"RV UPDATE" BY FRANK26, 4 APRIL

  Frank26

  The HCL simply waits for the new exchange rate to be released just like everything else is waiting for it.  You, me, contracts, investors, Forex, etc etc.  

Article: "Al-Shammari reveals the most prominent files of Sudanese’s visit to Washington and the government’s ambition regarding the dollar"   THE FINANCIAL FILES WILL REPLACE THE PROGRAM RATE  Quote:  "The government is planning to reduce the dollar to the official rate."  This is certain, but it takes time.

  The next thing I want to see [After the restrictions are lifted on the one main Iraqi bank] is the budget being amended and released because then after that it's a domino effect.  Everything else will follow it...

The CBI announcement - We believe it's about the currency.  We believe it's about the auctions.  We believe it's about a change in the auctions, a metamorphosis of the auctions which is exactly what the US Treasury wanted in order to have security and stability in the bank, which was exactly what was needed in order to bring forth a new exchange rate for their currency.  

  Frank26 

  [Iraq boots-on-the-ground report] 

  FIREFLY:  Ramadan is over on the 8th.  Then we have EID holiday from the 8th to the 14th and then on the 15th Sudani is supposed to go to Washington D.C...It's time to get a little excited...

   FIREFLY: The foreign minister already in USA is a prelude to Sudani grand stand that's coming April 1st, our new fiscal year.   

FRANK:   So much is now pointing for your 1st quarter.  April the 1st or maybe the first week of April especially with Sudani going to see the President of the United States in Washington DC on the 15th of April.  It seems to me he's going to go see the president with a new exchange rate under his belt...not the weak leadership of a program rate.

  FIREFLY: TV is say when Sudani goes to Washington.  OMG that's a long time off.  Means nothing changing until after that probably, if it does this year.  

FRANK:  I don't care if it happens on the 15th of April.  I don't care if it happens tomorrow.  I just know it's happening with all that we're seeing.  The proof is there.  There's no doubt about it.

 FIREFLY:  Tv talked about  parliament finance has been meeting...with the CBI officials talking about mechanisms to pay the salaries and all the project we have.  This is a good sign.  They are meeting right before the budget goes to parliament next week. 

 FRANK:  Firefly knows if it does go to parliament and they vote, it will expose an exchange rate.  Certainly not a program rate.

FIREFLY:  Talked to bank friend.  He told me it seems to be the quiet time but soon news on the amending budget will appear...Nothing will get done, so it's going to be soon.   The dropping of the zeros is off the exchange rate...We were told on TV that during next week the 2024 amended budget will arrive at parliament for their vote.  

 FRANK:  Stay very close to your friend because at any moment IMO I believe he'll be able to give you what you're looking for, what they promised you. 

https://dinarevaluation.blogspot.com/2024/03/iraq-boots-on-ground-rreport-by-firefly.html