Ariel : Iraqi Dinar, Tuning into What is Moving the Needle

Ariel : Iraqi Dinar, Tuning into What is Moving the Needle

10-15-2025

Iraqi Dinar: And Other News (Tuning Into What Is Moving The Needle) What Do We Have Today?

Look, if you’ve been holding onto Iraqi dinars for years, stashed away in that safe deposit box or digital wallet, hoping for the day it all clicks into something real, today’s announcement from the Central Bank of Iraq hits different.

It’s not some pie-in-the-sky rumor floating around the forums anymore Deputy Governor Ammar Khalaf just laid it out plain: they’re gearing up to lop off those zeros from the dinar, easing the headache of lugging around stacks of notes just to buy groceries.

For American holders, this isn’t abstract econ-speak; it’s the green light to finally convert those bricks of paper into USD that could rewrite your retirement, pay off the mortgage, or hell, just breathe easier on a Tuesday.

But let’s keep it real this move doesn’t happen in a vacuum. It’s tangled up in the gold they’re hoarding now at 170 tons, a stash that’s jumped from 90 tons in a blink, making up 20% of their assets and landing Iraq fourth in the Arab world, 29th globally.

That’s not just shiny metal; it’s a backstop whispering stability in a region that’s been anything but.

Redenomination sounds dry, like something out of a textbook, but picture this: right now, a 25,000-dinar note gets you a tank of gas if you’re lucky. Strip three zeros, and that same note morphs into 25 dinars, backed by a currency that’s no longer wheezing under inflation’s weight.

Experts like Mahmoud Dagher have been saying for months it won’t spike purchasing power overnight, but it streamlines everything banking, trade, everyday math without the floating rate chaos that could tank the value.

For you stateside, clutching those pre-zero notes, the exchange window opens wide: banks like Chase or Wells Fargo, long skittish about dinar trades, start processing at official rates pegged closer to real value, maybe hovering around that elusive 1:1 dream without the scams.

I’ve got whispers from a contact in the Treasury’s back channels folks who track these flows who say the mechanics are already in beta testing with select vaults in New York and Houston.

 No more black-market hustles; this is institutional, life-altering liquidity hitting your account in weeks, not years.

Quote: Muhammad told Jarida, “Deleting the currency’s zeros is a regulatory process that does not conflict with its value, but this step needs educational campaigns to precede it, and a transitional period for trading the currency with its zeros and the new currency to know that the two currencies are equal in value. He stressed, “Printing new denominations must be proportional to the market’s need to cover daily trading, provided that there is not a significant increase in the monetary supply in the market so that inflation does not occur. End Quote

From Majeed:

Iraq will remove the zeros from their currency

Central Bank: Gold reserves reached 170 tons. And the “intention” to remove the zeros from the dinar.

Baghdad Today – Baghdad

The Central Bank of Iraq announced on Tuesday, October 14, 2025, its gold reserves with its intention to delete zeros from the Iraqi currency.

The Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by “Baghdad Today”

“The Central Bank of Iraq raised its gold possession from 90 tons t .170 tons at the moment.

Khalaf added that “this amount of gold now constitutes 20% of the total assets of the Central Bank, and Iraq currently ranks fourth in the Arab world in the possession of gold and globally.

The Deputy Governor of the Central Bank stressed that “there is no intention to float the exchange rate of the Iraqi dinar, so as not to affect the stability of the economy at the moment Khalaf revealed that “there is an intention to remove zeros from the Iraqi dinar in order to alleviate the burden of the”. accumulation of banknotes on the financial sector.

No floating ….

Immediate change in the exchange rate. That’s why they mentioned the amount of gold they have. Since the IMF ordered Iraq in 2024 to back up their currency with gold.

Read Full Article:  https://www.patreon.com/posts/iraqi-dinar-and-141237419

https://dinarchronicles.com/2025/10/15/ariel-prolotario1-iraqi-dinar-tuning-into-what-is-moving-the-needle/

Iraq Economic News and Points To Ponder Wednesday Morning 10-15-25

Does The Central Bank Intend To Remove Zeros From The Dinar?

Economy | 11:08 - 10/14/2025  Mawazine News - Baghdad -  The Central Bank of Iraq announced, on Tuesday, its gold reserves and its intention to remove zeros from the Iraqi currency.

The Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Mawazine News, that: "The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time."

Khalaf added that "this amount of gold now constitutes 20% of the total assets of the Central Bank, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally."

The Deputy Governor of the Central Bank confirmed that "there is no intention to float the exchange rate of the Iraqi dinar, so as not to affect the stability of the economy at the present time."

Khalaf revealed that "there is an intention to remove zeros from the Iraqi dinar in order to ease the burden of hoarding banknotes on the financial sector."  https://www.mawazin.net/Details.aspx?jimare=268477

Central Bank: Gold Reserves Reach 170 Tons, With Intention To Remove Zeros From Dinar

Buratha News Agency1132025-10-15  The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency.

Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, "The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time."

Khalaf added, "This amount of gold now constitutes 20% of the Central Bank's total assets, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally."

The Deputy Governor of the Central Bank confirmed that "there is no intention to float the Iraqi dinar exchange rate, so as not to affect the stability of the economy at the present time."

Khalaf revealed that "there is an intention to remove zeros from the Iraqi dinar to ease the burden of banknote hoarding on the financial sector."   https://burathanews.com/arabic/economic/466485

A Government Advisor Outlines The Reasons For The Global Rise In The Yellow Metal.

economy | 01:13 - 10/14/2025  Mawazine News - Baghdad -  Muzhar Mohammed Salih, advisor to the Iraqi Prime Minister, revealed on Tuesday the reasons for the rise in global gold prices, noting that Iraq diversifies nearly 15% of the value of its foreign currency reserves with gold.

