News, Rumors and Opinions Tuesday 4-29-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 29 April 2025
Compiled Tues. 29 April 2025 12:01 am EST by Judy Byington
Judy Note: According to Dr. Charlie Ward on Mon. 28 April:
Trump’s tax plan: tariffs in, income taxes out. 14% tax on new items bought only. None on food, medicine.
By April 2025 President Trump was actively taking down: The IRS while he installed the ERS (External Revenue Service) that “substantially reduces, perhaps eliminates taxes for those making less than $200K a year.”
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Tues. 29 April 2025
Compiled Tues. 29 April 2025 12:01 am EST by Judy Byington
Judy Note: According to Dr. Charlie Ward on Mon. 28 April:
Trump’s tax plan: tariffs in, income taxes out. 14% tax on new items bought only. None on food, medicine.
By April 2025 President Trump was actively taking down: The IRS while he installed the ERS (External Revenue Service) that “substantially reduces, perhaps eliminates taxes for those making less than $200K a year.”
What We Think We Know as of Tues. 29 April 2025:
Mon. 28 April 2025 JUST IN: Trump says a TOTAL tax cut could be coming. “We’re gonna cut taxes for the people of this country. It’ll take a little while… it’s possible we’ll do a complete tax cut. I think the tariffs will be enough to cut all of the income tax.” …Elon Musk on Telegram
Mon. 28 April 2025: URGENT: TRUMP’S MASTER MOVE: TARIFFS IN, INCOME TAX OUT — THE EMPIRE STRIKES BACK – amg-news.com – American Media Group
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The Real News for Mon. 28 April 2025:
Sun. 28 April 2025 President Trump: “THE EXTERNAL REVENUE SERVICE IS HAPPENING!!!” – Income Taxes to be “Substantially Reduced, Maybe Even Completely Eliminated” for Those Making Less Than $200K/Year: https://www.thegatewaypundit.com/2025/04/president-trump-external-revenue-service-is-happening-income/
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Possible Timing: (Rumors)
On Thurs. 27 March 2025 Military (allegedly) took control of the Federal Reserve and severed all links to the US Treasury. Fiat printing was dead. All future currency would be asset-backed, and all debt created through fraudulent lending systems, nullified — including mortgages, student loans, credit cards, and more. There (allegedly) would be a public announcement by July 4 2025.
A new gold/asset-backed currency for 207 nations that traded at a 1:1 with each other would end the era of fiat US Dollar manipulation – liberating the World, along with release of over 6,000 suppressed technologies including free energy, antigravity and healing machines.
Tues. 6 May All banks gone Quantum: Fiat = DeaD. Gold, silver, energy-tokens: QFS ACTIVE.
Memorial Day Weekend – May 23-26, 2025 – was the target for a Global financial crash
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Global Currency Reset Underway:
The global financial system is in the midst of a transition. Major banking institutions in Zurich, the Rhineland and Hong Kong have entered the final liquidity phase. Important sources confirm that notifications are (allegedly) already being sent.. Historic moves underway! Multiple sources report that the QFS is (allegedly) clearing high-value transactions, ensuring large-scale liquidity deployment across multiple levels. Private banking sources confirm that funds are being transferred to designated accounts. This is (allegedly) the final stage before the public launch!
Urgent: Bank screens now displaying live trading rates! (Rumors)
IQD: $9.35 – now activated on internal banking platforms!
VND: US $5.89 – Surpassing projected levels!
ZIM: Processing – Elite groups now receiving!
Private Jet landing: high level transactions confirmed! Military and government agents have (allegedly) arrived in Reno and Hong Kong. Elite bank employees are being escorted under security protocols; something historic is happening.
Thurs 24 April 2025 evening the IMF (allegedly) fulfilled its duty and uploaded multiple currencies to Forex. We are watching developments very closely.
Mon. 28 April 2025 RV Update: Country confirmations are in for India, New Zealand, Australia, UK, Africa, Asia, some in Eu. …Melissa AU
Read full post here: https://dinarchronicles.com/2025/04/29/restored-republic-via-a-gcr-update-as-of-april-29-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Italy, France and Germany and many other countries are here signing deals. Mr Sammy says they also here to learn about the new digital platform. Asraflak is teaching not only the Iraqi citizens but those that are going to invest in our country that this digital platform that we are about to launch. They are training too.
MarkZ [via PDK] We are waiting for bond payout confirmations. Things are moving - we just don’t know how quickly though…I was always told once we hit 30-40% of those historic bonds we are roughly 3-5 days of us going. We do not know what percentage has been paid out yet. We are very hopeful that all the payments that have been initiated happened this weekend...We are waiting to find out if bond holders have fully spendable money today. We are watching this today and tomorrow. There are definitely some people with NDA’s. They point blank told me they are on NDA’s and can give me no details.
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Iraq & France Strengthen Ties
Edu Matrix: 4-29-2025
Chaos ahead of Iraq’s November 2025 elections! Iran-backed factions are stirring tensions as Iraqis continue learning and embracing their democratic rights. This channel proudly supports any Prime Minister, including Al-Sudani, who encourages Iraq’s economic growth without foreign interference.
Iraq Economic News And Points To Ponder Tuesday Morning 4-29-25
A State-Owned Bank Details The Mechanism For Obtaining The 200 Million Dinar Loan
Banks Economy News – Baghdad Rashid Bank announced on Monday details of the mechanism for obtaining a home purchase loan worth up to 200 million dinars, allocated to employees whose salaries are domiciled with the bank and citizens in general. The bank explained in a statement received by Al-Eqtisad News that the loan will be disbursed in two installments:
The first installment is disbursed after submitting the documents required to open a statement from the Real Estate Registration Department. It amounts to 50 million dinars if the requested loan amount is 100 million dinars or more, and 25 million dinars if it is less than 100 million dinars.
A State-Owned Bank Details The Mechanism For Obtaining The 200 Million Dinar Loan
Banks Economy News – Baghdad Rashid Bank announced on Monday details of the mechanism for obtaining a home purchase loan worth up to 200 million dinars, allocated to employees whose salaries are domiciled with the bank and citizens in general. The bank explained in a statement received by Al-Eqtisad News that the loan will be disbursed in two installments:
The first installment is disbursed after submitting the documents required to open a statement from the Real Estate Registration Department. It amounts to 50 million dinars if the requested loan amount is 100 million dinars or more, and 25 million dinars if it is less than 100 million dinars.
The second payment is disbursed after the mortgage transaction is completed.
He pointed out that if the borrower wishes to obtain the full loan amount, he can submit an alternative real estate deed in his own name or in the name of a third party, and mortgage it to the bank for a period of six months until the new property is submitted. A property registered in the borrower's name may also be accepted to obtain the full loan.
The bank explained that the guarantees include mortgaging the property to the bank, with a guarantor covering half the loan amount and interest from the guarantor's salary. The bank may accept more than one guarantor if necessary, provided their salary is domiciled with the bank. https://economy-news.net/content.php?id=54905
The Minister Of Foreign Affairs Stresses The Need To Simplify Consular Services Provided To The Iraqi Community In The United States And Improve Their Quality
Monday, April 28, 2025 9:50 PM | Politics Number of reads: 197 Baghdad / NINA / Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein stressed the need to simplify consular services provided to the Iraqi community in the United States and improve their quality.
A statement by the Ministry of Foreign Affairs said: "The Minister visited the Embassy of the Republic of Iraq in Washington, on Monday, where he met with the Iraqi Ambassador to the United States of America, Nizar Al-Khairallah, and members of the embassy staff."
The visit came, according to the statement, within the framework of following up on the progress of diplomatic work and strengthening relations between Iraq and the United States, coinciding with the discussions that the Minister is holding with American officials during his current visit to Washington.
During the meeting, the Foreign Minister discussed with the embassy staff ways to develop the strategic partnership between the two countries, especially in the political, security and economic fields, in line with the agreements signed between the two sides, foremost of which is the Strategic Framework Agreement.
The meeting also discussed, according to the statement, the ongoing preparations for the meeting of the Joint High Committee between Iraq and the United States, scheduled to be held soon, which will discuss cooperation in several fields, stressing the importance of good preparation for these meetings.
The Minister praised the great efforts made by the Ambassador and the embassy staff in this framework, pointing to the importance of strengthening coordination between the two countries in light of the current regional developments.
In the same context, Fouad Hussein stressed the need to simplify consular services provided to the Iraqi community in the United States, stressing the importance of improving their quality.
For his part, Ambassador Nizar Al-Khairallah expressed his appreciation for this visit, describing it as “a supportive step for diplomatic work that comes in light of the great circumstances and challenges facing the region.” /End https://ninanews.com/Website/News/Details?key=1223643
In Cooperation With The United Nations Development Programme, The Ministry Of Planning Discusses Updating The Private Sector Strategy (2014-2030)
Monday, April 28, 2025 17:46 | Economic Number of reads: 143 Baghdad/ NINA / The Ministry of Planning, in cooperation with the United Nations Development Program, held a workshop on Monday to update the private sector strategy (2014-2030).
Sabah Jundi Mansour, Director General of the Economic and Financial Policies Department, chaired the workshop. He explained that the private sector is a fundamental pillar for achieving sustainable economic development, as it represents an effective partner in building a diversified and strong national economy.
He affirmed the committee's commitment to strengthening the role of this sector by developing a clear and integrated vision that responds to current challenges and invests in future opportunities.
He pointed out that this workshop represents an important step in a long path that requires concerted efforts and active participation from all parties, including the government, the private sector, civil society, and international partners. He pointed out that the success of updating this strategy depends on transparent dialogue, creative ideas, and a shared vision aimed at creating a stimulating economic environment that generates job opportunities and enhances innovation and investment.
He emphasized the government's endeavor to support the private sector to be a major driver of growth and economic development in the long term. https://ninanews.com/Website/News/Details?key=1223611
Al-Atwani: Oil Price Fluctuations Require Us To Seek Alternative Sources Of Revenue.
Money and Business Economy News – Baghdad Parliamentary Finance Committee Chairman Atwan al-Atwani stressed on Monday that fluctuating oil prices and their impact on the budget require us to seek alternative and sustainable sources of revenue.
A committee statement, seen by Al-Eqtisad News, stated that "the Parliamentary Finance Committee, headed by Atwan Al-Atwani, held an expanded two-day workshop to discuss ways to maximize revenues, in cooperation with the International Partners Foundation, with the participation of experts, consultants, university professors, and relevant official bodies."
The statement added, "The workshop focused on discussing the proposed amendments to the Federal Revenue Control Authority Law, where many opinions and proposals were put forward that revolved around the need to activate the work of the Authority, and to strengthen and activate...
And to activate its powers, particularly with regard to the process of assessing state revenues and the means of collecting them, with the aim of preserving public funds and promoting sustainable development.
Al-Atwani noted that "the workshop is at the heart of our efforts to enhance the country's financial sustainability and represents a real opportunity to come up with practical, applicable recommendations that contribute to achieving our shared goals.
" He added that "our fruitful cooperation with the International Partners Foundation represents a valuable addition to our efforts, and we appreciate their support and expertise in this vital field."
He noted that "exchanging expertise and knowledge with leading international institutions will undoubtedly contribute to enriching discussions and providing innovative solutions."
Al-Atwani stressed, according to the statement, that "the fluctuations in oil prices and their impact on the budget require us to seek alternative and sustainable sources of revenue."
He noted that "the path to a sustainable economy may be fraught with challenges, but it is also rich with opportunities," stressing that "the Parliamentary Finance Committee looks forward to this workshop being a true starting point toward building a more stable and prosperous economic future."
He continued, "Our economy's decades-long dependence on oil revenues has made the country's financial situation fragile and weakened our ability to achieve sustainable development goals. This requires serious work to overcome this 'single dependence'." He emphasized that "economic diversification is no longer a complementary option, but rather an urgent necessity and a strategic imperative for building a multifaceted economy based on diverse productive and service sectors capable of generating wealth and creating added value.
" He noted at the same time that it is "the best way to protect our economy against external shocks, expand the base of economic growth, and provide sustainable opportunities for our future generations."
