ABOUT THE NEWSLETTER:
April 29, 2025 Mnt Goat News Brief
Guten Tag everyone:
I have some WONDERFUL news for you today. Not the RV yet, but we see an increase in the value of the dinar. Iraq is excited and so should we.
GIVE A GIFT TO MNT GOAT
I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire. Here is the link below.
Since 2013, I have taken my own time from my gasthaus business to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to spend my time doing all this. My time is hard to find, as I have to hold down two formal jobs already due to COVID just to keep the business going. So, I do it out of charity and love with the understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. As I am saying this take time and is like a third job.
I recommend $10-$15 dollars a month or whatever you can afford. Do you realize I write eight (8) Newsletters every month. I have to investigate the news and try to pull out the FACTS, then pull off the articles from Iraqi news channels, translate them, talk to my contact in Iraq and then write and publish the Newsletter. Do you think perhaps a little gift might show some appreciation for all this hard work? Just asking…. Still only a hand full of readers help out each month. Enough said….. The future of the Newsletter depends upon you.
Let’s all try to chip in!
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James 1:5
But if any of you lacks wisdom, let him ask of God, who gives to all generously and without reproach, and it will be given to him.
More news….
THE THIRD ROUND OF NEGOTIATIONS BETWEEN IRAN AND THE UNITED STATES CONCLUDED IN MUSCAT
The third round of indirect negotiations between Iran and the United States ended today, Saturday, in Muscat .
Iranian television reported that “the third round of Iranian-American negotiations in Muscat has concluded,” stressing that “opinions were exchanged on the steps taken in a positive atmosphere.”
For his part, Iranian Foreign Ministry spokesman Esmail Baghaei confirmed in press statements in response to the possibility of the round continuing, that “the third round ended according to the agreed date .”
Omani Foreign Ministry: Iranian-US talks to resume with high-level meeting on May 3.
More news….
AL-SUDANI: IRAQ AND ITS PEOPLE ARE ON THE RIGHT PATH.
Prime Minister Mohammed Shia al-Sudani affirmed today, Monday, April 28, 2025, that Iraq and its people are on the right path.
A statement from the Prime Minister’s Office, received by Baghdad Today, stated that Al-Sudani “participated, on Monday, in a luncheon hosted in his honor by Sheikh Hussein Al-Hassan Al-Hasnawi, in the presence of a number of dignitaries from the Al-Hassan clan.”
The Prime Minister expressed his keenness to meet directly and engage in dialogue with all segments of society, stressing that “the clan is an important social component that represents a history of giving, supporting the state, and defending it.” Al-Sudani stressed that “Iraq possesses all the elements of progress and strength, including history, resources, and the brotherhood among its people in coexistence.”
STATUS OF THE RV
Where do I begin today with all the VERY GOOD news for this period. Lots of smiling faces. I am trying to keep this Status of the RV short and concise, but it is hard, as there is so much very good news to report to you. No, the RV has not yet happened. It is not yet over! Whoever is telling you this is an idiot. We have no word from the Central Bank of this move occurring or staged in the near future. The IQD is NOT yet trading on FOREX. Sorry, all you idiot intel gurus out there. You should all grow up and do your own diligence and research before coming out on your conference calls, YouTube and other social media with your nonsense.
Now, let’s get to the REAL news. Yes, no fantasies or lies, just the FACTS.
The first set of articles deal with the currency rise of the dinar over the dollar. Oh WOW! We should be all excited but please no knee-jerk reactions, at least not yet.
We should not get too excited over this news. This is not an RV. Instead, is said to be temporary and in the numerous articles today they tell you why. However, having said this, there is still great potential for an adjustment in the dinar rate and this is a good sign that the CBI is making progress with its currency reforms and its is kicking in. We witnessed so many banking and financial reforms in the past couple years. Also, I want to bring an article from the past (April 15th) to you once again telling us the black market (parallel market) may soon be completely gone come this June 2025. Why did they tell us this? They told us this because the remaining 5% of the cash payments for imports will be moved over also to the correspondent banks, as was the other 95% last December 2024. This will finally kill the remaining 5% of the black market. Hurrah, hurrah! This had to be done and the CBI told us this years ago. It is about to be reality,,,,,, finally! 😊 I just want everyone to note how many articles we read over this effort and now it is finally going to be done.
Todays news is mostly all about the dinar as it has posted steady gains against the dollar in the parallel market in recent days, reaching 144,350 dinars per $100 (1443) in Baghdad on Saturday, compared to around 150,000 dinars per 100 (1500) a month ago.
Why is this so important?
To totally control the dollar market is important for three main reasons:
1. The US Treasury has told the CBI they must de-dollarize and control the dollar first prior to any reinstatement (free use of the dinar globally). The US Treasury has to approve the reinstatment,
2. It will prevent the corrupt practices and funneling of money to terrorist organizations (Iran),
3. The most important reason to us as investors is that reforming away from the US dollar enables the implementation of Iraq’s own currency – the dinar in international trade. This is the part that will eventually lead to a high demand for the IQD as the WTO policies kick into effect (but not yet).
Now, I need everyone to understand something more about the news today. Iraq is excited and so should we be. I need you to see how volatile the dollar market is in Iraq. Yes, volatile right now and how it can change very suddenly when certain conditions effect it. Volatility means there can be sudden swings. But will the swings last? This is our concern and study for today. I believe the overall swing will be upward, then a large “pop”.
I am telling you this because the dinar situation can change very suddenly once the right policies are effective. This process is not going to take months or years more. Get it? Can you see it from today’s news?