Salih said, "There is a violent cycle of strategic asset cycles in the world, led by gold, which has broken the $4,000 per ounce barrier," indicating that "since 1971 and until today, the dollar has remained the dominant currency in dollar trade settlement transactions, dominating nearly 83% of the international payments system and about 50% or more of countries' official reserves."

He added, "Despite this, gold remains a standard percentage in diversifying the investment portfolios of central banks, including Iraq, which diversifies nearly 15% of the value of its foreign currency reserves with gold. This is a conservative diversification that is considered good in light of the fluctuations in foreign currency value risks."

According to Saleh, "The reasons behind the rise in gold prices, which led to increased demand, are due to gold being considered a safe haven in a turbulent global order," indicating that "geopolitical tensions (Ukraine, the Middle East, Taiwan) increased market risks, prompting central banks and investors to rush to gold as an asset that does not rely on political confidence."

He concluded by saying, "The main reason behind the rise is China's recent rush to buy gold to push its currency into the global currency club at the required speed, reinforced by a strategic asset, which is gold. This is the reason behind the rise in global gold prices, as it marks the beginning of a currency war between China and the United States, with China facing off against a trade war between them and the United States threatening to raise tariffs to 100% with China."
https://www.mawazin.net/Details.aspx?jimare=268435

Find Out The Exchange Rates In Baghdad Today.

Economy | 10/14/2025  Mawazine News – Baghdad  Mawazine News publishes today, Tuesday, the exchange rates of the US dollar against the Iraqi dinar in local markets in the capital, Baghdad.
- Selling: 142,500 dinars for every $100    - Buying: 140,500 dinars for every $100.
https://www.mawazin.net/Details.aspx?jimare=268431

Gold Prices Rise To Record High

Tuesday, October 14, 2025 | Economics Number of reads: 282  Baghdad/ NINA /Gold prices rose to a record high on Tuesday amid renewed trade tensions between the United States and China, which increased uncertainty and boosted demand for safe havens, while expectations of a US interest rate cut also supported prices.

Spot gold rose 0.4% to $4,124.79 per ounce, after hitting a record high of $4,131.52 earlier in the session.

US gold futures for December delivery rose 0.3% to $4,143.10.

Gold has jumped 57% since the beginning of the year and surpassed $4,100 for the first time on Monday, supported by geopolitical and economic concerns, expectations of interest rate cuts, massive central bank buying, and exchange-traded fund inflows. Spot

silver rose 0.3% to $52.49 per ounce, after hitting $52.70 earlier in the day. Platinum rose 0.5% to $1,653.45, while palladium gained 1.6% to $1,498.25, its highest level since May 2023.
https://ninanews.com/Website/News/Details?key=1256913

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com

Seeds of Wisdom RV and Economics Updates Wednesday Morning 10-15-25

Good Morning Dinar Recaps,

The Soul of a Nation, The Price of Peace: The Hidden Economics Behind the Gaza ‘Riviera’ Plan

The war united Palestinians through shared suffering; this “peace” is designed to divide them through engineered inequality.

The Blueprint: From Rubble to Riviera

• The so-called “ceasefire” in Gaza has been followed by quiet planning for redevelopment projects that echo the “Gaza Riviera” concept—an ambitious reconstruction agenda proposed under Western and Gulf funding frameworks.

• Washington Post reporting revealed a leaked 38-page plan envisioning Gaza transformed into a luxury coastal zone under international trusteeship, complete with AI-driven smart cities and “voluntary relocation incentives” for displaced families.

• The Guardian dismissed the same plan as an “insane attempt” to gentrify genocide, turning dispossession into real estate opportunity.

• The New Arab likewise described the initiative as a “gentrification of destruction,” where land clearance through war becomes the entry ticket for investors.

🌱 The transformation of Gaza into a “Riviera” reframes humanitarian aid as asset recovery—peace through profit.

The Faustian Bargain of Security

• To enforce such a scheme, Israel would need to rely on its most hardline security factions, effectively militarizing reconstruction.

• Analysts warn this will deepen the garrison-state model, where peace exists only under surveillance and coercion.

• The Washington Institute notes that economic peace models fail when they disregard Palestinian sumud—steadfastness—and identity. The more authorities impose order through profit and power, the more resistance becomes cultural rather than armed.

• This represents the sacrifice of national ethos for administrative control, creating a brittle, intolerant state architecture that cannot coexist with pluralism.

🌱 Security imposed through inequality breeds long-term instability; it preserves dominance but destroys legitimacy.

The Inevitable Backlash

• Think Global Health highlights that Gaza now exists in a “gray zone” between war and recovery—where reconstruction is weaponized as governance.

• Economic pacification—the belief that jobs, aid, and infrastructure can erase collective trauma—ignores intergenerational memory.

• The sight of “smart towers” and luxury marinas rising over ancestral rubble will not symbolize renewal but injustice institutionalized.

• Displacement narratives, inherited through generations, sustain the moral and social cohesion that occupation seeks to dissolve.

🌱 No welfare program can neutralize the memory of loss. Peace without justice is only a prelude to rebellion.

Conclusion: The Illusion Before the Storm

• This “peace” is the calm before the structural storm—a lull that conceals new systems of control.

• When it shatters, the eruption will not merely reignite war; it will reject a global order that monetizes morality and trades freedom for stability.

• The “Gaza Riviera” is more than a reconstruction plan—it is a litmus test of whether the world will accept financialized peace as a substitute for human dignity.

