Frank26 We need to wait till after EID to see what these reforms are all about. My prayer is that they are about a new exchange rate to make that budget work.
Militia Man They’ve been hammering security and stability at home. They’re non-stop talking about it. Saleh is openly talking about security and stability, sustainability, all of those things.
Pimpy What I think they’re really going to do first is delete the zeros with the project of the deletion of the zeros and then revalue the currency. I think what they’re waiting for is the working of the central bank digital currency before they make their change. There’s no sense in doing it more than once. If that’s the case well then we know that no changes or no revaluation of any real significance are going to come to the Iraqi dinar until after the Iraqi Central Bank digital currency is developed. What that means for people holding Iraqi dinar I’m not quite sure.
Sandy Ingram In January 2025 Iraq Business News conducted an online survey to gauge expectations regarding a potential revaluation of the Iraqi dinar…It revealed that among dinar speculators, there was a notable belief that President Trump’s return to office might influence the currency’s value. Remarkably, over half of the respondents anticipated the Iraqi dinar would revalue by at least 1000x within the first 100 days of Trump’s term. President Trump has neither taken action nor made statements supporting this theory more than two months into this period, despite various unfounded claims circulating online.
Frank26 Question: “Any news on lower denoms being out in Kurdistan?” No comment. I can tell you not in Kurdistan.
MarkZ [via PDK] Question: Do you think we will get to the end of this before Easter? MarkZ: Based on everything I am seeing…banker movement, bond movement etc…I think bond folks really are in their big week right now. My gut feeling is April is our month.
Fnu Lnu [Response to Guru Sandy possible RV IQD exchange rate post from 4-2-2025 below] Pennies will do nobody any good and will guarantee a bankruptcy. The average Dinar investor (majority of) hold ONE 25000 NOTE! This IS A FACT!
Above mentioned Post is below
Sandy Ingram [We] hope the IQD can reach the amount of pennies for one IQD. While this is not promised or guaranteed the IQD could soon increase above pennies to the dollar. Most…[dinarians] hold at least 1 million IQD banknotes. If the IQD were to increase to $0.10 per 1 IQD investors would make $100,000 in profits.
Clare Article: “Iraq is the least affected. Trump’s tariffs ignite global markets, and a price war is imminent.” Quote: “…Iraqi energy exports, including crude oil, are not included in these duties. Iraq currently exports between 7 and 8 million barrels of crude oil and its derivatives per month to the United States. These exports constitute the backbone of Iraqi exports and have not been affected by the recent customs measures …economic expert Mustafa Hantoush believes that Iraq will be the least affected by the tariffs imposed by US President Donald Trump on the world.”
Militia Man The Development Road Project, the train…into Turkey into Damascus from Iraq it’s going to be a big thing. It’s going to be a bid deal. And it’s going to be a global event. We’re watching it happen in real time. They are so much further advanced now than we’ve ever seen before. We didn’t see things like this in 2016 nor 2018 or even two years ago. We’ve seen what Al-Sudani has done to make it happen and he has the support of…Sustani and it sounds like he’s got the support of al-Sadr.
Frank26 IMO these next two months where they will be educating you [Iraqi citizens], they will let you hold them [lower notes] and see them and touch them and ask questions which is all part of the monetary reform education, the Asraflak that they’re doing right now, that’s how they defined it, monetary literacy and your new banking reform and international status and digitalization mechanism…
Mnt Goat …I do not believe for one second, they intend to use the US dollar anymore for trade in the near future, actually they just told us this recently, so we know its now a FACT. They told us they will be using their own currency – the digital dinar. If this ain’t a WOW! I don’t know what is…lol…But how can they do this without the IQD on FOREX…
MarkZ [via PDK] From a former parliament member “Parliament finance excludes sending budget tables within 2 months. That’s its value” In other words they are still hiding that value in the budget. This is similar to what we saw in Kuwait just before they RV’d. So I am hopeful this is not a delay and just them putting a smoke screen in front of our eyes.
Iraqi Dinar Gurus
