Dinar Report

Mountain Goat Article: ‘THE US HAS STOPPED SENDING CASH DOLLARS TO IRAQ. IS THIS THE BEGINNING OF A BLOCKADE.’ Quote: ‘… the United States has decided to completely halt cash dollar shipments to Iraq…’ The operative word is ‘completely’ not just to some banks. This will force getting off the sole peg to the US dollar…They desperately need to get off this peg and to a ‘basket’ of currencies the IMF already has lined up to use. The US has blocked dollars before but this time to EVERY bank in Iraq and Iraq as a whole. I look at this as the final nail in the coffin for the parallel market. We should see the Iraq dinar rise to very close to 1100 very soon. We would like to see a target of 1000… ______________________________________________________ MarkZ [via PDK] I think July is still very much still in play…It really does feel like it did days before the Kuwaiti revaluation. I do think we are almost at the end. Although no one knows the exact timing…events point as this being very close.  ______________________________________________________ Frank26 (KTFA) The financial advisor Saleh have told the Iraqi citizens the difference between the official rate of our currency and the parallel rate is now approaching less than 4% and that indicates you’ve entered the ‘conversion phase’…Do you realize how close we are to what they want to accomplish.  This is monstrous…This is phenomenal what we are witnessing. They’re protecting the new exchange rate in 12-2c…If all of this was being done at 1310 you wouldn’t have any of the secrecy, you wouldn’t have parliament complaining about the secrecy. [These rate articles] have me so excited because now it’s becoming a chronic daily event to see the American dollar melting away inside of Iraq to the point of reaching the official exchange rate…IMO that official rate is not  1310, it’s 1 to 1. ______________________________________________________ Clare (KTFA) Article quote: ‘Mazhar Mohammed Saleh…The fact that the difference between the official and parallel rates is approaching less than 4% indicates that we have entered the convergence phase, as this difference represents only the cost of transactions.’ Article: ‘Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq, a move described as potentially the beginning of a ‘financial blockade’ on some Iraqi banks involved in currency smuggling and money laundering…Remarkably, the US decision coincided with a significant decline in the dollar exchange rate in the Iraqi market. Experts interpreted this as a natural consequence of the restrictions on the circulation of cash and the  prevention of its smuggling abroad. This led to an increase in supply in the local market and a temporary decline in its price.’ Article: ‘The dinar is recovering and the exchange rate is declining towards the official rate.’ Quote: ‘For several months in 2025, the US dollar exchange rate has continued to decline against the Iraqi dinar, recovering by  around 13 points. It is expected to gradually decline to approach the official exchange rate during the coming period of this year’ ______________________________________________________ Advertisement ______________________________________________________ ______________________________________________________ MilitiaMan All of this [activity and progress] is extremely telling…It’s very telling to see how far along they are. Obviously the ultimate question is going to be what’s the date and what’s the rate.  That’s not on me.  I’m just going to bring you guys the news.  How is it that 1310 is based off non-oil revenues, oil revenues, all the taxes and tariffs, liquid natural gas.  $16 trillion worth of revenues supports 1310.  Does that make any sense to you.  It really doesn’t. ______________________________________________________ Samson (KTFA) Article 1: ‘Al-Sudani decides to fund the salaries of employees in the region for the month of May.’ Article 2: ‘Erbil transfers 120 billion dinars of non-oil revenues to Baghdad.’ ______________________________________________________ Sandy Ingram Why Black Rock will help Iraq to readjust the IQD currency…You want to understand the international financial connections and how Iraq fits into the picture. Highly intelligent people in Washington DC…are discussing this subject. Why.  Because Black Rock is worth 11 trillion dollars…Iraq is of particular interest because it sits on one of the world’s largest oil reserves and is in the early stages of rebuilding its economy, banking systems and infrastructure… A currency revaluation would signal increased economic stability and could open Iraq to more international investment.  Black Rock…may view such a revaluation as a step toward making Iraq more attractive for long-term investment…Black Rock has shifted more of its strategy towards emerging markets and warned about the risks of United States dollar over dependence…Black Rock’s support [of Iraq]… would lend credibility and possibly encourage other large institutional investors to follow… ______________________________________________________ ______________________________________________________ Advertisement ______________________________________________________ Walkingstick (KTFA) The ban on dealing with dollar inside of Iraq that’s why the value has been increasing.  Everyone inside of Iraq, all these contractors, everyone is going to use the IQD.  They’re about to use it on a different level. The statement that everyone inside of Iraq is about to use the IQD, that’s the big one.  That’s what’s going to boost the value of the Iraqi dinar.  That’s what’s going to give them purchasing power.  But above all things that’s what’s going to give Iraqi citizens confidence in their new national currency the IQD.  ______________________________________________________ Fnu Lnu Article: ‘A new report from the International Monetary Fund (IMF) has said that the restructuring of state-owned banks (SOBs) can foster the development of the private sector and improve growth.’ Much of the ’Banking Reform’ is still on the drawing board…All the IMF reports say that revaluation is 1-2 years away.   Source : dinarchronicles

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