Remember, we are still waiting for that second in-country “official” rate change by the CBI close to 1000 dinars per dollars, but the parallel market must be broken first and very close to the official rate. It is now at 1443 and needs to be at about 1000-1320. But this is not that far off. I personally believe this is not really the holdup but rather it is political and has all to do with Iran. We can see it now in the political news and how negotiations with Iran have causes, in part, this rise in the dinar. Then comes the Project to Delete the Zeros which, as we know, lays the groundwork for the reinstatement.
The articles tell us today that these recent swings will not last and are temporarily, however they also tell us that the overall trend is going to be upward. This is the groundwork being laid so they will be permanent in the near future. You see, it is going to be a cumulative effect of many reforms that will finally completely break the black market on the dollar, then we will see a sudden rise in the dinar. The key word is “completely”.
This is going to happen suddenly and when you least expect it. They are almost there now. The icing on the cake (the final straw) is said to be in June. So, here are a couple articles from today’s news that may help you understand what is really going on. I suggest you go re-read that article from June.
😊The first article is titled “THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES.” The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national currency. Oh… did they say US-Iranian relations had an impact? All I can say is “I told you so”. Why else do I spend so much of my time putting together the Political Section of my Newsletter for you? You do want to understand what the holdup is, don’t you? What do I keep telling you? It is all about politics as we all should know by now that the dinar rate is being artificially suppressed due to the political forces who want Iraq to first conform to their globalist policies. You can read it all here in this article for yourself. I am not making this stuff up.
😊So, here is yet another article titled “WHAT ARE THE REASONS FOR THE DECLINE IN THE DOLLAR EXCHANGE RATE AGAINST THE IRAQI DINAR?”. On Thursday, April 24, 2025, Professor of International Economics Nawar Al-Saadi revealed the reasons for the decline in the exchange rate of the US dollar against the Iraqi dinar in local markets.
😊Here is yet another recent article on this subject matter. It is titled “PM ECONOMIC ADVISOR: TRAVELERS’ E-PAYMENTS FUEL IRAQI DINAR RISE”. It reviews some of the same reasons for the sudden rise in the dinar.
To sum it all up, we hear that that the improvement in the Iraqi dinar’s exchange rate against the dollar in local markets is due to the central bank’s recent policies in six areas of concern. I keep telling everyone there is not any one event that is going to get us the RV but the efforts of many reforms. Get it? It is the cumulative effect of many reforms that will finally break the suppression of the rate and force it to go global. This is important to understand.
There are factors that the articles identify in today’s news including: financial reserves, dollar flow, stabilization, productive sectors, global pressure and electronic cards. We have read many articles about the reform efforts in each of these areas. Here is a short summary of each from the news:
- financial reserves
He added that the country’s massive financial reserves are one of the main reasons behind the improvement in the value of the dinar against the dollar, and we expect the dinar’s value to continue to improve in the coming period. He pointed out that the Central Bank of Iraq is working to consolidate the national currency by adopting policies that are consistent with Iraq’s financial capabilities and the requirements of the national economy.
- dollar flow
On the monetary policy side, the Central Bank has taken strict measures, including restricting the flow of dollars through auction platforms and imposing strict oversight on banks.
- stabilization
While effective in achieving short-term stability, remain subject to several risks. The Iraqi economy’s dependence on oil revenues makes it hostage to global market fluctuations.
- productive sectors
Sustainability of this improvement requires structural reforms, starting with diversifying the economic base and reducing dependence on oil)
- global pressure
The opening up between the United States and the Islamic Republic has eased global pressure on remittances to Iran, reducing demand for the dollar in local markets and strengthening the value of the national currency.
- electronic cards
The importance of the Central Bank of Iraq taking action to reach an agreement with the United States and establish an official platform for transactions by creating an electronic payment card for use in Iran, Russia, and other sanctioned countries. This would reduce demand for dollars.
- Trump’s policies
The economic policies (politics) recently adopted by the US administration, most notably the imposition of tariffs on a number of goods and its relations with Iran.
So, here is yet another article from today’s new about the decline of the dollar and a reason why. It is titled “PM ECONOMIC ADVISOR: TRAVELERS’ E-PAYMENTS FUEL IRAQI DINAR RISE”. Iraq’s dinar continues to strengthen against the US dollar, fueled by a shift toward electronic payments and tighter foreign trade financing, Saleh attributed the currency’s recent strength to a drop in physical dollar demand, driven by expanded use of electronic payment cards, particularly among travelers.
Travelers now access dollar allocations legally through airport facilities, reducing reliance on the parallel market,” he also noted, adding that private-sector trade transactions conducted through correspondent banks at the official rate of 1,320 dinars per dollar have reinforced market stability.
Saleh further credited the Central Bank of Iraq’s recent reforms—including the dismantling of the old payment platform and the launch of compliance-based mechanisms—with reducing cash dollar demand in secondary markets. “These steps have made official payment channels more flexible and cost-effective, marking a major achievement for monetary stability and regulatory oversight.” The dinar has posted steady gains in recent days.
What else is in the news?
😊I want to bring your attention to the news about EBRD in article titled “EBRD ENABLES EXPANSION INTO IRAQ”. Why would they want to do this? Articles like this one only reinforce what we already know about the future of Iraq. It is going to be a financial powerhouse. 😊 Could this also help in full accession to the WTO? Of course it will. What do you think? 😊 Just yet another event where we shake our heads and ask – where is the RV? So, what is the EBRD and why so important for Iraq?