Why This Matters

The postwar blueprint for Gaza exposes how modern conflict transitions seamlessly into economic colonization.
Behind every ceasefire lies a contract; behind every “rebuild” a ledger. What is being sold as reconstruction is, in truth, the commodification of peace itself.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources

1. Washington Post – Gaza postwar plan envisions ‘voluntary’ relocation and AI smart cities

2. The Guardian – Leaked ‘Gaza Riviera’ plan dismissed as ‘insane’ attempt to cover ethnic cleansing

3. The New Arab – The Gaza Riviera plan: Gentrifying Israel’s genocide

4. Washington Institute – When Riviera Meets Sumud: Why Palestinian Realities Don’t Mesh with Trump’s Gaza Plan

5. Think Global Health – The Gaza Gray Zone: Between War and Recovery

~~~~~~~~~

Shutdown Shockwaves: America’s Fiscal Freeze Hits States, Markets, and the World

What began as a political standoff has grown into a full-scale disruption of U.S. data, markets, and state operations — shaking confidence at home and abroad.

A Fiscal Crisis Grows Beyond Washington
The U.S. government shutdown, once seen as a partisan standoff, is now reverberating far beyond Capitol Hill. As federal operations halt and data flow dries up, both domestic agencies and global markets are struggling to see clearly.

• Federal data releases — crucial for everything from GDP tracking to inflation forecasting — have been suspended, leaving investors and policymakers “flying blind,” as JPMorgan analysts warned.

• State-level fallout is accelerating: according to the National Conference of State Legislatures (NCSL), federal funding interruptions are already straining key programs in health, education, and food assistance.

• Global markets are feeling the chill, as foreign investors begin to reassess U.S. credit stability amid another Washington deadlock.

🌱 The immediate result is not only an economic pause, but a crisis of visibility — one where decision-makers lack the data and stability to act decisively.

Markets Sound the Alarm
Wall Street’s patience is wearing thin. JPMorgan economists have warned that even a short shutdown could shave 0.2% off quarterly GDP, while prolonged disruption would risk financial contagion through delayed contracts and suspended wages.

• Bond yields have risen as uncertainty grows, signaling tightening liquidity and fading investor confidence.

• Newsweek reports mounting fears that “a prolonged impasse could trigger a domino effect” across federal and private sectors.

• Consumer confidence — already fragile — is at risk of another slide if Americans begin to fear unpaid benefits and delayed tax refunds.

🌱 Markets can price in risk, but not dysfunction. The shutdown underscores the cost of political theater in a system that underpins the global economy.

States Brace for Fiscal Fallout
For states, the federal impasse is more than symbolic. NCSL’s latest update highlights the exposure of state-run programs reliant on federal flows.

• Medicaid, SNAP, and housing programs face immediate funding uncertainty, forcing local governments to tap reserves or issue temporary aid.

• Education and infrastructure projects tied to federal grants could see midyear delays or cancellations.

• Emergency services in some states are preparing for federal backlogs that could hinder disaster response if the shutdown extends into November.

🌱 The consequences illuminate how deeply federal spending is woven into the fabric of state governance — and how fragile that interdependence becomes when Washington stalls.

The Global Dimension
Beyond domestic tremors, the U.S. shutdown is eroding international confidence in America’s fiscal governance.

• BBC News reports rising concern among allies and financial institutions about the repeated brinkmanship that now defines U.S. budget cycles.

• Foreign markets dependent on U.S. Treasury stability are beginning to hedge — not against default, but against dysfunction.

• Global policy coordination is also affected, as critical U.S. data like employment and inflation figures are unavailable, limiting G7 and BRICS central bank modeling.

🌱 The world’s financial infrastructure depends on American reliability — a reputation now strained by domestic paralysis.

Why This Matters

This shutdown is not just a bureaucratic freeze; it’s a signal to the world that the U.S. fiscal engine — once seen as immovable — can stall under political strain. The inability to produce basic economic data, fund state programs, or reassure markets exposes a deeper structural vulnerability: the politicization of financial governance.

This is not just politics — it’s global finance restructuring before our eyes.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:
• National Conference of State Legislatures (NCSL)
• JPMorgan Research
• Newsweek – U.S. Economy Warning
• BBC News – Shutdown Implications

~~~~~~~~~

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Thank you Dinar Recaps

“Tidbits From TNT” Wednesday Morning 10-15-2025

TNT:

Tishwash:  Central Bank: Gold reserves reach 170 tons, with intention to remove zeros from dinar

 The Central Bank of Iraq announced, on Tuesday, October 14, 2025, its gold reserves and its intention to remove zeros from the Iraqi currency.

Deputy Governor of the Central Bank, Ammar Khalaf, said in a press statement, followed by Baghdad Today, that: "The Central Bank of Iraq has increased its gold holdings from 90 tons to 170 tons at the present time."

Khalaf added, "This amount of gold now constitutes 20% of the Central Bank's total assets, and Iraq currently ranks fourth in the Arab world in gold holdings and 29th globally."

The Deputy Governor of the Central Bank confirmed that "there is no intention to float the Iraqi dinar exchange rate, so as not to affect the stability of the economy at the present time."

Khalaf revealed that "there is an intention to remove zeros from the Iraqi dinar to ease the burden of banknote hoarding on the financial sector."  link

Tishwash:  Al-Sudani's advisor identifies the reasons for the global rise in gold and reveals the value of Iraq's reserves. 

On Tuesday, advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed the reasons for the rise in global gold prices, noting that Iraq diversifies approximately 15% of its foreign currency reserves into gold.  

Saleh told Shafaq News Agency, "There is a violent cycle of strategic asset cycles in the world, led by gold, which has broken the $4,000 barrier per ounce." He indicated that "the dollar has remained the dominant currency in dollar trade settlements since 1971 until today, dominating nearly 83% of the international payments system and about 50% or more of countries' official reserves."

