Saturday, May 4, 2024

"RV UPDATEBY PAULETTE, 5 MAY

  Paulette 

 Article:  "Specialist: Floating the dinar is economic suicide"   As Saleh was stating but only stronger wording.

 Article:  "Al-Ardawi: The Sudanese government seeks to liberalize the Iraqi dinar and stabilize the economy"  Quote: "The visit comes in a very heated situation and everyone is awaiting its outcomes, and the Sudanese carries...ideas and projects that move towards consolidating the relationship with the American side and transferring it from the process of guardianship to friendship...In a way that allows Iraq to assume its pivotal role in the region."   As I have been stating...Iraq needs the US Guardianship to end!! (UN 1483)

Article quote:  "Two Iraqi and American sources said that Prime Minister Muhammad Shiaa Al-Sudani will spend a week in the United States, including discussions with President Joe Biden, and a tour of 3 states."  Will one State be Florida????  Mar-a-Lago???

IMO UN resolution 1483 will have to be lifted to allow Iraq to be totally sovereign as it established the US and UK as "occupying forces"...This is in essence "Guardianship" or "Receivership"...Absent the lifting, the US has to give Iraq permission to do most anything Internationally including "currency reinstatement"...I am hopeful that internal control of the money structure is exclusively in the hands of the CBI so they can at least move to the RD/RV stage of their monetary reform... If not, the upcoming US visit of Sudani may very well be pivotal... Saleh...recently stated he was unsure of the status of 1483 according to news articles...

This is clearly what the article said... They are weighing changing the rate from 1,320 dinars per dollar to 1.32 dinars per dollar.  This is clearly 76 cents to 1 IQD...Currently the rate is 1,320 IQD to 1 USD.   Looking it at the other way, this is 0.0007575 USD to 1 IQD.  If they drop 1 zero from the exchange rate: 132.0 IQD to 1 USD or 0.007575 USD to 1 IQD.  If they drop 2 zeros:  13.2 IQD to 1 USD or 0.07575 USD to 1 IQD.  If they drop 3 zeros:  1.32 IQD to 1 USD or .7575 USD to 1 IQD.  Therefore, 1.32 IQD to 1 USD is 76 cents to each IQD

...What we want to see posted on the CBI website as to how many IQD are required to purchase 1 USD is 1.00 or less.  If they post 3.22 IQD to 1 USD, this would mean 31 cents per 1 IQD. 

 We want them to post .31 IQD to 1 USD which is then 3.22 USD to 1 IQD.  Realize, they post how many IQD it takes to purchase 1 of another currency.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-paulette-14-march.html

  Community Comment:  "...The rate doesn't matter but "freedom of movement of capital" is important.  That is Article 8 compliance. They cannot be Article 8 compliant if the country is functioning under a MCP.  A MCP [Multiple Currency Practices] includes a parallel rate of greater than 2% of the official rate by IMF definition.  Saleh said last year that the parallel rate is "REQUIRED" to be 2% or less of the official rate...This 2% or less needs to be maintained for a period of 90 days.  The parallel rate is still around 14% difference. 

 Question:  "I thought they met all the requirements [to join the WTO]?"  All the articles say they have legislation that needs to be passed and the next meeting is in the "middle of the year.

Question:  "When is Iraq supposed to be in the WTO?"  Not before they pass needed legislation, eliminate the MCP [Multiple Currency Practices] and are recognized as having accepted IMF Article 8 obligations.  Accession Committee next meeting with Iraq is planned for the "middle of the year".

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-paulette-11-march.html

🔥 Iraqi Dinar 🔥 That's Big! That's Big! 🔥 News Guru Intel Update Value ...

🔥 Iraqi Dinar 🔥 Float Exchange Rate Fixed 🔥 News Guru Intel Update Value...

Revealing the latest updates on the change in the exchange rate and barrel of oil in the budget of 2024, 4 MAY

 Revealing the latest updates on the change in the exchange rate and barrel of oil in the budget of 2024, 4 MAY

Mawazine News – Baghdad
Deputy Chairman of the Parliamentary Planning Committee, Mohammed Karim, confirmed today, Thursday, that this year’s budget will proceed after completing the changes in its schedules for the allocations of provincial and ministries projects only.
“The exchange rate of the dollar, the barrel of oil and the quantity exported will remain the same as confirmed by last year’s budget,” Karim told Mawazine News.

He pointed out that “the tripartite budget approved by the Sudanese government and approved by the House of Representatives allowed the government to make changes and amendments imposed by the impact after the parliament vote.
He pointed out that “changes to the schedules will include the projects of ministries and governorates in accordance with the requirements of the government program.” 

https://www.mawazin.net/Details.aspx?jimare=247191


"RV UPDATE" BY WALKINGSTICK, 4 MAY

  Walkingstick 

 Question: "What's the next major step that has to happen?"

  We're looking for Sudani to make an announcement...They're going to come out and talk to them.  It'll happen pretty much at the same time.  It is leading up to that event.

 [Iraqi Bank owner colleague #1]   
 The results from the meeting #1 was having with the CBI these last few weeks all of that information is now coming to the citizens 'to be revealed'.  That's happening right now...a massive campaign of education to the citizens.  This phase is talking to the citizens. 


