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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 Pimpy People are saying, 'Could they change the rate Pimpy?" Yeah, of course they can. Until the final budget is out we know they had projected the budget at 1300 dinar. They could come out and say the budget has been approved...by the way the new exchange rate is whatever it is. That is a possibility but I doubt it. I do anticipate it going up in increments. We're at 1300 dinars for every dollar. Of course I would love it at least to get back to 1190 dinars where we were prior to it being devalued... Frank26 [Iraq boots-on-the-ground report] FIREFLY: Asked bank friend what is the CBI governor talking about [Parallel rate talk] . Bank friend said it's all about stability. The dinar will be strongest ever when its parallel to the street rate. This is the best time to do a rate change - at a stable point. And since we already de-pegged from the dollar we are at a point of no return and it must happen. The deleting of the zeros will be coming. We are way ahead unlike before. FRANK: I have to be careful of what I share with you...your bank friend is 1000% correct. Clare Article: "Baghdad and Washington affirm support for Iraqi banking reform efforts" Quote: "Iraq announced the agreement with the International Monetary Fund and the World Bank to hold a "non-financial" program that includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."

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: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price." Pimpy Article: "Parliamentary finance suggests when the dollar price will stabilize at the official price" As much as they talk about this in the news there's obviously still some concern about the exchange rate of the Iraqi dinar. The difference between the official rate and the parallel rate is slightly off but it could be a lot closer. There's still enough margin...that the "bad guys" can still make a pretty good profit if you're dealing with large amounts of dinars verses dollars...what they're predicting is once the budget is approved and implemented then you'll see the official rate and the parallel rate equal out... Frank26 Article: "Parliamentary Finance expects the date of stabilization of the dollar price at the official price" Quote: "We are sure that after the approval of the budget law, there will be a match between the official price and the parallel price." LIKE WE TOLD YOU THEY KNOW THE DATE..! Sandy Ingram Article: "The Central Bank announces the launch of the banking supervision reporting system" This new system may seem like another boring news story but I assure you this announcement is pure gold. The new system will help the Central Bank of Iraq know instantly the financial status of banks and non-banking financial institutions approved by the Central Bank of Iraq...

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 Article: "The Central Bank participates in a workshop to support the proliferation of points of sale (pos)" Quote: "Deputy Governor, Mr. Faisal Al-Haimus, stated that this bank is the best support for the private sector participating in the paradigm shift...The reality is that this cooperation will soon reap its positive fruits" It's a paradigm shift. Heck yeah! ...to have something so dramatic from a program rate to a float on your currency that only would add value to it on a constant basis?!? Paradigm shift is right! Holy guacamole! This is fantastic article...they're talking about the new small category notes that's the only paradigm shift that's occurring I promise you. The Monetary reform takes the IQD into a new dimension. Militia Man We hear there is a timeframe for them to have the whole country...online electronically sometime around June 1st...that's what we're hearing. It's not necessarily in writing, cut in stone but effectively based on what we're getting from the banking side of the equation... MarkZ I am excited. Excited about today…excited about where we are headed…excited about all the progress we are seeing… I continue to hear from a lot of different sources like contractors and in the finance ministry over there…that there is a lot of pressure on…and they seem to have a goal in mind somewhere around May 10th…but it could happen before that. None of us know the exact timing. We are guessing based on what we see and hear. All of the indicators are very solid right now. These are exciting times…frustrating…but exciting. Walkingstick These 8 points are from the minute notes from the latest CBI and their private banks meeting that they had last week. The individuals [who got them] were at the executive level. 1. The subject was about employees are now paid in IQDs throughout Iraq] because it is their national currency. They are proud of the monetary reform success. [Post 1 of 8-stay tuned] It's taking forever for the remaining 7 points. This one was available 5 hours ago..!

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 [via Frank26] Currency swaps are in motion with a number of countries right now. The IQD will be asset-backed before it hits Forex. Clare Article: "Najaf Airport: adopting dinars exclusively for tickets for passengers" Quote: "We would like to inform you that the management of Al-Najaf Al-Ashraf International Airport has directed a decision that it is necessary to receive the sums due from Iraqi Airways passengers exclusively in Iraqi dinars and at the official rate of the Central Bank of Iraq".

