Friday, March 8, 2024
"RV UPDATE" BY FRANK26, 8 MARCH
Frank26
You have the 25,000 dinar note. You don't take a pair of scissors and cut out the three zeros. A lot of you think that. No...The official exchange rate... .00085971 . You don't go around thinking to yourself they're going to take a pair of scissors and they're going to cut the physical dinar. No. No. No.
What they're going to do is take the exchange rate...put the decimal point there so the exchange rate then would be about .86 cents [rounded off]... What does that mean? If you have 1 dinar you have $0.86 cents when they lift the 3 zeros from the exchange rate...It's a reinstatement...back the way it was.
A report calls for controlling the dollar for continued American influence after the withdrawal from Iraq, 8 MARCH
A report calls for controlling the dollar for continued American influence after the withdrawal from Iraq
A report by the American Mindful Statecraft paper site, Thursday, called for tracking down additional maintainable means for American impact in Iraq by taking advantage of help and controlling Iraq’s petrodollar cash saves as method for tension on the Iraqi government after the withdrawal of powers from the country.
The report, deciphered by the , expressed, “Any advantages from the proceeded with presence of American powers in Iraq under the affection of battling ISIS have vanished and have become eclipsed by the dangers of openness to opposition strikes in the country. In Iraq, Washington can’t get everything, except with a hint of “Imagination” and sensible assumptions “can in any case sufficiently safeguard its inclinations after US powers leave, probable at lower cost and with improved results,” the report claims.
He added, “The US has implies that empower it to keep up with impact, including taking advantage of the outfitting of the Iraqi security powers and the guide they give, as the US has put huge number of dollars in tasks, for example, giving money help to the dislodged in Erbil, keeping up with the Mosul Dam, and supporting advanced education.”
He proceeded, “Other crucial issues that torment the connection among Iraq and the US incorporate waiting hatred since the early long stretches of the American occupation and genuine and saw infringement of Iraqi power through American strikes. This dynamic has, on occasion, made a threatening position toward the US, however what convolutes this “The dynamic is the proceeded with presence of American powers in Iraq. While certain Iraqis genuinely want the withdrawal of American powers, this game plan serves the Iraqi government and the opposition groups that don’t need the proceeded with American presence on Iraqi soil.”
He expressed, “Among the US pressure cards on the nation is the impact applied by the US Central bank on its economy. Hence, assuming that Iraq ousts US powers, the US might quit permitting exchanges in dollars, subsequently confining its economy.”
That’s what the report noticed “the US knows very well that it can not overcome the opposition groups in Iraq, and hence Washington is in a feeble position. Subsequently, the opportunity has arrived to imagine ways of safeguarding American interests in Iraq without proceeding to send powers for a significant stretch.”
"RV UPDATE" BY SANDY INGRAM, 8 MARCH
Sandy Ingram
In 2023 Vietnam recorded approximately $28.5 billion US in tourism revenue...Iraq has the ability to generate this same amount or more each year due to the historic landmarks and religious hot-spots in the country.
All Iraq has to do is implement safety for tourists. Egypt generated $10.7 billion in tourism in 2022 and $13.1 billion in 2023...
Iraq is the birthplace of the top three religions in the world today - Judaism, Christianity and the Muslim faith. There are important landmarks within Iraq for all three of these religions, including the ancient city of Babylon.
https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-7-march.html
10 weakest currencies in the world: The value of a currency depends on supply and demand while some are pegged, meaning the currency is valued at an agreed rate. The foreign exchange rate is an indicator of a country's economic wealth. #10 The Iraqi dinar - inflation and political instability are the given reasons. #9 Ugandan shilling (USH)... #8 Paraguayan Guarani (PYG)...land locked in South America #7 Guinean Franc (GNF)... #6 Uzbekistani Som (UZS) 1 USD = 12,501 UZS #5 Indonesian Rupiah (IDR) #4 Laotian Kip (LAK)...only land locked country in Southeast Asia. #3 Sierra Leonean Leone (SLL). #2 Vietnam Dong (VND) #1 Iranian Rial (IRR)
"RV UPDATE" BY PIMPY, 8 MARCH
Pimpy
I don't want you guys to be discouraged. Iraq has come a long way. You guys know this. I know you guys want everything to happen overnight because you guys have been waiting for such a long time. You've been patient for this long, just be patient a little longer. We see their foreign reserves going up. We know there's reform taking place. We know they got construction going on. We know they're going to fix their infrastructure ...Yes, things are looking very bright for Iraq.
We know that a good-sized portion of the infrastructure has already been worked on and somehow some way they did it at an exchange rate of 1310...A Slight Increase In Oil Prices Due To A Smaller-Than-Expected Increase In US Crude Inventories, 8 MARCH
A Slight Increase In Oil Prices Due To A Smaller-Than-Expected Increase In US Crude Inventories
Thursday 07, March 2024 09:06 | Economical Number of readings: 351
Baghdad / NINA / Oil prices rose about 1% due to a smaller-than-expected increase in US crude inventories and a decrease in distillate and gasoline inventories.
Brent crude futures rose 92 cents, or 1.1%, to $82.96 per barrel upon settlement, bringing Brent rose for the first time in five days.
US West Texas Intermediate crude futures also increased 98 cents, or 1.3%, to $79.13 per barrel.
The US Energy Information Administration said that crude inventories rose by 1.4 million barrels to 448.5 million in the week ending March 1, compared to analysts’ expectations in a Reuters poll for an increase of 2.1 million.
She indicated that gasoline stocks decreased by 4.5 million barrels to 239.7 million, compared to analysts’ expectations of a decrease of 1.6 million./ End
The American consul in Erbil speaks of “economic opportunities” that bring great benefits to Iraq and the United States, 23 NOV
The American consul in Erbil speaks of “economic opportunities” that bring great benefits to Iraq and the United States Shafaq News / The US...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...