Mountain GoatWe can clearly see that Iraq is ready to reinstate their currency and go global with it. It could not be any clearer now. But first there is work to be done with Iran…my CBI contact has been relaying to me from my conference calls to Iraq and she was spot on! She said many times that, right now ‘it’s all about Iran.’
Any move on the part of the Central Bank of Iraq to restrict the citizens in the use of the dollar and more use of the dinar is yet another move towards monetary sovereignty for Iraq… Now they have ditched the dollar, the parallel market is done and they are going back to sole use of the Iraqi dinar as their main currency within the country. This is exactly how it was before the 2003 invasions and the hyperinflation conversion to the three zero notes and the use of the currency auctions (sole use of the US dollar to pay for imports). Yes, these days are almost over.
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MarkZ
[via PDK]
Question: What are we waiting for in Kurdistan.
MarkZ: I believe we are waiting for the oil and gas law.
Article:
‘The KRG (Kurdistan) has notified the US that they will only allow Baghdad 48 hours to make a decision regarding the issue of funding the Kurdistan regions cival servant employees salaries’
This is 48 hours from yesterday afternoon. This should force a conclusion for the oil and gas law…hopefully this week. We should get a decision within 48 hours… Lots of things appear to be aligning…
Article:
‘Trade confirms Iraqi exports will not be affected by new customs/duties’
A lot of people are wigging out about Trumps letter to Iraq about tariffs. The ministry of trade says it really doesn’t affect them…either their energy projects or economy…and they support the US decision to balance their trade imbalances…there are a lot of articles from various parliamentary members and economists about this saying they support the US.
______________________________________________________
Wolverine
[via Judy Byington]
I know, but can’t say anything…It’s coming soon.
______________________________________________________
Bruce (The Big Call)
[via WiserNow]
There is information from another redemption center leader over 8 redemption centers – in the United States, and he is saying that we should exchange by Thursday [7-10-25]…Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: They keep talking about what a great job we have done to narrow the gap between the parallel market and the official rate.
FIREFLY: Television says Trump is imposing 30% traffics on us here in Iraq.
FRANK: All you have to do is just raise the value of your currency you knuckleheads… Did you notice the tariffs he did put on you when he hit everybody else with tariffs was minuscule. But he’s sending out a bunch of letters now and you’re on that list. Why. Because you haven’t raised the value of your currency…As soon as you’re ready to come out and float and be part of the international world with some reality…and [Trump] will remove the 30%.Everything is really good right now. Everything is moving quickly…in the right direction. It’s like when you catch the wave surfing …You’re looking…looking…then all of a sudden…you find the right sweet spot and you ride it the rest of the way to the beach. That’s the way I feel right now. This monetary reform investment of ours, I feel like it’s smooth sailing to the beach right now…
______________________________________________________
MilitiaMan
We’ve yet to see the oil flow and nor have we seen the salaries yet. I believe there is an agreement for the oil and the cost of production they just haven’t exposed it yet. Why. Because all of these things are coming in together and they’re all going to be related to article 12 paragraph C. I think they’re all going to be exposed at the same time.
Article:
‘Trump flirts with Sudani with a message, then hits Iraq with 30% tariffs’
This is a contradictory article… pressure is being applied from the United States.
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Samson (KTFA)
Article:
‘Trump flirts with Sudan with a message… then hits Iraq with 30% tariffs!’
Article:
‘Trade: Iraq exempt from duties on direct oil exports to the US’
Quote:
‘The Ministry of Trade confirmed on Wednesday that Iraqi exports to the United States will not be affected by the new 30% customs tariffs…’Clare (KTFA)
Article:
‘Documented: Trump in a letter to al-Sudani: Iraq faces two choices’
Quote:
‘The United States of America announced the imposition of a 30% tariff on all Iraqi products imported into the United States, effective August 1, 2025…The letter hinted at the possibility of adjusting these tariffs, upwards or downwards, based on the relationship between the two countries, and if Iraq decides to ‘open its previously closed trade markets to the United States, and eliminate its tariffs and non-tariff policies and trade barriers.’
______________________________________________________
JeffThey already have tremendous security and stability which is the Central Banks’s minimum requirements to be eligible to revalue their currency…Israel and Iran have recently finished their war…Now that the war is done and they’ve reached a ceasefire agreement on that war, we’re no longer waiting on that step for the rate change. That’s now behind us…
______________________________________________________
PimpyWith Trump appearing to remove the grasp Iran has on Iraq, this will give Iraq a lot of room to grow without any interference whatsoever, Iraq just moving forward, continuing with the projects they have. Everything is looking very well for Iraq. I’m happy for them.
Source : dinarchronicles
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