DINAR REVALUATION

Saturday, April 6, 2024

"RV UPDATE" BY SANDY INGRAM, 6 APRIL

Sandy Ingram

I would say [They] do not want us to have wealth from our investment in the Iraqi dinar.

Why? Because it would become too difficult for them to continue to control us. We are the ones they do not want to give power to...When I...imply Iraq will go on to readjust its currency and we may not be privileged to participate in the profits this is where I am coming from. Iraq readjusting its currency does not mean the country will join the global financial platforms. Saddam never did and his currency was worth 1 dinar to 3 US dollars...Will they allow the people of Iraq to connect with the people outside of Iraq on the Forex market ?

We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. ; And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-31-march.html

We often talk about $0.10 to $0.25 to one U.S. dollar. People get upset but that is what could happen without a reval. And most of the [Dinar investors] would experience a six-figure profit if the currency just went up to 10 cents to 1 U.S. dollar.

A pivotal moment looms on the horizon with Iraqi Prime Minister Mohammed Shia al-Sudani slated to visit Washington DC on April 15, 2024. President Biden is set to host this crucial meeting...It's not all about military... the meeting is also expected to tour upon Iraqi financial reforms...This is the reason this meeting is important for Iraqi dinar investors. The US...undoubtedly has a vested interest in the successful implementation of these reforms.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-29-march.html

An “extraordinary” meeting of the State Administration Alliance in the presence of Nekhirvan Barzani and Sudani on Saturday, 6 APRIL

An “extraordinary” meeting of the State Administration Alliance in the presence of Nekhirvan Barzani and Sudani on Saturday

Shafaq News / A political source said early on Friday that an “exceptional” meeting of the coalition of state administration was held on Saturday.

The source told Shafaq News that “the head of the Kurdistan Region, Nechirvan Barzani, will participate tomorrow in an extraordinary meeting of the coalition of the administration of state in the presence of Sudanese and the rest of the leaders.”

The source added that the meeting will witness the discussion of political agreements and outstanding files between Baghdad and Kurdistan.

Shafaq News Agency learned from informed sources on Thursday that the head of the Kurdistan Region, Nechirvan Barzani, will visit the capital Baghdad to discuss several files.

In this regard, the official spokesman for the Presidency of the Kurdistan Region, Delshad Shehab, told our agency that “the visit is scheduled for next Saturday, where Barzani will meet with Iraqi Prime Minister Mohammed Shia Al-Sudani.”

He added that “Barzani will discuss during this visit with Iraqi officials several files such as the budget, salaries, oil and the resumption of its export, in addition to relations between Erbil, Baghdad and others.”

https://shafaq.com/ar/سیاسة/اجتماع-استثنا-ي-لتحالف-ادارة-الدولة-بحضور-نيجيرفان-بارزاني-والسوداني-يوم-السبت

"YOU SHOULD BE PREPARED" BY ARIEL, 6 APRIL

ARIEL

Vietnam 

Zimbabwe 

Iraq 

Iran 
 
Countries are removing old currency notes from off the street prior to a exchange rate change that is expected to be initiated by Iraq with other countries following suit. Please stop with all of this panicking just because Zimbabwe gave their citizens 21 days to do it. 

One source mentioned that the Reserve Bank of Zimbabwe (RBZ), injected the gold-backed digital tokens (GBDT) known as Zimbabwe Gold (ZiG). This GBDT is prepared and will eventually be used via the new quantum banking system to pay you for your Zim Bonds that you hold. 

You should be preparing. Not worrying. This is apart of the monetary reform that most countries are undergoing. Especially those apart of the BRICS Nations. All of those nations are waiting for Iraq to get the ball rolling. 

Please standby.

Quote

Gold Telegraph

@GoldTelegraph_

10h

Zimbabwe has officially launched a new gold-backed currency.

It has arrived.

Jon Dowling Weekly Wrap Up Financial Updates

Central Bank confirms the coverage of 4 categories of loans, 6 APRIL

Central Bank confirms the coverage of 4 categories of loans

Mawazine News – Baghdad
The Central Bank of Iraq confirmed, on Friday, that the volume of its initiatives for citizens reached 13 trillion dinars, while it pointed out that housing loans are continuing, and indicated that there is a continuous demand for them, pointing to the inclusion of 4 categories.
Deputy Governor of the Central Bank Ammar Hamad Khalaf said that “the land bank is currently counting, arranging and reviewing previous loans and then will open the application link again,” noting that “the Central Bank’s lending initiative exists in the presence of additional financing.”
He added, “The value of the initiative is a maximum of 150 million dinars,” explaining that “the initiative includes 4 categories: youth, members of the security forces, employees and retirees.”

He pointed out that “many citizens have benefited from the bank’s lending initiatives, and there is a continuous demand for loans.”
He pointed out that “the Central Bank did not stop housing loans, but according to the monetary policy adopted by the Central Bank since last year, the total funds allocated to this type of loan were determined in amounts less than in the past as the loans exist, but the funds allocated to the real estate bank were open to some extent in the past.”

He continued that “there is a determination by the Central Bank according to the monetary basis it deems to achieve the interest of the Iraqi economy and monetary policy,” noting that “the Central Bank of Iraq and because of the circumstances that Iraq went through in 2014, launched very important initiatives for the Iraqi economy in 2015, and it was one trillion initiative and another initiative through specialized banks of five trillion Iraqi dinars,” however, saying that “over time, the initiatives have expanded and now reached the limits of 13 trillion Iraqi dinars, where one became one trillion four trillion and more, and five trillion has become more than ten trillion.”

He pointed out that “finance was present according to monetary policy in that period, which was called the expansionary monetary policy of the Central Bank, but after 2023 and due to the economic conditions in general, the bank took a different direction to fiscal policy.”

He stressed that “the housing sector is the one of the leaders of initiatives compared to other sectors such as the agricultural, tourism and industrial sectors, due to the shortage of housing units in the country, in addition to the result of the availability of support at an interest rate of 5% only for twenty years for a loan up to 150 million dinars, as the citizen is able to buy a property with this type of loan and perhaps more.”

https://www.mawazin.net/Details.aspx?jimare=245373

"RV UPDATE" BY MILITIAMAN, 6 APRIL

Militia Man

They are ready to resume exports at any time. Why? Because they have the systems in place. Iraq's natural resources are phenomenal...these guys have so much natural resources it's not even funny.

Sat. 30 March Militia Man: “Two parties have confirmed that Iraq is currently RVing in-country on Sat. 30 March.” Ginger: “We’re hearing that the revaluation of the rate is currently underway inside the border of Iraq.

The Parliament committee has instructed Iraqi merchants and retailers to adjust their prices of goods and services to reflect the changes of their new rate for the Iraqi Dinar and effective Sat. 30 March.”

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-militiaman-5-april_01410702855.html