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WalkingStick - PCC [Partial Convertible Currency] Started Two Months Ago On Forex With $1.70 - $2.00 PCC Testing !


DinarThug
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CNN. Broadcasting While WalkingSticky Tries To Peel Himself Off Of The Blue Couch - I Think That The Stick Is Stuck !

 

 

 

6-26-2018   Newshound/Intel Guru Walkingstick   [via sunny]   

PCC [Partial convertible currency],

by definition is a currency sold with low volumes on the FOREX.  

Rate now on Forex is maybe around $1.80.

A country that does a PCC is Article 14 before going to Article 8. 

Testing stress of the Iraqi dinar outside of their borders.  

Countries you can refer to, to see how a PCC was applied are India Rupee and China’s Yuan.  

All emerging economies use a PCC to go from Article 14 to Article 8. 

It means they have to convert.  Protects their reserves and contracts.  

How long can a PCC go on?  

Started two months ago, with jumps on the FOREX,

just before 2% compliance. 

$1.70- $2.00 PCC testing.  Trying to hit 3+? 

That would be an RV.  We don't know exactly where we are. 

 

Edited by DinarThug
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6-26-2018   Newshound/Intel Guru Walkingstick   

THE RATE CANNOT BE ANY HIGHER THAN THE AAD

(Arab Accounting Dinar)

CURRENCY NUMBERS OF THE IMF = 2.5 X SDR NUMBERS

(You can find this on the IMF website...) 

SDR rate as of today is $1.41. 

If you multiply by 2.5 you get a max of 3.52.  (can change daily...) 

When it’s on the FOREX it will sell at a low volume, not the program rate.  

Iraq in the ME is a trade hub and needs different value for the world Global Markets. 

The key is it’s now going to be tested at a different value globally. 

The RV WILL SHINE LIKE THE SUN!

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6-26-2018   Newshound Guru Frank26   [via sunny]  

[Guru] Walkingstick called yesterday. He has a new word.  

"Very Shortly."  WS said,

"They are accelerating the pace to do it NOW." 

Central Bank of Iraq has taken the Iraq Dinar INSIDE IRAQ to a new level. 

They are using every IMF tool to educate the citizens: cell, TV, ATM machines.  

1-1 inside Iraq has gained more purchasing power. 

Partial convertible currency ( PCC) outside of Iraq will introduce the Iraqi Dinar to global markets. 

Inside Iraq they are using E Dinars (electronic dinars). 

They are testing the global markets: "Bird is leaving the nest...."

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6-26-2018   Newshound Guru Frank26  

"Believe we are toward the End of the Time Line."  ...

You know very well where we’re at. 

The CBI is following the first quarter orders given to them by the IMF, UST, CBI and POTUS. 

There should be no one doubting their currency is being re-instated. 

The currency will be used electronically outside Iraq borders. 

They are lighting the RI fuse for the RV,

for Investors/world markets to buy, sell and trade with it. 

This forces an increase in value of Iraqi Dinars.

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6-26-2018   Newshound Guru Frank26  

CBI will introduce small notes electronically at the start of the reinstatement. 

By limiting the supply electronically and then move the decimal point. 

This will set up for "physical" delivery of small notes. 

This is brilliant!  At any moment we can see a rate change

Iraq is hiding the RI.  

"We may see actual change around the FIRST WEEK July. 

We are pressed up to the  final stage of the wall. 

Control will be electronic as that removes fraud and inflation. 

The small notes are soon to be dispensed! 

PCC proves what they have done in country.  

A convertible currency with low volumes.  IT’S BRILLIANT! 

All citizens will be on par in Iraq "very shortly"

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Poo-Poo predictions.... same ones that we have been hearing every month for years.... entertaining to say the least but just that ...entertaining. 

 

Adam... we need that text... that will be when the excitement kicks in... 

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6-26-2018   Newshound Guru MilitiaMan 

Earlier on there was mention of the word by Frank [Guru Frank26]  and others...

Assimilate: To make similar: was part of the translation. 

Well imo they are doing just that now.

That is the phase imo we are in and we will watch the assimilation very shortly.. lol...

They have already printed the new currency,

well imo that currency we await imo will be similar to the ones we and they have now,

just less the zeros.

Imo to not have confusion,

they will be similar to the old in nature,

art work, size, color, etc...  

They will need to be, 

as they will be along side each other for some years...

The CBI warned people to not print fake news as to create confusion for the citizens,

just like they warned people not to take advantage in regard to the currency,

as they will have similar value in country.. imo.

All part of the plan that is imo underway.. imo.

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6-26-2018   Newshound/Intel Guru Walkingstick   [via sunny]   

PCC [Partial convertible currency], 

by definition is a currency sold with low volumes on the FOREX.  

