DINAR REVALUATION

Sunday, June 16, 2024

Iraqi Dinar Exchange Window Revealed 30 to 90 Days After RV

Saturday, June 15, 2024

The state of law talks about the possibility of changing the candidates for the presidency of Parliament, 16 JUNE

The state of law talks about the possibility of changing the candidates for the presidency of Parliament

The possibility of changing the candidates for the presidency of Parliament was confirmed today, Friday, by Haider Al-Lami, the leader of the State of Law coalition.

“The Shiites and Kurds asked the Sunnis to agree on one candidate for the presidency of the House of Representatives,” Al-Lami stated.

He characterized the session of the House of Representatives in which votes were cast on candidates for the House presidency as a “farce.”

“The alignments that created the presidential crisis were the reason for the continuation of the struggle over this position,” he explained, noting that “The situation remaining as it is will leave Parliament without a president until the end of the current parliamentary session.”

"RV UPDATE" BY MARKZ, 16 JUNE

MarkZ

[via PDK] Question: I saw that Iraq has holidays coming up. Would this slow them down releasing the rates? MarkZ: Everytime we have looked in the past we saw Kuwait revalued during Ramadan…. Iraq revalued in the early 70’s during a holiday. I wouldn’t be too worried about those things.

... Sudani told us that everything is now in the hands of the CBI…he was talking to Alaq at that time… so it’s the CBI ‘s job to change the rate.

“After returning it for the purpose of auditing –The Iraqi Gazette addressed parliament to send budget tables”

So they are expected to release it to the papers this week …There are a lot of people who believe we will see a rate when they do that. I do have a couple contacts in Iraq that believe we will see it then…They expect it to be published Saturday in the Gazette…I hope they are accurate.

Question: Is watching the HCLimplementation a good indicator?

It’s a very good indicator. I was told since very early in this process that this was a key indicator…along with the inversion in the bond markets which we have seen.

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-markz-14-june.html

Iraqi dinar latest News ✅ iraqi dinar Latest exchange rate / iqd / iraqi...

Where are its oil and revenues?”.. Representative Mustafa Sanad: The Al-Kawair refinery fire is a “scandal” for the Baghdad government, 16 JUNE

Where are its oil and revenues?”.. Representative Mustafa Sanad: The Al-Kawair refinery fire is a “scandal” for the Baghdad government

Delegate Mustafa Jabbar Sanad considered, today, Saturday, that the fire at the Al-Kuwayr petroleum treatment facility out and about among Erbil and Kuwayr is a “embarrassment” for the Iraqi government, which didn’t pause and uncover how these processing plants work without giving over their oil and incomes to the state depository.

Sanad told ” Jarida “, “The fire that happened in a few processing plants in Erbil is an outrage for the Iraqi government, which deliberately ignored crafted by these treatment facilities without giving over any oil or non-oil incomes, taking note of that the financial plan specified that on the off chance that oil isn’t sent out, it will get ready nearby utilization, however Baghdad got nothing from the district.”

He went on to say, “Therefore, it should have been taken into consideration, but this issue was not given any attention.” This is dishonorable and weird way of behaving, very much like the oil that is carried out of Iraq with the information on the Iraqi government. However, at the same time, the northern refineries in Kirkuk and Baiji, as well as the central and southern refineries, are subject to hefty taxes from the Iraqi government. It wants these businesses’ liquidity.

“The federal government and the regional government are responsible for every waste of public money and the failure to deliver oil revenues, derivatives, and black oil to the state treasury,” Sanad said at the conclusion of his speech.

'THE PROJECT TO DELETE THE ZEROS STILL EXISTS" BY FIREFY, 15 JUNE

Frank26

[Iraq boots-on-the-ground report]

FIREFLY: My bank friend...reminded me...remember back in February of this year when Alaq came out and he talked to us on television and he said, Iraqi citizens the project to delete the zeros still exists. He didn't say the plan is to LOP our currency. They are two totally different things. We are deleting zeros and adding value.

FRANK: I love this because it's coming from the horse's mouth, a man of authority who knows what he's talking about...

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FIREFLY: They told us...due to typo errors in the printing of the budget it will be reaudited and sent back to gazette...after EID holiday...All sound little fishy to us...An Iranian proxy saying budget is under appeal but we see nothing official of that...We trust it is going to be in gazette after EID holiday...

FRANK: They know what you are about to receive - your purchasing power. They know it's going to be extremely difficult for them to steal this value, this currency, so in the last nanosecond, just before Sudani and Alaq present the new exchange rate and the lower notes to you they do everything possible to prevent you from receiving your blessing...

https://dinarevaluation.blogspot.com/2024/06/iraq-boots-on-ground-report-by-firefly_0922640454.html