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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 2-4-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: A delegation from the CBI will go to the USA in early April...Television just showed Alaq met with a high delegation from the USA and the CBI. A lot is happening. Television special saying Iraq's $100 billion in reserves backs Iraq's stability and credibility in the world. 2-4-2025 MarkZ I do not see it put in the Gazette tomorrow, but there is a good chance it will be in there on Saturday. What is he talking about...? The HCL, new rate, or what..? 2-4-2025 Militia Man If they're going to be paying salaries, if they're going to be allowing oil to move, change is coming. We can all feel they're going to have to adjust their exchange rate...If they were going to expose 1310 they would have done it a long time ago. They would have never waited this long. They wouldn't have hid it and they would have made the budget tables public. Are they waiting for a special time? It sure looks like it. A digital transformation is upon them and they're going to have an interconnection with a digital platform to move their currency. I think Iraq is probably not going to be the only one that's going to be involved in this. 2-4-2025 Samson Article: "To discuss military and strategic files.. A "high-ranking" American official will visit Baghdad soon" 2-4-2025 Clare Article Quote: “After voting on amending the budget law, the House of Representatives is waiting for the government to send the 2025 budget tables for approval, but until now we do not know when those tables will arrive, but this matter must be expedited.” 2-4-2025 Fnu Lnu The moment we have all been waiting for is upon us...Cross border payments - This training program illustrates Iraq's dedication to becoming a global player...Iraq has struggled with cross border payments...The involvement of the INI, CBI, K2, & NBI, and their collaboration speaks volumes. The subjects of transparency, efficiency and security are the subject matter of this training program. Cross border payments are essential for the success of any currency on the global stage...and is a key indicator of a country's economic health...This is how Iraq is opening themselves up to international markets and doing so with integrity and security. [Post 1 of 2] 2-4-2024 Fnu Lnu This is why this program is the necessary final step in the revaluation process. This...is about gaining the trust, globally, without which, Iraq will go nowhere and do nothing. Much hinges on the success and seriousness with which Iraq approaches and completes this training ... Eliminating corruption is the key that will unlock the door to the RV. In order for a currency to be revalued and accepted internationally it needs a robust financial system that can support international transactions. As the Iraq financial system becomes more appealing to foreign investors, it drives up the demand for such a stable currency. This shows something [Newshound Guru] Kaparoni has harped on relentlessly but now we know how that is accomplished. There are only a handful of elite countries that have such a high rating. [ Post 2 of 2] 2-4-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Banks are training on cross-border payments...Mr. Sammy wants you to know...the cross border payments are currency exchanges with Iraq and with other international countries...It's really a little deeper training that just saying cross-border payments. FRANK: IMO the training is being done with the new lower notes...To see this kind of training at the borders is fantastic! 2-4-2025 Sandy Ingram The Iraqi parliament held a crucial vote on Sunday to approve amendment to the 3-year federal budget law. This decision carries major economic and political implications particularly for restarting oil exports from the Kurdistan region...This vote is crucial to resolving financial and energy disputes between Baghdad and the Kurdistan region. The outcome will significantly impact Iraq's economic stability, energy production and the relationship between Baghdad and Erbil.
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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 2-1-2025 MarkZ we hope to see the budget passed tomorrow. They tell us it will be put before parliament tomorrow (Sunday). 2-1-2025 Frank26 They're going to do everything on Sunday as far as the laws that are needed for the budget. If you do that and you open that budget - what's in the budget? What's in a piñata? Candy! 2-1-2025 Clare Article: "A site that suggests that the Iraqi per capita share of GDP will increase" Quote: "The German website Statista...the Iraqi per capita share of the gross domestic product will reach six thousand dollars annually in the year 2025...the Iraqi per capita share of the gross domestic product will continue to rise between 2025 and 2029 by 971 US dollars, equivalent to 13.93%. He added that "per capita GDP will rise for the sixth consecutive year to reach $6,971 in 2029." [Note: The per capita share of GDP for U.S. Citizens is projected to be $89,677 in 2025] 2-1-2025 Militia Man They haven't pumped oil out of Kurdistan yet and they haven't finished the unification of salaries yet...Those two items along with others will be a key component that to me need an Real Effective Exchange Rate. That's why they've been hiding 12-2 C [of the new budget amendment]. 2-1-2025 Jeff Question: "How long should we wait to go to the bank if we are not needing money ASAP? In other words do you think it will start floating fairly quickly or will it take some time?" This will be a managed float, which means it can only change plus or minus 10% per day. When the rate changes it'll come out somewhere around the $3.80 range. That's my opinion. I don't think it's going to go over $4 until going into the 2025 budget period. I think it's going to stay below $4 during our 90-day window to exchange. I wouldn't worry about time waiting for it to float. Get it exchanged. Don't wait for this to go up in value because I don't think you're going to have that opportunity or time frame. 