He pointed out that "the ongoing fluctuations in oil prices and their impact on the state's general budget require us to seek alternative and sustainable sources of revenue that will contribute to financing development projects and improving services."https://economy-news.net/content.php?id=54923
Al-Sudani Stresses The Importance Of The Project Financing Initiative And Its Effective Impact On The Growth Of The Industrial Sector
Banks Economy News – Baghdad Prime Minister Mohammed Shia al-Sudani stressed on Monday the importance of the project financing initiative and its effective impact on the growth of the country's industrial sector. He noted that launching initiatives must be credible, with the necessary infrastructure in place.
The Prime Minister's Media Office stated in a statement, seen by Al-Eqtisad News, that "Prime Minister Mohammed Shia Al-Sudani chaired a meeting to follow up on the implementation of the Industrial Projects Financing Initiative and the reasons for the delay in implementing Cabinet Resolution No. 24930 of 2024."
The statement added that "the meeting witnessed a detailed discussion of the initiative's overall dimensions and its beneficiaries, and effective solutions were reached to ensure the sustainability of project support, including providing the necessary funding to launch project lending through the Industrial Bank and inviting industrialists to start promoting their completed projects."
According to the statement, the Prime Minister stressed "the importance of the project financing initiative and its effective impact on the growth of the industrial sector in the country," noting that "launching initiatives must be credible by providing the necessary structures for them in terms of regulation, financing, and implementation, and that failure to implement the initiatives will affect the development process."
The Prime Minister stressed "the government's support for the private industrial sector and giving it priority in attention, support, and facilitating procedures and financing, which constitutes a foundation for advancing economic development, providing job opportunities for youth, and achieving self-sufficiency in a number of strategic industries."https://economy-news.net/content.php?id=54920
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Tuesday Morning 4-29-25
Good Morning Dinar Recaps,
CARDANO LACE WALLET INTEGRATES BITCOIN, BOOSTING CROSS-CHAIN CAPABILITIES
▪️Charles Hoskinson announced on Monday that Bitcoin integrates into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities.
▪️This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality.
▪️The news failed to move Cardano’s price significantly, but suggests a positive outlook for ADA.
Good Morning Dinar Recaps,
CARDANO LACE WALLET INTEGRATES BITCOIN, BOOSTING CROSS-CHAIN CAPABILITIES
▪️Charles Hoskinson announced on Monday that Bitcoin integrates into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities.
▪️This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality.
▪️The news failed to move Cardano’s price significantly, but suggests a positive outlook for ADA.
Cardano (ADA) co-founder Charles Hoskinson announced Monday that Bitcoin (BTC) is integrated into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities. This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality.
The news failed to move Cardano’s price significantly, with ADA trading in a narrow range near $0.70 at the time of writing on Tuesday, but it suggests a positive outlook for the token.
Cardano’s co-founder welcomes Bitcoin
On Monday, Charles Hoskinson announced on his X post that Bitcoin is integrated into the Lace Wallet, a non-custodial wallet platform developed by Input Output Global (IOG), one of the key organizations behind the Cardano blockchain. Lace allows users to send, receive, and stake Cardano’s native cryptocurrency, ADA, and manage other digital assets on the network.
“With this release, Lace becomes even more accessible and versatile, introducing Firefox support, the beta rollout of Bitcoin, and several performance improvements under the hood,” says Lace in its blog post.
This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality. However, this news did not significantly impact Cardano’s price on Monday; nonetheless, it suggests a positive outlook for the long term as it expands Cardano’s ecosystem, enhances its cross-chain capabilities, and boosts wider adoption.
Cardano's technical outlook suggests a rally if it closes above $0.74
Cardano price is facing resistance around its 200-day Exponential Moving Average (EMA) at $0.71 since last week and declined to find support at the 61.8% Fibonacci retracement (drawn from the August 5 low of $0.27 to the December 3 high of $1.32) at $0.66 on Monday. At the time of writing on Tuesday, ADA hovers around the 200-day EMA at $0.71.
If ADA breaks above the 200-day EMA and closes above its weekly resistance level at $0.74, it could extend the rally to retest its next daily resistance at $0.80.
The Relative Strength Index (RSI) stands at 59, indicating bullish momentum, as it is positioned above its neutral level of 50. The Moving Average Convergence Divergence (MACD) also exhibited a bullish crossover last week, providing a buy signal and indicating a potential continuation of the upward trend.
However, if ADA’s daily candlestick closes below the 61.8% Fibonacci level at $0.66, it could extend the decline to retest its April 22 low of $0.61.
@ Newshounds News™
Source: FX Street
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SOUTH KOREA'S RULING PARTY VOWS TO APPROVE SPOT CRYPTO ETFS, SCRAP KEY BANKING RULE
South Korea’s People Power Party has pledged crypto reforms, including ETF approval and banking rule repeal, ahead of the June election.
▪️South Korea’s People Power Party has pledged to approve spot crypto ETFs and scrap South Korea’s "one exchange, one bank" rule if they win.
▪️The party’s crypto agenda includes corporate crypto trading, stablecoin regulation, and a new Virtual Asset Special Committee this year.
▪️The election outcome could decide the fate of reforms, with opposition leader Lee Jae-myung leading in the polls ahead of the June 3 vote.
South Korea’s People Power Party has vowed to approve spot crypto ETFs, dismantle a major banking restriction, and overhaul digital asset laws before the end of the year, local media reported Monday.
The party revealed its digital asset pledge just weeks after the country’s impeached president, Yoon Suk Yeol, was removed from office for illegally imposing martial law, a political shock that has formed the basis for a fiercely contested snap election on June 3.
The PPP’s proposals include abolishing the "one exchange, one bank" rule, which restricts crypto exchanges to a single banking partner —a regulation blamed for entrenching monopolies and limiting consumer choice.
"It is very restrictive not to be able to trade virtual assets through the bank of your choice," Rep. Park Soo-min said on Monday during the emergency response committee meeting held at the National Assembly.
The PPP has also pledged to legalize spot crypto ETFs within the year. Park stressed the urgency of approval, pointing to the U.S. Securities and Exchange Commission’s (SEC) decision to greenlight spot Bitcoin ETFs last January.
