Bruce (The Big Call)

[via WiserNow]

…we had a rate at the banks the other day on the dinar that was good. We had a really good rate. It’s not where we’re going to be on  the redemption center screens or on the contract rate at the redemption center, but it was still quite handsome of a rate… Dong is supposed to be very good…The dong will be traded at the bank…But I don’t think it’s going to be as high of a rate as it would be at the redemption center, but...It’ll be a very good rate…I’ve been told we will be pleased with those rates.

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MarkZ

[via PDK]

From Iraq: ’Economic Council: A wide desire from regional and international companies to participate in the Iraq Investment forum’

Many countries  and companies are showing up in Iraq with hundreds of billions for investment. Iraq is the most attractive place in the middle east to invest. 

…I still hear The IQD in the high $4 or almost $5 and $2+ for the VND…

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Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: Iraq TV Channel One, Central Bank of Iraq revealed the value of the issued currency, ‘printed’ in Iraq currently at its lowest level in a year.

FRANK: You’re [the CBI] are distinguishing the 3 zero notes…You’re not talking about the lower notes.

Question:
‘If the dinar went from $1.00 to $4.81 would it cause confusion in businesses and consumption prices.’

Yes. The goal is to reach 1 to 1 status.  Once it is, that 1 to 1 stay inside the country… When it leaves outside of the border on a vehicle called Forex the rest of the world will touch the Iraqi dinar by using it, selling it, spending it, investing in it, platform banks with it, that movement of the dinar will allow that 1 to 1 that started in country, but when you went outside you’re maturing, $1.50, $2.00, $2.50. Who determines that value.  The outside market. Do you think the outside market is just dying to get their hands on the Iraqi dinar.  

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Clare (KTFA)

Article:
‘The currency printed in Iraq is at its lowest level since a year.’

Quote:
‘Data showed Central Bank of Iraq The value of the issued currency, ‘printed’ in Iraq Currently at its lowest level in a year.’

Walkingstick (KTFA)

Article:
‘The currency printed in Iraq is at its lowest level since a year’

That’s exactly what we want.  When they were collecting the 3 zero notes goal number one was to determine the value of the Iraq dinar.  Number two…was to determine the number of notes that have been collected…They are hitting both of these categories hard right now…We believe this is leading to a 1 to 1 at least so it can float internationally…For them to make this report is very good for what we’re looking for. 

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Fnu Lnu

[Response to Guru Militia Man 6-8-2025 post below]

The Iraqi Dinar has a REER and that is 1300. This is clearly stated, in black and white, on their last annual financial report . That has remained unchanged for the last two years. AND…It’s not traded on International trading platforms…period. 

Article:
‘Iraq’s Minister of Finance, Taif Sami Mohammed, welcomed a delegation from the World Bank’s Environment Section…The talks covered key World Bank projects focused on environmental protection and improved resource management.’

They want to make Iraq a ‘Green Economy’ which is a train wreck looking for a place to happen. Spain went ’GREEN’ and destroyed employment and the economy. Germany went GREEN and destroyed the ability to stay warm in winter and destroyed the economy…Now it’s Iraq’s turn in the barrel unless they ignore this foolishness. This is the definition of instability.

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Pimpy

It’s really hard if you are holding on to millions and millions of Iraqi dinar and you need some money back for them, don’t try to sell them in groups…eBay…[Online brokers], try to find a bank that will allow you to exchange your currency straight across for dollars at the current exchange rate.  There’s no fees.  Some airports will allow you to do that. There will be a fee at the airport.

We need them to increase the exchange rate without taking off the zeros.

Sandy Ingram

For decades Iraq has relied almost entirely on oil sales to support its economy.  But now the government is working to create a second source of income by getting involved in the global carbon market…Iraq also plans to raise money through carbon bonds which are investments tied to projects that lower emissions.  This shift not only helps Iraq cut pollution…but also attracts new investors and supports long-term financial stability.  This is excellent news for Iraq and for IQD investors. 

Source : dinarchronicles

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