Iraq Economic News and Points To Ponder Late Friday Evening 10-17-25
New Instructions From The Central Bank Of Iraq To Prevent Dollar Smuggling Starting Next Month.
Money and Business Economy News – Baghdad On Saturday, the Echo Iraq Observatory revealed new instructions issued by the Central Bank to all authorized banks in the country regarding financial transfers and customs clearance procedures related to the requirements for approving special commercial invoices.
New Instructions From The Central Bank Of Iraq To Prevent Dollar Smuggling Starting Next Month.
Money and Business Economy News – Baghdad On Saturday, the Echo Iraq Observatory revealed new instructions issued by the Central Bank to all authorized banks in the country regarding financial transfers and customs clearance procedures related to the requirements for approving special commercial invoices.
The Observatory said in a statement, "The Central Bank, in Circular No. (267/4/9) dated 10/15/2025, decided to include in commercial invoices a set of basic information, including: shipping and payment terms, value and invoice currency, and the Global Harmonized System of Customs (GHS) code," adding, "As well as the addresses of the importer and destination, an accurate description of the goods, their origin, brand, quantity and unit of measurement, and the unit and total price."
He explained that "the circular stipulates that one of the following invoices must be approved: the final commercial invoice, or the preliminary invoice attached to the sales contract, provided that the final invoice contains all the data of the preliminary invoice."
According to Echo Iraq, "these instructions will be implemented starting November 1, 2025," noting that "the aim of the decision is to regulate foreign financial transfers and enhance transparency and accuracy in customs clearance as part of the national automation project."
The Observatory believes that "this step has several positive aspects, most notably enhancing the standardization of procedures and reducing errors in commercial transactions, in addition to supporting the customs automation project."
This decision comes as part of the efforts of the Central Bank of Iraq and government agencies to develop the financial and administrative environment and improve the level of oversight and compliance with international standards in foreign trade. https://economy-news.net/content.php?id=61284
The Central Bank Announces An Increase In Iraq's Internal And External Debt.
Economy | 10/18/2025 Mawazine News - Baghdad - The Central Bank of Iraq announced on Saturday that Iraq's domestic debt has risen to 91 trillion dinars, while its external debt has reached $54 billion.
This came according to documents the bank provided in response to a parliamentary question, the text of which is here: https://www.mawazin.net/Details.aspx?jimare=268699
Government Financial Advisor: The Ministry Of Finance Has Begun Preparing The 2026 Budget.
Buratha News Agency2062025-10-18 The Prime Minister's Financial Advisor, Mazhar Mohammed Salih, confirmed on Saturday that the Ministry of Finance has begun preparing the 2026 budget, while specifying the disbursement mechanism in the event that the budget cannot be approved. Salih told the official agency,
"In accordance with the Federal Financial Management Law No. 6 of 2019, as amended, the Federal Ministry of Finance is proceeding with preparing the draft federal general budget law for the country for the fiscal year 2026."
He pointed out that "in the event that it cannot be approved within the specified constitutional or legislative timeframes due to the upcoming parliamentary term, the government will undertake disbursements in 2026 on a monthly basis at a rate of 1/12 of the actual current expenditures for the year 2025, including spending on ongoing investment projects, external obligations, and other due expenses."
He also stated that "the Financial Activity will continue to manage revenue collection and continue disbursing through the expenditure items specified under the aforementioned Federal Financial Management Law until the 2026 budget is approved by the House of Representatives. At that point, allocations will be released for any activities required by economic growth and sustainable development, including new investment projects and other emerging commitments."
https://burathanews.com/arabic/economic/466622
Iraq's Foreign Exchange Reserves Declined In A Month.
Money and Business Economy News – Baghdad The Central Bank announced on Saturday that its foreign exchange reserves had fallen to more than $2 billion by the end of July.
The bank said in an official statistic that "the Central Bank's foreign reserves reached $94.714 billion as of July 31 of this year, equivalent to 123.128 trillion Iraqi dinars, a decrease of $2.305 billion compared to last June, when reserves reached $97.019 billion, equivalent to 126.125 trillion dinars."
He added, "These reserves also decreased from last May, which amounted to $96.799 billion, equivalent to 125.839 trillion dinars."
The bank indicated that "these reserves decreased from last year's 2024 figure of $100.276 billion, or the equivalent of 130.347 trillion dinars, and decreased from 2023, when reserves reached $111.736 billion, or the equivalent of 145.257 trillion dinars." https://economy-news.net/content.php?id=61287
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economics Updates Saturday Afternoon 10-18-25
Good Afternoon Dinar Recaps,
lobal Alert: 10+ Countries Unite to Halt BRICS Currency Initiative
An unprecedented coalition forms to challenge the BRICS gold-backed currency.
Good Afternoon Dinar Recaps,
lobal Alert: 10+ Countries Unite to Halt BRICS Currency Initiative
An unprecedented coalition forms to challenge the BRICS gold-backed currency.
Western Powers Mobilize Against BRICS Currency
● Coalition formation: Over a dozen nations, including the U.S., U.K., Japan, and Germany, align to oppose the BRICS currency initiative.
