🔥Iraqi Dinar🔥It’s a Huge🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

"RV UPDATE" BY GOLDILOCKS, 6 JAN

 GOLDILOCKS

Our $34 Trillion Debt Is Turning the States to Gold    The New York Sun Link

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Republican lawmakers and the White House agreed last June to temporarily lift the nation's debt limit, staving off the risk of what would be a historic default. That agreement lasts until January 2025. Here are some answers to questions about the new record national debt.

US national debt hits record $34 trillion as Congress gears up for funding fight  ABC News Link

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Maersk suspends shipping through key Red Sea maritime trade route ‘until further notice’ CNN Link

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South Korean blockchain Klaytn onboards gold RWA DeFi platform

Klaytn said the platform, launched alongside an accompanying cryptocurrency, provides what it claims to be the first tokenized gold available on DeFi outside of the Ethereum ecosystem.  The Block Link

"RV UPDATE" BY BRUCE, 6 JAN

 Bruce  

[via WiserNow]   Now, the bank screens...are going solid rates on front and back screens and are showing on our redemption center screens - on the back screen, solid -  but the front screens are still flashing ... Now, what's interesting about that is that the theory is that when those front screens stop blinking and go solid on these rates, that it would be “go time” - that we would get the green light.  So I have a feeling they'll be blinking up until the Treasury says go...

 ...Iraq has already been doing exchanges at their new rate in the country of Iraq.  They were told that on the first...of January, the USD or Fiat dollar is dead. It is no longer usable – it’s gone -   they want them to completely transition to the new lower denominations of the Iraqi dinar and those are in the ATMs. They're in banks and in shops in Iraq. They're in the businesses and shops.

I got a call  that said the...US Treasury was going to send out an email to all banks and redemption centers ...when we talk to people like the southeastern regional manager of Wells Fargo and certain other people they say everything is done...everything's done. We don't know why it hasn't happened. And when you get that from your top banking sources, that you really haven't heard what that email was - it tends to make us believe - Yes, we're super close, but we still don't know exactly when it's gonna go...

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-bruce-5-jan.html

Iraq Dinar - Global Focus - International Currency - Central Bank - Deci...BY MILITIAMAN

Weekend News with MarkZ. 01/06/2024

Blinken arrives in Istanbul as part of a “Middle Eastern” tour that includes 5 countries, 6 JAN

Blinken arrives in Istanbul as part of a “Middle Eastern” tour that includes 5 countries

Baghdad today – follow-up

US Secretary of State, Anthony Blinken, arrived this evening, Friday (January 5, 2024), in Istanbul, his first stop on a tour in the Middle East centered on the war in Gaza, according to an Agence France-Presse correspondent accompanying him.

In addition to Turkey and Greece, Blinken will visit five Arab countries, as well as Israel and the West Bank, as part of this fourth tour in the region since the outbreak of the war between Israel and Hamas.

US State Department spokesman Matthew Miller said that Blinken would discuss issues including “immediate measures to significantly increase humanitarian aid to Gaza.”

Miller said he would also discuss “preventing the spread of the conflict,” days after Hamas leader Saleh Al-Arouri was killed by an Israeli strike in Lebanon and while the Iran-backed Houthi rebels in Yemen target ships in the Red Sea.

Miller stressed, “He will discuss specific steps that the parties can take, including how they can use their influence with others in the region to prevent escalation.”

He continued, “The conflict crossing the Gaza borders is not in anyone’s interest – not Israel, the region, or the world.”

He explained that Blinken will visit Egypt, Jordan, Qatar, Saudi Arabia, and the United Arab Emirates.

This is Blinken’s fourth tour in the region since the October 7 attack launched by Hamas on Israel, which was met with a major Israeli military campaign on the Gaza Strip.

Source: Agencies

https://baghdadtoday.news/239423-%D8%A8%D9%84%D9%8A%D9%86%D9%83%D9%86-%D9%8A%D8%B5%D9%84-%D8%A5%D9%84%D9%89-%D8%A5%D8%B3%D8%B7%D9%86%D8%A8%D9%88%D9%84-%D8%B6%D9%85%D9%86-%D8%AC%D9%88%D9%84%D8%A9-%D8%B4%D8%B1%D9%82-%D8%A7%D9%88%D8%B3%D8%B7%D9%8A%D8%A9-%D8%AA%D8%B4%D9%85%D9%84-5-%D8%AF%D9%88%D9%84.html

"RV UPDATE" BY KAPERONI, 6 JAN

 Kaperoni  

 If and when the Central Bank decides to increase the value of the Iraqi dinar more than likely it will be based on some type of gradual float as a result of the success and growth of Iraq's own economy and an increase in GDP.

I hope each and every one of you find success in this investment...It may take time.  It may  be another 1 to 5 years.  I certainly hope not but I believe things could happen quickly over the next 36 to 48 months.  It all depends on Iraq.  

 ...We all know things don't happen fast in Iraq. Iraq has a lot of work to do in order to succeed. The first of which is pass over 100 stalled laws through Parliament to encourage investment in Iraq.  And at the same time the Central Bank of Iraq has to continue reforms to the banking system, digitalization, and apply monetary tools to meet compliance.

 A country's exchange rate is the result of the success and growth of their own economy. When you have a weak economy, you have a weak exchange rate. Until Iraq passes laws, diversifies their economy and increases their GDP, nothing will happen with the dinar.  When Iraq passed their tripartite  3 year budget a few months back, it created the conditions for them to diversify and privatize their economy over the next three years.  Now Iraq is on the clock to accomplish such.

There's a new article out that many people are translating and confusing. They are not talking about an RV in Iraq, they are talking about the spread being in compliance early next year. 

 Just a reminder the spread is the difference between the official rate and the market rate or street rate and has been way out of whack recently in Iraq. This article simply means they expect the spread to come down closer to the official rate early next year. There is no RV.

    A very important statement was made back in 2020 by the prime minister's economic advisor Mohamed Salah who used to be Deputy Governor of the CBI under Shabibi. He stated that Iraq's entire wealth including all minerals in the ground amounts to only $16 trillion dollars. Knowing that information one can then determine that there is no way a significant RV could ever occur with over 90 trillion dinar in circulation.  It doesn't make sense...

 They...have to have the dinar stabilized within the country and within the 2% rule mandated by the IMF in order to then accept IMF article VIII and begin to float the dinar which would raise its value based on supply and demand.  All of these processes and or steps required time.

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-kaperoni-10-dec_0650267841.html

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-kaperoni-18-dec.html