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The strange monetary policy and the strange exchange rate in this wondrous economy THURSDAY, 12-17-2020, PM 5:33 KARRAR AL-ASADI Written by: Dr. Emad Abdul Latif Salem - The price of the dollar against the Iraqi dinar in the market now (Thursday 12/17/2020), ranges between 1330 and 1340 to 1350 dinars per dollar (up and down). See the link below. - The Central Bank continues to sell the dollar at the currency sale window until Thursday 12/17/2020, at 1190 dinars to the dollar. (See the link below). - Since last Monday 12/14/2020, and until Thursday, 12/17/2020, the price of the dollar against the dinar (in the market) ranged between 1290 and 1340 dinars to the dollar (up and down). - To counter the rise in the price of the dollar in the market, the Central Bank sold 872,794,644 million dollars through the currency sale window (within only four days, from last Monday to this Thursday), at a price of 1190 dinars to the dollar. - If we add the central bank's dollar sales last Sunday 12/13/2020 (amounting to 202,311,848 million dollars) to its sales for the past four days, the total sales of the central bank of dollars through the five-day currency sale window will amount to 1075,106,492 million dollars ( That is, one billion and 75 million dollars). - With all these "generous" sales, the price of the dollar (in the market) continues to rise against the dinar. Is this a sound and wise monetary "policy"? Is this even a monetary "policy"? The Central Bank accuses "analysts" of raising unfounded expectations about its intention to raise the "official" exchange rate of the dinar against the dollar, and that this is the main reason behind the rise in the dollar price in the market !!!! If "the parsers were wrong, what did he do in return?" And if these "analysts" were wrong, when they demanded a review of the current exchange rate of the dinar against the dollar, was the Ministry of Finance also at fault, when it asked the Central Bank in the "white paper" what was mentioned in a text in p53 of it, about the necessity of "studying the price The current exchange of the dollar against the dinar, taking into consideration the requirements of financial and monetary stability, and achieving the competitiveness of the Iraqi economy. ????? Where is the "coordination" between the fiscal and monetary policies, to define priorities, objectives, and general economic policy directions in this country? Will every "maker" of politics in this country still sing about "Layla" ... so that we can get from this "orchestra", which has no "leader", this discordant "rhythm"? Is the monetary policy "wise" or "appropriate", or "responsive" to a situation like this, is for the bank to continue pumping more "cheap" dollars into the market (at a price of 1190 dinars to the dollar) for the "buyers" to sell them in the market, at prices ranging from 130, to 134 thousand dinars to the dollar ??? Who benefits from this cash "mess" in the end ?? And whenever the price of the dollar rose against the dinar (in the market), the bank sold hundreds of millions of dollars every day in order to maintain the current exchange rate of the dinar against the dollar? Can the central bank continue its policy for a long time, and defend the current exchange rate of the dinar against the dollar, indefinitely? This is difficult, and very difficult, if not impossible. Are ordinary people ... Are the poor ... Are vulnerable groups of the population the beneficiaries of this situation? And if they are not the beneficiaries of this "mess", then who is the ultimate beneficiary of such a monetary "policy"? I will not suggest anything here. In the central bank, as in its board of directors, as in the whole of Iraq, there are "minds" and experiences that can distinguish between right and wrong, and can formulate policies, and can provide solutions, and set priorities, and it is assumed that they have a minimum This is called a "sense of proportion", meaning the distinction between important and most important things. We cannot afford to waste any more time before our financial and "monetary" collapse ... Nevertheless, we will wait. We will wait ... hopefully the "miracle" that saves us all (Iraq, us, and this wondrous economy) will happen from what we are. Data source: https://www.cbi.iq/currency_auction https://cbi.iq/currency_auction/all