DINAR REVALUATION

Tuesday, June 25, 2024

New Rate in Coming Days!🚩IBBC Conf: Driver of the Dinar's Rate🤔Dinar RV ...

"ATM VIDEOS" BY FRANK26, 25 JUNE

KTFA

FRANK26: "ATM VIDEOS"........F26

https://x.com/NBIraq/status/18.....1991153862

National Bank of Iraq

@NBIraq

بخطوات بسيطة هسه تكدر تودع فلوسك من خلال اجهزة الصراف الآلي بكل سهولة #المصرف_الأهلي_العراقي #العراق

TRANSLATION: With simple steps, you can now deposit your money through ATMs with ease #المصرف_الأهلي_العراقي #العراق

CLICK THE LINK TO WATCH THE VIDEO ABOUT THE ATM's

"RV UPDATE" BY MARKZ, 24 JUNE

MarkZ

[via PDK]

...one that I think is exciting Article: “First Direct Flights between Erbil and London” This is real international cooperation. Erbil is wealthy in oil.. We have been told to keep eyes on the Erbil region.

A bank story: A little state bank in Texas…A member asked a teller if there was a new bank system…and was told “could be” and then when asked if they exchanged foreign currency…they said “yes, we will be” ...this is interesting from a smaller state bank. Seems more and more banks are reporting massive changes.

It is totally coming...Just because it hasn’t happened yet, doesn’t mean it’s not happening...there is no negative news. There is nothing telling us it isn’t moving forward anymore.

There is a lot of anticipation for this weekend. Bank/Redemption contacts say they are on call this weekend…and have an hour notification time. They have one hour- if called to go in. This was from 2 different contacts from 2 different states that said the same thing. This is very positive.

https://dinarevaluation.blogspot.com/2024/06/rv-update-bank-story-by-markz-24-june.html

🔥 Iraqi Dinar 🔥 Very Good News 🔥Today News Guru Intel Value Update Excha...

Monday, June 24, 2024

FOREIGN EXCHANGE AND REMITTANCES BY MNT GOAT, 25 JUNE

Lik to the site: Iraq – United States Department of State

Their words not mine. Please check it out. I clipped out the most interesting part for you.

6. Financial Sector

FOREIGN EXCHANGE AND REMITTANCES

Foreign Exchange

The currency of Iraq is the dinar (IQD). The Central Bank of Iraq devalued the IQD, by 22.7 percent at the end of Dec 2020, to avoid a liquidity crisis. This came as part of the reform plan put in place by the Prime Minister after the country was simultaneously impacted by COVID -19 and the significant drop in oil prices at that time.

Iraqi authorities confirm that in practice, there are no restrictions on current and capital transactions involving currency exchange if valid documentation supports underlying transactions. The Investment Law allows investors to repatriate capital brought into Iraq, along with proceeds. Funds can be associated with any form of investment and freely converted into any world currency. The Investment Law also allows investors to maintain accounts at banks licensed to operate in Iraq and transfer capital inside or outside of the country.

The GOI’s monetary policy since 2003 has focused on ensuring price stability primarily by maintaining a de facto peg between the IQD and the U.S. dollar, while seeking exchange rate predictability by supplying U.S. dollars to the Iraqi market. In December 2020, the GOI announced that it would officially devalue the dinar’s peg to the U.S. dollar by 22 percent. Banks may engage in spot transactions in any currency; however, they are not allowed to engage in forward transactions in Iraqi dinars for speculative purposes. There are no taxes or subsidies on purchases or sales of foreign exchange.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

"RV UPDATE" BY CLARE, 25 JUNE

Clare

Question: "The holiday is officially over was there any news about the Iraqi 2024 budget published in their gazette today?"

NO...BUT REMEMBER THEY OFFICIALLY GO BACK TO WORK TOMORROW [Sunday] PER SUDANI ACCORDING TO WHAT WAS IN AN ARTICLE. SO WE DON'T KNOW IF THE MOJ EVEN WORKED TODAY [Saturday].

KTFA:

Clare: National Bank of Iraq

@NBIraq: بخطوات بسيطة هسه تكدر تودع فلوسك من خلال اجهزة الصراف الآلي بكل سهولة

TRANSLATION: With simple steps, you can now deposit your money through ATMs with ease

CLICK THE LINK TO WATCH THE VIDEO ABOUT THE ATM's https://x.com/NBIraq/status/18.....1991153862

Ryan1216: We have to be EXTREMELY CLOSE to a rate change now that money can be deposited into ATM’s. IMO. What do you think Clare?

Clare: IMO, WE ARE EXTREMELY CLOSE. THE LAST FEW UB2B'S SHOW THAT. DID YOU CATCH WHAT EDDIE'S FRIEND SAID LAST NIGHT? "AT ANY MOMENT" IT COULD BE POSSIBLE.

Clare: KBR wins $46m Contract to Support Sustainable Development in Iraq

19th June 2024 By John Lee.

American engineering firm KBR has announced that it has been awarded a five-year contract, with options, to support the Iraqi government's visionary infrastructure and future energy ambitions, including the delivery of megaprojects and sustainable development.

Under the terms of the $46 million contract, KBR will provide its differentiated advisory and consultancy capabilities to the Iraqi Government's Ministry of Planning, with a focus on creating an effective program environment to support successful delivery of strategic megaprojects.

Focus areas of KBR expertise supporting the ministry, who interface with all ministries and formations in the Iraqi government, will include economic planning, strategy development, feasibility studies, technical reviews and large-scale project management.

This contract, which encompasses a comprehensive range of planning and development services, will further elevate the significant role KBR is playing in the development of Iraq's energy sector - working closely with various ministries to identify, design and implement critical projects aimed at enhancing the country's economic and social landscape.

KBR's focus on innovation and sustainability will be integral to delivering the ambitious development plans, aligning with Iraq's long-term vision for growth and environmental stewardship.

Jay Ibrahim, President of KBR Sustainable Technology Solutions, said:

"This is a great example of KBR utilizing its growing global capabilities to support regeneration and sustainable growth of a nation. We are proud to further our partnerships in country, where we are already helping make our customers' ambitious plans a reality. With our deep expertise in engineering and energy solutions, KBR is well positioned to help our valued customers meet their energy security and sustainability objectives."

KBR will support delivery from its global locations, in addition to expanding its well-established footprint in country through the creation of an operational office in Baghdad and the wider prospect of building an engineering design center to enhance the skills of Iraqi engineers. LINK

BuckEyeTree: More good news for Iraq with KBR, an American company, establishing an operational office in Baghdad.

Also, the ATM tutorial about ability to make deposits into the ATMs is not only a convenience for Iraqis, but IMO another way for the CBI to collect 3 zero notes that may be in the dinar mattresses.

IMO in the coming days, Iraqis will be able to withdraw the lower notes as soon as they are released with new rate. Just waiting whatever comes next.

https://dinarevaluation.blogspot.com/2024/06/about-national-bank-of-iraq-by-clare-21.html