Frank26 We’re looking for the blessing to occur. I’m looking for it IMO in 2 weeks to 2 months.
Militia Man If Iraq is going to make an adjustment to her exchange rate it’s going to have an impact on her neighbors. They’re going to need to know what’s going on.
Fnu Lnu There is no Global Reset and no QFS. The closest thing to any of that is Ripple and the XRP crypto coin. Stop buying answers when your question was for free.
Samson Article: “Import Control Authority: A significant rise in non-oil revenues during the Sudanese government”
Walkingstick Alaq is in charge of the monetary reform. He’s going to pull the trigger when he’s told to do so…
Frank26 They are constantly hinting of a new exchange rate but with all sincerity, enough is enough. Release the kraken man!
Maxis I can get them [Iraqi dinars] at the Dinar Market Rate at the Iraqi store on base but at the bank you only get the Official CBI Dinar rate…This is another reason the citizens won’t take their dinars to the bank…
MarkZ [via PDK] The articles coming out of Iraq do remind me of articles in Kuwait leading up to their revaluation. Budget scares, concerns and suddenly BAM……RV and it is all fixed.
Militia Man Article: “Iraq is in a prosperous era despite the difficulties or the international economy” Saleh confirms…the inflation index remained below 4% per year…In my view the data shows the Central Bank of Iraq has done a very good job with their reform program keeping inflation low which is a good component that does support if they have a revaluation of their currency. It is a component of that process. There’s confidence. This is a testimony of it. Iraq has that security and stability that we’ve been talking about.
Fnu Lnu I want to dispel the “intel” concerning the floor of sustainability for crude oil prices. The current budget calculated everything based on $40 a barrel. Iraq is in no way in the danger zone with $65 per barrel oil, however, it will definitely slow the pace to about half speed on secondary projects as the primary projects are progressing quickly and all secondary upgrades have been placed on hold. Iraq does NOT need a revalued Dinar to keep the work moving forward…
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says Alaq is the man. He was brought back to Iraq to run the CBI…And he was brought back to control the rate. He worked with Shabibi before his health went bad. Alaq knows the plan… FRANK: Thank you Mr. Sammy. I’m going to give in because you guys are there. He will release the new exchange rate therefore he’s in control but he will release it when it is given to him. FIREFLY: …That’s why they [Parliament] have tried for so long to get Alaq out of his job. They know he’s working on changing the rate.
Mnt Goat Article: “THE MAJORITY OF IRAQ’S FINANCIAL ASSETS ARE IN US DOLLARS. AL-SUDANI’S ADVISOR DISCUSSES LINKING IRAQI BANKS TO US BANKS.” This news is of course fantastic news, as it is showing us that Iraq is slowly getting back to normalcy and the final nail on the currency platform is done. We must think of why the currency auction was set up in the first place and know it had to entirely end someday. I believe this day is coming in June and this article in the news now shows us more proof of this effort.
yada For this rate to delay another month would mean they’d have to freeze all they’ve done up till now. 26 billion dollar worth of oil not flowed from Iraq to Turkey and all needed is the rate to populate. US pushing to get it restarted. Billions of invested money from companies arrived in Iraq the past 3 weeks and doubt they will just sit on it with no rate change…There is much said in the articles as well as prep actions of Iraq to indicate, the rate release is upon us.
Iraqi dinar Gurus
