Friday, February 23, 2024

Source: Baiji Refinery boosts domestic production, 24 FEB

Source: Baiji Refinery boosts domestic production

Shafaq News/ On Friday, a government source disclosed that the Baiji oil refinery has been successfully rehabilitated and brought back into operation.

Today, the Iraqi Prime Minister, Mohammad Shia Al-Sudani, reopened the refinery, the largest in Iraq.

The source told Shafaq News Agency that the refinery now boasts a production capacity of 150,000 barrels per day, emphasizing that it has led to a 50% reduction in the need for imported gasoline.

The refinery, with a base production capacity of 310,000 barrels per day, had been closed for over ten years, and its operations were interrupted when ISIS occupied it in May 2014.

Following the liberation of Baiji from ISIS in 2015, the refinery faced challenges. Some reports said that armed factions involved in the military operations against ISIS “stole” the refinery’s equipment and sold them.

Later, Prime Minister Al-Sudani announced that the stolen equipment and devices were recovered.

https://shafaq.com/en/Economy/Source-Baiji-Refinery-boosts-domestic-production

"RV UPDATE" BY WOLVERINE, 24 FEB

WOLVERINE

It has been a long journey for all of us, some of us have been in this for 30 years. A person I know has been in this since the 1960s when she heard about this, more than 50 years ago. It boggles the mind how many years people have waited for this to happen.

We can’t get any info from Reno, Zurich or other platforms because everyone is under NDA and that is a good sign. No one is talking. I tried to talk to Whales and they are under NDA, and yes, they have been blessed.

I think there is not going to be an announcement, I think it is a process, I think people will just get paid, and they will sign an NDA, and then we will know about it. They will probably celebrate with their family and their platform. I do not think we will all celebrate together as we wanted to.

I have been told by a good source that we may celebrate by tomorrow Fri. 23 Feb.

There are some things I cannot tell you. I know people are suffering, about to lose homes, living in cars, severe health issues, like me.

I want to let you know that it has started and I am just waiting for a call to release.

My personal opinion is that we will get appointments next week.

Bondholders need to get paid first and then currency holders. Historical bond holders will go last after the currency holders.

That is about it guys. It has been very stressful for me guys. I am going to the Gold Coast. I can’t go today, due to a glitch in the system, but I will go tomorrow as I have been invited to a summit to be a guest speaker and will be back on Monday. There is nothing more I can tell you. Take care guys, Wolverine.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-wolverine-23-feb.html

Wed. 21 Feb. Wolverine Whale Movement (of funds) Happening

19,905,635 #XRP (10,751,673 USD) Transferred From #Binance  To Unknown Wallet. 18,544,887 #XRP (10,016,690 USD) Transferred From #Binance  To Unknown Wallet. 

Someone Knows Something Huge Pump For #XRP. …

“The QFS is connected to 108 banks, is active in 14 countries and the platforms are ready to allow transfers. We are ready. God bless.”

https://dinarevaluation.blogspot.com/2024/02/rv-update-we-are-ready-by-wolverine-22.html

The Iraq Reinstatement | Bank Screens Flashing | Rising Values and Banki...

PM calls for ending oil derivatives imports as Iraq eyes self-sufficiency, 24 FEB

PM calls for ending oil derivatives imports as Iraq eyes self-sufficiency

Shafaq News/ Prime Minister Mohammed Shia al-Sudani on Friday criticized Iraq's long-standing practice of importing oil derivatives despite the country's huge daily crude oil production.

He pledged to achieve self-sufficiency in oil derivatives by mid-next year.

Speaking at a ceremony to celebrate the reopening of the Baiji North Refinery, al-Sudani denounced the decades-old policy of importing oil derivatives given Iraq's potential to meet its own needs.

"We have the capability to secure our own oil derivatives," al-Sudani said. "We are nearing the goal of self-sufficiency, with a target set for mid-next year. Our nation's heroes may even surpass this timeline."

Al-Sudani said that redirecting funds from oil derivative imports would bolster other vital sectors and reaffirmed the government's commitment to prioritizing the oil and gas industry, with a focus on efficient resource utilization and maximizing income.

Work at the Baiji refinery, Iraq's largest with a processing capacity of 310,000 barrels per day, was halted after it fell under ISIS control in May 2014.