He added, "Despite this, gold remains a standard component of diversifying the investment portfolios of central banks, including Iraq, which diversifies approximately 15% of the value of its foreign exchange reserves into gold. This conservative diversification is considered good in light of the fluctuations in foreign exchange value risks."

According to Saleh, "The reasons for the rise in gold prices, which has led to increased demand, are due to the fact that gold is considered a safe haven in a turbulent global system," noting that "geopolitical tensions (Ukraine, the Middle East, Taiwan, etc.) have increased market risks, prompting central banks and investors to turn to gold as an asset that is not dependent on political confidence."

He emphasized that "the erosion of confidence in the US dollar due to the rise in the US federal debt and the politicization of the use of the dollar in international sanctions has prompted many countries (especially China, Russia, India, Turkey, and a number of others) to diversify their reserves away from the US currency."

Saleh continued, "Gold has emerged as a monetary alternative in the post-dollar system. Since 2022, BRICS countries and countries of the Global South have been moving towards rebuilding their gold reserves as part of their strategy to reduce reliance on the dollar in inter-trade. China, in particular, purchased more than 300 tons of gold through the Shanghai Stock Exchange in 2024 to bolster the gold yuan and cover part of its non-dollar reserves, and it continues to do so to a large extent."

Al-Sudani's advisor continued, "Gold is not treated as an ordinary commodity, but rather as a parallel reserve currency in the making, as it is considered relevant to global monetary policies. Declining expectations of a US interest rate cut have prompted investors to turn to gold, which undoubtedly retains its value as a safe haven."

Saleh concluded by saying, "The main reason behind the rise is China's recent rush to buy gold to propel its currency into the global currency club at the required speed, reinforced by the strategic asset of gold. This is the reason behind the rise in global gold prices, as it is the beginning of a currency war between China and the United States, and China versus the trade war between them, and the United States' threat to raise tariffs to 100% with China."

Gold prices have skyrocketed in Iraq over the past period, with the selling price of a 21-karat mithqal of gold in Baghdad's goldsmith shops reaching 820,000 dinars, while the selling price of a mithqal of Iraqi gold ranged between 780,000 and 790,000 dinars. In Erbil, the capital of the Kurdistan Region, 21-karat gold sold for 833,000 dinars, and 18-karat gold sold for 715,000 dinars.  link

************

Tishwash: The Article 140 Implementation Committee informs the citizens

The committee to the citizens: Complete the deficiencies of your transactions in a week

The Article 140 Implementation Committee has issued a notice calling on all citizens whose transactions remain incomplete to visit the centers where they have previously completed their transactions within a week, in order to complete their work as soon as possible; The notice also applies to citizens whose transactions are incorrect. 

The Article 140 Implementation Committee issued a notice on its social networking site on Monday, October 13, 2025, saying that after the completion of all transactions will be sent to the accounting department for the purpose of issuing compensation cheques.

Regarding the working hours of the committee stations, he explained that citizens can visit the stations on Saturdays from 8 am to 2 pm, but from Sunday to Thursday, from 8 am to 4 pm in all provinces and cities and towns will welcome citizens. 

In this regard, Kakarash Sadiq, head of the Kirkuk office of Article 140 told Kurdistan 24, this is an administrative measure, the purpose is to complete the transactions of citizens who have problems in their transactions, preparations for the payment of compensation. 

He added that more than 5,000 transactions of citizens remain, there are shortcomings and citizens should visit the centers of the Article 140 committee and complete their transactions within the period specified by the committee. 

He said there are about 60,000 single-form transactions, which were displaced from the villages to the cities, this decision applies to them, who must visit the committee's bases to carry out their work. 

Regarding the citizens who have received compensation cheques, Kakarash Sadiq said that 42,000 Kurdish citizens and 18,000 imported Arabs have been compensated, and those who remain are expected to be given compensation checks after the parliamentary elections and the approval of the annual budget.   link

Mot: UH OH!!! -- Here We Go Again!!!! 

Mot: Yippie Kai Yaaaaa !!!!!  

FRANK26…10-14-25……IRAQ IS READY

KTFA

Tuesday Night Video

FRANK26…10-14-25……IRAQ IS READY

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

What Frank’s suit color’s mean…. FRANKS SUIT COLORS FOR CC'S..... WHITE = NEW INFO…. SILVER = INTEL FROZEN…. RED= HIGH ALERT… PURPLE=GUEST WITH US…. BLUE = AIR FORCE…. BLACK = GROUND/FF’S…. GREEN= MR OR FAB 4 ... GOLD = CHANGE… ORANGE=IMPLEMENTATION

https://www.youtube.com/watch?v=O4Zmrs3KbeQ

Iraq Economic News And Points To Ponder Tuesday Afternoon 10-14-25

Internal Audit Directorate Tasks
 
October 13, 2025    The Internal Audit Directorate is one of the main pillars in   promoting good governance and   corporate oversight      at the Central Bank of Iraq.
 
Through its independent and objective assurance and advisory activities,   it assists management in      improving its operations and      fulfilling its responsibilities efficiently and effectively.

This is achieved by verifying the   soundness and integrity of the Bank’s various activities and the   extent of their compliance with and adherence to   established laws,   regulations,   instructions,   policies and      plans.
 
It also assists the Bank in achieving its objectives by   evaluating and   improving the   effectiveness of   risk management,  internal control and   governance.
 
The Directorate's work is based on the   Internal Audit Charter and the   Central Bank's strategy.
 
It is administratively linked to the Governor   and technically to the Audit Committee      emanating from the Bank's Board of Directors.
    
