"RV UPDATE" BY MILITIAMAN, 16 JUNE

 Militia Man 

  If they have a real effective exchange rate like al-Sudani said, that the dinar is going to be stronger than the dollar, the parallel market goes away...Obviously the stronger the currency is the cheaper it is for Iraq to do what they need to do.  It's a no-brainer.  It's that simple.

The black market is going to exist if the United States dollar is less than the Iraqi dinar...There's not much demand for the dollar now...They've got it under control.  Is it showtime? I sure hope so.

 I don't care if you've been in this for 20 years.  What we're seeing now is completely different.  It's a progression.  Some people don't like the progression.  They just want it to be over and done. Welcome to the club.

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You kind of need the IMF article VIII compliance and that's what we're waiting for which is a real effective exchange rate.  I think these guys are about ready to expose that.  I think al-Sudani...Alaq from the Central Bank of Iraq all of them have this in their eyes to see this come to fruition and very quickly...

Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up.  

They're going..FOR READ MORE:

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-militiaman-10-june.html

Anybody going with Sudani is going against the mafias and going against those that are going to have their dollar auctions dry up.  
They're going to have lots of different little things happen to them that are going to be painful.   Anybody that's holding the dollar when they change the exchange rate...those exchange companies, 197 banks that got tagged by the central bank...
they're going to have a painful experience because if you're no...FOR READ MORE:https://dinarevaluation.blogspot.com/2024/06/rv-update-by-militiaman-10-june.html

----https://dinarevaluation.blogspot.com/2024/06/summary-of-militiaman-13-june.html

PIMPY: Pimpy and the Dinar Wolverine 06/15/24

"SUDANI PROTECTS THE MONETARY REFORM!!!" BY FRANK26, 16 JUNE

 KTFA

FRANK26: "SUDANI PROTECTS THE MONETARY REFORM!!!"...........F26

Revealing the embezzlement and waste of 200 million dinars of public money in an Iraqi governorate

6/14/2024

The Federal Integrity Commission revealed, on Friday, that an arrest warrant had been issued against a former official in the Samawah Municipality Directorate. For embezzling nearly two hundred million dinars of public money, in addition to issuing an order to bring in two officials in the directorate.

The Government Information and Communications Office indicated in a statement today that the work team consisting of the staff of the Authority’s investigation office in Muthanna, which moved on (6/12/2024) to the Samawah Municipality Directorate, revealed, after investigation, auditing and review work, the existence of financial violations and cases of embezzlement of money. This year, it was carried out by the former municipal collection official, explaining that he cut off the collection receipts for the real amounts owed by the citizens and collected from them, and tampered with the second copy of the “carbonated” receipt by registering it with amounts that were less than the real amounts actually deducted.

The office continued that the accused was paying the smaller amount to the directorate’s fund. Based on the “carbonated” copies that he tampered with, explaining that the audit work concluded that as a result of tampering with the receipts and distorting the amounts and their dates; In order to overcome the payment delay period, an amount of (198,920,467) one hundred and ninety-eight million dinars of public money was wasted.

He continued that the judge of the Integrity Investigation Court in Muthanna issued an arrest and investigation order against the accused, the former collection official in the Samawah Municipality, in addition to bringing in the accounts, control and internal audit officials there, based on the provisions of Article (315) of the Penal Code.

LINK

 

"RV UPDATE" BY MIKE BARA, 16 JUNE

 💢 Update from Mike Bara 6.15.24 

💢Mike: OK, I hate to be the Bara of bad tidings, but I just got info from "The Bondholder" — who is not a bond holder but a bond broker waiting to be paid commissions by the US government for bringing in historic bonds — to the effect that he won't be paid until Tuesday. 

We were hoping he'd been paid already. This would clear the way for Tier 4B, us, to be paid out.

 We were all hoping and waiting for some announcement or notifications this weekend.

 That can still happen, but IMO we don't get paid until after guys like him get paid. So we wait... and hope.

PIMPY: Vietnam Dong update for 06/15/24 - Vietnam preparing for dollar decline ...

Central Bank of Iraq sales exceed $1 billion in a week, 16 JUNE

Central Bank of Iraq sales exceed $1 billion in a week

 The total sales of the Central Bank of Iraq from the hard currency of the US dollar with which the auction opened last week amounted to more than $1 billion.

Last week, the Central Bank sold 1 billion, $378 million, $407 billion and for the auction for the 5 days, 758 million, and $877 million, and $81, up from last week, which was $1 billion, 115 million,99,000, and $967.

The highest dollar sales were for Wednesday, with sales of 280 million and 112 thousand, and $188, while the lowest sales were for Sunday, with sales of 269 million, 320 thousand and $104.

Put that overseas remittance sales last week amounted to one billion, 264 million, 25 thousand and $407, an increase of 91% compared to cash sales of $114 million, 860,000 dollars.* .

While sales went in the form of cash and remittances abroad to finance foreign trade, while the sale price of the amounts of documentary credits and international settlements for electronic cards was 1310 dinars per dollar, and the sale of remittance amounts abroad was 1310 dinars per dollar, while the cash sale price was 1305 dinars per dollar.

https://alforatnews.iq/news/مبيعات-البنك-المركزي-العراقي-تتجاوز-مليار-دولار-خلال-أسبوع

"RV UPDATE" BY WALKINGSTICK, 16 JUNE

 Walkingstick 

 Question:  "Do these ATM machines have the lower notes?"  Software definitely.    [I'll] text Aki [Walkingstick's Iraqi Bank friend] about the notes.

 Don't be dismayed if the rate is still the same in the budget when it comes out on Saturday...because Sudani is dealing with this [57 trillion] thievery...He could release an "operational" budget.
 [Iraqi bank friend Aki - highest level banking meeting update] 
 Sudani is putting contracts in place to be implement inside of Iraq.  Sudani has been doing this with thousands of contracts. 
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's proje...FOR READ MORE:

----https://dinarevaluation.blogspot.com/2024/06/rv-update-by-walkingstick-8-june.html

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 [Iraqi bank friend Aki - highest level banking meeting update] 

 Sudani is putting contracts in place to be implement inside of Iraq.  Sudani has been doing this with thousands of contracts. 
"In the coming days" is what they told us that these contracts will be fulfilled in IQDs for most of the budget's projects...Those contracts will be fulfilled for their value but paid in IQD's only.
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[Information from Iraq bank owner #1 friend] 
  Ever since Sudani came back from Washington DC the government of Iraq...has been in the process of making...videos, commercials, advertising.  Sudani has been doing this on behalf of the executive level of all the pr...for read more:

 https://dinarevaluation.blogspot.com/2024/06/walkingstick-iraqi-bank-friend-aki_0971594087.html