The European Bank for Reconstruction and Development (EBRD) has amended its statutes, enabling it to expand operations into sub-Saharan Africa and Iraq.
According to a statement from the bank, this pivotal change redefines the Bank’s geographic remit and follows approval by its Board of Governors in 2023. The amendment will formally take effect in three months. The move sets the stage for Iraq to become a full country of operation, alongside several sub-Saharan nations. Iraq, along with Benin, Côte d’Ivoire, and Nigeria, has already joined as a shareholder, while Senegal, Kenya, and Ghana are currently undergoing the membership process.
It paves the way for our governors to grant recipient status to countries in sub-Saharan Africa and Iraq, which will enable us to start operations in our first countries in the region.” The EBRD currently has 75 national shareholders, in addition to the European Union and the European Investment Bank. WOW! This is all related to Iraq getting back on the global stage.
😊In this same regard is article titled “IRAQ STOCK EXCHANGE TO JOIN TABADUL DIGITAL TRADING PLATFORM” The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul. The signing ceremony was held at ADX headquarters on Tuesday.
These two last articles reflect yet more effort on the Stock Market. If you recall this is one of the vital Pillars of Financial Reform and will pave the way back to FOREX.
Clarity on the VISA and Mastercard saga:
Next, I want to bring news about the Iraqi VISA and Mastercard saga. What is the importance of these cards? There are two articles in today’s news concerning the management of these cards. If you recall for these cards, once the CBI began the de-dollarization effort, quickly became a source of withdrawing cash in dollars from the cards and funneling the dollars to Iran. Not good! The Iranian loyalist inside Iraq will do anything to be loyal to Iran. This had to be stopped as part of the money laundering schemes yet travelers still needed the cards as well as in country Iraqis for electronic payment options. The CBI had to find a solution and did find one. These next two articles are about the solutions and when they kick into effect. This is important for Iraq for establishing how they handle money internationally so pay attention.
😊The first article titled “CENTRAL BANK: VISA AND MASTERCARD CARD ISSUE ABROAD TO BE RESOLVED NEXT MONTH” tells us the Central Bank Governor Al-Alaq announced on Saturday that the issue of Visa and MasterCard cards abroad will be resolved within the next month. He explained, “When we headed to organize this process, it required a set of procedures that must be worked on, so that we put it in its correct direction and according to acceptable standards, and therefore there were some stops and some changes in the paths.”
Al-Alaq said, “An agreement was reached with all concerned parties – which include “Visa” and “MasterCard” in coordination with the Treasury, the Federal Reserve, and the auditing company – on “the formulas and paths for settling these cards,” stressing that “the Central Bank has taken rapid steps in this regard, expecting to complete this task within the next month, i.e. before the scheduled date for this process, which is June 1.”
Just so you realize they are NOT using these cards with the “new” RV rate. If anyone tells you this they are crazy people and lying to you. If these cards are used outside Iraq they use the same “official” rate of the CBI if they want to pay for goods in any other foreign country. This is why the link back to the CBI is on FOREX. Get it? It is the same like if you use a US charge card in Germany. The card will take your U.S. Dollar limit and convert it to Euros. Euros will pay the merchant…simple. The cards can never have a special rate on them. The rate comes from the CBI. So, let’s stop all this nonsense about these cards and having a new RV rate on them. This is so ridiculous it is even scary that anyone would even believe this crap, but these idiot intel gurus (like TNT Tony and Bruce) are telling you this. Yes, very sad with all the lies.
😊The other article on this topic of VISA and Mastercard is titled “THE CENTRAL BANK SETS A DATE FOR OPENING A NEW BANK IN THE US AND RESOLVING THE VISA AND MASTERCARD CRISIS.” The Central Bank Governor Ali Al-Alaq confirmed on Saturday (April 26, 2025) that an agreement had been reached to open another bank in the United States to establish relations with Iraqi banks in money transfer operations. “The Central Bank aims to resolve the problem of Visa and MasterCard cards abroad within the next month,” noting that “a plan has begun to be developed to issue cards specifically for small merchants.” The Iraqi banking sector faces challenges in international transactions, particularly regarding the use of electronic payment cards abroad, due to regulatory restrictions and global financial compliance requirements.
Please watch the news when US Treasury secretary Bessent talks. When he talks, I listen! he is giving clues almost every day as to what is about to happen and where they are going with creating the “level playing field” for currencies.
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What can we as investors do right now?
- Pray and pray that nothing will mess this up….
- Be very patient….
- Do not sell your dinar….
- No more intel guru talk….
- No more NESARA / GESARA crazy talk
- Stop listening to all these idiots as they are only confusing you more and more (especially TNT and “The Big Call” idiots.)
- Don’t over speculate and set unjustified expectations
Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!
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These prophecies are more important now than ever. They give us the strength, perseverance and hope that a better time is coming and that God’s Hand is at work behind the scenes. If you just take a second even to look around you at this past election cycle how ca you deny that God is at work. It is amazing and there is no other way that these events could have happened the way they turned out. But there is more to come, much more! Now that God has his biblical David re-elected we need to pay attention to what He does next.
God told us it will be an “hypnotic November” and turbulent until next June 2025 and so, isn’t it? Was He lying to us? Remember that these globalist have had it too good for too long and are not just going to lay down and let themselves be destroyed. They are going to fight until the very end. If all else fails the will get more and more desperate to overcome the good trying to rebuild and free our nation.
