DINAR REVALUATION

Wednesday, April 3, 2024

Iraq Dinar - Economic Reform - Accelerate - World Bank Support - Develop...BY MILITIAMAN

Zimbabwe Set to Announce Fate of Local Currency After 73% Plunge, 3 APRIL

Zimbabwe Set to Announce Fate of Local Currency After 73% Plunge - Bloomberg 4-3-24

Zimbabwe’s currency plunged to yet another record low as citizens rushed to the safety of the US dollar amid speculation an announcement from the central bank on the fate of the local unit is imminent.

The Zimbabwe dollar traded at 22,476 against the greenback, taking its losses this year to 73%, the world’s second-worst performance only after the Lebanese pound. A sense of urgency has gripped the nation after authorities brought forward the start date of the new governor, John Mushayavanhu, by a month.

The local media reported the move was made to announce a new currency plan that may include embracing the gold standard.

The southern African nation’s unstable currency risks sending the nation back into hyperinflation 15 years after its old local dollar had to be abandoned. The latest two Reserve Bank of Zimbabwe governors, John Mangudya and Gideon Gono, failed to bring order to the exchange rate despite multiple efforts.

These included the launch of gold coins and gold-backed digital tokens under Mangudya’s watch, while Gono repeatedly slashed zeros off banknotes as hyper-inflation spiraled and topped 231 million percent in 2008.

“What we are seeing is anxiety and people preferring to hold US dollars,” said Lloyd Mlotshwa, head of research at IH Securities, a Harare based brokerage. “This signals reverting to a place of safety ahead of the currency announcement.”

Local media reports at the weekend said Mushayavanhu, who assumed office on March 28 instead of as planned, may announce at the end of this week the new currency policy in a monetary policy statement, which has been delayed for almost two months.

The central bank has not given a date on the release of the monetary-policy statement that was originally scheduled for February but had been deferred to give policymakers time to finetune the currency plan.

David Mnangagwa, the country’s deputy finance minister, said last week the statement’s release was imminent, attributing volatility in the exchange rate to “anxiety and anticipation” over the policy’s delay.

Meanwhile, the premium for dollars in the parallel market over official rates has widened 60% to as much Z$36,000, according to which monitors the exchange rates.

https://www.bloomberg.com/news/articles/2024-04-02/gold-standard-beckons-zimbabwe-dollar-as-new-governor-set-to-reveal-new-policy

BRUCE INTEL (ENGLISH & SPANISH), 3 APRIL

Bruce Intel 04/02/2024.

So the number one intelligence source said, there are only 19 people in the world who know when this is going to happen and CW was on call on Saturday and said that when it went out and the number one person said the blackout already from last week, and the BHs were moving and today we were told that the BHs we know should get their email tonight or tomorrow and then we will have access to our 800 numbers and also the main WF person could come anytime between Wednesday afternoon and Friday morning.

On top of that, we hear that these smaller BHs we know should receive and expect these emails starting tomorrow at 11 and Thursday and reinforce that guy number 1 received an encrypted message from a prominent person: "I would love to tell you without receive "I have something on a ringtone - this should be available in a day or two" So basically tomorrow to Friday, and these are people who actually know what's going on and the BHs expect their emails and their liquid between tomorrow , between 11 a.m. and Thursday, so now until Friday would be our current window.

So with CW in blackout and we just need those BH to become liquid and then us 12 hours after that. Don't bother asking about political changes because no one is going to tell you; keep an eye on your emails from tomorrow morning until the end of the week. That's right, Truly is ALL they have, and so why don't Sue and Bob remember Intel? Speechless.

Sue simply thanks the module for reminding her about INTEL. So we again closed the call in prayer and asked for prayers for Bruce. And I thank everyone for being on the call and enjoy these last few days in this invisible realm and we hope to bloom abundantly very soon and Sue closes the call and thanks Bob. Dear ones, keep saying those prayers until you receive those email notifications. I KNOW EVERYONE WILL DO IT. Thank you all so much because it is desperately needed in our world.

I LOVE YOU ALL Gema

TRANSLATION SPANISH

Bruce Intel 02/04/2024.

