The Iraqi dinar faces several potential scenarios for its value in 2025...One possibility is a gradual appreciation in value...The country's vast oil reserves are its economic backbone.
If global oil prices remain high and Iraq increases production, the influx of foreign currency could strengthen the dinar. Additionally... diversifying the economy and reducing corruption could boost investor confidence and attract foreign investment further supporting the currency's value.
On the other hand the dinar could remain stagnant or face depreciation... If global oil prices drop significantly, Iraq's reliance on oil revenues could strain its budget and weaken the dinar. Inflation or issues in managing monetary policy might also negatively impact its value.
Central Bank of Iraq's sales of foreign remittances reach more than 94%
Time: 2025/01/21 Reading: 910 times {Economic: Al Furat News} Foreign transfers in the sales of the Central Bank of Iraq, on Tuesday, reached more than 94% with the participation of 7 banks and 19 exchange companies.
The bank sold in its auction today 287 million, 882 thousand, and 784 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a rate of 1310 dinars per dollar for foreign transfers, and at a rate of 1305 dinars per dollar in cash.
Most of the dollar sales went to boost balances abroad in the form of transfers and credits, which amounted to 273 million, 323 thousand and 784 dollars, at a rate of 94.87%, compared to cash withdrawals amounting to 14 million and 550 thousand dollars.
The number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 6 banks, and the total number of exchange companies participating in the auction was 19 companies. LINK
❇In the days to come, you might see some frenzied posts regarding the RV aka The Camper Event
·For those who do not know, this is regarding foreign currency revaluation, which will take place, globally.
❇I will not take time to explain or describe this in greater detail simply because this is the '11th hour' & those who know, know & those who don't - that's perfectly alright 🙂🙏. At this late hour, it's not necessary that you understand the details since you're not vested or involved🙂🙏
❇Some members here are speculators in this opportunity in effort to bless others in the world thru humanitarian efforts
·That being said, urgent announcements will be made in the days to come that are specific to *these individuals*, particularly
·Please understand that these individuals (likely historical bond holders) will be signing a non disclosure agreement (NDA) and will not be able to discuss any details pertaining to this opportunity / rates / appointment or outcome. 🤐
·I'm letting you all know *now*, so that you will know that we must collectively protect these humanitarians and not say or do anything that will cause them to violate their NDA's. That includes asking questions with earnest expectations of getting them answered.
·Your admins are not the kind of people who would be rude or inattentive & ignore your questions. But respectfully,
I must submit to you that many people are counting on the collective humanitarians in this group - and these folks cannot do anything to slip up & violate their NDA.
·With that being said, any questions asked (by those who are curious or wondering what's going on, must be ignored) - and we ask your patience & understanding as to the reason why. No one is intentionally going to ignore questions; but they must remain quiet on the subject of the Camper Event until their NDA is over.
❇THOSE OF YOU INVOLVED - your Admin team will be watchful and the notifications will be shared here, multiple times, so that no one misses out on HOW to set up your exchange or redemption appointment
❇FOR THOSE OF YOU NOT INVOLVED - when that happens, do not ask "What is this all about?". As it will be too late to grasp the concept this late in the game, anyways. 🙏
·We will recycle this message on repeat to ensure the members have ample opportunities to read
·We must do this to protect the humanitarian members from saying anything to violate their NDAs
·We must do this 2nd to quell any curiosity or probing from members who are not aware or involved & just curious to know more
❇After we observe that members are notified to make their appointments, the admins will be asked to ⚠️delete ANY POSTS made in regards to The Camper Event . ⚠️ ONLY these topics will be prohibited 🚫
·Other conversation regarding NESARA / GESARA will be acceptable
·Please hear my heart - we don't want anyone feeling left out or ignored - so we're letting everyone know up front how things have to be, to protect the speculators in this group and to keep this group open after these events occur.
·Please kindly understand that other RV Groups are having to go Silent for the duration of the NDA (which *could* be 90 days plus). So, unless we all want *this* group to go MUTE for months, we ALL must understand the WHY'S and ramifications.
·Please kindly understand, that if one generous soul gives details about their appointment or exchange rates (after signing a legally-binding NDA) then their account will be frozen and their $ clawed back and assimilated elsewhere. They may then labor for humanitarian good but they shall no longer have any part in funding it.
·This is the reality and the gravity of responsibility that lies with each humanitarian and each Admin, and myself - to protect the greater good. 🤐
·We appreciate everyone's understanding. Pray for these upcoming appointments, which carry with them a monumental responsibility.
💗Thanks for your kind cooperation so that we can keep this group open & vibrant in the months to come.
The Central Bank of Iraq, through a document obtained by Al-Masry, directed the Federation of Chambers of Commerce to provide it with the names of banks that violate the law by refusing to receive small banknotes and 5,000 dinar denominations.
Member: Any RV news or bond news or banking news today?
MZ: I have 3 different bond sources that say they will process this afternoon.
They were told today is “GO” day and bonds go off “stuck” this afternoon.
A number of international sources say today it is ON….these are folks from all over the globe. Coming from so many different sources I find it very reassuring.
MZ: I will be sitting around on pins and needles all throughout today and tomorrow…hoping to see a historic bond person with full blown money from final contracts…..I am excited..
Member: Then after bonds start….we currency folks should start getting notifications….right?
