Mountain GoatFolks according to what is happening now in Iraq and all the good news from the IMF I hardly can believe the news could be so good…you will find some amazing news coming our way…So, stay tuned. I do believe we are now getting VERY, VERY close to what we all wanted for so long.
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Yada (TNT)
…as long as they are resuming the flow of oil through Turkey, as was agreed today, the rate change will still be seen… we are truely at the manifestation stage.
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MarkZ
[via PDK]
My contacts in Iraq believe they will have an agreement next Tuesday or Wednesday on the cost of producing a barrel of oil of about $16 and they think we will get a new rate for the budget tables…that is hopeful. We will see… They have had these expectations before…but those expectations are high again.
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Two days in a row the parallel market is at 1397. That’s great news. The market…is so close to 1310. We’re headed in the right direction…Saleh is back on TV talking about the great job the CBI has done and says our parallel market would have already been equal to the official exchange rate of the CBI if not for tensions in the region…
FRANK: Slowly but surely the black market is disappearing…As it disappears we approach the 1 to 1 relationship with the American dollar which will lead you into a float.
So many events are coming into a collision and the explosion will be a new exchange rate IMO for the Iraqi dinar.
Question:
‘Are there any other currencies we should look at.’
Fnu LnuI just found out that SWIFT is to be converted over to Ripple Ledger and XRP bridge currency at 3 AM this morning 07/18/25 which may be a reason so many banks were in a panic all week. This in conjunction with the ISO-20022 mandate starting on the 14th meant the banks had their hands full all week long.
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George
[Bank story]
I don’t go in there and try to act like, ‘Oh, I know more about this that you do.’ Just establish a relationship and report. Then all of a sudden, man, they just turn the spigot on and sit back and watch them talk to you. But they will not yet talk about dinar…because it is not a sovereign currency yet. It is speculative investment. They’ll sing like a canary to some of you when it comes to the dong. They can’t talk about something that’s speculative because they don’t want to go on record and say something that doesn’t happen. They’re opening themselves to be liable.
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MilitiaMan
A lot of people are worn out and tired and they seem to think ‘we’ve heard this before‘…But you…aren’t fully up to date…the data is powerful. This is a complex issue with Iraq and the world. It’s not all about Iraq but it is about Iraq. They’re a key component into integrating into the international financial system.Clare (KTFA)
Article:
‘Wilson warns Al-Sudani: Don’t expose yourself to dire consequences, or we will freeze Iraqi oil funds.’
Quote:
‘Republican U.S. Representative Joe Wilson called on Thursday to prevent Iraq from using oil funds deposited at the Federal Reserve, as part of pressure on Iraqi Prime Minister Mohammed Shia al-Sudani to prevent attacks on foreign oil companies operating in the Kurdistan Region.’Source : dinarchronicles
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