In addition, the party said in its agenda that it would also institutionalize corporate and institutional investor participation in the crypto market within this year.
If PPP wins, starting in Q2, non-profits can engage in crypto trading, with broader participation from around 3,500 corporations and investment firms.
‘Golden standard’
During the committee meeting, Rep. Choi Bo-yoon said that PPP also plans to introduce a "global standard" regulatory system for stablecoins, local media reported.
To oversee the implementation of its digital asset agenda, the party seeks to establish a Virtual Asset Special Committee directly under the presidential office.
The PPP has vowed to enact the Framework Act on the Promotion of Digital Assets, which would subdivide exchange operations, create listing regulations, and introduce a disclosure system for digital asset transactions.
The party’s push aligns with a global shift toward crypto deregulation, triggered by U.S. President Donald Trump’s moves to repeal DeFi broker reporting rules, authorize the creation of a national Bitcoin stockpile, and place crypto as a core element of American financial policy.
Invoking Trump-era deregulation, PPP presidential candidate Hong Joon-pyo recently vowed to “eliminate regulations as much as the Trump administration did” and pledged to expand blockchain applications across South Korean public services.
Still, whether the PPP’s agenda can move forward will depend on the election outcome.
Democratic Party candidate Lee Jae-myung has campaigned on restoring democratic norms and stabilizing the economy, but has offered few specifics about his stance on regulating digital assets.
Current polling shows Lee, who narrowly lost the 2022 race, now holding a commanding lead over his rivals, according to local media.
@ Newshounds News™
Source: Decrypt
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“Tidbits From TNT” Tuesday Morning 4-29-2025
TNT:
Tishwash: Head of the Iraqi Private Banks Association: Arab and foreign investments in Iraq reached $63 billion in two years.
The head of the Iraqi Private Banks Association, Wadih Al-Handhal, announced that the Union of Arab Banks will hold its next conference in the capital, Baghdad, under the patronage of Iraqi Prime Minister Mohammed Shia Al-Sudani, in cooperation with the Central Bank of Iraq and the Iraqi Private Banks Association.
In his speech at the Union of Arab Banks conference currently being held in Cairo, under the title of Public-Private Partnership, Al-Handhal said, "The current Iraqi government has taken a major role in achieving public-private partnerships, starting with the establishment of the Private Sector Council."
TNT:
Tishwash: Head of the Iraqi Private Banks Association: Arab and foreign investments in Iraq reached $63 billion in two years.
The head of the Iraqi Private Banks Association, Wadih Al-Handhal, announced that the Union of Arab Banks will hold its next conference in the capital, Baghdad, under the patronage of Iraqi Prime Minister Mohammed Shia Al-Sudani, in cooperation with the Central Bank of Iraq and the Iraqi Private Banks Association.
In his speech at the Union of Arab Banks conference currently being held in Cairo, under the title of Public-Private Partnership, Al-Handhal said, "The current Iraqi government has taken a major role in achieving public-private partnerships, starting with the establishment of the Private Sector Council."
He noted that the private banking sector has begun to expand significantly following the partnership with the government, represented by the expansion of electronic payments and government institutions contracting with companies and banks to develop the infrastructure for government electronic payments.
He added that electronic payments via bank cards in 2024 reached more than 21.1 trillion dinars, through more than 58.4 million transactions, compared to just over 7,000 transactions in 2017. This represents a significant development.
He stressed that the volume of Arab and foreign investments in Iraq over the past two years reached $63 billion, and this came as a result of the partnership between the government and the private sector.
He explained that the development path represents a major gateway to public-private partnerships, and that everyone can participate in this project, which contributes to the development of Iraq's gross domestic product. link
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Tishwash: MP: Parliament will resume its sessions normally within the next two days - Urgent
Member of Parliament Jawad Al-Yasari confirmed, on Monday (April 28, 2025), that the Iraqi Parliament will resume its sessions normally within the next two days.
The leftist told Baghdad Today, "The House of Representatives will resume its sessions within the next two days, and there is a determination and will to do so from the House Presidency, and there is an understanding with the parliamentary blocs, with the aim of exploiting the last months of the House's term to pass important laws."
He added that "any controversial law will not be put on the agenda without prior agreement between the parliament's presidency and the leaders of the parliamentary blocs to ensure that sessions are not disrupted, as has happened in the past period." He indicated that "in the coming hours, a date will be set for the resumption of weekly sessions as normal."
Last Saturday, the Parliamentary Legal Committee confirmed that the term of the Iraqi Parliament's legislative and oversight body had "expired."
Committee member Mohammed Anouz told Baghdad Today, "The Iraqi parliament's legislative and oversight role has come to an end due to a political will to obstruct the council's work until the next parliamentary elections. This session has been deliberately obstructed by political disputes since the beginning of the session and continues to this day."
He explained that "there is a deliberate attempt to keep the House of Representatives inactive so as to prevent requests for interpellation and accountability for some officials who enjoy political and partisan protection, as well as to obstruct the passage of some laws so that they remain a bargaining chip and blackmail tool in the hands of some political parties during the coming period. That is why we say that the life of the legislative and oversight council has ended because of these influential political parties."
The scene of a parliament in limbo or in session has become a part of political life in Iraq. Citizens may have grown accustomed to this recurring pattern, or may consider themselves unconcerned with what transpires within the parliament, which could translate into a reluctance to participate in or a boycott of the upcoming parliamentary elections. link
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Tishwash: The Finance Committee discusses oil price fluctuations and the regulatory law with international partners.
On Monday, April 28, 2025, the Parliamentary Finance Committee discussed the fluctuations in oil prices and their impact on the budget, with the International Partners Foundation, and with the participation of experts, consultants, university professors and official bodies, in an important workshop to discuss the proposed law for the first amendment to the Federal Revenue Control and Allocation Authority Law No. (55) of 2017.
The House of Representatives' media office said in a statement received by Al-Jabal that it "held an expanded two-day workshop to discuss ways to maximize revenues, in cooperation with the International Partners Foundation, with the participation of experts, consultants, university professors, and relevant official bodies."
