged Iran’s continued commitment to diplomacy but pointed to a broader crisis of confidence among the public. “What guarantee exists that the Americans won’t reverse course again?” he asked, referring to past disruptions in negotiations.
The comments come amid reports in US media that White House Special Envoy Steve Witkoff is expected to visit the region in the coming days for meetings with Iranian officials. Discussions are expected to focus on the possibility of halting uranium enrichment in exchange for sanctions relief.
White House spokesperson Karoline Leavitt further confirmed that contact with Iranian counterparts remains ongoing, though clarified that no talks are currently scheduled on the nuclear file.
Notably, a planned sixth round of negotiations, initially set for June 15 in Oman, was cancelled following Israel’s surprise strike on Iran on June 13, which has evolved into one of the most dangerous escalations between the two countries in years.
MarkZ
[via PDK] I did finally get in touch with one of my redemption center/wealth management folks
….He was told they are not working this weekend but be in early on Monday….
They were told to enjoy the weekend because they would be working some very long hours over the next 2 weeks. I hope that means us.
Shafaq News – Baghdad
Iraq is projected to post the fourth-highest economic growth among Arab oil producers in 2025, according to the International Monetary Fund (IMF).
The IMF report forecasted Iraq’s growth at 4.1%, a sharp recovery from just 0.1% in 2024. Libya led the region with an expected 13.7% expansion, followed by the United Arab Emirates at 5.1% and Saudi Arabia at 4.6%.
Algeria is projected to grow by 4%, placing fifth, while Kuwait is forecast at 3.3%, Bahrain at 3.2%, Oman at 3.1%, and Qatar at 1.9%.
AJ
THE PARALLEL MARKET KEEPS COMING DOWN
GM,
Iraq's Parallel Market USD/IQD rates for Tuesday June. 24, 2025: 1,437 IQD
Comparing the current parallel market rate of 1,437 IQD today, to the rate of 1,517 IQD on January 16, 2025, is a difference of 80 IQD.
This indicates that the Iraqi Dinar has gained strength against the USD in the parallel market over this 5 month timeframe, as a decrease in the IQD per USD rate reflects an appreciation of the dinar's value.
The Parallel exchange rate needs to decrease by another 117 IQD 
to reach 1,320 IQD from the current rate of 1,437 IQD.
Baghdad:
– Selling $100: 143,750 IQD
– Buying $100: 143,250 IQD
Erbil:
– Selling $100: 143,750 IQD
– Buying $100: 143,250 IQD
Basra:
– Selling $100: 143,750 IQD
– Buying $100: 143,250 IQD
The official Central Bank of Iraq rate stands at 1,320 IQD to $1