Entonces, la fuente de inteligencia número uno dijo: solo hay 19 personas en el mundo que saben cuándo sucederá esto y CW estuvo de guardia el sábado y dijo que cuando se apagó y la persona número uno dijo que el apagón ya  de la semana pasada, y los BH se estaban mudando y hoy nos dijeron que los BH que conocemos deberían recibir su correo electrónico esta noche o mañana y luego tendremos acceso a nuestros números 800 y también la persona principal de WF podría ir en cualquier momento entre el miércoles por la tarde y el viernes por la mañana.

  Además de eso, escuchamos que estos BH más pequeños que conocemos deberían recibir y esperar estos correos electrónicos a partir de mañana a las 11 y el jueves y reforzar que el tipo número 1 recibió un mensaje cifrado de una persona destacada: "Me encantaría decírtelo sin recibir  "Tengo algo en un timbre: esto debería estar disponible en uno o dos días". Así que básicamente de mañana a viernes, y estas son personas que realmente saben lo que está pasando y los BH esperan sus correos electrónicos y su líquido entre mañana, entre las 11 a.m. y el jueves, así que ahora hasta  El viernes sería nuestra ventana actual.  

Entonces, con CW en apagón y solo necesitamos que esos BH se vuelvan líquidos y luego nosotros 12 horas después de eso.  No te molestes en preguntar sobre los cambios políticos porque nadie te lo va a decir; mantente atento a tus correos electrónicos desde mañana por la mañana hasta el final de la semana.  Así es, Truly es TODO lo que tienen y, entonces, ¿por qué Sue y Bob no recuerdan Intel? Sin palabras. 

 Sue simplemente agradece al módulo que le recuerde acerca de INTEL. Así que nuevamente cerramos la llamada en oración y pedimos oraciones por Bruce.  Y agradezco a todos por estar en la llamada y disfruten estos últimos días en este reino invisible y esperamos florecer abundantemente muy pronto y Sue cierra la llamada y agradece a Bob.  Queridos, sigan rezando esas oraciones hasta que reciban esas notificaciones por correo electrónico.  Sé que TODOS LO HARÁN. Muchas gracias a todos porque se necesita desesperadamente en nuestro mundo.  

LOS AMO A TODOS Gema

The US Closes Iraq's Oil Revenue Account - The Details #iqd BY SANDY INGRAM

MARK EXPLAINS THE 3 - ZIM PAYOUTS, 3 APRIL

MARK EXPLAINS THE 3 - ZIM PAYOUTS

https://odysee.com/@theoriginalmarkz:...

"QFS CONVERSATIONS" WITH GOLDILOCKS: " THE OIL PRODUCTION OF IRAQ WILL NOW BE TRADED IN THE IQD", 3 APRIL

GOLDILOCKS

Executive Order 13303 has been lifted:

"Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest"

The lifting of this executive order 13303 and the movement from that account to an Iraqi2 account allows Iraq to trade their oil revenue payments in the Iraqi dinar, instead of, the dollar.

The protections of the United States Dollar mechanisms is no longer needed for Iraq since they are integrated into the Digital Asset Based Trading System at this point.

We just recently witnessed their auctions being done successfully on these new digital mechanisms, and it secured their money in the transfers very well.

The oil production of Iraq will now be traded in the Iraqi Dinar. It will begin to place price pressures and demand for the Iraqi Dinar going forward. Let's take a look at the areas of disbursements this will affect for Iraq. See below paragraph.

"Disbursements: To date, disbursements from the DFI have been in support of the wheat purchase program, the currency exchange program, the electricity and oil infrastructure programs, equipment for Iraqis security forces, and for Iraqi civil service salaries and ministry budget operations."

These new demands now being traded in the Iraqi dinar will create price pressures that form new price actions on the market. Appreciations on a country's currency making these moves are expected.

Watch the water.

https://www.kurdistan24.net/en/story/34475-Iraqi-economy-faces-threat-as-US-closes-oil-revenue-account

https://ofac.treasury.gov/additional-ofac-resources/ofac-legal-library/executive-orders-eo

https://govinfo.library.unt.edu/cpa-iraq/budget/DFI_intro1.html