These prophecies today are powerful and I encourage everyone to listen carefully to them. Is there a connection to getting our long-awaited RV? Of course there is, and if you can’t see it yet then just wait and it will become more and more obvious to you how the crooked run U.S. administrations have corrupted Iraq and held it hostage since the 1991 and 2003 wars with the Bush, Obama and Biden administrations. But this control too is going to end and God is going to finally FREE the Iraqi people again.
NOTE: These prophecies just keep getting better and better, giving us HOPE of a bright future. But the real reason why I listen to them is that we can actually see what God says He will do taking place right in front of our noses. It is a confirmation to me that God is real and is still with us forever just as in biblical times.
From God to the PROPHET: Julie Green
“I The Lord, Have Heard Every Cry- Restoration Is Just Around the Corner”
Prophecy can be found at the 19:47 mark. From April 23th. ”
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HOW DO WE KILL THE GIANTS OF DEBT, SOCIALISM AND SECULARISM?
Please, please listen VERY carefully to this prophecy. I cannot emphasize enough to spend the time to watch this one – “The Big E”. I am not saying its going to take 6-7 years to get the RV, but that the RV is part of the process along the way and will happen in the process of the prophecy fulfillment.
Do you remember these prophecies from 2007? This is our time now to fulfill these prophecies. So, let’s take a step back and rewind to review them. Then watch to see if Trump does orchestrate their fulfillment. I also believe this wiping out the debt is related to the new energy sources that are coming. In the meantime, the US will work at bringing down the cost of energy. But I believe this will only be a temporary measure until these new sources come.
Folks, I know you may be having a hard time seeing this, but all of this goes hand-in-hand with what we are looking for… the RV of the Iraqi dinar.
This prophecy is especially important and coincides with the more recent Feb 9th prophecy from Julie Green. Did you listen to it? WOW!
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PROPHECIES FULFILLED: How do we engage the prophecies? Are they really a voice from God? So, as we listen and time passes, we step back and analyze what happened and compare to the prophetic words spoken.
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TREASURY SECRETARY BESSENT JUST REVEALED THE USA’S GRAND MASTERPLAN TO BALANCE THE GLOBAL FINANCIAL SYSTEM
How is all this related to the RV? Do you want to know how the Iraqi dinar fits into the total plan? Bessent talking about the balance in the financial system folks! Did my CBI contact not tell us the RV was going to be used to infuse lots of liquidity into the system but only under a balanced” system. I couldn’t hardly believe that he even used these exact terms. To me putting currencies on a “level playing field” is part of the balancing process. Bessent even mentions this in this speech and interview below. Go figure! Everyone should take the time to listen to these videos today. Folks, this is the plan. Yes, everyone always wants to know what is holding up the RV, well here you have it folks. This is part of it.
This Is Treasury Secretary Bessent’s Most Important Interview Yet.
SANTA KLAUS “SCHWABBIE” IS FINALLY GOING TO GET WHAT IS COMING TO HIM FOR ALL HIS CORRUPTION!
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IS THE NEWS MEDIA FINALLY ADMITTING YEARS OF MISTAKES IN “FAKE” NEWS?
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ARE YOU SICK AND TIRED OF ALL THE LIES ABOUT THE TRUMP’S TARIFFS?
Do you want to know the TRUTH? Yes, there is a long-term plan. It is not chaotic.
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TRUMP’S 1988 PREDICTION ABOUT BIDEN AND OTHER THINGS CAME ABOUT
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HOW KLAUS SCHWAB USING THE WORLD ECONOMIC FORUM AS HIS STAGE, IS DAMAGING BRITAIN – by GODFREY BLOOM
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WHO REALLY RULES THE UK TODAY ANYWAY?
Seems we have been asking this question too in the US during the last 4 years? Could this be a global conspiracy….????
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IS BRIGITTE MACRON REALLY A MAN?: ONE COINCIDENCE TOO MANY
Please go watch a four part series sponsored by Candice Owens on what she found to answer this question. First of all why would anyone even ask this question.
You can visit the Mnt Goat Archives April 10th Newsletter here to continue watching the entire series of FACTS. Remember just because the deep state establishes a personality to use does not mean it is the background of the person in question. In other words, Brigitte’s past may be the past of someone else and just used to establish her/his credibility. The “official” records show Brigitte had a prior marriage and two children. No one is questioning these facts but they are actually talking about another person not Brigitte. You see, they take on the personality of someone else. They even photo shop pictures. They are good at this. However, they are getting caught now and the game is over. Just like in the U.S. with Clintons and Obamas they need to use the family structure to get into the hearts of the citizens to vote for them. Folks, it is all a lie and facade.
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Pray, Pray, Pray & Pray some more!
Please try to remember to pray each and every day. In Hebrews 11:6, it underscores this principle of why we pray: “But without faith it is impossible to please Him, for he who comes to God must believe that He is, and that He is a rewarder of those who diligently seek Him.”
You don’t have to be Catholic to pray….lol..lol.. As a Christian, praying the rosaries for me is my way to pray and has had a significant impact on my life and focus during this Easter season and throughout the year. I find it is good to remember the Stations of the Cross during lent and what our savior did for us. In know many of you may not be Catholics or even Christians but try to take a different approach this Easter. Try to see what all the fuss is about Christ. Put yourself in Christ shoes (or should I say sandals) as an ordinary person in today’s world. You can quickly see that the nature of man has not changed very much and if Christ were born today, many would probably try to crucify him. Have we not learned anything?
We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. Let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?
Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:
THE 25,000 DENOMINATION ACCOUNTS FOR THE LARGEST SHARE OF BANKNOTES IN IRAQ
Revealed by the economic expert Manar Al-Abidi Today, Sunday, the 25,000 category still accounts for the largest proportion of banknotes in Iraq.
Al-Obaidi mentioned in a post on Facebook the number of banknotes issued by the Central Bank during January 2025 amounted to 6 billion banknotes, with a value of 100.3 trillion Iraqi dinars, an increase of 4.7% compared to January 2022, when the number of banknotes issued amounted to 5.7 billion banknotes, with a value of 78.2 trillion dinars.
He added that the largest increase was in the 50,000 denomination, which saw a 167% increase in circulation to 792 million banknotes, compared to 295 million banknotes issued in January 2022.
The 5,000 dinar denomination saw a 22% decrease in circulation to 754 million banknotes, compared to 973 million in January 2022.
The 10,000 dinar denomination also decreased by 10%, as did the 25,000 dinar denomination, which decreased by 1.65%.
F.Y.I. according to Al-Obaidi, the 25,000 dinar denomination still accounts for the largest share of banknotes, accounting for 32%, followed by the 10,000 dinar denomination at 13.5%, and the 250 dinar denomination at 13.44%.
The number of banknotes issued by the Central Bank during January 2025 reached 6 one billion banknotes were worth 100. 4 One trillion Iraqi dinars is up by the percentage of 3 5 % of January 2022 which were the banknotes issued by 7 7 One billion papers worth 78 2 Trillion Dinars
The biggest increase was in the 50 thousand category, whose numbers rose by 167% to reach 792 million banknotes against 295 million banknotes issued in January 2, 2022
As for 5 thousand dinars, export numbers decreased by 22% to 754 million papers against 973 million papers in January 2022
The number of papers from the 10 thousand category decreased by 10%, as well as from the 25 thousand category, which decreased by 1 65%
The 25 thousand category still occupies the largest percentage of the number of banknotes, at a percentage of 32%, followed by the category of 10 thousand dinars at 13. 5 % Then the 250 dinars category is 13. 44%
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THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES.
The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors. Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national currency.
Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad, said that the improvement in the Iraqi dinar’s exchange rate against the dollar in local markets is due to the central bank’s recent policy.
financial reserves
He added that the country’s massive financial reserves are one of the main reasons behind the improvement in the value of the dinar against the dollar, and we expect the dinar’s value to continue to improve in the coming period. He pointed out that the Central Bank of Iraq is working to consolidate the national currency by adopting policies that are consistent with Iraq’s financial capabilities and the requirements of the national economy.
dollar flow
Dr. Nabil Al-Abadi said: “The past few days have witnessed a significant improvement in the exchange rate of the dinar against the dollar, which is the result of a combination of internal and external factors. On the monetary policy side, the Central Bank has taken strict measures, including restricting the flow of dollars through auction platforms and imposing strict oversight on banks. It has also raised the interest rate on dinar deposits, which has stimulated the transfer of some cash liquidity. External factors, such as the improvement in oil prices and the accompanying increase in foreign reserves, have also contributed to this improvement.”
Stabilization
He added that these measures, while effective in achieving short-term stability, remain subject to several risks. The Iraqi economy’s dependence on oil revenues makes it hostage to global market fluctuations. Furthermore, some austerity measures, such as import restrictions, could negatively impact citizens’ purchasing power if they are not accompanied by policies that support local production.
productive sectors
He stated that ensuring the sustainability of this improvement requires structural reforms, starting with diversifying the economic base and reducing dependence on oil, through developing productive sectors such as agriculture and industry. This also requires a comprehensive overhaul of the banking system and simplifying customs procedures to boost non-oil exports, as well as enhancing investment confidence through stabilizing legislative policies.
He stated that improving the exchange rate is not an end in itself, but rather must be a starting point for deeper economic reform. International experience demonstrates that sustainable monetary stability can only be achieved through a productive economy capable of confronting external shocks.
global pressure
Financial expert Dr. Mustafa Akram emphasized that while there is a reason for the gap between the official exchange rate and the parallel exchange rate of the dinar against the dollar, the gap has its causes. He pointed out that the opening up between the United States and the Islamic Republic has eased global pressure on remittances to Iran, reducing demand for the dollar in local markets and strengthening the value of the national currency. This coincides with ample supply from the Central Bank in the form of remittances and other forms of financing, which necessitates strengthening this phase.
electronic card
He pointed out the importance of the Central Bank of Iraq taking action to reach an agreement with the United States and establish an official platform for transactions by creating an electronic payment card for use in Iran, Russia, and other sanctioned countries. This would reduce demand for dollars, he noted, noting that this would serve small traders and travelers, address many problems, reduce smuggling and illegal trade, and increase the value of the local currency.
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PM ECONOMIC ADVISOR: TRAVELERS’ E-PAYMENTS FUEL IRAQI DINAR RISE
Iraq’s dinar continues to strengthen against the US dollar, fueled by a shift toward electronic payments and tighter foreign trade financing, Prime Minister’s economic advisor Mudhhir Mohammed Saleh disclosed on Saturday.
Speaking to Shafaq News Agency, Saleh attributed the currency’s recent strength to a drop in physical dollar demand, driven by expanded use of electronic payment cards, particularly among travelers. “No genuine economic foundation is without the law of supply and demand, including currency markets.”
Travelers now access dollar allocations legally through airport facilities, reducing reliance on the parallel market,” he noted, adding that private-sector trade transactions conducted through correspondent banks at the official rate of 1,320 dinars per dollar have reinforced market stability.