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 From Iraq: Article: “Full Cabinet decisions at today’s meetings.”' Today they were making decisions and moving money, changing ministers and all sorts of things today. They are making decisions in today’s meeting that requires a budget to be done. This leads me to think the budget is already done and they are waiting to announce it along with the new rate. Nader From The Mid East Article Quote: "...Foreign currency sale window platform...The growth has helped in reducing the gap between the official and parallel exchange rate significantly over the past days. The growth rate of banks participating in the platform reached 155% while demand levels raise from 42 request per week to about 1,280 requests...volume amounts for these requests rose from approximately $44 million per week to more than $490 million per week..." I follow Mohamed Salih, he's very good. And a second one it's the CBI. Sandy Ingram The 2nd International Conference on Real Estate and Investment kicked off in Baghdad Yesterday, May 1st. Baghdad is entertaining neighboring countries and foreign counties to encourage investment in the area. Iraq is on a roll of progress. Deepwoodz [Q? : Is dropping the zeros even in play here? Any articles saying so?] If not, it’s going to be some time at the current rate of progress to get 1-1.5. That’s why I question the significance of becoming parallel. Is that part of being compliant that will facilitate a larger jump? Walkingstick [Iraqi Bank Friend Aki's CBI meeting report] WALKINGSTICK: Employees are now paid in IQD throughout Iraq. FRANK: What does it mean? It means they're Article VIII...that the currency of Iraq has a new value to it and they know it. WALKINGSTICK: ATM machines are in the private banks are now linked internationally all around the world...the tender for the new national currency and the coins has been fulfilled and it will be done by DeLaRue... The exchanges that will occur through the ISX and the ESX, that date was given in order to start trading internationally. FRANK: I'm very curious to know when that date is...! WALKINGSTICK: The introduction of the notes and coins was given. Mining operation contracts rolling in now. All of them paid in Iraqi dinars... MarkZ ...the Iraqi dinar...was valued at $4.04 against the USD in the late 90’s. Then it cratered with all the sanctions against it after they invaded Kuwait. Everytime they have revalued their currency over the years…they have not just dropped zeros…the value changes and you come out ahead. …They have significantly changed values 3 times over the last 100 years...Similar to the value change we are all looking for right now.

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 Samson Article: ”The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)" Quote: "...the new system will collect financial data from banks and non-banking financial institutions represented by banks’ quarterly data tables, mandatory reserve reservation tables, and trial balance tables for non-banking financial institutions.” Kaperoni If the Iraqi dinar is ever going to go up in value it will do so as stated by the IMF several years ago in the Article IV Consultation stating that they encouraged Iraq to move to a flexible exchange rate policy...which would allow a predictable and gradual appreciation of the exchange rate... Militia Man The CBI announced today the BSRS (Banking Supervision Reporting System)...It's important is because ...the banks in Iraq...didn't have advanced technology. It was all pen and paper...and it was a mess...Now they have the whole system set up from the Central Bank of Iraq down to the banks and down to the branches. What that means is they have all the knowledge of all the currency inflow and outflow...In other words the central bank knows...how much currency inventory goes in the country and goes out of the country...they can account for all the money...The ability to account for currency and the inventory of it is phenomenal... Clare Article: "The Central Bank of Iraq launches the Banking Supervision Reporting System (BSRS)” Frank26 Article: "One week separates the dollar from stability at the parallel price of 132 thousand dinars". 1320 IS NEXT AND THEN 1100, IN MY OPINION.

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 Mnt Goat In Shafaq News, the Governor of the Central Bank of Iraq Ali Al-Alaq, on Thursday, that Iraq is on alert to adjust the exchange rate of the dinar... MarkZ In Iraq -Article: “The house of representatives keeps its session open and resumes this evening” They completed the second reading. We do not yet know the timing of the third reading. There were no changes in the budget law…this is important...What I am hearing from Iraq …there is a possibility they do their third reading tomorrow and just announce it. They are trying to keep things as quiet as they can. They want to keep it under wraps until Thursday or maybe Friday. There are a lot of rumors and chatter from the banking side that tomorrow could be the “GO”…. We will see.

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 Article: "Governor of the Bank: Iraq is on alert to control the exchange rate of the dinar" THE CBI GOV PUTS THE IRAQI CITIZENS ON HIGH ALERT FOR AN ANNOUNCEMENT OF A NEW EXCHANGE RATE! Nader From The Mid East Article: "The governor of the Central Bank of Iraq, Ali Al-Alaq confirmed on Thursday that Iraq is on alert to control the dinar exchange rate..."

