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The following were the ten most read dinar-related articles on Iraq Business News for the month of November:

1. CBI Instructions for Exchanging Dinars
2. CBI to Support Dinar Stability
3. CBI Denies Dinar Revaluation Rumours as Inflation Falls
4. The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed
5. Donald Trump and the "Great Iraqi Dinar Revaluation"
6. Dinar RV: What does Sudani's Victory mean for Speculators?
7. Dinar RV: Will Iraqi Election Speed the Process?
8. Iraqi Dinar: Govt Attempts to Preserve Value
9. Stability of the Iraqi Dinar Exchange Rate: CBI Paper
10. Iraqi Dinar Prospects: Reality Check After Six Months of Trump

The previous month's listing can be viewed here.

For more information on the Iraqi dinar, check out IBN's Dinar Page here: https://www.iraq-businessnews.com/the-dinar-page/?swcfpc=1 

By John Lee.

Swiss-based Gunvor Group has withdrawn its proposal to acquire Lukoil's international assets following opposition from the US Treasury Department.

The Treasury stated that Gunvor would not receive a licence to operate as long as Russia continues its military actions in Ukraine, describing the company as "the Kremlin's puppet."

Gunvor rejected the claims, saying the Treasury's statement was "fundamentally misinformed and false."

The company said it has distanced itself from Russia for more than a decade, ceased trading in line with sanctions, sold off Russian assets, and publicly condemned the war in Ukraine.

Russia's Lukoil had announced plans to sell its international assets to Gunvor before the deal was abandoned.

Lukoil has significant interests in Iraq's West Qurna 2 (pictured) and Block 10.

US Treasury Department statement on X:

"President Trump has been clear that the war must end immediately. As long as Putin continues the senseless killings, the Kremlin's puppet, Gunvor, will never get a license to operate and profit."

Gunvor Group statement on X:

"The Treasury Department statement about Gunvor is fundamentally misinformed and false. Gunvor is and has always been open and transparent about its ownership and business, and has for more than a decade actively distanced itself from Russia, stopped trading in line with sanctions, sold off Russian assets, and publicly condemned the war in Ukraine. We welcome the opportunity to ensure this clear misunderstanding is corrected. In the meantime, Gunvor withdraws its proposal for Lukoil's international assets."

See also:

Ahmed Mousa Jiyad: Oil Ministry should Brace for Russia's Coerced Exodus

(Sources: US Treasury Dept / Gunvor Group)

The following were the ten most read dinar-related articles on Iraq Business News for the month of October:

1. Stability of the Iraqi Dinar Exchange Rate: CBI Paper
2. The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed
3. Donald Trump and the "Great Iraqi Dinar Revaluation"
4. Dinar RV: Will Iraqi Election Speed the Process?
5. Iraqi Dinar Prospects: Reality Check After Six Months of Trump
6. Iraq Participates in Annual IMF / World Bank Meetings in DC
7. IMF Upgrades Iraq Forecasts
8. Dinars to Dollars: Official List of Approved Banks
9. What the Future Holds for Dinar Investors
10. Iraqi Central Bank Reduces Supply of Dinars

For more information on the Iraqi dinar, check out IBN's Dinar Page here: https://www.iraq-businessnews.com/the-dinar-page/?swcfpc=1 

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Deep Dive: Trump names first US special envoy to Iraq in two decades

For the first time in more than two decades, the US has appointed a special envoy to Iraq.

President Donald Trump's naming of a Detroit-based entrepreneur to the position has sparked divergent reactions in Iraqi and US media.

The full article can be viewed here.

By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Dinar RV: Will Iraqi Election Speed the Process?

For years, speculators in Iraqi dinar have clung to the dream of an imminent "revaluation" or "RV" that would dramatically increase the currency's value overnight, transforming modest investments into massive windfalls. With each Iraqi election cycle, a familiar refrain emerges in dinar speculation communities: Could this political event finally trigger the long-awaited RV?

The RV Fantasy

The concept of a dinar revaluation rests on a fundamental misunderstanding of how currencies and economies work. Proponents believe Iraq will suddenly revalue its currency at rates that would make it one of the world's most valuable -- sometimes claiming it will reach or exceed the value of the US dollar. These expectations are not grounded in economic reality.

Iraq's economy, while resource-rich, faces significant challenges, including:

• Ongoing political instability
• Infrastructure damage from decades of conflict
• Heavy dependence on oil revenues
• High unemployment and inflation
• Corruption and governance issues

A massive currency revaluation would be economically catastrophic for Iraq, making its exports uncompetitive, thus crippling its economy.

Why Elections Don't Trigger Currency Miracles

Dinar speculation communities often point to elections as potential catalysts for revaluation, but this connection is purely imaginary. Elections in Iraq, like elsewhere, are political processes that may lead to policy changes over time, but they don't directly cause currency revaluations.

Central banks adjust currency values based on economic fundamentals, not political calendars. The Central Bank of Iraq (CBI) has repeatedly stated it has no plans for a dramatic revaluation. When currencies do appreciate, it happens gradually through market forces or careful central bank management -- never through the sudden, massive jumps that dinar speculators envision.

