"RV UPDATE" BY WALKINGSTICK, 31 DEC

 Walkingstick

   1310 is actually a really good rate right now because it's good to keep control of the IQD exchange rate.  By keeping it at 1310 until they're ready to pull the trigger, there's no profiteering.  There's no reason to steal a dinar.   As the CBI maintains the exchange rate value of the IQD it is affecting the rate of the USD verses IQD...The CBI is controlling the dinar...

Question:  "Where is the new exchange rate?"  You don't see it yet but they are telling you directly what you are about to see.  They are in the process of making the new exchange rate public...This is the monetary reform education at its best.  They are telling the Iraqi citizens while you investors listen.

Wish the best for Iqd BY NADER FROM MID EAST

Iraq and Iran Strengthen Cooperation on Oil Industry, 30 DEC

 The Iraqi and Iranian ministers of oil have agreed to establish committees to expand cooperation, including committees for the development of shared border fields, investment in gas and petrochemical industries, and renewable energy.

Other committees will focus on the qualification and development of refineries, joint training, and collaborative efforts in oil marketing, drilling, pipeline supply, spare parts, oil exploration, and more.

The meeting this week also saw the signing of a memorandum of cooperation in the field of training and development.

Deputy Prime Minister Haidar Al-Abadi, during his official visit to Iran, engaged with Iranian government officials and the Ministry of Oil. The delegation included officials from various Iraqi oil-related entities.   link

"RV UPDATE" BY MARKZ, 30 DEC

 MarkZ 

 [via PDK]  Everything still appears to be on track with a tremendous amount of anticipation for the next few days... There is a big push now to get the US military out of Iraq immediately.  “Iraq’s PM says government working to end presence of US led coalition forces in the country” Donald Trump once said that that when they reduced the numbers they would not completely leave the country until we have been paid for the war effort. So what does that tell us?  They are trying to get us out in “the next coming days” which means the RV needs to happen…as I understand it.  This could be an indicator of how close we are.  Iraq is also indicating the problems with the parallel or black market selling the dollar would be done by the first.  Buckle up for this week…We may not make it by the first…but I believe it will be very close to it.

  Question:  What do you think the dong rate will be?   MarkZ:   I am still looking at $2 or $2.25…but my bank contacts think this is low. They think it may be as high as the $3+ range.

Well there is plenty of expectation for this weekend...things are highly possible by the first.

 ...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. 

Iraqi Dinar✅Finally Iraq Entry Into Forex Markeet-Iraqi Dinar Revaluatio...

Romanski reveals that $73 million has been provided to the Iraqi government to improve services, 30 DEC

 Romanski reveals that $73 million has been provided to the Iraqi government to improve services

Shafaq News/ The US Ambassador to Iraq, Elena Romanski, revealed on Saturday that $73 million had been provided to the Iraqi government for the purpose of cooperation with civil society and improving services.

Romanski said in a tweet on her official account on the X website (formerly Twitter), that the Iraqi government’s goal of supporting community participation and effective local governance is a basic priority within the comprehensive US-Iraqi partnership.

She indicated that the United States Agency for International Development Middle East (USAID Middle East) provided $73 million through the “Iraq Together” program to enable the government to cooperate with civil society and local communities to improve public services.

shafaq.com

"RV UPDATE" BY SANDY INGRAM, 30 DEC

  Sandy Ingram 

 In January 2024 foreign currencies will no longer be allowed inside Iraq and any violations will be criminalized.  The Iraqi dinar will be used for all transitions. 

Why are we seeing reports of a meeting with the IMF in Jordan and a meeting with the Department of the Treasury and the US Federal Reserve in Dubai?  ...The meeting with the IMF had to do with the IMF staff team helping the Iraqi authorities reform the banking system... This meeting more than any other tells us Iraq may be preparing to join the global financial network, aka Forex Market...Here's the bottom line.  Iraq has never really been on the Forex market.  These reports IMPLY Iraq is headed in the direction of international currency inclusion while using its own currency for transactions within th country beginning January 1, 2024.