Nick Fleming RVGCR Intel Update October 23, 2025
MarkZ
[via PDK]
Question: Mark, Has the full HCL law passed in Iraq.
MarkZ: Not yet…but we are watching it.
I know there is a tremendous push to get it done in the month of October…a tremendous push to get it done in the next 6 or so days. This is according to my finance ministry contact in Iraq.
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Mountain Goat
Article:
‘ENERGY EXPERT: 70% OF THE ARTICLES OF THE OIL AND GAS LAW HAVE BEEN AGREED UPON’
Quote:
‘… the oil export agreement will help to pass the oil and gas law in the sixth session of the Iraqi parliament, provided there is no political interference… fortunately 70% of the articles of the draft law have been agreed.’
…the Oil and Gas law (HCL) has Not been passed and needs to be passed in order to see the reinstatement.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: The Finance Minister on television talking about their trip to Washington. They say they talked with the IMF…World Bank…US Treasury saying they have agreed to align Iraq’s priorities with our monetary reform for 2026. They’re going to support out plan…They have agreed with everything about our monetary reform.
Last week they came out and told the citizens, they told the world, ‘we have 170 tons of gold.’ But IMO that’s not true. They have so much more. But what’s the purpose of having 170 tons. [Article] says, the intentions to remove zeros from the dinar…We came to the conclusion, oh my dear God, the CBI just announce to the world the three zeros from their exchange rate are about to be removed to add purchasing power to the citizens of Iraq…
The CBI…have hundreds of private banks all over the planet Earth poised and ready to retrieve the three zeros to send back to the CBI.
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MilitiaMan
The oil and gas law will likely be after the event we are waiting for. imo
We had the Deputy Governor talking about not floating the currency. Also the plan to delete the zeros is still on. Those are really key points. We all know that’s what’s been taking place over the last week.
Clare (KTFA)
Article:
‘America is changing the rules of the game. Will Savaya fulfill Trump’s dream of controlling Iraq’s oil.’
Quote:
‘The administration of US President Donald Trump has taken an unconventional step in its policy toward Iraq by appointing Mark Savaya as the US Special Envoy to Baghdad, instead of a traditional ambassador….Economic analysts believe that the T******************n is increasingly appointing figures from the financial and business sectors to manage sensitive international issues, with the goal of transforming foreign policy into a profitable investment platform.’
Article:
‘Ali Al-Alaq to Rudaw: The three-year budget included very large expenditures and a high deficit level’
Quote:
‘Al-Alaq stated that the project to remove zeros from the dinar is in progress and is being planned, noting the possibility of developments in this regard in the coming period.’
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Fnu Lnu
Article:
‘The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies a*****d of helping the Iranian regime evade US sanctions’
Hate to say it but…I TOLD YOU SO! Iraq is stepping over dollars to get to dimes. They are pirates at heart and insist on gaming the system. You’ll see the RV when they learn to play fair and stop cheating.
‘The Central Bank of Iraq (CBI) continues to maintain a managed exchange rate system, p*****g the dinar close to 1,300 IQD per US dollar to ensure economic stability and limit inflation. The International Monetary Fund (IMF), in its July 2025 Article IV review, projected this exchange rate to remain stable through 2025 and 2026 and commended Iraq’s ongoing monetary reforms but made no mention of any planned revaluation.’
There is no ‘secret plan’, no ‘In-country RV’, no appointments, no redemption centers, and no contract rates…There will be no RV in the immediate future / 1-2 years at best.
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Samson (KTFA)
Article:
‘THE MINISTER OF TRADE DISCUSSES WITH THE DIRECTOR-GENERAL OF THE WORLD TRADE ORGANIZATION THE STEPS FOR IRAQ’S ACCESSION TO THE ORGANIZATION’
Kaperoni
Just a reminder, Iraq continues to maintain Article XIV financial position within the IMF. That position may change soon as Iraq continues to state.. ‘Iraqi financial system is entering a phase of radical reform, which includes adherence to international standards, and will enhance international confidence qualifying it to be an active player in the global economy.’
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Walkingstick (KTFA)
[The CBI’s] Remittance 338 is rather significant for the monetary reform. It’s going to remove the parallel market but more so it will put an end to the auctions, the last place where the American dollar is being used inside of Iraq…It is the only leak left to plug.
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Jeff
Donald Trump clearly said we’re not leaving Iraq till we get paid…From mid-September rolling into October it’s all coming forward. You’re seeing evidence of that. You can’t make this stuff up. The evidence of the rate change is right in front of us. It’s just the critical data that walks us into when it might happen is being withheld from us. And that’s eating everybody up right now.
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