link The representative economy and the central bank governor discuss the window of selling the currency and the instability of the dollar exchange rate 12/17/2020 17:53:47 The Parliamentary Economic and Investment Committee headed by Representative Ahmed Salim Al-Kanani and its members attended, Thursday, Mustafa Ghaleb, governor of the Central Bank. The meeting discussed the central bank's work on the window for selling the currency and the instability of the dollar exchange rate, as well as the central bank’s monetary policy plan and the governor of the central bank gave a detailed explanation of the work of the central bank and selling the currency through the single window. Al-Kinani added that the committee is working to prepare a detailed report on the work of the central bank and how to control the window for selling the currency through practical procedures presented to the central bank, monitoring imports and excluding false imports, calling for accountability for violating and lagging banks and imposing financial penalties on them. Central Bank of Parliament Governor for Parliamentary Finance: We are preparing to launch a package of measures that achieve a displacement balance in the exchange rate 12/17/2020 18:08:46 Hosted the Finance Committee headed by Deputy Dr. Haytham Al-Jubouri and the attendance of the ladies and gentlemen of the members, on Thursday 12/17/2020, the Governor of the Central Bank, Mustafa Ghaleb Makhaif, to discuss the economic crisis and the implications of the high exchange rate of hard currency on the Iraqi market situation. During the hosting, which was held at its headquarters, the committee focused on ways to confront the negative repercussions of the increase in the exchange rate on citizens, especially the vulnerable and poor classes, as well as the measures that the Central Bank will follow towards banking companies to deter the weak from exploiting this situation. The committee called on the government to carry out rapid reforms to protect the vulnerable classes and those covered by the social welfare network and workers in the private sector, confront inflation and provide the necessary foodstuffs through the ration card. The Governor of the Central Bank provided an explanation on the reasons for the high exchange rate, stressing that the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021, such as launching an initiative with an amount of 3 trillion to support low-income people, doubling the provision of hard currency in the market, and increasing interest rates. On the Iraqi currency deposited in banks. ########### LINK Central Bank Governor: We will double the availability of hard currency in the market during 2021 18:06 - 12/17/2020 The Governor of the Central Bank, Mustafa Ghalib, announced, on Thursday, that it will double the provision of hard currency in the market during 2021. The Parliamentary Finance Committee said, in a statement received by the information, that “discussions were held with the governor of the Central Bank regarding an increase in the currency exchange rate,” indicating that it “focused during the hosting on ways to confront the negative repercussions of the increase in the exchange rate on citizens, particularly the vulnerable and poor classes, as well as The procedures that the central bank will follow towards banking companies. The government called for "rapid reforms to protect the vulnerable classes and those covered by the social welfare network and workers in the private sector, confront inflation and provide the necessary foodstuffs through the ration card." For his part, the Governor of the Central Bank said that the bank “is ready to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021, such as launching an initiative of $ 3 trillion to support low-income people, doubling the hard currency supply in the market, and increasing interest rates on the Iraqi currency deposited in banks. “. A member of the Parliamentary Finance Committee, Abd al-Hadi al-Saadawi, confirmed in a previous statement to "the information", that the rise in the dollar exchange was not according to a governmental approach and an economic policy, but rather as a result of confusion in the management of the Central Bank. ############ Central Bank: We are preparing to launch a package of measures that will achieve a balance in the exchange rate LINK

