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Dretown39

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Everything posted by Dretown39

  1. April is just a little over a month away..no biggie. Some feel in the latter part of the year. I just hope it's this year!
  2. I posted this info last year and few others confirmed this as well. Ramadan has no effect on it. Some members here continue to harp on it even though the proof is there. Just like some continue to spew on if it doesn't happen in the 1st quarter then the year is gone when Iraq can still add value/reinstate anytime during the year. Be careful not to get caught up in this topic with folks. I have & it's a waste of time.
  3. Yep it's the same here in the U.S. I was on omeprazole for about a little over a month after having an Upper GI scope. They found mild inflammation in me. I didnt like taking that medication because I heard what it can cause so I got back on track with eating right. Juicing helps as well & I'm fine now. Funny thing is when thought I wanted to stay on the medication she told me that the you can have only one refill. When I stopped it & told them I was good all of a sudden they said I can have refills if I wanted. Smh
  4. Great! Please people Please Rv ya currency so the citizens can move forward & I can ratify my checking account!!🤦‍♂️
  5. Why are cross-border payments important? They are important for businesses with international suppliers, customers, or partners. They are a vital source of income for families in developing nations. They are a key driver of economic growth. They can involve the exchange of different currencies. So this statement from Fnu Lnu made hold some weight 2-9-2025 Fnu Lnu This just in from my Singapore contacts: There is a hold on the RV for an unspecified amount of time...The Iraqi government, in collaboration with the Central Bank of Iraq (CBI), Consulting Firm Oliver Wyman, INB, INI, and K2, launched a strategic initiative to modernize the country's banking sector. It was realized, due to the cross-border payments training program, that Iraq was not at all ready to initiate a revaluation of the IQD due to insufficient capability Further implementation details will be announced in due course. Until this is completed, THERE WILL BE NO RV! This information has been verified through the office of the Prime Minister...wait for further details. We do not now know how long this will take. Don't shoot the messenger please.
  6. I still say anytime in 2025. No need for anybody to keep posting historical April exchange rate changes. Seen them & it won't change a thing with me! So if it doesn't happen in Spring we'll still have the rest of the year!
  7. Brother I'll be so glad whenever these fools make a move to RV! This year seems to be the year for this to happen. Just crazy we're still waiting on the other side for this to come to fruition!
  8. That doesn't matter. They all celebrate Ramadan & it doesn’t dictate when they will add value to their currency. In fact of people have been following this Iraq gets work done during Ramadan.
  9. Here we go with the negative "nothing happening during Ramadan". Kuwait reinstated during Ramadan. Let's just see how this plays out.
  10. They went to the powers that be to get assistance for restructuring their currency. I'm pretty sure they do. At the same time people should be able to think for themselves & not relying on whether or not some government official made the same investment decision. The big deal is Iraq doing what they need to do completing the moves necessary to get back globally in the markets & rebuilding their economy. Those moves leads up to utilizing the last weapon they have left & thats their currency. If anyone is starting to have doubts then they should reconsider if this investment is for them.
  11. What folks need to know/understand is that Iraq went to the U.S. a long time ago stating to whomever they needed to talk to that they (Iraq)wanted to restructure their currency. U.S. helped them with that so I'm pretty sure that government officials over here is holding dinar. It's not something to make a big deal about.
  12. Most definitely this is good. As of December of '24 the shift occurred & Iran lost the big influence over them. Since Iraq knows that they see it's not smart to keep them happy & it's better to do what they need to do to get into the Western markets going international. That would include coming out with a strong rate as well!
  13. This sounds like they are further along then what this article is saying. Jmo
  14. It won't throw a wrench in Iraq plans. The plan is to diversify from oil anyway & this could force an RV faster.
  15. You're fine. Any noted after sadaam is good. I've had to sell back currency from earlier years at an actual exchange & I was fine.
  16. As far as what Sandy is saying.. this is the reason why Iraq has been diversifying by not relying just on profits from oil. This would make them RV. No reason for panic.
