KI is preparing the development of payments in Iraq as a key to economic advancement

[6ly410]

https://mobile.twitter.com/IraqiGovt/status/1012617817978494976/video/1

[Synopsis]

Fantastic Find, 6ly410, AND The Best Of Your Weekend To You!!! 

 

In The Mean Time...........................................

 

Go Moola Nova (YEAH AND YEE HAW, BABY, READY WHEN YOU ARE BROTHER (OR SISTER) - LET ‘ER BUCK!!!)!!!

   

[6ly410]

Just now, Synopsis said:

Fantastic Find, 6ly410, AND The Best Of Your Weekend To You!!! 

[10 YEARS LATER]

Great stuff ! Good to hear from the folks all this directly affects. Welcome to the 21st Century- looks like they’re running with the Ball now. 

[6ly410]

Yup 

[Christoph]

The infrastructure is coming in place, not much more left for hurdles. GO RV, I WANT TO BATHE MYSELF IN CHAMPAGNE 

[6ly410]

haha

[6ly410]

Wow..good news everywhere..

[ChuckFinley]

50 minutes ago, Christoph said:

The infrastructure is coming in place, not much more left for hurdles. GO RV, I WANT TO BATHE MYSELF IN CHAMPAGNE 

That would not be New York Kevin bring down the house? 

[6ly410]

Banking in full swing here man this is awesome...

Edited June 30, 2018 by 6ly410

[Laid Back]

From 11% to 22,6 in financial inclusion....... How much chunky cash off the streets is that?

 

Give me $1:1

 

Go RV

[6ly410]

Fun times..

[ChuckFinley]

7 hours ago, Laid Back said:

From 11% to 22,6 in financial inclusion....... How much chunky cash off the streets is that?

 

Give me $1:1

 

Go RV

That is a good question. I have been watching the CBI and they have been trying to pull in that chunky money using all kinds of tactics. I think that that may be the straw we are waiting on. Getting that chunky money down to a level that being 1 to 1 or better is not to much of a burden. 

[Laid Back]

6 hours ago, ChuckFinley said:

That is a good question. I have been watching the CBI and they have been trying to pull in that chunky money using all kinds of tactics. I think that that may be the straw we are waiting on. Getting that chunky money down to a level that being 1 to 1 or better is not to much of a burden. 

I Think you're right my friend, 

They're getting the chunky money down to give real market value to the dinar

Go real market value 

Go $1:1

 

[Pitcher]

They can have all of mine for the right price, anything over .50!!!!!!!!

[dinarham]

Hell  ,'I'd be happy at 10 cents ,but no doubt it will be much more . I'm paying attention to the one thing they never say ,which is the revaluation of their currency ,the one thing that is intrinsic to Iraq's financial future . " Me think they doth protest too much " in this regard

[Floridian]

15 hours ago, Laid Back said:

From 11% to 22,6 in financial inclusion....... How much chunky cash off the streets is that?

 

Give me $1:1

 

Go RV

 

I've read there are 47 trillion dinar in circulation.

So I guess this means they have take 22.6% off the streets and gotten it into the banks.

Doing the math, it looks like another 36 trillion to go.

Edited June 30, 2018 by Floridian

[Rmc10]

36 trillion dinar is worth $30 billion US dollars right now. 

[navira]

Floridian, hoping u didnt include money outside iraq on ur math, haha

[Laid Back]

1 hour ago, Floridian said:

 

I've read there are 47 trillion dinar in circulation.

So I guess this means they have take 22.6% off the streets and gotten it into the banks.

Doing the math, it looks like another 36 trillion to go.

Two weeks ago I saw an article talking about 40 trillion dinars in circulation.

I don't think the goal is to collect 100% of dinar in circulation.... They already have a liquidity problem.

Going with your math....

36 trillion dinars /1190 = $30.2 billion dollars

Currency reserves $51.5 billions dollars 

$51.5 / $30.2 = $1.70 per dinar

Do you guys remember mr. Unlikely post about BTI Iraq country report $1.19 to $1.71

 

Go $1:1