[Iraqi Bank owner colleague #1]

   The results from the meeting #1 was having with the CBI these last few weeks all of that information is now coming to the citizens 'to be revealed'.  That's happening right now...a massive campaign of education to the citizens.  This phase is talking to the citizens. 

The new exchange rate is determined by the CBI on behalf of the GOI...  

------- 

Question: "Will Aki  

[Walkingstick's Iraqi Bank owner here in the US] 

exchange dinars for US citizens at his bank?"

  Yes!  That's the whole purpose.

FRANK26: SAYS

  Walking Stick was on the phone with Frank during the subway. The head of Walking Sticks, who owns banks and ATMs in Iraq and Jordan, and his friend who runs his bank in Dearborn, Michigan, are at this big meeting at the CBI, with the 964-person delegation that was in D.C. Everyone is in this meeting. 

It is the Arab Monetary Fund, the International Monetary Fund, the World Bank, all the companies and investors who have contracts are saying these words, about lower banknotes and a new exchange rate. Everyone knows that the exchange rate is about to change. Eddie said on television saying The budget will come to Parliament next week. Walking Stick and Frank believe that the exchange rate will rise and force parliament to hold an emergency session. Then Parliament would have to vote. There is too great a possibility of insider trading (parliament are criminals). Walking Stick says Sudani wants this now. Promises must be kept. Do you remember that they audited the banks? Maliki's State of Law Party tried to raise $600

Millions of dollars. The entire party is being shut down by the IMF, the FMA and the CBI. They were funneling funds to Iran across the border into Iran for their own enrichment. They and the private banks were closed. That's why they think that with all the corruption, they will have to announce the new exchange rate and the parliament will hold an emergency vote (after the exchange rate change). The CBI determines the exchange rate.

  Sudani and CBI are working together. Those sanctions were lifted in time for a

  Change of fee. Everyone at those meetings will be on stage with Sudani, including the two friends from Walking Sticks. Walking Stick says Sudani will make the presentation, and this will happen after that. Sudani wants it now, everyone is there waiting. It shouldn't take long.

  -All credit to Frank and his team!

TRANSLATE SPANISH

Miércoles 24 Abril 2024

FRANK26 : DICE
Walking Stick estaba hablando por teléfono con Frank durante el metro. El jefe de Walking Sticks, propietario de bancos y cajeros automáticos en Irak y Jordania, y su amigo que dirige su banco en Dearborn, Michigan, están en esta gran reunión en el CBI, con la delegación de 964 personas que estaba en D.C. Todos están en esta reunión.  

Es el Fondo Monetario Árabe, el Fondo Monetario Internacional, el Banco Mundial, todas las empresas e inversores que tienen contratos están diciendo estas palabras, sobre billetes más bajos y un nuevo tipo de cambio. Todos saben que el tipo de cambio está a punto de cambiar. Eddie dijo en la televisión diciendo El presupuesto llegará al Parlamento la próxima semana. Walking Stick y Frank creen que el tipo de cambio aumentará y obligará al parlamento a celebrar una sesión de emergencia. Luego El Parlamento tendría que votar. Existe una posibilidad demasiado grande de uso de información privilegiada (el parlamento son delincuentes). Walking Stick dice que Sudani quiere esto ahora. Las promesas deben cumplirse. ¿Recuerdan que auditaron los bancos? El Partido Estado de Derecho de Maliki intentó recaudar 600 dólares

Millones de dólares. Todo el partido está siendo cerrado por el FMI, el FMA y el CBI. Estaban canalizando fondos a Irán a través de la frontera hacia Irán para su propio enriquecimiento. Ellos y los bancos privados fueron cerrados. Por eso piensan que con toda la corrupción, tendrán que anunciar el nuevo tipo de cambio y el parlamento realizará una votación de emergencia (después del cambio de tipo de cambio). El CBI determina el tipo de cambio. 

Sudani y CBI están trabajando juntos. Esas sanciones se levantaron a tiempo para una
Cambio de tarifa. Todas las personas en esas reuniones estarán en el escenario con Sudani, incluidos los dos amigos de Walking Sticks. Walking Stick dice que Sudani hará la presentación, y esto sucederá después de eso. Sudani lo quiere ahora, todos están ahí esperando. No debería pasar mucho tiempo.

Iraqi Dinar Guru News Highlights (5/3/24)

In the document.. Barzani informs the Sudanese with the participation of the Iraqi Trade Bank to localize the salaries of the Kurdistan region, 4 MAY

In the document.. Barzani informs the Sudanese with the participation of the Iraqi Trade Bank to localize the salaries of the Kurdistan region

The fourth – Baghdad

The President of the Kurdistan Regional Government, Masrour Barzani, informed Prime Minister Mohammed Shiaa Al-Sudani, in agreement with the Iraqi Trade Bank, to participate in the settlement of the salaries of the Kurdistan Region, as a government bank.

https://alrabiaa.tv/article/85842/85842-بالوثيقة..-بارزاني-يبلغ-السوداني-بمشاركة-المصرف-العراقي-للتجارة-بتوطين-رواتب-إقليم-كردستان


TIDBIT FROM FRANK26, 24 NOV

    Frank26      Question:  " Will the rate change prior to [December] 31st IYO? "    It is my hope, it is my desire but if you sh...