● Dollar defense: President Trump calls BRICS de-dollarization efforts “an attack on the dollar” and threatens tariffs.
● Strategic concern: Western nations fear losing influence over trade, financing, and monetary sanctions.
● Coalition rationale: Countries see BRICS gold-backed currency as a potential destabilizer of existing financial systems.
BRICS Currency Development Gains Momentum
● Summit progress: At the 17th BRICS Summit in Brazil (July 2025), leaders reaffirmed commitments to monetary cooperation.
● Expanded influence: The BRICS-10 now represents 46% of global population and 37% of world GDP.
● Digital framework: BRICS Pay and blockchain technology enable cross-border settlements bypassing SWIFT.
● CBDC integration: Member nations advance central bank digital currency research to strengthen local currency settlements.
● Launch timeline: Analysts expect pilot programs and potential currency launch by 2026.
Why This Matters
● Geopolitical stakes: The coalition highlights Western concern over declining dollar dominance.
● Economic impact: A BRICS-backed currency could shift trade patterns and alter the global balance of financial power.
● Financial restructuring: This clash signals a structural shift — traditional dollar-centric systems face challenges from emerging blocs.
● Strategic takeaway: The outcome may dictate who controls the next era of global finance.
"This is not just politics — it’s global finance restructuring before our eyes."
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources:
Watcher Guru – "Global Alert: 10+ Countries Just Joined Forces to Stop BRICS Currency"
Reuters – "Kremlin rejects Trump's assertion that BRICS targets the dollar"
Binance – "Dollar in Danger as BRICS Currency Launch Fuels Rapid Development"
Watcher Guru – "BRICS Digital Currency Network Bypasses the West, Dollar Weakens"
~~~~~~~~~
Seeds of Wisdom Team RV Currency Facts Youtube and Rumble
Newshound's News Telegram Room Link
Follow the Gold/Silver Rate COMEX
Follow Fast Facts
Seeds of Wisdom Team™ Website
Thank you Dinar Recaps
News, Rumors and Opinions Saturday 10-18-2025
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.
Judy Note: It is my personal opinion, and I could easily be wrong, that when we hear the EBS go off with the sound of Seven Trumpets, we can soon expect to receive several messages on our cell phones generated from the new Starlink Satellite System.
One of those messages should contain information about how to gain a redemption center appointment.
Those who don’t have foreign currency to exchange will use their appointment to set themselves up for banking, med bed treatment and voting using personal cell phones linked up to the Starlink Satellite System, while we with currency and bonds will do the same, plus be able to do our exchange.
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.
Judy Note: It is my personal opinion, and I could easily be wrong, that when we hear the EBS go off with the sound of Seven Trumpets, we can soon expect to receive several messages on our cell phones generated from the new Starlink Satellite System.
One of those messages should contain information about how to gain a redemption center appointment.
Those who don’t have foreign currency to exchange will use their appointment to set themselves up for banking, med bed treatment and voting using personal cell phones linked up to the Starlink Satellite System, while we with currency and bonds will do the same, plus be able to do our exchange.
Fri. 17 Oct. 2025 Intel Report: Tier4b Activated – the Global Currency Reset begins. …Mr. Pool
The signal has been sent. Tier4b is live.
The Iraqi Dinar and Vietnamese Dong have entered revaluation protocols.
The whispers now are execution: codes entered. Systems online. https://t.co/4s21XX5f3h https://x.com/MrPool_QQ/status/1979260700703785091?t=x4eGtUbnllOmDTvRcOHSmQ&s=03
Mr. Pool: INTEL REPORT: TIER 4B ACTIVATED – THE GLOBAL RESET BEGINS
THE SIGNAL HAS BEEN SENT. TIER 4B IS LIVE.
THE IRAQI DINAR AND VIETNAMESE DONG HAVE ENTERED REVALUATION PROTOCOLS — THE WHISPERS ARE NOW EXECUTION.
CODES ENTERED. SYSTEMS ONLINE.
THE QUANTUM FINANCIAL SYSTEM IS HUMMING. SEPTEMBER 8, 2025 — THE TRIGGER DATE. EVERY TREASURY NODE, EVERY LEDGER, EVERY ALGORITHM CONVERGED ON THIS MOMENT. THE DEATH OF FIAT ILLUSION.
THE BIRTH OF A GOLD-BACKED REALITY.
THE BANKS ARE READY.
ZURICH. DUBAI. RENO. SINGAPORE.
GREEN LIGHTS ON QUANTUM TERMINALS. IMF INTERNAL CHATTER CONFIRMS IT — “REDEMPTIONS UNDER QFS PROTOCOL HAVE COMMENCED.”
THE CORRECTION OF HISTORY BEGINS. CENTURIES OF FALSE VALUATION AND DEBT SLAVERY END NOW.
THE SCALES ARE BEING FORCED LEVEL. TIER 4B = THE PEOPLE. NOT CORPORATIONS. NOT ELITES. BUT EVERYDAY BELIEVERS WHO KEPT FAITH THROUGH RIDICULE.
