[Iraqi Bank Friend called #1 Update - He owns 7 banks, 2 in Jordan]
About two weeks ago we told you IOO the banks of Iraq were going to be receiving sample sheets/specimens.
They were very very precise pictures of the lower notes. It turns out #1 has them. ..They started to practice and use them but they needed more help so they requested.
You will see this request on the CBI website probably within this week where they are requesting help with the security features in the small notes that they are practicing counting, sorting and training right now..
.The new software will be with them and the banks within this week.
FRANK26: "THIS IS THE MONETARY REFORM EDUCATION AT ITS APEX... AT ITS PINNACLE"...F26
Dinar and dollar
March 4, 2024
Mohammed Rashid
Most of the crises that accompanied us led to the collapse of our national currency (the dinar) were due to the wars that were forcibly imposed on Iraq by some major powers for many years, and the dollar was the final command that dominated the economic scene and contributed to destroying the value of the Iraqi dinar.
In 1970, a piece of land with an area of (600) square meters in the most prestigious place in our city of architecture was worth (5) thousand dinars, and today the same piece is worth (one billion) and (500) million dinars. This is how playing with the fate of peoples was in order to weaken them and control them. (YES, THE IRAQI CITIZENS WERE GETTING RIPPED OFF -F26) Its human and oil resources.
Today, the economic world is witnessing a qualitative boom in awareness, and very soon it will overthrow the “dollar” and its name will be changed in the coming period to (AND IT WILL BE CALLED LOWER NOTES!!! -F26) “the dinar” and after a while to “the dollar,” and in the end it will completely lose its value and its printing price will be equal to (a number of cents).
In a televised interview with the “”Iraqi President, Engineer Muhammad Shiaa Al-Sudani””, he uttered a very important phrase (keep the dinar). Today, through my humble vision, I bear witness that the “”Iraqi dinar will return to its lofty economic value””, (HOLY CACA!!! -F26) away from wars and violence, through a new era that imposes its cultural will in the region and the world.
Dano2668: IQD/USD? We are holding IQD, not converting to IQD. Should the chart not show this? around “.36” when you first open the chart to change the currencies it shows “Euro/USD”, wouldn’t we keep them in the same order and simply change the “EURO” for “IQD”? …trying to understand what I’m looking at. .36 is still better than .0008 but ? Thank you for the clarification when you have a moment.
DeepWoodz:From Investopedia…
”A widely traded currency pair is the euro against the U.S. dollar or shown as EUR/USD. In fact, it is the most liquid currency pair in the world because it is the most heavily traded.1 The quotation EUR/USD = 1.2500 means that one euro is exchanged for 1.2500 U.S. dollars. In this case, EUR is the base currency and USD is the quote currency (counter currency). This means that 1 euro can be exchanged for 1.25 U.S. dollars.”
“Currency pairs are also known as forex pairs. If you buy a currency pair, you’re buying the base currency and selling the quote currency. The bid (buy price) represents how much of the quote currency you need to buy one unit of the base currency. If you sell the currency pair, you’re selling the base currency and buying the quote currency.”
So currently,(according to forexlive) yes you can buy one dollar for 2.78 dinar. So currently, yes the exchange rate we are looking at is round about $0.35.
Frank made a comment that makes sense. Perhaps they are waiting for supply and demand to bring the rate up equal to or greater than a dollar before releasing it to the citizens. Or perhaps they can change the rate at will. I don’t know. Perhaps they are watching some metrics to ensure the dinars ability to maintain its value on its own.
On Sat. 23 Feb. 2024 the World Trade Organization announced that Iraq had completed all requirements to be accepted as a member including having set their new Iraqi Dinar Rate, which the next day on Wed. 28 Feb. the Central Bank of Iraq announced as $3.47. The Dinar went live on back screens of Forex for $2.70 and began fluctuating upward.
On Thurs. 29 Feb. at around 7 pm EST Iraqi PM Al Sudani formally announced that the Dinar was asset-backed and Iraq had officially joined BRICS.
On Fri. 1 March,
with the various countries new currency rates having been agreed upon, Iraq officially joined other BRICS nations for the Global Currency Reset – exactly one year (March 2023) after the new Quantum Financial System went live on the Star Link Satellite Network.
Around Tues. 5March through Fri. 15 March 2024, the Ten Days of Darkness/Exposure appeared slated to occur.
Tier4b (us, the Internet Group)notification to set redemption/exchange appointments could occur at any moment. Tier4b will have 14-15 days to exchange at Redemption Centers at the special rates, after which you would have to exchange at a bank at the lower rates.
On Fri. 15 March the new gold/asset-backed US Note could be available to the General Public and will replace the old Federal Reserve fiat US Dollar in ATM machines.
It was also likely that on that same Fri. 15 March Restitution and Rebate monies will begin to be paid out and Social Security increases will begin.
Question: "Why is the IQD the only currency increasing in value that we're seeing on Forex? It's taking off like a rocket." The investors. They're not stupid. They know. The investors smell the security and stability. But the real reason they have security and stability is because they have a new rate.
The market will definitely tell you a change is coming to the exchange rate. These are the reasons why it was so important to know what to look for next. The market can carry a dual rate. It should not but it does. It carries both rates at one time. One that is official and the one that is not. This dual pricing in the market for them to collect even more 3 zero notes. But they surpassed this goal. There is no need for a dual pricing in the market because they got a whole lot of dinars to return back...
IMO the monetary exchange rate has been monitored to deal with internal inflation in the country of Iraq. The RV phase of the monetary reform brought forth all the calculations in order to succeed with the citizens first...Therefore when they reprice the market in Iraq get excited.
"BANK STORIES" BY WALKINGSTICK & FROG VIA BEARDED PATRIOTUSA, 25 FEB
WALKINGSTICK
[Mr. IT Guy Bank Story]
My brother asked [JP Morgan Wealth Manager] whether he could bypass the US dollar and exchange straight from the IQD to gold and silver and the private banker said he didn't know but he would find out and call him back.
MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.
My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.
The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue..
As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash...
MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff.
Revealing the reasons for the delay in the arrival of amendments to the budget schedules to Parliament
3/5/2024
Baghdad..
Deputy Chairman of the Parliamentary Planning Committee, Muhammad Al-Baldawi, revealed, on Tuesday, the real reasons behind the government’s delay in sending amendments to the current year’s budget schedules to the House of Representatives for the purpose of approval. Al-Baldawi told Al-Maalouma, “The delay in sending amendments to the 2024 budget schedules to Parliament is due to several reasons, including the ministries not completing their plans regarding the lagging projects, as the government is working to close this file, as well as the difference in prices and currency values.” (THIS IS THE REASON, NOTHING ELSE -F26)
He added, “Among those reasons relates to the schedules and amounts allocated to the Kurdistan region of Iraq, especially after the recent decisions issued by the Federal Court, which obligated the government to do so.” He pointed out that “most of these reasons and obstacles have been overcome by the government and will be sent to Parliament very soon.”