Saleh further credited the Central Bank of Iraq’s recent reforms—including the dismantling of the old payment platform and the launch of compliance-based mechanisms—with reducing cash dollar demand in secondary markets. “These steps have made official payment channels more flexible and cost-effective, marking a major achievement for monetary stability and regulatory oversight.” The dinar has posted steady gains in recent days, reaching 144,350 dinars per $100 in Baghdad on Saturday, compared to around 150,000 dinars a month ago.
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WHAT ARE THE REASONS FOR THE DECLINE IN THE DOLLAR EXCHANGE RATE AGAINST THE IRAQI DINAR?
On Thursday, April 24, 2025, Professor of International Economics Nawar Al-Saadi revealed the reasons for the decline in the exchange rate of the US dollar against the Iraqi dinar in local markets.
Local stock exchanges in the capital, Baghdad, witnessed a rise in the value of the dinar at closing this afternoon, with the selling price reaching 145,500 dinars per $100, and the buying price reaching 143,500 dinars per $100.
The dollar exchange rate in Iraqi markets rose significantly in the fall of 2024, exceeding 1,550 dinars per dollar, or 155,000 dinars per $100, in some areas.
(Just so you know this is not a rise in the value, as the article says. If the amount of dinars per dollar increases then the value of the dinar decreases.)
TRUMP’S POLICIES
Al-Saadi told Al-Jabal, “The current decline in the US dollar’s exchange rate cannot be isolated from the global economic and political context, which is undergoing profound transformations. The United States has been facing negative economic indicators for some time, including slowing growth and declining retail sales data, which has reinforced market expectations that the Federal Reserve may move to cut interest rates in the coming period. This trend, by its nature, weakens the dollar’s attractiveness as a savings and investment currency and increases pressure on it in foreign exchange markets.”
He added, “Furthermore, the economic policies recently adopted by the US administration, most notably the imposition of tariffs on a number of goods, have contributed to raising import costs and increasing inflation rates, which has negatively impacted investor confidence in the performance of the US economy in the medium term.”
He continued: “In addition to internal factors, there are also global shifts that are gradually beginning to impact the dollar’s standing,” noting that “the accelerating trend by some international powers, such as the BRICS countries, toward reducing reliance on the dollar in trade and financial transactions reflects the beginning of the erosion of the monopoly position the dollar has enjoyed for decades. These multipolar policies are beginning to have a clear impact on the balance of monetary power worldwide.”
INTERNAL FACTORS
Regarding the situation in Iraq, according to the expert, “The recent decline in the dollar exchange rate is due to a decline in local demand during Ramadan, when commercial activity and travel decrease, leading to a temporary decline in demand for hard currency. However, this decline is not sustainable, and the dollar is likely to rise again when demand returns to normal levels, especially with the approach of the summer import seasons, or if obstacles arise in the flow of foreign currency into the Iraqi market.”
The professor of international economics concluded his remarks by saying, “The decline in the dollar exchange rate we are seeing reflects a state of economic anxiety and uncertainty rather than a long-term strategic shift.” Al-Saadi stated that “the dollar will not easily lose its global standing, but it is no longer the unrivaled currency, and the world is gradually moving toward new monetary balances that will have profound repercussions for developing economies, including Iraq.”
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FUAD HUSSEIN HOLDS MEETINGS WITH US OFFICIALS IN WASHINGTON.
US State Department spokeswoman Tammy Bruce announced that Iraqi Foreign Minister Fuad Hussein will hold meetings with US officials in Washington, D.C., on Friday.
Bruce added, during a press conference, that Fuad Hussein will be at the Foreign Ministry on Friday to “hold several meetings,” noting that she will participate in one of them.
She noted that she had “no details to provide” about those meetings, but explained that the ministry would issue “media summaries, and there will be some information about those meetings.”
The Iraqi Foreign Minister announced, in a post on the X platform, his departure for the United States to hold “a series of bilateral meetings to strengthen Iraqi-American relations and coordinate efforts on regional and international issues.”
The meetings will also discuss “ways to enhance common security and cooperation in various fields.”
A US congressional delegation visited Baghdad in mid-April, and during their meeting with Prime Minister Mohammed Shia al-Sudani, they emphasized “the importance of the relationship with Iraq as a key partner in the Middle East.”
In its meeting with Parliament Speaker Mahmoud al-Mashhadani, the delegation reiterated its country’s “commitment” to continuing to support Iraq and strengthening the strategic partnership between the two sides. It also emphasized the US Congress’s “keenness” to maintain effective communication with Iraqi leaders to work together for a better future for both countries.
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WASHINGTON APPOINTS THE “BEST MAN” FOR TECHNICAL NEGOTIATIONS WITH IRAN NEXT SATURDAY.
The administration of US President Donald Trump appointed on Thursday senior State Department official Michael Anton to lead the US team in the technical negotiations between Iran and the United States scheduled for next Saturday in Amman.
Politico reported that Anton, the State Department’s director of policy planning, will lead a team of about a dozen people, mostly career officials from across the government, to hammer out the details of an agreement that would impose significant restrictions on Iran’s nuclear program in exchange for sanctions relief.
He worked with Trump before.
This increasingly infntial administration official served on the National Security Council during the first Trump administration and then served as a fellow at the conservative Claremont Institute.
However, he has not announced any public position on the Iranian issue, which has long sparked intense and divisive controversy in Washington.
