"RV UPDATE" BY SANDY INGRAM, 13 APRIL

  Sandy Ingram 

  The upcoming visit by the Iraqi Prime minister to Washington DC is a significant event packed with potential and fraught with challenges.  The meeting is expected to address a range of issues from the fight against the Islamic State...to Iraqi financial reforms...  As the clock ticks down to April 15, the world watches with bated breath.  Will this be the turning point that ushers in a new era of cooperation between the United States and Iraq?  Time as they say will tell.

 Zimbabwe has a new structured currency... People will have 21 days from Friday April 5th to exchange their currency for the new structured currency...[We] were always concerned Iraq would use this same process to eliminate the millions of Iraqi dinar banknotes outside the country.  If this were Iraq and not Zimbabwe, you would only have 21 days to exchange the currency within Iraq.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-11-april.html

 Zimbabwe has a new structured currency...People will have 21 days from Friday April 5th to exchange their currency for the new structured currency...[We] were always concerned Iraq would use this same process to eliminate the millions of Iraqi dinar banknotes outside the country.  If this were Iraq and not Zimbabwe, you would only have 21 days to exchange the currency within Iraq.

"RV UPDATE" BY SANDY INGRAM, 9 APRIL

 Sandy Ingram 

  Iraq's prime minister will be in Washington, DC in less than 8 days to meet with President Biden.

 The real effective exchange rate (REER) is a measure of the relative strength of a country's currency in relation to an index or basket of other major currencies.  The REER is used to judge whether the country's currency is undervalued or overvalued or, ideally, fairly valued... 

Nominal Effective Exchange Rate (NEER)...It is an index of the weighted average of bilateral exchange rates of home currency with respect to a basket of currencies of trading partners.  An increase in NEER indicates an appreciation of the local currency against the weighted basket of currencies of its trading partners.

 Iraq's top five export trading partners are India, with $38.8 billion, China with $34 billion, the United States with $10.3 billion, South Korea with 8.21 billion, and Greece with $6.27 billion.    Based on Iraq's export partners the Iraqi dinar definitely could be worth more.  However everything is speculative until the US and Iraq give the green light to float, revalue, reinstate or increase the value of the Iraqi dinar...This could happen overnight but it is unlikely.  

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-sandy-ingram-8-april_01833617722.html

Iraqi Dinar🔥Even Bigger Announcement This Time Completely Different Toda...

Sudanese for US companies: The current stability in Iraq encourages them to engage in development projects, 13 APRIL

Sudanese for US companies: The current stability in Iraq encourages them to engage in development projects

Prime Minister Mohammed Shiaa al-Sudani called on US companies to work inside Iraq.

Al-Sudani said, the current stability in Iraq should be encouraging for American companies to engage in important development projects in the fields of energy, communications, housing, health care, education, transport and others.

He added that it is also important to fight corruption, which is the other face of terrorism, as its impact is no less destructive, and to work to ensure that the people’s money is directed towards valuable goals, and that we must also work to diversify our economy away from dependence on oil, even while we take advantage of our position as the second largest oil exporter in OPEC (in addition to our acquisition of large natural gas reserves).

Al-Sudani stated that our urgent need for American expertise and technology extends to clean energy and the green economy, as we seek to develop sustainable and renewable sectors, adding that “the strategic framework agreement laid the legal basis for these activities, and that by investing in them, we will be able to put Iraq in a position that helps it strengthen its democracy, strengthen the state, and strengthen the rule of law, which are the pillars that will allow us to restore Iraq to its historical brilliance.

https://economy-news.net/content.php?id=42383

"RV UPDATE" BY MARKZ, 13 APRIL

 MarkZ 

  [via PDK]  Iraq now has full control of its funds and one of the requirements now that it has control of its funds...to pay back the United States. It cannot do that at a rate of 1310. But it can easily do it with a value change. I believe the next 10-11 days are going to be huge.

Question:  Where will redemption
centers be?  MarkZ:  I have been told this over and over that the majority of the US - 90% of us will have a RC within 50 miles of where we live.  The only people who may have a longer  drive are those in rural areas…low populations like the Dakotas and Wyo…They will not release exact locations before the event starts for security. 

 [via PDK]   I do have one Iraqi contact that is convinced we are in a day or two. I think he may be premature…but he is convinced it is this week. He does work in the Iraqi government so he may know more than I do. I am hoping he does. But I am keeping an eye on it.

  I heard there will be more activity from Redemption banks for later this month as they are getting some last minute instructions...  They even used the term “Last minute instructions” So I take that as a very good sign.  I am hopeful we are in the last few days or weeks at worse….

  Question:    Do you think things have started?  MarkZ:   After this week I have no doubts that things have started. And are well underway. I think we are in the rollout process right now.

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-markz-11-april.html

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

Mazhar Saleh: The launch of government spending in the coming weeks will constitute 50% of the gross domestic product, 13 APRIL

Mazhar Saleh: The launch of government spending in the coming weeks will constitute 50% of the gross domestic product

} The financial and economic advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Friday, that the launch of government spending in the coming weeks will constitute 50% of the country’s gross domestic product.

Saleh told {Al-Furat News} agency, “The launch of government spending after the adoption of the federal general budget schedules for the year 2024 in the coming weeks will constitute the most important incentive in moving the joints of aggregate demand in the national economy.”

He added, “Government spending or demand constitutes approximately 50% of the country’s gross domestic product.”

From.. Raghad Dahham

https://alforatnews.iq/news/%D9%85%D8%B8%D9%87%D8%B1-%D8%B5%D8%A7%D9%84%D8%AD-%D8%A5%D8%B7%D9%84%D8%A7%D9%82-%D8%A7%D9%84%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D9%81%D9%8A-%D8%A7%D9%84%D8%A3%D8%B3%D8%A7%D8%A8%D9%8A%D8%B9-%D8%A7%D9%84%D9%82%D8%A7%D8%AF%D9%85%D8%A9-%D8%B3%D9%8A%D8%B4%D9%83%D9%84-50-%D9%85%D9%86-%D8%A7%D9%84%D9%86%D8%A7%D8%AA%D8%AC-%D8%A7%D9%84%D9%85%D8%AD%D9%84%D9%8A

"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...