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He explained that "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days." Positive changes are coming! Go Stronger Dinar Go purchasing power

I think Iraq wants to be international. They want to be a Mid-East hub of all things. They are laying the foundation for the world to come in, invest, and build, and be attractive to companies and investors around the world. That has to include making the Dinar international. It's only a matter of time, and as slow as they seem to be, it looks like they are closer than ever. On the precipice. At the doorstep. Crossing the threshold. Closer than farther. Almost there. We can see the light at the end of the tunnel. Could happen any day now. Don't blink!!!!

I don't know about the 5%, (haven't done the math) but KristiD is correct on stabilize rate, which is the Official exchange rate that the CBI sets, I believe the CBI takes 7 dinars per hundred usd and the black market, exceeds that which is the problem, which is preying on the locals. I see post here that folks are focusing on "when they gonna change the Exchange Rate", 1305 local and 1310 international transfer. The spread needs to be inline with the CBI, that the focus, which is stability. Then when the CBI feels that under control, they can add Purchasing Power, even at 1305 local 1310 international which is Official rate set by the CBI...anyhow that my IMO, will be keeping an eye on articles about the Minister of Foreign Affairs Fuad Hussein, he been dealing with Arab League and Syria coming back to join that group with Assad, this last week..

I don't recall EVER reading a rude, a killjoy or a smarty-pants post from you. Your posts are always well thought out and respectful...besides, the aforementioned is my department. Being a horse's azz is what I does. All the Best to you...and may these donkeys get the IQD Globally recognizable quickable like. 20 years, EEESH...Cmon Man

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... So, take everything with a grain of salt ... RON MarkZ Article: “CBI sells +$216 million in forex on Monday” This just means they sucked a tremendous amount of dinar off the streets. From foreign people trading things and buying things. $216 million in USD is $281 Billion in Iraqi dinar that was pulled off the streets. We are watching them do everything they need to do to increase the value of the dinar…they are preparing for it. Where in the world did this article come from..? Why in the world would the CBI need to sell US$ on FOREX..? Pimpy It's the same gibberish going on out there. How many millions of different times can you say that we're just waiting for the budget to be approved? Frank26 When you see all the things they're doing you can't help but scratch your head, how? Your currency is worth less than seven tenths of a penny compared to the American dollar. How? ...These next few days when they open up the budget it's going to open up a new chapter. We're all hoping so..! Clare Article: "Al-Rafidain directs the collection of taxes and customs fees in Iraqi dinars" Quote: "Al-Rafidain Bank directed its branches at the border crossings to collect taxes and customs fees in Iraqi dinars instead of dollars...The bank also decided that the receipt of the stamp fee will be in Iraqi dinars, noting that this step is in support of the national economy and strengthening the currency of the Iraqi dinar."

Some people are getting too overly excited. The article does say cards paid in dollars for companies. So my feeling is they have to change the system to be paid in dinars as everyone knows Iraq has made it illegal to use the dollar. So it seems to me they have to change cards to pay in dinars now. Remember Iraq is changing their complete systems to eliminate the dollar. Stay grounded. JMHO

Excellent break down! I saw that this morning as well. Like you mentioned I believe we all want to wake up and see a massive change in value but conventional wisdom might make a gradual float alot easier for Iraq to manage. Honestly the fact they banned the USD in the country had me the most excited yesterday. That will make the IQDs value increase no matter what if it's the only thing being used. Now the question is, how long will this increase take to get where we start lining up at the banks. GO RV/RI

