"THE OLD IQD NOTES VS THE NEW IQD NOTES" BY FNU LNU, 19 MARCH

  Fnu Lnu  

 On the issue of Old Notes (circulated) versus New Notes (uncirculated) I can tell you this. The "Oil for Dinar" program is very real and those are called Private Placements. They require ONLY uncirculated notes to participate. 

Otherwise, if you aren't in such a Private Placement exchange then it doesn't matter at all. Also, new uncirculated notes of certain serial numbers are going to be used as Bonds. The new Dinar have all the info needed to be used as bonds and it was planned this way before the new notes were printed. They will be used on the unregulated trading platforms in Shanghai as part of certain trading packages.

---

 [Reply to Guru Frank26's Dinar on Forex post 3-5-2024 below]  

There is no such thing.  A) The rule of One Price and B) There is no back side or private side to FOREX...With that being said: There are platforms in Shanghai and Singapore that are totally unregulated. 

It is the wild west of commodity trading and they create investment packages where they bundle up packages containing many different speculative investments into a bundle and trade those.  But that isn't happening now either though it was a thing with the IQD several years ago but not now..

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-fnu-lnu-6-march.html

💥$3.44 The Rate Set By Central Bank of IRAQ Internationally WOOWW | Iraq...

Al-Sudani chairs a special meeting on the 2024 budget schedules, 19 MARCH

Al-Sudani chairs a special meeting on the 2024 budget schedules, 19 MARCH

Head of the state Muhammad Shiaa Al-Sudani led an exceptional gathering on the government general spending plan plans for the year 2024, while taking note of the need to zero in consideration on projects that are approaching finishing.

The Head of the state’s Media Office said in an explanation got by “Head of the state Muhammad Shiaa Al-Sudani led, the previous night, Sunday, a gathering committed to examining the timetables of the government general financial plan for the year 2024, and introducing needs in the segments of expenditure and supporting help, monetary and social tasks, and vital ventures. Inside the course of the three-year spending plan (2023, 2024, 2025).”

The State leader brought up “the need to zero in consideration on projects that are approaching fruition, and activities that drive the financial cycle and backing framework, notwithstanding projects that give the biggest number of open positions, and meet assistance, wellbeing, and social requirements that outweigh other public necessities.”

He focused on that “the achievement saw in carrying out the 2023 spending plan should be put resources into finishing the excess monetary undertakings, particularly those connected with parts of financial change, venture, and foundation development in the space of transportation, wellbeing, and metropolitan administrations, and supporting useful horticultural and modern projects.”

In the way of thorough turn of events and managerial decentralization, the State leader focused “the significance of choosing projects with the most elevated need in the portions to governorate boards, and making the nearby focuses of the governorates in a condition of joining with the projects carried out by the government services, which permits accomplishing the most significant yields and results at the degree of business and improvement, and meeting Fundamental administrations for all residents all through Iraq.

"RV UPDATE" BY CLARE, 19 MARCH

 Clare  

Article:   "Al-Sudani intends to visit Washington to lift the ban on banks prohibited from dealing in dollars"  

Quote: "The head of the Iraqi Securities Commission, Faisal Al-Haimas, announced that three Iraqi banks were sanctioned by the US Treasury, and 25 banks were banned from dealing in dollars ."

 Article: "The Central Bank announces an understanding with the US Treasury to reconsider sanctions and indicates 'illegal trade' "

Iraqi Dinar✅Decoding Iraq's Federal Budget 2024: Al-Sudani's Priorities ...

Barzani: We are communicating with Sudanese and the Central Bank regarding a number of initiatives related to developing the banking system, 19 MARCH

Barzani: We are communicating with Sudanese and the Central Bank regarding a number of initiatives related to developing the banking system

The Prime Minister of the Kurdistan Regional Government of Iraq, Masrour Barzani, confirmed today, Sunday, communication with Prime Minister Muhammad Shiaa Al-Sudani and the Central Bank regarding a number of initiatives related to developing the banking system.

A statement from his office received by Al-Rabaa stated that, “The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received this evening, Sunday, a joint delegation from the Board of Directors of the Bank of Baghdad and the Jordan Kuwait Bank, headed by the Chairman of the Board of Directors of the Bank of Baghdad, Majid Allawi Al-Saadi.”

The statement continued, “The meeting witnessed discussion of opportunities for cooperation in implementing joint business and projects with the Kurdistan Regional Government, in a way that strengthens the banking system and achieves economic development in Iraq and the region.”

Barzani highlighted “the reforms implemented by the Kurdistan Regional Government in the field of the banking system and the digitization of services provided and electronic payment,” stressing “the continuation of work on the (My Bank Account) project.”

He pointed out that he “communicated with the Prime Minister of the Federal Prime Minister and the Governor of the Central Bank regarding a number of initiatives related to developing the banking system, in coordination with the Central Bank of Iraq and according to his instructions.”

https://alrabiaa.tv/article/81539/81539-%D8%A8%D8%A7%D8%B1%D8%B2%D8%A7%D9%86%D9%8A:-%D9%86%D8%AA%D9%88%D8%A7%D8%B5%D9%84-%D9%85%D8%B9-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%88%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A8%D8%B4%D8%A3%D9%86-%D8%AC%D9%85%D9%84%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%AA%D8%B9%D9%84%D9%82%D8%A9-%D8%A8%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D8%A7%D9%84%D9%86%D8%B8%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%8A

"RV UPDATE" BY MARKZ, 19 MARCH

 MarkZ 

  [via PDK] 

  I think things are in a mad dash to the finish line… We have an impending visit from Sudani here in the Us ...  We have Sudani on Friday mentioning the rate of $1.32…which is very specific... Comment:  The $1.32 rate is actually .76 cents US for each dinar….  Al Sudani promised the Iraqi people the dinar would be stronger than the dollar. . 76 cents is NOT stronger.   MarkZ:  They may be floating the rates of $1.32 and .76 cents to get people ready for a change. I still think it will be more in the $3 or $4 range…but I could be wrong. IMO $1.32 and .76 cents rates would still be fantastic.. 

 It's been exceptionally quiet on the RV front overnight... Some have anticipation for this weekend...I hope they are right.

 Comment:  There is currently a bond crisis brewing.  MarkZ:  Yes there is…and years ago one of the key players in the RV told us to keep our eyes on the bond market and when it finally gasps its last breath…that is when we go... It is certainly troubled enough to gasp its last breath.