Clare: Iraq’s foreign currency reserves rise by more than three billion dollars
11/8/2025
The Central Bank announced on Saturday that its foreign currency reserves had increased by more than three billion dollars by the end of September.
The bank said in an official statistic seen by Shafaq News Agency that “foreign reserves at the Central Bank until the 30th of September of this year amounted to $98.155 billion, equivalent to 127.601 trillion Iraqi dinars, an increase of $3.514 billion compared to August, in which reserves amounted to $94.641 billion, or equivalent to 123.033 trillion dinars.”
He added that “these reserves also increased compared to July, when they amounted to $94.714 billion, equivalent to 123.128 trillion dinars.”
He also pointed out that “these reserves have decreased compared to last year, 2024, when they amounted to $100.276 billion, or the equivalent of 130.347 trillion dinars, and are lower than in 2023 when the reserves amounted to $111.736 billion, or the equivalent of 145.257 trillion dinars.” LINK
For Dinar – What you will see on Forex or CBI WHEN IT RVs
$ RATE = What you will see on Forex or CBI
$ .86 = 1.162
$ 1.00 = 1.000
$1.17 = 0.854
$1.86 = 0.537
$2.00 = 0.500
$2.50 = 0.400
$3.00 = 0.333
$3.22 = 0.310
$3.46 = 0.289
$3.50 = 0.285
$3.86 = 0.259
$4.00 = 0.250
$4.10 = 0.243
$4.40 = 0.227
$5.00 = 0.200
$5.25 = 0.190
$5.50 = 0.181
$6.00 = 0.166
$7.00 = 0142
$8.00 = 0.125
$8.25 = .0121
$8.50 = .0117
$9.00 = 0.111
$10.00=0.100
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 It’s not rocket science. The moment they lift your 3 zeros from your exchange rate, once they are deleted, it is an automatic flip of a switch electronically. [Iraq’s] system is set up to show that new exchange rate instantly. It will happen at the blink of an eye…Once that happens, it will be the signal to the Iraqi citizens it is now time to trust banks and bring in the 3 zero notes. If not, [Iraq citizens] lose their money…
Mnt Goat Will removing the zeros actually happen and we get the reinstatement in January 2026? I can only report on what they say and then bump it up with my CBI contact. Our next step is to wait and see what happens. Again, nobody is going to know the actual target date but we might be able to come close…
Frank26 I only showed you three numbers – 3.22, 3.86, 4.25…You may say, ‘Is that the exchange rate?’ That’s not giving you an exchange rate, it’s giving you a comprehensive study of what they said the float could do in order to reach the real effective exchange rate.
Gold Has Never Moved Like This Before, Why This Time Really Is Different | Michelle Makori
Miles Franklin Media: 11-7-2025
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, breaks down one of the most misunderstood eras in financial history – the 1970s gold boom and the 1980s collapse – and explains why today’s gold rally is rewriting history, not repeating it.
Michelle traces gold’s dramatic rise from $35 to $850 an ounce, the fall that followed under Paul Volcker and Ronald Reagan, and the key differences shaping the 2020s.
With inflation sticky, global debt soaring, and central banks buying gold instead of Treasuries, this isn’t a replay of the past.
In this episode of The Real Story:
Gold’s 2,300% surge in the 1970s and why it crashed in the 1980s
How the Volcker era restored faith in the dollar and crushed gold
The rise of the “Fed put” and the birth of modern financial markets
Why today’s Fed can’t repeat the 1980s playbook
How gold’s current rally reflects a global loss of trust in fiat money
https://www.youtube-nocookie.com/embed/Wtv0eM5xeyM?feature=oembed&enablejsapi=1
