[RAPID DECLINE OF THE DOLLAR in the coming days!!!]

I wonder by whose definition of a “rapid decline” will this happen?  I’d like it to be my definition, where the dollar falls to 1:1 with the dinar.  💰💰💰💰

[close that window, we're getting a draft...or is it draught?]

16 minutes ago, horsesoldier said:

The It's a Small World ride is torture

We got stuck on that ride once when it broke down for 30 minutes. The worst part was listening to that song over and over…. 🤪

[US Supports Iraq in joining WTO]

Thanks @HowieC!  For what it’s worth, I support them joining the WTO too .. 😄

[Parliament Finance holds a meeting headed by Al-Atwani in preparation for the arrival of the 2024 budget]

11 hours ago, BETTYBOOP said:

So, theoretical senario.... Al  Sudani and Co return from the US. They come back have a cabinet meeting to explain what took place in the US. Al Alak moves the dinar to 1:1 or just over that. Budget gets scheduled  for reading in parliament  at end of April beginning of may. The rate is moved upon their return which let's them get the money out the mattresses and they talk about deleting  the 3 zeros whist, educating the citizens. They also monitor inflation during this time and at the end of April beginning of May the budget goes to parliament. Budget eventually gets passed and at this point the rate is reinstated to forex and we can all go to the bank sometime in May or early June 

That scenario sounds great to me!! 

[close that window, we're getting a draft...or is it draught?]

Close =   …?   

[Hebrew newspaper: Biden prevented Israeli planes that were on their way to attack Iran - 4/14/2024]

1 hour ago, climber7 said:

 

Benjamin is a bigger idiot for listening to him 

⬆️ I came here to say exactly that! Who on earth would listen to Biden??!! 

[The Netherlands closes its embassy in Iran and consulate in Erbil]

I sure don’t need any official travel advisory to stay away from the Middle East. I don’t think there will ever be stability, it’s not in their DNA. 

[Al Sudani on his way to Washington]

59 minutes ago, BETTYBOOP said:

-Sudani leaves Baghdad heading to UN

 politics

 

+A -A

Baghdad-INA
 
Prime Minister Mohammed S. Al-Sudani has left Baghdad heading to the United States, leading a delegation of government officials, members of parliament, and representatives from the private sector.
 
 
“Prime Minister Mohammed S. Al-Sudani has left Baghdad heading to the United States, leading a delegation of government officials, members of parliament, and representatives from the private sector, this marks the beginning of an official visit, following an invitation from U.S. President Joseph Biden,” A statement by the Prime Minister’s Media Office, received by the Iraqi News Agency (INA), stated.

•  Today, 11:03

 

I’m a little confused about the article. The title says he’s going to the UN, but the article just mentions going to Washington by invitation from Biden.. 

Whatever.  Just finalize your RV Mr. Prime Minister! 😁

[Al-Sadr rebrands his movement as "National Shiite Movement" ahead of a return: source]

2 hours ago, keylime said:

 "National Shiite Movement"

Oh boy. That's just way to easy to comment on.....I'll refrain from that softball lob...HA!

🤣 you and me both @keylime!!  

[Iraq: New Money But Dollars, Euros, Or Dinars? Old article 2003 but very relevant to the NOW!]

3 hours ago, Longtimelurker said:

I think they've finally acted on all of them and we're just waiting for a few things to play out

[President Barzari on Eid al Fitr: May this holiday be filled with Peace and happiness]

18 hours ago, NWGUY said:

President Barzari on Eid al Fitr: May this holiday be filled with Peace and happiness

 

 

May you all come back from your holiday and fill all of us with your peace and happiness, by revaluing your currency!  

⬆️ ⬆️ ⬆️ ⬆️ YES PLEASE!!! 

[Iraq: New Money But Dollars, Euros, Or Dinars? Old article 2003 but very relevant to the NOW!]

3 months? I’m not going to need more than 3 hours to exchange mine 😆 Never looking back, either. 
 

It’s crazy. Here we are 21 years later, and they haven’t acted on any of these plans or ideas. 😑

[Saddam Hussein’s granddaughter lives it up at luxurious party in Dubai]

15 hours ago, NWGUY said:

I am really at odds with this one.   While I don't think that her mom and her had anything to do with what Saadam did when he was alive, I really have a problem with them living such a great life off of the horrendous things Saadam did to get that wealth.   He was a horrible person, but they basically are innocent.  Women in that country had zero input on how or what the men did, so I really can't put any blame on them.   I do have a problem with her image of her grandfather.  You would think that someone would have told her what he did, and how he did it, so she would get a true picture of what a monster he was, and not to forget about his two crazy worthless sons.   JMHO   

I completely agree with all you said here! 🎯 

[Al-Sudani informs the framework of the reasons for his visit to Washington - 4/04/2024]

4 hours ago, Woldopep said:

I picture Sudani bringing a duffle bag full of Dinar for Joe and Hunter.

He’s gonna need something bigger than a duffle bag. I’m thinking a duffle bag filled with dinar is only going to amount to $89.00 … 😂

[An official at the Development Bank in Maysan embezzles about 10 billion dinars]

Dude embezzled $76 … 😂 

[THE CENTRAL BANK OF IRAQ CLARIFIES THE MECHANISM FOR DEPOSITING OIL REVENUES ABROAD]

3 hours ago, southbeach said:

IRAQ2.0 my new personalized car license plate.

If they RV at $3.22, mine will be 4MER GLORY (if I can figure out hot to fit it in 7-8 characters 😁)

[Iraq sings a contract with Iran to import gas for 5 years]

On 3/28/2024 at 6:15 AM, currenzcraze said:

Iraq sings a contract

Sings…?  🎶  

[Is the site down]

No issues here in North Carolina 🇺🇸 

[CBI DOWN]

One of these days… 👀 💰💰💰💰

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

10 hours ago, Mary B said:

The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. 

 

https://www.jpost.com/middle-east/article-791161

 

is that .76 cents

I saw in another article here that they wanted to get this pushed through before the elections (thus, increasing Al-Sudani’s popularity). Anyone know when the elections are?

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

55 minutes ago, edbeach said:

My question still is doesn't the parliament still have to vote on this

I think the decision is ultimately made by the CBI. They are the only ones that have the authority to make the change. 

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

1 hour ago, Laid Back said:

Two news articles this week talking openly about raising the value of the dinar

And actually talking about a specific rate!! I never expected this!  I’m very optimistic. 

[Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar]

2 hours ago, Mary B said:

We look forward to coordinating with the Central Bank to increase the value of the dinar

I am looking forward to this too!! 
Many thanks Mary!! Great article 🙌🏻
 

[Iraq’s ruling coalition may call for early elections]

1 hour ago, Laid Back said:

Delete the 000 = $0.75

I will take that rate in a heartbeat and never look back!!! 

[{Financial digitization}..a factor to reduce inflation and absorb hoarded funds]

1 hour ago, RJG said:

increasing circulation in cash denominations of less than 250 dinars,

😲 So they need more of these denominations that are worth less than  .19¢ …