EXCERPTS FROM MARKZ
Member: I believe Al Sudani promised his people the rate would change in 2024
MZ: Sudani said they would end the auctions in 2024 and implied they would increase the purchasing power of the dinar as well….
Member: I hear when the auctions stop- we have our RV
MZ: Exactly.
Member: Will Non Iraqi citizens be able to redeem IQD for increase after revaluation without committing it to direct Iraqi investment?
MZ: Absolutely.
MZ: On the bond side: Same story and same positivity ….. But I do not think we will see a bond holder with funds until early next week. But, if we see a facilitator with money before that (which is highly possible) this weekend- we will know it is party time.
Member: Is it possible we could get our notifications before bond holders get their Money
MZ: Absolutely. My guess they start getting paid the same time we get notices to make appointments. It would be too hard to keep things quiet any other way.
Member: A shotgun start makes sense
Members: Others say we get notified anytime after Nov. 6th.
MZ: That is pretty much what the upper echelon in banking are saying now. .