THIS IS THE REDISTRIBUTION DOWN — NOT UP. THE RESET IS REAL.
THE WORLD IS SHIFTING. THE CLOCK HAS STRUCK. THE NEW ERA BEGINS.
https://x.com/MrPool_QQ/status/1979260700703785091
Read full post here: https://dinarchronicles.com/2025/10/18/restored-republic-via-a-gcr-update-as-of-october-18-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is now showing the Kuwait dinar. They're telling us it's strength for a long period of time that it's been trading at $3.27...and it's leading as a powerful currency. Interesting how they talk about the dinar today from Kuwait. FRANK: No gentlemen, this is purposeful. This has a reason. If they would have just sprung this on you it would have been a disaster...They're trying to tell us something...
Walkingstick It's not a float at the onset because the Iraqi dinar will be market driven. The supply and demand that is going to be put on the new currency with the new rate for the IQD will drive the value instantly. Supply and demand will determine the real effective exchange rate instead of 1 to 1 or even a float.
Jeff Article quote: "There is no intention to float the exchange rate of the dinar." Why can't the do that? The budget is calculated off the currency value...If the value of the currency were to change significantly, say more than 20%, that would force them to amend the budget. They're not going to keep amending the budget.
************
Silver Market Collapsing! "The Great Silver Shortage Has Begun" - Mike Maloney & Vince Lanci
10-17-2025
For decades, silver traded quietly in the background—steady, overlooked, and predictable.
Then came a shock that ripped through the system. Mike Maloney from GoldSilver.com says silver lease rates, which normally hover around zero—between minus half a percent and plus one percent—suddenly exploded to around 33%.
Imagine your mortgage rate jumping from 1% to 33% overnight. That kind of move doesn’t happen in a stable market. It signals stress, shortage, and panic beneath the surface.
London’s silver market is running dry. Vince Lanci says the city is facing a full-blown liquidity crisis—there simply isn’t enough physical silver to meet its own demand.
The vaults are thinning out, and the backup reserves London once relied on have all but vanished. In the past, this wasn’t an issue. If London needed silver, it could lease or buy it from the U.S., China, or major producers.
Silver doesn’t vanish—it can always be melted, moved, or reused. But the problem now isn’t that silver has disappeared; it’s that there’s too little available above ground.
Global mine output has been declining for years, and most of today’s production comes as a byproduct of zinc and copper mining. With those metals slowing down, less silver is hitting the market.
“Tidbits From TNT” Saturday 10-18-2025
TNT:
Tishwash: From Washington: A new banking and economic reform package for Iraq
The Iraqi delegation participating in the banking reform conference in Washington, D.C., on the sidelines of the International Monetary Fund and World Bank meetings, announced a new package of banking and economic reforms on Saturday aimed at strengthening the stability of the financial system and attracting investment.
"The government has implemented a series of steps as part of the economic and financial reform program, most notably the implementation of comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq and international consulting firms, as well as the preparation of a three-year budget for the first time in Iraq's history to ensure stable financial planning that attracts investment," said Saleh Mahoud Salman, an advisor to the Iraqi Prime Minister, according to a statement received by Shafaq News Agency.
TNT:
Tishwash: From Washington: A new banking and economic reform package for Iraq
The Iraqi delegation participating in the banking reform conference in Washington, D.C., on the sidelines of the International Monetary Fund and World Bank meetings, announced a new package of banking and economic reforms on Saturday aimed at strengthening the stability of the financial system and attracting investment.
"The government has implemented a series of steps as part of the economic and financial reform program, most notably the implementation of comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq and international consulting firms, as well as the preparation of a three-year budget for the first time in Iraq's history to ensure stable financial planning that attracts investment," said Saleh Mahoud Salman, an advisor to the Iraqi Prime Minister, according to a statement received by Shafaq News Agency.
He added that "automating the customs system through the implementation of the United Nations ASYCUDA program has led to a significant increase in customs and tax revenues, the restructuring of government banks (Rafidain, Rasheed, Industrial, and Agricultural) and increased their operational efficiency, as well as the expansion of electronic payment systems and increased financial inclusion from less than 10% to more than 40% within two years."
Salman continued, "Support programs have been launched for small and medium-sized enterprises to create job opportunities and stimulate the local economy," noting that "these steps represent a pivotal stage in the economic reform process, and that the government will continue to support the development of the banking sector in cooperation with international institutions."
Prior to this, the Central Bank of Iraq announced new instructions to all authorized banks in the country regarding money transfers and customs clearance procedures related to the requirements for the approval of special commercial invoices, with the aim of curbing currency smuggling.
This measure comes as part of the efforts of the Central Bank of Iraq and government agencies to develop the financial and administrative environment and improve the level of oversight and compliance with international standards in foreign trade. link
****************
Tishwash: Highest since 2003: Confirmation of rising non-oil revenues and calls for economic reform
Representative Basem Naghmish expected, on Wednesday, that Washington would resort to imposing economic sanctions on Iraq, exploiting the pretext of "mismanagement" in the oil sector.