Just to clarify why I, and others, see this as potentially the beginning of the RV. It seems like some others don't see what we see so I want to explain why I'm so excited about this. Iraq must have a stable currency before it starts to change the rate. If it can't maintain a stable rate now while it's almost worthless, how could it have any hope of maintaining a stable rate when the rate is allowed to rise? Iraq has been working hard to stabilize their currency (which, for the last couple of years, has been varying a lot between the CBI rate and the black market rate), and with this move (making people and businesses only use dinar), they're taking a big step to do that. While we all hoped Iraq would start with a bump (starting at $0.10 as Adam thinks or hopefully a lot higher), there has always been the possibility that Iraq could start with a float at the current rate, and then let it gradually go up from there. Now It looks like Iraq has chosen the later. I see the advantage in doing that since it surely is less risky, even though of course I'd prefer a big bump and then the float. But at least, after 12 years, it's some movement an I'm excited and thrilled to see this. So the Iraqi youtuber I follow posted the following today. It's from the Deputy Prime Minister and Minister of Foreign Affairs (I believe he is Fuad Hussein), who supposedly gave a press conference yesterday, and the youtuber posted a screenshot of the translation, which I copied below. He did not provide a link and does not read replies or accept messages, so I can't ask him for a link. But I'm hoping some good Iraq newshound here (like yota?) could find the article so we can verify it's true. I tried to find it myself for almost an hour, but couldn't. Anyway, The Deputy Prime Minster said the CBI has loosened its control of the IQD rate and now will only step in to stabilize it if the rate varies more than 5%, whereas before, the CBI strictly kept the rate fixed. If this article is true, then I say the CBI has already quietly moved to a "restricted" float - and I think that's the beginning of our long awaited RV. Although we all wanted a bump in the rate, I actually think this is a wise move, as we certainly don't want wild swings in the rate with the possibility that the whole thing falls apart and Iraq fails in its effort to successful RV the dinar. I do think this article is likely true because I trust the youtuber. But I still need to verify the source to confirm that, because if the source is unreliable, I won't believe it. And If we can verify that this article is true, then I think it means our train is taking off, albeit slowly, but at least it's finally starting to move. I have no idea how long it will take for the rate to significantly rise to a point where we'll want to exchange our dinar; we'll just have to watch this unfold and see. But first, we need confirm if the below statement is true and that the CBI is already letting the dinar vary/float with the market a little. And then, we need to watch this unfold and see if the CBI is able maintain control and manage the process of letting the rate slowly rise to the true market rate. Also I do not expect the CBI to allow the rate to rise much in the beginning. I think that will happen later after the CBI feels confident it has control over the process. So these are my current thoughts about all this. And any comments or discussion of my reasoning will be appreciated!

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... So, take everything with a grain of salt ... RON Frank26 I know we were looking for Tuesday or Wednesday for the budget to be completed and it should have been but look it's the Middle East. You already know nothing happens quickly in the Middle East. That's just the way it goes. That's a fact of the Middle East...Don't get frustrated. Don't get angry about it. Remove the frustration and replace it with a focus of the truth, the truth that they are telling the citizens what is about to happen with their currency, with their monetary reform. Clare Article: "The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains" Quote: "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days." System, or currency value..??? Mnt Goat I have to say it is all very good and the CBI and GOI are working together to move in the direction they need to take for us to very possibly see the reinstatement back to FOREX (Foreign Currency Exchange) by June or about. There are no obstacles. They must have a budget passed and in place. Also they must have agreements for the oil and gas law... we may be in the window to finally see this RV to the end... We will just have to sit tight and wait this one out.

The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains Time: 05/18/2023 15:15:17 Read: 2,756 times {Economic: Al Furat News} An informed source revealed that the Central Bank of Iraq suspended most of the electronic payment cards, including the Master Card, due to a regulatory process. The source told {Euphrates News} agency that: "All banks and banks to which cards were issued by electronic payment companies, including {Soj}, Ishtar Gate and Qi Card, are currently suspended according to the decision of the Central Bank since last Thursday." He added, "Maybe there are three banks that are still working with their electronic cards, since they are the ones issuing them, and they are also awaiting settlement." The source pointed out that "MasterCard's entry into Iraq was delayed due to the Central Bank auction, and it is paid in dollars, which are issued exclusively to companies by the Central Bank." He explained that "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days." https://alforatnews.iq/news/البنك-المركزي-يعطل-جميع-بطاقات-الدفع-الالكتروني-ومصدر-للفرات-نيوز-يوضح

you are funny HS and have a great sense of humor sometimes i just gotta put a disclaimer on it , the typed word doesn't come across right at times and can be taken the wrong way , were all hoping for the same outcome ... cheers

Sounds like something is about to happen

Sounds a lot like the sickos who are brainwashing our youth, (in what started in the universities and now has trickled down to Kindergarten) by teaching them to HATE this country, while rewriting our history and shouting down conservative speakers who comes to campuses to speak or debate, because they don't think like they do. Is that what you are talking about caddieman? Or the way the DOJ and FBI are targeting families who don't want this woke taught to their kids and are labeled domestic terrorists. Perhaps you think the FBI whistleblowers who are testifying as I type this are MAGA freaks because they refuse to get steamrolled by the corruption that has infected today's FBI.

