"RV UPDATE" BY ARIEL, 26 JAN

GENERAL INFORMATION ABOUT EXCHANGE RATE BY ARIEL

By Hernán Robert Hbravo

Monday January 22, 2024

@Ariel: It says

Ariel@Prolotario1

 General Information about Exchange Rate: IQD/ROI: Simple Explanation If someone has 300,000 Iraqi Dinars and the exchange rate is 3.00, then their 300,000 Iraqi Dinars would be worth: 300,000 IQD x 3.00 = 900,000 USD So if someone bought 300,000 Iraqi dinars for a much lower price before the exchange rate rose to 3.00, and then exchanged it for US dollars at the exchange rate of 3.00, they would receive 900,000 US dollars.

 This means they would have made a profit of: 900,000 USD - the cost they paid to purchase the 300,000 Iraqi dinars. For example, if you bought the 300,000 Iraqi Dinars for $300 USD, then your profit would be: 900,000 USD - 300 USD = 899,700 USD This is a simplified example and there are many factors that can affect the value of a currency, including geopolitical events, economic conditions and government policies.

This is what the exchange rate will look like on Forex. How the rate is displayed in Forex: $.86 = 1.162 $1.00 = 1.000 $1.17 = 0.854 $1.86 = 0.537 $2.00= 0.500 $2.50 = 0.400 $3.00 = 0.333 $3.22 = 0.310 $3.46 = 0.289 $3.50 = 0 .285 $3.86 = 0.259 $4.00 = 0.250 $4.10 = 0.243 $4.40 = 0.227 $5.00 = 0.200 All Forex listings are listed in pairs, comparing the USD to some other currency. They will all show a different numerical factor against the USD. USD/CAD USD/EUR USD/IQD Using the program rate of 1190, you would divide $1 by 1190 = 0.00084. It will be on Forex quoted as USD/0.84. 1$ Divided by .84 = $1.19 And.... USD/0.537 = $1.86 Ex ($1 ÷ .537 = 1.86) USD/0.400 = $2.50 ($1÷ .400 = 2.50) USD/0.333 = $3.00 ($1 ÷ .333 = 3.00) USD/0.243 = $4.11 ($1÷ .243 = 4.11) Fees and other potential costs-

 1. Transaction fees: Financial institutions or currency exchange services may charge fees for converting currencies. These fees may vary and may affect overall profits or losses. If a currency exchange service charges a 2% fee on the transaction and you are exchanging $10,000, the fee would be $200 (2% of $10,000).

2. Spread: The difference between the buying (bid) and selling (ask) prices is known as the spread. It represents the cost of the transaction for the merchant and can affect overall profitability. Suppose the buy (bid) price of a currency is $1.20 and the sell (ask) price is $1.18. The spread is $0.02. If you trade $1,000, the actual cost would be $1,180 (selling price), but reselling it immediately could net you only $1,200, resulting in a $20 loss due to the spread.

3. Commission: Some currency exchange platforms or brokers may charge a commission for each operation or transaction. A foreign exchange broker charges a flat commission of $10 per transaction. If you trade $5,000, you will pay the $10 commission in addition to any other fees.

 4. Market volatility: Exchange rates may fluctuate due to market conditions, geopolitical events, or economic factors. Sudden changes can affect the value of the currency being exchanged.

  5. Regulatory Compliance: Depending on the country and the amount involved, there may be regulatory requirements or compliance measures that individuals must comply with. Which shouldn't be a problem if you don't plan on doing anything illegal. This should be a smooth process.

6. Taxes: Profits derived from currency exchange may be subject to taxes. (This is not definitive)

 7. Liquidity: Less traded currencies may be less liquid, making it difficult to find buyers or sellers at desired exchange rates. But this will not be a problem for the Iraqi dinar since many countries have it in their reserves. Especially airports. 8. Timing: The timing of the currency exchange can influence the overall result.

We ate returning to the Oro and. Banks are preparing for this transition by implementing Basel 3, which they refer to as “The Endgame.” So when you exchange your currency, don't do it anywhere that isn't Basel 3 compliant. Good luck everyone. You made the right choice and investment. This will never happen again. So be wise and prudent with your financial decisions.

 6:34 · January 22, 2024

https://dinarevaluation.blogspot.com/2024/01/general-information-about-exchange-rate.html

"RV UPDATE" BY ARIEL, 6 JAN

Ariel

@Prolotario1

The HCL/Oil & Gas Law

The Infrastructure Projects The Budget 

Etc. 

