DINAR REVALUATION

Sunday, January 28, 2024

The Central Bank of Iraq decides to restore the mechanism for financing Iraq’s foreign trade, starting next March, 28 JAN

The Central Bank of Iraq decides to restore the mechanism for financing Iraq’s foreign trade, starting next March

The Central Bank said in a letter addressed to the banks, and seen by NRT Arabic, that for the purpose of organizing financing operations for requests to enhance external balances, it was decided to implement the new requirements and mechanisms starting from March 1, 2024.

He added that banks wishing to enhance their balance with correspondent banks in all currencies should appoint an external auditor for the purposes of reviewing transfers in advance of the process of sending transfers. Banks wishing to enhance the balance must provide us with information about the names of the companies they wish to contract with within a maximum period of February 29, 2024.

The statement stressed that requests to strengthen the dollar are for banks that hold correspondent accounts with an American bank exclusively, at a price of 1310.

He stated that strengthening currencies other than the dollar will accept applications at the banks of the currency country, provided that the classification of these banks is either the same as the country’s classification or only one rank lower than it, in a way that is consistent with Iraq’s import requirements from those countries.

nrttv.com

"RV UPDATE" BY PIMPY, 28 JAN

Pimpy

90% of Iraq's exports are in oil... Remember Iraq wants to be competitive in the trade market. Increases in their exchange rate would cause the items they are exporting to go up in cost. Since 90% of the exports is oil, this is different...

An increase in Iraq's exchange rate could lead to a stronger Iraqi dinar relative to other currencies. This would mean for each unit of oil sold, Iraq would receive more foreign currency.

Iraq's revenues from oil exports could potentially rise. So they can increase their exchange rate and what they could do to balance that increase in their exchange rate is either increase or decrease their oil production ...

We also know their foreign currency reserves have increased to $115 billion. Increasing the exchange rate would also increase their currency holding, which is good because they can us that to protect the Iraqi dinar. Increasing the exchange rate would benefit Iraq big time.

🔥Iraqi Dinar🔥Rate of $0.22 or $0.40🔥News Guru Intel Update IQD Value to ...

"RV UPDATE" BY WOLVERINE, 28 JAN

WOLVERINE CHAT NOTES FROM JANUARY 25, 2024:

I know people are stressed out. I know it is close to end of January and people are stressed. I want to tell you something: Wolverine was right! The funds were released! I was on call with the Admirals group, and lawyers associated with Michael Rubin.

The funds have been released to the paymaster accounts.

The notifications will be going out to the whales, and the payment will be released way before the end of the month.

The payments will go directly onto the QFS account. They told me, “Wolvie nothing is going to stop this now..”

Again, guys, I am just letting you know, Wolverine is right! No matter what people say. hold on!

We are close to the end of this.

we will be blessed. We will celebrate. Lots happening behind scenes. This is just a short and sweet call to confirm what I said before! Have a beautiful day. It will be about 90 degrees here today!

Thanks guys, Wolverine

https://t.me/Bearded_PatriotsUSA/13928

https://dinarevaluation.blogspot.com/2024/01/we-are-close-to-end-of-this-by.html

Forwarded from Wolverine:

Thursday January 25, 2024
Rubem BAZ: He says
15:22 P.M.

Finished last night, all 86 platforms are now loaded with money and ready to launch. We expect the official launch any day now.