The approach taken
 
The Internal Audit Directorate of the Central Bank of Iraq is committed   to implementing the international standards     issued by the Institute of Internal Auditors (IIA).
 
It operates with complete independence to ensure the   objectivity of results and the   quality of reports,      contributing to achieving the highest levels of efficiency and transparency.
 
This is achieved through an annual audit plan   prepared in accordance with the core internal audit services of confirmatory tasks and   providing advice and consultations with the aim of      adding value to the bank's business.
    
First: Confirmatory tasks
 
Ensure that all Central Bank departments comply with approved   laws,   instructions,   policies and   procedures.
 
Evaluating and improving the   efficiency and   effectiveness  of    regulatory controls and   risk management, and   ensuring the integration of operations with the bank’s strategic objectives.
 
Evaluating the efficiency and suitability of resources,   and the extent to which they are optimally utilized.
 
Evaluating the reliability and validity of financial and accounting information.
 
Verify the existence of assets and the integrity of the means used to protect them.
 
Evaluating the efficiency, adequacy and suitability of electronic systems and technologies
   in accordance with accepted standards and practices.
 
Evaluating the efficiency and effectiveness of the bank's cybersecurity procedures.
 
Evaluating the   efficiency and   effectiveness   of operations performed by the bank's departments
 
Contribute to achieving the bank’s objectives   through continuous evaluation   of the   efficiency and   effectiveness of approved procedures and systems.

Second: Planning and consulting tasks
 
Preparing the annual risk-based internal audit plan and    presenting it to the Audit Committee for approval.
 
Preparing and reviewing the internal audit charter.
 
Preparing reports on audit and evaluation results,   submitting appropriate recommendations, and      following up on their implementation.
 
Cooperating with external regulatory bodies,   studying their comments, and   providing appropriate responses.
 
Providing opinion and advice to management and organizational units   on non-routine matters upon their request.
 
Contribute to internal investigations in accordance with approved methodologies and
   as requested by senior management.
 
Participation in permanent and temporary committees and working groups   in accordance with approved methodologies and   in a manner that does not conflict with international standards for internal auditing.
 
Study and develop approved procedures in accordance with   international standards for internal auditing.   https://cbi.iq/news/view/3010 

The Central Bank Begins The Actual Implementation Of The Comprehensive Banking Reform Project.
 
Samir Al-Nusairi   The Central Bank's efforts and actions,   in partnership and consultation with private banks,  have been fruitful in facilitating the implementation of the  objectives,  programs,  mechanisms, and  standards of the comprehensive banking reform project,  in cooperation with the  government and the  global consulting firm Oliver Wyman.
 
The primary objective is to build a   sound,   modern,   comprehensive and   flexible banking sector      that will         drive rapid growth in the national economy and contribute to  achieving a cumulative increase in the gross domestic product and    growth in the market value of the banking sector.
 
Given that economic reform begins with banking reform, the challenges facing the Iraqi economy and the opportunities for reform in the banking and financial sector    are highlighted in the    government's program, as are the  prospects of the Central Bank's future vision for the  role of the banking sector in achieving sustainable development and investment,   and the  efforts currently being made to   activate and   revolutionize productive economic sectors other than oil, to  diversify sources of national income and  achieve financial sustainability and   rapid growth for the national economy.

The Central Bank's role in   regulating foreign trade financing and   completing infrastructure projects to    achieve comprehensive digital transformation and      expand the use of electronic payment tools to      achieve financial inclusion  will contribute to providing opportunities for  reform,   development,    empowerment,   growth    of the private banking sector during 2025-2028, as follows:
 
First: Developing the Iraqi banking system and its  compliance with international banking and accounting standards.
 
Second: Building a solid, modern, comprehensive and flexible banking sector.
 
Third: Enhancing citizens’ confidence in the banking sector locally and internationally, and  acknowledging its   transparency,   progress, and   strict commitment to international standards, and   gaining the trust of reputable correspondent banks to deal with it.
 
Fourth: Rehabilitating restricted and weak banks to return to activity in the banking market   with full internal and external activities.
 
Fifth: Converting banks to their primary function,  which is financing and bank lending  development.   Enhancing      financial inclusion and    ncreasing its current rate as planned.
 
Sixth: Strengthening the   procedures and   decisions for the  transition    from a cash economy    to a digital economy,    withdrawing funds outside the banking cycle, which constitute   approximately 80%, and    introducing them into the banking system.
 
Although all the above objectives have a three-year implementation period   according to the banking reform project and the Central Bank strategy, what has been achieved in 2023 and 2024 and up to 6/30/2025 in terms of  building foundations,  rules and pillars   that have formed a supporting pillar in building the   mechanisms and   paths of the desired reforms, and they   constitute ambitious percentages as announced,  which will lead to the evaluation and classification of banks  based on their achievement of the planned objectives  in the reform Project     according to the internationally approved standards and criteria.    https://economy-news.net/content.php?id=61086  

Iraq’s Central Bank Boosts Financial Transformation Through Strategic Programs
 
    Iraq    Amr Salem   October 13, 2025  944    The new headquarters of the Central bank of Iraq (CBI). Baghdad (IraqiNews.com) – The Prime Minister’s Advisor for Banking Affairs, Saleh Mahoud, confirmed on Saturday that the   Central Bank of Iraq (CBI) is moving forward      with three strategic programs to advance financial transformation.
 
Mahoud told the state-run news agency (INA) that the CBI is currently working on three important initiatives, which are the   local electronic card,   express payment, and the   billing system.
 
The CBI currently has timetables for completing these three initiatives to ensure    a progressive increase in financial inclusion levels, according to Mahoud.
 