Naghmish told Al-Maalouma Agency, “The United States has become accustomed to using titles such as mismanagement or corruption as a cover to interfere in the affairs of countries, and there are indications that it is trying to follow the same approach with Iraq in the oil file.”
He added, "There is fear that these accusations will be exploited to impose sanctions that may affect oil exports," stressing that "their goal is to keep Iraq weak and influence its sovereign decision."
Earlier, Representative Intisar Al-Moussawi considered Trump's statement about Iraqi oil evidence of America's arrogant outlook, and Washington's treatment of Iraq as a source of wealth rather than a sovereign state. link
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Tishwash: Sudanese Advisor: Electronic financial inclusion has risen to more than 40%
Prime Minister Saleh Mahoud Salman's advisor confirmed on Friday that the government is continuing to implement comprehensive strategic banking reforms, noting that the government is committed to continuing to implement the economic and financial reform program
"The government is committed to continuing to implement the economic and financial reform program aimed at enhancing the efficiency of the banking system and supporting sustainable development in the country," Mahoud said in a speech he delivered during his participation as a government representative in the banking reform conference organized by the Central Bank of Iraq in cooperation with the international consulting firm (Oliver & Ayman) at the Ritz Carlton Hotel in Washington, DC, on the sidelines of the meetings of the International Monetary Fund and the World Bank.
He stressed that "the banking sector represents a fundamental pillar in the economic reform process," indicating that "the government is continuing to implement comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq, aimed at raising banking standards and enhancing the competitiveness of the financial system."
He explained that "the government has prepared a three-year general budget for the first time, which allows for long-term financial planning, achieving stability in resource management, and enhancing the confidence of local and international investors."
In the context of diversifying revenues and reducing dependence on oil, he explained that "the government has achieved tangible progress in automating the customs system by implementing the United Nations (ASYCUDA) system, which has led to a clear increase in customs revenues in addition to a significant improvement in tax revenues," noting that "the government has implemented a program to restructure government banks (Al-Rafidain, Al-Rasheed, Industrial, and Agricultural) in cooperation with international consulting companies, With the aim of raising its efficiency and enhancing its ability to provide modern financial services.
He pointed out that "the government launched programs to expand the use of electronic payment and partnerships with financial technology companies, which contributed to raising the financial inclusion rate to more than 40% after it was less than 10% two years ago, which was praised by the World Bank and the International Monetary Fund," stressing "the government's support for small and medium enterprises by providing financing and resources to create new job opportunities and stimulate the local economy."
Salman stated that "the banking reforms currently being worked on constitute a turning point in the history of Iraq's economic development, and that the government is determined to support all local and international institutions working to develop the banking sector, as it is a pivotal part of the economic growth and financial stability plan."
He noted that "the government extended its appreciation to the Central Bank, banks, and international and local advisory teams working in this field link
Mot: Just a Saying!!!!
Mot: Millions!!! -- They Spent Millions to Figure This out!!!
Weekend Coffee with MarkZ. 10/18/2025
Weekend Coffee with MarkZ. 10/18/2025
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
MZ: the first 45 minutes we cut up with the CBD Guru’s. Then I will share what news there is.
Member: Mark. Hoping this is the October that we’ve heard of as Red October
Member: let’s make it a “Green October” instead.
Weekend Coffee with MarkZ. 10/18/2025
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
MZ: the first 45 minutes we cut up with the CBD Guru’s. Then I will share what news there is.
Member: Mark. Hoping this is the October that we’ve heard of as Red October
Member: let’s make it a “Green October” instead.
Member: Any bond news today?
MZ: Nothing changed since yesterday. Their expectation is for the coming week. They say they completed very important paperwork this past week…..things were very productive and they are looking for those dollars being distributes early to mid next week…..possible Tues or Wed….
Member: time for a class action lawsuit by those bondholders - emotional distress
MZ: Redemption contact says they are not working today. They are “on call” but not working yet.
MZ: They are doing their best to keep the RV a surprise….but they are certainly talking about it in Iraq.
MZ: They are talking about a final set of financial reforms …and announcing what the details are. Very positive. “From Washington: A new banking and economic reform package for Iraq” We have covered this meeting with Wyman going on in DC. A lot of meetings about digital reforms.
MZ: “CBI putting out new instructions aimed at stopping dollar smuggling.” These reforms would close the financial borders to not smuggle dinar out or into the country. International compliance. This doesn’t make much sense unless they are planning to revale the currency.
MZ: I was told they would close their financial borders with the RV and they need to be able to control both directions during the process. This is a great sign.
MZ: “Government Advisor: The ministry of finance has started preparing the 2026 budget” We never really saw a 2025 or 2024 budget. But my guess is they have to have a new value on the dinar first.
Member: I wonder how Iraq is funding all these new projects without having an RV?
Member: Frank26 says they are working on two sets of books.
Member: New PNC online banking is coming oct 24-26. Online banking and Zelle will be unavailable
MZ: A lot of banks have been updating last weekend, this weekend and next weekend,
MZ: I talked about it this week. Chunks are falling out of the financial walls. The financial system is falling apart at the seams. They need a reset.
