Sunday, August 3, 2025
Why the Dollar Is Dropping Against the Iraqi Dinar 🇮🇶💵
📉 Highlights: Why the Dollar Is Dropping Against the Iraqi Dinar 🇮🇶💵
🧠 Expert Insight: Economist Munar Al-Obaidi says the dinar is strengthening due to multiple economic & policy shifts.
🏦 Key Reasons for Dollar Decline:
🔻 Economic Contraction: Reduced consumer confidence & spending = less need for USD in trade.
🛑 Gov’t Investment Halt: Shift from investment to operational spending lowered overall demand—including for dollars.
📊 Reduced Parallel Market Pressure:
Tighter border controls cut smuggling & fake invoices
Traders shifting to formal banking systems
Decrease in re-exports lowered USD demand
💼 New Payment Practices:
Iraq paying foreign companies in black oil & naphtha, not cash = less need for CBI dollar sales
🗳️ Election Spending: Campaigns converting stored USD into dinars = more USD supply in market
🌍 Increased Visitors: Foreign arrivals bringing in more hard currency = stronger dollar availability
🚫 Border Closures: Syria border shutdown disrupted illicit trade, slashing black-market USD demand
💸 Dinar Supply Tightened: Central Bank withdrew dinars from circulation = increased demand for dinar
📈 Result: More demand for IQD, less pressure on USD → exchange rate shift in favor of the dinar
--------
Among Them Is The Economic Contraction.. An Expert Reveals The Reasons Behind The Decline In The Exchange Rate.
July 31, 2025 Baghdad/Iraq Observer Economic expert Munar Al-Obaidi confirmed that the exchange rate of the US dollar against the Iraqi dinar has witnessed a significant decline recently.
This decline is due to a group of intertwined economic and procedural factors, which vary in their level of influence but have collectively contributed to strengthening the dinar.
Al-Obaidi told the Iraq Observer that “the reasons for the dollar’s decline include the economic contraction and declining consumer confidence.
The state of uncertainty in the Iraqi market, as a result of the economic slowdown, has led to a decline in the confidence of individuals and institutions in spending, which has negatively impacted the volume of public demand, thus reducing the need for the dollar as a stimulus for trade.
In addition, the halt in government investment spending has led to the government focusing on operational spending rather than investment spending, leading to a decline in economic activity.”
He added that "the general budget is the primary driver of economic activity, and reducing investment spending has reduced aggregate demand, including demand for the dollar."
He noted that "other reasons include :
tightening controls at border crossings and
government measures to curb smuggling and regulate relations with the Kurdistan Region, which have contributed to reducing the phenomenon of inflated invoices, which has reduced the unreal demand for dollars in the parallel market."
Regarding the shift of traders to the formal banking system, Al-Abidi explained that “the markets have witnessed the entry of a large segment of traders into the formal banking system, and their reliance on the official dollar exchange rate through approved platforms, which has reduced the volume of trading in the parallel market and reduced pressure on the dollar, in addition to a decline in re-export operations.
The decline in the re-export of goods to neighboring countries has led to a reduction in demand for imported goods, which has directly reflected in a decline in the need for dollars to finance these commercial operations.”
He emphasized that "settling major companies' dues in oil products instead of cash also had an impact on depreciating the dollar, as the government settled a portion of foreign companies' dues in black oil and naphtha instead of cash, reducing reliance on dollars sold by the Central Bank and increasing their supply in the market."
He pointed out that “preparations for the electoral process also play a role.
With the start of the election season, the volume of spending related to the electoral campaigns increased, and this spending is often financed from cash reserves stored in dollars, which necessitated converting large amounts of them into dinars to cover campaign expenses, thus increasing the supply of dollars and increasing the number of foreign visitors and arrivals.
The increasing number of arrivals to Iraq contributed to the introduction of quantities of foreign currencies into the local market, which provided an additional source of hard currency outside the framework of central bank sales, and contributed to strengthening the availability of dollars.” He continued, saying,
"The halt to illicit trade as a result of the closure of the border with Syria played a significant role in the decline of the dollar.
The closure of border crossings with Syria contributed to the reduction of smuggling and illegal trade, which had been heavily dependent on the dollar in the parallel market, leading to a further decline in demand for the dollar."
He concluded by saying, "The decline in the issued currency and the withdrawal of a portion of it from the market is another reason behind the decline in the dollar price.
The Central Bank of Iraq withdrew a portion of the dinar money supply from the market, creating a double demand for the Iraqi dinar against the dollar.
This balance in demand levels between the two currencies helped boost the value of the dinar and raise its exchange rate against the dollar on the parallel market." https://observeriraq.net/بينها-الانكماش-الاقتصادي-خبير-يكشف-ال/
MIKE BARA CHAT HIGHLIGHTS: "BREAKING: Massive Global Payouts Imminent – IQD Rate Launch Within 72 Hours? AT $5.91"
🔹 Key Highlights from Mike Bara Chat
Major Progress:
All necessary funds are now in place. According to sources, nothing can stop the process—it must proceed within the next 72 hours, by Monday.Iraq Rate Announcement:
Everyone is waiting on Iraq to announce the new IQD rate, which is believed to trigger the entire process.
Rumors that CMKX or bonds must go first are false; IQD rate leads.Today's Window:
There was a potential window later on Friday for funds to begin moving. Some, like Wolvie, were told payouts would start.Bond Updates:
Bond holders expected to sign paperwork Friday, but this hadn’t happened yet.
Funds have been released to paymasters, but no disbursements yet.Shotgun Start Expected:
If it’s a "shotgun start," everything goes at once: Bonds, CMKX, penalties, Farm claims, Agros, etc.
