Dinarland Highlights – 5.12.25
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Saleh on TV now again. He’s saying on TV saying CBI efforts have made the gap close between the official rate and the black market. They’re talking about how good the CBI has done…
FRANK: There sure is a lot of activity going on with your Asraflak phase…This education all campaign is amazing. I love the fact that Nazari came out and bragged about the CBI and how the CBI has lowered the exchange rate of the American dollar inside of Iraq, praising the CBI because they closed the gap between the black market and the official CBI exchange rate.
Article:
“Iranian-American negotiations raise the value of the Iraqi dinar against the dollar”
That’s why the gap is closing in the black market. It is raising the value and it will eventually allow it to reach a certain rate where it can float…
FIREFLY: Television says from the United States of America that 46 business leaders from Iraq including Kurdistan will be attending a conference in the United States of American from the 11th to the 14th. This is pretty interesting. These are some of the most powerful business leaders in Iraq going to your country.
FRANK: Do you think any American businessman wants to deal with 1310? Of course not. All of this is…signs pointing in one direction that you are the prettiest girl at the party and everybody want to kiss you…
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MilitiaMan
The Parallel Market is a big thing in the news because the street parallel market is an i-----l market…They’re talking about getting the parallel market on par with the official exchange rate or really close. I think that’s what’s taking place.
They haven’t exposed Article 12-2 paragraph C of the 2024 budget yet. I believe it is exchange rate related.
Those that have a ‘need to know’…when it come to investment in Iraq are going to have access to that data…They’re not going to get a date and rate…What they do do is give you the accurate information…Once again the media has been schooled. The importance of giving out real news and not f--e information with political motives is what they’re coming at. It’s obvious that we should all, even you, do a little bit of due diligence because if you own Iraqi dinar or other currencies you should know what you own…I think it’s a really good time to focus in on that.
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Clare (KTFA)
Article:
“Al-Nusairi: Our dinar continues to recover until it reaches the official price.”
Quote:
“Economic and banking advisor Samir Al-Nusairi confirmed on Sunday that the Iraqi dinar has been gradually recovering for several weeks due to internal and external reasons that have directly impacted controlling fluctuations in the US dollar exchange rate, regardless of the many reasons that led to its decline and its reaching 10 cents, after the difference between the official and parallel rates had been 20 cents for a long period…Al-Nusairi bet on the Iraqi dinar’s continued recovery through 2025…“
Article:
“The dollar’s exchange rate is stabilizing towards its target: adaptation or adjustment?”
Quote:
“It became clear in the period from last April until this May that the dollar exchange rate in Iraq began to stabilize, declining towards the (official) target level.”
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Fnu Lnu
Article:
“The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul.”
As you can see, the arrangements being made for the Digital Iraq are more far ranging than you may have thought. There is much work to be done yet as many dozens of infrastructure projects, and housing projects, continue to be added to the agenda weekly. The Iraq stock market did very well in the past year with many yields over 100%. There are no discussions of the RV/RI, by any credible source, to be found anywhere.
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Sandy Ingram
The Central Bank of Iraq has announced pilgrims can purchase dollars through designated banks and companies in Baghdad and other provinces. The process involves exchanging Iraqi dinars for US dollars at the branches of participating banks and companies … We can only hope this procedure continues once the value of the IQD float to an acceptable level against the US dollar …Please do not take this news out of context. No one said anything about an RV or float at this time. We are watching Iraq’s policies and procedures to determine our course of action for exchanging the Iraqi dinar for the US dollar or Turkish Lira. All we need now is a level 2 travel alert from the US State Department. Iraq’s foreign Minister …asked that the travel ban be lifted when he was in Washington DC. Oh, yes you will also need a passport.
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Samson (KTFA)
Article:
“GOVERNMENT ADVISOR : THE CENTRAL BANK’S STRATEGY CONTRIBUTED TO A DECLINE IN DEMAND FOR DOLLARS ON THE PARALLEL MARKET”
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Walkingstick (KTFA)
[Iraqi banking friend Aki update]
WALKINGSTICK: When do you think they’re ever going to release the new exchange rate?
AKI: Of course they have a date. Why do you think I’m here [in Michigan US]?
WALKINGSTICK: Why don’t you tell me.
AKI: You know I’m here to collect the three zero notes. This is what I have been assigned to do. I am not to give out lower notes…
Walkingtick: He’s going to help the Middle Easterners in his Michigan area and in the east coast of the United States.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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