MilitiaManWhen Iraq changed the value from 1450 to 1310, they just popped out and said, boom it’s done, no warning, they just did it effective immediately. They do it when they are going to do it. So, that’s why we are watching how far Iraq is, do they have all of their systems in place, electronic payments, cross border payments…it’s very complex.
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MarkZ
[via PDK]
Question: Do you think Iraqs rate will be higher than Kuwait’s when they finally revalue.
MarkZ: I think it will be higher. Sudani said they wanted it back to its former glory and to be the highest currency in the region and in the world….
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Mountain Goat…This is a critical time and could result in a reinstatement if all goes well. All the evidence shows us this is now inevitable, but when. Yes, that is the questions we all want to know…
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Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: Sudani says the banking reforms have become a model of commitment and trust…Every time we see him, we do feel better. The confidence in him is growing I will admit. Because he’s telling us every day he’s going to keep his promise…
FRANK: Sudani is not holding back…He comes straight out and he tells you as much as he can about the monetary reform without giving you the date or the rate. He tells you the monetary reform of Iraqi banks is about to give you your purchasing power…by lifting of the zeros from your exchange rate.If you look at the exchange rate it’s $.000867319, something like that this morning. If you lift the three zeros, every dinar is $.86.But the float will take it to at least a dollar. But they don’t want to be pegged with the dollar…so instead they will be paired with the American dollar.
Nobody knows when this is going to happen. But we’re very assured it’s going to happen. No body know the amount of what it’ll come out at do we. Yet everything they’re telling us kind of helps us to calculate it doesn’t it. Clare (KTFA)
Article:
‘Iraq is the first Arab country to buy gold’
Quote:
‘Salih, confirmed on Monday that Iraq has become the Arab world’s leading buyer of gold. He also noted that Iraq is working to localize the gold and jewelry industry within the country by launching the Global Gold City project…This city is expected to bring about a qualitative shift in regulating the gold and jewelry trade in Iraq in accordance with international standards,’
Article:
‘Double Win: US Forces Expected to Remain in Erbil Beyond 2026’
Quote:
‘Forbes magazine highlighted the vital role played by the Kurdistan Region in the war on terror, as US forces leave the federal provinces and relocate to Erbil’
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Pimpy
Everybody has their whackadoodle idea of what the deletion of the zeros are…What does that mean. If you look at your bank note…let’s say we’re talking about 25,000 Iraqi dinar note, if they delete the zeros, that means they take the three zeros off the nominal value of the bank note. If it’s 25,000 dinar, it then turns into 25 dinars and you have to swap your old notes for the new notes. Your 25,000 dinar all of a sudden becomes a 25 dinar. From there hopefully they’ll change the exchange rate. Let’s keep our fingers crossed they don’t delete the zeros. I don’t want them to delete the zeros…
Why do you have to go to multiple banks. You just go to one bank. I go to my bank, that’s it. I don’t have to go to multiple banks. One bank, deposit the currency, make the exchange.
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Fnu Lnu
Stars and Stripes Magazine Article:
‘The United States is currently in the process of reducing its troop presence and military mission in Iraq, but it is not conducting a complete or immediate withdrawal as of October 2025…The reduction in forces is described as a drawdown rather than a full exit, marking a shift in focus from direct combat to a longer-term security partnership with Iraq.’
The U.S. Military will never leave Iraq. The mission will change. Many troops (2000) are being relocated to Kurdistan for security against the Maliki / Iran financed rebels who have been severely curtailed…
Comment: Iraq is all talk and no action…they need to just do it.
MarkZ: I believe they are ready to instate a new value…we are painfully close. Walkingstick (KTFA)
They are pushing the monetary reform. They are educating the Iraqi citizens. But more than anything else Sudani is punching the Iraqi citizens right in the now with the truth of the monetary reform. It’s coming. They even gave them a countdown, a time frame. It’s coming.
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Sandy Ingram
Someone always comments…about being told they do not have to pay taxes on IQD investment profits. First thing you should know is tax evasion is i*****l. Tax avoidance is smart and is good and is accepted by the Department of Treasury IRS…Some of you are headed for a major downfall with this currency profit and taxation…You could be facing tax evasion charges because you believe someone on YouTube that told you, you didn’t have to pay taxes on your IQD profits. People go to jail for not reporting income. And it doesn’t matter what country you’re in or where your income came from. If you are a US taxpaying citizen, you must report all income on your tax return.
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Nader From The Mid East
I think it’s after the e******n. I say it and you guys get mad, that’s it, that’s the truth…When it goes digital, it will RV. That’s why I’m telling you after the e******n. I think $3.22.
Source : dinarchronicles
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