Iraq now says it is waiting on Kurdistan to give them the go. Now that they are a few days away from leaving the control of Iran over their energy sector by March 8th.
They have become much more confident that their 2025 budget will benefit their economy since all revenue will now be counted in their domestic currency.
Which will give their currency more value. And they will become a economic powerhouse.
Not to mention Turkey confirmed Ceyhan Port is ready; and pipeline inspections are now completed and ready for operational usage.
And it was already stated that KRG must transfer oil to SOMO under new budget amendments. So we now know they are ready to go international at any time now. Forex market is about to get a new member on the trading block.
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man The Development Road project has global support and that is clear as day to me. What we see today, Iraq is ready for their revaluation of their currency. Why…? Inflation levels – low. Interest rates high globally, which is good, key. Economic performance of their GDP, which they’re going to grow, which is huge. Foreign investment and government policies in place for investors. And overall market sentiment. A countries currency is revalued when its economic strength is perceived right.
Frank26 Look at the 8 oil companies that do not want to start the flow of the oil. Ask yourself, why? IMO the answer is because the new exchange rate has not been revealed to them yet. Sudani protects it until he is ready…If and when the oil starts flowing, it should be with the same new exchange rate that is in the budget…This oil cannot flow at 1310. It’s literally impossible mathematically let alone financially…
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KTFA:
Clare: Owner of a “fake” exchange office arrested in Basra with about a quarter of a million dollars in his possession
3/6/2025
Basra Police Command announced on Thursday the arrest of the owner of a “fake” exchange office who smuggles dollars through remittances.
The command said in a statement received by Shafaq News Agency, “The arrest of the accused came after forming a specialized work team and setting up a tight ambush for him. A sum of money amounting to 235 thousand and 470 dollars, 112 million Iraqi dinars, and two phones containing details of the transfers were seized from him.”
She added, “The necessary legal measures were taken against him to complete his investigation papers.” LINK
BREAKING: The Demand for the IQD is Increasing Here’s Why
Edu Matrix: 3-6-2025
BREAKING: The Demand for the IQD is Increasing Here’s Why #iqd Iraq’s Development Road Project is set to revolutionize trade and boost the Iraqi Dinar (IQD) by increasing demand for the currency.
This $17 billion infrastructure project will connect the Gulf to Turkey and Europe, creating a faster, more cost-effective alternative to the Suez Canal.
As international businesses use the IQD for shipping and trade payments, its value is expected to rise due to the scarcity formula. Learn how this massive initiative will strengthen Iraq’s economy, attract foreign investment, and impact the future of the IQD.
https://www.youtube-nocookie.com/embed/5PxwWD902vk?feature=oembed&enablejsapi=1
Gold Strong as US Crypto Reserve Sparks Fear of Rigged Markets
Taylor Kenny: 3-6-2025
The U.S. Crypto Reserve was supposed to signal innovation—but instead, nearly half a trillion dollars vanished from the market.
“This looks like an intentional wealth transfer,” warns Taylor Kenney, as fears of manipulation grow. With debt skyrocketing and trust in fiat crumbling, where are investors turning?
https://www.youtube-nocookie.com/embed/fvrw4LgO9io?feature=oembed&enablejsapi=1