2-1-2025 MarkZ They are kicking off the big expo in Iraq today – the 48th session of the Investment, development, prosperity Baghdad international fair. Happening today. Many are attending from out of the country including 1,000 from the US. This will be a very big international fair for them. 2-1-2025 Fnu Lnu Vietnam is a communist country thus it has a tightly controlled centralized economy. Vietnam has also been used as a storefront for Communist China. This disguises Chinese products making them look like Vietnam made when in fact, they are only assembled in Vietnam. China deflects criticism and Vietnam has a booming business in product assembly, packaging, and shipping. A currency value increase would cause Vietnam and China to lose an huge export advantage. China and Vietnam have both been long accused of currency manipulation. I do believe it will, indeed, be a while before Vietnam increases their currency value. 2-1-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy says...we see Germany, France, Egypt they're all saying to us, 'just do it.' And ones [investors that arrived] today all praising Iraq saying we are stable and we want to do business with Iraq. Even Kuwait who has the strongest currency in the world is now coming in and supporting us. It's looking pretty good. FRANK: Kuwait holds the most powerful currency in the Middle East but we see the whole world running to Iraq, not Kuwait? They know the potential of the float of your currency on an international level is going to be insane. Iraq is the prettiest girl in town and everyone wants to kiss her. 2-1-2025 Clare Article: "Today.. Launching of the 48th session of the Baghdad International Fair with the participation of 20 countries" Quote: "The 48th session of the Baghdad International Fair opens Today, Saturday, with the participation of 20 countries and more than 1,000 local and international companies...This year will be different from previous editions in terms of the diversity of economic, cultural, and artistic activities." 2-1-2025 Militia Man We find out they had 300 businessmen with expertise yesterday, you have 1000 companies coming in tomorrow, you have the 12-2 C for the general budget on the table for Sunday and you have celebrations with TV screens on the streets, in homes and on news websites. I don't know if you guys see what I see but I don't think there's any coincidences in all the information...but we're going to watch and see because you never know what happens. I don't think anybody has ever seen what we're seeing today. I'm pretty excited about it just as you should be! 2-1-2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq parliament just said they are going pass the budget law amendments this coming Sunday. FRANK: IMO it really looks like all the laws are about to be passed based on what you've been sending me. It really looks like the budget is about to be exposed, maybe Sunday. I don't know. It really looks like the new exchange rate is about to be introduced...Sunday might be very explosive. We may need a few days after Sunday, I don't know. 2-1-2025 MarkZ Article: “At Trump’s table: Rafidain Bank faces threats of US sanctions” This is a new policy to extricate Iran banking influence from Iraq…Trump has Iran in his targets. He wants all Iran’s influences removed from Iraq. Article: “Advisor to the US President: Trump is in the process of putting an end to Iranian influence in the middle east.” There seems to be a solid push to remove Iran. 2-1-2025 Mnt Goat I am positive that when the new U.S. Treasury secretary gives a report to President Trump on the reforms accomplished by Iraq under Al-Sudani, that they will finally release this currency from the grasp of the corrupt Washington establishment and finally free Iraq back into a truly sovereign state.
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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 2-2-2025 Mnt Goat [There are] three issues that will come up under the new Trump administration. When these issues are worked out, we will see the Project to Delete the Zeros followed shortly by the reinstatement back to FOREX. It is really that simple and so now you can be assured this is VERY CLOSE at Hand. 2-2-2025 Boots-On-The-Ground - Itchy Boots [via Clare] THIS YOUTUBE TALKS ABOUT THE DINAR AT THE 18:13 MARK... THEY SHOW OLD SADDAM NOTES THESE ARE NOT IN CIRCULATION...BUT THEY MENTION THE EXCHANGE USED TO BE 3:1 TO THE USD IN THE PAST! Enjoy...! RON
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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 Militia Man Iraq's got 43% more oil than Kuwait. What [Kuwait] doesn't have is non-oil revenues. It's very powerful. It shows Iraq is totally capable of having a real effective exchange rate that could be at least competitive and similar to the region. Frank26 [Iraq boots-on-the-ground report] FIREFLY: There is a news program on television right now talking about currencies and the countries of these currencies. It looks like they want to give us more monetary reform education before they give us our new currency. One of them is Kuwait dinar; the currency is $3.23 with $105 million in reserve. We, Iraq have $145 million in reserves and we say that we are 43% higher in reserves in Kuwait. We should be also having stronger currency too as we see it. FRANK: Of course. Sandy Ingram Article: "Iraq's gold reserves significantly increased" [Iraq's] gold reserves grew by 57% in 3rd quarter of 2024. The value of Iraq gold reserves rose from 10.7 trillion Iraqi dinars, which is $8.1 billion USD, in 2023 to 16.8 trillion dinar or $10.6 billion USD in 2024. According to the World Gold Council, Iraq now holds 152.6 tons of gold raking as the 29 largest gold holding country globally and 3rd in the Arab world after Lebanon and Saudi Arabia.