Committee Chairman Atwan Al-Atwani noted that "over time and the increasing complexity of the economic landscape have demonstrated the need to review, update, and amend the Authority's legal framework." He explained that "the Finance Committee in the House of Representatives is currently leading a significant legislative effort aimed at introducing the first amendment to Law No. 55 of 2017, a move that reflects an awareness that the law in its current form may not be sufficient to address emerging challenges or fully achieve the ambitious goals set for the Authority."
The International Partners Foundation presented a presentation by Mr. Ken McIntosh and Lord Jeremy Purves, highlighting the most prominent problems and challenges facing the Iraqi economy. They presented the Foundation's vision for overcoming these obstacles, emphasizing the Commission's pivotal role in monitoring and overseeing the allocation of revenues to achieve financial stability and enhance transparency.
According to the statement, "The proposed first amendment, which the House of Representatives completed its first reading, aims to address challenges and enhance the Authority's role through several axes addressed in the interventions and discussions during the workshop, most notably the Authority's role in verifying the fair distribution of revenues when preparing the draft federal general budget, and the accuracy of calculating allocations according to principles and standards determined by a special and precise system.
Approaching the relevant authorities to provide the Authority with the necessary information and documents to enable it to perform its duties effectively. Investigating and investigating to accurately determine the sources and components of federal revenues."
The workshop also included hosting representatives of ministries to exchange advice and opinions, with a focus on the importance of expanding the authority's mandate to include evaluating the performance and financial effectiveness of government institutions, in addition to the need to clearly define the authority's powers to avoid overlapping tasks with other institutions, according to the statement.
The workshop's primary objective, according to the statement, was to "consult and gather input from key stakeholders, including representatives of federal ministries, the regional and local governments, financial and legal experts, and representatives of the International Partners Foundation, on the proposed draft amendment.
The workshop also sought to develop the draft amendment based on the comments and suggestions submitted, with the aim of finalizing it before presenting it for a second reading in the House of Representatives. Additionally, it explored how to enable the Commission to carry out its expanded mandate efficiently and effectively." link
Mot: Poor Little Critter -----
Mot: . Getting Perspective!!!!! College degrees
MilitiaMan & Crew: Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar
MilitiaMan & Crew: Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar
4-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
MilitiaMan & Crew: Iraqi Dinar News-Iraq Central Bank-Value National Currency-World Bank-IFC-Private Sector Pillar
4-28-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Be sure to listen to full video for all the news……..
Seeds of Wisdom RV and Economic Updates Monday Evening 4-28-25
Good Evening Dinar Recaps,
ARIZONA LEGISLATURE PASSES BITCOIN RESERVE BILL, SENDS IT TO GOVERNOR’S DESK: BLOOMBERG GOVERNMENT
▪️The bill, called the Arizona Strategic Bitcoin Reserve Act, was passed on Monday by Arizona’s state legislature, Bloomberg Government reported.
▪️If signed by Democratic Governor Katie Hobbs, the state would be the first to require public funds to invest in bitcoin.
Good Evening Dinar Recaps,
ARIZONA LEGISLATURE PASSES BITCOIN RESERVE BILL, SENDS IT TO GOVERNOR’S DESK: BLOOMBERG GOVERNMENT
▪️The bill, called the Arizona Strategic Bitcoin Reserve Act, was passed on Monday by Arizona’s state legislature, Bloomberg Government reported.
▪️If signed by Democratic Governor Katie Hobbs, the state would be the first to require public funds to invest in bitcoin.
Lawmakers in Arizona have passed a bill allowing the state treasurer and retirement system to invest up to 10% of available funds in digital assets, specifically bitcoin, sending it to the governor’s desk for approval, according to Bloomberg Government.
The bill, called the Arizona Strategic Bitcoin Reserve Act, passed Monday in the state legislature, Bloomberg Government reported.
"This bill represents an emerging approach by a state government to integrate cryptocurrency into public financial management, reflecting the growing mainstream acceptance of digital assets," according to the bill text's summary.
The bill's cosponsors are both Republicans: Sen. Wendy Rogers and Rep. Jeff Weninger. If signed by Democratic Governor Katie Hobbs, the state would be the first to require public funds to invest in Bitcoin.
Several states, including Iowa, Missouri, and Texas, are weighing whether to establish a strategic bitcoin reserve. At the federal level, President Donald Trump signed an executive order in March establishing a strategic bitcoin reserve and digital asset stockpile.
Some asset managers have weighed in on how much bitcoin investors should hold. BlackRock recommended in December allocating 1% to 2% of a portfolio to bitcoin, according to Business Insider. Fidelity has suggested a slightly higher range, recommending 2% to 5%.
@ Newshounds News™
Source: The Block
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CONGRESS STRUGGLES TO MEET TRUMP’S AUGUST DEADLINE FOR U.S. CRYPTO REGULATION
▪️Congress accelerates efforts to finalize U.S. crypto legislation before President Trump’s August deadline.
▪️Lawmakers push for market structure and stablecoin bills as industry calls for action on DOJ prosecution.
▪️The crypto industry urges intervention from Trump’s Crypto Czar as legal battles over developer accountability heat up.
As lawmakers return to Capitol Hill after a two-week recess, crypto legislation is at the top of their agenda. With just three months left before President Trump’s August deadline, Congress has a lot of work ahead to craft laws that could define the future of digital assets in America.
Eleanor Terrett took to X to give a *spicy* update on everything that’s brewing.
Crypto Legislation: The Countdown Begins
Lawmakers are hard at work to push through two key bills: the market structure and stablecoin regulations. With little time left before the August deadline, there’s not much room for error. And let’s be honest, it was about time.
Last Friday, the House Financial Services Committee scheduled a joint hearing with the House Agriculture Committee for May 6, titled “American Innovation and the Future of Digital Assets.”
It’s clear that Congress is aiming for a forward-thinking approach.But can they pull it off in time? That’s the million-dollar question.
House Financial Services Committee Chairman French Hill (R-AR) shared that a discussion draft of the new legislation is expected soon. This draft is an updated version of last year’s FIT21 market structure bill. Meanwhile, Senate staffers are working on their own version, incorporating elements from both the 2022 Lummis-Gillibrand Responsible Financial Innovation Act and the FIT21 bill.