The Iraqi official added that   Iraq frequently benefits from international expertise, particularly in the      banking sector and      digital transformation.
 
CBI Governor Ali al-Alaq revealed on Thursday that the   bank has received approximately 80 applications to create digital banks       in the country.
 
Oliver Wyman, a leading international management consulting firm, is reviewing the   criteria set by the CBI to issue licenses for digital banks in the country, according to al-Alaq.
 
Al-Alaq said earlier that   digital banks signify a change in orientation   toward an approach that is entirely consistent with      technological advancements and         their application to a range of operations.
 
The Iraqi official indicated that digital banks’ annual financial transaction volume   has reached around $5 trillion and      is expected to reach roughly $7 trillion by 2027.
 
Artificial intelligence,encryption, andbig data analytics   are examples of cutting-edge technology       that have fueled the rise of digital banks.
 
The licensing of digital banks is a critical first step   in incorporating these cutting-edge technologies into Iraq’s banking system,  with the goal of  improving client financial services and  promoting innovation and industry competitiveness.    
  
https://www.iraqinews.com/iraq/iraqs-central-bank-boosts-financial-transformation-through-strategic-programs/ 

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com

Seeds of Wisdom RV and Economics Updates Tuesday Evening 10-14-25

Good Evening Dinar Recaps,

Powell Hints at a Turning Point: Are the Days of High Rates Numbered?  Today

In his NABE speech, Powell struck a more explicit tone than in recent speeches, tentatively flagging balance sheet limits, labor risks, and a path toward easing, without breaking precedent.

A More Direct Tone Than Before

On October 14 at the National Association for Business Economics conference in Philadelphia, Fed Chair Jerome Powell delivered remarks that went beyond what he said on October 9. He acknowledged that the U.S. economy “may be on a firmer trajectory than expected” while warning that the labor market remains weak. 

Key elements from his speech:

• He emphasized the tension between inflation pressures and employment weakness. 

• He signaled that the Fed may be getting close to pausing the shrinkage of its balance sheet (QT), citing signs of tightening liquidity such as firming repo rates. 

• He reinforced that future decisions will be meeting by meeting, relying on evolving data rather than committing to a pre-set path. 

While his statements were more explicit than in his earlier community banking remarks, he avoided making any firm promises: no guaranteed rate cuts, no specific timeline, just cautious openness.

Was It More Encouraging for Americans?

Yes — but with important caveats.

What makes it more encouraging:

• Clarity on balance sheet limits: The notion that quantitative tightening may be nearing its end suggests the Fed is preparing to transition from contraction to neutrality or gentle accommodation. 

• Recognition of labor fragility: By highlighting weak hiring, Powell shows awareness that policy must consider real economic stress, not just inflation metrics. 

• No rush but openness: The meeting-by-meeting approach suggests flexibility, leaving the door open for rate cuts if conditions warrant. 

What limits the encouragement:

• Delayed economic data: Because of the government shutdown, many key reports (jobs, CPI) are delayed. This “data blackout” makes it harder for any Fed signal to be decisive. 

• Inflation remains a threat: Powell continues to balance the risks of inflation getting out of control against supporting growth — the trade-off remains delicate. 

• No commitment to cuts: He didn’t promise rate cuts or quantify how close the Fed is to easing. The language remains conditional.

This speech is more overt than in recent days in signaling potential easing, more grounded in macro realities, and thus relatively more reassuring for Americans — but still cautious and noncommittal.

How It Aligns with our Changing Financial System

“This is not just politics — it’s global finance restructuring before our eyes.”

• Monetary policy as geopolitical instrument: Powell’s handling of balance sheet, interest rates, and liquidity is not just economic — it’s a component of U.S. financial power in a global system under stress.

• Subtle shifts matter: The move from tightening to signaling the end of QT is a behind-the-scenes recalibration of how money is deployed in markets — structural change in motion, not in obvious stunts.

• Capital flows & dollar posture: As the U.S. adjusts, global investors and rival blocs (e.g. BRICS) can respond. Rate cuts or easier liquidity could weaken the dollar, shift yield arbitrage, and accelerate global rebalancing.

• Policy legitimacy under pressure: Powell defended past bond purchases and institutional tools amid political criticism. That interplay underscores how even technical policy is a battleground in global finance. 

In sum: the speech is a clearer signal of internal recalibration in U.S. monetary machinery — one small pivot in a larger transformation of global financial order.

What to Watch Next

• Upcoming jobs & inflation reports (once the shutdown ends) — they’ll test whether Powell can follow through.

• The Fed’s October meeting (Oct 28–29) — markets will see whether the subtle signals turn into action.

• Reactions from regional Fed presidents and governors — to see where internal alignment is heading.