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 Sandy Ingram A Republican Senator or Representative has introduced a bill in congress to get rid of the Income tax and possibly the IRS. This could mean NO taxes on our exchange. There's a long road before any of this could happen... Clare Article: "Al-Sudani: We look forward to transforming Iraq into a center for world trade through the Al-Faw port project" Quote: "..transforming Iraq into a center for global trade between Asia and Europe through the great port of Faw project and everything related to it."..."Economic zones, residential communities and tourist attractions. We look forward from this giant project, which will extend over an area of more than 20 square miles, to open the way for an economic boom for Iraq," A great article ... with real promise..!

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 Sandy Ingram The exchange rate between the USD and the IQD is still at 1458 on the international currency feed. We don't know why it has not calculated to 1300 per the CBI's rate change...[I'll] keep you posted. Pimpy There's a difference in RV and RI...RV is when you re-value a currency. We saw a revalue when the Iraqi dinar went from 1190 dinars to 1450. That is an RV. An RI is when you had an exchange rate for whatever reason they changed it and then once it was done they just reinstated it. That's what happened to Kuwait.

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 There is some really big information that came out yesterday…From The Arab Monetary Fund and Al Sudani talking about joining the International banking system. This is huge. These people are telling us they are going International.

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 The National Investment Commission...saying they're going to adopt the Iraqi dinar in paying dues for housing... They're getting rid of the MCPs (multi-currency practices). They are going to be paying dues/rents in dinar. This is the governmental process coming into play...The banking system has gone digital. They've gone to the new Swift system now the government is going and interconnecting with the new system...they're going to be in...the dinar. Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani again is telling Iraqi citizens to hold on to their dinars. They are talking about how we will lose money if we don't. And that the dinar will gain value. FRANK: Sudani again this week comes out and tells the Iraqi citizens hold onto your dinars, don't be trading them in for foreign currency/for American dollars...If it was not happening the way we think it's happening they sure as heck wouldn't tell them that...That is the most powerful, significant thing that is happening right now. Sudani and the governor of the CBI telling the Iraqi citizens don't let go of your 3 zero notes, you're going to be trading them in at a different rate of 1 to 1... Walkingstick & Frank26 When it floats internationally, the Iraqi dinar will be listed as an emerging or transitioning economy in the international marketplace...This is part of the monetary reform... Pimpy I got people out there telling me, 'No Pimpy man they got an in-country rate versus an out-country rate.' No they don't. I told you guys I don't know how many times, that doesn't make any sense. Do you understand if they had a different exchange rate compared to what the rest of the world has, the type of black market that would be created because of the 2 different rate changes? Does not make sense to you? [Post 1of3] Pimpy Let's pretend that in fact there is an in-country rate versus the rest of the world. Let's say everybody outside of Iraq gets a rate of 1300...and the people on the inside of Iraq get 1000 dinars... Here's the problem - Why wouldn't I just have people outside of Iraq buy my Iraqi dinars for more and smuggle it to me in county? Because then for every dollar I'm getting an additional 300 dinars for every dollar...Does that make sense to you? [Post 2of3] Pimpy Think about it...what ends up happening is you create a black market. Whether the exchange rate is better in-country or out of the country you're sill going to have people buying dinars, selling them on the opposite side just so they can make more money. That's why you won't have an in-country rate...use a little common sense. That doesn't make any sense whatsoever. None whatsoever. There is NO 'in-country rate'..! [Post 3of3]