A US administration official described him as the ideal person for the position, given his experience and acumen. He added, “More importantly, he will ensure the implementation of Trump’s agenda on this issue.”
Secretary of State Marco Rubio announced in an interview with the Free Press yesterday that Washington is seeking an arrangement that would allow Iran to import enriched uranium fuel from abroad, so it can develop a civilian nuclear program.
Meanwhile, US Special Envoy to the Middle East Steve Witkoff previously spoke of the possibility of allowing Tehran to enrich uranium to 3.67 percent, the level stipulated in the 2015 nuclear agreement.
It’s worth noting that during his first term in 2018, Trump withdrew from the 2015 agreement and reimposed harsh sanctions on Tehran, which remained committed to the agreement for a year afterward before beginning to reverse its commitments. At the time, he described the nuclear agreement, concluded under his predecessor, Barack Obama, as “the worst deal ever negotiated” with Iran.
Meanwhile, the International Atomic Energy Agency (IAEA) stated in its latest report, issued last February, that Tehran possesses 274.8 kg of uranium enriched to 60%, far exceeding the 3.67% limit set by the 2015 agreement, bringing it closer to the 90% threshold required for use in nuclear weapons.
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IRAQ STOCK EXCHANGE TO JOIN TABADUL DIGITAL TRADING PLATFORM
The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul.
The signing ceremony was held at ADX headquarters on Tuesday.
The agreement follows a preliminary accord announced in January, aimed at enhancing cooperation between the capital markets of Iraq and the UAE. The partnership will focus on technology, innovation, post-trade systems, and the exchange of best practices.
By joining Tabadul, Iraq becomes the platform’s ninth member, enabling seamless cross-border trading between Iraqi and Emirati investors and brokers. The platform allows remote market access and supports participation in IPOs across member exchanges, broadening investment horizons.
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ELECTRONIC PAYMENT: A WHITE REVOLUTION AGAINST RED TAPE AND CORRUPTION
With the digital transformation sweeping across the world, electronic payment has become an essential tool for achieving transparency and enhancing economic efficiency.
In Iraq, the transition to digital payment systems is accelerating. This shift has become an urgent necessity to improve financial services and reduce reliance on cash transactions. Dr. Safad Al-Shammari, Chairman of the Baghdad Foundation for Digital Communication and Media, believes that electronic payment is not merely a technical option, but rather “a fundamental gateway to restructuring the economy and achieving development.” He noted that “adopting this mechanism will reduce reliance on paper money and limit administrative and financial corruption by documenting transactions digitally, making them difficult to manipulate.” Al-Shammari explained that the system contributes to “stimulating investment in financial technology and expanding banking services, which enhances economic justice and reduces the gap in access to financial services.”
For his part, financial expert Mustafa Akram Hantoush points out that “electronic payment is an effective tool for rationalizing cash use and providing accurate data that contributes to more effective monetary policy formulation.” He explains that “the system increases the efficiency of cash management and reduces the cost of printing currency, which directly reflects on reducing inflation rates.” Economist Duraid Al-Ghazi criticizes the limited implementation of the system, stressing that “the lack of adequate infrastructure in a number of governorates, weak coverage of electronic payment (POS) devices, and the lack of community education are all factors that hinder the generalization of the experience.” He points out that “a large percentage of citizens, especially in the outskirts, do not possess even the minimum level of knowledge about using these systems.”
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GOVERNMENT ADVISOR: IRAQ IS IN A PROSPEROUS AND PROSPEROUS ERA DESPITE THE DIFFICULTIES OF THE INTERNATIONAL ECONOMY.
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed that operating expenses, which include salaries and other expenses, constitute approximately 57% of total annual spending in Iraq, and are fully covered as construction projects proceed at an accelerated pace.
Saleh explained in a statement to Al Furat News Agency, “This confirms the success of fiscal space management in supporting the country’s financial, economic, and developmental sustainability, even in light of the relative decline in the oil asset cycle.”
He pointed out that this has had a positive impact on citizens’ living conditions, as annual growth in the general price level, or the inflation index, has remained below 4% per year, a key indicator in the country’s stability roadmap and maintaining its standard of living.
Saleh described the current situation as a “prosperous and prosperous era” despite the difficulties facing the regional and global economies.
He noted that Iraq ranks third in the West Asia region in terms of GDP composition, after Saudi Arabia and the United Arab Emirates, among the group of Arab countries with high annual national incomes, according to the latest international indicators and estimates.
(Then were is the true nominal rate of the dinar if this is true? Just another indication it is being artificially suppressed.)
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EXPERT: RESTARTING THE KIRKUK-BANIAS PIPELINE IS A STRATEGIC STEP TO STRENGTHEN IRAQ’S OIL POSITION.
Oil expert Riyad al-Nazzal confirmed in a press statement that “restarting the Kirkuk-Banias pipeline, which was built in the 1950s with a length of 880 kilometers and a production capacity exceeding 300,000 barrels of oil per day, is a step of strategic importance.”
In a press statement, Al-Nazzal pointed out that “the line has witnessed multiple political fluctuations since the tripartite aggression against Egypt, through nationalization operations, the Iran-Iraq War, the first and second Gulf Wars, and finally the international coalition’s war against ISIS.”
He added that “the pipeline is currently gaining significant importance for Iraq, strengthening its position among the world’s largest oil producers, with more than 3 million barrels per day.” He explained that it enables Iraq to avoid the risks of relying on the Turkish Ceyhan pipeline, which is affected by shifting interests and political balances with the Kurdistan Regional Government, or disturbances in the Red Sea when exporting through the ports of Basra. Meanwhile, the Syrian pipeline remains the least expensive and fastest option for reaching European markets.