From WRAL-TV; Winning Powerball Numbers Wednesday, May 17, 2023 18 34 37 45 51 PB 14 PowerPlayer 2X Congratulations Jaxinjersey! You matched tonight's powerball # 14! Sorry, We had no other winning matches.

The Central Bank disables all electronic payment cards.. and a source of {Euphrates News} explains Time: 05/18/2023 15:15:17 Read: 1,274 times {Economic: Al Furat News} An informed source revealed that the Central Bank of Iraq suspended most of the electronic payment cards, including the Master Card, due to a regulatory process. The source told {Euphrates News} agency that: "All banks and banks to which cards were issued by electronic payment companies, including {Soj}, Ishtar Gate and Qi Card, are currently suspended according to the decision of the Central Bank since last Thursday." He added, "Maybe there are three banks that are still working with their electronic cards, since they are the ones issuing them, and they are also awaiting settlement." The source pointed out that "MasterCard's entry into Iraq was delayed due to the Central Bank auction, and it is paid in dollars, which are issued exclusively to companies by the Central Bank." He explained that "Master Card and [Suge] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank's system and may return to work in the next two days."

agree with it all keylime , its easy to be negative iraq has made forward progress i can still remember a time when the iraqi provinces and cities had daily street bombings and the black flag of isis tacked on every structure , iraq needed everything , its been monumental ... we wait

That would make for a quick reading

IMO unless the iqd is internationally recognized and bankable we could all line up around the block at ur local bank eating hot dogs and still not able to xchange , not being rude or a kill joy or a smart azz chris2028 just need the iqd bankable outside iraqs borders is all, cheers and all the best .

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... So, take everything with a grain of salt ... RON Kaperoni There's been a lot of talk and a lot of decisions lately to encourage investment. Parliament still hasn't passed any significant legislation including the budget, stalled laws, etc...There are improvements going on in Iraq in they are making progress towards diversifying their economy but all of these steps take time. Hopefully things will continue to improve over the next year or so. Nader From The Mid East We're waiting for the US Treasury for what they're gonna say, what they're gonna do. It's their decision now. Everything has been done by the book. The dollar has been banned... Now everybody can buy dollars now only if you need them. Pimpy Iraq is starting to...stop being a dual currency country. In other words you can't use both US dollars and the dinar. They want to go down to where people can only use the dinar...This...reduces people wanting to go into the black market because the penalties can be very severe...if you want to protect your currency just deal with the Iraqi dinar. It'll grow in value. It'll grow in strength as people exclusively us the dinar. Think supply and demand.

I believe this is the turning point we have been waiting for. When the de-dollarization hits world wide the dollar value will drop and the currency of countries no longer using the dollar will spike.

If having everyone like minded when it comes to the Constitution, crime, liberty, economic growth, safer cities, safer schools, protected borders, honest elections, honest courts, honest DAs and AGs is not what you want then America is not for you. If the Liberal Democrats get their way there won't be any safe spaces for anyone when they finally flip this country to a socialist/communist form of government. It seems all the conspiracy theories for the last 7 years have come true. Not a great track record for Conspiracy deniers is it?

Urgent: The Parliamentary Finance Committee announces the end of voting on most items of the general budget

We shall read on Saturday 20/05 that the vote on the Budget has been push out to Saturday 29/05.

