Saturday, January 20, 2024

"RV UPDATE" BY BRUCE, 20 JAN

  Bruce

   ...we heard from...one of our contact in Iraq...that not only do we have an international rate and an in country rate - which are different – for Iraq - but we also have Iraq trading that rate on the Iraqi dinar internationally...about when markets close ...Friday...banks close around six o'clock -  somewhere in that timeframe  the Iraqi dinar - the new Iraqi dinar rate will be trading internationally -  and that we should see it here...in the US...

Now we know where the dinar closed [Thursday] we know where it was a couple of days ago on Tuesday and it's still really strong ...trading range way above the international rates and way above the in country rate for Iraq...One of our very strongest highest banks and sources is saying that we will have our notifications by or before Saturday - this coming Saturday...I think we're we're almost home.

One of our strongest sources is saying that we will have our notifications by or before  Sat. 20 Jan, or they could start on Mon. 22 Jan as that is what the Redemption Centers are preparing for. 

We heard from our source in Iraq that not only do we have an Intl and In-country rate but we also have Iraq trading that rate internationally about when markets close tomorrow Fri. 19 Jan. About 5 – 6 pm ESTwe should see it in the US. Some time Sat. 20 Jan

Bond Holders should receive access to funds – in about 48 hours time Bond Holders will be able to see what is in their accounts and get access to 10%. So today we heard that there was an Iraqi Dinar In-Country Rate of a little over $3. But our rate is going to be higher. Back in 2012 Dr. Shabibbi said it would be well over sixteen. Well, we’re well over that, and we should be in good shape in terms of what they offer us.


No comments:

Post a Comment

IMF: Fiscal Expansion to Boost Growth in Iraq (FULL REPORT), 20 MAY

IMF: Fiscal Expansion to Boost Growth in Iraq (FULL REPORT) 20th May 2024 in  Iraq Industry & Trade News ,  Politics By John Lee. The  I...