• Global market flows and yield curves — how U.S. policy tilts might shift capital across borders.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:
• Reuters — Fed’s Powell says economy may be on firmer footing, but job market weak Reuters
• Reuters — Fed’s Powell says end of balance sheet drawdown may be nearing Reuters
• Reuters — Fed addresses economy pulled between growth, jobs, prices Reuters
• Investing.com — Powell signals QT may end soon Investing.com
• AP News — Slowdown in U.S. hiring suggests the economy still needs rate cuts, Powell says AP News
• Axios — Powell defends bond purchases amid criticism Axios
• Investopedia — Powell Keeps Door Open for Rate Cuts Investopedia
• Reuters — Economists see stronger U.S. growth, weak job gains, stickier inflation Reuters

~~~~~~~~~

BRICS Currency Backed by Gold and XRP Shows Impressive Progress

BRICS nations are advancing toward a gold-backed currency system utilizing XRP, signaling a significant shift in global financial dynamics.

Key Developments in BRICS Currency Initiative

• Central Bank Engagement: BRICS central banks, alongside the New Development Bank, have been actively developing the XRP Ledger for years, focusing on features like escrow and automation to facilitate cross-border payments. 

• Brazil's Involvement: Brazil's central bank has published papers specifically naming Ripple in its tests of distributed ledger systems, and private sector projects in Brazil are already utilizing XRPL for tokenization and financing. 

• Russia and China's Strategy: Russia is working on tokenizing its gold reserves, while China is expanding its gold holdings to support a future financial system.

 Global Implications

• De-Dollarization Efforts: The BRICS initiative aims to reduce reliance on the U.S. dollar by creating an alternative financial system that leverages gold and XRP. 

• Enhanced Trade Efficiency: Utilizing XRP's fast and cost-effective transaction capabilities, BRICS nations seek to streamline trade settlements across multiple payment corridors. 

• Geopolitical Shifts: This move represents a strategic alignment among BRICS countries to assert greater control over their financial systems and reduce vulnerability to external economic pressures. 

Interpretation: A Quiet Revolution in Global Finance

The BRICS nations' shift towards a gold-backed currency system utilizing XRP signifies a deliberate and coordinated effort to establish a financial framework independent of traditional Western-dominated systems. This development underscores a broader trend of de-dollarization and the pursuit of financial sovereignty among emerging economies.

Why This Matters

This is not just politics — it’s global finance restructuring before our eyes.

The integration of XRP into a gold-backed BRICS currency system represents a significant departure from conventional financial structures. By leveraging blockchain technology and precious metals, BRICS nations are crafting a resilient and efficient alternative to existing systems, potentially reshaping global trade and economic alliances.

Seeds of Wisdom Team
Newshounds News™ Exclusive

Sources:

• Watcher Guru

~~~~~~~~~

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Thank you Dinar Recaps

Tuesday Evening News with MarkZ,. 10/14/2025

Tuesday Evening News with MarkZ,. 10/14/2025

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: GE Mark, magnificent mods, and fellow Rivers!

Member: What are you hearing today Mark?

MZ: On the bond side I have somebody with a meeting on Thursday. Other than that- my best source has disappeared.

Member: That bond source is probably under a heavy NDA

MZ: I would call these rumors….but today they are very much verified. We are waiting for the articles with translations so we can share them

MZ: Conversations today …CNBC and their middle east office was talking about the value of Gold and how much Iraq has.  “ The reason for the global rise in gold and reveals the value of Iraq’s reserves”

MZ: This is a fundamental shift in the world. Voltaire: Fiat always returns to its intrinsic value of zero. This is a cycle that has happened throughout human history.

MZ: Also today in Iraqi news they talk about “new notes” being printed in 50’s, 100’s, and more. What is the Value right now of a $50 note?   About 4 cents. So why would they print a new note for that value?

Member: Central Banks , Gold reserves 170 tons with intention to remove zeros from dinar .

MZ: Yes today they talked openly about the project to delete the 3 zeros…..and increase the purchasing power of the dinar.

Member: Ok, so zeros are being dropped- what does that do? Is a25,000 now a 25 x the new rate?

 Member: It is not a lop. If they increase the purchasing power that notes becomes more valuable.

Member: so, let's say 1 dollar is equal to 1300 Iraqi dinar. 1 divided by 1300 what do you get? now take away 3 zeros after the dot. you get like .67 .  IMO

Member: Folks, there is no way that Iraq is going to bring out the “ Belle of the Ball “ at a rate that’s lower than their neighboring countries, imo. It also wouldn’t be the “ Father of the Dollar “ at .67

Member: I think Rate is currently 00076, so you move the decimal point over 3 spaces. So it's value would be 76 cents.

Member: The article says zeros will delete but don’t expect a float. What happens if the rate does not float?

MZ: They would do what we expect them to do and come out at a fixed value. A float would make rates be wild and crazy. If they do allow a float it would be a “managed float” with no wild fluctuations.

​​Member: Nader said 3 zeroes were being removed …. I have never seen Nader this excited

MZ: That fits with what I am hearing.

Member: Frank is excited also…

Member: Nader said the three zeros were coming off the currency but it’s supposed to come off the rate. Either way they would need to RI or RV.

Mod:  ​​TO FIND NADER: https://www.youtube.com/@Iraqrv

Member: Wonder how long it will be for us -if the zeros are being removed

Member: Patience is a virtue. But I wish this would go soon

Member: Thanks Mark….really looking forward to the next few days.

Dr. Jay Caprietta joins the stream tonight. Please listen to the replay for his information and opinions.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

https://rumble.com/user/theoriginalmarkz

Kick:  https://kick.com/theoriginalmarkz

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS

Youtube:      https://www.youtube.com/watch?v=8zjb4UxYlVs

Silver Market Collapsing, Dealers/Mints Shutting Down | Andy Schectman

Silver Market Collapsing, Dealers/Mints Shutting Down | Andy Schectman

Liberty and Finance:  10-14-2025

Andy Schectman of Miles Franklin reports from Aruba that the London silver market is experiencing an unprecedented liquidity crisis, with massive backwardation and lease rates soaring above 100%, surpassing even the 1980 Hunt Brothers silver squeeze.

Schectman describes premiums on U.S. Silver Eagles and Gold Eagles skyrocketing as inventories across mints, refiners, and wholesalers dry up, creating what he calls a “broken market.”

He warns that the divergence between spot and futures prices is making it nearly impossible for dealers to hedge, leading some major wholesalers to temporarily halt trading.

According to Schectman, the stress on COMEX and LBMA signals a global shift toward physical metals as investors lose faith in paper contracts.

