DINAR REVALUATION

Sunday, February 25, 2024

FRANK26….2-24-24…..IQD UPDATE….LOOK FOR IT

Revealing the most prominent points of contention over the oil law, 25 FEB

Revealing the most prominent points of contention over the oil law, 25 FEB

Information / Baghdad.The parliamentary oil, gas and natural resources committee revealed on Saturday seven points of contention between the region and the center in the draft oil and gas law.

Committee member Ali Al-Mashkour told Al-Maalouma that "the oil and gas law faces 7 controversial points, most notably the region's demand for the right to veto decisions from the Oil Council, and this matter cannot be accepted."

He added that "there is a real intention in Baghdad to clear the differences between the region and the center on the points of contention over the oil and gas law," and pointed out that "the other point of contention is the marketing mechanism and whether It is done through SUMO or through the region, as well as financial revenues."

"WE ARE ENDING OUR MISSION IN IRAQ" BY JEFF, 25 FEB

Jeff

The starting point of the US interactions with Iraq was on March 17, 2003...Is it possible the US might end its actions with Iraq on the anniversary date of when it started...March 17, 2024?

In March the UN will be submitting their official, 'We're done', 'we're ending our mission in Iraq' report to Iraq...After Iraq has revalued is when it gets submitted and turned over to the Iraq government...

What was the number on thing in the month of January Iraq kept stating in all the news articles?

How they achieved critical stability. In order for Iraq, the number one thing they have to do is achieve overall stability, to be eligible to revalue. Article quote "For Iraq to further continue on the path of stability and progress, an enabling environment will prove essential"

She's stating Iraq is on a path of stability and progress and continuing in that direction will prove essential. Meaning allowing them to revalue the currency and get back on the world stage.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-jeff-22-feb_0724660821.html

Good News Vietnamese Dong Update Today / Dong Update / VND Chnage Value ...

The disappearance of 1.2 trillion dinars.. The Iraqi printed currency declined as the third largest decline recorded in 20 years, 25 FEB

The disappearance of 1.2 trillion dinars.. The Iraqi printed currency declined as the third largest decline recorded in 20 years

Al-Sumaria News – Special
Data from the Central Bank of Iraq shows a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023, while Al-Sumaria News concluded, through a historical review of the printed currency, that this decrease in the amount of currency is the third largest decrease recorded in 20 years.
According to data obtained by Al-Sumaria News, the total amount of “printed” currency in Iraq until December 2023 amounted to 101.4 trillion Iraqi dinars, a decrease from the amount of currency that was present in Iraq in November 2023, which then amounted to 102.6 trillion Iraqi dinars.

This means that the amount of printed currency decreased by 1.2 trillion dinars, which is supposed to have “disappeared,” and the only way to do this is usually for the Central Bank of Iraq to destroy this currency, and it usually compensates for it by printing another currency.

Al-Sumaria News reviewed historical data for currency printing in Iraq, and it was found that the printing and quantity of currency takes an upward trend every month, and the quantity of currency rarely decreases, as printing continues, which increases the quantity of currency, but destruction is the least common act.

The data shows that the largest recorded decrease in the amount of the Iraqi currency since 2004 until now was between June and July 2014, when the decrease reached 2 trillion dinars, and then between November and December 2015, with a decrease of 1.4 trillion dinars, and also between May and June 2021, with a decrease of 1.4 trillion dinars. .

The latest decline between December and November 2023 comes as the third largest decline in the amount of currency printed within one month, amounting to 1.2 trillion dinars, since 2004 until now, that is, 20 years ago. It also comes among only 6 similar declines, amounting to more than one trillion dinars within a month, for twenty years.

alsumaria.tv

"RV UPDATE" BY FRANK26, 25 FEB

Frank26

Question: "I appreciate you saying Chase and JP Morgan but is there a problem with Bank of America or Merrill Lynch?"

Who said there was?

You want to go to BOA and see if they can hook you up with Merrill Lynch?

Go for it...I told you there would be many banks. If you don't like this one go to another bank. There will be many places you can go and exchange to.

You know the qualifications to be part of the WTO. Is it to have value to their currency?

No. It is to have a currency with no restrictions. Therefor if there are no restrictions on their currency, Hey, CBI, go crazy!