MZ: Even Economic folks in Russia are saying the US is planning to use a crypto ledger style system (tether style accounts) to back the existing debt (phasing out the current debt) then go to “Gold Backed Treasuries” This is a gold standard for treasuries …then devalue the dollar and revalue gold. This is a reset. Other currencies will be going up in relation to the USD. A Global Currency reset back to sound money. ….all over the world economists are talking about it. .
Member: Saturday nights are allegedly the best time to release new rates…..fingers crossed for tonight.
Member: Hope everyone has a safe and beautiful weekend.
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
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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 WEEKEND! SEE YOU ALL MONDAY MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
FROM NOW ON NO MORE NIGHTLY PODCASTS ON MONDAYS AND FRIDAYS
MilitiaMan and Crew: IQD News Update-IQD-CBI-Global
MilitiaMan and Crew: IQD News Update-IQD-CBI-Global
10-18-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
MilitiaMan and Crew: IQD News Update-IQD-CBI-Global
10-18-2025
The Crew: Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man
Follow MM on X == https://x.com/Slashn
Be sure to listen to full video for all the news……..
Iraq Economic News and Points To Ponder Late Friday Evening 10-17-25
Dollar Alternative
The Government Is Out Of The Equation. Gold Swallows The Iraqi Dinar And Becomes A "Money Laundering" Currency.
Economy / Special Files 10-16-2025, 11:00 PM | 2135 Baghdad Today - Baghdad Iraq is witnessing an unprecedented surge in gold prices, amid a decline in the state's monetary instruments and growing indications of the expanding influence of parallel financial networks exploiting market and legal loopholes. This crisis, which began in a market influenced by the London and New York stock exchanges, has become a mirror of the broader crisis of confidence plaguing the Iraqi economy.
Dollar Alternative
The Government Is Out Of The Equation. Gold Swallows The Iraqi Dinar And Becomes A "Money Laundering" Currency.
Economy / Special Files 10-16-2025, 11:00 PM | 2135 Baghdad Today - Baghdad Iraq is witnessing an unprecedented surge in gold prices, amid a decline in the state's monetary instruments and growing indications of the expanding influence of parallel financial networks exploiting market and legal loopholes. This crisis, which began in a market influenced by the London and New York stock exchanges, has become a mirror of the broader crisis of confidence plaguing the Iraqi economy.
Experts believe that the yellow metal is no longer a commodity tied solely to supply and demand, but rather a precise indicator of the deep imbalance between monetary policy and the real economy, and of the government's failure to protect the market from waves of speculation and currency smuggling.
Economic expert Nasser Al-Kanani explained to Baghdad Today that “the continuous rise in gold prices in the local market is directly due to global price fluctuations.
Iraq does not possess the tools to intervene or the ability to control this market, which is governed by global stock exchanges.” He pointed out that “the absence of local gold production has made the country hostage to fluctuations in foreign markets.
Every rise in London or New York is immediately reflected in Baghdad, Najaf, and Basra, without any government capacity to mitigate its severity.”
Economic observers confirm that the continuation of this situation means that Iraqi monetary policy is operating in a completely exposed environment, and that the Central Bank has lost the ability to manage price balance after markets began operating according to the logic of global supply and uncontrolled local demand.
Al-Kanani adds, "Geopolitical factors andUS interest rate decisions, along withdollar movements in the markets, are the main drivers of gold prices currently,while the Iraqi government is limited to a regulatory role through the Central Bank and the Tax Authority, without any real tools for control."
Financial researchers point out that this reality reflects the fragility of the Iraqi economy, which relies entirely on imports and lacks internal protection strategies or monetary balancing policies that allow it to absorb shocks.
This has forced the local market to operate on the principle of absolute freedom of trade, without a balance between economic freedom and the equirements of financial stability. Amid this situation, citizens are increasingly turning to gold as a means of savings,as confidence in the dinar declines and its exchange rate fluctuates against the dollar.
Al-Kanani warned that “random speculation on gold is exacerbating the crisis, as it raises local demand to unrealistic levels and increases pressure on prices,” adding that the government has lost the ability to control this wave, at a time when prices fluctuate daily based on the general mood of speculators, not on well-considered economic decisions.”
Financial market observers confirm that citizens’ behavior toward gold has become a direct reaction to the weakness of financial and banking institutions, and that the loss of confidence in the national currency has pushed the popular economy to seek alternatives that preserve value, even if they are outside the control of the state.
On the other hand, the gold crisis intersects with what anti-corruption expert Yassin al-Taie calls the "prestige economy," meaning the use of illicit funds to build a new social image known as "reputation laundering," a phenomenon that has become synonymous with money laundering in recent years.
Al-Taie told Baghdad Today, "There is a close connection between money laundering and reputation laundering.
Both are part of a single strategy pursued by influential actors in the black economy, aimed at circumventing the law and obtaining social cover that allows them to expand in the economic and political spheres."
Observers point out that this shift in the behavior of those with illicit capital reflects a change in the form of corruption itself, as its goal is no longer solely to gain unlawful enrichment, but rather to build a network of influence that fortifies corruption within societal institutions.