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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 Militia Man First, it was just one day, then it was three days and then today's article says the Prime Minister spent four days in Britain. It started with meeting of the King of the country and ending with a meeting with the Iraqi community. Why did they tell you he was going to be there one day then changed it to three days and then ultimately he stayed for four? Frank26 [Iraq boots-on-the-ground report] FIREFLY: Keep hearing the Forex and it's also coming from the CBI too. They're explaining how much more can be done on Forex. They are preparing to leave the border. Forex would be international and like you want, the float. FRANK: We still don't know. Mnt Goat Article Quote: “possibility of transferring the dollar to trading platforms in the stock market, to be sold to those entitled to it through direct transactions instead of sending the dollar exclusively to banks”, “stressing the need to organize these operations by switching to the “Forex” market,” ... WOW! WOW! WOW! Did they just suggest using the trading platforms in the stock market i.e FOREX..! You gotta luv it. Music to my ears. MarkZ Here is the one I am excited about: Article: “Instead of granting it exclusively to foreign banks-proposal to put the dollar on “Tadowul platforms”." This should give you all warm and fuzzies; how foreign remittances work in banks, etc. This is what they are going to do. They are converting dollars to be sold on trading platforms and the stock market and switching to the forex market! In order to take the next steps for them it needs to be traded on platforms just like the US dollar, British Pound and other currencies are. That would mean they are on the fully international forex and most likely a much bigger value on the dinar. This is my favorite article of the morning. ***** Friday Midnight Opinions ***** Frank26 The budget needs the new exchange rate. It's that simple. Militia Man I'm on pins and needles because what we're seeing is realtime data, it's no joke. Iraq is effectively going international. MarkZ Question: What is your guess on the total amount of dinar held in the US? Mark: Great question. I heard some projections way back in the day that (if I had to make a guess) maybe 10 Trillion? That is just a guess…but maybe 10% of what is in circulation may be held in the US. As I recall, it was 3.7-4 Trillion IQD and we secured the right to purchase oil with them at the rate of $30/bbl. Clare Article: "European and Gulf officials.. Baghdad to receive important leaders in the coming days" Quote: "Baghdad will witness a series of successive visits by the foreign ministers of France, Italy, and the European Union countries, in addition to the ministers of the countries of the region (neighboring and regional), and the Gulf countries in the coming days"
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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 Clare Article: "The House of Representatives discusses amending the Unified Retirement Law and the General Budget" Quote: "The Iraqi Council of Representatives is scheduled to resume its sessions today, Sunday, and the first reading of the draft amendment to the Federal Budget Law is on the agenda" Militia Man Article "Explains the new mechanism for external transfers after the platform is closed" Here again we're learning they've changed the dollar auctions to the new reinforcement mechanism. That's why you're hearing people squeaking pretty loudly about pricing going up on the streets because they can't get the dollar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Parliament just announced the next session will include amending the budget. It's on TV now...Sudani wanted this done by the 6th, no later than the 7th and now they're come out 3 days later saying okay, okay okay we're going to do it. TV keeps going over the parliament plans on amending the investment budget in the next two sessions that are coming. FRANK: If they truly do anything with the budge it will be exposing the new exchange rate.
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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 [Iraq boots-on-the-ground report] FIREFLY: TV talked about how we have now gone from the dollar auction to now transfers in our banks. No more auctions. These transfers are linked to international banks...No more being done by auctions of the CBI but by this new system in our banks. FRANK: This is fantastic because these are the preparations. FIREFLY: We are linked to the world! Militia Man Iraq Stock Exchange has already shown complete stability. It's huge. It's up 131% in one month. All those neighbor stock exchanges are starting to get a rise because they might be exposed to where? Iraq. For what? Investment. Pimpy Iran is taking a hands-off approach with Iraq saying, look, they respect any decision made by al-Sudani. I think that has a large part to do with the fact that Trump has taken an interest in al-Sudani and Iran is on Trumps 'piss list'...Congratulations to al-Sudani who avoided...conflicts. He avoided them like he should. Now he's got the backing of Iran and they're promising not to arm factions no more and they would help Iraq dissolve these Popular Mobilization Groups...This is a really good move, a smart move by Iran but very good news for Iraq. Now I'm curious to see what kind of meeting Iraq is going to have with Trump once Trump finally gets into office... Jeff What they're doing is selling US dollars to pay for and fund imports coming into Iraq...What they've done with this new transfer system is they've made backend changes that are not visual...What they've done...is transition so that they can allow their banks to do these international transfers...There's only so much they can do with banking reforms at this time until the rate physically changes. Again, what they're doing is they're positioning the banks to...do foreign transfers with the US dollars...now instead of that money being sent directly from the central bank it's being routed and sent from the local banks within Iraq. That prepares Iraq to be ready towards going international... Sandy Ingram Iraq's revenue for the first ten months of 2024 is massive. Plus there was a huge increase in bank deposits in 2024 and the country's gold reserves increased to become the third largest in the Middle East. Frank26 Question "Is there any chance Trump is not a good person for us [dinar investors]?" No.
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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 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says month of January is critical. FRANK: Yes, it is critical in the sense they are about to give you your purchasing power because the evidence points solely in that direction. There is no other option, there is no other choice. Mnt Goat Article: "CENTRAL BANK ANNOUNCES MAJOR ACHIEVEMENT IN FOREIGN TRANSFERS" Quote: "This achievement is a radical transformation in line with the best international standards and practices to achieve a stable and secure financial system" So where is the RV then? Why still at 1/6 of a penny? MarkZ Question: is the dinar floating? Mark: its floating in the parallel market in a direction that supports us. It was 1500 a few days ago in the parallel markets which mean we are watching the dinar gain value in the free market. They are changing how auctions work and want us to know why.