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 & Frank26 They are explaining to the citizens all the details of the currency reform. This is the CBI's 2nd stage...it is the how, when, why and where of the 2nd stage of the currency reform...The currency reform will introduce the new exchange rate and the new small category notes. Hopefully...but no guarantees..! Frank26 The 2 questions that are constantly being asked of me - What is the date? What is the rate? ...the rate in the articles - they're going to float the dinar. They make it very plain and simple that their goal is to try to be at least 1 to 1 with the Iraqi dinar when they float...the rate right now is 1300 maybe soon it'll be 1190, maybe 1000 to 1... Frankie, no one has made it clear that their goal is to be at least 1-to-1 at any time. This has been your hypothesis, and that of many others; however, the CBI has made NO SUCH CLAIM...so quit the BS that this is a stated, or known fact. NO ONE knows what the rate will be - everything is pure speculation...! RON Clare Article: "Historic collapse.. The Iranian currency records 5 million per 100 dollars" Quote: "The decline of the Iranian currency comes despite the recent steps taken by the regime, including the appointment of Muhammad Reza Farzin as the new governor of the Central Bank on December 30, 2022...the riyal was trading at 315,000 riyals to the dollar when anti-government protests erupted in mid-September." Samson Article: "Parliament hosts the governor of the Central Bank of Iraq to discuss "the status of the dollar". EXCHANGE RATE ON THE TABLE AGAIN. Let's hope they come up with a viable figure that the CBI & the IMF will go along with...RON And NOW for some of Mark's infamous MarkZ I have a contact with a banking story…they said their bank (a major bank) drive through was closed…the ATM was down for work…they had a conversation with a long time banking contact there who said they were updating and changing their drive throughs and ATMs for our new currency...huge news in my book...Its getting harder and harder to hide this from the rank and file workers…they know they are getting new equipment…Some of this new equipment is to verify foreign currency so they can exchange them…they are keeping this so compartmentalized in the banking sector…they know something huge is happening…If they were told...that many foreign currencies will soon be worth a lot…how many of these employees would still be around in the future? So they try to keep them in the dark... What a crock of crap..! There are NO ATM's that will change foreign currency notes, anywhere...! Here in the USA you will have to deal with a teller at best, but most likely a private banker or some level of manager/supervisor. Where Mark pulls this garbage from amazes me. RON That's all there is for today folks. Blessings..!

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 CANDYKISSES Article: "The government to (Baghdad today): We agreed with Washington on the dollar and the results will appear in the markets" Quotes: "The effects of these dialogue and agreements will be tangible in the near future, especially with regard to the dollar and exchange rate crisis," he added.", "There is a new mechanism that will contribute to the stability of the exchange rate in the markets in the coming days, and at the official rate," he explained."

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 1300 is halfway between 1460 and 1166. What good does that do? How is that alleviating any pain? Inflation has risen since the 1460s so they're not getting anything. It's not any good for them. That "second package" [coming from the CBI] is a key component ...they know 1460 to 1182/reverting to 1300 is still not doing anybody any favors... MarkZ Let’s look at the meetings over the last couple of weeks…France, Germany, the UK, Turkey, China, with the new Iraqi administration. Why would they be going that many places, consulting with so many countries…if all they were doing was changing the rate a couple measly percents on a next to nothing rate? There has to be something more to all of this. All the Paris Club Nations meeting with Iraq. All hold IQD as a result of the Paris Club Accords. Pimpy This is the obstacle standing in the way of the Iraqi dinar and that is they have to clean up their corruption issue. They have to do whatever it takes to have these restrictions lifted on their currency auctions and their ability to get hard currency... Henig Article: "Iraqi delegation arrives in Washington to discuss government measures on the dollar" Quote: "Deputy Prime Minister and Foreign Minister Fouad Hussein arrived in Washington at the head of a high-level government delegation" Frank26 There's no doubt that the IQD is in position to float. There's no doubt! There's no questioning. MarkZ Article: “Deputy Prime Minister Dr. Faud Hussien arrives in Washington DC yesterday late afternoon” Heading a high level delegation. The big thing here is this is the meeting we have been waiting for. We are hoping this is the kick off to a massive rate change. Not just what we are watching now. Pimpy Article: "Governor of the Central Bank: We affirm that they have proceeded with the government to enhance confidence in the national currency" That's the other issue with Iraq. They prefer the US dollar per the dinar...You got to get people wanting to use their local currency more than the US dollar. And you do that by increasing the exchange rate a little more at a time, giving them more purchasing power and devaluing the dollar within Iraq...I think if everything goes smoothly we're most likely will see another small change in the exchange rate... Clare Article: "Iraqi Foreign Ministry: The delegation's visit to Washington will discuss two basic economic files" Quote: "The delegation will hold its dialogues with the American side in Washington, which will focus on supporting Iraq's monetary policy and exchanging financial and banking support with the aim of strengthening the Iraqi government's vision of its measures regarding the exchange rate of the dollar," Walkingstick The exchange rate of the Iraqi dinar is not done yet. It has a mission to leave the borders of Iraq. 1750 in the streets, to around 1500 to 1460 with the BI and then to yesterday 1300 to 1 as the official rate. This is what we taught you, the gradual change in the exchange rate...suffice it to say the exchange rate of the Iraqi dinar is going in the right direction and they're not done yet...

