...we had screen rates at the banks. We didn't get the rates at the redemption centers...but we did get the rates at the bank and of all of those currencies that are going up in value - Most of them are in a...Very nice range...Four and seven is where they're going to settle in. Now the dinar is much higher, and even on even on the bank screens, it's much higher and the Dong may be maybe higher.
...we did not get this before Christmas as was the desire. It just didn't happen. And it looks like we should be in a position to get this Any day now... once the Treasury gives the green light to start - then we're underway. That's pretty much where we stand right now.
Amiri calls for scheduling the removal of US forces from Iraq
Information / Baghdad...
The head of the Nabni Alliance, Hadi al-Amiri, on Thursday, called on the federal government to set a timetable for the removal of US forces from Iraq.
Amiri said at a conference held in Diyala province and continued by the "information", that "the Americans prevent Iraq even from repairing helicopters and there is no reason for the continued stay of their forces in the country," adding that "the defeated, terrified and agents are the only ones who say we need American forces."
He added that "the American aggression is still repeated, so we demand and the government to set a clear timetable for the exit of US forces until Iraq stabilizes and to preserve the blood of our sons, especially the brave sons of the resistance," stressing : "We will not allow the survival of these forces."
"The security services in their various formations are capable of preserving Iraq's security from all evil people, and the Popular Mobilization Forces are the guarantee of the unity, sovereignty and dignity of the country now and in the future," the head of the Nabna Alliance said.
[via PDK] ...bank story...I am going to leave out the name of the bank so they do not get harassed.: “I went to my nearest ____ bank in California on Mon 12-18 to talk about the possibility of opening an account with them. I told the account rep I had a lot of foreign currency and have been reading that ______ bank was one of the banks doing deals in Iraq and were going to be one of the participating banks when the RV (Re-valuation) happened.I asked if that was accurate? The account rep lowered his voice a bit, smiled at me and said “Yes, they are going to be one of the participating banks when it happens but I would need to have an account in order to redeem”
I asked him if I opened an account today would it help with the process, and would this branch be where I would be exchanging? He said “Yes and No” Yes I could bring in my currencies here…but they would have to send them to a branch in a different city to verify the currencies are legitimate. I asked if I could just drive to that branch and redeem it myself there and he said “Absolutely” and that way you do not have to let your currency out of your sight. So what I call a redeeming bank or redemption center- are locations like that one that are set up to verify and exchange it right there in front of you with trained personnel. RC’s are banking facilities specifically set up with specially trained staff to verify your currency in front of you so you do not have to let it out of your sight.
Well there is plenty of expectation for this weekend...things are highly possible by the first.
There seems to be a lot of fear about redemption centers. What I refer to as redemption centers are participating banking institutions. You can call them what you want. These are banking properties with banking personnel trained to handle foreign currency transaction and verify them on-site instead of sending them off somewhere...
Question: What does you gut say Mark? MarkZ: My gut feels it will be at the bridge of 2023 to the first of January.
Question: Is the dong still a go at $3-$3.50? MarkZ: I still put it at $2 -$2.25 ish. But I still hear from some folks it may be as high as $3+ range.
The “militarization” of the American embassy threatens the security of Iraq.. Parliament lists 5 “justifications” for removing foreign forces - Urgent
A member of the Parliamentary Security and Defense Committee, Ali Nima Al-Bandawi, confirmed today, Friday (December 29, 2023), that the militarization of the American embassy threatens the security of Iraq .
Al-Bandawi said in an interview with “Baghdad Today” that “it is not possible to accept the application of the principle of militarization of embassies in Baghdad,” indicating that “what is happening in the American embassy in terms of militarization threatens the security of the country, especially since it includes thousands of soldiers in the Green Zone and possesses weapons and anti-aircraft guns.” It terrifies the people from time to time.”
He continued, "We hope that the embassy will take into account common interests, including Iraq, and not turn it into a military base," stressing that "the repeated targeting of the Popular Mobilization Forces headquarters is intentional and condemned."
Al-Bindawi pointed out, “There are five main reasons for demanding the removal of American forces from the country, the most prominent of which is that they are not needed, and that they represent a threat to security by targeting government security forces from time to time, which leads to martyrs and wounded.”
A member of the Parliamentary Security Committee pointed out, “Iraq no longer even needs forces that are classified as advisory or for the purpose of assistance, in light of the presence of government forces of various types capable of warding off any dangers and defending the security and stability of the country link
FIREFLY:Financial expert on TV saying there will be changes to the value to the Iraqi dinar after the new year.
FRANK: The CBI, without any fear, without pulling any punches back, they flat out tell you the beginning for next year your currency will have value added to it. Of course, because you won't be able to use any other currency in your country.
Therefore the sanctioned, punished program, used toilet paper rate of your 3-zero notes is going away...You are about to be a powerful linchpin in the financial theater of this world. Iraq is about to change as quickly as darkness turns into light. Get ready, you are about to walk with elegance and grace once again.