Iraq's Central Bank Confirms Dollar Reduction Plan! #iraqidinar #dinar #...

President Barzani and US Coalition Commander: Cooperation needed to defeat ISIS, 23 AUGUST

 Shafaq News/ On Thursday, Kurdistan Region (KRI) President Nechirvan Barzani held a meeting with a delegation headed by Maj. Gen. Kevin Leahy, the commander of Combined Joint Task Force – Operation Inherent Resolve, to discuss regional security issues. 

The KRI Presidency said in a statement, "Both leaders concurred that ISIS remains a significant and ongoing threat, continuing to jeopardize stability and security in Iraq and Syria with its persistent attacks."

According to the statement, the leaders highlighted "the critical need for the International Coalition's sustained operations" and emphasized "the importance of cooperation between the Iraqi Army, Peshmerga forces, and the Coalition to counteract terrorism and ensure the definitive defeat of ISIS.

The discussion also covered recent advancements in unifying the Peshmerga forces and implementing reforms within the Ministry of Peshmerga Affairs.

In this context, President Barzani reaffirmed "the KRI's commitment to the successful consolidation and reform of the Peshmerga forces," praising "the International Coalition's support for these efforts."

The meeting, attended by the Minister of Peshmerga Affairs, the Chief of Staff of the Peshmerga, and the US Consul General in the Region, also reviewed the latest developments and potential repercussions of the complex Middle Eastern situation.

Both parties stressed "the need to maintain regional stability and avoid further escalation and complications."

IRAQ BOOTS ON THE GROUND UPDATED BY FIREFLY, 23 AUGUST

 Frank26  

 [Iraq boots-on-the-ground report]   

FIREFLY:Sammy [Iraq bank manager] says we will continue to trade the three zero notes after the deletion project for 10 years.  It's not a lop.  This will be a powerful move. 

 FRANK:  I like it because this is the guy that works at the bank and he knows darn well what's about to happen...Once the 3 zeros are lifted your purchasing power will be at least equal to $1.00.  It may even be up to $1.30.  Then your country will be able to rebuild itself even faster...I'm excited for your future.  I'm equally excited for my future.

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Frank26  

 [Iraq boots-on-the-ground report]   

 FIREFLY: Mr Sammy [his Iraqi bank friend] was explaining how our three zero notes will coexist for 10 years after they drop the three zeros...This is not a LOP...We don't have inflation like other neighboring countries around us that have to lop.   We can delete zeros and introduce...the lower notes because of the value that is being added.  That's purchasing power. 

 FRANK:  That's always been the plan...I can't believe they're going to vie you these 10 years that Dr. Shabibi wanted.  That's incredible...Wow!

FIREFLY:  Saleh was talking about the floats and he was also talking to us about fixed rates.  He's saying no decisions have been made.  They talked about the pros and the cons of each one of these options.  Then the CBI came out and said in the coming days we will make actions to lower the dollar exchange rate. 

 FRANK:   Can the CBI lower the dollar exchange rate?  No.  Yes! How? 

 FIREFLY: ...The CBI's job is not to control the dollar...They can't touch a dollar but...the CBI can touch the dinar...If they lifted the value of our currency wouldn't that bring down the value of the dollar in our country?...Let's see if that is the only thing the CBI could do to bring the dollar down is raise the dinar.  They say in coming days.https://dinarevaluation.blogspot.com/2024/08/latest-from-firelfy-22-august.html

🔥 Iraqi Dinar 🔥 Wow! That's Incredible 🔥 Today IQD to Dollar RV News Gur...

Iraq's Prime Minister discusses with Saudi Foreign Minister bilateral relations, 23 AUGUST

 Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia Al-Sudani met with Saudi Foreign Minister Faisal bin Farhan Al Saud, who arrived in Baghdad today for an official visit.

Al-Sudani's media office stated that both sides had discussed strengthening ties between Iraq and Saudi Arabia. "The talks focused on enhancing cooperation in political and economic sectors, fostering effective partnerships, and revitalizing the Iraqi-Saudi Coordination Council to serve the mutual interests of both nations."

The meeting also addressed key regional developments, including the ongoing conflict in Gaza, with both stressing "the importance of continued joint efforts and coordination with Arab and international partners to halt the [Israeli] aggression." They called on the global community to “intensify its efforts to prevent further violence and support the Palestinian people's right to their land amid a conflict that has persisted for over ten months.”

LATEST FROM MILITIAMAN, 23 AUGUST

  Militia Man 

 They were definitely coming after Alaq.  Why?  Because their cash cow...is getting dried up and obviously they're getting squeezed.  You not only have people in Baghdad getting squeezed you got people in Kurdistan area are going to get squeezed as well because they are on the wrong side of the trade.  They have different agendas.

Anybody that thinks this is going to be a lop has got to be flat-out loco.  They're not going to be able to fund all their processes at 1310/1320...There's no inflation.  They've got it covered.  They've been working on this for years...It's a bullish time to paying attention to what you own...Put the lop to bed.

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Militia Man 

  Article quote:  "Central Bank's inability to meet the needs of Iraq dinars which may force an increase in issued monetary mass."  

They didn't say dollars, they said the need for dinar.   

Why would they need to have dinar?  

Remember...they've been bringing in 25k notes because...they're doing electronic.  All that money that comes in gets credited on cards.  They've been absorbing cash.

What were they doing in the background? 

 They were destroying money...They didn't tell you how much money they destroyed...But they're saying they're having a problem with liquidity...a problem...to meet the need for Iraq dinar...They're going to need money to be replaced.   Could that be the new small category notes with more value? ...

Why in the world would you go out and destroy a bunch of money... make it into pellets for burning, when you're going to go and create new 25k notes.  Does that make any sense to anybody? 

 Do you think they built that big, huge massive building...to have more inflation and a cheaper exchange rate less that 1310?  That's what they would be doing...That doesn't make any sense whatsoever.

https://dinarevaluation.blogspot.com/2024/08/latest-from-militiaman-21-august.html

Iraqi Dinar Guru News Highlights (8/22/24)