Man, did Adam know what he was talking about!!! He said, "Bring on the bad news." Darn right it's smoke and mirrors. This is about to pop. Sunday would be just fine.

1450 sounds like $1.45 to me!!!! 😬

Too bad, such a waste of OUTSTANDING brilliance, knowledge and character, with such in depth knowledge of whatever topic she speaks!!

Where do you guys see rv I'm missing something?

Good Evening DV, here's a few opinions & comments that might be of interest to you. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Footforward [Q? : Has anyone else heard that the dinar has devalued even more. That they are planning on declaring bankruptcy?...] Hearing all the rumors and I think this is excellent news! Rumblings about this are designed to get people to sell...I've felt this would happen at the end... *** Jeff Iraq will not change [the rate] until Iraq announces to you...that Kurdistan and Baghdad have reached an agreement and they have to tell you they've completed the '21 budget and then it's approved. They have to tell you those items... *** Pimpy We need this budget (Iraq's 2021) to get past so we can have an idea of what's going on with the rate change. We'll keep an eye on it. We know what's in there. We just need Erbil and Baghdad to get their you know what together... *** Adam Montana [Comment: ...yesterday when i read that they are thinking of devaluing the dinar my heart missed several beats. all i have is hope so, hoping that that is a huge smoke screen...] That's exactly what we want them to say - they aren't going to say "well (WORLD) we are going to raise the value..." They want to rake in as much outside paper as possible, and then RV. I hope the news gets even worse, "soon"...I'm saying what I am saying because it's the truth. BRING ON THE "BAD NEWS"!This post was taken from another site that follows Adam's Opinions and posts snippets from them. See Adam's full chat at: Adam Montana Weekly 16 December 2020 *** Footforward [Question: I saw this video from a "Dinar Investor" who insists that Iraq's Fiscal Year doesn't start until April 1st, and therefore we will probably have to wait until that time frame before we see anything. Is he right about an April 1st start to their Fiscal Year. He said he has "Proof" that is true. What do you know about this?] The fiscal year doesn't matter one iota in my opinion. *** Jeff ...the rate is not going to change by the end of December. Here's the hard facts...The rate can only change at the beginning of Iraq's new budget fiscal period...Iraq is walking in Kuwaits footsteps. Kuwait changed the rate March 24th 1991. Iraq is going to most likely follow a similar pattern. Kuwait did it on March 24th of '91 simply because they were waiting on their new fiscal year budget period starting April 1st. I know for a fact that is also Iraq's fiscal year. I have confirmed it from a contact that works directly for the government of Iraq... *** Frank26 ...in my strong opinion the tellers are now going to be introduced to new counting machines...they have the software for the new small category notes that are going to be introduced to the citizens. The tellers this week will be learning the new protocol of the currency and of the new banking system...with their right hand they will hold the new small category notes in order to practice how to use the machine in their left hand. One needs the other...

I have a few issues with the ton of articles saying the dinar rate will devalue down to 1450 per dollar.. 1, have you noticed there has been a huge amount of articles all saying the same thing letting the public know that this is coming this Sunday, but not a single article from the CBI confirming this.. 2. We all know how this move would really hurt the Iraqis purchasing power, especially the very poor. Something they have been threatening and have admitted they wouldn’t be able to do to the citizens because it would really hurt them. 3. Iraq has signed multiple reform papers with other Countries to reconstruct their Country. If they use the dinar they would be increasing the price of goods bought by 20% automatically right before they start buying all of the supplies they need on ALL of these imports. This doesn’t pass the smell test for me. My thought is they may indeed do this, or say they will do this to scare the people into turning in the chunky dinar money, putting it into the banks and back into circulation, then Bam... we have an RV that the people can’t benefit from.. Also, if it’s true that they can only change the rate at the end of a fiscal year (like Dr Shabibi may have said years ago), and their fiscal year ends Dec 31st, then this coming Sunday or next is all that’s left this year.. Time will tell but I think this is most likely an RV in disguise.. Now that everyone knows the rate is changing this weekend it won’t be a shock to see the government changing prices on everything..

This could get really interesting. Late 2020 and 2021 is looking to be exciting in many was. The Dinar and crypto have the capability to be life changing for all here.

Why can't Christians own weapons ? The bible is full of Christians fighting their enemies; thieves that come to kill, steal, and destroy in the night. My Christian son was in the Marine Corp for 5 years, and got his Marksman in Boot. Why are you intimidated by a man pictured with a weapon? If others defund the police, the stupidest thing ever to support, we will have to protect ourselves. Stupido .

( IQD Rates - Updated: Thursday - 12/17/2020 ) Official Central Bank of Iraq (CBI) Dinar Rate: 1190 IQD to 1 USD Dinar Market Rate: (CBI last reported 12-14-2020) * No Change 1296.954 IQD to 1 USD Note: this is a 9% deviation from the Official Rate - Rates Are Within IMF 2% Rule: No - Are Rates IMF 2% Rule Compliant for 90 Days: No Have a Blessed day Everyone - GOD is Good ... Ron

This man is in DEEP TROUBLE!

