Friday, March 21, 2025

TIDBIT FROM FRANK26, 21 MARCH

 Frank26  

 I very strongly believe as the cards are being dealt out, we investors of the Iraqi dinar are holding a trump card...Security and stability is the only thing that we need. Do we need to calculate the exchange rate No.  The RV phase took care of that over a dozen years ago.  

Do we need to get the banks up to modern technology, up to par with the rest of the international world No, the US Treasury is on the ninth floor, the whole freaking floor  ...Do you think that's for 1310?  No, I don't Frank.  Well good for you then because you hold a trump card don't you?  Yes you do.

Security and stability is the key of unlocking what we all seek...a new exchange rate to bring purchasing power to their currency.  Security and stability is important...Security and stability has a trump card and his name is  President Donald Trump.  But the security and stability is because Iran is no longer in control of Iraq like they used to be.   Security and stability is what's going to bring in the new exchange rate.

FIREFLY: IRAQ BUDGET IS GOING FORWARD ‪@DINARREVALUATION‬ #iraqidinarinvestor #iraqidinar

 


Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance., 21 MARCH

 Prime Minister: Iraq Is Witnessing A Comprehensive Development Renaissance.

Buratha News Agency1362025-03-19  Prime Minister Mohammed Shia al-Sudani affirmed on Wednesday that Iraq is witnessing a comprehensive development renaissance, while indicating that 323 power stations are under construction and implementation as part of the campaign to rehabilitate distribution networks and install power stations. 

In his speech during the launch of the implementation works of the projects to rehabilitate distribution networks and install power stations via a closed-circuit television, the Prime Minister stated that "the start of work on rehabilitating electricity distribution networks in various governorates comes within the framework of the largest campaign to resolve power grid bottlenecks in preparation for the summer of 2025."

He added that "323 power stations are currently being built and implemented as part of this campaign," noting that "the government is working according to a well-thought-out technical plan, independent of any investment from political or societal entities."

He also explained that "the government has made significant efforts in the energy production sector and is seeking to diversify its sources to ensure the stability of the country's electricity system."

The Prime Minister concluded by stressing that "Iraq is witnessing a comprehensive development renaissance."    https://burathanews.com/arabic/news/457789


MIKE BARA: I have been told Zurich and Reno are paying out, 21 MARCH

MIKE BARA

Wolvie was told Columbia is paying out. He’s waiting to hear on Brazil. I have been told Zurich and Reno are paying out. If Reno is paying out, that means Iraq released their codes.
 If Iraq released their codes, the RV, whatever form it takes, happens within 72 hours (hopefully sooner).

 Jen is getting that we should hear overnight. There are lots of connection problems I started getting reports when Wolverine did that things were extremely active in Reno. 

Exchanging money, money flowing. 

Different groups of people from those we were hearing from. Once Reno is paying out, then we are within hours of the Dinar revaluing, but it makes sense in places around that world that are important in the process. It appears it happening right now. 

I have been told of people being paid in Zurich, but once Reno is confirmed to be flowing in Reno, we will reval of the Dinar. There is conflicting info that only two currency may be ready Dinar and Vietnam but not sure, we are just being told this. Not sure if this is the way it will happen. 

I want to tell you to keep in mind, that overnight, we wake up, and the dinar is revalued, and even get the street rate, it will be a blessing for all of us. Let us not get greedy as all will come to us in time.

 I have been following this since 2009, and we are as close as we have ever been, but it has never been this exciting. (Listen to audio for complete details).

Nader From The Mid East: I tell you about three things. Trade, private sector ‪@DINARREVALUATION‬

 


The Central Bank Of Iraq Explains The Reasons For The Decline In Its Foreign Reserves During The Third Quarter Of 2024, 21 MARCH

 The Central Bank Of Iraq Explains The Reasons For The Decline In Its Foreign Reserves During The Third Quarter Of 2024

Wednesday, March 19, 2025, | Economic Number of reads: 169  Baghdad / NINA / The Central Bank of Iraq announced, on Wednesday, a decline in its foreign exchange reserves during the third quarter of 2024, explaining the reasons that led to this decline.

The bank stated in a report that "Iraq's foreign exchange reserves decreased by 0.52% during the third quarter of 2024, reaching 143.35 trillion dinars, compared to the same period in 2023, when reserves amounted to 144.10 trillion dinars."

The bank attributed this decline to "the Central Bank's resort to withdrawing cash liquidity from the market by strengthening cash sterilization operations, as part of its efforts to maintain monetary stability."

The report added, "As a result of these measures, cash receipts increased from 18.46 trillion dinars to 20.09 trillion dinars during the same period."

It also indicated that "the decline in oil prices from $82.2 to $77.3 during the same period was another factor in the decline in foreign reserves."

The bank explained that "the increase in receipts led to the depletion of a portion of net foreign reserves, and the issued currency increased from 100.06 trillion dinars to 104.13 trillion dinars, as a result of the increase in public spending, which in turn led to an increase in public debt."

The central bank stressed that "despite this decline, it still has large net foreign reserves compared to the money supply, which makes it in a relatively safe position, according to global financial standards that set the minimum at 20%."  https://ninanews.com/Website/News/Details?key=1192853


TIDBIT FROM MNT GOAT, 21 MARCH

 Mnt Goat  

 Article:  “IRAQ CONFRONTS ECONOMIC CRISES WITH THE “DIGITAL DINAR.” THE PARALLEL MARKET

IS THREATENED WITH “EXTINCTION.” The Central Bank of Iraq is preparing to launch the digital dinar, marking the transition to digital currency management.
 I want to add that this is no longer a long-term objective but something they are to do now. I mean now!