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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 [Iraq boots-on-the-ground report] FIREFLY: The feel on the streets we citizens know a new rate is coming! Everything is pointing to to this! FRANK: I agree with you. I can feel the rumbling of the earthquake that will bring you your monetary reform, purchasing power. Things are getting very exciting. Clare Article: " 'Changes are coming inevitably' . What awaits Iraq after January 20" Quote: "Iraq will be part of the new Middle East, this is what a number of observers expect about the next stage after Donald Trump assumes the US presidency on Monday, January 20...Trump's strategy will depend on severing the relationship between Iraq and Iran once and for all. That is, Trump will not rely on the gray area in which Iran's allies maneuvered in the past. Therefore, the current and future Iraqi government will have to reveal the truth about its relations with the United States of America, and Trump will not accept a government that is an enemy of the United States of America...If Al-Sudani's government does not abide by Trump's conditions, there may be some alignment between Washington and Tel Aviv to stop this Iranian influence inside Iraq." Militia Man The next step is to do global transactions against other currencies in dinar and other foreign currencies. They will become similar to foreign currency in International terms. I don't believe it's going to be at 1320 for the dollar. It will not work as a REER. From today, banks are closed and will not open in Iraq until next week...Monday is a national holiday, Army Day...It definitely looks like a timed mechanism in many ways. Jeff There's a lot of rumors...talking about how the rate might change on January 6th. Disregard that. I can promise you the rate is not changing on January 6th. I'm going to give you a date in this and it's opinion-based so this may or may not happen. If the rate it going to change, because we don't know if the rate is going to change in the month of January, it will be sometime in the second half of January after the 15th. That is a promise. It has to be after the 15th...The rate cannot change before the 15th. And...it can only change on what is their Sunday...So it has to be on one of their Sunday's after the 15th. Again, we don't know if the rate is changing in January at all. We do know January is a critical month.
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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 Auctions in Iraq have been occurring. I was told by a contact over there that this is the final part of their de-dollarization. Article: “The Iraqi dollar and the first day “passed peacefully” The Central Bank is innocent and free for the dinar” According to Iraqi Press today is the first day without the auctions. I am feeling good about auctions ending which should mean a new rate. I am told Iraq was reducing their reserves to de-dollarize the market. This in anticipation of a rate change. Militia Man [Iraqi] Banks are closed. Sudani said he was going to make the dinar stronger than the dollar. I think it's going to still hold true. I think that's the expectations of the world. We're going to see that happen. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says everything is in place in his eyes. The only thing Mr. Sammy thinks we need is for Iraq to reveal a new rate to show and back the stability of the dinar as a new global currency. FRANK: Yes sir Mr. Sammy because that's what the contractors are waiting for. Jeff The auctions have completely turned to normal...Absolutely nothing has changed, everything has returned and restored back to normal...Even though the auctions are normal the significant step in this is the auctions are remaining at elevated numbers because what they're doing is Iraq is emptying their coffers and getting rid of the US dollar preparing to revalue. That's the critical piece of this...But for your own knowledge and information...the auctions have absolutely returned to normal.
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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 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy just left my place. He told me, I want you to understand that what we are seeing on TV right now about bringing in the notes, it's like a clean sweep to get the old notes out, the damaged notes back and the counterfeit notes off the street before the rate hits. This will allow all these notes collected to get into the electronic system. Mr Sammy says we are officially category A currency now. It was category C which was less desirable. That was required also for the WTO introduction. All these smaller exchange companies that have recently been licensed are now being linked to the big boy exchange companies. That all leads to something big is coming. FRANK: Yes, something big is coming. Fnu Lnu [Response to MarkZ's "In Iraq-It appears the final step in de-dollarization is happening" post from 1-4-2024 below] [Dinar Guru] Mark as well as many others seem to be confused by the actions of the CBI. The "AUCTION / CURRENCY WINDOW" is indeed closed. The reported sales of one billion in four days is NOT being done at auction. That was turned over to the banks which is why they were enabled with international currency exchange platforms. This way, monitoring of all exchange functions is done in real time and not centralized. Scrutiny of participants in exchanges are likewise monitored and vetted in real time. No more fraudulent exchanges for smuggling purposes. MarkZ In Iraq-It appears the final step in de-dollarization is happening, that is what I was told, though my one contact told me to not worry and this is de-dollarization before the change. But, The Central Bank of Iraq is claiming they sold one billion in 4 days. They keep saying auctions have stopped but we are seeing evidence they are still moving foreign currency. We are not sure what is going on – but we are watching it. Things are quite confusing. [Reposted from 1/04/25]
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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 Question: "How many major banks are there participating in the exchange?" I don't know that yet. But I believe that every major bank will be involved. Samson Article: "Central Bank: Work on the electronic platform has stopped" MarkZ In Iraq-It appears the final step in de-dollarization is happening, that is what I was told, although my one contact told me to not worry and this is de-dollarization before the change; but, the Central Bank of Iraq is claiming they sold one billion in 4 days. They keep saying auctions have stopped but we are seeing evidence they are still moving foreign currency. We are not sure what is going on – but we are watching it. Things are quite confusing. Jeff One of the things the central bank is stating they're going to do is end that old electronic transfer system that exclusively works with the dollar and transition to a different type of banking system where the local Iraqi banks can start doing their own sending of foreign currencies and no longer just the dollar, multiple different foreign currencies abroad. It's called Direct Banking. But to do that the US sanctions need to be lifted off of Iraq. That's why this whole time they've only been able to exclusively work with the US dollar. Militia Man There's a difference between the dollar auctions and the reinforcement mechanism that they use today. Militia Man and crew have been quite clear that there's going to be a change - The dollar auctions are going to stop and there's something different. [We] have been spot on about the fact that the dollar auctions are going to go away and they have. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is doing 11-page document, we've seen it before but they're reshowing it to us. It's instructions to all the new money exchange centers that have been opened up on what they can accept and how much to give on damaged notes being returned by citizens. It's like they are telling exchangers a lot of the 3-zero notes are about to be returned. FRANK: That's exactly what they're doing. Like I told you, these banks would be very essential...Collecting the 3-zero notes is going to be massive... MarkZ Question: Where will the new rate show first? Mark: If it follows in Kuwaits footsteps – it will quietly be released. Maybe people will do some exchanging and then it will show publicly on forex. But, In today’s world and the speed of the internet - my guess is we will all see it at the same time. You guys will probably hear it first from folks like me and then we will be able to look at it. That’s my opinion. Frank26 The fact they are about to [or have] stop [stopped] the auctions means it has to be replaced with a new exchange rate to add value to your currency. If all of these things are true from Sudani, then another thing is true IMO; the lower notes they're going to give you are now in position, ready, loaded to go, ready to be given to [the Iraqi citizens].
