The confusion between a LOP Deletion of Zeros and Redenomination 03/06/24 BY PIMPY

AL-KADHIMI: "THERE IS A SERIOUS AND REAL WORK TO STRENGTHEN THE IRAQI DINAR, THE PROBLEM IS THE "POLITICAL PROTECTION" OF THE BLACK DOLLAR" , 6 MARCH

 Comment From Parliament On The Dollar Exchange Rate: Do Not Listen To The Losers

Economy |Baghdad today - Baghdad    Today, Wednesday (March 6, 2024), the Parliamentary Finance Committee confirmed that the dollar is controlled by the relevant government agencies, calling for not taking into account the rumors of losing and corrupt parties.

Committee member Moin Al-Kazemi told “Baghdad Today” that “there are some politically losing parties and personalities who have major suspicions of corruption, working to continue spreading rumors that the government is not in control of the dollar market and the Iraqi dinar is declining, for the purpose of political influence as well as influencing the market".

Al-Kadhimi added, "The government is currently in complete control of the dollar in all its transactions, and there is real and serious work to strengthen the Iraqi dinar," stressing that "everyone is required not to take into account the rumors of losing and corrupt parties, as they do not want economic stability, to achieve their suspicious agendas."

The expert in economic affairs, Ahmed Al-Tamimi, confirmed earlier today, Wednesday, that the dollar crisis in Iraq is behind corruption mafias, with political protection from some influential people and parties that are trying to obstruct economic reforms.

Al-Tamimi told "Baghdad Today", "The politically protected corruption mafias were the primary beneficiaries of the dollar crisis and they worked to exacerbate this crisis for their interests and gains, and they are currently working to obstruct any government reforms in the financial and economic sector."

He added, "These mafias have political protection from some influential people and parties, and these parties work politically to create problems so that any government efforts that want reform fail. This is why we see that the dollar crisis is still continuing and ongoing despite all government steps. The parallel market is still witnessing a significant increase." at the official price.

Exchange rates have not stabilized for nearly two years, despite many measures taken by the government in an attempt to control it, all of which failed, due to the existence of political “protection” of the black dollar, according to observers.   LINK

"RV UPDATE: " THE US DOLLAR IT IS LISTED AS A CURRENCY THAT CAN BE EXCHANGED WITH THE IQD" BY GOLDILOCKS, 6 MARCH

GOLDILOCKS

 Take a look at the top listing on Citibank bank rate inside Iraq. It is important to note that the US dollar conversion rate still remains the same, but it is listed as a currency that can be exchanged with the dinar. 

Scroll all the way to the far right of the dinar listing at Citibank, and you will find that one US dollar still buys 1,300 dinar. 

© Goldilocks

https://www.creditbankofiraq.com.iq/personal/currency-rates.html

Digital Ruble Announcement:

At a meeting of the Association of Banks of Russia, both the central bank governor and deputy governor gave an update on the digital ruble. Trials for the central bank digital currency (CBDC) started in August last year after the passage of legislation. It started with a dozen banks, 600 end users and 30 merchants across 11 cities. The plan is to begin to roll out the CBDC next year.

https://www.ledgerinsights.com/russia-cbdc-status-update-25000-transactions-so-far/

Standard Chartered partners with ShopUp to implement real-time digital payment solution | The Business Standard

https://www.tbsnews.net/economy/corporates/standard-chartered-partners-shopup-implement-real-time-digital-payment-solution

Coffee with MarkZ and Andy Schectman. 03/06/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- 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

Coffee with MarkZ and Andy Schectman. 03/06/2024

Member: GM MarkZ & Mods & Family

Member: Anticipation fatigue is real…..and I have it bad

Member:  Any thing positive going on? Markets a hot mess.

Member: Is the chatter still good that we may see something today or tomorrow?

MZ: I feel confident we are extremely close…Maybe today or tomorrow….I’ll take either…..or whenever we get it. I am afraid to let myself get to excited. 

MZ: MilitiaMan had a great recap on the dinar last night.  Around the 14 minute mark he mentions that JP Morgan (Jaime Dimon) made a statement that “Iraq will be the savior of the world economy”  I.   That tells you the importance of what is going on in Iraq right now.   Be sure to go listen to MM and like and share his videos. 

MZ: There is a tremendous amount of effort and hope around this event. 

Member:  I asked my bank in Hawaii if they were basil 3 compliant and I got a call back that they are not required to be compliance. bigger Banks like Chase and other International Banks have to meet it

Member: Does Mr. C entering the codes have anything to do with the RV??

