DINAR REVALUATION

Tuesday, January 2, 2024

Iraqi Dinar🔥Iraq's Getting Ready For New Exchange Rates In 2024🔥iraqi di...

Within 8 Months, 80 Million Barrels Of Iraqi Oil And Its Products Were Exported To America, 2 JAN

Within 8 Months, 80 Million Barrels Of Iraqi Oil And Its Products Were Exported To America

2024-01-01 Shafaq News/ The US Energy Information Administration announced on Monday that Iraqi exports of crude oil and its products to the United States amounted to about 80 million barrels during eight months of 2023.

The administration said in a table seen by Shafaq News Agency, that Iraq exported 79.346 million barrels of crude oil and its products to America from March until October

She added that Iraq's exports of oil and its derivatives in October amounted to 9.116 million barrels, 727 thousand barrels lower than what they recorded in September, when they reached 9.843 million barrels.

The US Energy Information Administration stated that OPEC's exports of crude oil and its products to America during the eight months amounted to 342.472 million barrels, with Saudi Arabia having the highest rate of exports to America, reaching 1.426 million and 159 thousand barrels during the same time period. LINK

"RV UPDATE" BY CLARE, 2 JAN

Clare

Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual " Quote: "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."

Article: "A financial expert points out the reasons for the continuous decline in the dollar exchange rate" Quote: "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market” Quote “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with international banks for the first time.”

Article: " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules " Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

Article: "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules" Quote: "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

RV/RI Rollout Has Begun?💣IQD Only Is In Effect!?🤔Iraq Dinar RV Updates |...

A Slight Increase In Dollar Prices In Baghdad And Erbil By The New Year, 2 JAN

A Slight Increase In Dollar Prices In Baghdad And Erbil By The New Year

2024-01-01 Shafaq News/ The prices of the US dollar recorded a slight increase against the Iraqi dinar, today, Monday, in the markets of Baghdad and Erbil, the capital of the Kurdistan Region.

Shafaq News Agency correspondent said that dollar prices rose with the opening of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 152,250 Iraqi dinars against 100 dollars, while yesterday, Sunday, prices were 152,150 dinars against 100 dollars.

Our correspondent indicated that the selling prices in the exchange shops in the local markets in Baghdad rose, as the selling price reached 153,250 dinars, while the purchasing price reached 151,250 dinars for every 100 dollars.

In Erbil, an increase was also recorded in banking shops, where the selling price reached 152,300 dinars against the dollar, and the purchase price reached 152,200 dinars against 100 dollars. LINK

"RV UPDATE" BY MARKZ, 2 JAN

MarkZ

[via PDK] A lot of banking contacts are thinking we will see solid movement by the second…today on the first is a holiday and they are consolidating and moving things together…meaning possible announcements...There is a lot of fantastic chatter on what is going to. happen in the next 24 hours or so….

Comment: I was in a Chase bank last week and noticed an entrance for private banking services. In the bank I noticed cubicles and training ongoing. MarkZ: Clearly they are preparing.

Question: Do you still expect all currencies to go at the same time ? MarkZ: Yes…I still it expect it to all go at once.

Everything still appears to be on track with a tremendous amount of anticipation for the next few days... There is a big push now to get the US military out of Iraq immediately.

“Iraq’s PM says government working to end presence of US led coalition forces in the country” Donald Trump once said that that when they reduced the numbers they would not completely leave the country until we have been paid for the war effort. So what does that tell us? They are trying to get us out in “the next coming days” which means the RV needs to happen…as I understand it.

This could be an indicator of how close we are. Iraq is also indicating the problems with the parallel or black market selling the dollar would be done by the first. Buckle up for this week…We may not make it by the first…but I believe it will be very close to it.