Iraq has begun practical steps to restart the oil pipeline extending through Syria to Mediterranean ports, sending an official government delegation to Damascus to discuss rehabilitation mechanisms, according to a statement issued by the Prime Minister’s media office. Through this move, the Iraqi government seeks to open new routes for its oil exports amid escalating regional and international challenges affecting energy flows.
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THE CENTRAL BANK SETS A DATE FOR OPENING A NEW BANK IN THE US AND RESOLVING THE VISA AND MASTERCARD CRISIS.
Central Bank Governor Ali Al-Alaq confirmed on Saturday (April 26, 2025) that an agreement had been reached to open another bank in the United States to establish relations with Iraqi banks in money transfer operations.
Al-Alaq added in a statement followed by Baghdad Today that “the Central Bank aims to resolve the problem of Visa and MasterCard cards abroad within the next month,” noting that “a plan has begun to be developed to issue cards specifically for small merchants.”
The Iraqi banking sector faces challenges in international transactions, particularly regarding the use of electronic payment cards abroad, due to regulatory restrictions and global financial compliance requirements. The Central Bank of Iraq has been working for some time to strengthen banking relations abroad and open new channels to improve financial transfers and ensure smooth transactions for businessmen and citizens, as part of broader efforts to reform the banking system and bring it in line with international standards.
(This news is NOT all about the RVso let’s not go off half-cocked. However these U.S. banks could come in handy to exchange the IQD when the time comes.)
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CENTRAL BANK: VISA AND MASTERCARD CARD ISSUE ABROAD TO BE RESOLVED NEXT MONTH
Central Bank Governor Ali Mohsen Al-Alaq announced on Saturday that the issue of Visa and MasterCard cards abroad will be resolved within the next month. Al-Alaq said in press statements, followed by “Al-Eqtisad News,” that “the Central Bank has completed the two tasks related to cash sales and foreign transfers, but the card crisis witnessed a state of “misunderstanding.”
He explained, “When we headed to organize this process, it required a set of procedures that must be worked on, so that we put it in its correct direction and according to acceptable standards, and therefore there were some stops and some changes in the paths.”
Al-Alaq said, “An agreement was reached with all concerned parties – which include “Visa” and “MasterCard” in coordination with the Treasury, the Federal Reserve, and the auditing company – on “the formulas and paths for settling these cards,” stressing that “the Central Bank has taken rapid steps in this regard, expecting to complete this task within the next month, i.e. before the scheduled date for this process, which is June 1.”
Al-Alaq revealed that “work has begun on developing a plan to issue cards to small merchants, after completing consultations with companies,” “to accommodate the requests of merchants—a large segment of Iraqis—to cover their foreign trade without passing through long routes, so that transfers can be made directly, which will create a major shift in accommodating merchants who do not use formal transfer methods.”
(They are not using these cards with the “new” RV rate. If anyone tells you this they are crazy people. If these cards are used outside Iraq they use the same “official” rate of the CBI if they want to pay for goods in any other foreign country. It is the same if you use a charge card in Germany. The card will take your US. Dollar limit and convert it to Euros. Euros will pay the merchant. So let’s stop all this nonsense about these cards and having a new RV rate on them. This is so ridiculous it is so scary that anyone would even believe this crap, but these idiot intel gurus (like TNT Tony and Bruce. Are telling you this.) Yes, very sad with all the lies.)
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EBRD ENABLES EXPANSION INTO IRAQ
(Nice! 😊 Could this also help in full accession to the WTO? Of course it will. What do you think? 😊 Just yet another event where we shake our heads and ask – where is the RV?)
The European Bank for Reconstruction and Development (EBRD) has amended its statutes, enabling it to expand operations into sub-Saharan Africa and Iraq.
According to a statement from the bank, this pivotal change redefines the Bank’s geographic remit and follows approval by its Board of Governors in 2023. The amendment will formally take effect in three months.
The move sets the stage for Iraq to become a full country of operation, alongside several sub-Saharan nations. Iraq, along with Benin, Côte d’Ivoire, and Nigeria, has already joined as a shareholder, while Senegal, Kenya, and Ghana are currently undergoing the membership process.
Full statement from the EBRD:
The shareholders of the European Bank for Reconstruction and Development (EBRD) have accepted an amendment to Article 1 of the Bank’s statutes, enabling the expansion of its operations to selected countries in sub-Saharan Africa and Iraq. Article 1 of the EBRD’s statutes defines the Bank’s purpose and its geographic remit for countries of operations.
The Board of Governors approved this expansion in 2023 and the threshold of shareholder approval required for the amendment to Article 1 has now been met. The amendment will enter into force in three months’ time.
The announcement comes as the EBRD gears up for its 34th Annual Meeting, which will take place at the Bank’s headquarters in Canary Wharf on 13-15 May 2025.
EBRD President Odile Renaud-Basso said: “The modification of our Article 1 statute is a pivotal step towards the Bank’s geographical expansion. It paves the way for our governors to grant recipient status to countries in sub-Saharan Africa and Iraq, which will enable us to start operations in our first countries in the region.”
The EBRD currently has 75 national shareholders, in addition to the European Union and the European Investment Bank.
The Bank supports countries in transition by using a combination of investment, advisory work and policy reform, with a focus on developing the private sector and bringing about sustainable change.
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Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just FACTS!
Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.
Auf Wiedersehen
Much love to ya all,
Mnt Goat
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