U just got to have ur rv glasses on , maybe 2 pairs doubled up 🤣

Yeah this is all a setup to scare the citizens into bringing ALL their dinar into the banks before a 25-30% devaluation period!! It’s actually pretty smart to do it this way even though it screws the citizens. The CBI has never been able to get all the mattress money into the banks only very little in the past. So this will absolutely help them reduce all the dinar on the streets right before an RV. I believe we are close and between now and say January 5th, 2021 we could very well finally see this RV IMO!! Fingers crossed folks let’s hope this is it!!

Yes Trump Will Win 48,013 views•Dec 14, 2020 Cotacto Data 2 days ago I am from Argentina, Latin America, and let me tell you something my friend: Trump is now OUR president too. He is the president of the free world right now. American people, please, you must fight till the end !! We are with you, we support the best man in the earth, we support President Donald Trump Rusty Lamb 2 days ago Guns god and trump how long till YouTube deletes this one. Trump must win to save our country R.C.J. Bozelli 2 days ago Trump won in a landslide; in fact, he broke their evil algorithm. Without that, we never would have know about the rigged Chinese voting machines & massive, coordinated fraud. Trump will be inaugurated Jan. 20.

You’re not missing anything a dinar rate of 1450 would make it worse for the citizens so if they do this move I bet it’s only for a very very short period of time then they drop the zeros and revalue the currency to $1.45 it’s the only thing that make sense to me!! The citizens would riot like no other time since now their money would be worth 20% less!!

“According to the leaked draft of the federal budget law for 2021, it included fixing the exchange rate of the dollar against the Iraqi dinar on the basis of {1450} and a deficit that exceeded 58 trillion Iraqi dinars.“ and “draft is not final and subject to modification.” Like I said yesterday.. sounds like $1.45 to me!! LETS GO!!!!

https://www.nordeatrade.com/se/explore-new-market/iraq/accounting?vider_sticky=oui

Luigi found this article of Dinarian interests... CBI says a rate change of the IQD against the Dollar is coming on Sunday. Treat as a rumor. Not varafied. Your opine. Guru Jeff: ARTICLE: CBI sets a new price for the Dollar starting from Sunday. A bunch of articles have come out where they're talking about physically changing the rate this Sunday. Actually saying the rate which means devaluing the currency. They're telling you in the news that they plan or intend to change the rate, Sunday.

Smoke screen we all hope! Thanks 6ly410

". . . this wondrous economy " said Dr. Emad Abdul Latif Salem Bartender, I'll have what he's having thanks !!!!

Iraq news now Economist: What happened today is a “game” whose goal is to withdraw the money supply from the market to achieve a political goal Posted 4 hours ago https://iraqakhbar.com/2811244 News source / Baghdad today News source / Baghdad today Baghdad today - Baghdad The economic expert, Rasim Al-Akidi, spoke today, Thursday, about political levers that caused the dollar to rise against the Iraqi dinar recently. “The budget is a hypothetical government vision of the financial and economic reality,” said Rasim al-Aqidi, in an interview with (Baghdad Today), indicating that “the recent leaks of the budget in the media were exploited by political and partisan fronts to strike a preemptive strike on the government by withdrawing the dollar that it bought at an official price. From the state from the window of sale of the dollar ”. Al-Aqidi added that those interfaces “began to sell dollars on the black market and not to importers in an attempt to control the largest possible amount of the Iraqi monetary mass, especially since the government, within the budget leaks, raised the dollar exchange rate to 1450 dinars per dollar, in an attempt to control the exchange file and withdraw Monetary block ”. And he continued, "They are trying to reduce the government’s space to expand and control the file of the dinar and dollar exchange rate, before it begins its procedures in implementing what is included in the budget, especially raising the dollar exchange rate to 1450 dinars per dollar." At the same time, the economist considered the possibility of increasing the price of fuel, "a catastrophic development that will lead to a significant increase in prices." The local markets witnessed, this afternoon, Thursday 12/17/2020, a decrease in the exchange rates of the dollar against the local dinar after a big jump in prices since the early morning hours. And the impact of the leakage of a preliminary draft of the 2021 budget on the exchange rate of the dollar, as its exchange rate jumped to 138 in some exchanges in Baghdad and a number of other provinces, as it carried the leaked budget text, the government's adoption of a financial plan, in which the exchange rate of the dollar would be 145 thousand For every $ 100. During the last hour, the dollar’s exchange rate decreased, reaching 132,000 dinars in the Al-Kifah Stock Exchange in Baghdad for every 100 dollars, while in the central and southern governorates, the dollar exchange rates came as follows: Basra 130 thousand dinars for $ 100

