Dinar Holders can get a higher Dinar Rate at a Redemption Center by asking for the Contract Rate. That rate will be nine times higher than it is at a bank. The bank rate appeared to be $9-$10.
The Forex will come up Sunday evening with the new rates on it.
Banks and Redemption Centers have different rates. The Redemption Center rates are higher.
You cannot redeem Zim at a bank. You have to do it at a Redemption Center.
Several sources say that Notifications to set exchange appointments for Tier4b (us, the Internet Group) will come out sometime over the weekend through Monday morning 4 August.
Several sources say exchanges for Tier4b will start Mon. afternoon 4 Aug.
US citizens age 28 and above will get a certified tariff rebate check (DOGE payments). That should start Fri. 1 Aug. 2025 and end Sun. 3 Aug. 2025.
Seniors on Social Security will get it by direct deposit.
At your appointment you can refer six people for med bed treatments – name and phone number.
💸 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
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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 theeconomic 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 productsinstead of cash also had an impact on depreciating the dollar, as the government settled a portion of foreign companies' dues in black oil and naphthainstead 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.
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
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.
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.