STATUS OF THE RV, PART. 2
Next, I need to cover what many might see as a negative article. But I assure you it is just gossip and a devaluation of the IQD is NOT going to happen. Please see article titled “BETWEEN ECONOMIC EXPERTS’ WARNINGS AND GOVERNMENT DENIAL, THE VALUE OF THE IRAQI DINAR IS AT STAKE”
I believe the point the author is trying to make in this article is that if the CBI does not move soon on the next stage, what Al-Abidi talks about in his article there may be repercussions in the economy.
In that just because Iraq is now out of the currency auction platform everything is still not completed. There is more to do to get the dinar to the place that they desire it. This last step alone will not do it.
So rumors begin and an informed government source denied, on Tuesday (January 28, 2025), that the Iraqi government has any intention to reduce the value of the dinar against the dollar, despite rumors indicating upcoming measures to confront economic pressures and challenges in the international market. Do you see what I mean now once you read this paragraph? The CBI must make this move to the next stage and do it soon, very soon, not years in the future.Now that they have moved closer to the international way of banking for their imports (through foreign correspondent banks), they must eventually move to FOREX and to get to FOREX trading they will need to conduct the Project to Delete the Zeros. The final goal in all these steps is to get of course to reinstate the dinar on FOREX but also to have the IQD usable for trade. What I mean is to create a desire for acceptance of the dinar as a means to pay for imports to Iraq. Why would anyone want the dinar now at 1/6 of a penny? Get it?
So, when I listen to intel from many of these intel gurus out their namely this jackass TNT Tony, I can see through the lies either someone is feeding him or he is just making it all up himself. I know the steps necessary to get to FOREX and believe me we are not exchanging our dinar as investors unless the IQD is back on FOREX. No one is exchanging the IQD for anything other than the “official” CBI rate 1310 or maybe a black-market rate. But certainly not at $3 or $4 dollars for example. How stupid to even believe this crap. How long has this nonsense been going on?
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