Following the liberation of the Baiji district in 2015, many equipment were found to be lost from the refinery with fingers pointing toward Iraqi armed factions that participated in the liberation battles. Al-Sudani later announced that the looted equipment was recovered.

https://shafaq.com/en/Iraq-News/PM-calls-for-ending-oil-derivatives-imports-as-Iraq-eyes-self-sufficiency

"IRAQI BANK FRIEND AKI UPDATE" BY WALKINGSTICK, 24 FEB

WALKINGSTICK

[Iraqi bank friend Aki update]

The training with the specimen sheets is a daily continuing thing...We don't know if it's going to be the DeLaRue machines or a completely different structured machine because the new security features on the new small lower notes are not recognizable on the old DeLaRue machines. Aki is working with new sorting and counting machines [Not the new DeLaRue machines]...These machines [New DeLaRue] will only be used inside of Iraq. Aki has no need for these machines...Chase's JP Morgan who buys and sell currency around the world would also have these new machines.

The CBI was given new DeLaRue machines to use by the United States Treasury. Why? Because the old DeLaRue machines cannot read the new security features on the new lower notes.

The Government of Iraq is soon to receive the funding for everything that is waiting for a new international exchange rate, for everything the world is waiting for, for what you're waiting for, for what the Iraqi citizens are desperately in need of.

"IRAQI BANK FRIEND UPDATE" BY WALKINGSTICK, 7 FEB

[Iraqi Bank Friend Aki update]

Aki [and his boss Number One] went to the meeting on Thursday with everybody else that represents banks in Iraq. The one question we had for them, 'Gentlemen, we've been seeing some articles that are suggesting maybe we're looking at about two more months away...' [they answered] 'NO! Who told you that!'

All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. All the things that Aki [Iraqi bank friend] had to do in order to qualify to exchange the 3-zero notes into American dollars is done. International platforms that were needed in order to do electronic transfers is done...

[Iraqi Bank Friend Aki update]

This is the monetary reform roadmap for the next couple of weeks...January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens

...Either Thursday or Friday the Minister of Planning, Minister of Finance, the Governor of the Central Bank of Iraq and the Prime Minister Sudani are all going to be receiving the flow down of information regarding the new currency that is to be released and the new exchange rate for that new currency...Also...the Erbil Stock Exchange (ESX) and The Iraqi Stock Exchange (ISX) have completed their linkup...of international platforms. They are done and going live at any moment.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-2-feb.html

[Iraqi Bank Friend Aki update]

This is the monetary reform roadmap for the next couple of weeks...January 29th a banking campaign was started to release deeper education about the monetary reform to the Iraqi citizens

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-walkingstick-2-feb.html

Breaking News Iraq Prime Minister Receives Official Letter from America,...

The Governor Of The Iraqi Central Bank Identifies The Advantages Of “Electronic Collection”: A Very Important Episode, 24 FEB

The Governor Of The Iraqi Central Bank Identifies The Advantages Of “Electronic Collection”: A Very Important Episode

Economy News – Baghdad Today, Thursday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, described the issue of electronic collection as an “important episode,” and while he pointed to the advantages of collection, he stressed the Central Bank’s commitment to supporting this initiative.

Al-Alaq said in a speech during a workshop organized by the Iraqi Private Banks Association, and attended by an “Al-Iqtisad News” correspondent, that “the launch of the electronic collection project comes as a translation of the commitment of the Central Bank and the banks and financial institutions subject to the supervision of the Central Bank to implement its vision and strategic objectives to develop the financial banking sector in Iraq.”

He added, "The project will contribute significantly to enhancing government resources and collecting them in a reliable, secure and transparent environment, relying on the infrastructure in payment systems and electronic payment platforms provided by the Central Bank and providing payment services."

Al-Alaq stated, “This project generally targets all governmental ministries, as well as non-governmental ministries, unions, and associations from which the amounts are collected,” pointing out that “this project will enable the automation of all collection operations, the adoption of electronic payment tools, and the reduction of cash transactions, which in turn will help reduce the burden of burden on citizens by accelerating the completion of transactions.”

The Governor of the Central Bank explained, “Customers can choose the time and place they want to pay bills, and this will save time and effort and provide services to pay citizens through multiple payment channels with a high degree of trust and security.”

He pointed out that “this matter increases collection rates, reduces costs, reduces the risks of cash dealing, raises the efficiency of the service provided to the citizen, and obtains integrated data and reports,” considering that “electronic collection is an important link among the links seeking to reduce the phenomenon of the cash economy, which the Central Bank seeks to achieve.”

"ANALYSIS OF IRAQ NEWS" BY CLARE, 24 FEB

Clare

Article: "Al-Sudani is making an upcoming visit to Washington" Quote "The two sides discussed the files that will be raised during the Prime Minister’s upcoming visit to Washington, and the cooperation mechanism within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard,”

"ANALYSIS OF IRAQ NEWS"

Al-Sudani’s Office: The Iraqi speech in Munich was frank about issues of sovereignty, security, and economic partnerships

2/17/2024

Director of the Media Office of the Prime Minister, Rabie Nader, confirmed today, Saturday, that the Iraqi speech in Munich was frank on issues of sovereignty, security, and serious economic partnerships.