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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 Militia Man Iraq has done what they said they were going to do all along. The Central bank implemented a new electronic system so that the central bank would be out of the dollar auction...They now use the correspondent banks to facilitate internal and external trade... The central bank will no longer deal with retail...We can see January 2nd...there's not transfer abroad. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn't have the purchasing power to do so. Jeff [Response to Militia Man 1-3-2025 Post above] They had a currency auction today. Total sales [abroad] $283 million, 7 banks participated. Nothing has changed. The Central Bank is still having currency auctions. Sorry you missed the fact that there was NO CASH transferred, Jeff..! MarkZ My best contact who I trust due to the position he holds in Iraq, says de-dollarization is under full steam and they expect a new rate within a week or so. Clare Question: "I thought the CBI used the electronic transfer system to send USD abroad for the daily currency auctions, yesterday's news stated they stopped the electronic transfer system. How could they have officially stopped it yesterday, when they sold 283 million USD ABROAD in today's auction?" [That] IS NOT A FOREIGN CURRENCY AUCTION. IT IS A REPORT ON THE NEW SYSTEM - "Foreign exchange window results"
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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 [Iraq boots-on-the-ground report] FIREFLY: Television again says Iraq has ended the dollar auctions, but we knew this yesterday - but I guess it's important. FRANK: Every day until the 7th IMO is going to be very exciting with a lot of information. Sandy Ingram Vietnam is set for some big-time growth. It's all thanks to a cool strategy shift. They're moving away from relying only on selling stuff to other countries and focusing more on what's happening within their own borders. Vietnam's future is looking bright. Fnu Lnu People ask me, Fnu, is the currency window in Iraq closed or not? Some people are claiming it is not closed. I answered, Yes, the Central Bank of Iraq has ceased the dollar auctions. According to Ammar Khalaf, the deputy governor of the Central Bank of Iraq, the dollar auction system, officially known as the Foreign Currency Sale Window and Electronic Platform, will be permanently shut down by the end of 2024. Khalaf confirmed that the decision is final and that the vast majority of traders have already adapted to the new system, which no longer provides direct dollar access from the central bank. So wonder no more!
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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 Clare Article: "Iraq establishes 'investment portfolio' to support stability of national currency" Quote: "The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Iraq’s first step after extinguishing its foreign debts towards establishing an investment portfolio to support the stability of the national currency. These assets that support the stability of the balance of payments and the national currency {i.e. foreign reserves} are one of the aspects of the sovereign funds called {quasi-sovereign wealth fund}." Jeff We need to wait and see if they continue to have currency auctions. That's an important piece. Today's news suggests the currency auctions have officially ended. If the currency auctions have ended you are extremely close to the rate change. This means you're extremely close to the rate change, like say hello to January. In other words keep your freaking eyes on January. Mnt Goat They told us so many times already they needed SECURITY and STABILITY to begin the Project to Delete the Zeros. Well, now they have it and so will they begin the project now? My CBI contact has told me on my call to Iraq yesterday 01/01 that the CBI is planning to conduct the project very soon. VERY soon. Kaperoni Article: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" CBI article: The Central Bank of Iraq announces the transition from the electronic platform to banks for external transfers - 1/01/2025 Frank26 The auctions came to an end. Article 1: "Central Bank announces major achievement in foreign transfers" Article 2: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" FOREIGN CURRENCY AUCTIONS ENDING ALL OVER IRAQ'S NEWS! IT WILL HAVE A BULLSEYE EFFECT ON THE EXCHANGE RATE, BECAUSE THE GOAL IS TO GIVE THE IRAQI CITIZENS PURCHASING POWER! Pimpy Iraq has taken all the necessary steps to get the Iraqi dinar back on track. I understand it's taking a long long time and I'm sure you feel anxious about this because of all these people blowing smoke up your ass and getting you hyped up on hopium. Relax. It's going to happen I really believe that it's going to happen. MarkZ [Rumor] Things are still looking good. I am definitely hearing...conversations in Iraq about “small notes” (lower denominations) ...they would not be talking about this in Iraq if the dinar were not about to have a higher value. Militia Man Article Quote: "The regional and global integration has begun to take shape." It's pretty big you guys. This is all in real time and we're watching it. We've been talking about it for a long time and now we're seeing the fruits of their labor. They're offering to the world that they're going to showcase a commemorative coin, currency, stamps. Why? Are they changing currencies? They talk about metals. If they don't have metals why would you be talking about that? Because there's going to be something that's happening...to use them. They need to raise the value of their currency. It's obvious to everybody. It should be by now at least. Clare Article: "The Central Bank announces the suspension of the electronic platform mechanisms related to selling the dollar" Quote: "The Central Bank of Iraq announced, today, Wednesday, January 1, 2025, the suspension of work on the electronic platform mechanisms related to selling the dollar." CBI article: The Central Bank of Iraq announces the transition from the electronic platform to banks for external transfers - 1/01/2025 Frank26 [Iraq boots-on-the-ground report] FIREFLY: They're giving us instructions now on TV and standards. They call it for the circulation and exchange of bank notes. They tell us this mechanism is a unification. These are instructions on how to bring in our 3-zero notes. They just told us this mechanism will include a form of counting and sorting currency. They say this will be implemented 2nd of January. FRANK: This is great news. Jeff They put two different articles that states two different things. They said they were going end the use of the dollar and the currency auctions by January 2nd. I don't think that information is credible because the second article stated going into early 2025 is when they would be suspending use of the dollar/currency auctions. That makes more sense because the daily currency auctions are a tool used by the central bank to stabilize the daily market value of the dinar. They'll more realistically stop somewhere in early 2025... MarkZ Question: What’s the latest rates you have heard on dinar and dong Mark? Mark: [Rumor] the latest I have heard is about $3.90 street rate on the dinar. Dong we have heard everything from .47 cents to almost $4.00… Most of my sources are still telling me to expect it in the $2 dollar range. Mnt Goat My CBI contact told me that the next in-country rate change of the dinar is coming, and sooner than we might think.