Menber: He is one of the signatories that bring in the gold backed currency for the US….. 

Member: I'm hearing when the Market drops 3 more times...It will trigger the crash and everything will follow.. Yesterday it dropped really Low...

Member: Mark did you hear anything about the rumor that the banks in the Federal reserve is not going to give out any more money after March 11th? 

MZ: It means the Federal Reserve ends their short term loans they put in place when some banks were going under. (Signature Bank, SVC Bank ecct..) So the safty net for smaller banks ends on March 11. . 

Member: Yes. Doesn’t it mean the treasury loans or bailout to banks end on March 11th? 

Member: I wonder when the US dollar is revalued, will the value of gold be correspondingly be lowered in value?

Member: I wonder what are the chances NO IRS TAXES due April 15th?

Member: If there are any white hats….One would think they do not want us to pay billions in taxes that go straight to the bad guys cabal to re-hypothicate the evil ones……So if you are listening White hats……get this done before we have to pay those taxes in a month. 

Member: What is “double dipping” 

MZ: If you exchange some currency …then go buy a bunch more to exchange….that is double dipping. 

Member: That’s why it makes sense to it all at the same time….and let us exchange once. 

Member: this roller coaster should be coming to an end soon!!

Member:  March 6th, 2024:  God is saying to you today,"You are going to receive that miracle You've been praying for.  Only I can do the impossible, I can make a way where there seems to be no way.

Member: Thank you Mark Z! You’re the calming voice of sanity in this insane world.

Member: Happy Birthday to all celebrating today. God bless you all.

Andy Shehctman from Miles Franklin joins the stream today…Please listen to the replay for his opinions and information. 

"RV UPDATE" BY BRUCE, 6 MARCH

 Bruce

We got an email about 3pm today Tues. 5 March saying we were within 24 hours of being notified and getting our notifications and setting our appointment. We had this confirmed from two different RC’s. We know the Iraqi Dinar has been trading up on the screen and they are still blinking and moving upwards, but not stable. If this holds true we’ll get our notifications  tomorrow Wed. 6 March. When it comes to R&R allowances that is supposed to kick in when the USTN is released between 14  -16 March.

  There was a meeting with six people, three of whom, we know, one was admiral... one was with a treasury representative of the United States and one other was, Judy Shelton... What was transmitted was that the there would be a contract rate. I think the contract rate really only applies to the dinar and it's quite healthy, really very strong.  

And then the other currencies, they use  the term of special rates, which means I think they're going to be a little bit flexible on some of the other currencies, not all but some - But also, it's going to be great for us.So that’s exciting...The other major thing...was that we should receive our notifications between tomorrow [Friday] and Monday and exchanges between...sometime between tomorrow [Friday] and Monday... I think we're lined up and ready to start.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-bruce-3-march.html

Iraqi Dinar - IQD Dinar Update - Internal Factors - Central Bank - Commu...BY MILITIAMAN

"YES, THE IQD IS TRADING ON THE PRIVATE SIDE OF FOREX".BY FRANK26, 6 MARCH

 Frank26

 “To be clear, yes, the IQD is trading on the private side of Forex, the institutional side, trading in futures. The trading chart has been climbing steadily and closed yesterday at $2.70.

This may or may not be a precursor to what we see on the PUBLIC side. We could see more, we could see less. 

We don’t know, but the point is…before we can go to the bank as investors, the IQD must be trading on the public side of Forex. That’s the number the CBI will post on their website when the IQD becomes tradable. Everywhere. The time for that to happen is now upon us, but they have to show it. By all indications, they’re about to!”

 IQD on Forex is on the private side.  [Found by Forex Girl]

 1.  www.Forexlive.com  

 2.  Click Live Charts.  This is free but there is a private side.  We can at least get a little example. 

  3.  Click EURUSD in the top left of the chart.

  4.  Delete EURUSD in the top left box and type in USD/IQD.  Wow!  Oh, my goodness...

The Iraqi dinar is going through a phase where it's being traded internationally on a private side of Forex.  It is live.  In December it was trading about $2.40 to $2.50.  In January it was trading at about $2.60.  Last month it was about $2.63 or so.  Sunday it was $2.70...IMO this is a trend that is going towards the reinstate phase of the Monetary reform to reach the $3.22 that it was.  

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-frank26-5-march_01019395814.html