DINAR REVALUATION

Sunday, July 13, 2025

Erbil is delaying the process and giving Baghdad a few days to resolve the salary crisis – Barzani's headquarters

Erbil is delaying the process and giving Baghdad a few days to resolve the salary crisis – Barzani's headquarters

"Last chance" to find a way out

Barzani's office announced on Saturday that the Kurdistan Democratic Party's (KDP) political bureau had decided to give Baghdad a final opportunity of several days to resolve the salary and financial dues crisis.

This came after Foreign Minister Fuad Hussein returned from a round of talks with federal parties in the capital, Baghdad, bearing promises of a settlement soon.

In the name of God, the most gracious, the most merciful

Regarding the disagreements between the Kurdistan Region and the federal Iraqi government regarding the settlement of salaries, budget, and financial dues to the Kurdistan Region, the Politburo of the Kurdistan Democratic Party (KDP) held a meeting today to take the necessary stance.

However, Dr. Fuad Hussein also returned to Kurdistan today after holding a series of talks with Iraqi political parties. He informed the KDP Politburo that the political parties, figures, and the federal Iraqi government have pledged to resolve this issue and address the issue of sending salaries and financial dues to the Kurdistan Region within the next few days.

Based on their requests and promises, and in order to continue the dialogue in a calm atmosphere and with due consideration for the situation and the public interest, we decided to grant the federal Iraqi government in Baghdad a final opportunity to find a solution that would ensure a settlement to this problem.

This is based on our firm belief in preferring to resolve differences through mutual understanding, as long as the path to dialogue remains open. link

ARIEL : Iraqi Dinar Update 🇮🇶

ARIEL

Iraqi Dinar Update Status of Listed Events in July 2025: Basel III Endgame: Phase-in commenced July 1, 2025, with full compliance by July 1, 2028; focuses on capital requirements for large banks, increasing operational risk buffers by 9% for G-SIBs. Trump's Tariffs: Imposed July 9, 2025, at 30% on Iraqi non-oil imports (exempting crude oil, 98% of exports); reduced from initial 39% threat, but risks reserve drains if oil prices fall 5-10%. No "end" occurred user reference may misalign with imposition date. ISO 20022: Migration for cross-border payments on track, with Swift coexistence ending November 2025; Fedwire adoption confirmed for July 14, 2025. Fedwire: Single-day ISO 20022 implementation July 14, 2025; ends legacy formats, enabling blockchain pilots for 20% of oil settlements. GENIUS Act (Senate): Passed Senate June 17, 2025 (68-30 vote); establishes stablecoin framework, now pending House reconciliation. CLARITY Act (House): Advanced from committees June 2025; slated for House floor week of July 14 during "Crypto Week"; divides SEC/CFTC oversight for digital assets. Iraq WTO 4th Meeting: Third Working Party meeting July 18, 2024; fourth delayed to Q1 2026 due to reform gaps; accession hinges on tariff bindings and anti-corruption measures. Ripple/SEC Ends: Ripple dropped cross-appeal June 27, 2025; SEC closed meeting July 10 could finalize; $125M penalty dispute ongoing, no confirmed July closure. Peace in Middle East: Gaza armistice January 2025; Hezbollah-Israel truce November 2024; ongoing tensions with Israeli forces in Lebanon hills; no comprehensive July breakthrough. US Dollar Tanks / Currencies Rise: Dollar down 10% H1 2025 (worst since 1991) from debt ($35T+), tariffs, and rate cut expectations; EUR/USD at 1.17, GBP/USD at 1.37 by Q3. Hypothetical Impact if All Events Align: Combined pressures tariff exemptions preserving oil revenues, ISO 20022 enabling digital settlements, crypto bills boosting USD alternatives, dollar weakness lifting emerging currencies, and WTO progress could force CBI to advance a managed float to Q3 2025 for reserve bolstering; blockchain tests cover 20% transactions, positioning for subtle tweak.

"Militiaman: Iraq Shows Signs of Readiness for Global Financial Integration" #iqd #iraqidinar

Al-Sudani: There is no Iranian management of Iraqi affairs

Al-Sudani: There is no Iranian management of Iraqi affairs.

Prime Minister Mohammed Shia al-Sudani confirmed on Saturday that there is no Iranian control over Iraqi affairs, while pointing to the possibility of an agreement between Iran and the United States.

Al-Sudani said in a television interview, "There is no Iranian control over Iraqi affairs, not even a part of them."

Regarding the possibility of a deal between Iran and the United States, Al-Sudani said, "Our impression from meetings with the Iranians is that they are eager to make an agreement."

He pointed to his government's "success in reducing corruption link

FIREFLY: Sudani announced he now has the largest block in all of the political parties

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:Sudani announced he now has the largest block in all of the political parties.

FRANK: Wow. Want to lose it? Want to lose that power? Don't give us a new exchange rate. You want 60% tariffs? Don't give us a new exchange rate.

FIREFLY:Television says Trump is imposing 30% traffics on us here in Iraq.

FRANK: All you have to do is just raise the value of your currency you knuckleheads...

Did you notice the tariffs he did put on you when he hit everybody else with tariffs was minuscule?

But he's sending out a bunch of letters now and you're on that list.

Why? Because you haven't raised the value of your currency...As soon as you're ready to come out and float and be part of the international world with some reality...and [Trump] will remove the 30%.

FIREFLY: They keep talking about what a great job we have done to narrow the gap between the parallel market and the official rate.

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FIREFLY:The Untied States Federal Reserve still holds our oil reserves, our money, and this affects our economy and our exchange rate. FRANK: Yes, America is still holding on to your oil because we are protecting it...Executive Order 13303 has something to do with it.

It's a good thing. It's not a bad thing...Evil pigs tell you it's going to affect your exchange rate of the dinar. Well, of course it is...but in a positive way. It's going to improve it.

MNT GOAT: "The Dinar as a Valuable Currency: Driving Demand Through Import Payments" #iqd

Al-Sudani receives the US Chargé d'Affaires to discuss bilateral relations and the regional situation

Al-Sudani receives the US Chargé d'Affaires to discuss bilateral relations and the regional situation

Prime Minister Mohammed Shia Al-Sudani received, today, Sunday (July 13, 2025), the US Chargé d'Affaires to Iraq to discuss bilateral relations and the regional situation.

Al-Sudani's media office stated in a statement received by Baghdad Today that "the latter received the Chargé d'Affaires of the United States Embassy in Iraq, Stephen Fagin, where they discussed bilateral relations between the two countries and reviewed the most prominent files of joint cooperation in various fields."

The statement added that "the meeting discussed the overall situation in the region and the need for the international community to take immediate steps to prevent the region from sliding into a cycle of war." link