Nader said, in a tweet on the {X} platform, that: “More than 22 meetings were held by the Prime Minister in Munich in just two days, and the Iraqi speech was frank on issues of sovereignty, security, and serious economic partnerships.”

He added, “There was great international understanding of Iraq’s desire to move the relationship with the international coalition countries from security to strategic partnerships in various fields, and the messages were clear that Iraq’s security is necessary for the security of the region and a stable Iraq is in everyone’s interest.”

Nard continued, “Iraq is a meeting point and refuses to be an arena for settling scores, and the international community must move quickly to stop the war on Gaza.” LINK

Clare: Al-Sudani discusses with members of the US Congress the end of the international coalition’s mission and the transition to bilateral relations

2/17/2024

Prime Minister Muhammad Shiaa Al-Sudani discussed, with members of the US Congress, today, Saturday, the end of the international coalition’s mission in Iraq.

Al-Sudani’s media office stated in a statement received by {Al-Furat News} that “Prime Minister Muhammad Shia’ al-Sudani received four members of the US Congress, namely: Mike Turner, McKeirl, Joe Wilson, and Gerry Connolly, on the sidelines of his Excellency’s participation in the 2024 Munich Security Conference.” .

The statement added, “During the meeting, bilateral relations between Iraq and the United States were discussed, and ways to enhance constructive cooperation, as well as a number of files and issues of common interest were reviewed.

The meeting also touched on the ongoing dialogue regarding ending the mission of the international coalition in Iraq, after the arrival of the security forces.” Iraq has reached an advanced stage of readiness and high performance, and the transition to broad bilateral relations between Iraq, the United States of America, and the rest of the coalition countries.”

The Prime Minister stressed, “the necessity of developing relations between the two countries at various levels and sectors, without limiting them to the security aspect only,” pointing to “the state of recovery that Iraq is going through, the reforms it is witnessing in various economic and financial sectors, and the progress of concluding integrated economic partnerships with countries in the region.” “And the world, which will contribute to promoting development and achieving stability for the country.”

For their part, members of the US Congress indicated their “interest in the success of the Iraqi government in several aspects,” stressing “the importance of Iraq and its role in enhancing security and stability in the region.” LINK

🔥 Iraqi Dinar 🔥 Changed their Rate on March 24th 🔥 News Guru Intel Updat...

Iraq No Longer Needs U.S.-Led Coalition Forces: PM, 23 FEB

BAGHDAD, Feb 21 (NNN-NINA) – Iraqi Prime Minister, Mohammed Shia' al-Sudani, said yesterday that, Iraq does not need military advisors from 25 countries, to work within the mission of the U.S.-led international coalition, to fight the Daesh group.

Al-Sudani made the comments during a press conference, in which he stressed that, the Iraqi government began an integrated programme to improve the armament of the security forces, in conjunction with seeking to end the presence of the international coalition in the country.

The justifications for the coalition's existence in 2014 have ended today, and“we are in the year 2024,” al-Sudani said.

He said, the Daesh no longer poses a threat to Iraq's security, adding, the capabilities of the Iraqi security forces have improved significantly and it can now maintain security in the country.

Al-Sudani stressed that, the government hopes to move to a new phase of relations with the international coalition countries, including the economic, political and security aspects.

Al-Sudani's comment came, as Iraq and the U.S.-led coalition held on Feb 11, a new round of dialogue to discuss ending the coalition's mission in Iraq.– NNN-NINA

MENAFN20022024000200011047ID1107877447

https://menafn.com/1107877447/ Iraq-No-Longer-Needs-US-Led-Coalition-Forces-PM

Evening News with MarkZ. 02/23/2024

Friday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Good evening Mark and to all in the RV community

Member: Another month passes by…

Member: This weekend Mark!!! Golden Weekend!

Member: Is there any RV news at all today?

Member: Had info from a platform that Reno may move today?

MZ: We definitely heard those rumors as well. There are a lot of rumors for this evening…a lot of platform rumors, and group rumors for this evening. But, some of my best contacts do not believe it is happening this weekend….but they are absolutely prepared….It’s best to just stay calm.

MZ: But I hope the people hearing it’s going to be tonight are correct.

NZ: “JP Morgan selected to run New Trade Bank in Iraq” JP Morgan in Iraq has been preparing in Iraq according to Bloomberg and newsweek ….meanwhile their offices here in the US -the JP Morgan staff tells people it is not happening…..