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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 [Iraq boots-on-the-ground report] FIREFLY: Television says the matter has been resolved, there is no money dollar currency auctions platform anymore after 20 years. FRANK: No wonder they're showing you the old lower notes. FIREFLY. This is from the CBI spokesman. FRANK: This is an official source then. They're over. Clare Article Quote: "The date for closing the platform is fixed, it will not change and will not be extended. The banks have been preparing since the beginning of this year when Governor Ali Al-Alaq announced his intention to close the platform." THEY HAVE A FIXED DATE ACCORDING TO THE ARTICLE.... SALEH SAID starting Jan. 2, 2025, the Central Bank of Iraq will no longer directly sell foreign currency. IMO THIS IS THE LAST FOREIGN CURRENCY AUCTION. {Reposted from last night}
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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 The budget is going to expose everything that we've been waiting for. MarkZ Question: Will be be taxed on this exchange? Mark: I am still told no…but, I have set aside funds to cover it just in case. [As always, check with your tax professionals at the appropriate time.] Samson Article: "Government Advisor: Iraq Seeks to Establish Sovereign Wealth Fund" Kaperoni There are many currencies around the world with weak exchange rates. An increase in the exchange rate is never a random act it's a reflection of a country's success and economic growth. Encouraging Iraq to succeed and prosper is the only way to increase value. Frank26 [Iraq boots-on-the-ground report] FIREFLY: All we care about is the stopping of the auctions and when...They still say auctions will end by the end of the month. Mr Sammy says when they end the auctions and everyone goes back to work on the 2nd of January, the rise of the dollar will be very closely watched by us here at the banks. If it starts to get out of hand by the 7th when parliament votes then [he] doesn't see any other move but to increase the dinar. That's the only way Alaq has a way out. MarkZ Article: “Parliamentary finance: Financial Digital transformation will eliminate corruption and money laundering” they are paving the road and laying the groundwork to changing the value of the dinar. Mnt Goat Didn’t I tell everyone years ago that Iraq is going to be a central hub for the middle east? Let me correct myself in saying it is now a central hub only it is not yet fully geared up and running to its potential. Eighty-five docking stations for freight ships at the port of Faw and only five are now open. Imagine when all eighty-five slips are operational? The amount of freight that will flow through this port of Faw. Pimpy There's no indication out there at all, nothing being said that indicates the Iraqi dinar is going to increase in exchange value. But there is talk about exchange...Suspension of the dollar transfer platform by the Central Bank of Iraq...is a big deal but no that doesn't mean they're going to change your exchange rate... Samson Article: "A Different Scenario... Washington Post: Baghdad will request that US forces remain in Iraq" Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy...the key here will be when the auctions stop and we feel like it will be the 29th. The dollar may jump up some due to traveling at this time but soon we should see the lower notes and the new rate. MarkZ Aticle: “Within days: business confused with the dollar exchange rates expected to rise in parallel market” Businesses are trying to figure out how to price things. The government created a committee to address how to reprice things for sudden value changes.
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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 [Iraq boots-on-the-ground report] FIREFLY: We at point now that we expect Alaq give us a speech at any time now. Samson Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November" Pimpy Article: "What are Iraqis waiting for after the news of the 'sudden suspension' of the dollar sale platform by the Central Bank?" That is a big deal by the way. They've been talking about stopping the auctions for quite some time. This is their way of getting away from the dollar altogether and by doing so allow them to win the international community. This is going to eliminate a lot of the criminality. MarkZ [Rumor] I am hearing rumors from groups attached to Indian Nations that they are being told to prep for imminent release. It could be within day. Similar mechanism are being re-enacted to when Kuwait RV’d. Some Indian Nations did very well when Kuwait revalued. This has me really excited. Frank26 The Vietnamese Dong has explosive potential IMO based on...that the world will now slowly turn more and more towards Vietnam for the things that they used to get out of China. That evidence has already been displayed in the last six years in their economy...If you went to Vietnam today you'd think you were is Dubai. Militia Man We're going to keep our eyes peeled for 4805, which is the Ministerial Council of Justice numbering system which talked about the federal budget. We haven't see that opened yet for 2024 but we see that it's printed. We don't know exactly what the contents are. We're hoping the new exchange rate is within it. Walkingstick After they stop the auction the nation of Iraq's currency has to be backed by something. It will no longer be backed by the American dollar. But with a basket, the other currencies can back up the Iraqi dinar. But that's not the best way for it to go. The best way is for the Iraq dinar to be backed by gold or by its assets inside of that basket giving it the most power for all the other currencies...No doubt the currency of Iraq is not just backed by oil but by endless amount of things.
