Monday, January 1, 2024
Announcement of the start of the cancellation of the dollar in the trading of the “Brix” group, 1 JAN
Announcement of the start of the cancellation of the dollar in the trading of the “Brix” group, 1 JAN
Iran, like other BRICS members, will abolish the use of the dollar in trade, economic and financial dealings within the group, and has already begun several steps in this direction.
“Within this organization, we have many planned tasks and joint work with other BRICS members,” Iranian Deputy Foreign Minister and Chief Negotiator Ali Bagheri Kayani announced this, an interview with Novosti correspondent.
“One of the most important actions was to eliminate the use of the dollar in commercial and economic transactions and financial cooperation. Activities like this have begun in the work of the BRICS, and we hope to strengthen and grow these activities in order to implement this task as soon as possible.”
The BRICS group includes Brazil, Russia, India, China and South Africa, but more recently 23 countries have already expressed a desire to join this economic bloc.
At the last summit held in Johannesburg in August, the UAE, Saudi Arabia, Iran, Argentina, Egypt and Ethiopia were officially invited to join the BRICS as of January 1, 2024.
https://almutalee.com/news/الإعلان-عن-بدء-إلغاء-الدولار-في-التعاملات-التجارية-لمجموعة-بريكس
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 1 JAN
Frank26
[Iraq boots-on-the-ground report]
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.
FIREFLY: The television is talking about how Iraq and a basket of currencies will help to reduce the dollar rate. They are already talking about the yuan and rupee... The government is saying we aspire to end the parallel market dollar in the coming days.
FIREFLY: We have a special on TV and they say the Iraqi dinar wins the struggle against the dollar and wins control of the markets…
FRANK: The goal of the last few weeks has been to bring the market rate parallel with the dollar rate. Remember the CBI can’t touch the dollar value but they can touch the value of your currency of the dinar… They have been victorious of reducing the value of their enemy foreign currency like the American dollar and all foreign currency in your country verses your national currency which is at 1310 right now. But that rate is now in a position to change because of all the success of the monetary reform from the CBI and Sudani. That’s all there is to it.
The black market rate will no longer be…The black market rate is the American dollar. The CBI wants the official rate 1310 to match the dollar rate. That means the currency of Iraq is too low… Slowly we’re having a reciprocal effect where the dollar is going down and the dinar is going up…
Question:
“Can any country RV their currency whenever they want?”
Yeah but they have to go through the IMF. That’s what the International Monetary Fund does – they regulate all the banks around the world and allow them to either increase, decrease, print new currency, destroy their currency, change their exchange rate. There is a systematic way of doing it. They’re called international banking laws.
https://dinarevaluation.blogspot.com/2023/12/iraq-boots-on-ground-report-by-firefly_01972846250.html
Iraq enters 2024 with celebrations and fireworks (photos), 1 JAN
SocietyIraqKurdistan RegionBaghdadBreakingNew Year’s Celebrations
Shafaq News / Iraqis entered 2024, amid celebrations and fireworks launch in several cities, including the capital Baghdad, and the cities of the Kurdistan Region.
The Iraqi authorities have taken proactive measures in anticipation of any emergency, as well as issuing warning wills and guidance to prevent the recurrence of dozens of injuries and fires similar to those in previous years.
Prime Minister Mohammed Shia’ Al-Sudi directed the concerned authorities to open the celebrations square on the Karkh side of the capital Baghdad, in front of the movement of citizens, and to keep the gates of the Green Zone open after midnight on New Year’s Eve, on Sunday and Monday this week, on the occasion of the new year.
Baghdad and the rest of the provinces celebrate Christmas every year by roaming the streets in festive clothes, and the red “Santa Claus” hats on their heads, releasing the moment the new year begins, fire crackers that light up the sky and streets of the city.
https://www.shafaq.com/ar/مجتـمع/العراق-يدخل-2024-باحتفالات-و-لعاب-نارية-صور
"RV UPDATE" BY WALKINGSTICK, 1 JAN
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.
https://dinarevaluation.blogspot.com/2023/12/rv-update-by-walkingstick-31-dec.html
The blackmarket rate verse the official rate is off by only 10%. They have made great strides with the monetary reform. It has been accomplished. It is done. It is in position to be freed up.
Remember Iraq is still under the umbrella of the IMF. They may not be under sanctions but they are under the umbrella/protection of the IMF. These were the meetings that were taking place in New York, then Dubai and then in Baghdad. Remember the two things the IMF said - The Iraqi dinar is adding value and they are very undervalued with their exchange rate.
They are telling the citizens in the middle of January the IQD exchange rate will finally match the official exchange rate of the CBI. What is the official exchange rate of the CBI high now? 1310. Do you think it will stay at 1310? No. No matter what the CBI exchange rate is in the middle of January the CBI is saying the market rate and the official exchange rate of the CBI will be the same. So it could be an RI rate. Or it could be at 1310...It really doesn't matter what the rate is. As long as they are the same...