MZ: They are either given you a approved message from employees…Or they are not at the level to know yet.

Member: Currency being called a ‘scam’ is the funniest thing ive ever heard, every country has its own currency and exchange rate, how can THAT be a scam?

Member: Chase Banks Vice President and manager admitted yesterday at our meeting they know....

Member: I've heard 2023 is the year of jubilee, saying that, Bo Polny says we're still in 2023 and 2024 Member: starts (from Jesus' time) 3/14/24 I pray he's accurate on all of it!!

Member: Mark Kuwait RV'd during ramadon so maybe Iraq could too??

Member: You know - back in the day of Nick Fleming - he called for March 2024. Maybe, just maybe he was right about something!

Member: Everyone enjoy your evening….see you in the morning. Hope the sources who say tonight is the night are right!!!

Mod: BYE ALL AND PLEASE DO NOT EMAIL MARK OVER THE WEEKEND! HE WILL DELETE THEM. THANKS

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com

STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx

GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

"RV UPDATE" BY FRANK26, 23 FEB

Frank26

This parallel market is going to shift down to the 1310, to quickly move to a goal of 1 to 1 rate inside of Iraq. Between the 19th of this month and 29th...the WTO will be admitting 5 countries into the WTO. I believe deep in my heart one of them will be the Iraqi dinar [Iraq?]

The U.S. dollar is going down in value this week, which means your currency [Iraqi dinar] is going to go up in value. The only way for that to happen is with a new exchange rate and the lower notes to match it. IMO you're going to see the dollar go up before it is finally removed and irradiated one last time...

If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you'll be able to see the safety features. The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers. The state of the art technology of security for toilet paper value? No, that alone is an important aspect for you to understand...

When this blessing occurs, where do you go? Do you go to a bank? Do you go to an American Bank?

Should you go to Iraq and use an Iraqi bank? Can I use the kiosk at an airport?

Can I use a credit union? You want to use a large bank. You want to use a bank that would help you with your wealth and management.

Don't go to a mom and pop place...We have a bank of interest - [Chase Bank]. Many of you thought it was going to be Wells Fargo. It's highly possible Wells Fargo will still play a part...We should consider Chase. We should consider a big state bank...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-frank26-19-feb_01931694139.html

The high quality sample sheets [of new lower note dinar samples] are for the employees but eventually when the CBI is ready then they will invite the Iraqi citizens to come to the banks through their apps on their phones...flyers...billboards...television...commercials to come in. 'We would like to introduce you to the new lower notes that we would like to be giving you.' They'll project these new 1, 5, 10, 20, 50, 100 on the Channel One Iraqi Financial News.

The process for you to exchange your currency...when you decide it's time...you're going to go to Chase.

You can go to other banks, nothing wrong with that...but I would suggest you go to Chase...What is the Chief Executive Officer of Chase doing in Iraq right now? Opening 10 Chase banks...I don't believe in coincidence...I encourage you to consider Chase because they're going to be able to connect you with IMO one of the most powerful ways to diversify your money. Yeah, JP Morgan.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-frank26-19-feb.html

CBI # sell, or the dollar to the real traveler BY NADER FROM MID EAST

Al-Alaq Denies To Al-Iqtisad News The Existence Of A Liquidity Crisis In The Iraqi Dinar, 23 FEB

Al-Alaq Denies To Al-Iqtisad News The Existence Of A Liquidity Crisis In The Iraqi Dinar

Money and business Economy News – Baghdad The Governor of the Central Bank of Iraq, Ali Al-Alaq, denied reports that there was a problem in providing the dinar.

Al-Alaq said in his speech to Al-Iqtisad News, on the sidelines of the workshop on enhancing electronic government collection, organized by the Iraqi Private Banks Association, today, Thursday, that “everything that is being raised about a problem in providing the Iraqi dinar, or a liquidity crisis, is not true.”

He added that the Central Bank did not stop for a single moment in responding to the Ministry of Finance’s liquidity requests. Views 131 02/22/2024 https://economy-news.net/content.php?id=40761

"ANALYSIS OF IRAQ NEWS" BY MILITIAMAN, 23 FEB

Militia Man

Article: "Al-Sudani makes comments on US sanctions: We will not abandon the private banking sector" The work Al-Sudani has done thus far is truly amazing... Previous governments were allowing the theft of massive amounts of money. That is no longer. This is likely why...the UN Assembly meetings were successful and with powerful statements about Iraq's future in "Restoring Confidence" (DAVOS) to the Global Financial system and with the largest banks in the world, i.e., J.P. Morgan Chase, CitiBank, etc..

