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Dinarland Highlights for February 21, 2025

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Dinarland Highlights – 2.21.25

Mountain Goat

Another major step to fully globalizing Iraq is in the article titled  “IRAQ MOVES TOWARDS GLOBALIZATION …IMPLEMENTATION OF INTERNATIONAL ACCOUNTING STANDARDS BEGINS IN 2026”. …in my eyes this is not going to trigger the RV but is certainly a right step in the direction we want. Remember the CBI told us that January is the most optimistic to revalue the dinar with any substantial change in value. Why? It is because of the accounting practices and it is MOST convenient to begin a new fiscal year clean with a new rate. Remember we may be already into February but we know they just passed the amendment to the budget law and so they have not yet even opened the 2025 budget. So there still can be a rate change coming…

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MarkZ

[via PDK]

Article:
“Kurdistan Council of Ministers confirm its aspirations to resume the nation’s oil exports as soon as possible”

This is big and they are talking of resuming them in the month of February. This may be one of the big keys we have been waiting for.

…the CBI site is having many issues. Looks like it’s going through a major upgrade? Are they getting ready for something?

We do know for a fact that the Iraqi Parliament Speaker of the house is in Washington DC and meeting with the Iraqi division and the US department of stateIs it RV related-We don’t know?…

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Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: They showed several individuals that were busted in the new system trying to laundry money but they can’t now with this new system.

FRANK: That’s right.  Security and stability was the #1 thing that was needed in order to release the new exchange rate.  That’s why it’s exciting right now.

FIREFLY: Kurds leader Barzani just came on the TV...He said he is expecting the oil to resume flowing from Turkey next month, ending a 2-year drought…Things are moving very quickly…

When you go to an American bank where is the American bank going to send a dinar to? Back to the CBI? No. WhereTo our Federal Reserves. Within a year it may double or triple. Can you imagine the power Trump is going to have?

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Clare (KTFA)

Article:
“Member of Parliamentary Finance: The failure of the 2025 budget tables to reach Parliament is hindering the work of spending”

Quote:
“Member of the Parliamentary Finance Committee, Jamal Kojer, confirmed that the 2025 budget schedules have not yet reached Parliament.

Article:
“Despite Iranian denial, a delegation from Washington will arrive in Baghdad “soon” to begin negotiations with Tehran – Urgent”

Quote:
“Former House of Representatives Rapporteur, Muhammad Othman Al-Khalidi, revealed today, Friday (February 21, 2025), the imminent arrival of a high-ranking American delegation to begin the first steps of indirect negotiations with Iran…He pointed out that ‘what matters to us as Iraqis in these negotiations is that Baghdad is not an arena for conflicts and tensions, and that we be a party that enhances security and stability…’ “

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Fnu Lnu

I have a very hard time believing they are so worried about counterfeiting of the new Iraqi Dinar. De Larue designs and creates the most sophisticated tamper-proof currency in the world. Counterfeiting is nearly impossible. The equipment needed to make a believable counterfeit Dinar is astronomical if it could be obtained at all. These stories don’t hold water. The parallel market parity story and the c********n story are equally illogical if not ridiculous and the counterfeiting story is absurd. How do you get any better than the best in the world? Just doesn’t make sense. They are still stalling and the reason seems to be the cross-border payment training.

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Samson (KTFA)

Article:
“The first of its kind in the region and Iraq as a whole.. Inauguration of an international financial and commercial center in Sulaymaniyah”

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Sandy Ingram

Al-Rafidain Bank has made a historic move, unveiling the first issuance of national bonds worth a staggering IQD 2 trillion or $1.5 billion.  This groundbreaking initiative launched under the directives of the Ministry of Finance and the Central Bank of Iraq signals a bold step towards economic stability…These bonds come in two distinct categories… The first category valued at IQD 500,000 offers a 6% annual interest rate payable every 6 months with a maturity period of 2 years.  The second, IQD 1 million delivers…7% annually…maturity of 4 years…These bonds are available not only to banks but also to the general public…This initiative marks a new chapter in Iraq’s economic landscape

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Bruce (The Big Call)

[via WiserNow]

I got…that redemption center leaders are to have received…an email…that would tell them whether or not they should go into the redemption centers…Saturday morning… what is the timing for usWe have one source so far that is confirming that we will get notified Saturday and exchange starting Monday of this coming week… I don’t have it confirmed from any of our normal, regular sources. They’re all saying it’s close…looks pretty good for us to get notifications on Saturday and start on Monday. We shall see.

Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles

Courtesy of Dinar Guru

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