Dinar Revaluation: Essential Tips for Your Exchange Appointments

Iraqis Await The US Federal Reserve's Interest Rate Decision

 Iraqis Await The US Federal Reserve's Interest Rate Decision

2025/07/02 Reading: 90 times  {Economic: Al Furat News} Iraq is closely monitoring the US Federal Reserve's upcoming interest rate decision amid expectations it will have a direct impact on the currency market and local investments.

In this context, economic expert Salah Nouri told Furat News, "The dollar's decline as a result of inflation or interest rate cuts by the Federal Reserve usually prompts investors and central banks to seek safe havens such as gold. "

He added, "The Central Bank of Iraq is in a good position in terms of its investments in gold," noting that "the bank's balanced policy is to diversify investments between gold and the dollar."

Nouri explained that "this investment diversification aims to protect the Iraqi economy from global market fluctuations," adding that "Iraq is carefully awaiting the Federal Reserve's decision, given its repercussions for its financial stability."   LINK

TIDBIT FROM BRUCE

 Bruce  

 [via WiserNow] 

 They were supposed to have revalued the currency again, I believe they did, and it's at a decent rate on the screens, but it's currently on the back screen of the Forex...

Now, if all goes according...that back screen IQD rate on the dinar will go and show itself on the front screen of the Forex ... 

we had approximately 17 currencies on the front screens of the redemption centers, and those were fluctuating in value as trading is continuing between various currency trading pairs...

we think there could be as many as 24 that are actually going to appear when we go in for our exchanges.   

ARIEL : The Red Line Has Been Crossed 📈 @DINARREVALUATION #iraqidinarinv...

A phone call to refresh pockets: Al-Sudani calls Barzani, and an agreement is reached to release May salaries tomorrow

  A phone call to refresh pockets: Al-Sudani calls Barzani, and an agreement is reached to release May salaries tomorrow

 An informed source revealed, on Tuesday evening (July 1, 2025), that Prime Minister Mohammed Shia al-Sudani will hold a phone call with the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, within the next few hours, with the aim of putting the final touches on a financial agreement concerning the region's employees.

According to the source who told Baghdad Today, "The anticipated contact will culminate in an official understanding stipulating the release of May salaries for the region's employees, with the  payments to be made tomorrow, after the Sudanese Prime Minister signs the decision directly."

He expected that "the financing will be done in the form of advances and financial transfers," based on Article (77) of the budget tables for the years 2023-2025.

This agreement is expected to help calm the tensions between Baghdad and Erbil and restore some confidence to the region's employees, who have long been awaiting payment.  link

TIDBIT FROM PIMPY: "The US now appears to have activated its threat to cut Iraq from its financial lifeline."

 Pimpy 

Article quote: "The US now appears to have activated its threat to cut Iraq from its financial lifeline."

 And how are they going to do that?

 Quote " The US Federal Reserve account where nearly all of Iraqi oil export revenues flow and which finances Iraq's entire budget..."

  That $35 billion Pimpy told you guys so many times, this is the account I'm talking about.  No, we're [the U.S. Government] are not invested in the currency.

  No, we're not magically holding on to Iraqi dinar...This is why I keep warning you guys...

FIREFLY: They were working on is imminent and it will settle all disput...