Walkingstick

The blackmarket rate verse the official rate is off by only 10%.  They have made great strides with the monetary reform.  It has been accomplished.  It is done.  It is […]

Remember Iraq is still under the umbrella of the IMF.  They may not be under sanctions but they are under the umbrella/protection of the IMF.  These were the meetings that were […]

 They are telling the citizens in the middle of January the IQD exchange rate will finally match the official exchange rate of the CBI.  What is the official exchange rate […]

   The 3-zeros the citizens have right now are soon to be replaced with lower denoms because of the de-dollarizing.  The American dollar is public enemy #1 for the monetary reform…So are […]

The whole de-dollarization phase the monetary reform is going through right now is in order to not use the American dollar any longer.  This system was meant to be temporary.  […]

    At what rate will the IQD go into the [Middle East] basket?  I don’t know…This is an RI.  This is the reinstatement phase.  The goal is to reinstate the value […]

Article:  “A government source reveals the Sudanese measures to reduce the dollar to its official price”  IT IS BECAUSE THE IQD IS GOING UP IN VALUE AGAINST THE USD…NOT THE […]

  Have we not been saying to you over and over again look for it in the beginning, in the middle or at the end of a quarter…Iraq is on […]

They were mopping up excessive liquidity.  That’s the 3-zeros of the Iraqi dinar and the American dollar.  Even the dinar is a liquidity that had to be mopped up to […]

 As the days go by and we walk toward the 1st of this year IMO so far the monetary reform is keeping its word on their intent of adding value and […]

The intent of the government of Iraq and the board of directors of the CBI is to eventually float.  We see this information in the articles they have already released…

  They have told them [Iraqi citizens] a change is coming.  Do you need another clue?  Come January 1st what are the citizens supposed to do?  What are they supposed to […]

Why only [spend] 20% [of their budget] in 11 months?  IOO they’re waiting for a new exchange rate.  They’re going to use their currency…pressure will be reduced on the citizens […]

Would you care, would you be upset, would you throw a tantrum if the Iraqi dinar  came out at $0.50?  No because it’s going to move fast…Once you set that beast […]

What does it mean to float?  …It means the Iraqi dinar de-pegging [from the dollar] and pairing with a bunch of currencies in an international basket from the Middle East…The […]

 The 1st of January is when no other currency will be used by Iraqi citizens inside the country except their own currency.  Don’t you think that’s a clue!  They are […]

You are going to keep hearing more and more about the monetary reform education until they announce it.  This monetary reform was once a secret but…now they’re flat out telling […]

Question: “Do you think the tellers [In Iraq] have the lower denoms?”  No.  “…Executive levels?”  Yes.  Samples and specimens and LDs only at executive levels right now…

IRAQI BANK FRIEND continues:  They keep asking questions over and over again.  Also the question people are asking a lot about, ‘When?  And how much?’  But at the meeting we […]

[Iraqi bank friend update] IRAQI BANK FRIEND: The meetings we have had with the CBI we are learning the next steps.  Also we talked about in the meeting we are […]

What is occurring now is all about the numbers.  It’s not about some politician.  It’s not about some soldier.  It’s all about the numbers.  It’s not about parliament.  It’s not […]

[Iraqi Bank Friend Aki update]  There is a meeting going on in Dubai…What they’re doing is finalizing the exchange rate.  They got the currency in position and what they need to […]

At this phase of the monetary reform they have to figure out the note count.  That’s what the US Treasury is working with them about as well.  The note count […]

[Iraqi Bank friend Aki report] [lower note tests] are happening now.  Where?  North [Perhaps Kurdistan] …He said it’s happening right now.  In fact he says it’s been happening…for about a week…We’re […]

It’s all about the accounting in order to make the exchange rate easier to transition for the accounting.  It’s all about…the numbers…once they are done with the accounting, once the […]

 [Aki Iraqi Bank Friend Update]  Number 1 [Aki’s Boss] has informed Aki the CBI is going to have…’All hands on meeting’ to share the results of a recent CBI meeting.  These […]

Sudani told the Iraqi citizens your currency will soon be the strongest currency in the world not just the Middle East.   

IOO of our teams the new exchange rate of the Iraqi dinar this year is a fact…

Remember, we started with a MR that led to an RV that leads now today to an RD that will lead to an international float.  Now…When it gets to the point […]

   [Iraqi bank friend Aki update]  How will Aki profit by having these banks?  By exchanging the Iraqi dinar for dollars.  This is a profit for the bank. For Aki…