Likely timeline: Monday or Tuesday.Rate Speculation:
Bruce’s sources: IQD over $9 — unconfirmed.
Tony’s call: $5.91 — more realistic public rate.
Redemption centers may offer higher rates but involve waiting.
Mike’s Personal View:
He’d rather exchange today at $5.91 than wait days for a “promised” $9–$10 rate.Confidential Intel:
Mike has one last piece of sensitive info he cannot share, known only to a few.
Friday, August 1, 2025
🛢️💰 Oil & Salaries: Kurdistan Region Faces Challenges Amid Oil Export Talks
🛢️💰 Oil & Salaries: Kurdistan Region Faces Challenges Amid Oil Export Talks
⚠️ Iraqi government hesitant to send KRG salaries; may impact oil export resumption.
❓ Timing for June salaries remains uncertain due to ongoing negotiations.
🤝 KRG expected to resume oil exports via SOMO as per agreement, but no set date yet.
🚁 Security risks: Oil fields in Kurdistan under drone attacks, complicating exports.
📅 On July 17, Iraqi Council of Ministers approved sending May salaries to KRG employees soon.
🔄 Overall, exporting Kurdistan oil remains difficult despite partial progress in agreements.
OIL, REVENUES AND OIL PROVIDE THE REGION’S SALARIES
The issue of resuming oil exports from the Kurdistan Region is one of the conditions
The Iraqi government is not easy to send the salaries of the Kurdistan Regional Government (KRG) and it is unclear whether it will create problems for the resumption of oil exports, a member of the Finance Committee said They are bad and dangerous, which affects oil exports.”
The timing of the June salary is unknown
Jamal Kochar, a member of the Finance Committee of the Iraqi Parliament, told PUKMEDIA: “According to the agreement between the two governments, the Kurdistan Regional Government should resume oil exports through SOMO.
“We have no accurate information to export oil from the Kurdistan Region on a specific date, while the negotiations between the two sides on the issue of oil exports and salaries are constantly changing There is a monthly amount of 120 billion dinars for Iraq,” Kochar said.
“If the Kurdistan Regional Government adheres to the agreement with the Iraqi government, there is no problem in sending the June salary, but we can not determine the date of sending the June salary,” he said.
Re-exporting the region’s oil is not easy at the moment
Bahjat Ahmad, an expert in the field of oil and energy, told the official website of the Kurdistan National Union (KNU) PUKMEDIA: “The agreement between the two governments, although several points have been implemented, but exporting oil is not easy.”
“The security situation in all the oil fields in the Kurdistan Region is bad and they are in danger and they are constantly attacked by drones, which makes it difficult to export oil from the Kurdistan Region and it takes time,” Bahjat Ahmad said.
On July 17, 2025, the Iraqi Council of Ministers approved a new agreement with the Kurdistan Regional Government (KRG) to send the May salaries to the Kurdistan Region Kurdistan Regional Government (KRG) salaried employees in the near future.
MNT GOAT: ⏳ RV Reality Check – It’s Not About Article 12, It’s About Economics 💼, PART. 4
🇮🇶 Iraq’s Financial Transformation: Debt, Investment & Dinar Reset – Highlights
💳 Iraq Settles 87% of Foreign Debt!
🏦 Rafidain Bank announces a major achievement: 87% of Iraq’s external debt is now settled.
✍️ This was done through strategic negotiations with international creditors (notably Dutch and French firms).
✅ Backed by Cabinet Resolution 403 (2025), this drastically improves Iraq’s debt-to-reserve ratio.
💰 Iraq now has massive reserves, minimal debt, and a growing GDP — yet the dinar remains undervalued at 1/6 of a penny.
🛡️ Sovereign Guarantees Program Activated
🏗️ The Ministry of Finance & National Bank of Iraq signed an agreement to launch the Sovereign Guarantees Program.
🎯 Goal: Boost private sector growth, attract foreign investment, and offer credit guarantees for major national projects.
🏭 Supports Iraq’s industrial development and builds on completed White Paper banking reforms.
🌍 This will reduce risk for international lenders and create a welcoming environment for global investors.
🔄 Dinar Reinstatement Tied to Larger Global Reset
🛑 Iraq cannot reinstate the dinar on a sole USD peg — it needs a currency basket backed by real value.
🏛️ A global financial restructuring is underway, linked to:
🏦 Reforms at the Federal Reserve and IRS in the U.S.
⚖️ Movement toward a gold-backed dollar and fair trade policies.
🔁 Ending reliance on the petro-dollar system.
🇺🇸 According to the post, Trump’s administration is playing "economic chess" — aligning trade, manufacturing, and monetary policy for a broader reset.
🙏 Spiritual & Political Dimensions
✝️ The writer emphasizes the spiritual and prophetic elements behind this reset.
🕊️ It’s not just about currency — it’s about God’s timing, prophecy, and global change.
🗣️ The question posed: "Do you have the guts to wait it out?"
“The Final Moments Before Everything Changes”
Read also: Ask THESE Questions Before You Go To The Bank (Dinar RV Strategy 2026)
-
🌍 Global Currency Reset: What’s Happening Now The so-called “RV Redemption” is reportedly entering a new phase, according to various sour...
-
A groundbreaking and irreversible shift is occurring in the global financial system as it rapidly transitions to a gold-backed structure. T...
-
Confirmed on Live TV – Announced Exchange Rate: $6.02! – Take Advantage!🔊 Highlights Summary Here are reports on the officially confirmed...