"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 5 MAY

  Frank26  

 [Iraq boots-on-the-ground report]  

 FIREFLY:  Saleh is on television and he says it's time to float the dinar and get rid of the parallel market.  

FRANK:  Well thank you Saleh! ...Sudani says get out there and clean this [we're not going to float] mess up...Of course we're going to float. 

 FIREFLY:  He says we have 10x the amount to support a new rate.  

FRANK:  This is the man Sudani sent to you...He's telling these economists ...don't understand the agreement the CBI made with the US Treasury concerning the new exchange rate or they are being paid by you know who to put out false information.

   FIREFLY:  The completion of the Investment Law is on television. 

  FRANK:  That's big!  That's Big! ...This is really good news.

 FIREFLY:  Saleh is on the television right now...saying that the parallel market is almost at the official exchange rate and that is the rate they're seeking.  He calls on a floatation of the dinar saying to us this will get the rate where it needs to be. 

 FRANK:  Oh my goodness it doesn't get any better than that...This is a deeper explanation to you Iraqi citizens on the next steps of the monetary reform the CBI is accomplishing with you.

  All of this was the result of the agreement from the CBI meeting at the US Treasury...

FIREFLY: Some guy on television talking about advantages that we as Iraqi citizens are going to have with a fixed exchange rate pegged to a stronger currency.  He says Iraq now has a soft peg and...the float is not necessarily as a fixed rate... 

FRANK:  The monetary reform education is explaining the reason why you don't need a basket...They are also expressing you don't need a float.  That's because your reserves are so powerful...But IMO the float will occur because it needs to reach the real effective exchange rate of your currency on an International level.  

They are also trying to explain to you you do not need to be pegged to any currency, not even the dollar.

 FIREFLY: Saleh is saying the start of implementation of the government and banking reforms has started. 

 FRANK: Woohoo! ...The new exchange rate is the pivotal role they are about to give them...   

https://dinarevaluation.blogspot.com/2024/05/iraq-boots-on-ground-report-by-firefly_0968153815.html

PM's Advisor Saleh on TV🚩Wow! New Rate is Coming!?🤔Iraq Dinar RV Updates...

"FINANCIAL INCLUSION WEEK MONETARY REFORM EDUCATION TO THE CITIZENS" BY FRANK26, 5 MAY

KTFA

FRANK26: "FINANCIAL INCLUSION WEEK MONETARY REFORM EDUCATION TO THE CITIZENS"

In Financial Inclusion Week, Al-Rafidain encourages the use of electronic payment in citizens’ transactions

 

5/3/2024

  

 Rafidain Bank participated in the activities of the Financial Inclusion Week, in the presence of a wide range of financial and banking institutions.
 

During the participation of its special pavilion in commercial centers, gatherings and other places, the bank reviewed its services and products, including opening bank accounts, adopting electronic payment and collection, encouraging the use of electronic cards to reduce cash transactions, and introducing the importance of citizens saving their money in the bank instead of hoarding it at home. 
In addition to the presence of a specialized team to answer citizens’ inquiries about other services.

Participation aims to educate the public about the importance of financial inclusion and the spread of banking culture to the furthest reaches of the country to include all segments of society. 

LINK

"RV UPDATE" BY FRANK26, 5 MAY

 Frank26 

 Question "Will the CBI website be down for hours when they change the rate?"  No when they change  the rate it'll be a push of a button electronically.  Instantly the world will know about it. And it will be global news.     

 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!

https://dinarevaluation.blogspot.com/2024/05/rv-update-by-frank26-2-may.html

Iraqi Dinar | Wow Its Massive We Are Very Close To Rv Hold Your IQD | Di...

Five countries, including Iraq, own over 1000 tons of gold, 5 MAY

 Five countries, including Iraq, own over 1000 tons of gold, 5 MAY

Shafaq News/ On Saturday, the World Gold Council (WGC) announced that Iraq and four other Arab countries possess more than a thousand tons of global gold reserves.

In its latest data for May, the Council stated that "the top five countries: Saudi Arabia, Lebanon, Algeria, Libya, and Iraq, own 1,726 tons."

"Iraq has maintained its 30th global ranking out of 100 countries with the largest gold reserve, as it has not purchased gold since May 2023, with its gold holdings reaching 142.6 tons, representing 9.3% of the total reserves."

WGC also pointed out that "the United States holds the largest gold reserves in the world with 8,133.5 thousand tons, followed by Germany with 3,352.6 thousand tons, Italy with 2,451.8 thousand tons, and Suriname ranks last with 1.2 thousand tons."

"RV UPDATE" BY MARKZ, 5 MAY

 MarkZ  

 [via PDK] 

 I think there is an excellent shot we will be done by the 9th... Comment: I hear tomorrow will be. a BIG day.  MarkZ:  I know a lot of people are expecting it on Sun or Mon… I don’t know if it will be tomorrow or not, but there is a tremendous amount of chatter ..

.I am not hearing anything negative…everything is positive...All my contacts in Iraq are saying the trigger is now with the CBI and they are going to pull it soon. They are informing people …they are educating people and telling Iraqi citizens to be prepared for a change in value...

 ...they have started paying their retirees and disabled, welfare etc…they finally have money moving where it is supposed to on all those fronts. And all the progress they have made getting CBI salaries to people. They are completing everything they need for world trade and ascension, and all the settlements they have made to get out of chapter 8 after the invasion of Kuwait.  Phenomenal progress has been made... Progress over the last 16 months has been stunning.