DINAR REVALUATION

Monday, January 20, 2025

JEFF: IRAQ IS PREPARING TO THEIR NEXT STEP THAT IS TO REVALUE THE CURRENCY!! ‪@DINARREVALUATION‬ #iqd

Central Bank Of Iraq: 95% Of Dollar Sales To Boost Foreign Balances, 20 JAN

Central Bank Of Iraq: 95% Of Dollar Sales To Boost Foreign Balances

01/19/2025 Mawazine News – Economy The Central Bank of Iraq revealed, on Sunday, that foreign remittances constituted more than 95% of its daily sales, with the participation of 6 banks and 19 exchange companies.

According to a statement issued by the bank, its sales in today's auction amounted to 281 million, 623 thousand, and 107 dollars, at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and 1310 dinars per dollar for foreign remittances, while cash dollars were sold at 1305 dinars per dollar.

The bank indicated that most of the sales, worth 269 million, 823 thousand, and 107 dollars (equivalent to 95.91%), were allocated to strengthening foreign balances through remittances and credits, compared to cash withdrawals, which amounted to only 11 million and 800 thousand dollars.

With regard to the participating banks, the number of banks that purchased cash dollars was only one bank, while 5 banks met requests to strengthen balances abroad. 19 exchange companies also participated in the daily auction. https://www.mawazin.net/Details.aspx?jimare=258782

GOLDILOCKS: We are going to have to wait and see, 20 JAN

GOLDILOCKS

With everything going on with the inauguration on Monday, it hardly seems like they will have time to raise the debt ceiling in Congress by Tuesday. We are going to have to wait and see.

If nothing happens regarding raising the debt ceiling, the dollar will go into a default and create room for other currencies to move into new payment positions around the world.

On the 14th of this month, an executive order (Executive Order 14141 of January 14, 2025) went into play for Artificial Intelligence to step up. AI will have new calculations that will begin to form new chart patterns if the dollar falls.

I am not calling an RV, but the new mechanisms coming into play at just the right time does make me think the markets are positioning themselves for new calculations on local currencies around the world.

A newly listed Introductory Product Offering (IPO) typically takes several months to find its true market value, with the first few weeks often characterized by high volatility as investors assess the company and its stock price stabilizes.

This does not mean we have a long time to wait for new prices to begin to form. Currencies fluctuate all the time, and exchange rates are often given to people in the midst of an exchange during times of volatility.

It will be very important for us to watch what happens in the signing of over 100 executive orders by President Trump on his first day in office. We do need to see a form of crypto clarity to move forward inside the new digital banking system where AI can be applied to the new monetary volumes that will come through.

The new Executive Order 14141 gives the President power to enact new laws such as the ones we have been witnessing form the last 5 years in this room. We have been told it's going to be an interesting 90 to 100 days ahead of us. The time has come for change to become a living reality.

https://www.federalregister.gov/documents/2025/01/17/2025-01395/advancing-united-states-leadership-in-artificial-intelligence-infrastructure

https://www.whitehouse.gov/about-the-white-house/our-government/the-executive-branch/

FRANK26: Soon I will be receiving thousands of locations where you will be able to exchange#iqd

Stellar Energy: Our projects signed with Iraq will contribute to reducing grid bottlenecks, 20 JAN

Stellar Energy: Our projects signed with Iraq will contribute to reducing grid bottlenecks

Yesterday, 21:22

+A -A

Baghdad - INA

Stellar Energy Company in Iraq and the Middle East confirmed today, Sunday, that its projects signed today with the Iraqi Ministry of Electricity will contribute to reducing grid bottlenecks and improving its reality while confirming that it has two projects that have been launched earlier and are expected to add 600 megawatts

The company's CEO, Gordon Lyon, said in a statement to the Iraqi News Agency (INA), that "the agreement signed today between the company and the Ministry of Electricity came with direct support from the Prime Minister and the Minister of Electricity," noting that "the agreement aims to implement strategic projects in the field of electricity transmission and distribution, which contributes to improving the energy reality in Iraq and reducing grid bottlenecks."

Lyon explained that "the company has a long record of projects, including work on the Kirkuk power stations as well as the Sadr station in Baghdad, which is expected to contribute to producing about 600 megawatts over the next two years."

He added that "Stellar Energy continues to support the Ministry of Electricity by providing the necessary financing from accredited international banks, which enhances its ability to implement future projects."

He pointed out that "the agreement will enter into force after completing the official procedures, including addressing the Ministry of Planning to include the loan in the upcoming budget. After that, the Ministry of Electricity will form a team to prioritize the projects and distribute them according to the needs of the sector, so that implementation can begin according to a well-studied work plan."

TIDBIT FROM MNT GOAT, 20 JAN

Mnt Goat

Article: “CENTRAL BANK RENEWS DIRECTIVE TO SPREAD AND EXPAND FINANCIAL SERVICES AND

ATMS” Why are these ATMs so important to our investment in the Iraqi dinar?

They are important because the CBI told us they are an integral part of the Project to Delete the Zeros.