  17. Didn't mean to post twice. Not sure how to delete one of them.
  18. {Politics: Al Furat News} The leader of the Kurdistan Democratic Party, Wafaa Muhammad Karim, revealed the details of the agreement on Article 12 of the Federal Budget Law for the year 2025 and the salaries of employees. Karim told {Al- News} that: "The agreement on the salaries of the Kurdistan Region employees was yesterday at the same time that the 2025 budget schedules were passed in the House of Representatives." He added, "Article 12 of the budget law specified the cost of producing the region's oil at $16 per barrel for companies operating in the region, meaning that the rest of the profits will go to the Iraqi state treasury," explaining that "the oil is in the hands of the Iraqi government now. " Karim continued, "As for the agreement with the Ministry of Finance, salaries will be from January 2025 and will amount to 950 billion dinars per month, in exchange for handing over half of the border crossings' revenues to the Iraqi government." He pointed out that "with the resumption of the region's oil exports at 450,000 barrels, it will exceed the amounts allocated for salaries." It is noteworthy that the Iraqi House of Representatives voted yesterday, Sunday, on the draft law amending the first federal general budget law for the fiscal years 2023, 2024, 2025 No. 13 of 2023, in a step that allows the resumption of the Kurdistan Region's oil exports. According to this article it seems they might be far along than they're saying. The House of Representatives passed the 2025 budget schedules. Thoughts?
  19. {Politics: Al Furat News} The leader of the Kurdistan Democratic Party, Wafaa Muhammad Karim, revealed the details of the agreement on Article 12 of the Federal Budget Law for the year 2025 and the salaries of employees. Karim told {Al- News} that: "The agreement on the salaries of the Kurdistan Region employees was yesterday at the same time that the 2025 budget schedules were passed in the House of Representatives." He added, "Article 12 of the budget law specified the cost of producing the region's oil at $16 per barrel for companies operating in the region, meaning that the rest of the profits will go to the Iraqi state treasury," explaining that "the oil is in the hands of the Iraqi government now. " Karim continued, "As for the agreement with the Ministry of Finance, salaries will be from January 2025 and will amount to 950 billion dinars per month, in exchange for handing over half of the border crossings' revenues to the Iraqi government." He pointed out that "with the resumption of the region's oil exports at 450,000 barrels, it will exceed the amounts allocated for salaries." It is noteworthy that the Iraqi House of Representatives voted yesterday, Sunday, on the draft law amending the first federal general budget law for the fiscal years 2023, 2024, 2025 No. 13 of 2023, in a step that allows the resumption of the Kurdistan Region's oil exports. According to this article it seems they might be far along than they're saying. The House of Representatives passed the 2025 budget schedules. Thoughts?
  20. {Politics: Al Furat News} The leader of the Kurdistan Democratic Party, Wafaa Muhammad Karim, revealed the details of the agreement on Article 12 of the Federal Budget Law for the year 2025 and the salaries of employees. Karim told {Al- News} that: "The agreement on the salaries of the Kurdistan Region employees was yesterday at the same time that the 2025 budget schedules were passed in the House of Representatives." He added, "Article 12 of the budget law specified the cost of producing the region's oil at $16 per barrel for companies operating in the region, meaning that the rest of the profits will go to the Iraqi state treasury," explaining that "the oil is in the hands of the Iraqi government now. " Karim continued, "As for the agreement with the Ministry of Finance, salaries will be from January 2025 and will amount to 950 billion dinars per month, in exchange for handing over half of the border crossings' revenues to the Iraqi government." He pointed out that "with the resumption of the region's oil exports at 450,000 barrels, it will exceed the amounts allocated for salaries." It is noteworthy that the Iraqi House of Representatives voted yesterday, Sunday, on the draft law amending the first federal general budget law for the fiscal years 2023, 2024, 2025 No. 13 of 2023, in a step that allows the resumption of the Kurdistan Region's oil exports. This article above I copied and paste it from MM. According to this article House of Representatives passed the 2025 schedules. It appears they are far along than they're saying. 🤔 Thoughts?
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