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 ***Dinar CBI News Flash *** The Central Bank of Iraq has officially increased the dinar exchange rate to the US dollar. It is now 1310 to 1 USD down from 1460. Remember, going down in this instance is good for dinar holders. This is a 10% increase in value. Will the dinar rate continue to float upwards? Frank26 Article: "The Central Bank of Iraq begins selling the dollar at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting Wednesday, 2/8/2023, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate." IN THE FLOAT YOU WILL HAVE TO KNOW WHEN TO HOLD 'EM & FOLD 'EM BUT BEFORE THAT YOU WILL WATCH THE EXCHANGE RATE GRADUALLY INTERNATIONALLY FLOAT TO, 1 TO 1... Clare Article: "The Central Bank of Iraq begins selling dollars at the new official rate" Quote: "The Central Bank of Iraq will start selling the dollar at the new official rate, starting Wednesday, 2023/2/08, and will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate. The exchange rates will be as follows: 1300 dinars per dollar purchase price of the dollar from the Ministry of Finance. 1310 dinars per dollar The selling price of the dollar to banks through the electronic platform. 1320 dinars per dollar selling price of dollars from banks and non-bank financial institutions to the ultimate beneficiary." MarkZ From Rueters: “Iraq revalues currency to 1300 IQD per 1 USD. – Cabinet statement” On Bloomberg: “Iraq revalues currency weeks after replacing central Bank head” They are showing clearly that they have the ability to change it at anytime at will. I am getting some interesting feedback from the banking side on this. They are ecstatic. They have been looking for this first move. Treat this as a rumor but many of my bankers that are involved in the exchange process are convinced that after Iraq made that announcement this morning we are now in a 48 hour window since they have now made that first move. Treat this as rumor…The thing you treat as fact is the process is well underway. Walkingstick From 1750 in the streets to [1300] to 1160...to 1 to 1. This is the goal in order to float and this is what you're seeing the evidence of it right in front of your face. It's going in the right direction. Militia Man Today has been a big day...They are telling us they are going to do certain things and this 1300 was one of the first stages. The second stage is...they're going to re-prepare the 2023 budget. In this context the Central Bank governor has stated that's what's going to happen... Frank26 The education to the citizens is becoming a little bit more in-depth. They have to know the next step is the float. IMO that's what the CBI meetings [In Washington/US Treasury] were doing - preparing the United States for the Iraqi dinar to float. MarkZ Question "So what is your plan if Nader is right and it’s a slow grind to get the dinar to a 1 to 1 rate? At what point will you go and trade in your currency? Will you exchange a few or deposit it in a multicurrency account?" I am told when it’s at a substantial change your banks will offer you a multi currency account when you come in to exchange it. You will be able to hold it as dinar in this account and your account balance will continue to float as the rate goes up. Hope that makes sense. [Reference Nader's Post below] Whoever asked these questions must be a novice, and hasn't got a clue as to what's really going on. Unless, it's Mark making up the questions, so he can answer them - that's most likely the case...LOL..! Pimpy The Iraq dinar exchange rate has changed. It went from 1450 dinars for every dollar to 1310 dinars for every dollar. You're looking at about a 9.6% increase in value...Looking very good. There is baby step one...just like I said, they're gonna go up in increments - small amounts a little at a time. Clare Article: "Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick" Quote "...the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their approval of the decision to reduce the exchange rate of the dollar." Frank Media Tweet "Panic selling USD as Iraqis try to get rid of their dollars after Central Bank of Iraq successful measure to reinstate IQD value" JUST WAIT UNTIL IT FLOATS AT 1 TO 1... THIS IS A TEST RUN. I agree, just as I said yesterday. Pimpy This is great news. We love to see the Iraqi dinar exchange rate go in this direction, the right direction. The Iraqi dinar has increased in value against the US dollar. What else is all right? Me predicting that the increase wouldn't be above $.01. As a matter of fact I said that the increase will most likely go back to the original rate prior to the devaluation. I thought for sure they were going to go to 1190 dinars for every dollar but instead they went to 1300 dinars for every dollar. It's still a step in the right direction. Sandy Ingram Emergency Breaking News Update. IQD rate changed to 1300 to 1 dollar. Hold on, the fat lady is NOT singing...the Iraqi dinar has been selling at 1470 dinars against the dollar before the New York Federal Reserve introduction tightening control on International dollar transactions. Yes, this is not what we were looking for...but this is excellent news for the Iraqi people. We knew there would be a rate change and we would not be happy with it. We also knew that we may need to wait for higher rate exchange to the US dollar... Nader From The Mid East I told you [yesterday] morning before everybody, before it comes out even in the news. I told you the dollar was at 1300...it's not going to be go to sleep and I wake up and I'm millionaire and the RV happen...it's gonna float...It's gonna be 1 to 1 by July...but for now it has to float. It has to show its muscles...for the next couple of weeks gonna get better. Watch it floating... yada Consider all this time the dollar was being removed from their economy, it was to create a demand for the dinar. The government offices and merchants were told not to use dollar or be arrested. And now with all the contracts from other countries come to Iraq, they will pay in dinar, creating more of a demand hence causing the market value to go up. MarkZ Article: “Panic selling of US dollars as Iraqis try to get rid of their dollars after the Central Bank of Iraq’s successful measure to reinstate IQD value.“ These people know something. They know the mechanism has started… All over Iraq they are trying to dump their US dollars and get dinars back in their hands. This is huge news. Pimpy You're looking at about a 9.6% increase in value [at the 1300 rate] for the Iraqi people. That's more purchasing power...we'll see if the Iraqi people actually feel the increase once the prices start to change...that increase could be so small that it doesn't do a whole lot to the markets...I do think this is their first increase this year...I'm anticipating a second increase this year. The second increase is really going to depend on how the economy is going... And NOW for a few of our Clown Posts Bruce Remember the international rate that you may see is not necessarily what we’re going to have on the front screens at the banks, we‘ve already seen some of those rates and much higher and are going to be very good for us ok don’t worry about that...I’m excited Let's, get this thing done. Let's have a great weekend. MarkZ I am still hearing though from banking contacts... now it could happen between yesterday when they announced the rate is 1300 and mid February...The banking side is more confident than I have ever seen them that we are at the end of this.

