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Thursday, December 19, 2024

FIREFLY: THE PURCHASING POWER OF THE IQD WILL COME ONCE THE CURRENCY AUCTIONS STOP, 19 DEC

 Frank26  

 [Iraq boots-on-the-ground report] 

  FIREFLY:Mr Sammy told me the dollar auctions were the main and only thing that was holding down the value of the Iraqi dinar and now that Iraq has opened channels to the international countries for money transfers and when the black market of the dollar auction closes it will allow the value of our currency to go up. 

 FRANK:  I agree with him 100%...The stoppage of the auctions is the key to everything.  All of the other dominoes are going to fall one after the other at a very fast pace...

Sudani is working very hard to make sure that he closes the auctions with everything in place in order to give you purchasing power he promised you...

PMF chief affirms unity with Iraqi armed forces

The head of staff of the Popular Mobilization Forces (PMF), Abdul Aziz Al-Muhammadawi, and the PMF leadership stressed on Wednesday that the...