I heard something about the Supreme Court. Of course it is Third Party Hearsay but interesting none the less. Campaign 2020 Texas Electoral College Vote Go to 01:32:36 of the above video what the recorded video | see below the transcript. MR. CHAIRMAN, MATT PATRICK, CONGRESSIONAL DISTRICT 32. I SPEAK AGAINST THE AMENDMENT. I WOULD LIKE TO LEAVE THE WORDS IN THERE. I WISH I COULD GIVE YOU A SPECIFIC CITATION FOR THIS, BUT I DIDN'T MAKE NOTE OF IT BECAUSE IT IS SOMETHING I READ THIS MORNING AND DIDN'T KNOW WE WOULD BE PRESENTING THIS AMENDMENT YET. THERE'S A REPORT AVAILABLE ONLINE THAT WAS WRITTEN BY SOMEONE WHO IS A CURRENT STAFFER FOR ONE OF THE SUPREME COURT JUSTICES. I WILL DESCRIBE THE REPORT THAT I READ AND YOU CAN MAKE OF IT WHAT YOU WILL. HE SAID THAT THE JUSTICES, AS THEY ALWAYS DO, WENT INTO A CLOSED ROOM TO DISCUSS CASES THEY ARE TAKING OR DEBATE. THERE IS NO PHONES, NO COMPUTERS, NO NOTHING. NO ONE ELSE IS IN THE ROOM, EXCEPT FOR THE NINE JUSTICES. IT IS TYPICALLY VERY CIVIL. THEY TYPICALLY DON'T HEAR ANY SOUND, THEY JUST DEBATE WHAT THEY ARE DOING. WHEN THE TEXAS CASE WAS BROUGHT UP, HE SAID HE HEARD SCREAMING THROUGH THE WALLS AS JUSTICE ROBERTS AND THE OTHER JUSTICES WERE INSISTING THAT THIS CASE NOT BE TAKEN UP. THE REASON, THE WORDS HEARD THROUGH THE WALL WHEN JUSTICE THOMAS AND JUSTICE ALITO WERE CITING BUSH V. GORE FROM JOHN ROBERTS WERE "I DON'T GIVE A -- ABOUT THAT CASE. I DON'T WANT TO HEAR ABOUT IT. AT THAT TIME, WE DIDN'T HAVE RIOTS." SO, WHAT HE WAS SAYING WAS THAT HE WAS AFRAID OF WHAT WOULD HAPPEN IF THEY DID THE RIGHT THING. AND I'M SORRY, BUT THAT IS MORAL COWARDICE. AND WE IN THE SREC, I AM AN SREC MEMBER, WE PUT THOSE WORDS IN VERY SPECIFICALLY, BECAUSE THE CHARGE OF THE SUPREME COURT IS TO OPENLY BE OUR FINAL ARBITRATOR, FINAL LINE OF DEFENSE FOR RIGHT AND WRONG. AND THEY DID NOT DO THEIR DUTY. SO, I THINK WE SHOULD LEAVE THESE WORDS IN BECAUSE I WANT TO SEND THIS MESSAGE TO THEM. THANK YOU. [APPLAUSE] .