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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 Clare Article: “Iraqi dinar falls a week before dollar selling platform closes" Quote: "For days now, the Iraqi markets have witnessed a noticeable decline in the value of the Iraqi dinar against the US dollar...expected the rise to be temporary for a period of time, after getting used to stopping the platform and adopting the normal thing...The Central Bank of Iraq has expanded the basket of foreign currencies that can be dealt with and ended reliance on the dollar only, and this diversity will reduce the dollar exchange rate in the parallel market and raise the value of the Iraqi dinar in the future." [Note: Dinar investors want to see the US dollar rate go down and the IQD rate go up.] Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy told me the only thing remaining and we will see soon, is Iraq de-pegging from the dollar and with the auctions closing it's just a matter of time when they're going to give lower notes. FRANK: Mr. Sammy is preparing you. He wants you to get ready. Mnt Goat I wanted to dispel some idiotic rumors that the contractors are being paid at an RV rate and this time of $3.91 per dinar. Really? How is this possible? Simply put – it's NOT. They are not trying to covertly implement the RV slowly behind our backs. The CBI told us many times already they would be upfront and straight forward about the process of the RV.
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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 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about the discussion for adjustment to have a new exchange rate. Can you believe that Mr. Frank? Every day they tell us they're going to give us a new exchange rate...You know why they're telling us they're going to give us a new exchange rate? They say since the auctions are stopping. FRANK: Tell parliament to moooove over...The cash cow is coming to an end... It's coming, that's all there is to it. Clare Article: "Iraq Stock Exchange Ranks First in the Arab World in Trading Volume for November" Quote: "trading volumes achieved a growth of 131.24% during November 2024 compared to the previous month, thus topping the Arab financial markets in terms of growth rates." Kaperoni Question: "Rumor is that the dinar has RV'd. Have you anything to say about those rumors?" Kaperoni: Currencies of a country are not some lottery ticket. They represent a country, and if a currency is ever going to go up in value, it will be based on the success and economic growth of that country. Iraq is trying to rebuild their country and diversify their economy. Iraq has made a lot of progress over the years rebuilding, but still has a ways to go. If Iraq can create a market economy, and diversify away from oil, we may see some improvement in the value gradually as a result. But there is no significant RV like the gurus talk about.
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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 [Iraq boots-on-the-ground report] FIREFLY: Television is reshowing the speech of Sudani from the other day when he said citizens want something realistic and they are tired of promises. FRANK: The fact they reshowed it is extremely important. Sudani is going out almost on a daily basis telling the Iraqi citizens, I got you! I told you I'm going to give you purchasing power. I got you. MarkZ There are many here in the US and all over the world that are expecting a value change with the end of the auctions. Not just people on the internet, but folks in government and the banking world as well. Mnt Goat Article: "THE DOLLAR MARKET IS ON “ONE LEG”.. A NEW MECHANISM AND THE EXCHANGE RATE IS THREATENED!" They are just telling us that there is a process in place to change-out the dinar to the lower denominations and effect the rate as part of this process without causing havoc. A higher, sudden RV, if not done appropriately would cause havoc.
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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 [Iraq boots-on-the-ground report] FIREFLY: Television saying Iraq is buying huge amounts of gold and it's to offset the ending of the dollar exchange auctions. MarkZ Article: “An expected rise in the dollar: temporary shock awaits the Iraqi market” this is talking about the end of the auctions...One thing that will solve all their worries is an upward reinstatement or revaluation close or higher than the US dollar. Clare Article: "Prime Minister: Iraq is a historical center of Christianity in the Middle East" Quote: "Iraq is a historical center for Christianity in the Middle East, and that Christians have contributed for centuries to supporting Iraq's civilization, culture and development, and were builders of this country in various stages adding that Iraq's identity that transcends sects and religions is our real goal, and this is clear through the cohesion and participation in various occasions, especially Christmas and what it represents as a symbol of unity and brotherhood." Frank26 IMO the next step is for the auctions to stop and the Iraqi dinar currency to float freely internationally in a basket with other currencies. It will cause the value to go up. MarkZ Article: “Iraq Stock Exchange first with the volume of trading between Arab Markets” it only launched a year or so ago…but already it’s the largest trading market in the middle east. This one is huge. They are setting themselves up as a regional leader - a world leader…and what is going to be important? They need a currency that matches the region. That rate bar is high when you look at Kuwait and Bahrain and ll of the other currencies values over there.
