DINAR REVALUATION

Wednesday, February 7, 2024

Japan, Britain, Algeria and Malta praise Al-Sudani's reform efforts in Iraq, 7 FEB

Japan, Britain, Algeria and Malta praise Al-Sudani's reform efforts in Iraq

Japan, France, Britain, Algeria, and Malta expressed their absolute support for the Iraqi government in meeting the aspirations of the Iraqi people, praising the reform efforts of Prime Minister Muhammad Shiaa al-Sudani.

Japan's representative in the UN Security Council said, "We welcome the holding of Iraqi local elections and we hope that the Kurdistan region will hold its overdue elections."
He added, "We call on all international parties to stop tensions and maintain good neighborliness, and we value Iraq's role in limiting the expansion of the conflict in the region."

For his part, the British representative in the UN Security Council affirmed: “We value the Iraqi government’s reform steps in the areas of economy, security and investment,”
while the French representative in the Security Council saluted the efforts of the Iraqi government to complete the reforms that the Iraqi people aspire to, calling on everyone to respect Iraq’s sovereignty and keep its lands away from the specter of Conflict in the region

In addition, the representatives of Algeria and Malta stressed the commitment of the United Nations mission to support the Iraqi priorities and its efforts to achieve peace there. link

"FORT WORTH CHASE BANK STORY" BY FRANK26, 7 FEB

Frank26

[Fort Worth Chase Bank Story]

BANK VISITOR: I went to one of the largest Chase Banks in Dallas. This bank is different than I've ever seen. It was two stories and upstairs there was many window you couldn't see into.

FRANK: A lot of banks are metamorphosizing their environment in order to be part of the exchange process...

BANK VISITOR: I go and sit down and within 5 minutes this private banker, who BTW is Vice President on his card, comes over and greets me ...I said I have a large amount of foreign currency and can you let me know when you will be able to exchange this currency. I didn't say dinar...I said I know we're getting close...with Chase being the number one bank in Iraq. He looked at me and grinned and he said, I've got a couple other clients just like you.

I email them from time to time and give them an update on what's going on...He said you know there's been a lot of speculation on the foreign currencies and when they were going to revalue. He never said it was a scam. He looked at me and grinned. He said we will be in touch with you. Then I said to him, let me ask you something, nothing against your other locations but how come they haven't treated me this way?

They know who I am. I go there all the time. He said, this particular site is set up to help customers like you. He said, 'we are directly tied to JP Morgan in New York. This is how we operate this site'...You get that feeling when you're sat in front of these people that something's going on now and they may not be able to tell you all of it but they know who has what.

🔥 Iraqi Dinar 🔥 That is Huge 🔥 News Guru Intel Update IQD Rate Value to ...

World Bank: Iraq’s electronic payment systems infrastructure among the best in the region, 7 FEB

World Bank: Iraq’s electronic payment systems infrastructure among the best in the region

Economy News – Baghdad

The Governor of the Central Bank, Ali Mohsen Al-Alaq, discussed today, Wednesday, with a delegation from the World Bank headed by the Director of the World Bank Office in Iraq, Richard Abdel Nour, reform programs for the stability of the financial sector in Iraq, while the latter praised the measures to facilitate financial transfers.

The Central Bank’s media said, in a statement received by “Economy News”, that “Al-Alaq received a delegation from the World Bank headed by the Director of the World Bank Office in Iraq Richard Abdel Nour, and during the meeting, they discussed strengthening bilateral cooperation between the Central Bank of Iraq and the World Bank and discussed electronic payment projects, financial inclusion, as well as reform programs to promote the stability and development of the financial sector.”

The two parties also discussed “the support of the World Bank to provide advice in the establishment of the Riyada Bank, which is dedicated to financing small projects in Iraq with the support of the International Finance Corporation.”

In turn, the World Bank delegation praised “the procedures of the Central Bank of Iraq in facilitating financial transfers to various segments in Iraq,” noting that “the infrastructure of electronic payment systems and software systems in Iraq are among the best systems in the region.”

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Added 2024/02/07 – 1:57 PM

https://economy-news.net/content.php?id=40237

"RV UPDATE" BY MARKZ, 7 FEB

MarkZ

[via PDK] “Vietnam pushes the Us to grant them market economy status” This could lead to the increase of the value of the Vietnamese dong. The US state dept has called upon Vietnam to raise the value of their currency.

I have had so many people in the banking world telling me this is our month. Nobody knows the timing but my gut is screaming they are spot on. I think we are in our last few weeks …or days.

In Iraq we are being told “Denomination specimen sheets” are being shown in banks in Iraq. This is a sheet showing the new money and pictures of all the features on the new lower denominations...If Iraqi banks are indeed doing this…we are awfully close.

Good morning IQD friends BY NADER FROM MID EAST

JUDY NOTES, 7 FEB

Timing of Global Currency Reset and Restored Republics:

Tues. 6 Feb. Bruce: Tier4b notification could come out at noon on Wed. 7 Feb. at the same time in each time zone. One source said Tier4b will be going in for exchanges by Thurs. 8 Feb.
Sat. 10 Feb. was the beginning of the Chinese New Year and when BRICS countries would be informed of their new currency rates, plus Tier4b funds that were deposited on Wed.7 Feb. would be liquid in Paymaster Accounts by Sat. 10 Feb.
On Thurs. 15 Feb. 2024. Tier4b exchanges and bond redemption will wrap up.
Tues. 6 Feb. MarkZ: A currency dealer was talking about what they can and could no longer buy. The ones that have suddenly disappeared from the market …that are restricted and they cannot buy right now …this is a large scale buyer and they can no longer buy Iraqi dinar, Vietnamese dong, Venezuelan bolivar or Iranian Rial from their normal source. This is an international group that purchases currency. There probably still are some already at dealers but they will have a hard time replenishing supplies right now….if this doesn’t go very quickly.
Sat. 3 Feb. Wolverine: “It has started. Lawyers who have close contact with Paymasters say that the funds were in Paymaster Accounts. Dubai 1 funds (Sovereign nation funding) have all been released. Dubai 2 funds (Tiers 2,3) were released on Sun. 4 Feb. Dubai 3 funds were about to be emptied.”