All of these things are on hold because the reinstatement needs to be done prior to the launch of these formal policies. Everything is on pause until the Iraqi Dinar is on the Forex Market.

=======================================

The CBI: Meeting All Market Needs ie-(International)

He added that “this decision and the decisions that will follow in the coming days are all in the interest of supporting the Iraqi dinar and increasing confidence in it,” noting that “what confirms the strength of the dinar and the public’s confidence in it is the continuation of the Central Bank of Iraq and its failure to perform any need from the needs of various sectors. 

As it is now funding the sectors of trade, electronic payment, travel and other sectors. 

He pointed out that “the coming days there will be more measures in the field of meeting all market needs, supporting the Iraqi dinar and maintaining its strength against other currencies,” noting that “the central bank, within its new procedures, prevented banks from automatic transfer of customer accounts in dollar to Iraqi dinars. 

Without the customer’s consent and allowed customers to open accounts in different currencies. He stressed that “these measures will positively affect the exchange rate in the market. 

And will increase the supply of the dollar and contribute to serving and supporting important sectors in the economy. 

Including the sectors of exporters and the sector of companies operating in the government field and in the field of infrastructure development and strategic projects. In addition to supporting civil society organizations that contribute to the humanitarian and charitable field in Iraq.

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-ariel-6-jan.html

IQD Pegged to Basket!💣Notifications This Friday!?🤔Iraq Dinar RV Updates ...

Russian Envoy: We have evidence of the United States’ intention to withdraw its forces from Iraq, 26 JAN

Russian Envoy: We have evidence of the United States’ intention to withdraw its forces from Iraq

Information/translation…
The Russian envoy to Syria, Alexander Lavrentiev, confirmed that Russia has evidence that the United States announced its readiness to begin withdrawing its military forces from Iraq, indicating that the only country from which the Americans quickly withdrew was Afghanistan.

In a report translated by the “Maalouma” agency, the Russian TASS agency quoted Lavrentiev as saying after the 21st international meeting on Syria on the Astana platform, “As far as we know, the American side has announced its readiness to meet Iraq’s demands and begin withdrawing the American military unit. However, it is difficult to judge the situation.” “How realistic this is, and this process may continue for a long time, even years.”

He added, “The Americans, as you see in many countries, enter very easily, regardless of the opinion of the leaders of some countries, ostensibly to fight terrorism, and this is a very modern pretext, but exit is much more difficult.”

He stated that “the only country from which American forces withdrew quickly was Afghanistan due to physical threats to representatives of the Rapid Intervention Forces present there, as they were forced to leave there in almost a short time, in coordination with the Taliban.”

He explained, “In all likelihood, the same thing may happen on the territory of Iraq, and on the territory of Syria. Whenever we contact our Kurdish colleagues, we always tell them that it is necessary to negotiate, and it is necessary to stay in contact with the central government.”

Iraqi Prime Minister Muhammad Shia al-Sudani had previously stated that “the justifications for the existence of the international coalition have been exhausted, and that Baghdad intends to take concrete steps to end the foreign military presence in the country.”

almaalomah.me

Evening News with MarkZ. 01/25/2024 : "BANK SHOWING A IQD RATE OF $2.40"

Thursday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: I wonder if we will ever wake up from Groundhog day?

Member: Something has to happen soon…..or the world goes down in flames…..imo

MZ: The leadership in Iraq have promised their people they would do this. If it doesn’t happen the Iraqi people will take to the streets in protest…I don’t think they would leave those government officials alive if they don’t do what was promised. .

Member: Hi everyone! DinarRecaps had a video of a lady in IL saying her bank showed an IQD exchange rate of 2.40 and said it goes up every day. The banker turned the screen so she could see it!

Member: Bank story, short version she was told at her bank a 25K note was worth 60 grand

MZ: That works out to about $2.40 cents for a dinar. I have heard a similar story and they were given a rate of $2.30.

Member: The bank was only willing to cash in lower denominations at that small branch. Probably true info. but teller was not aware that it was still on hold. She might real quick if she made the exchange.

MZ: At minute 33:00  https://www.youtube.com/watch?v=57TgC6tFSRs   This video is worth watching. Thanks to whoever posted it.

Member: if the banks are showing people the rates that means we are close…imo

Member: I pray these stories are true!!