Al-Taie explains that “these entities resort to establishing commercial companies that appear legitimate, or financing cultural and charitable events, to gain the trust of society and grant themselves moral immunity that prevents them from being held accountable.”
Oversight experts say that these practices have distorted the local economic environment and eroded trust in public institutions, as corruption is no longer hidden or confined to government agencies,
but has permeated the public sphere under the banner of charitable work and civic investment. Al-Taie adds that “some entities are taking advantage of loopholes in the laws and their relationships with influential circles to expand their activities without oversight,”
which observers see as a clear threat to the principles of institutional justice and equal economic opportunity.
Economists believe that the combination of loss of monetary control, money laundering, and reputational damage represents a dangerous example of what is known as the "dual economy,"where the formal economy operates according to state rules, while the parallel economy operates according to private interests.
Observers assert that the gold market today is the legal front for the parallel economy. Through it, money is recycled and its sources are concealed, while all transactions appear legitimate on paper." They point out that this phenomenon "keeps the state in the position of a bystander while informal money circulates freely within institutions."
Economic researchers argue that addressing the crisis requires rebuilding oversight mechanisms for gold trade and imports, linking them to a unified financial tracking system overseen by the Central Bank and the Anti-Money Laundering Authority, similar to that implemented by European Union countries.
Economists point out that "the existence of a national registry for gold traders that requires them to disclose their sources of funding will help block smuggling and money laundering networks," adding that "the absence of this type of transparency makes the market an ideal place to funnel illicit capital under the guise of legitimate trade."
Observers agree that continuing this path will deepen the loss of confidence in the national currency and transform gold into an alternative currency outside the banking system.
This will constrain the Central Bank's ability to manage liquidity and increase the likelihood of Iraq being exposed to new international financial pressures.
Economists believe that "the country needs a flexible and integrated monetary policy that links financial stability with security oversight of financial movements," while anti-corruption experts assert that "any reform that does not address reputational damage with the same seriousness as money laundering will remain merely superficial."
According to economic observers, "the crisis has gone beyond the market stage to become a national crisis of confidence," noting that gold today is no longer merely a measure of wealth, but rather "an indicator of the state's vulnerability to unregulated money."
Researchers assert that regaining control of the gold market is not simply a matter of price, but rather a test of the government's ability to restore discipline to its financial system and prevent wealth from becoming a means of influence and the economy from becoming a vehicle for organized corruption. https://baghdadtoday.news/285348-.html
By 40%, The Central Bank Is Committed To Implementing Comprehensive Strategic Banking Reforms.
Economy | 12:59 - 17/10/2025 Mawazine News - Economy Prime Minister's Advisor Saleh Mahoud Salman affirmed on Friday that the government is proceeding with comprehensive strategic banking reforms, noting that the government is committed to continuing to implement the economic and financial reform program.
In a speech delivered during his participation as a representative of the government in the banking reform conference organized by the Central Bank of Iraq in cooperation with the international consulting firm Oliver Wyman at the Ritz Carlton Hotel in Washington, DC, on the sidelines of the meetings of the International Monetary Fund and the World Bank, Mahoud said,
“The government is committed to continuing to implement the economic and financial reform program aimed at enhancing the efficiency of the banking system and supporting sustainable development in the country.”
He stressed that “the banking sector represents a fundamental pillar in the economic reform process,” indicating that “the government is proceeding with implementing comprehensive strategic banking reforms in cooperation with the Central Bank of Iraq, aimed at raising the standards of banking work and enhancing the competitiveness of the financial system.
” ]He explained that “the government has prepared a three-year general budget for the first time, which allows for long-term financial planning, achieving stability in resource management, and enhancing the confidence of local and international investors.”
Within the framework of diversifying revenues and reducing dependence on oil, he indicated that “the government has achieved tangible progress in automating the customs system through the implementation of the United Nations ASYCUDA system, which has led to a clear increase in customs revenues in addition to a significant improvement in tax revenues,” noting that
"The government has implemented a program to restructure state-owned banks (Rafidain, Rashid, Industrial, and Agricultural) in cooperation with international consulting firms, with the aim of raising their efficiency and enhancing their ability to provide modern financial services."
He pointed out that "the government has launched programs to expand the use of electronic payments and partnerships with financial technology companies, which has contributed to raising the rate of financial inclusion to more than 40%, up from less than 10% two years ago.
This has been praised by the World Bank and the International Monetary Fund." He emphasized "the government's support for small and medium-sized enterprises by providing financing and resources to create new job opportunities and stimulate the local economy."
Salman stated that "the banking reforms currently underway represent a pivotal moment in Iraq's economic development history, and that the government is determined to support all local and international institutions working to develop the banking sector, considering it a pivotal part of the plan for economic growth and financial stability." He noted that "the government expressed its appreciation to the Central Bank, the banks, and the international and local advisory teams working in this field." https://www.mawazin.net/Details.aspx?jimare=268633
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
Seeds of Wisdom RV and Economics Updates Saturday Morning 10-18-25
Good Morning Dinar Recaps,
Balancing the Edge: Currency Calm Masks Deeper Market Tremors
When the dollar stands still, it often means the ground beneath it is shifting.