Agreed Greg I think this is a play to get in as much dinar mattress dinar as possible right before the RV! The CBI has never been able to accomplish this or have had little effect in getting people to open bank accounts and deposit their dinar. The 7-10% interest rate when your currency is only worth 1/10th of a penny is not enough to accomplish this task! So now they have taken this approach hey we are going to lower the worth of our currency this Sunday by 20+% so what most Iraqis will do is bring in as much dinar as possible and exchange it for the US dollar! Also one of the articles says to change the rate to 1450 has to be voted on through Parliament..lol..that us absolutely not true the CBI is an independent agency they can and will change the dinar exchange rate whenever they want to it never gets voted on through Parliament! But with all these crazy articles circulating you can bet it’s scared most Iraqi citizens and they will bring in their dinar to exchange beforehand. So if the CBI gets enough by this weekend they do it then or again we will see articles of them postponing this until the following Sunday bet on it! As a reference Kuwait absolutely did say they were not going to raise the value of their currency and then the next day opened it up I Believe it was over $3.00 and it floated all over the place as high as $7 if I remember correctly but I absolutely read the full page ad they did on this! So is Iraq going to do the same thing we all hope so! This could all be a smoke screen and instead of dropping the exchange rate to 1450 Iraq could RV at say $1.17 instead! Or Iraq could absolutely lower the exchange rate to 1450 this Sunday and keep it their until the end of the year with more scare article saying hey we may lower it again to 1600-1700 to get every single dinar they can off the streets there and then on January 1st RV this thing! Personally I think they will do this second option and actually drop the exchange rate to the 1450 before revaluing IMO!! Exciting times either way!

No matter what we seem to be sitting in a really good place right now! Iraq could be bluffing about lowering the exchange rate to 1450 to get all the dinar in the banks ASAP right before they RV and they could just RV this Sunday or a Monday instead who knows!

So a Q hat wearing guy, with a rifle, and a sign saying " love a group in house like that" or something like that in the background. These things got you and your "friend" started down this bigoted anti Christian bunny trail of yours. Not very unifying Shabi-cad . If you want unification we have to get back to being able to agree to disagree with those who hold different opinions from yours/ours . Y'all could be reported for that one. Jmho.

If Pres. Trump was not duly elected, no matter what the demoncraps claim or not claim, he would not have been sworn into office. The term DULY means that proper procedure was followed. A non-duly elected President would actually be Biden since there was widespread and systematic election fraud going on in the election. Biden could be considered a non-duly elected President because fraud by its very definition means that proper procedure was not followed, i.e. the changing of the laws by everyone but the legislature. There is nothing to show that President Trump was not a duly elected President other than claims. There is evidence to the contrary of this most recent election. Again just because someone claims there isn't doesn't mean that is the case.

We all own undervalued IQD too....doesn't get anymore common ground than that. GO RV, then BV

Common ground on DV.... Awesome! CL

I suspect its from the rumored 1450 Dinars to 1 greenback. If that happens then moving over 3 decimal places ( removing 3 zeros ) would make the dinar $1.45 each. Hope this helps, if I'm wrong Dinarrock will clarify. pp

http://www.alliraqnews.com/modules/news/article.php?storyid=105324 Parliamentary Finance talks about measures regarding the dollar's price and salary deductions Editing date: 12/18/2020 18:15 • 17 times read [Baghdad-Where] The Parliamentary Finance Committee said, Friday, that "the central bank will take measures regarding the exchange rate of the dinar." She stressed that "the government is responsible for the high price of the dollar, not the central bank," noting that "the budget leak has an impact on the market situation and on the citizen." "The employee's salaries cannot be deducted twice, the first by raising the dollar exchange rate and the second from the allocations," she said. Yesterday, the media published a leaked draft of the General Budget Law for 2021, which included deductions for employees' salaries

