STATUS OF THE RV, PART. 2
Remember, we are still waiting for that second in-country “official” rate change by the CBI close to 1000 dinars per dollars, but the parallel market must be broken first and very close to the official rate. It is now at 1443 and needs to be at about 1000-1320. But this is not that far off.
I personally believe this is not really the holdup but rather it is political and has all to do with Iran. We can see it now in the political news and how negotiations with Iran have causes, in part, this rise in the dinar. Then comes the Project to Delete the Zeros which, as we know, lays the groundwork for the reinstatement.
The articles tell us today that these recent swings will not last and are temporarily, however they also tell us that the overall trend is going to be upward. This is the groundwork being laid so they will be permanent in the near future.
You see, it is going to be a cumulative effect of many reforms that will finally completely break the black market on the dollar, then we will see a sudden rise in the dinar. The key word is “completely”.
This is going to happen suddenly and when you least expect it. They are almost there now. The icing on the cake (the final straw) is said to be in June. So, here are a couple articles from today’s news that may help you understand what is really going on. I suggest you go re-read that article from June.
😊The first article is titled “THE RISE IN THE VALUE OF THE NATIONAL CURRENCY HAS LOCAL AND INTERNATIONAL CAUSES.” The Iraqi dinar’s exchange rate against the US dollar has witnessed a significant improvement over the current period, supported by a number of internal and external factors.
Most notably, the country’s large financial reserves, the prudent monetary policies pursued by the Central Bank of Iraq, and signs of a thaw in US-Iranian relations have combined to boost the value of the national currency.
Oh… did they say US-Iranian relations had an impact? All I can say is “I told you so”. Why else do I spend so much of my time putting together the Political Section of my Newsletter for you?
You do want to understand what the holdup is, don’t you? What do I keep telling you? It is all about politics as we all should know by now that the dinar rate is being artificially suppressed due to the political forces who want Iraq to first conform to their globalist policies. You can read it all here in this article for yourself. I am not making this stuff up.