DINAR REVALUATION

Thursday, May 2, 2024

🔥 Iraqi Dinar 🔥 Get $1 USD for Every 1 Dinar 🔥 News Guru Intel Update Va...

Economist reassures: Financial liquidity is available and there are no risks to the Iraqi dinar, 2 MAY

Economist reassures: Financial liquidity is available and there are no risks to the Iraqi dinar

5/1/2024 Baghdad,

Economic affairs expert Safwan Qusay confirmed that financial liquidity is available and there are no high risks regarding the existence of the Iraqi dinar.

Qusay said, in a televised interview followed by Mawazine News, that “oil revenues rose during the first three months of this year, and this is thanks to the current government’s policy and with Muhammad Shiaa Al-Sudani personally supervising this success.”
He added, “Iraq currently embraces more than 600 investment projects, including the Baghdad Metro.”

He pointed out, “Iraq has completed all its financial needs, and the rest of it needs the price of a barrel of oil to reach only $96 to cover the financial deficit.”

He pointed out that “there should be rationalization and advice in local financial consumption.” LINK

"RV UPDATE" BY FRANK26, 2 MAY

Frank26

Question: "Do you have to change rates before May 9th ascension in the WTO?" No, you can have a membership in the WTO with a low exchange rate. That doesn't interfere with it.

The budget does not need parliament...The budget waits for the exchange rate. The exchange rate is not waiting for it or anything else...The budget is born without them...

Article: "Will the agreements signed with the US Treasury reflect positively on the exchange rates?"

Yeah because they want at least 1 to 1 but they never changed it. They kept it at 1320. I think they're going to come out at maybe 1 to 1.30 or 1 to 1.50 and then float...The only reason they ask this question is because they know the answer to the question!

This good news now lest talk about BY NADER FROM MID EAST

“Hidden Hands"... An Expert Diagnoses A Strange Growth In The Profits Of Banks Owned By Non-Iraqis, 2 MAY

“Hidden Hands"... An Expert Diagnoses A Strange Growth In The Profits Of Banks Owned By Non-Iraqis

May 1 Information / Baghdad.. The economic philanthropist, Manar Al-Obaidi, on Wednesday reported a “strange growth” in the profits of banks owned by non-Iraqis, warning of “hidden hands” behind it.

Al-Obaidi said in a publication seen by “The Information” that

“the profits of banks owned by non-Iraqi parties, according to the first quarter data, show significant growth and numbers that are strange for any sector,” wondering,

“Is it normal for any project to achieve annual profits amounting to 100% of the capital while Other banks are suffering, and

is it normal for a bank whose maximum profits in previous years did not exceed the barrier of 10 billion dinars as a maximum amounting to more than 300 billion Iraqi dinars within a year?” He added,

"It was a true success story based on free competition without external interference.

Of course, we are with it, but we fear that there are hidden hands that intended to make these particular banks achieve profits without others," noting that

"one of the banks' expected net profit in 2024 will be 100%." % of its capital and the amount of cash credit granted by it does not exceed 2% of its total assets. Ended/25 hours

https://almaalomah.me/news/63210/economy/أياد-خفية-خبير-يشخص-نموا-غريبا-في-أرباح-البنوك-المملوكة-لغير

Evening News with MarkZ. 05/01/2024

Wednesday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Good Evening to all

Member: So what’s new today Mark?

MZ: Well some chatter from another different contractor that is hearing the same as the previous contractors. So, multiple confirmations that are hearing a range of rates from the mid to upper $3.s.

MZ: They work in different industry’s in different companies….and they think it will be extremely soon.

Member: Doesn’t the rate have to change by the 9th?? Iraq joining WTO

Member: We all hope and pray they do.

Member: Mark has Iraq checked all the boxes needed for RV?

MZ: That is the question? Is there an opportune time for them to pull this thing?

Member: Mark, Would that $3.90 rate include the “oil for dinar” contract rate? Is that still on the table for us?

MZ: I am told no- that would not be our contract rate…that would be the street rate. ..and yes I am told the contract rate is still very much a thing and expected to be more than the street rate. .

Member: I would absolutely take the street rate if it was right now.

MZ: I’m with you.

Member: Are the bonds being paid out in the new dollar? If that’s true then shouldn’t CMKM start to be paid out since 30 plus percent has been paid out by now????

MZ: No new news from bond people today.

Member: I drove by a chase location this morning and saw a security guard holding the door for a lady leaving but then looked like he was staying posted at the door.

Member: I heard Banks must comply with basel 3 by May 2nd. (tomorrow). More banks’ failure coming.

MZ: “ Republic’s first seizure signals more bank failures to come” They have already told us more banks will fail. The FDIC is going to be hard pressed to bail everybody out.

Member: Went to my Bank today. They are excited about the new Currency

Member: Would love to see what they look like.

Member: (From Dinar Guru) Mnt Goat …What will May bring us investors? I have to tell you that April’s news was amazing and I don’t know how the news can top last month except maybe give us what we are looking for. Am I saying its going to RV in May? Of course not…no one knows the date of this event…Does it seem that we are very close? Yes, it seems this is just around the bend and the finish line is in our sights. …there is a huge glimmer of hope we could see the RV very soon.

MZ: That’s a great one from Mountain Goat. I am glad you shared it. We just need to hang on until we cross the finish line.

Member: If I’m out of the country for the RV and have a few IQD on me- will I be able to exchange those to get back?

MZ: Absolutely

Member: We so very, very, very, VERY much appreciate all you do for us. Mark

Member: Thanks to all. Everyone enjoy your evening.

CBD Guru’s join the stream tonight. Please listen to the replay for their information.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY