DINAR REVALUATION

Sunday, May 5, 2024

Vietnam Dong 🔥Vietnam Dong rate update massive increase against USD

Al-Hakim To Plasschaert: The Current State Of Stability In Iraq Must Be Exploited, 6 MAY

Al-Hakim To Plasschaert: The Current State Of Stability In Iraq Must Be Exploited

Political | - 05/05/2024 Mawazine News – Baghdad The head of the Al-Hikma Movement, Ammar Al-Hakim, stressed today, Sunday, the necessity of investing in the current state of stability in Iraq, while noting that the country is proposing development projects throughout the region and seeks to engage common interests.

Al-Hakim said in a statement received by Mawazine News, “Today we received the representative of the Secretary-General of the United Nations in Iraq, Jeanine Plasschaert, near the end of her mission in Baghdad, where we praised the efforts of the United Nations organization in the past stage, and made clear that the current state of stability that the country is witnessing must be invested in a manner that "It enhances the interests of Iraq and the interests of its partners in the region."

He added, "The world has begun to change in its approach to the Iraqi issue, and we said that the previous reading was disturbing stability in the region, while the current reading is that the security of the region is the security of Iraq," calling for "reading history and standing at its decisive points."

He stressed, "Iraq proposes development projects for the entire region and seeks to intertwine interests and transform conflict into networking, cooperation and collaboration," pointing out that "the path of development is the best witness to Iraq's development vision for itself and for the region." https://www.mawazin.net/Details.aspx?jimare=247352

"RV UPDATE" BY MARKZ, 6 MAY

MarkZ

[via PDK]

Article: “Kuwaiti Dinar to US Dollar-Top 10 highest valued currencies in the world in 2024”

This article was in the Indian Express. And the Iraqi dinar used to have that number one spot. Comment: I would expect Iraq to be worth more that Kuwait. MarkZ: Absolutely. And when Iraq was the most valuable currency in the world they had not yet developed their natural gas reserves…and were not pumping nearly as much oil as they are now. Every part of Iraq is now in better shape than when they had the most valuable currency in the world.

“National bank of Iraq uses Temenos for core banking and payments”

They have put into effect a well used banking AP from around the world. And they have gone digital at a record pace in their banking system. We were told this was necessary so they could pull the trigger - BAM. They want us to know they have updated their banking system. This is important to the process and here we see that it is done!

🔥 Iraqi Dinar 🔥 BAM Pulled the Trigger 🔥 News Guru Intel Update Value IQ...

A New Decline In The Exchange Rate.. The Dinar Slaps The Dollar, 6 MAY

A New Decline In The Exchange Rate.. The Dinar Slaps The Dollar

Economy | 05/05/2024 Mawazine News – Baghdad The prices of the US dollar closed lower against the Iraqi dinar, today, Sunday, in Baghdad.

Dollar prices recorded a decline with the closure of the main Kifah and Harthiya stock exchanges in Baghdad, recording 145,250 Iraqi dinars per 100 dollars, while dollar prices this morning recorded 145,650 Iraqi dinars per 100 dollars.

Selling prices in the field of banking in the local markets in Baghdad decreased, as the selling price reached 146,250 Iraqi dinars per 100 dollars, while the purchase price reached 144,250 Iraqi dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=247372

"RV UPDATE" BY FRANK26, 6 MAY

Frank26

When the float starts all heck is going to break loose because the value of your currency will literally climb on a daily basis until the CBI feels they have reached the real effective exchange rate...We believe they will start at $1.30 to $1.50 IMO and the cap it somewhere between $3.86 and $4.25.

Article: "Specialist: Floating the dinar is economic suicide "

Economists are saying to the Iraqi citizens that a flotation is detrimental whereas the CBI Saleh, the advisor, the Financial Ministers, all these people are saying the complete opposite, 'we're about to float...why do you think we have all this stuff set up? Why are we following international laws? Why do you think we're article VIII? Why do you think we're going to be WTO is 7 more days?' Floating the dinar is suicidal? No it's suicidal for you.