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... So, take everything with a grain of salt ... RON Deepwoodz When Iraq initially changed the rate to 1310, it showed up for the first time internationally March 28. At least on the two boards I can see. From that point, it would be 1310 for a day or two then back to 1460 for two or three days and then repeat that cycle until May 2. May 2 it was 1460 and changed to 1311 on May 3. Wednesday May 3 to now…. it has flatlined at approximately 1310. I think this could be considered stable. Next step please! Pimpy Yes, I heard there's an extension to executive order 13303 and everybody's losing their mind. 'This must mean something. What is it Pimpy? Has something to do with the dinar.' ... No it doesn't say anything about the currency...the executive order that was signed that everybody keeps talking about it allows you to invest in the country...it's the American's way of protecting the money that has been generated from oil and gas revenues over in Iraq... Frank26 Article: "Iraqis banned from trading in US dollar" They banned the American dollar. They can't use any foreign currency inside of Iraq. What does that tell you? They're preparing to introduce their new national currency paper along with a new exchange rate to match it. They're called lower denominations. Sandy Ingram Article: "The governor of the Central Bank comments on the recent rise in the dollar exchange rate" He pointed out that those who go to buy dollar from he black market...may experience problems in the transactions they make. It sounds as if Iraq got the message loud and clear from the United States...We do not know how this will affect the exchange rate in the future... Pimpy Article: "Central Bank attributes the reduction of the dollar exchange rate to the increase in cash reserves and electronic platform" What the cash reserves do, it allows them to flood the market with a competing currency therefore driving down the exchange rate slightly. In this case Iraq's parallel Market, people were given up quite a bit of dinar to get the U.S. dollar. And what that does is affect the official rate. Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're talking about how the oil and gas laws are in the budget. FRANK26: Wow HCL! No wonder you're not using the dollar. MarkZ Article: “Iraqi stock exchange achieves the first place in the Arab world in the volumn and rate of daily trading.” This is huge. Iraq is positioning itself to be the cultural hub of the middle east. Unseating Saudi Arabia, Qutar and the entire region...this tells us where Iraq is heading in terms of a valuable currency.

For sure @3n1 no offense taken! Appreciate your comment and youre absolutely correct it needs to be international!

He also said there's nothing left for Iraq to do to RV. No laws, policies, & there compliant with IMF. They can flip the switch whenever. That's good but it makes me wonder then what are they waiting for??

If this is really real and we are close, where is waldo( I mean Adam) ?

MAY --- Not WILL SEE. Ain't these guys a trip.

Here's an article from Dinarland... Maliki objected & delayed the Budget vote on Wednesday the 17th. A new target date has been set for Saturday, the 20th. The Budget expected to pass if there are no further objections or calls for delays. Treat as a rumor. Not verified. Your opine. From Other Sources: Budget Vote Delayed Until Saturday the 20th. ARTICLE: Urgent Cougar: The Vote On The 2024 Budget Next Saturday. A member of the Parliamentary Finance Committee suggested that the House of Representatives vote on the draft financial budget law next Saturday. Committee member Jamal Cougar told a news agency: “The closest date for presenting the budget to Parliament & voting on it is next Saturday.” He pointed out that “the current budget deficit is the largest in the history of the country’s budgets, as it exceeded 64 trillion dinars,” noting that “the current deficit will be maintained.” It is noteworthy that the Parliamentary Finance Committee continues to vote on the items of the 2023 budget before preparing its final version and submitting it to the House of Representatives. The State Administration Coalition had set in a previous meeting on May 17 {tomorrow, Wednesday} the date for voting on the budget.

My wells fargo sent me a thing saying Possible service interruptions this weekend. Updates?

Final. Final touches, final stages. I don't think the Iraqi politicians have abused the word "final" the way they have abused "soon". Perhaps we are close...

Finance Committee: We Have Reached The Final Stages Of Settling The General Budget Law 05/18/2023 2577 Earth News / The Finance Committee confirmed, today, Thursday, that it has reached the final stages of resolving the general budget law. A statement by the Parliament’s Media Department stated in a statement, received by Earth News Agency, that “the Finance Committee held, chaired by the Chairman of the Committee, Atwan Al-Atwani, and in the presence of its members, a meeting that lasted late Wednesday evening, regarding putting the final touches to the Federal General Budget Law for the fiscal years 2023-2024-2025, In preparation for submitting it to the Presidency of the Council of Representatives for inclusion in the agenda of the Council. Al-Atwani stressed, during the meeting, that “the committee has reached the final stages of resolving the general budget law,” pointing to “the need to support strategic projects, follow development paths, provide the necessary resources to develop priority sectors, improve public services and infrastructure, and contribute to investing natural resources in order to achieve stability.” The financial and economic of the state, in accordance with the implementation of the government program. The statement added, "The committee held extensive discussions about the mechanism for determining the need for spending units from financial allocations for the possibility of making transfers, ensuring exchange priorities, and maximizing non-oil revenues, as well as emphasizing the involvement of the private sector, to contribute to improving production and the continuation of projects." The members of the Finance Committee expressed their observations regarding the validity of the general budget for one or three years, and the allocations for the development of the regions, as well as the scrutiny of the legal texts contained, while a vote was held within the committee on a number of articles contained in the law. https://earthiq.news/archives/234100

