Nick Fleming RVGCR Intel Update June 12, 2025
Mountain Goat
So, again more…talk…about some $2 rate in the country of Iraq and rolling out the newer lower denominations. I can guarantee you that…There is NOT $2 rate in Iraq. They are still using the official CBI rate of 1320. This is also b******t about lower denominations being out in Kurdistan or elsewhere…Trust me, when the CBI does bring out the newer lower denominations, articles will proceed it in the news…My CBI contact has told me months ago that the news articles are already designed and ready to go, given the proper timing. It is not yet! It will not be and cannot be some secret information only told to a few. …I have a contact that works directly on this project to delete the zeros in the CBI and I would know if any new rate comes out.
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MarkZ
[via PDK]
Article:
‘Finance is heading to complete the budget schedules and parliamentary warning’
They are letting them know the budget schedules should be done in the next couple of days. I think we are about to see a culmination of things coming together.
So we have the Economic investment forum happening the same times as the 4th meeting with the WTO.
Article:
‘Preparation for the 4th meeting of the ascension to the world Trade organization’
This is a negotiation meeting. Iraq has met all their obligations. They are also expected to have an international rate with no sanctions or restrictions on the dinar. This is huge.
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Frank26 (KTFA)
Community comment:
‘There is a rate inside of Iraq, $1.21.’
To which I say, Bull [ka ka]. What are you s****d. You can go to the CBI website and see the rate is not $1.21…They would have to have a change in their market prices. To make such a statement that there’s a rate change inside of Iraq only, not outside…is nonsense…They would have to reprice everything in order to reflect the current situation, not 1310 value, which is what is reflected right now…you silly rabbit.
The CBI, through Asraflak, is teaching you the American dollar is going away and shrinking and the Iraqi dinar is gaining fast. Soon when it’s in position they wanted it to be I believe they will show you the exchange rate. They’re telling you this shrinking is getting to the point of 1 to 1 with the American dollar IMO. This is a good position for the dinar to go internationally…maybe about $1.25 IMO. Regardless the security and stability that was required by removing Iranian influence is among us. We are witnessing security in your country inside and out like it’s never been…We are witnessing history not just with the Iraqi dinar exchange rate but with other currencies as well all because of Donald Trump. He is literally changing the financial structure on this planet right before our eyes…
My broker has to file all that information [About dinar buyers] and send it to the US Treasury…They know who you are…And there’s also evil people and they know who you are. They’re coming after you. That’s more the institutional or government side. Be smart.
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Sandy Ingram
Iraq is on the Forex market… but not in the same way as major global currencies like the US dollar, Euro or British pound. The IQD is not freely convertible internationally. You can’t walk into a bank or forex platform in the United States or Europe and easily trade IQD. Most major Forex brokers do not list the Iraqi dinar for retail trading because it is a non-convertible restricted currency. Its trading is confined mainly to inside Iraq or in niche physical currency exchanges abroad, often for speculative purposes.
Compared to Iran, Iraq is a wealthy country with over $100 billion in foreign reserves. However, if the US doesn’t see the implementation of global standards in the banking sector and the exclusion of banks allowing US dollars to flow into Iran, the US could further tighten the flow of US dollars from Iraq’s Federal Reserve account. This would affect Iraq’s ability to function and cause deep fluctuations in the IQD exchange rate.
Fnu Lnu
The Dinar ‘OUTSIDE’ of Iraq is speculation currency and will retain its numerical denomination. That currency ONLY, is what will be exchanged for the revalued rate at face. All currency INSIDE the country will be swapped out for the new specie. 25000 note will become 25 dinars. 10,000 note will become 10 dinars. (Delete the Zeroes) This isn’t that hard…
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Pimpy
Community Comment:
‘ ‘In country’ and ‘out of Iraq’ are two different scenarios.’
What do you mean two different scenarios. No two different scenarios. Once you change the exchange rate it goes worldwide. There’s not two different scenarios period.
Name a country that has revalued their currency in which they keep all the zeros on there, never ever ever in the history of revaluing a currency…The Iraqi dinar from .00076 and increase it all the way to $3.22, you know what the increase is. 4,000% increase in value. Have you ever heard of any currency that has increased that much. Never.
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Walkingstick (KTFA)
Remember, the value of their currency is items [assets] tapped and items untapped. Therefore, it is far more than what they are registering…All resources in Iraq as whole whether they are mined or unmanned, tapped or untapped, oil and gas resources, all of this counts towards their reserves and towards the value of their currency.
Clare (KTFA)
Article:
‘The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.’
Quote:
‘The bank stated in official statistics, reviewed by Shafaq News Agency, that ‘the Central Bank’s foreign reserves as of May 22 of this year amounted to $98.83 billion, equivalent to 128.479 trillion Iraqi dinars, an increase from May 1, when reserves amounted to $97.943 billion, or the equivalent of 127.326 trillion dinars.’
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