DINAR REVALUATION

Monday, October 14, 2024

THE RV WILL ADD VALUE TO THE IRAQI DINAR!! @DINARREVALUATION

The third issue of “Enjaz” government bonds was offered for public subscription, 14 OCT

The third offering of public subscription for government “Injaz” bonds was made public on Sunday by the Ministry of Finance.

“The ministry offered the third issue of government “Injaz” bonds for subscription, with a total value of 1.3 trillion dinars,” the ministry stated in a statement obtained by

The statement went on to say that “the subscription method will start tomorrow, Monday 14/10 until 13 October, and purchase requests can be submitted at branches of banks authorized by the Central Bank, with the required identification documents attached,” and that “the amount will be transferred via the RTGS electronic payment system on the same day of purchase,

and the buyer will receive a temporary receipt until the bond is received from the bank.” In addition, “the amount will be transferred via the RTGS electronic payment system on the same day of purchase, and the buyer.

RV UPDATE BY FIREFLY, 14 OCT

Frank26

[Iraq boots-on-the-ground report]

FIREFLY: Minister of Finance on TV saying they have activated the automation and digitization process.

FRANK: That's important. Digitization...is the backbone of the monetary reform.

That's what's going to move the currency in and out of the country but more so out there when it starts to float for us...That will add the Real Effective Exchange Rate to your currency.

https://dinarevaluation.blogspot.com/2024/10/rv-update-by-firefly-12-oct.html

Frank26

[Iraq boots-on-the-ground report]

FIREFLY:Television is showing there was meetings going on. These meetings are every day.

They say there was Sudani who had his meeting with his Finance Minister and all of the lead bank officials and with the audit companies.

FRANK: Sudani meeting with the powerhouse of his monetary reform.

FIREFLY: It looks like Sudani is crossing all of his T's and dotting all of his I's one last time!

https://dinarevaluation.blogspot.com/2024/10/rv-update-by-firefly-9-oct.html---

----

FIREFLY:They are telling us deleting zeros and enhancing value. We never heard this before.

FRANK26: This is extremely impressive in the way the monetary reform is coming to you faster.

We predicted this. It's good to see it happening.

https://dinarevaluation.blogspot.com/2024/10/they-are-telling-us-deleting-zeros.html

DINAR REVALUATION : RV HIGHLIGHTS!!!

Iraq warns against regional escalation, rejects use of airspace for strikes on Iran, 14 OCT

Shafaq News/ On Sunday, Iraqi Foreign Minister Fuad Hussein warned that the ongoing conflict involving Israel could expand to include Iran, potentially threatening global energy supplies and creating a worldwide crisis.

During a joint press conference with his Iranian counterpart, Abbas Araghchi, who is visiting Baghdad, Hussein cautioned against the widening of hostilities. “The Israeli aggression on Lebanon could lead to the outbreak of another war,” he said.

Hussein expressed concern that the continued fighting in Gaza and Lebanon poses a major threat to regional security and stability. “The ongoing war is dangerous, and its escalation threatens the entire region,” he said.

“Iraq stance is firm, we are against using our airspace as part of any military action,” stating, “The Iraqi government has not made any decision to engage in war. Such decisions rest with the state and its three authorities.”

The Iraqi foreign minister also rejected the possibility of the conflict expanding towards Iran and Iraq being used as a passage in the conflict. “This is unacceptable,” Hussein remarked, adding that war in the region would severely impact global navigation and spark a worldwide energy crisis.

“Our region is facing very serious challenges,” he said, warning that tensions could lead to broader conflicts. “We are in a precarious situation, and there is a potential for escalation into a full-scale war.”

Moreover, Hussein called for an end to Israeli hostilities in Gaza and Lebanon and expressed Iraq’s commitment to pursuing peace and a ceasefire. “We continue our efforts to deliver aid to the displaced, whether in Lebanon or Syria,” he added.

ABOUT THE MEETINGS THAT HAD IRAQ WHEN VISITED UNITED STATES & HOW IRAQ NEEDS A STABLE EXCHANGE RATE FOR COMPLY THESE NEGOTIATIONS BY GOLDILOCKS, 14 OCT

GOLDILOCKS

Iraq just visited the United States on August 26 to 29, 2024. It was a high level negotiating team that met with JP Morgan, the US Treasury, Federal Reserve Bank, visa, mastercard, moneygram, Citibank, as well as International auditing firms such as KPMG, E&Y, K2i and Oliver Wyman.

One of the values of a meeting such as this includes trade facilitation. International auditing standards help to facilitate trade and support economic growth. Every international negotiator knows how to factor currency rates into agreements with their foreign business partners.

Part of the discussion dealt with moving from an electronic platform to a virtual bank whereby a Direct Banking relationship can occur. Direct banks, also known as branch-less or virtual banks, offer their services online, through mobile apps, email, and other electronic means.

Another portion of the conversation moved towards International engagement through International correspondent banking such as the Swift system provides. A network of international correspondent banks is a complex system of financial institutions that work together to facilitate global transactions.

Yes, this requires a stable exchange rate that can be used between countries in trade and foreign currency exchange. These determinations are a part of supply and demand ratios factored in through trade.

The people invited to this meeting was no accident. It was a negotiating team ready for action. It was a meeting to discuss "the requirements necessary to open their accounts with international correspondent banks." This transition is expected to occur by the end of this year.

This moves Iraq from a supervisory role with the United States to a more independent nation with their own rules and regulations to guide their financial agreements around the world. Yes, this is the information have been looking for for long time.

Watch the water.

https://cbi.iq/news/view/2660

https://www.negotiations.com/articles/international-transactions/