Nick Fleming RVGCR Intel Update April 25, 2025

MarkZ

[via PDK]

Many of you sent this to me today and it is very interesting. ‘Huntington Bank in Michigan now accepts the Iraqi dinar.’ I am hearing from many banks that even if banks are accepting them…They are not accepting them at an increased value yet. The question is Why would they set up the mechanisms to deal with these currencies. This means they can go ahead and train employees, the system is plugged in and they can verify it. The only difference is once the value changes – you will get a lot more for it. To me this is a great sign we are very close. I am hearing from many banks that this is the system preparing. Starting Sunday or so …bankers lit up and are saying in the next 1-2 weeks we will be complete.

Article:
‘Iraq markets signs a memorandum of understanding with Abu Dhabi market to join the Tabadul platform’

This means Iraq is fully international.  This should mean they need a fully international rate on the dinar. Bare minimum…they need a real effective exchange rate (REER) if not a reinstatement or revaluation.

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Bruce (The Big Call)

[via WiserNow]

…one of our sources, said, get ready …Another one said this is the start of the greatest turnover of wealth, history of the world…the rates that we’re looking for are already on the redemption center screens…  on Monday…I think we’re going to find that the rates are exactly where they want them to be for us to get started…Dong is very high, way higher than I thought it would even get to…So really this is coming to a conclusion…I think we’re looking at a very, very good middle of the week.

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Frank26 (KTFA)

Article:
‘Baghdad prepares to receive a Kurdistan delegation…a decisive round to turn the page on disputes’

The only dispute is that we don’t have a new exchange rate.  IMO that’s what this conversation is going to be about.  It’s not about the oil.  It’s not about flowing the oil.  The oil is not about the HCL. It’s not about Article 140.  It’s about a new exchange rate IMO.

[Iraq boots-on-the-ground report]

FIREFLY: Television says we are way more richer than we thought.

FRANK: You have no idea your wealth.  You have no idea the power you have, no idea what you can come out with an exchange rate.  I know you want your purchasing power but it has to be done perfect just like launching the spaceship to go to the moon… Everything has to work in synchronization and that’s what I’m seeing.

FIREFLY: World Bank is saying Iraq is now economically stable.

FRANK: IMO the World Bank is trying to tell the world Iraq has a new exchange rate or they wouldn’t make such a bold and s****d statement like that. The WTO doesn’t require a new exchange rate but it does require your currency not to have any restrictions on it, therefor allowing it to go up in value when they are ready…

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MilitiaMan

Article:
‘What are the real reasons behind the delay in sending budget tables.’

So, the cat is finally out of the bag. They are now saying what we could see…Article 12 of the 2023-2024 Budget is being withheld publicly. It is clearly exchange rate related! What they are saying is now in print that the street knows what we know and this is supporting our view…

Article quote:
‘The World Gold Council announced Iraq would rank 28th globally and 4th in the Arab world in gold purchases and reserves in 2025.  This confirms the central bank is proceeding steadily to achieve the objectives of monetary policy and reducing inflation, controlling the general price level, controlling the money supply, maintaining the dinar exchange rate within the target rate for the public and continuously monitoring and analyzing the interest rate set by the central bank…’

Iraq is clearly doing the things right…Whether she’s at 1310 today or a new fresh real effective exchange rate, she has the tools used now that will do the same in the future…

Fnu Lnu

A current article from the WTO website shows us where Iraq is in the accession plans lie.  Basically there are two main issues now.

Article:
‘The Chair invited Iraq and WTO members to intensify bilateral negotiations on market access’

This process is nowhere near completion with meetings scheduled well into the Summer and most likely thereafter.  Accession to the WTO is another event that has been tied to the RV when there is no real reason for such a speculation or analysis. If that is what you think we are waiting for, then settle back and wait until summer is over and I’ll update again after the roundtable meetings.

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Sandy Ingram

One thing is for sure, with Iraq’s announcement of its $16 trillion natural resources, Iraq is holding its own.  Sooner rather than later we will all understand that Iraq’s currency will become more valuable.  They are playing with the big boys now…

Pimpy

I have 5 million dinars.  Obviously if they delete the zeros that now becomes 5,000 dinars. If they do reinstate the rate that give me $15,000.  I don’t think I paid $2,000 for all my dinar…For me that would just be ‘play money’…Take that $15,000 to Vegas would do me good… 

Walkingstick (KTFA)

[Iraqi bank friend Aki update]

Aki cannot own any of the currency of Iraq.  He cannot possess any of the lower notes in order to profit. Aki and his boss care about the exchange rate to come out not the lower notes.  Aki cannot profiteer from turning in lower notes or 3 zero notes to the CBI…He is interested in the new exchange rate for their investors inside of Iraq and outside where he is at with that bank in Michigan…Aki is angry the lower notes are still waiting for the same thing that you and I are waiting for, the new exchange rate.

Source : dinarchronicles

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