He advises buyers to cost average their positions rather than wait for a pullback, emphasizing that this time “feels different” and may mark the beginning of a systemic shift in the precious metals market.

INTERVIEW TIMELINE:

0:00 Intro

1:30 LBMA liquidity squeeze

4:00 Premiums skyrocket, dealers shutting down

https://www.youtube.com/watch?v=eNOc1vy15EY

The Next Economic Crisis is Not What you Think

The Next Economic Crisis is Not What you Think

Heresy Financial:  10-13-2025

Over the last three decades, financial crises have frequently blindsided the public. But what if these events weren’t random? What if they followed a predictable, escalating pattern—a deadly game of hot potato where the entity that absorbs the previous crisis inevitably becomes the epicenter of the next one?

A recent detailed analysis suggests that this cycle is real, and it points to a startling conclusion: after years of absorbing private and corporate failures, the government itself is now positioned as the next major economic domino.

Here is a breakdown of this repeating cycle and the critical steps you must take to protect your financial future in an era of manipulated money.

The pattern identified in the analysis is simple yet terrifying: the crisis is never truly solved; it is merely transferred, growing larger and moving closer to the core of the financial system with each iteration.

The cycle began with the collapse of Long-Term Capital Management (LTCM). This highly leveraged hedge fund, relying on complex arbitrage strategies, imploded, threatening to drag down the global financial system.

For a decade, the risk resided primarily on the balance sheets of the largest global banks.

By 2008, the burden of transferred risk, combined with massive new risks generated by subprime mortgages, became too great. The epicenter shifted to the banks themselves.

The cost of saving the financial system was transferred directly to the public ledger.

When the pandemic hit in 2020, the economy faced an unprecedented shutdown. The epicenter shifted again, this time centered on the entity that had absorbed the previous crisis: the taxpayers (and by extension, the entire private economy).

This massive intervention was highly inflationary and successful at preventing an immediate depression, but it set the stage for the next and most severe crisis yet.

Following the pattern, the entity that absorbed the 2020 crisis—the government, via the national balance sheet—now holds the greatest risk.

The crisis we are facing now is a Sovereign Debt Crisis.

For years, governments have borrowed and spent far beyond their means, assuming that economic growth would outpace debt accumulation. Today, the reality is that the level of national debt has reached a point where the government’s ability to service or repay it through conventional means (like taxation) is questionable.

The inevitable risk is a sovereign default—a political and economic catastrophe that would shake the foundations of the global financial system.

When faced with the political impossibility of default, the Federal Reserve is expected to step in yet again. They will utilize monetary tools to prevent the government from collapsing under its debt load.

The government avoids default, but the individual pays the price: Inflation.

By injecting massive amounts of liquidity and artificially depressing the value of government debt, the value of every dollar you hold—and the value of those “safe” government bonds—is dramatically reduced. This is a deliberate, subtle devaluation of wealth.

In this environment of crisis transference and monetary manipulation, financial education is no longer optional—it is essential for survival. Protecting your wealth requires actively positioning yourself outside the traditional financial safety nets.

To shield yourself from the coming sovereign crisis and the resulting inflationary pressures, the expert analysis suggests a critical shift in portfolio construction:

The assets that have traditionally been considered the safest—cash and government debt—are now the most vulnerable to monetary policy manipulation.

The crisis cycle has finally reached the top of the chain. This is not a moment for passive investment; it is a moment for active defense. Understanding how risk is transferred and how central banks will react is the only way to safeguard your financial future against the cost of a debt-riddled government.

https://youtu.be/mnRzrau7gpE

Warren Buffett’s 7 Rules for Saving Money on Everyday Expenses Without Sacrificing Comfort

Warren Buffett’s 7 Rules for Saving Money on Everyday Expenses Without Sacrificing Comfort

Jennifer Taylor   Tue, October 14, 2025   GOBankingRates

When it comes to spending, Warren Buffett isn’t your average billionaire. Instead of buying anything he wants, the Berkshire Hathaway CEO still values his dollar.

In fact, his money-saving philosophies are so down-to-earth, the average person could benefit from them. Here’s a look at seven of Buffett’s rules for saving money on everyday expenses, while still getting everything you need.

Focus on Value

Despite his wealth, Buffett doesn’t care about designer names. For example, instead of buying new cars, he’s been known to purchase slightly damaged vehicles and have them repaired for less than the cost of buying a new vehicle.

You can apply this philosophy to any standard expense by seeking out well-made products with the features you need. This might mean focusing on store-brand products instead of their name-brand counterparts. Regardless, focusing on value ensures you’re stretching your dollar as far as you can in the right direction.

Get Creative

When Buffett’s first child was born, he converted a dresser drawer into a bassinet to save the cost of buying one. This creative mindset can apply to everyday expenses, as well.

For example, if you’re redecorating your living room, you might search for items on local “Buy Nothing” groups and Facebook Marketplace. This can allow you to fill your space for free, or at a low price, instead of paying top-dollar for all new items at a store.

Seek Quality Over Quantity

There’s a difference between buying cheap and scoring a bargain. For example, in his 1989 letter to Berkshire Hathaway shareholders, Buffett wrote, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Keep this in mind when shopping. An item might have the best price, but if it’s low quality, it’s better to pay more for a product that’s actually worth your money.

Clip Coupons

Even Buffett clips coupons. In his and now-ex-wife Melinda’s 2017 annual letter, Bill Gates shared a story about not paying full price when dining with his fellow billionaire friend. “Remember the laugh we had when we traveled together to Hong Kong and decided to get lunch at McDonald’s? You offered to pay, dug into your pocket, and pulled out … coupons!”

TO READ MORE:   https://www.yahoo.com/finance/news/warren-buffett-7-rules-saving-120237375.html