Using the dollar for personal or commercial transactions is now illegal punishable by fines or imprisonment. IMO we should see an increase in the value of the dinar very soon. The most positive news I've seen in years.

I DON'T like this goose. I say it is time to go "Goose Huntin' "

I could be wrong, but I think them redemption centers, and all them tiers are what ya git when ya take a trip, and never leave the farm! ✈️ 😂

A weatherman couldn't get away with such an abysmally poor track record.

Interesting. So, please explain how Make America Great Again is a deranged conspiracy theory of a network of people who want to Make America Great Again???!!! Conversely, are you REALLY promoting Make America Disintegrate Drastically???!!! MADD is a Snowflake and Buttercup Idiot Brigade Volunteer Forces common agitant self administrating and self activating WOKE tactic, common, and general practice of the MADD practitioners. Please explain how MADD is at all sustainable and aligning with Life, Liberty, and the Pursuit of Happiness noted in the Declaration Of Independence that True Patriots Of The United States Of America have fought and died for???!!! Is your cognition really so inextricably lodged in your safe space as to be ignorant of the dire consequences of your stated alternate and otherwise counter intelligence???!!!

"...the efforts of the chairman and members of the Finance Committee for their role in intensifying morning and evening meetings and hosting, in a way that contributes to speeding up the completion of the items..." Speeding up? Like when one snail pushes another snail kind of speeding up?

I don't like that word soon, you all know what that means in Iraqi gibberish.

nope BIDEN is asking for all accounts to be FROZEN, if you get any messages locally in your country or state then this will be a Mastercard thing....

Sniper comes to mind

Here's another article related to the above...IQD only. Clare: Iraq Border Crossing Taxes & Fees To be Paid Only In IQD. ARTICLE: “Al-Rafidain directs the collection of taxes & customs fees in Iraqi Dinars” Quote: “Al-Rafidain Bank directed its branches at the border crossings to collect taxes & customs fees in Iraqi Dinars instead of Dollars. The bank also decided that the receipt of the stamp fee will be in Iraqi Dinars, noting that this step is in support of the national economy & strengthening the currency of the Iraqi Dinar.”

what's really sad is these gurus actually have followers that believe this BS.....

The walls are closing in on them. They can only jerk around for so much longer.

Here's an article related to the above...We are standing in line right now cashing out.... Bruce the Goose: UN, UST & WF Says It's A Go. ARTICLE: The UN confirmed from three separate sources so far, that the Treasury had released the codes to Wells Fargo at around five o’clock this afternoon EST. That would allow everything to move forward from the Wells Fargo redemption center point of view. So UST has sent the release codes to Wells Fargo around five o’clock. Now the RV for the US is theoretically in motion. We can say in motion here. The last piece of information I got was that they the release algorithms were let go about two hours ago. I’m not quite sure how that plays into it. I know that we do use algorithms to discern when is the best time of the release of numbers of emails of emails to the bondholders, emails to us with a toll free number that we can call & set our appointments. Alright, let’s go bottom line. It appears: The bottom line is that things have started from UST, Wells Fargo & it should be coming out to us in some timeline. Probably I would say by sometime after 10 maybe mid morning to noon time tomorrow, the 17th.

Reno?....redemption centers..... Fill us all in...... Oh, and about those tiers too....?

The clown was here for a long time. Then one day he went on silent running! I hope everything is okay and well with him! Hopefully he will check back in again, SOON!