Frank26 Please don’t trust nobody. Don’t let your dinar out of your sight. If they [the bank] tell you, ‘We’re going to take these dinar and we’re going to send them to another institution for them to count them, to make sure they are real.’ [Say] give me the address. I’ll take it to them. ‘No, they don’t allow the public to go there.‘ Okay, bye, bye. I’m going somewhere else to exchange them…
Militia Man Government plan is to promote and to move from an oil rent economy to the non-oil revenue streams that will come from the private sector. There’s no doubt Iraq is opening up to the world. The private sector is going to drive Iraq’s future growth levels to where we’ve never seen before. To me it’s, buckle up. This is getting really, really good…
Samson Article: ”Economist: The parallel market sells the dollar at a price not controlled by the government”
Nader I think between $2.50 and $2.84…I can see the end of the tunnel. I don’t know how far is that but I can see it so I’m excited about it…I’m happy for everybody who is going to make money of it, not only for Iraq, I’m happy for everybody…You guys invested in yourself and in Iraq in the same time…
Frank26 Sudani is waiting for the success of the budget in order to release the new exchange rate. That success will come when the laws are given to him…He wants to give you the budget [with] exchange rate…Nothing is going to stop Sudani anymore. That’s the beauty of what I’m seeing right now…All I care about is what Sudani is doing and it is phenomenal. I call Sudani, mini-Trump.
MarkZ [via PDK] There are a number of bond contacts who are looking to receive all of their dollars over the next week. We suddenly got off “stuck”. This means we could soon get our announcement…it could be today. Things just got very exciting on that front. They are taking massive amounts that were “off sheet” assets now going into the M1/M2 or spendable dollars to cover these assets. This is huge and I have never been this excited.
Sandy Ingram This is only important to us if and when it comes time to exchange our Iraqi dinar bank notes…We don’t want to end up like Zimbabwe and not have access to exchange options…When asked whether Iraq has a closed currency system the answer is yes and no. A closed currency is one that is not freely traded on international markets and is typically restricted to use within its issuing country…As of 2024 over a dozen countries maintain closed currency systems [Including the Indian Rupee, Zimbabwe, ZiG dollar and North Korean, Won]…The Iraqi dinar is not classified as a closed currency, however it might as well be. Iraq’s central bank has implemented specific foreign exchange controls and restrictions to stabilize its currency and prevent illicit financial activities.
Militia Man The private sector is here to stay for Iraq. Iraq’s population has doubled in the last two decades. There’s plenty of youth and now they will have plenty of opportunity with the private sector…They’re moving forward and they’re not stopping. It’s going to be more and more evident as we go because they are going to have to do what they said they were going to do – bring purchasing power to the people…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says he expects the roll out of the lower notes very soon. The Gazette is now talking about the digital formation world and they’re talking about the new and the old currency. It’s in the Gazette. The Gazette posted a digital law and this is essential to Iraq to go international outside its borders. This way to make it legal to enter the international world.
MarkZ [via PDK] Article: “British Newspaper: The Iraqi development road will compete with the Suez Canal” 12 % of global trade and 30% of global container traffic go through the Suez canal. And now a large percentage of the world’s wealth will soon be going through Iraq. This is huge. Iraq is becoming the crossroads of the middle east.
Mnt Goat Article: “AL-ALAQ: OUR CRITICAL POSITION IS VERY EXCELLENT”. I was told [by my CBI contact] that thanks to the well-studied and wise financial policies of Prime Minister Mohammed Shia al-Sudani’s government, the country’s monetary position has become very excellent…She confirmed the target for the Project to Delete the Zeros is still set for late December/early 2025…