Industry Leaders Step Up: DOJ, It’s Time to Listen
While Congress scrambles, the crypto industry is raising its voice.
A petition led by the DeFi Education Fund, along with key industry leaders, has been launched urging President Trump’s Crypto and AI Czar, David Sacks, to intervene in the Department of Justice’s prosecution of Tornado Cash co-founder Roman Storm.
The petition argues that developers shouldn’t be criminally liable for how bad actors use their code, especially when they have no control over it. The legal theory behind the prosecution has the potential to seriously impact innovation.
If lawmakers want to ensure the growth of the crypto ecosystem, this issue needs immediate attention.
What’s Next for Crypto?
With Congress hustling to meet the August deadline and the industry pushing for reform, we’re in for a wild few months.
@ Newshounds News™
Source: Coinpedia
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Bizarrely, Gold Is The Opposite Of The Bitcoin Effect Right Now
Bizarrely, Gold Is The Opposite Of The Bitcoin Effect Right Now
Notes From the Field By James Hickman (Simon Black) April 28, 2025
You’ve probably heard the story.
As the legend goes, on a late-summer morning in 1929, Joseph Kennedy — patriarch of the famous Kennedy family — was headed into his office in downtown New York City. As he sat for a quick shoe shine, the young boy buffing his shoes, barely a teenager, eagerly offered him stock tips.
Kennedy listened politely, but inside, he felt a jolt of alarm.
Bizarrely, Gold Is The Opposite Of The Bitcoin Effect Right Now
Notes From the Field By James Hickman (Simon Black) April 28, 2025
You’ve probably heard the story.
As the legend goes, on a late-summer morning in 1929, Joseph Kennedy — patriarch of the famous Kennedy family — was headed into his office in downtown New York City. As he sat for a quick shoe shine, the young boy buffing his shoes, barely a teenager, eagerly offered him stock tips.
Kennedy listened politely, but inside, he felt a jolt of alarm.
Supposedly he rushed to his office, dumped his entire stock portfolio, and moved heavily into cash. And just weeks later the stock market collapsed.
There’s a good chance this story isn’t true; I’ve often heard it told with Sir John Templeton in place of Joe Kennedy... and when urban legends can’t even get their protagonists straight, that’s usually a sign of fiction.
Curiously, however, a similar thing actually happened to me.
It was March 2009— six months after the Global Financial Crisis kicked off that wiped 50% off the S&P 500.
I was living in Punta del Este, Uruguay at the time and was coincidentally getting my shoes shined before heading to the airport for a trip to Asia.
The shoe shiner, an elderly Uruguayan man, asked me what I did for a living. I mentioned something about finance, at which point he cautioned me to avoid the stock market.
At that point the S&P was at its crisis-era low... and would go on to nearly 10x over the next 16 years.
Another story that is true is from August 1979: Businessweek magazine famously declared "The Death of Equities," capturing the widespread view that stocks (which had suffered in the 1970s) would continue to languish.
Yet the stock market was just about to unleash a multi-decade bull run.
In April 2019, the same Businessweek ran a cover asking, "Is Inflation Dead?", again capturing the popular idea that there would never be inflation again. That turned out to be 100% incorrect.
Then there was the famous Bitcoin craze in November 2017: families across America spent their Thanksgiving holidays opening up Coinbase accounts and bidding up the price of Bitcoin to its (then) all-time high. Crypto subsequently entered a multi-year bear market...
Anytime I see popular bandwagons, I become nervous. And I’m starting to see some signs of that with gold.
One glaring signal is that Costco— which sells gold to its customers— sold out its most recent inventory of American Eagle Gold Coins in less than four days. Gold demand is surging among retail investors.
Dealers are reporting crazy volume. The media is talking about gold daily now, whereas in the past they used to go weeks or months without a mention of gold.
The Wall Street Journal even ran an article this past weekend entitled “How to buy gold”.
Big investment bank analysts who, heretofore had ignored gold or been extremely bearish, are suddenly its biggest champions. Even the notorious Goldman Sachs is now projecting nearly $4,000 gold this year.
And only a handful of analysts are bearish.
Look, we’ve been talking about gold for years... and in particular since 2023 when it became obvious that there were long-term catalysts.
It’s pretty easy to understand: central banks around the world are trading in their US dollars for gold, simply because they don’t have confidence that the dollar will last as the global reserve currency.
And central banks don’t have a lot of options; there are only so many non-dollar asset classes that can absorb hundreds of billions of dollars worth of capital flows. Gold is one of the most convenient.
I’ve explained before that, because of these capital flow trends and catalysts, we could easily see $5,000 or even $10,000 gold over the coming years.
But at the same time, the trend line for the gold price has been incredibly steep ever since its low in 2022. And, again, there are now signs that a retail gold mania may be forming.
I’m not saying that gold is too expensive or that it’s time to sell. These short-term market trends are extremely difficult to predict, and I tend to ignore them.
Instead, I focus on the long-term big picture. And that’s a lot easier to see: the US fiscal situation is in major decline. The government is doing very little about it. And the rest of the world is already diversifying away from the dollar.
All of these trends are good for gold.
Who knows what investors will do over the next few months? But over the next five years, you can make a very strong case that central banks will continue to buy gold and send the price higher.
At the same time, I recognize that it’s difficult for some people to buy an asset when it’s at/near its all-time high... especially when it may suffer a short-term correction.
This is why we’ve been writing about an alternative to gold; because, while gold is near its all-time high, many gold companies are still undervalued relative to gold itself.
I’m talking about really solid, profitable gold miners trading at less than TWO times forward earnings. It’s ridiculous.
In a way it’s the opposite of the crypto phenomenon with Microstrategy (MSTR)— the company which primarily owns and holds Bitcoin.
Microstrategy (technically now called “Strategy”) owns 553,555 Bitcoin worth $52 billion. That’s pretty much their biggest (and nearly only) asset.
Yet the MSTR’s market cap is $92 billion.
In other words, the Bitcoin-related company is worth nearly double the amount of Bitcoin it holds. This makes no sense.
