Dinarland Highlights – 8.6.25
Mountain Goat
What we have is all still very good news and showing Iraq is still moving in the right direction…Iraq is still aggressively fighting that uphill battle to regain its full sovereignty and financial independence… However…As long as Iraq is on the petro-dollar and it is the sole peg for the dinar, this will continue…In recent weeks the CBI has come out with so much news about finally being able to control the dollar in Iraq by controlling the parallel market. Why is this so important?
We know that the CBI has told us there is going to be one more “official” rate change after the 1320 then conduct the Project to Delete the Zeros once this control of the parallel market is accomplished. My contact in the CBI then told me they thought that maybe the parallel market could reach the official rate by the end of last week. Did it? We still wait for the news to come… the Project to Delete the Zeros is a focal point for the rest of the process going forward to make it to the reinstatement of the dinar back to FOREX, with a rate was as investors want.
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MarkZ
[via PDK]
Question: Why have things gotten so confusing?
MarkZ: We were told it would be crazy confusing just before they pull the trigger…
Question: IYO Mark- Will we see the RV before Iraq e-------s?
MarkZ: I think we will see it before the Nov. e-------s. Sudani said we would see it this term…This term as President we would see the dinar be the father of the dollar…and the dinar back to its former glory.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: TV is showing strong USA warning. They are really making a big deal about this. Your president says USA warning in reference to Shiite PMF bill. Trump said if it is passed inside of Iraq, Iraq will be hit with strong sanctions and devaluation of the dinar. They’re saying this bill will threaten Iraq’s sovereignty. We cannot afford to lose everything we’ve established.
FRANK: You don’t have to worry. Who the hell do you think is backing your Sudani? My Trump. End of story.
Article:
“Al-Maliki’s bloc vows to reveal the names of those who object to the Popular Mobilization Law: A stigma of shame”
TRUMP WILL SANCTION & DEVALUE THE IQD! 1310 can you devalue it even more? Shoot yeah. When I started it was around 1400/1500 something like that…Yeah, it can be devalued…Trump is this really what you want to do? No I don’t think you do. This is serious…I need you to stop this law, says Donald Trump because if you don’t I’ll put sanctions on your currency. [We’d be back] to square one. Trump does not want that. He wants to get paid…
[Iraq boots-on-the-ground report]
FIREFLY: Sammy say we have to take this one very serious now because if the Shiites get the PMF law passed it’s going to give Iran free rein inside of Iraq. This will destroy us. The United States of America already said if this is passed then heavy sanctions, then further devaluation of the dinar. This will mean the collapse of everything here…This is getting a little serious…It’s getting dangerous.
FRANK: I don’t believe Sudani nor Trump will want to do that and start all over. But if it happens, Trump will increase sanctions. He will devalue more of your currency and that will destroy everything of your monetary reform.
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Clare (KTFA)
Article:
“The US State Department warns Baghdad: The Popular Mobilization Law changes the nature of our bilateral security partnership with Iraq.”
Quote:
“The State Department confirmed Tuesday evening that Washington opposes the Iraqi parliament’s efforts to enact the Popular Mobilization Forces (PMF) law, noting that its passage would alter the nature of the bilateral security partnership with Baghdad”
Article:
“With a new law, Iraq is in the crosshairs of US sanctions aimed at drying up Tehran’s funding.”
Quote:
“The American website Oil Price revealed...Iraq has officially entered the targeted circle within the escalating US sanctions strategy against Iran, through a new bill submitted to Congress that aims to ban its imports of Iranian gas and electricity, which constitute approximately 40% of its energy needs…an additional bill titled ‘Revoking Iranian Waivers,’ which aims to permanently freeze sanctioned Iranian assets everywhere, including inside Iraq, and prevents any current or future US president from using his authority to ease or suspend those sanctions.”
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Pimpy
Handle Forex is a cryptocurrency…It’s primary purpose is to enable users to create and exchange FX tokens which are collateral backed stable coins…It’s not a platform…No the Iraqi people are not swapping their dinars for a digital currency that they use on that platform…
When this happens, it happens worldwide. There is no in country, this, out of country, that. Once they decide to delete the zeros, it affects all their currency no matter where it’s at.
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Walkingstick (KTFA)
We were assured by the GOI and by the Prime Minister that the draft law they are trying to pass, Iran, it will not become a law. My sources tell me there is a lot of pressure, a lot of pressure. More than one scenario was presented to Iraq. In a nutshell, they would be taken back to the days of a military blockade. They would be stripped of any international standings, IMF, WB, WTO, all of them would s---p them and classified as a state sponsoring t-------m.
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Sandy Ingram
The Central Bank of Iraq has released its first quarter report for 2025 and it’s good news…After months of economic uncertainty and regional instability the central Bank of Iraq’s report reveals a series of positive indicators. Inflation is finally showing signs of stabilization. Foreign currency reserves have increased now exceeding $100 billion strengthened by tighter fiscal policies and improved oil revenue management. More importantly the dinar has held steady backed by ongoing efforts to reform the foreign exchange market and reduce its dependency on the parallel market. Non-oil sectors are slowly gaining traction too…Alaq states this quarter’s performance shows our reform measures are taking root…These early signs are encouraging…There’s a feeling of hope in the air.
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Samson (KTFA)
Article:
“Al-Asadi: We reduced poverty to 17.5%, unemployment to 13.5%, and recovered 280 billion dinars from violators.”
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Bruce (The Big Call)
[via WiserNow]
…it looks like we could be looking good for something to happen in terms of notifications and exchanges to start still this week…We’ve heard that from a few other resources, and…that’s making me feel much more comfortable about where we are...Are we looking good for the next couple of days? It looks like it. Let’s see what happens. I know a lot of things are happening.
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Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Courtesy of Dinar Guru
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