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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 Clare Article: "Expected rise in the dollar... 'temporary shock' awaits the Iraqi market" Quote: "Foundation for Economic Studies and Consultations expected, today, Monday, December 23, 2024, an increase in the dollar exchange rate during the next few days, following the announcement by the Central Bank of Iraq to stop the currency transfer window platform." Mnt Goat Article: “REASONS FOR THE DELAY IN SENDING GENERAL BUDGETS IN IRAQ AND ITS ECONOMIC REPERCUSSIONS” Iraq is trying desperately to fix the system they have in place of budgeting. The article tells us the system has been an ongoing issue and needs to be fixed. It lists the issue involved and is very informative. I will tell everyone...The hold up of the budget is NOT about the RV...I can tell you for sure with 1000% assurance the hold up of the budget implementation is NOT due to waiting for the new RV rate. Frank26 There is a plethora of very good informative monetary reform education articles that are coming out that are causing this great pressure of information, a venturi effect of information to the Iraqi citizens. This is the time to do that...We say to ourselves, 'Wow! They're telling the citizens they're going to add value to their currency by giving them purchasing power by lifting the three zeros from the exchange rate. Wow!' This monetary reform education right now, it's so much of it. It's cornucopia that is filled. It's a piñata that got busted open and it's spilling everywhere, every day. Clare Article: “Iraq suspends official work tomorrow, Wednesday" Quote: "The Iraqi government decided to suspend official work tomorrow, Wednesday, on the occasion of Christmas...In Iraq, Christmas is an important religious and social occasion celebrated by Christian sects, where prayers are held in churches amidst a spiritual atmosphere, cities are decorated with trees and lights, and celebrations reflect the values of coexistence and peace among the various components of Iraqi society." Militia Man I believe they're at their end of the road and we're watching amazing events come to a close. Let's watch and see what happens. It surely looks powerful my friends. I really do believe it looks really really powerful. I think people would be going, wow, this is real. Yeah, it is real. I'm excited everybody. I hope everybody has a Merry Christmas and God bless... Frank26 [Iraq boots-on-the-ground report] FIREFLY: All banks according to Mr. Sammy have stopped all cash transfers from today to January 7th as part of early inventory. We have declared a two-day holiday on Christmas and then the next day. This is the first time that we've ever done anything like that on Christmas. FRANK: Soon you will have purchasing power for the first time in a long time. FIREFLY: This will also mark the end of using or handling cash as ever before...We're going digitally with a new rate...
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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 [Iraq boots-on-the-ground report] FIREFLY: Mr Sammy says the key will be to keep the inflation down once they stop the auctions and then the notes will pop and the rate. But auctions closing will force things. FRANK: Closing the auctions makes them obligated to give you a new exchange rate with lower notes to match it. FIREFLY: Mr. Sammy also says that by December 31st we could see that. So that means it could be before that. FRANK: Regardless whether it be in two weeks or two months it's happening. It's coming. We need to be ready.
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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 Walkingstick You want to go to Chase [to exchange your Iraqi dinar]? Nah. Where you going to go? Aki: There's going to be thousands of those exchange centers all over the world. If Chase is going to make you wait 6 months I'm just gonna go to Aki's or the CBI's private banks. In Michigan there will be hundreds of them. Frank26 Sudani and the CBI defend the monetary reform because that is the security and the stability for the new exchange rate. Wolverine [Rumor] The platforms are closing down right now. It looks like we are crossing the finish line. It’s all (allegedly) coming before Christmas. Samson Article: "Al-Sudani: The citizen wants to see something realistic and is tired of promises" Militia Man Article Quote: "After getting rid of heavy burden of its debt, Iraq has transformed from a country indebted to other to a country that can be a creditor to others." Iraq is not going to be be in debt to others but they'll be one that can credit to others. Iraq's going to have a lot of money. Non-oil...oil...tourism revenues...are all in play. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is talking about the dollar exchange. FRANK: of course they are. That's all they're going to talk to you about. FIREFLY: They're saying the dollar platform is about to stop. They're saying there's a shock that's coming when the platform stops. Then they're saying the dollar will rise because of the demand. We think they are warning to be careful not to use the dollar. That's crazy. We know the dinar will have to go up... FRANK: Yeah, because it's not going to be just 1 to 1 IMO. It'll be maybe a little more than 1 to 1 which means it has more value than the American dollar. MarkZ [Reference Mnt Goat post 12-20-24] A change in the dinar rate breaks that parallel market, so to me with the mechanisms put in place yesterday… now they can pull the trigger. Mnt Goat Do you realize how long we have been waiting for this news to get off the sole dollar in payments for imports and be done away with these corrupt currency auctions? Yes, Iraq is now officially out of the sanctioned mode of paying for imports...Can the news get any better (other than getting the RV of course…), WOW! WOW! WOW!. Yes, it’s DONE! ...I see this process moving ahead now very nicely. +++ Friday Midnight Opinions +++ Frank26 [Iraq boots-on-the-ground report] FIREFLY: Gazette number 4,805 was written and it is all about the amendment that they did in the budget...but it still has not been released to the public yet... Militia Man Outside illicit trade have been warned about "SHOCKS"...The dollar auctions are going to cease and apparently within this year. They did say that is was not going to be specifically on any day. They suggested that timing was open, yet to be within this year. imo That could be anytime or any day they choose. Those that are not associated with a global correspondent bank or hooked up with system already have been warned all year long. It is on them now if they suffer losses. This shows there is no stopping Iraq's Monetary Reforms... Walkingstick The IQD is being introduced to its basket members. These foreign currencies that are coming in through the contracts, some of them, if not most of them, will be playing the part in the float of the Middle East basket. Why is it that this basket is the next chapter in our study? Because the CBI auctions are ending on December the 31st of this year and there will be no restrictions on the Iraqi dinar on an international level as it was before ...This is article VIII compliance which allows them to stop the auctions...Once the float increases the international value of the Iraqi dinar it will start to pair to these currencies in this basket and IMO it will quickly rise in value due to the demand that we are seeing right now. Kaperoni Article: "The Central Bank of Iraq decides to add the Saudi riyal and the Jordanian dinar"
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