Bruce (The Big Call)

[via WiserNow]

…we are looking to get started in the first couple of days in June…Could we get an email Saturday. Sunday or Monday.…Yes – Yes and Yes… you guys can look forward to a great weekend, wonderful month of June… 

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Mountain Goat

I strongly believe that the CBI has broken the proverbial back of the camel, yes, the back of the parallel market…it is evidenced in an article titled ‘THE DOLLAR’S DECLINE IS IN THE INTEREST OF CITIZENS AND STRENGTHENS THE PURCHASING POWER OF THE DINAR.’ …Hamid Abu Firas, owner of a money exchange company, explained…that ‘this fluctuation in the exchange rate cannot be called a fall in the dollar price, but rather an increase in the value of the Iraqi dinar against other currencies.’ Folks this statement by Firas is a ‘WOW!’ statement. We are hearing this from a money exchanger. These are the people who want the dollar to rise not decline and so this is a very important truth he had to now admit. 

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MarkZ

[via PDK]

Question: Does anyone know what value the dong was before it was devalued.

MarkZ: If I remember right it was about $2.21 

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Samson (KTFA)

Article:
‘UN: Iraq will become a banking powerhouse both domestically and internationally.’

Frank26 (KTFA)

Article:
‘United Nations Secretary General Special Representative Muhammad Al Hasson confirmed Iraq is on its way to becoming a banking powerhouse domestically and internationally.’

Not at 1310!  …1310 is going to be replaced with 1 to 1 because that’s where they’re almost at…  Article Quote:  ‘ …Hassan pointed out the United States supports Iraq’s approach which will in the coming days become a banking force that interacts internationally…’

[Iraq boots-on-the-ground report]

FIREFLY: Sammy says half of Iraq is good but the half close to Iran is the real issue and that’s what they are trying to fix.

Clare (KTFA)

Article:
‘Al-Hassan: Iraq is on its way to becoming a banking powerhouse domestically and internationally.’

Quote:
‘Al-Hassan pointed out that the United Nations supports Iraq’s approach, which will in the coming days become a banking force that interacts internally and externally.’

Article:
‘Al-Sudani to a congressional delegation: We look forward to developing our relationship with Washington in four areas.’

Quote:
‘Al-Sudani stressed the importance of bilateral relations with the United States and expressed his aspiration to develop and grow them across various fields, particularly in the economy, energy, investment, and culture sectors, in light of the Strategic Framework Agreement.’  

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MilitiaMan

Article:
‘UN: Iraq will become a banking powerhouse both domestically and internationally’

You might not like the UN but that doesn’t matter.  Bottom line is it’s the United Nations… ‘Banking Powerhouse’ probably not far-fetched whatsoever…We should take that extremely serious…

What we’re hoping is Iraq changes the value of the currency and has no sanctions on it…Iraq is far more further along in her reforms than many probably realize.  The data supports that…  

Pimpy

There are no redemption centers.  You can just do it at your bank or you can go to a currency exchange center and change in your currency.  You got to be careful that there aren’t some fraudulent people out there claiming to have an 800# that you call, then you do something s****d like turn over your dinar to them and they they rip you off.  That’s the same with redemption centers.  They may offer you pennies on a dollar and you get ripped off.  You just need to be careful of c**p like that.

We don’t know what they’re going to do.  Do they leave the zeros on.  Do they take the zeros off. The only reason why I’m saying you got to be careful because they keep talking about they’re studying the deletion of the zeros, which means their intentions are to remove the zeros.  Whether they do that after they revalue and change the exchange rate or before they change the exchange rate is a big question.

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Walkingstick (KTFA)

[Response to Guru Clare 5-31-2025 Article below]

This is a big announcement.  The United Nations fronted Iraq.  They beat the CBI to the punch because this is a very big strong statement to release.  It’s a new world now that Trump is back in office.

Source : dinarchronicles

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