"THE RV AT OFFICIAL RATE OF $3.22 OF THE IQD WOILD DRAMATICALLU HELP THE US WITH THEIR DEBT" BY MILITIAMAN, 10 MARCH

 Militia Man 

 Hypothetically the United States has lets say 5 to 10 trillion dinar.  We have a nation debt of $30+ trillion.  If the US is sitting on 5 to 10 trillion dinar, if they [Iraq] come back to a previous era which they say they are going to do...they talk about about $3.22...

If they apply the Real Effective Exchange Rate to the Iraqi dinar based off their natural resources, not based off a punishment rate from the war era, not just based off of oil.  Iraq's $3.22 was based off primarily oil.  Now it's a different situation.. . [This would dramatically help the US with their debt]  Iraq has a lot of gold...oil...religious tourism...

"YES... IT'S CALLED THE MONETARY REFORM" BY FRANK26, 10 MARCH

 KTFA

FRANK26: "YES... IT'S CALLED THE MONETARY REFORM"..............F26

Al-Muslimawy: There is a policy to reduce the dollar exchange rate and control it in Iraqi markets

 

3/4/2024

 

Firas Al-Muslimaoui, representative of the State of Law coalition, said today, Monday, that there is a policy to reduce the dollar exchange rate and control it in Iraqi markets.

 

Al-Muslimaoui added, in a special statement to an NRT Arabia correspondent, that through our hosting of the Governor of the Central Bank in the House of Representatives and more than once, he demonstrated that there is a policy to reduce the dollar exchange rate and control it in the Iraqi markets.

 

He pointed out, “There are internal factors that the management of the Central Bank is working on, while external factors are within the jurisdiction of the federal government, with regard to communication and relations with the Federal Bank. 

 

Al-Muslimaoui pointed out that the conditions imposed by the Central Bank administration are to limit the smuggling of cash, adding that there are steps in the right direction to almost gradually reduce the dollar exchange rate because the sudden decline is hitting the Iraqi markets. (ALMOST MY FOOT!!!...THE MONETARY REFORM HAS SUCCEEDED -F26)
Goran Abdullah - Baghdad

LINK

Iraq News News on When the Iraqi Dinar Will Revalue or Float IQD BY SANY INGRAM

No money, high prices: Kurdistan’s bazaars quiet ahead of Ramadan, 10 MARCH

 No money, high prices: Kurdistan’s bazaars quiet ahead of Ramadan

Kurdistan Region’s bazaars are quiet ahead of Ramadan because of delays in payments of government salaries and increased prices for certain essential goods.

“There is no salary, nothing,” Iskandar Rahim, an Erbil resident, told Rudaw’s Horvan Rafat on Friday. “Everything has become so expensive and people do not dare to go to the market.”

Sdiq Ahmad, another resident of Erbil, commented on how quiet the market was when he went to do some shopping.

"If they have salaries, people would buy necessities such as meat, chicken, and other home necessities, but now people cannot afford them,” he said. “People are borrowing money for the month of Ramadan.”

Market vendors say that government delays in distributing salaries have slowed their business and many goods are priced beyond the reach of their customers.

Committees from Erbil’s governor’s office are actively overseeing market activity and plan to expand their monitoring during the holy month of Ramadan to more effectively curb price hikes. Shops are usually busy during Ramadan as people buy special foods for the holy month and clothing ahead of Eid. 

“A kilogram of meat has gone up to 20,000 [Iraqi dinars]. It is very expensive,” said Gaylan Maghdid, a butcher.

It has been 40 days since the Kurdistan Regional Government (KRG) last distributed salaries for its civil servants and pensioners.

The government has failed to pay its civil servants on time and in full for nearly a decade. The situation worsened over the past year after Turkey suspended the flow of Kurdish crude oil through the Iraq-Turkey pipeline to its Ceyhan port in March following a ruling from a Paris arbitration court, causing the KRG billions of dollars in losses.

Without the funds to meet its payroll, the KRG has turned to Baghdad, which is sending Erbil 618 billion dinars monthly.  ink

"MISSION IS BEING ACCOMPLISHED BY THE CBI... FOR THE MONETARY REFORM. BY FRANK26, 10 MARCH

 KTFA

FRANK26: "MISSION IS BEING ACCOMPLISHED BY THE CBI... FOR THE MONETARY REFORM..F26

A noticeable decline in dollar prices... a morning list for 11 governorates

3/4/2024

 Baghdad

Today, Monday (March 4, 2024), the exchange rates of the dollar against the dinar recorded a noticeable decline on the main stock exchanges in the capital, Baghdad, and the provinces.

The "Baghdad Today" correspondent said, "The price of the dollar on the main stock exchange in the capital, Baghdad, reached 149,500 dinars today, after it recorded 151,100 dinars per 100 dollars yesterday." 

Below is a list of exchange rates for 10 governorates:
$100 = 149,700 Basra
$100 = 149,500 Erbil 
$100 = 149,800 Sulaymaniyah 
$100 = 149,900 Karbala
$100 = 149,800 Kirkuk 
$100 = 149,900 Babylon
$100 = 149,650 Dohuk 
$100 = 149,900 Mosul
$100 = 149,900 Najaf
$100 = 149,700 with penalty

LINK

"RI HAS NOTHING TO DO WITH THE EXCHANGE RATE" BY PIMPY, 10 MARCH

 Pimpy   

 We're staying grounded...about the possibility of getting a huge payday.  Remember it's only a possibility, just like there's a possibility they could re-denominate before they change the exchange rate...

Re-denomination has nothing to do with the exchange rate.  We want the exchange rate to change, not the Iraqi currency to delete the zeros.  We don't want that to happen...Stop rooting for the deletion of the zeros.  You don't want that to happen.

Iraqi Dinar🔥Some Positive Increase In The Rate Of IQD Against USD Today ...