The Real Winners

The true beneficiaries of dinar RV speculation are not the hopeful investors, but the dealers and promoters who sell dinars at enormous markups and profit from spreading false hope. These dealers often charge commissions of 20% or more above the actual exchange rate, making money regardless of whether any revaluation occurs.

Many promoters operate through websites, YouTube channels, and conference calls where they perpetually claim the RV is "imminent," citing fabricated insider information, misinterpreted news stories, or completely fictional sources. When predictions fail, they simply move the goalposts and set new dates.

A Pattern of False Promises

The dinar RV community has a long history of failed predictions tied to specific events:

• "It will happen after the new government forms"
• "It will happen when Iraq exits Chapter VII sanctions" (which occurred in 2013 with no RV)
• "It will happen when the budget is published"
• "It will happen after the election"

Each milestone comes and goes without the promised revaluation, yet believers remain convinced the next event will be different.

The Bottom Line

Iraqi elections, like any other political event in Iraq, will not trigger a dinar revaluation. The RV is a speculative fantasy that ignores basic economic principles and preys on people's hopes for quick wealth.

If you're holding Iraqi dinars hoping for an RV:

• Understand that you've likely already lost money through dealer markups
• Recognize that the dinar may appreciate modestly over many years, like any currency, but will not suddenly skyrocket in value
• Be skeptical of anyone claiming insider knowledge or setting specific dates for revaluation
• Consider whether your money might be better invested in legitimate, diversified assets

The Iraqi dinar is an exotic, illiquid currency from a developing nation with significant economic and political challenges. Elections may bring political change, but they won't transform bad investments into good ones through magical currency revaluations that violate economic reality.

The sooner investors recognize the RV for what it is-an unrealistic expectation perpetuated by dealers profiting from hope-the sooner they can make informed financial decisions based on reality rather than fantasy.

For more information on the Iraqi dinar, check out IBN's Dinar Page here: https://www.iraq-businessnews.com/the-dinar-page/?swcfpc=1 

See also:

Iraqi Central Bank Reduces Supply of Dinars

Trump & Crypto: Will Bitcoin's Success Translate to the Iraqi Dinar?

Top 10 Dinar Articles from September

"Tired of Dinars", Iraq flocks to Dogecoin

From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

"I Want to Make Iraq Great Again": Trump's New Slogan for Iraq and What It Means

Savaya's "Make Iraq Great Again" echoes Trump's signature slogan, signaling a bold U.S. push to reshape Iraq's political landscape, curb Iranian influence, and strengthen ties with Kurdistan.

Click here to read the full article.

By Mohammed A. Salih for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.

Why Washington's anti-PMF moves are testing the Iraq partnership

Recent measures from the Trump administration against Iraq's Popular Mobilization Forces (PMF) -- a 240,000-strong force with an annual budget of roughly $3.5 billion -- portend a more difficult US-Iraq relationship, with growing implications across the security, political, and economic realms.

Click here to read the full report.

To browse our comprehensive library of reports on Iraq, click here.

By John Lee.

US resident Donald Trump has announced that Mark Savaya will serve as Special Envoy to the Republic of Iraq.

Trump said that Savaya's deep understanding of the Iraq-U.S. relationship, and his connections in the region, will help advance the interests of the American people.

Savaya was a key player in Trump's campaign in Michigan, where he and others helped secure a record vote among Muslim Americans.

According to media reports, Savaya is not Muslim but comes from Iraq's Chaldean community. He is understood to have built up a business in legal marijuana retailing.

In a post on X, Savaya said: "I am committed to strengthening the U.S.-Iraq partnership under President Trump's leadership and guidance. Thank you, Mr. President. "

(Sources: Donald Trump via Truth Social / Fox News / New Arab)

By Ahmed Tabaqchali, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Beyond Tariffs: Building a Mutually Beneficial Relationship between the United States and Iraq

The Trump administration imposed a 30 per cent tariff on Iraqi exports to the United States in 2019, citing a lack of reciprocity in bilateral trade, though oil exports were exempt from the measure.

While the tariffs do not directly alter the U.S. trade deficit with Iraq, they may indirectly affect revenues through lower oil prices amid weakening global demand.

The study calls for policies that strengthen the U.S.-Iraq Strategic Framework Agreement, shifting from tariff disputes towards a broader, mutually beneficial partnership across political, economic, cultural, and security domains.

Click here to read the full report [Arabic].

To browse our comprehensive library of reports on Iraq, click here.

The following were the ten most read dinar-related articles on Iraq Business News for the month of September:

1. The Iraqi Dinar Revaluation Deception: 10 Persistent False Claims Exposed
2. What the Future Holds for Dinar Investors
3. Iraqi Dinar Prospects: Reality Check After Six Months of Trump
4. Donald Trump and the "Great Iraqi Dinar Revaluation"
5. Iraq "Capable of Defending Exchange Rate" - Central Bank
6. CBI launches Inter-Wallet Money Transfers
7. Iraqi Central Bank Reduces Supply of Dinars
8. The Iraqi Dinar Revaluation Scam: False Hope, Financial Deception
9. Iraqi Dinar Q&A: Dinar Revaluation (RV) and Israeli Airstrikes on Iran
10. Dinars to Dollars: Official List of Approved Banks

For more information on the Iraqi dinar, check out IBN's Dinar Page here: https://www.iraq-businessnews.com/the-dinar-page/?swcfpc=1