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 What have I told you is the reason why we do not have the reinstatement of the Iraqi dinar? It's Iran...there's only one reason...that's what they're dealing with, the corruption of Iran. And the meeting they are going to have [In Washington] is very powerful. It deals with the exchange rate and corruption of Iran. Clare Tweet #NRTnews "A delegation from Iraqi Central Bank meets the representatives of the US Department of the Treasury in Istanbul Turkey, for talks on stabilizing US dollar exchange prices to Iraqi dinar, Khalil Ghazi, Iraqi parliaments finance committee said" Guru Pimpy The big problem is this. A lot of these political people in Iraq are allies with Iran. That's a huge problem for Iraq. And because of this they do a lot of business together, trades together. But they deal in the U.S. dollar. If Iran is supposed to be sanctioned and Iraq's supposed to be working with the United States that's violating the sanctions is what's happening. So Iraq's now being punished for it. And NOW for Mark's daily dose of more of the same BS..! MarkZ What I am hearing from banking centers...It has been a week of “Groundhog Days” for them. They went in Monday …they were told “tomorrow. They went in Tuesday and sat there all day…they were told “tomorrow”. They went in Wednesday…they are very frustrated but were told that it is so close we need you here daily…until they finish this thing. Just like your posts Mark...LOL..! They are pushing them hard to not leave or go anywhere over this weekend. They are very frustrated and have been expecting this every day since Monday. Nerves are very frayed at this point, but they know we are painfully close.

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 .... Especially if it comes from Mark... RON Clare Article: "Al-Shammari: The government's decision towards the dollar is bold... and reveals a commitment to the new central bank governor" Quote: "The new governor's pledge is to restore the exchange rate within a short period, and I estimate that it will only take weeks." MarkZ Here is a humdinger Article: “Sudani: We are supervising the completion of a “different” budget and continue our support for the restoration of our exchange rate”. This headline should tell us all what we need to know. Sudani has been very clear they want a “Restoration to their previous glory” exchange rate. To a pre-Kuwaiti war rate. …Pre Gulf War rate.