 

 

Well, there is such a thing as PCC.  Now, if we only could find out if the rest of it is true.

How do we find out if the Dinar is a PCC on FOREX?

 

https://www.kantox.com/en/glossary/partially-convertible-currency/

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10 minutes ago, Floridian said:

6-26-2018   Newshound/Intel Guru Walkingstick   [via sunny]   

PCC [Partial convertible currency], 

by definition is a currency sold with low volumes on the FOREX.  

 

 

Well, there is such a thing as PCC.  Now, if we only could find out if the rest of it is true.

How do we find out if the Dinar is a PCC on FOREX?

 

https://www.kantox.com/en/glossary/partially-convertible-currency/

Me I will assume when I get Adams text

its on the forex 

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Yikes, Thug. Either someone doesn't like you quoting DipStick, Frankie2sick and Fictitiousman or...……

you stepped on Luigi's bathrobe tie, revealing the true value of the dong. :facepalm1:

 

You've been fixed. Not like a dog 'fixed' but...you get the idea. :lol:

 

 

Edited by King Bean
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3 hours ago, King Bean said:

Thug told me this would be a good look for my upcoming

           trip to the Reno redemption center. 😎🌞

 

   Related image

 

 

Thx KB - And That’s A Great Look On U But Next Time Try Wearing A Red Speedo To Help Bring Out Ur Bloodshot Eyes ! :o 

 

Related image

 

:D  :D  :D 

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6-27-2018   Newshound Guru Kaperoni  

The Arab International Banking Conference is coming up at the end of this month on the 28th 29th in Paris.

Iraq is participating with a fairly large high level delegation. 

Iraq plans to use this opportunity to strengthen cooperation between Iraqi banks with foreign correspondent banks.  

In order to prepare the Iraqi banking sector to move towards global prospects.  

That sounds to me like they're getting ready to open up to the world's financial system.

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16 minutes ago, DinarThug said:

6-27-2018   Newshound Guru Kaperoni   The Arab International Banking Conference is coming up at the end of this month on the 28th 29th in Paris.

 

Somebody Tell Klap He Better Jump On The Paris Hilton Before It’s Filled ! :o 

 

:D  :D  :D 

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38 minutes ago, siberian_shaddow said:

Yeah I would say someone likes throwing red stones at our clown, added to the fix. Keep bringing it Thugs. 

Hey Siberian guy !  Hope all is well with you my friend ..  you know these guys keep popping up numbers , at some point they do get some what close to the truth ---- sometimes 😁

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7 hours ago, DinarThug said:

well imo that currency we await imo will be similar to the ones we and they have now,

just less the zeros.

 Imo to not have confusion,

they will be similar to the old in nature,

art work, size, color, etc...  

They will need to be, 

as they will be along side each other for some years...

The CBI warned people to not print fake news as to create confusion for the citizens,

just like they warned people not to take advantage in regard to the currency,

as they will have similar value in country.. imo.

All part of the plan that is imo underway.. imo.

Who the hell is this imo guy he keeps referring to? My guess, no I'm thinking it's more of a reality, is that when it shows as a change in rate on the CBI website, then it will be a fully convertible currency. I do like the rate, 1.70-2.00. Gee do you think he reads dinar vets forums?🤓

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Are U Feeling A Bit Randy Baby ? :o 

 

Image result for austin powers randy gif

 

:D  :D  :D 

 

 

 

6-27-2018   Newshound/Intel Guru Randy Koonce   Another hot topic:   

Cards being loaded.  This is Card Crap. 

In the Kurdistan region,

they use cards because they did not get bombed. 

The Baghdad area does not have great infrastructure. 

They have 6 ATMs and 4 of them do not work,

except in Green Zone. 

So the Card stuff...it does not impact us.  

So, in summary:  

You do not care if it has 'RV'd in Iraq or not; the cards do not matter to us...

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We have a rate. Now we have a date.

OOOTAH says it could go tonight or within 48 hours.

 

this latest just in....

27 June 2018  KTFA....
Adeleon4:  Here is something you all probably know but I liked the sound of "The important announcement " to be made...
Head of the Association of Iraqi Private Banks, Wadih al-Hanalal, said during the opening of the conference, which was attended by “Economy News”, that “the conference is key to closer Arab-European relations, especially French,” adding that “the Arab Banks Conference, which will start on Wednesday in Paris, Which will be the announcement of a very important message directed by the Iraqi banking sector to European banks, and open prospects for dealing with correspondent banks.
Al-Hantal said that “the Iraqi banking sector working in the country of 70 banks spread throughout Iraq, along with Arab and foreign banks.”
 

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