DINAR REVALUATION

Monday, March 17, 2025

ARIEL: We Should See Iraq Make their Moves Now @DINARREVALUATION #iraqidinarinvestor #iraqidinar

To Reduce Speculation, A Sudanese Advisor Reveals A New Monetary Strategy, 17 MARCH

To Reduce Speculation, A Sudanese Advisor Reveals A New Monetary Strategy

Time: 2025/03/16 19:29:30 Reading: 720 times {Economic: Al Furat News} The Prime Minister's economic advisor, Mazhar Mohammed Saleh, revealed a new monetary strategy Sunday evening that seeks to reduce speculation.

Saleh said in a statement to Al-Furat News that: "A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking system."

He explained that "this strategy focuses on expanding the base of buying and selling foreign currency at fixed and stable rates, in line with the current monetary policy."

Saleh emphasized that "these steps coincide with enhancing the freedom of the foreign exchange process, with a high commitment to transparency and money governance in line with international standards."

He pointed out that "this strategy is being implemented in an organized and precise manner by the Iraqi banking system, and specifically targets large transfers, especially those related to financing wholesale trade."

Saleh also pointed out "the importance of stimulating electronic banking transactions to reduce cash circulation, which contributes to feeding the parallel market with cash dollars, thus reducing speculative operations that take place outside the framework of the law." LINK

TIDBIT FROM CLARE, 18 MARCH

Clare

Article Quote: "The Governor of the Central Bank, Ali Al-Alaq, said...there is frequent confusion between the position of the Central Bank, which is a completely different situation from the financial situation related to the financial policy in the country or the Ministry of Finance, indicating that

the Ministry of Finance's revenues are based in dollars through Iraqi oil sales in the global market. Al-Alaq stressed that the Central Bank deals in Iraqi dinars for all amounts it receives in dollars, and this is very available under any circumstances,

calling for distinction and separation between the financial situation at the level of the government and the Ministry of Finance, and the availability of cash at the Central Bank of Iraq."

MNT GOAT: "SHRINKING THE PARALLEL MARKET", MY CBI CONTACT TOLD US THAT THIS HAD TO HAPPEN #iqd

Parliamentary Finance Committee Warns Of Sanctions Against Rafidain Bank: It Is Marred By Regulatory Concerns, 17 MARCH

Parliamentary Finance Committee Warns Of Sanctions Against Rafidain Bank: It Is Marred By Regulatory Concerns

Banks Economy News – Baghdad Deputy Chairman of the Finance Committee in the House of Representatives, Ikhlas al-Dulaimi, warned of the possibility of the US Treasury imposing sanctions on Rafidain Bank if it continues to implement procedures marred by regulatory concerns.

Al-Dulaimi said, in an interview monitored by Al-Eqtisad News, that "Rafidain Bank, like any private bank, is subject to the instructions and regulations of the US Treasury Department under an agreement with the Central Bank of Iraq and the international company charged with monitoring the work of banks in Iraq."

She added, "The international company pointed out the existence of violations in the work of Rafidain Bank, which prompted the bank to contract with a foreign company to improve its performance and address these concerns."

Al-Dulaimi pointed out that "the bank's continued operation according to its previous procedures could lead to US sanctions being imposed on it, along with other private banks, if the recorded violations are not corrected."

On January 30, 2025, US Republican Representative Joe Wilson renewed his attacks on Iraq, but this time by demanding sanctions on the government-owned Rafidain Bank. https://economy-news.net/content.php?id=53438

ARIEL: We Should See Iraq Make their Moves Now, 17 MARCH

ARIEL: We Should See Iraq Make their Moves Now

Ariel

I guess that strike in Yemen has scared Iraqi officials into speeding up the budget before EID. They realize there’s no more excuses to rely on to further postpone unless they are ironing out all the bureaucratic redtape that comes with resuming the oil exports with Kurdistan.

They are not even connected with Iranian electrical grid anymore. It’s been smooth sailing without any interruption since connecting with Saudi Arabia for their power. Now Iran wants retaliation. But I do not think they know they have already lost.

Donald Trump did not forget what he told Benjamin Netanyahu. And once things get going on that front we should see Iraq make their moves. Tuberville said on Fox News that D. Trump will activate the tariffs around April 1st. A level playing field. But will currencies revalue before then?

How does this help Iraq revaluation?

The Houthis have been hammering shipping in the Red Sea over 80 attacks since late 2023, sinking ships, spiking insurance costs, and forcing reroutes around Africa. Iraq’s oil exports don’t directly rely on the Red Sea (most go through the Persian Gulf), but global trade disruptions jack up oil prices and destabilize markets.

Neutralizing the Houthis could calm these waters, lower shipping costs, and boost confidence in Middle East stability. For Iraq, a steadier oil market means more predictable revenue $90+ billion annually from 4.6 million barrels/day. That cash flow could back a stronger IQD revaluation pitch.

Which is something they definitely need to consider. All of this will help stability in Iraq economy. So you know this will not end well for Yemen. There will be air strikes all night. Because we need them out of the way. Because if they plan on opening the budget before April it would make sense off the heels of this Yemen attack. Especially given what Tommy Tuberville said about those Tariffs this week.