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 Article: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" THE WALL STREET JOURNAL AND THE INTERNATIONAL WORLD TALK ABOUT THE EXCHANGE RATES IN IRAQ. Nader From The Mid East Today for the first time since 20 years my mom is able to receive money directly from bank to bank. What happened is, mom needed some money...I was in France. I heard they accepting an electronic payments. So I sent money to my mom from my bank in France through Iraq and she received it this morning! I sent it yesterday morning and she received it this morning. It's amazing. [Post 1 of 2] Nader From The Mid East I know it's not a new thing but...before we're not able to do that. Now we are able to do that. What's weird is I've been watching the exchange rate. The exchange rate 1670/1650 but when I sent the money it was only 1460...just like the normal rate. That's good news. Something has happened. Something has happened tell you the truth. [Post 2 of 2] BGG Article: "Saudi Arabia Says Open to Settling Trade in Other Currencies" ...Iraq is talking about their currency and it’s value almost every single day. The set of events I have discussed recently are now being talked about in MAINSTREAM outlets. Stick to news.! [Reference BGG post 1-15-2023] WOW - Everybody is talking about the IQD..! RON

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 Article: "For the first time... $100 jumps over 165,000 dinars in Iraq" THE USD EXCHANGE RATE WILL FLUCTUATE UNTIL THE IQD FLOATS INTERNATIONALLY. Guru Kaperoni I remind people...Iraq currently has over 100 trillion dinar in circulation. There is no possible way that can ever significantly RV the Iraqi dinar unless they gradually remove the currency in circulation first. Clare Article 1: "The Wall Street Journal reveals the scenes of the Fed's tightening of the dollar in Iraq" Quote: "the Federal Reserve Bank in New York began imposing stricter controls on international transactions of dollars by Iraqi commercial banks in November 2022, in a step to reduce money laundering and illegal seizure of dollars that go to Iran and other countries in the Middle East that are subject to severe sanctions.” [Post 1 of 2] -Reposted Clare Article 2: "Iraq Economy Reels as U.S. Moves Against Money Flows to Iran -- WSJ" Quote: "Iraqi banks had operated under less stringent rules since shortly after the 2003 U.S. invasion that toppled Saddam Hussein. Almost two decades later, American and Iraqi officials said they have decided it was time to bring Iraq's banking system into compliance with global money-transfer practices." [Post 2 of 2]

Guru Clare Article: "Where are the Iraqi oil revenues deposited? Sudanese advisor answers" Quote: "Saleh said, “(Externally) and according to Security Council Resolution 1483 in May 2003, the revenues of the Ministry of Finance from crude oil, gas, exported derivatives, and other funds are deposited in the Federal Reserve Bank in New York, all of which are deposited in an account called DFI or its current alternative"

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 Iraqi economist Sumaisem stated...that Iraq can cannot return the dinar to its previous (1170) for 5 years because it's bound to the white paper...and this is an obligation for the government so it cannot begin to decrease for at least three more years. Paulette the big move for Iraq is the "restructure". The RI just increases their purchasing power on the International stage...