With gold, it’s the opposite. Gold is near its all-time highs... but the gold-related companies are cheap and undervalued.
Some investors are starting to notice— for example, multiple precious metals companies we have published in our investment research service have risen by 40-60%.
One has more than doubled in price... yet is still trading at a forward multiple of just 2x.
So, gold is bizarrely the opposite of the Bitcoin effect with Microstrategy: gold is at a record high, but gold companies are cheap. I’ll say it again— this is not going to last.
To your freedom, James Hickman Co-Founder, Schiff Sovereign LLC
No Gold? You’re Doomed In The Reset War
No Gold? You’re Doomed In The Reset War
Daniela Cambone: 4-28-2025
The Bank of Canada has no gold reserves and that could pose significant challenges for Canadians amid an unfolding global monetary reset, says Maxime Bernier, founder and leader of the People’s Party of Canada, who is running for Prime Minister.
In an interview with Daniela Cambone on Election Day, Bernier outlines the key issues facing Canada: mass immigration, unsustainable debt, and the potential return to a gold standard under his government.
No Gold? You’re Doomed In The Reset War
Daniela Cambone: 4-28-2025
The Bank of Canada has no gold reserves and that could pose significant challenges for Canadians amid an unfolding global monetary reset, says Maxime Bernier, founder and leader of the People’s Party of Canada, who is running for Prime Minister.
In an interview with Daniela Cambone on Election Day, Bernier outlines the key issues facing Canada: mass immigration, unsustainable debt, and the potential return to a gold standard under his government.
He warns that a major monetary reset is already underway, driven by high debt levels in Western nations and the diminishing dominance of the U.S. dollar.
Bernier also explores the possibility of a global shift toward a gold-based system for international transactions, which would present challenges for Canadians lacking gold reserves. In 2017, he recalled being “laughed at” by Stephen Harper when discussing the gold standard idea.
Watch the video to learn more about his policies and his vision for Canada’s future
Key Facts:
Canada owns no gold reserves.
A monetary reset is inevitable.
Canada’s national debt doubled under Trudeau.
Stephen Harper laughed at Bernier's "gold standard" idea in 2017.
Why Western elites are tied to fiat currency?
Economy Entering '1930's-Style' Transformation; Historic Financial Reset | Neil Howe
Economy Entering '1930's-Style' Transformation; Historic Financial Reset | Neil Howe
David Lin: 4-28-2025
Neil Howe, author of "The Fourth Turning" and Director of Demography at Hedgeye Risk Management, discusses global tensions, the potential dissolution of NATO, and how Trump's nationalist policies align with the 80-year historical cycle of societal transformation currently underway.
0:00 – Intro
1:14 – A dangerous moment
Economy Entering '1930's-Style' Transformation; Historic Financial Reset | Neil Howe
David Lin: 4-28-2025
Neil Howe, author of "The Fourth Turning" and Director of Demography at Hedgeye Risk Management, discusses global tensions, the potential dissolution of NATO, and how Trump's nationalist policies align with the 80-year historical cycle of societal transformation currently underway.
0:00 – Intro
1:14 – A dangerous moment
4:16 – New world
9:30 – Trump and Countertrends
13:54 – Global conservatism?
15:44 - Ukraine and Russia
20:13 – NATO
23:00 – Tariffs and chaos
24:30 – Nuclear conflict
28:25 – Fourth Turning and the economy
34:23 – Investor advice
35:15 – Tariff resilience
36:44 – China
38:01 – Power of the dollar
42:55 – Buying opportunity
45:18 – Generational cycles
46:53 – Steering capital
More News, Rumors and Opinions Monday PM 4-28-2025
Gold Telegraph: The Last Monetary Reset
4-27-2025
One of the most overlooked moves this week: China’s central bank is investing in the internationalization of the Shanghai Gold Exchange. A war is playing out in the gold market, and it’s about pricing power. Buckle up.
The U.S. dollar index is down nearly 9%, on track for its worst start to the year since 1973 when currencies were cut loose from gold and began to float freely. In other words, the last monetary reset. The signs are everywhere.
Gold Telegraph: The Last Monetary Reset
4-27-2025
One of the most overlooked moves this week: China’s central bank is investing in the internationalization of the Shanghai Gold Exchange. A war is playing out in the gold market, and it’s about pricing power. Buckle up.
The U.S. dollar index is down nearly 9%, on track for its worst start to the year since 1973 when currencies were cut loose from gold and began to float freely. In other words, the last monetary reset. The signs are everywhere.
BREAKING NEWS: A TOP CONTENDER TO REPLACE JAY POWELL HAS BLAMED THE FEDERAL RESERVE FOR “SYSTEMATIC ERRORS” AND MISHANDLING THE MOST SEVERE INFLATION CRISIS IN DECADES.
Change is in the air.
“Since the panic of 2008, central bank dominance has become a new feature of American governance…”
Source: https://www.ft.com/content/1ff8ca87-3d3a-40c9-abed-a32cc795df74
The next Federal Reserve chair must rebuild what’s been lost. Restoring the monetary integrity of the United States. @judyshel
For years, I’ve warned about the “buy now, pay later” trap. It’s a disgrace that so many rely on this financing to survive. Now, Americans are using it to pay for groceries. Very sad…
I said this 2 years ago: “More and more countries are either ignoring or starting to disrespect the IMF publicly…”
This week: The United States said it would pursue a significant overhaul of the International Monetary Fund.
The Spotlight is on the IMF. Despite a warning from the International Monetary Fund, the Reserve Bank of Zimbabwe has successfully sold millions of gold-backed crypto tokens. Iran and Russia have also expressed interest in creating a new stablecoin backed by gold for trade. More and more countries are either ignoring or starting to disrespect the IMF publicly:
1) Zimbabwe ignored IMF warnings on gold-backed crypto tokens. 2) In early April, Tunisia rejected IMF loans, and the President said that Tunisians must count on themselves. 3) The Argentine Vice President recently blamed the country's $44 billion agreement with the International Monetary Fund as a significant factor behind the recent sharp devaluation of the peso and the subsequent wave of inflation, escalating consumer prices by more than 100%.
This is happening as debt from 18 developing nations is trading at distressed levels. A trend worth watching...
