Thursday, January 30, 2025

EXCERPTS FROM MARKZ, 30 JAN

 EXCERPTS FROM MARKZ

Member: Some are saying nothing until Chinese new year ends and HSBC is open on Monday next week

Member: Another Intel person says IQD rate being 4.75 and contract rate at 5.19. And possible announcement on Saturday.

​​Member: Majeed is indicating Iraq Forex this Weekend!

Member: That would be amazing. 

MZ: I am hearing they have sped things up massively in the last 10 days. 

Member: With Kuwait having the highest currency in the world, it makes no sense for Iraq to revalue at a rate too much higher than Kuwait.

Member: Mark why hasn't 4b got notifications for the rv? what are your thoughts on when it would happen?

MZ: I have zero bond updates today. This may have been one of the longest stretches I have seen in weeks with nothing on that front. Same with PP’s CMKX ect…..contacts are not sharing information. They have really tightened up the lips. Zipped the lips

COFFEE WITH MARKZ: Iraq RV & Bond Updates: MarkZ Shares Insights on Political Challenges and Financial Transition

  Introduction: Waiting for the Dinar Revaluation Iraqi Dinar holders have been anxiously awaiting updates on the  RV (revaluation) , bond m...