Global Markets Show Uneasy Balance
The global currency and commodity landscape entered a rare moment of balance this week, with the U.S. dollar holding steady even as geopolitical tensions escalated. Beneath that calm, traders are reading signals of strategic repositioning and subtle intervention.
Good Morning Dinar Recaps,
Balancing the Edge: Currency Calm Masks Deeper Market Tremors
When the dollar stands still, it often means the ground beneath it is shifting.
Global Markets Show Uneasy Balance
The global currency and commodity landscape entered a rare moment of balance this week, with the U.S. dollar holding steady even as geopolitical tensions escalated. Beneath that calm, traders are reading signals of strategic repositioning and subtle intervention.
The U.S. Treasury’s reported $200 million sale of Argentine pesos underscored Washington’s readiness to manage emerging-market stress. Meanwhile, silver and gold markets flashed early warning signs, as analysts at BCA Research cautioned that short squeezes in metals often precede liquidity shocks.
Signals Behind the Stability
In a world where currencies no longer simply reflect trade flows, they reveal political currents.
● Emerging-market currencies are increasingly vulnerable to sanctions, capital flight, and policy shocks.
● Commodity shifts, especially in gold and silver, now act as real-time sentiment barometers for systemic risk.
● Dollar steadiness may mask preparations for deeper financial decoupling between global blocs.
While the charts appear calm, the underlying movement suggests capital is seeking safe ground before the next round of monetary and geopolitical shifts.
Why This Matters
Currency stability often precedes structural change.
Behind today’s calm façade, the architecture of global finance is quietly evolving — away from interest-rate dominance and toward resource-backed value systems.
If this trajectory continues, the next era of global finance will not be defined by who sets rates — but by who controls tangible value: energy, metals, and strategic currencies.
Out with the old and in with the new — the signals are already in motion.
"This is not just politics — it’s global finance restructuring before our eyes."
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources:
~~~~~~~~~
A Tunnel Through Time: The U.S.–Russia Meeting and Moscow’s New Diplomatic Blueprint
From political distance to physical connection, a quiet proposal could redefine global alignment.
A New Phase in U.S.–Russia Relations
Reports of an upcoming Trump–Putin meeting in Budapest have reignited speculation over a potential thaw between Washington and Moscow. Yet, beyond the headlines, an unexpected proposal is circulating — one that blends infrastructure, symbolism, and strategy.
According to a recent analysis from Modern Diplomacy, the Kremlin has advanced an “audacious bid” to create a physical tunnel link between the U.S. and Russia via the Bering Strait. The project, dubbed a “tunnel of diplomacy,” aims to symbolize a permanent channel of cooperation in trade, energy, and technology.
While the notion may seem ambitious, it fits within a larger narrative of economic realignment: building bridges — literally — as political alliances shift.
Strategic Implications
“In geopolitics, infrastructure is diplomacy made concrete.” — Modern Diplomacy, Oct 2025
● Such a project would bind energy and logistics networks across the Arctic, reducing reliance on Europe and Asia for trade routes.
● It could shift leverage from Western-controlled maritime channels to a joint Arctic corridor managed through bilateral agreements.
● For Washington, participation would signify a pragmatic, not ideological, shift — prioritizing resource access and stability over rivalry.
This concept reflects a subtle, post-sanction diplomacy: nations seeking economic interdependence as a tool for peace, not pressure.
Why This Matters
If realized, the “tunnel of diplomacy” would mark a physical manifestation of geopolitical restructuring.
It would connect not just two nations, but two financial systems — potentially linking Western capital flows with Eurasian resource frameworks.
In this sense, the bridge becomes the blueprint: a visible symbol of the emerging order where economic survival outweighs political division.
Out with the old, in with the new — diplomacy now runs through steel, not speeches.
"This is not just politics — it’s global finance restructuring before our eyes."
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources:
~~~~~~~~~
Shockwaves and Safe Havens: How Geopolitical Risk Is Repricing the World
When politics drives markets, currencies become the first casualty.
Markets Under Pressure
A surge in geopolitical tension across Europe and the Middle East has sent investors scrambling for stability. Gold briefly touched another record high, and major currencies — from the yen to the euro — are moving not on economics, but on fear.
Even as central banks signal caution, capital flight toward tangible assets is reshaping how markets interpret risk. Traders once gauged volatility through interest-rate moves; today, they track troop deployments, sanctions, and energy routes.
A New Era of Risk Pricing
“Geopolitical instability is now a leading indicator, not a lagging one.” — IMF Outlook, October 2025
● Safe-haven demand for gold, silver, and oil reflects declining confidence in fiat-based stability.
● Sovereign debt markets are fragmenting, with yields moving inversely to traditional logic.
● BRICS+ economies are doubling down on commodity-backed trade, insulating themselves from Western liquidity shocks.
This shift signals that the next financial reset may emerge not from policy — but from pressure.
