DINAR REVALUATION

Wednesday, May 1, 2024

Whatever you hear, the budget have to be approved by the permit of Iraq Iqd BY NADER FROM MID EAST

"RV UPDATE" BY NADER FROM MID EAST, 1 JUNE

Nader From The Mid East

Iraq wanted to de-dollarize. They start de-dollarizing in January but it didn't work for them too much.

The government didn't expect that to happen even by telling them that the dinar are stronger...use the dinar instead of the dollar for the benefits of the country. They tried everything. Now, they said that plan didn't work so they come out to the new white paper...They realized they cannot do nothing without changing the exchange rate.

They're going to have to go down in the exchange rate for the de-dollarization...They're going to have to change their exchange rate...Between now and 8th of July we should have an answer...

what they going to do? Are they going to change the exchange rate...keep it the same...go up...go down?

I think they're going to have to go down on the exchange rate a lot for them to take off the dollar from the street.

Evening News with MarkZ and Militia Man. 04/30/2024

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Does the Strategic Framework Agreement hold the key to a better exchange...BY PIMPY

The government hires an external auditor for the Trade Bank of Iraq, 1 MAY

The government hires an external auditor for the Trade Bank of Iraq

Mawazine News – Baghdad
The Council of Ministers announced, today, Tuesday, the approval of contracting with an external auditor for the Trade Bank of Iraq; For the purpose of auditing the bank accounts.
A statement from the Prime Minister’s Media Office received by Mawazine News stated, “Within the framework of financial and administrative reform decisions, and what is related to reforming the banking sector, the Council approved, according to the statement, what was recorded in the letter of the Prime Minister’s Office on April 3, 2024, regarding contracting with an auditor.” External to the Iraqi Trade Bank, for the purpose of auditing the bank’s accounts, as the bank deals with a network of reputable international banks.”
Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani chaired the eighteenth regular session of the Council of Ministers.

https://mawazin.net/Details.aspx?jimare=247070

"RV UPDATE" BY MILITIAMAN, 1 MAY

Militia Man

Quote on X [Formally Twitter] There's some information out there today that says the Central Bank of Iraq's governor has advised citizens to get ready for a currency exchange..

.Whether it's true or not we're going to find out...The reason why I bring it up is because that kind of to be expected, they're having financial inclusion...they're talking about that.

Article: "We will see the dollar decline in the black market soon...the central bank's credit rating [from the World Bank] is an A++ and exceeded the United Arab Emirates..."

That's the prime minister's advisor talking...That's phenomenal. It's big. It says a lot. It says they have trust. It says Iraq has the ability to pay back their bills.