emember, 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... Especially if it comes from Mark... RON Frank26 Question: "I understand that they have 720 trillion dinars in existence how can this quantity be revalued to even 1 to 1 to the American dollar?" You change the physical currency. Instead of a 25000, you have a 25 note. But you don't just change the currency. You also change the exchange rate...You're changing physically the currency but you're changing the rate... Mark Article Quote: “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run...the CBI is prepared and ready..[post 1 of 2] Mark I am also hearing from my contacts in the QFS [Quantum Financial System] team. They are looking at a very short window of “This Week” to release. We will see if that pans out. These are the same group that tells me to “trust the plan” and this group feels the next couple days will be huge...That the green light has officially been given and we are about to see all kinds of craziness kick off. I am ... hopeful they are accurate..[post 2 of 2] Clare Article: "Al-Mandalawi: Quick and decisive measures to stop the rise in the dollar exchange rate" Quote: "To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate." Pimpy Article: "The Central Bank launches an electronic platform for buying and selling the dollar next month" This is going to probably alleviate a lot of the corruption involved with the currency auctions. There's no guarantee...but it should...the more they become updated...the less likely we have of corruption. Breitling What's Iraq looking at? They're looking at the markets - where can they get the most customers and that's it. They have two things in front of them. Adding value to their currency and where can they get the most customers. So they're looking at the GP2 and IPEF. They're looking at 62% of the worlds population that is part of those trade groups and 40% of the world GDP. They're going to build a policy based on those numbers. That's it.! Mark [Q? : I don’t understand what an RI or RV is.] A reinstatement would be going back to an original rate…a RV or revaluation would be a rate different than that…and a float is somewhere in between. Kaperoni The dinar has no restrictions. The banking system remains under IMF Article XIV...Iraq still needs to meet some compliance issues and receive approval from the IMF in order to move to IMF Article VIII... Pimpy Article: "Parliamentary legal hints at an "emergency" session to approve the 2023 budget" If this thing can somehow get approved by Al-Sadini and then the House of Representative takes a look at it and [if] everybody's pretty happy, you can see an emergency session be called in and people vote on it right away. The sooner the better... Walkingstick The new ATMs have the software for the new small category notes. I don't know if the new small category notes are in it. But I can guarantee they do have the software for the new small category notes. That's why they are not online as of yet. The software for the new small category notes is already programed into these machines and is ready to go active any time. Clare Article: "Planning: Al-Sudani issued directives to address the effects of changing the exchange rate of the dollar" Quote:"the Ministry of Planning revealed the issuance of directives from Prime Minister Mohamed Shia Al-Sudani related to addressing the effects of changing the exchange rate of the dollar...the effects of changing the exchange rate are not all negative," stressing that "there is no agreement, whether in the House of Representatives or in the Central Bank, to change the exchange rate" And now a bit of Mark's nonsense: Mark ...on the forex…we are starting to see some very strange values popping up. Nobody is exchanging…and values have not officially changed…Maybe they are priming the system? It is not yet what we are looking for. There are some real ping pong games going on with the forex. Makes us wonder “why?” It appears from the outside looking in…and from conversations from people on the ground in Iraq that the markets are trying to force the CBI to move. At this point I’m confused at what is playing out. We seem to be watching the de coupling as things start to move…and I was told there would be a “dip” in the dinar right before the revalue. And that is what we are seeing..[post 1 of 2] Mark ...we are watching exactly what I was told to look for years ago…the crazy back and forth news on values … This weakening of the dinar could be them trying to get more dinar off the streets before coming out with a float. We are trying to make heads or tails out of all of this because we are also seeing on some foreign currency exchanges some crazy values on the dinar…where its worth $6-$7 dollars…to $4 dollars…but nobody is trading it… and we are seeing those rates and fluctuations…on several kinds of currencies…not just Iraq. ...I think they are priming us for value changes…and more than one. This makes me feel a little more warm and fuzzy that maybe Iraq won’t be going alone? They have not changed values yet and we cannot go exchange yet…there is still possibilities of a float..[post 2 of 2] Boy, does he try to cover all the bases...LOL..! That's all for today folks. Blessings..! RON

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 application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar." Mark ...I was told that if they come out at a float the banks will be offering us multicurrency accounts for us to deposit in when we exchange. Then we wait…and watch and decide when its high enough …or pull out what we need. I am not in the least bit worried about it. Pimpy There's something I'm noticing that's making me very suspicious about this whole Iraqi dinar exchange rate fiasco that's going on...Seems to me like people are purposely out there starting rumors to cause the devaluation of the Iraqi dinar so these [corrupt] people could purchase more of them so when a times comes and a real rate change has taken place they could benefit from it. Frank26 Article: "The application of international trade exchange for the Middle East transforms Iraq into an "electronic financial exchange center" Float here we come! How many time have I told you Iraq will become a financial hub? Quote: "The pioneering services will provide new horizons for the Iraqi market in ten foreign currencies, including the US dollar and the Iraqi dinar." I'm extremely happy...

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 Sandy Ingram Breaking news out of Iraq. This is what we've been waiting on - Insight into Iraq's plans. Article: "First Iraqi Bank Announces Iraq's Fully Digital Bank, Gears for a Cashless Economy in the Country" ...Each customer will be assigned an IBAN (International Bank Account Number) to allow cross-border transactions...the article did not mention an RV...the key question is will you need to be an Iraqi citizen or have Iraqi identification to open up a bank account. I don't know yet...BUT..... Militia Man Article: "Blue to Debut a Fintech Super App for Iraq and the Middle East" This news out is massive. Iraq is going international before our very eyes....They tell us they will be able to top up accounts in the Bluepay app on mobile phones. Trade USA Listed Stocks and all approved by the Central Bank of Iraq. They can do that with both the USD and the IQD and then exchange their balances with 10 other countries. Wow...Multi - currency capabilities with the USD, the Yaun, IRAQ DINAR, etc, etc.. Soon to be Saudi Arabia too. For those that have been on the fence about Iraq ever going international, you can rest assured now we have been spot on. Walkingstick The budget is voted into law in parliament. Then it sent to the president of the republic for his John Hancock...then ta-da it's official. But if it's not sent to the president...then what happens? It becomes law automatically without the signature of the president of the republic within 15 days of receipt...