The global economy is quietly repricing itself around security of value, not the promise of growth.
Why This Matters
The world is witnessing a structural rotation in capital confidence.
When gold outperforms currencies, it means the trust equation is changing — away from central banks and toward real assets.
If these trends persist, the next financial order may no longer pivot on the dollar or euro, but on resource control and bilateral trade guarantees.
Out with the old and in with the new — the markets are already writing the first chapter of that transition.
"This is not just politics — it’s global finance restructuring before our eyes."
Seeds of Wisdom Team
Newshounds News™ Exclusive
Sources:
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Thank you Dinar Recaps
Iraq Economic News and Points To Ponder Late Friday Evening 10-17-25
Bondlady Site Admin & Member Comments
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."
Bondlady Site Admin & Member Comments
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
Bondlady Site Member calaciura: I'm not sure if AI is accurate when we talk about deleting the zeros. My concern is will our notes in the United States will have those zeros dropped as well, which would mean it would lop the currency in the value. What are your thoughts
Bondlady Site Administrator tlm724: Hey calaciura, we are in very interesting times for sure !! It's difficult to know exactly what is going to happen but I will try to shed some light on the subject. Most recently the Prime Minister's financial advisor, Mazhar Mohammed Salih said on 10/10/2025 that
"Controlling inflation is the primary goal for maintaining price stability and the purchasing power of the Iraqi dinar."
and " Monetary policy also succeeded in maintaining the positive effects of the official exchange rate of 1,320 dinars per dollar and limiting the effects of the parallel exchange market on the stability of the pricing system."
lastly ""Iraq is witnessing a significant price boom, which is an indicator of the success of economic policy implementation. This is a remarkable development, unprecedented in the past ten years, as this stability is reflected in the country's cash income."
Bondlady Site Administrator tlm724: Saleh is also in Washington today meeting with officials from the US Treasury Department and the Federal Reserve
Bondlady Site Administrator tlm724: The above information is important because the CBI is trying and succeeding in controlling inflation and stabilizing the economy/exchange rate. These are critical to setting the stage for the possible removal of the 3 zero's. They would never attempt the removal without a stable environment. The fact that they are considering this is encouraging, something, WE as investors have never seen. On a side note :
" When a government drops three zeros from a currency, it is called redenomination. This is a symbolic change that makes large numbers easier to use and calculate, but it does not directly affect the currency's purchasing power or value. The change is intended to simplify transactions and can be a psychological tool to signal the end of high inflation, but its long-term success depends on accompanying economic policies"
"In monetary economics, redenomination is the process of changing the face value of banknotes and coins in circulation. It may be done because inflation has made the currency unit so small that only large denominations of the currency are in circulation."
Bondlady Site Administrator tlm724: I wish I had a clear and definite idea of what comes next but I do not. It is times like these were I wish our Bondlady was here to guide us ! I think our best course of action is to stay the course and watch for forth coming changes. If the removal happens it will take time to print bank notes etc... and there will be transition period just as there was in 2003.There are many Dinar notes outside of Iraq that I think there would be a time frame for exchanging it but as far as the value that remains the question. What it means for us is yet to be seen but I promise we will be here for you and each other each step of the way !! Thank you
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com
FRANK26……10-17-25……HCL
KTFA
Friday Night Video
FRANK26……10-17-25……HCL
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#
KTFA
Friday Night Video
FRANK26……10-17-25……HCL
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#
Silver Shorts Panic? Silver Breaks $54, Gold $4300 | Ed Steer
Silver Shorts Panic? Silver Breaks $54, Gold $4300 | Ed Steer
Liberty and Finance: 10-16-2025
Silver has been rising sharply, climbing roughly a dollar per day and recently breaking above $54.
Market analyst Ed Steer joins Liberty and Finance to discuss the unprecedented physical shortages now emerging across global exchanges, with massive withdrawals from COMEX and tight supplies reported in London, India, and China.
He notes that open interest continues to rise alongside prices, signaling sustained demand and a lack of short covering among major traders.
Silver Shorts Panic? Silver Breaks $54, Gold $4300 | Ed Steer
Liberty and Finance: 10-16-2025
Silver has been rising sharply, climbing roughly a dollar per day and recently breaking above $54.
Market analyst Ed Steer joins Liberty and Finance to discuss the unprecedented physical shortages now emerging across global exchanges, with massive withdrawals from COMEX and tight supplies reported in London, India, and China.
He notes that open interest continues to rise alongside prices, signaling sustained demand and a lack of short covering among major traders.
Steer explains that the squeeze on physical availability reflects years of structural deficits and intensifying global investment interest.
As the market approaches a potential turning point, he emphasizes the importance of owning physical silver and staying positioned ahead of what could become a historic move higher.
INTERVIEW TIMELINE:
0:00 Intro
1:28 Silver & gold surge
7:00 Platinum
8:30 Gold flows
10:45 Silver flows
13:40 Gold delivery
18:30 Getting started in gold and silver
21:00 90% "junk" silver
22:30 Pre-33 gold
25:30 End of the US dollar?