DINAR REVALUATION

Monday, April 22, 2024

Soudani banks Iqd BY NADER FROM MID EAST

Sudanese: We have reached satisfactory solutions with the US Treasury to address the situation of the banks, 22 APRIL

Economy News – Baghdad

Prime Minister Mohamed Shiaa Al-Sudani announced on Saturday that a satisfactory agreement was reached with the US side on banks deprived of dealing in the dollar currency.

Al-Sudani said in a press conference, seen by “Economy News”, that “the Iraqi delegation held important meetings with the US Treasury, with which the Iraqi government and the Central Bank are working, to reform the financial banking sector in Iraq and address the observations that have occurred in this sector in the time of previous governments.”

He added that “the delegation reached satisfactory solutions, addressing the situation of banks deprived of dealing in dollars through the formation of committees to audit the observations indicated on these banks,” noting that “if the observations are material, the deprivation procedures continue, even if the observations can be processed and reforms can be carried out within these banks under the supervision of the Central Bank, to be addressed in dollars to be dealt with in the future.”

Al-Sudani stressed that “the impression of the US Treasury was positive on the performance of Iraqi financial institutions, whether it is the central bank or the government banking sector and was at the peak of optimism, given the reforms achieved during a short period of the life of this government.”

He pointed out that “80% of financial transactions and transfers are carried out today in accordance with international standards, with the US Treasury certificate,” noting that “the government will continue to reform the financial and banking sector, which is a basic gateway to create economic development and real reforms.”

https://economy-news.net/content.php?id=42639

"RV UPDATE" BY NADER FROM MID EAST, 22 APRIL

Nader From The Mid East

Sudani just got back home. Let's see what decision he's going to make. Let's see what he's going to say about his visit to United States. Let's see if they give him full control of the government and the banks and all that stuff...I'm waiting for him on Monday come out and say, 'Okay, we have control of everything, the coalition is going to go out soon. It's leaving soon. We control our banks. We have no more punishments.' From then we see.

I believe it's going to happen. I believe it's going to change. I believe it's going to change, happen when it's ready to happen. That's it. When you see the coalition leave...the government of Iraq sovereign and nobody control it and when you see a new dinar that's when the exchange rate will change. Simple as that.

In 2001 they declare war with Iraq...There is a difference between ceasefire and the war is finished. For now it's ceasefire.

No one declared the end of the war in Iraq. You see the coalition forces still there. You see the army. Maybe not a lot but they're still there. For Iraq to be free everybody have to get out of there. Any decisions Iraq made, anything Iraq do or does the United States...have to say yes you can do it or not...The war didn't end. That's why you see Sudani coming out in the 15th of this month coming up to talk about the coalition to get out of Iraq.

Article quote: "The Iraqi government and the Central Bank are dissatisfied with the nature of the US treasury's dealings with Iraqi banks...There is an effort to lift the sanctions..." (adsbygoogle = window.adsbygoogle || []).push({}); They need to take off the sanctions of Iraq IQD.

A lot of good news come out yesterday and I'm very happy...You know what? I'm excited. I'm very excited what's happening.

Article: "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years... "

Very good news, IQD decreasing. Wow.

The RV will not happen if no one declares the end of the war...we still on war. In December 2021 they took troops out... but they never declared the end of the war...and they never took out the international coalition.

For everything to happen they have to declare the end of the war. The international coalition have to be out of there. The soldiers of United States have to be out of there. Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-nader-from-mid-east-27-feb.html

FRANK26…4-21-24……ALAK TALKS

Will you turn into reality? A political vision about the Sudanese visit to Washington, 22 APRIL

Will you turn into reality? A political vision about the Sudanese visit to Washington

Political analyst Haider Al-Barzanji believes that the results of Prime Minister Mohammed Shiaa Al-Sudani’s visit to Washington will turn into a reality on the ground.

Al-Barzanji said {Euphrates News} that: “The visit of the Sudanese did not come from a vacuum, but came after planning and a prior study to move to another stage of relations and going to major companies and revitalizing the Iraqi economy.”
He added, “The visit of Sudan came to activate the framework signed with the United States, and Iraq is committed to the terms of the agreement and the American side committed itself to that and there is seriousness to activate it.”
“The results of Al-Sudani’s visit will turn into a reality on the ground and can be implemented as soon as possible,” Al-Barzanji continued.
“Iraq today in its quiet policy wants to give a different impression and identity and it is pure and cannot be treated within an axis of other files,” he said.
“The United States of America today is the one who touched on Iraq’s door to organize relations with neighboring countries,” Al-Barzanji said.

Wafaa Al-Fatlawi

https://alforatnews.iq/news/هل-ستتحول-لواقع-ملموس؟-رؤية-سياسية-حول-زيارة-السوداني-الى-واشنطن

"RV UPDATE" BY MNT GOAT, 22 APRIL

Mnt Goat

Remember...the Oil and Gas law looms in the background and will surface again soon. Also after this visit to Washington I fully expect the announcement of Iraq’s full accession to the WTO to pop out shortly. Oh…it’s all so good!

The news just keeps getting better and better. ...my CBI contact again confirmed to me that this meeting of Iraq with the Whitehouse had to take place and could be seen as a healing meeting between the two countries. One issue was of course the status of leaving or the pullout of US forces. This issue is clear, as the US forces do not plan to leave Iraq again and destabilize the middle east, especially in these turbulent times...don’t worry it is not going to happen any time soon as long-term plans are being negotiated to give Iraq what it wants and give the US what it wants...

I was told by my CBI contact that the currency swap out will happen as they will not hide this event and must inform the citizens (education process...). Yes, they also have to explain the exchange swap-out process and how it will work along with descriptions of the newer lower denominations.

The CBI will then post those pictures of the lower denominations my contact told me were taken weeks ago. So, just wait and watch it all play out...You should be excited...with FACTUAL knowledge...

Article: "IRAQ’S FINANCIAL REVENUES EXCEED 11 TRILLION DINARS (about 11 Billion US Dollars) WITHIN A MONTH" Yes, even in a “rentier” oil economy the Iraqi dinar can still maintain a realistic rate of at least $3 or more...

https://dinarevaluation.blogspot.com/2024/04/rv-update-by-mnt-goat-17-april_01224696882.html