The amount of construction and all those things that we've talked about are not going to be affordable at 1310.

They specifically did a tripartite budget which they haven't totally exposed yet...But notice the things they have done. They were in the UN assembly... Davos...Munich and they were doing deals behind closed doors with all these different countries of the world...Middle East, United States, Great Britain and on and on and on...

Are they going to be doing this to stay where they were before or are they going back to a previous era? 1169, 1182, 1460, 1310, they never went international with those rate...

Article: "Government advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally" Is this the major announcement or a lead into one, that Salih told us about? If it isn't an announcement it surely is a good lead into one...Awesome news indeed.. International ships arriving, partnering with the private sector, integration with the global economy, compliance with with international standards. Surely we can all see the writing on the wall.. Yep.. Powerful.. imo

One of the things that's important is what we didn't have in the past was banks talking to us at the length that they are now...

Article quote "...Iraq will return to being a strong economic player." If they're not a strong economic player at 1310 why would they be tomorrow? ...Iraq's not going to go international until they show us a Real Effective Exchange Rate. I'm looking forward to it. I think it's going to be powerful.

[Mr. IT Guy Bank Story]

My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back.

MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.

My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.

The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue..

As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash...

MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff.

https://dinarevaluation.blogspot.com/2024/02/complete-mr-it-guy-bank-story-by.html

Iraqi Dinar🔥 Fianlly Exciting Arrival of New Currency Notes"Iraqi Dinar ...

Al-Sudani: 2025 Will Witness Stopping The Waste Of Billions After Being Satisfied With Oil Derivatives[/Size], 23 FEB

Al-Sudani: 2025 Will Witness Stopping The Waste Of Billions After Being Satisfied With Oil Derivatives[/Size]

Economy | 11:52 - 02/23/2024 Mawazine News – Baghdad Prime Minister Muhammad Shiaa Al-Sudani set the year 2025 as the date to stop the import of petroleum derivatives, during his inauguration of the North Refinery in Baiji. Al- Sudani stated, in a speech during the opening ceremony, that “this achievement and the previous achievements are in order to complete the country’s needs.” Of oil derivatives, the most recent of which was the opening of the Karbala refinery and another in Basra.

He added, “This is today’s great achievement to achieve an important step on the way to declaring Iraq soon, God willing, after completing the rest of the projects no later than mid-2025, and God willing, the heroes will surprise us with a sooner date to announce the completion of Importing oil derivatives and transferring this huge amount of money, billions of dollars, to other aspects. This is the real reform.

He pointed out that "reform is not a single word, it is not just a word, but rather action, planning, and a goal, and this is what we are working on."

He continued, "The other side of this achievement was achieved through national effort as well. When we announced the start of the construction of this refinery, there were those who doubted this promise and said that the reasonable time limit ranged between 3-4 years, and we used to hear this from those who claimed specialization." https://www.mawazin.net/Details.aspx?jimare=242596

"RV UPDATE" BY MNT GOAT, 23 FEB

Mnt Goat

...when it does finally come out on the global exchanges, like FOREX, the rate in Iraq will coincide to whatever the rates are on the global currency exchanges that you want to exchange the dinar to. The banks will then use FOREX...Once on FOREX, there will be currency exchange rates in Iraq and elsewhere according to the country’s currency you are exchanging it in.

For instance, if you are in the United States you will exchange for USD. If you are in Germany you will exchange for Euros, etc.. etc... There are no other rates. The Iraqi program rate will be gone. That whole temporary currency system will be gone.

"ANALYSIS OF IRAQ NEWS: CBI CANCELING CURRENCY AUCTIONS" BY MNT GOAT, 23 FEB

So, just today another article came out from the CBI telling us about yet more steps in the RV/Reinstatement process that are about to be implemented. The news could not get any better, aside from having the reinstatement itself. WOW! WOW! WOW!

I want to fully explain all of it in detail to you and why I feel so excited today and what we should look forward to soon. In this recent article the CBI is telling us once again the plan to end the currency auctions which also means the U.S. Treasury electronic platform, installed last January 2023. Do you remember? So even though we have been hearing bad news about the inability of the CBI to control the parallel rate, something has changed for the better. Here is the quote from the article –

“The Central Bank of Iraq is heading to cancel the electronic platform and the currency auction soon”.

We all know that soon means many things to the Iraqis. Speedy Gonzales does not work in Iraq… lol.. lol.. lol.. But also remember that the CBI told us in another past article that March is targeted for this effort to occur. March is just a week away.

https://dinarevaluation.blogspot.com/2024/02/analisis-of-iraq-news-cbi-canceling.html