MZ: We are hearing some interesting rates from banks right now. I am hearing from banking sources is that rate is definitely showing in banks right now. Between the $2.30-$2.45 range right now on many different bank screens…..We will see what that means. We have a whole crew of people trying to find things out right now. .going to different banks and asking.

MZ: Once we have verification we will be letting everybody here know.

Member:  How can all these people in the banks be talking to customers about this? They should be under NDA’s

MZ: the lower level rank and file employees in the banks are not under NDA’s

Member: I spoke with personnel at 2 Chase branches today. They have NO information.. 

Member: Maybe the bank branches that don’t know anything will not be participating exchange banks?.

MZ: We have heard stories today that money may be possibly moving in the historical bond markets. If this is accurate it would explain the funky level of silence we are hearing from the bond side.

Member: If that bank story is true could we exchange one note and wait for the big reset? Is the IQD on forex yet?

MZ: The rate officially has not changed yet. But if the banks are primed and the system is ready…imo it could happen at any moment. But things are hopeful and sounds good.

Member: I thought there was no double dipping?

MZ: Guess it depends what they consider double dipping. It’s my understanding we will only get one shot at pre-negotiated rates. If you were to take a smaller one to the bank though- I am told it will not count against you. BUT, I am told if you do your big meeting with preferential rates …then you do not get to go back and do another big exchange meeting at the same preferential rate…you would just have to take whatever you rate they offer you at your second big exchange meeting. . That is how it was explained to me…I caution everybody to try to do it all at once.

Member: So exchange first at contract rates….then any additional exchanges would be at lower or street rates?

MZ: Heres an article I really liked “ The Iraqi foreign minister answers the success of negotiations with America and the agreement to form a “high military committee”  In other words they have officially agreed to discuss the removal of American forces from Iraq.

MZ: “  Oil rises-2 month highs as US stockpiles fall”  China has been stockpiling oil at a crazy rate….the US has not and needs more oil. Oil is going up and  this is a good thing for Iraq. They designed the RV around $70 dollar oil .

MZ: From Forbes: “BRICS making good progress on their Golden Path”currencies will be backed by gold and countries will have their own sovereign currencies. But Forbes openly talking about new currency is big.  They don’t want dollars…They want money backed with gold.

Member: Praying this weekend is the one we are waiting for……

Member: Thanks for all the exciting news tonight…..see you all in the AM“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

"RV UPDATE" BY FRANK26, 26 JAN

  Frank26   

There are three things that the Davos meeting was demanding that they do. 

 1.  Do you have liquidity to back up your currency?  Yeah, they showed it.

  2.  Do you have supervision/overview of your monetary reform?  That's why the United States Treasury was explaining and then the IMF.  Ok good.  

3.  Can you monitor your banks?  ...Yeah.  That is good enough with us.  You are Basel 3 compliant...This is huge. 

 What happens when there is a demand for a specific supply ? 

 It runs out quickly.  Or it goes up in value quickly.  The simplest thing, toilet paper, became so valuable when the covid hit us...If I was Sudani I'd give the lower denoms and the new exchange rate and instantly the dinar goes into a basket with other currencies around the world to float.  The definition of supply and demand is going to take that float to the REER (Real Effective Exchange Rate).  How are they going to reach the REER?  By supply and demand.

BREAKING NEWS from US DEPARTMENT OF DEFENSE IN REGARD TO IRAQ BY SANDY INGRAM

Minister of Transport: The doors are open for countries to join the Development Road Project, 26 JAN

Minister of Transport: The doors are open for countries to join the Development Road Project

Today, Thursday, Minister of Transport Razzaq Muhaibes Al-Saadawi announced the completion rates of the initial designs of the Development Road Project, while indicating that the doors are open for countries to join the project.

Al-Saadawi said, “Work is well underway on the development path, and there are dialogues and discussions between Iraq and countries  wishing to join the project.”

He explained, “Discussions are at a high level between the Ministry of Transport and its counterpart transport ministries, led by Turkey, Iran, the Emirates and Qatar, and the door is open for the rest of the countries to join this strategic project.”

She pointed out, “The completion rate for the initial designs for the railway lines in the development project exceeded 50%, and the completion rate for the initial designs for the land road exceeded 25%, and now the Italian consulting company is working on soil investigations and the work is continuing, and there is great progress in this project.”

nrttv.com