A leading pick to replace Jerome Powell says the Federal Reserve is due for nothing less than a complete “strategic reset.” About time… Only at the Federal Reserve could they believe that buying trillions in unwanted assets would end well.
The President of Colombia just called out the International Monetary Fund. Referencing them as “vampires.” The trend continues…
Source(s):
https://x.com/GoldTelegraph_/status/1915567823981887929
https://dinarchronicles.com/2025/04/27/gold-telegraph-the-last-monetary-reset/
************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Militia Man Remember, Iraq's original currency was mostly reflected off of oil and rentier country. Not anymore. That's going to mean they're going to need or will have a very strong powerful real effective exchange rate. It's obvious IMO.
Frank26 In the Middle East...they're talking about a new exchange rate and the heavy talk they were dealing with was that maybe...a new rate was coming out at around $1.32. I don't know. I have no idea what the rate will be but I do know the IMF and the World Bank is working with the CBI and the US Treasury to bring purchasing power to their currency. When? I don't know. All the evidence is in the articles.
BRICS Summit To Unveil NEW Gold Backed Payment Platform Open To ALL NATIONS! - Andy Schectman
Financial Wisdom: 4-28-2025
0:00 - Intro: Sergei Lavrov and the upcoming BRICS summit
0:15 - Brazil's proposal for a new BRICS payment platform
0:30 - Belt and Road Initiative and BRICS alliances
0:55 - Belarus' push for broader Eurasian summit
1:26 - BIS intervention and Enbridge platform developments
2:09 - People's Bank of China's digital RMB cross-border system
3:25 - Expansion of China's digital bridge system
4:27 - Lavrov discusses BRICS expansion and global de-dollarization
5:11 - New BRICS payment system for member and non-member countries
6:00 - SWIFT alternatives and settlement in gold
7:01 - Growing impact of BRICS and Belt and Road integration
8:26 - Strategic advantages of Eurasian and Belt Road countries
8:52 - BRICS' independence from BIS and rising momentum
9:23 - Tariffs on gold bars and market implications
10:12 - Triffin's dilemma and U.S. trade deficits
11:52 - Potential risks to U.S. economy and dollar dominance
12:05 - Closing thoughts on Trump and global economic shifts
Iraq Economic News And Points To Ponder Monday Afternoon 4-28-25
Last Week, Iraq's Oil Exports To The US Increased By 170,000 Barrels Per Day
Economy | 01:47 - 04/27/2025 Mawazine News - Follow-up Iraq's oil exports to the United States rose last week. The U.S. Energy Information Administration said Sunday that "U.S. crude oil imports from ten major countries averaged 4.831 million barrels per day last week, down 255,000 barrels per day from the previous week's average of 5.086 million barrels per day."
Last Week, Iraq's Oil Exports To The US Increased By 170,000 Barrels Per Day
Economy | 01:47 - 04/27/2025 Mawazine News - Follow-up Iraq's oil exports to the United States rose last week. The U.S. Energy Information Administration said Sunday that "U.S. crude oil imports from ten major countries averaged 4.831 million barrels per day last week, down 255,000 barrels per day from the previous week's average of 5.086 million barrels per day."
"Iraq's oil exports to the US averaged 170,000 barrels per day, up from 136,000 barrels per day the previous week," the agency added. The agency noted that the largest portion of US oil revenues last week came from Canada, with 3.258 million barrels per day, followed by Mexico, with 381,000 barrels per day, Saudi Arabia, with 298,000 barrels per day, and Ecuador, with 189,000 barrels per day.
The agency continued, "US crude oil imports from Colombia averaged 178,000 barrels per day, Nigeria averaged 155,000 barrels per day, Venezuela averaged 146,000 barrels, Libya averaged 29,000 barrels per day, and Brazil averaged 28,000 barrels per day." https://www.mawazin.net/Details.aspx?jimare=260931
The Central Bank Announces The Launch Of The Arab Financial Inclusion Week 2025.
April 27, 2025 Under the slogan "Promoting the Integration of People of Determination and Vulnerable Groups into the Formal Financial System,"
Financial Inclusion Week activities in Iraq kicked off this morning, Sunday, April 27, and will continue until May 5 of this year.
These activities are in line with the Central Bank of Iraq's efforts to promote financial inclusion in society and raise financial and banking awareness among various segments of society,
especially those least benefiting from formal financial services.
This contributes to supporting economic and social development and achieving sustainability.
This week's activities include workshops, exhibitions, direct awareness campaigns, and field trips aimed at spreading financial literacy across bank branches and financial institutions spread across all governorates.
Activities will also be organized outside of branch locations in coordination with the Islamic Banks Association, the Private Commercial Banks Association, and the "We Will Reach You" and "I Spend It" campaigns, both approved by the Central Bank. https://cbi.iq/news/view/2864
The Central Bank concludes the Certified Bank Branch Manager course.
April 27, 2025 The Center for Banking Studies at the Central Bank of Iraq concluded the
"Certified Bank Branch Manager (CBBM)" course.
The course targeted
branch managers and their assistants,
executive management, and
sales,
marketing, and
customer service managers.
The course's training program included "Managing daily banking operations professionally and applying innovative strategies in risk and credit management."
Participants received special training on the mechanisms for developing strategic plans for bank branches.
Participants learned
data analysis skills,
banking decision-making,
designing innovative marketing plans, and
increasing customer loyalty.
Central Bank of Iraq Media Office April 27, 202 https://cbi.iq/news/view/2865
Baghdad Exchange Rates: 145,500 Dinars Per 100 Dollars
Economy | 01:44 - 04/27/2025 Mawazine News – Baghdad The exchange rate of the US dollar against the Iraqi dinar rose slightly in the currency markets in the capital, Baghdad.
The dollar price rose on the Al-Kifah and Al-Harithiya stock exchanges to 144,550 Iraqi dinars for every $100, while the price was 144,350 dinars for every $100 on Saturday morning.
The selling price in exchange shops in the local markets in Baghdad reached 145,500 Iraqi dinars for every $100, and the buying price reached 143,500 dinars for every $100. https://www.mawazin.net/Details.aspx?jimare=260930
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/