"RV UPDATE" BY FRANK26, 13 APRIL

 Frank26 

  Iraq is a sovereign nation now with a sovereign currency.  Therefore IMO Sudani goes to Washington to deal with Monetary Reform and banking advancement...Billions and billions are retuning to Iraq.  It's an incredible amount of money that's coming back.  It'll [DFI?] probably come back to them now or after the 15th when Sudani comes back.

 ...We are in the best position possible.  We already went to the banks in Ohio.  We already opened an account - Checking/Savings whatever you want...Some banks are willing to talk and say a little bit...I respect those banks.

  The banks that are telling me that, 'No we don't know anything.  No, it's a scam.  No, it's never going happen.' ...I will never do business with those banks.  Never...I'm going to start with Chase...We can go to Well Fargo...

Iraqi Dinar 🔥 Out of Country $3.86 Exchange Rate🔥 Guru And Latest RV New...

Internal Affairs: The national card will be the basis for all transactions, 12 APRIL

Internal Affairs: The national card will be the basis for all transactions

 Economy News – Baghdad

The Ministry of Interior confirmed on Friday that the national card will be the basis for all transactions.

The Director General of Civil Status, Passports and Residency, Major General Nashat Ibrahim Al-Khafaji, said, “There is prior coordination with the Ministry of Commerce and Planning and the Election Commission so that the national card is the basis for all transactions.”

He pointed out that “the basis of electronic governance in the national card is that its data is real, in addition to the presence of a face image, eye print, and fingers, and all of these things were not present in the status records.”

Al-Khafaji added, “Any citizen can be easily identified in the national card system, so the Prime Minister and the Minister of Interior paid great attention to the project and the cadres are able to register all Iraqis.”

https://economy-news.net/content.php?id=42399

"RV UPDATE" BY PIMPY, 12 APRIL

 Pimpy 

 There still seems to be some major confusion about what a real effective exchange rate is versus an actual nominal exchange rate...A Real Effective Exchange Rate is for assessing its trade capabilities...an increase in the nations REER is an indication that the exports are becoming more expensive and its imports are becoming cheaper.  It is losing its trade competitiveness.  So the REER is used to check out its competitiveness with other trade partners.  That's it...It's not the same thing as a nominal exchange rate...  

 I read this book [ Quest For Good Money]...I kept playing with the numbers, reading my ass off...This is the formula they use [to determine the exchange rate]...The person that wrote the book said if they can get their inflation down, at it is down,...

and they can catch up to their dinar price parity...it should be at the pre-war rate...which is over $3.00.  So I did the formula based on all the information they gave me, it came out to $3.56...I said wow, that's going to be phenomenal...that is worth getting excited about...The study does tell you that there's no reason Iraq can't be the most valuable currency out there...The question is always going to be whether they re-denominate or not.

Jon Dowling Weekly Wrap Up Latest News Updates

Al-Shammari: Sudan’s upcoming visit will chart the identity of the relationship between Baghdad and Washington, 12 APRIL

Al-Shammari: Sudan’s upcoming visit will chart the identity of the relationship between Baghdad and Washington

Political adviser to Prime Minister Fadi Al-Shammari confirmed today, Friday, that Sudan’s upcoming visit to the United States of America will chart the identity of the relationship between Baghdad and Washington.

Al-Shammari said in a press statement, “It is expected that the Prime Minister will put the activation of the framework agreement at the top of the visit’s agenda in order to enhance cooperation and coordination with the United States and activate the terms of the agreement between the two countries, especially in the fields of development, economy, investment, education, technology, artificial intelligence and climate.”

He added, “The Prime Minister seeks to deal with the files in a way that restores balance, strengthens the partnership, matures the relationship between the two countries, and draws out the nature, identity and identity of joint relations, by fixing the factors of joint commitment and focusing on the main aspects of the strategic framework agreement as well as the joint political, security and military files.”

https://alforatnews.iq/news/الشمري-زيارة-السوداني-المرتقبة-سترسم-هوية-العلاقة-بين-بغداد-وواشنطن

"CENTRAL BANKS ALL OVER THE WORLD CONTINUE TO FOCUS ON ACCUMULATING GOLD" BY GOLDILOCKS, 12 APRIL

 GOLDILOCKS

We are at the place where Credit Valuation Adjustments are about to begin. 

The process will be monitored and assessed throughout most of this year and as new changes take place.

Look for all sectors of the market to be involved in this process such as banking systems and Forex.

Central Banks all over the world continue to focus on accumulating gold. Utilizing Gold as a World Reserve Asset makes this asset a matter of time before a country or countries of significant influence will build upon it's fixed value into their currency. 

The BRICS Nations have been looking to do this for some time in the creation of and use of a trading currency that would appeal to all countries around the world. 

Sprinkle a little gold dust on this new currency, and you will have a standard by which all trading protocols can be measurable on the QFS and utilized as a bridge asset through a digital asset backed by GOLD such as XRP.

© Goldilocks

https://www.risk.net/definition/credit-valuation-adjustment-cva#:~:text=Credit%20valuation%20adjustment%20is%20a,possibility%20of%20a%20counterparty's%20default.