RENO says it’s all ready and waiting for the gold-backed dollar to be introduced (last night at 4:47 AM)! *

15:22: Sie sind gestern Abend fertig geworden, alle 86 Plattformen sind jetzt mit Geld geladen und startbereit. Wir erwarten jeden Moment die official Veröffentlichung. Reno sagt, alles sei bereit and warte nur auf die Einführung des goldgedeckten Dollars (gesten Abend um 04:47 Uhr)! *

15:54: Things are confirmed to go live tomorrow, but around the world the first payment runs will take place from Monday; 01/29/2024 15:00 CET / 09:00 USA New York Time

15:54: Obviously getting started means government first, then businesses and individuals. If they are finished before 15.02.2024 we can be happy. *

t.me/mhc70

https://dinarevaluation.blogspot.com/2024/01/rv-update-platforms-are-now-loaded-by.html

Al-Awadi: The Prime Minister pledged to end the international coalition’s mission in Iraq during his government term, 28 JAN

Al-Awadi: The Prime Minister pledged to end the international coalition’s mission in Iraq during his government term

Government spokesman, Bassem Al-Awadi, confirmed on Sunday that Prime Minister Muhammad Shiaa Al-Sudani had made a pledge that the coalition’s mission would end during his current government term.

Al-Awadi said in a press statement, “The launch of the work of the joint supreme military committee between Iraq and the international coalition is a very big dream, as the international coalition was established in 2014 and military operations ended in 2018, and since that history the coalition has been present inside Iraq,” indicating that “from “It is appropriate to begin studying the future of the alliance and develop an agreed-upon road map to move to a new phase of bilateral cooperation instead of the alliance.”

He added, “After years of liberation, the mission of the international coalition needs to be discussed and examined in terms of what the international coalition has provided at the level of studying threats and risks and developing the combat, training, intelligence and armament capabilities of the Iraqi forces so that they can carry out their national duty to protect Iraqi land,” noting that “this cannot The alliance is to remain indefinitely.”

He stated, “Prime Minister Muhammad Shiaa Al-Sudani referred at the Davos conference to two important issues in two very prominent addresses, where he said ending the international coalition’s mission is necessary for the stability of Iraq. He also said ending the international coalition’s mission is necessary for the survival and building of a positive friendship relationship with the coalition forces,” pointing out that “ The two goals are Iraqi stability and positive, equal relations with the countries of the international coalition, and also the implementation of the government program, considering that ending the mission of the international coalition was one of the points of the government program to which the government made previous pledges.”

He stated that “the dialogue began between the international coalition forces and the Iraqi government under the auspices of Prime Minister Muhammad Shiaa Al-Sudani, as the end of the international coalition’s mission in Iraq was set on track,” explaining that “the prime minister made a pledge that the coalition’s mission will end during the term of his current government, and this is what will be done.” “And it is achieved.”

He stated that “when the Iraqi governments gave authorization to the international coalition since June 2014 and to our current government, therefore all successive Iraqi governments did not recognize the presence of combat forces on Iraqi territory, but rather were dealing with so-called advisors representing the international coalition forces,” pointing out that “part One way to achieve the end of the coalition forces’ mission is to not keep any forces on Iraqi territory and move to a new phase of military and security cooperation.”

He stated that “all tasks related to the international coalition forces are transferred to the Iraqi armed forces, and we move to bilateral relations and agreements, including the strategic framework agreement or bilateral relations that will be imposed by the circumstances of the stage with the international coalition countries.”

dijlah.tv

"REGARDING THE VENEZUELA BOLIVAR" BY GOLDILOCKS, 28 JAN

GOLDILOCKS

"Since June, the US Treasury’s Office of Foreign Assets Control (OFAC) has issued seven general licences authorising certain business activities or transactions with Venezuela, including those relating to the export of liquefied petroleum gas (General License 40B), gas sector operations (General License 44), the state-run mining company Minerven (General License 43) and the state-run airline Conviasa (General License 45A)."

This releasing of sanctions is creating opportunities for traders on the market that once was prohibited.

The country's control of the largest crude oil Market makes this country's Energy and Marine sector of the markets very appealing.

This will create new demands on the Venezuela Bolivar as this year progresses.

These demands will create opportunities for people in the Forex Market to capitalize on price pressures pushing new volumes and new values going forward.

https://www.clydeco.com/en/insights/2024/01/easing-of-sanctions-against-venezuela-boosts-marin