Now that you all got over that initial h**p of temporarily being down in the dumps. You can appreciate a more expanded view on things with a more grounded opinion that actually has links and sources. Something you all should value a lot more. This is one reason why I posted the 1st Iraqi Dinar Update. Because it was all opinion based with nothing to substantiate it. Which is something you should all welcome but also question. But you immediately went into reactionary mode. Something I have always told you not to do under any circumstances. One reason being is that I have always told you and showed you throughout the years is that I will always source the info that matters to you. I may not do it so much with the more conspiracy oriented topics. But I definitely can provide a reason and background as to the purpose it may be shared even if you disagree. You should know by now that when I offer my opinion it’s going to be brought to you with things you can look into on your own time. Never outsource your discernment to people you do not know. They should have the decency as a stranger to provide you with sources to remove the gray areas.
So shall we begin?
Surge in Foreign Investment Interest
Iraq’s recent economic strides have c****t the attention of global investors, setting the stage for a swift IQD revaluation following the Oil & Gas Law’s passage, as foreign capital inflows often necessitate a stronger, internationally accepted currency; for instance, on June 2, 2025, Bloomberg reported that major hedge funds, including BlackRock, have begun exploring Iraqi oil bonds, anticipating a 20% return post-law passage (https://www.bloomberg.com/news/articles/2025-06-02/blackrock-eyes-iraq-oil-bonds).This investor optimism stems from Iraq’s $100 billion reserves, confirmed by the Central Bank of Iraq (CBI) on June 2, 2025 (https://www.cbi.iq/news/view/2500), which provide a safety net for currency reform. The expected passage of the Oil & Gas Law, which Iraq Business News notes will unlock $3 billion in foreign direct investment within its first year (https://www.iraq-businessnews.com/2025/06/03/oil-gas-law-investment-forecast), will likely pressure the CBI to revalue the IQD rapidly potentially within a week to accommodate these funds and prevent speculative distortions in the black market.
Stabilization of Iraq’s Banking Sector
The stabilization of Iraq’s banking sector, a critical prerequisite for currency revaluation, has gained momentum in 2025, with reforms directly supporting a rapid IQD adjustment; the World Bank, in its June 2025 Iraq Economic Monitor, highlighted that non-performing loans in Iraqi banks dropped to 8% from 15% in 2024, thanks to stricter regulations (https://www.worldbank.org/en/country/iraq/publication/iraq-economic-monitor-june-2025).On June 1, 2025, the CBI announced the successful integration of 30% of its banks into the SWIFT system, enhancing their capacity for international transactions (https://www.cbi.iq/news/view/2499). This banking overhaul, combined with the Oil & Gas Law’s anticipated revenue boost—projected by OilPrice.com to add $2.5 billion monthly to Iraq’s coffers (https://oilprice.com/Energy/Crude-Oil/Iraq-Oil-Gas-Law-Revenue-Projections-2025.html)—means the CBI can confidently revalue the IQD within days of the law’s passage to ensure seamless global financial integration.
Regional Economic Pressures and Opportunities
The shifting regional dynamics in the Middle East, particularly Iran’s weakened position, create both pressure and opportunity for Iraq to revalue its currency swiftly; Iran’s oil production fell by 300,000 barrels per day in May 2025 after Israeli airstrikes, as per a June 2025 EIA report (https://www.eia.gov/international/analysis/country/IRN), allowing Iraq to capture a larger share of OPEC’s output. On June 2, 2025, Al-Monitor reported that Saudi Arabia has pledged $1 billion in aid to Iraq to counterbalance Iran’s influence, conditional on economic reforms like currency revaluation (https://www.al-monitor.com/originals/2025/06/saudi-aid-iraq-iran-counter). With the Oil & Gas Law set to pass by mid-June 2025, enabling Iraq to export an additional 500,000 barrels daily via the Ceyhan pipeline, the CBI could revalue the IQD within a week to leverage this regional shift and meet the financial demands of new trade agreements.
Iraqi Dinar Update, Questions and Answers
This was pulled from a more longer conversation about other things that took place over the last few weeks. So this is not some long drawn out debate. I just wanted you all to see what was said and why. This was a private chat between me and a couple of other people on a myriad of things. Some of them who were a part of this you may be familiar with. So there were other opinions that challenged the outlook of what or when this will occur. I will see if I can release that as well.
Q: Ok, Steve what about this? The Central Bank confirmed on Monday that liquidity is fully available, while indicating that reserves have exceeded $100 billion. Is that not a major hurdle that has been overcome? Is Iraq not ready to implement everything needed in order to have a new exchange rate this year?
A: Well mot quite. Here is my view. Many people overlook this aspect. Think about this for a second. readiness to implement a new exchange rate this year depends not only on ample reserves but also on broader factors such as economic stability, political consistency, and structural reforms, which Iraq is still addressing.
Q: Many people out there listen to a myriad of views concerning this investment. But I made it a point to mention only those I respect. Two of them being Dr. Kia Pruitt & Militia-Man. And they have solid arguments about this investment. But you have others like Majeed who recently surfaced. Nis info is very good. How do you view his content in regards to the timing of Iraq being positioned to release a new rate this year?
A: Well as you may know I am not online as much as you are. But I am familiar with certain figures. One being Frank26 who I know you had issues with before which resulted in you being kicked off the site. And thus which maybe pushed you to start a Twitter account. But Majeed is fairly new to me so I do not have a solid opinion. But I will say that in general I disagree with yhe timing of this year for various reasons.
Q: Ok, fair enough. But there are some other points I want to bring up. Because I know we are in a war with the D********e. And they have artificially suppressed the value of other currencies around the world in order to prop up the fiat USD. And the black market im Iraq thrives on a low value Dinar. How do you see this being removed?
A: The C***l suppression of global currencies, including the Iraqi Dinar, to bolster the fiat USD can be countered by Iraq implementing robust economic reforms and enhancing financial transparency to close the gap between official and black market exchange rates. Which is an ongoing effort.
Q: So you agree that this is basically the process unfolding now in regards to the present regime in Iraq that are filled with Iranian loyalist?
A: Transitioning to a stable monetary system, like a gold-backed currency or joining a regional economic alliance, could further reduce the black market’s influence and stabilize the Dinar’s value. But to your other point there is a movement to oust the regime that is forming outstanding of Najaf.
Q: Well I presume there is an official offensive forming given that will challenge the Iranian militias that basically answers to Nouri al-Maliki. But his 200 members security have been formally removed. So he really is on his last leg. He is one of the main reasons why Iraq has been held back for so long. What is one of the immediate things that you think will happen once he is gone?
A: Once Nouri al-Maliki is removed, one immediate outcome could be a power struggle as Iranian-backed militias, who relied on his influence, face challenges from rival factions seeking to fill the vacuum. This could lead to heightened tensions and a potential shift in Iraq’s political landscape, possibly weakening Iran’s grip on the country as new alliances form.
Q: So do you see this as an opportunity for things to speed up economic & financial reforms in the country that will help Iraq rejoin global markets with a new currency rate much sooner than the next 6 months to a year?