"RV UPDATE" BY KAPERONI, 8 JAN

  Kaperoni  

  Article:   "Ali Al-Alaq, the current governor of the Central Bank of Iraq confirms that Iraq's money supply exceeds 100 trillion dinar."

 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

The stock exchange is affected by Thea exchange rate #IQD dinar# 🇮🇶 🇮🇶 ... BY NADER FROM MID EAST

Iraqi Oil sets next March as a date to end cash dealing at gas stations, 8 JAN

Iraqi Oil sets next March as a date to end cash dealing at gas stations

Shafaq News/ The Petroleum Products Distribution Company affiliated with the Iraqi Ministry of Oil has set, on Sunday, the end of next March as a deadline for cash transactions at government and private fuel filling stations.

The company’s general manager, Hussein Talib, told Shafaq News Agency, “Electronic payment will be approved at fuel filling stations in the first quarter of this year.”

He added, “All government and private fuel filling stations will use the electronic payment system to fill fuel, on the first of next April.” The Iraqi Ministry of Oil announced on Wednesday, November 22, 2023, that the Petroleum Products Distribution Company will adopt electronic payment systems at all gas stations, starting from the beginning of the year 2024 .

The Ministry explained in a statement that, based on the directives of the Council of Ministers in its session No. 23620 of 2023, held on 10/31/2023, related to activating the electronic payment service, adopting modern automation systems, and ending cash dealing, and accordingly, and in line with government directives, the Ministry of Oil decided to distribute petroleum products. Adopting electronic payment systems in all stations and suspending cash transactions as of January 1, 2024.”

shafaq.com

"RV UPDATE" BY MILITIAMAN, 8 JAN

 Militia Man 

The Central Bank of Iraq is giving out instructions for what they're doing and how they're doing it...I think you should be pretty excited because I know I am...

They've totally said they're going to cease using multi currencies.  You go to the grocery store, you pay your bills inside the country you're going to be doing it in dinar.  You're not going to be using the dollar.  You're not going to use the yuan, yen or any of those things. You're going to be using one currency...

The dollar exchange rate will stabilize with the broader launch of the budget...

 The United States Treasury, the US Federal Reserve Bank, the Bank of International Settlements, World Trade Organization, the EU, many different entities have been working with Iraq to get her to go to an international standard.  The stage is set for Iraq to be international... Everybody should know that and it's not just a simple Dinar Guru situation, it's actually the largest financial entities in the world are the ones that are giving us this information.   I hope you take that to heart and pay attention to it.

All of this is coming together. There's no reason for any pessimism or snide remarks for anybody around in dinarland... There's shouldn't be any doubt anymore that this is a real process and it's underway...

 Iraq is going to be interconnecting with international countries and they're going to be doing it by International standards and guess what they're not going to be doing that with a 1310 program, or I call it, a  punishment rate..

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-militiaman-3-jan.html

🔥Iraqi Dinar🔥Exciting News🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

"RV UPDATE" BY WOLVERINE, 8 JAN

WOLVERINE

Telegram post
1/7/23

Forwarded from Carpathia:

WOLVERINE LIVE CHAT NOTES FROM JANUARY 7, 2024: Nothing has changed guys, was on a call from a sovereign whale in Brazil. The Dinar is said to go on Forex on Monday, international. Some people say the RV has started, IMO I think it has as some whales have received their blessings. I do not ask too many question of them. Again, a Huge whale in Brazil told me that notifications will come out on 8th! 

 The EBS was real in South Africa. In a certain part. 30 minutes of it. It showed a sneak preview of what was happening in America. That leader was taken down. Also in Singapore.  There will be electricity should/when EBS occurs. People with illnesses need electricity, and we need the TV, to see the announcements. Get essentials can food and water.  the yellow dragon bonds. 

It is not a scam. I don’t care what people think. People talk out of ignorance and have no idea of what it is.  All of you know my face, it is not a scam. I risk my reputation. I will not put you in jeopardy.  I want you guys to pray. You are Chosen by God. You are the Chosen Ones!! If I have anything further to say I will send an audio. Thank you guys.  Wolverine

https://t.me/Bearded_PatriotsUSA/11587

The sale of dollars to travelers in Iraqi banks stopped, 7 JAN

The sale of dollars to travelers in Iraqi banks stopped

Shafaq News/ The sale of the dollar to Iraqi citizens wishing to travel outside the country has stopped in all government and private banks, according to what an informed local source said on Sunday.

The source told Shafaq News Agency that the reason for the suspension is that most government and private banks do not have the quota allocated for distribution by the Central Bank of Iraq.

The source revealed that procedures are being followed on a timely basis to stop the dollar selling platform, likely to generate a significant rise in the dollar exchange rate in local markets.

In addition, economic expert Muhammad Al-Hassani told Shafaq News Agency that the controls and instructions placed on the electronic platform are very complex, and most often the traveler cannot obtain the dollar because the quantity runs out.

The Iraqi traveler to countries specified by the Central Bank is given an amount of $3,000, and in the case of treatment, he and the accompanying person are given $6,000 at the official rate, with the exception of Iran, Syria, and Lebanon.

The dollar exchange rates recorded, this morning, Sunday, 152,850 Iraqi dinars for every 100 dollars, in the parallel market, while the official price is 132,000 thousand dinars.

shafaq.com