DINAR REVALUATION

Saturday, January 13, 2024

Iraqi Dinar Revaluation News Last 24 Hours-Iraqi Dinar News Today | Rv U...

Washington puts Baghdad’s money in its treasury and waves the economic card to ensure its military presence inside Iraq, 13 JAN

Washington puts Baghdad’s money in its treasury and waves the economic card to ensure its military presence inside Iraq

Information / Baghdad…
Washington’s control over Iraq’s oil revenues did not come from nowhere. Rather, the American administration considers it a trump card through which it can impose what it wants on Baghdad and achieve its demands and interests, which are summarized in the military presence in Iraqi bases, which the people rejected andannounced their decision through the House of Representatives to reject any presence. For foreign forces on Iraqi territory and granting the government a mandate to implement this decision, at a time when political parties stress the importance of establishing new economic partnerships that guarantee Iraq’s rights and distance it from the cycle of American blackmail, especially with regard to the oil revenue file controlled by Washington.

A member of the State of Law coalition, Rasul Radi, told Al-Ma’louma, “All information confirms that the Iraqi economy is hostage to the US Federal Reserve, which controls the most important revenues that the Iraqi government depends on, which are oil revenues,” adding that “everything is possible and not surprising from the administration.” If the United States takes an economic decision that harms the interests of Iraq, especially since oil sales revenues are placed in the aforementioned bank and Iraq obtains them through (distillation) when needed, and as a result, America has access to the Iraqi funds held by the Federal Bank, which has caused an increase in the dollar exchange rate and the occurrence of some harassment. Finance in the past period.

On the other hand, a member of the Al-Fatah Alliance, Ayed Al-Hilali, told Al-Maalouma, “The economic situation in Iraq is suffering from confusion, especially with regard to the dollar file and the exchange rate, which prompted Washington to intervene in this matter, and therefore there is an American connection to the economic file, as Iraq is in dire need of To market itself and its economic files and benefit from the experiences of many countries, including Singapore and some Gulf states, in economic dealings with America, and at the same time oblige it not to violate or breach national sovereignty, and to establish new partnerships that serve the interest of Iraq.

On the other hand, Hussein Al-Karaawi, a member of the Popular Movement for the Belt and Road, confirmed to “Al-Ma’louma” that “the political forces must move to put an end to the American transgressions against the Iraqi people, the security services, and the Popular Mobilization Forces, and this matter requires a unified position from the resistance forces to put pressure on the political parties to make decisions.” It would end the American presence,” pointing out that “Iraq can not link its economy to the American side and move towards the eastern camp alongside Russia, China, Iran and other Asian countries, and take decisions that ensure the distance of the American occupier from Iraq without thinking or fearing any economic measures that it may take.” Washington against Baghdad.

almaalomah.me

"RV UPDATE" BY MNT GOAT, 13 JAN

Mnt Goat

...in my conversation with my CBI contact on my Wednesday call...We...talked about...the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable...We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.

There is much prosperity and abundance coming our way this new year. Let’s all just be patient and stay calm.

Article: "SUDANESE ADVISOR: EXCHANGE RATES WILL REACH 135 THOUSAND PER 100 DOLLARS
SOON" If this really does happen we will be in great shape to see the one more program rate change we have been waiting for. But remember they will probably wait and monitor the rate to ensure it is first stable, How long we don’t know. But this is fantastic news today.

Iraqi Dinar: Section 988 and the IRS Maze You Never Knew Existed-Iraqi D...

Rady: America controls oil revenues and delivers them to Iraq by “distillation”, 13 JAN

Rady: America controls oil revenues and delivers them to Iraq by “distillation”, 13 JAN

Information / Baghdad…
A member of the State of Law coalition, former MP Rasul Radi, confirmed today, Friday, that the American administration controls the Iraqi funds related to oil revenues through the Federal Bank and delivers them to Iraq by “distillation,” pointing out that Washington’s decisions are not strange to Iraq and everything is expected from them.

Radi told Al-Maalouma, “All information confirms that the Iraqi economy is hostage to the US Federal Bank, which controls the most important revenues on which the Iraqi government depends, which are oil revenues.”

He added, “Everything is possible and not surprising from the American administration if it takes an economic decision that harms the interests of Iraq, especially since oil sales revenues are placed in the aforementioned bank and Iraq obtains them through (distillation) when needed.”

He stated that “America has control over the Iraqi funds held by the Federal Bank, which has caused a rise in the dollar exchange rate and the occurrence of some financial harassment in the recent period.”

almaalomah.me

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 13 JAN

[Iraq boots-on-the-ground report]

FIREFLY: There are many reports coming out today from Sudani people indirectly through the CBI telling us the amount of corruption here in Iraq is still staggering. They are finding ways to seal our currency...

FRANK: It is extremely hard for you guys to deal with your currency when...the currency you do have is being stolen.

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY,7 JAN

Frank26

[Iraq boots-on-the-ground report]

FIREFLY: CBI on news saying they have taken measures and decisions on supporting the dinar and maintaining its value against other currencies in the world talking about how CBI fully supports and back dinar and how it will be holding its own against other currencies. Saying this will positively affect the exchange rate.

FRANK: I am excited that they are giving you deeper information about the monetary reform and how it’s going to add value to your currency and I love how they keep saying in the coming days let’s see what happens around 15 January.

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