Friday, January 19, 2024
"RV UPDATE" BY PIMPY, 19 JAN
Pimpy
I'm not the 100% good news guru, sorry. I'm the grounded and I'm just going to tell you the truth guru - Good, bad or ugly. I'm hated in the dinar community. I was given the bad body of the dinar community label which is kinda funny because you would think I would be the good boy because I'm being honest...But it doesn't bother me...
This is about what we need to accomplish, what direction we're going into, how much we've accomplished, How close is it to a reality...
Let me make this perfectly clear, the deletion of the zeros has nothing to do with the exchange rate. They're talking specifically about the bank note..."RV UPDATE" BY MARKZ, 19 JAN
MarkZ
[via PDK] “Iraq and the IMF are discussing cooperation and start meetings soon to support a reform program” They would not be having these meetings on Iraq on the world stage unless they were ascending to the WTO and about to have a valuation change. And that is certainly what we are hearing from contractors and government officials inside Iraq. We just don’t know the exact time…but know they are prepared. And they told us via an article...that they are getting ready to peg their currency to a basket of currencies from the region to increase the value of the dinar to compete with the US dollar.
We have articles that say their ascension to the WTO was approved back in Feb of 2023. At this point I believe they are just dotting the i’s and crossing the t’s …. My contracting sources in Iraq say the valuation has been determined …and we are just waiting on the release. I think that is very accurate...
They are calling to no longer have a fixed rate. But, attaching it to a basket so its value can compete with the USD. You know they have been working on de-dollarization. One US dollar buys 1300 dinar right now. For it to compete with the US dollar…the rate needs to be a whole lot closer...I know things have been moving slowly, slowly, slowly… I think we are about to see the “suddenly” part of this thing.
Iraqi PM meets 57 Businesses at meeting in Davos, 19 JAN
Iraqi PM meets 57 Businesses at meeting in Davos
By John Lee.
Prime Minister Mohammed Shia Al-Sudani has attended a working meeting on the sidelines of the Davos Economic Forum in Switzerland, involving the heads and representatives of 57 global companies specializing in energy, oil, gas, and various economic sectors.
During the meeting, he discussed the government’s plans for development and economic reform, highlighting significant progress made. He also emphasized substantial investment opportunities, industrial city projects, the Grand Faw Port project, and the Development Road project, along with integrated oil field projects.
Prime Minister Al-Sudani pointed out solar and renewable energy projects undertaken with Chinese and Emirati companies, confirming the government’s broad focus on gas investment and expanding investment opportunities in this promising sector. Additionally, he mentioned housing projects that have started and others planned across all Iraqi provinces.
Highlighting the importance of banking reforms implemented by the Central Bank of Iraq, he stressed the ongoing efforts to comply with international financial and banking system standards by engaging with international banks.
In terms of reinforcing stability and security in Iraq, Prime Minister Al-Sudani emphasized that the stability of the region relies heavily on Iraq’s stability. Any attempt to destabilize the internal situation in Iraq or jeopardize its security would negatively impact regional and international security in the Middle East.
The meeting was attended by the Ministers of Foreign Affairs and Oil, the Governor of the Central Bank of Iraq, and several advisers to the Prime Minister.
(Source: PMO)
"RV UPDATE" BY TEXAS SNAKE, 19 JAN
Texas Snake
Tier4b will receive notification around the first of next week and be able to set appointments starting Thurs. 18 Jan.
Wed. 10 Jan. to Fri. 12 Jan. Texas Snake:
“The folks I am hearing from are suggesting our notifications will occur between the Wed. 10th and Fri. 12th of Jan, with exchanges commencing somewhere between Thurs. 18th and Sat. 20th.
https://dinarevaluation.blogspot.com/2024/01/rv-update-by-texas-snake-11-jan.html
Forwarded from Texas Snake:
Well the call confirmed what I had heard and was going to share. There are more rumors and tentative release dates than anyone can keep up with starting today thru the end of March but the folks I am hearing from are suggesting our notifications will occur between the 10th and 12th of this month with exchanges commencing somewhere between the 18th and 20th with a maximum initial cash distribution via debit card of 10k with balance due deposited in your new QFS Account within 10 to 15 business days after your exchange. Is there confirmation of this via official agencies, NO, but the exchange centers are preparing for the dates suggested to schedule appointments. Best I have at the moment…….
https://t.me/Bearded_PatriotsUSA/11616
Forwarded from Texas Snake:
It is 2300 hours on the 4th of January and while I have no definite date or time I am encouraged based upon preparations dealing with exchange center preparations I have become privileged to learn about that our window drawers nearer and nearer. GOD Bless you folks for hangin’ in there.
https://t.me/Bearded_PatriotsUSA/11304
https://dinarevaluation.blogspot.com/2024/01/exchange-centers-by-texas-snake-6-jan.html
Tues. 2 Jan. 2024 Texas Snake:
- “The WF Banker is back in Texas and does not anticipate on returning to the West Coast until we have concluded our exchange process and his job in these five states has concluded. He seemed very positive it wouldn’t be that long a period before he could rejoin his family.”
Folks, as I have stated before the world economy cannot continue without the RV and the powers that be know this. On Fri. 23 Dec. I spoke with a banker contact. He was going to Los Angeles or San Francisco to spend the holiday with his family. He indicated that point it might be much later into January before we did anything.
So today (Thurs. 28 Dec.) since I hadn’t heard from him, I called and spoke to his Assistant. She said he’s planning to fly back into Texas tomorrow Fri. 29 Dec. He’s got these five stages he’s involved with. He’s training a number of Wells Fargo bankers on the procedures that they have to follow in order to do exchanges.
He said that everyone that goes through an exchange process will be getting some type of a new Credit Card/ Debit Card that hooks into the QFS system. At your exchange you will get at least one or two percent of whatever you’re going to exchange immediately put on that card. They will open a new account for you, or possibly multiple accounts.
If you have more than one currency and wish to open an account for each currency, they will do all that at your exchange meeting. Then it will be 10 to 20 days after that funding will actually appear in your new accounts. I think he said it was a $10,000 dollar debit card to leave the exchange process with so you have funding at least up to 10 grand to do certain things you may need to do.
https://dinarevaluation.blogspot.com/2024/01/rv-update-by-texas-snake-4-jan.html
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 19 JAN
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Television showing Sudani in Davos. He's sitting right next to JP Morgan. A representative on the news showing they are ready to open three more branches here in Iraq with private Iraqi banks ...
FRANK: JP Morgan...knows what's going on and they know that a new exchange rate is coming. The employees of Chase don't know anything but the Chief Executive Officer of Chase, Dimon obviously does know and is making an amazing statement in these articles...
https://dinarevaluation.blogspot.com/2024/01/iraq-boots-on-ground-report-by-firefly_01148081935.html
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
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.
https://dinarevaluation.blogspot.com/2023/12/iraq-boots-on-ground-report-by-firefly_01674963871.html
https://dinarevaluation.blogspot.com/2024/01/iraq-boots-on-ground-report-by-firefly_0438032821.html
Codeman Friday with MarkZ. 01/19/2024
DINAR REVALUATION REPORT : " Next session “tomorrow” HoR will pass the adjustment of salaries due to change rate " , 26 NOV
DINAR REVALUATION REPORT “A parliamentary movement to include the salary scale in the next session” Next session “tomorrow” HoR will pass t...
-
Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
-
Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
-
Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...