Parliamentary Finance: The Central Bank will take measures regarding the exchange rate of the dinar Political | 05:57 - 12/18/2020 Shttps://www.mawazin.net/Details.aspx?jimare=134727 Baghdad - Mawazine News The Parliamentary Finance Committee confirmed, today, Friday, that the governor of the Central Bank will take measures regarding the exchange rate of the dinar. A member of the committee, MP Ahmed Al-Saffar, said, "The leaked budget project is not official, and no one knows who is behind its diversion, what is the purpose of its diversion, and what is meant by the diversion," noting that "the leakage of the budget affected the market situation and the citizen's psyche." . Al-Saffar added that "the financial committee met with the governor of the central bank, and that there are some measures that the governor will take," noting that "the committee is continuing to follow up the matter, and is awaiting the arrival of the draft budget until it has its own opinion in this regard

economic news https://al-iraqinews.com/archives/87055 Conscious / Parliamentary Finance: The Central Bank will take action on the exchange rate December 18, 2020 4 Views Conscious / Baghdad / M.A. Today, Friday, the Parliamentary Finance Committee confirmed that the central bank governor will take measures regarding the exchange rate of the dinar. A member of the committee, Representative Ahmed Al-Saffar, said in a press statement that “the leaked budget project is not official, and no one knows who is behind its leakage, what is the purpose of its diversion, and what is meant by the diversion.” Citizen ”. Al-Saffar added that "the Financial Committee met with the Governor of the Central Bank, and that there are some measures that the governor will take," noting that "the committee is continuing to follow up the matter, and is awaiting the arrival of the draft budget until it has its own opinion in this regard

Parliament clarifies the fact that the government entered into negotiations with the international monetary system to reduce the price of the dinar December 16, 2020 Deputy Speaker of Parliament Bashir Al-Haddad denied entering the government in negotiations with the International Monetary Fund to reduce the price of the dinar against the dollar. Al-Haddad criticized in a statement what he described as irresponsible statements by some personalities and parties who claimed that the government agreed with international institutions in this regard, stressing that the only body authorized for such statements is the Central Bank of Iraq only.

It makes more sence for Iraq to come out at 10 cents and go up and make money on the spread all the way up to where ever the market takes it.

🙏🙏🙏

Only in your mind.

Targeted by the deep state: Flynn tells all 15,811 views•Dec 17, 2020

This is probably how most of us feel, after being in this Dinar Investment for all these years!

gooooooooo RVVVVVVVVVVVVVV

The tangled web the Bidens have weaved 26,705 views•Dec 17, 2020

Come on CHUNKY MONEY!!!!!!!😂

EXCLUSIVE: Rand Paul goes off on 'dictator' Governors, irresponsible Democrats 91,863 views•Dec 17, 2020 Janet Shaw JD 3 hours ago Haha. Did you catch that ? We are doing better than Obama’s whole term .

As long as it is REAL soon and not Iraqi soon😎

This is how I see it. If a have 5 million dinars stashed at home and I see in the news, radio, newspapers that the CBI is planning to devalue the dinar from 1190 to 1450, I will looking like crazy to buy dollars to protect my saving from devaluation. Fear of a devaluation will make people buy dollars I’m starting to believe this could be a CBI strategy to increase financial inclusion and collect more 000 notes and reduce monetary mass Dollarization.... RV...... Dedollarization Go RV Go $1:1 Go 2021

I have come to the conclusion that everyone who runs the country of Iraq, including the independent Central Bank, are a bunch of booger eating Morons. The dollar has hit its lowest price point in two years and is sinking like a stone. Now The CBI wants to devalue their currency against a depreciating dollar? Thats a 18% decrease from where its at now. When the dollar falls more, increase that loss of value. Glad I bought a ton of XRP at .22, I wont be looking for any windfall from this venture anytime soon.

Things will never come out "equal" - That's why an RV is actually possible. Iraq lost a ton of equity/cash/value when they devalued thanks to Saddam. When they ReValue, they are just getting back to their "normal". The globalist talk about a "reset" has a ton of losers, and it won't happen. Iraq resetting their value is just one country, with a lot of winners, and not many losers. It's a tiny event that won't rock the entire world, even though our world will be rocked. We are little people. Iraq is a little country, in the grand scheme. While I think a "global reset" would possibly be amazing, and do amazing things, it's also amazingly improbable. The Iraq RV is another story. It's likely, and it's likely soon.

Totally agree!! Nothing, nothing, nothing, suddenly something...