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Showing results for tags 'tv report'.
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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... RON *** Militiaman Article: "After the barrel price reaches 95 dollars, will the exchange rate be restored?" Quote: “The current government is a caretaker government, and the political situation is turbulent, so it is unlikely that the exchange rate will be restored before the new government is formed.” The CBI devalued the currency with the same government caretaker...it is not imo the main focus of the CBI. It may be a focus for propaganda purposes in the scheme of things, as past revaluations support that there is in fact a component of just that. Even Dr. Shabibi ... mentioned that propaganda was one component of many. *** Samson Article: "Three Countries Embrace $360 Billion Of Iraq’s Stolen Money" Quote: "...the total amount is estimated at about 360 billion dollars and deposited in Turkey, the UAE and Jordan...the UN Security Council urged Switzerland to cooperate with Iraq to return its smuggled money..." *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: Television now talking about the imminent release...from chapter seven...when that happens the United States of America can release sanctions from Treasury Department and you know that will free up Iraq to go on Forex and global. FRANK: Precisely...these documents from the United Nations are all signed and they have been waiting. They are ready to go but they're not exposed yet because Iraq has not seated Kazemi's government yet...everything is still moving forward and you can see that...
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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... RON *** Frank26 [ Iraq boots-on-the-ground TV report ] FIREFLY: Kazimi met with the United Nation leaders today and he talked about Iraq's security situation and how Iraq wants to engage the International world. FRANK: Isn't that beautiful. How can you engage the international world unless you are article VIII ? What is the requirement of Article VIII ? If they have value in your currency and you have to protect the currency of the foreign counties that come into your country...I've been dreaming of this for a long time. *** Fleming Iraq is open for international business according to the IMF...Obvious indicators of this new focus on international business is that several large Iraq banks are opening offices around the world. AIB, Arab International Bank is also opening branches all throughout Iraq. Surely the People of Iraq are expecting Abundance of all good things to flow. The US is taking backstage in Iraq’s oil refining and distribution, evidenced by India Oil, now the largest producer of oil in Iraq. Iraq has this firmly in hand, knowing what must be done. There ascendance is about to be visible to the World.
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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... RON *** Sandy Ingram "Iraq's President Barham Salih nominated by ruling Kurdish party to run for second term" We do not yet know the fate of the prime minister position. *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: International Development Bank under the Umbrella of the Central Bank of Iraq opened a branch in Dubai...this move is shown to us it is going to help strengthen the Iraq economy. This is acting as a private bank under the umbrella of the CBI... FRANK: ...The same with many banks around the world. They're all excited about the CBI satellite banks in their country because they know a change to the IQD exchange rate is coming...if you recall I told you about all the private banks and where they're located in the United States. *** Kaperoni ...[dinar theory - Former CBI] Governor Shabibi wanted to reinstate the dinar. Not true, he was planning to float it.
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*** Frank26 [Iraq boots-on-the-ground TV Report ] Firefly: They're now talking on the TV about what they're going to do with the rate. They thinking it will go to 1000 or so then float ...a lot of talk about the rate being better than previous, then float. Frank: It is the hot conversation in your country...it's actually hot all over the Middle East...Every Middle East country they're talking about your 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... RON *** Mnt Goat Iraq has 1/6 of a penny for their dinar? Unbelievable isn’t it? ...we read article they had the largest foreign reserves EVER!...Dr Sinani Shabibi wanted to reinstate the dinar way back in Jan 2013. So why are we still here over 8 years later? *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: The Finance Mister just came on our television channel One...he says Iraq need to show their true value. FRANK: the REER. FIREFLY: They're saying that they are losing billions a day by not having the true value...he's saying that Iraq is a stable society and we have security and we have just signed an economic meeting with Saudi Arabia but doing all these things without a true real value is basically useless to the Iraqis and to our nation. The time has come to show the real value to the world so Iraq can grow. *** Walkingstick IMO the formal training of all the banks has been completed whether in Iraq or outside of Iraq...they are telling you it would be done in the early part of this year. You see article after article after article telling you the very same thing...
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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... RON ** Breitling The reality is what they're doing in Iraq is they're hitting everything. All cylinders are hitting perfectly. Everything is firing off and they're doing what they need to do. ** Frank26 [Iraq boots-on-the-ground TV Report] FIREFLY: The news is showing where the CBI sent a letter to the government of Iraq about talking and looking into changing the exchange rate...The Minister of Finance came out and said the private banks and our government are all talking with the CBI about the exchange rate...we are excited that they're telling us this. FRANK: That's wonderful news...all this talk about the exchange rate I know is extremely encountering but the promise is what's even more encouraging. You see they promise that they're going to give this new rate to you. The promise is going to be kept to you. ** Holly On Iraq: They don’t have to wait on the government. The goal of the CBI is to change the rate, not seat the government. The new rate will match the notes. Because they promised, it is in print.
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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... RON *** Nader From The Mid East [TV Report] Today in the Iraqi TV news (it's good news, but I'm not sure what they're doing) they said the rate is gonna change when they open the budget...But they keep saying to the "previous". The previous for us it's 1150, 1160, 1170 I don't remember exactly what it is, but they're saying that. When they say previous it mean the previous like that one before, it was corrected? Maybe I'm wrong...I hope they talk about 2003 or 2002 when it used to be $3.35 - $3.40...everybody is talking about it too in the cafe this morning...even if they put it out at 1150 and it floats it will go quick...two or three month would be a $1.50 - $2.00 something like that. *** Breitling Am I excited? Do I think things are coming down the road? Absolutely. 100%...Here's the thing, we talk about the past. We go back to the beginning of 2020 and they started talking about that they were going to reduce the value of their currency and just before 2021 came along, that's exactly what they did...they were trying to lower the value of their currency to pay off debt...they paid off their debt with Kuwait. They were ahead of schedule...you guys know they want to add value to their currency... *** Frank26 A dinar is a dinar inside the country, but the goal of the CBI is to reach the Real Effective Exchange Rate [REER]..!
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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... RON *** Frank26 [Iraq boots-on-the-ground TV Report] FIREFLY: They talked today and it was from the CBI. The CBI is giving reasons why they would change the exchange rate. They're mostly dealing with the economy. And they talked about how and why the CBI is going to change our exchange rate. FRANK: ...Our days are numbered...the whole world knows..!
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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... RON *** Frank26 [Iraq boots-on-the-ground TV Report] FIREFLY: Saying budget is tied to the white papers and reforms must be addressed. FRANK: The budget can only work with the new exchange rate... FIREFLY: They're saying the next session [of parliament] will be to vote on the presidents that we need and then the budget is being presented also with a vote. FRANK: Hold onto something it's about to get REEL. What I mean by that ...the Real Effective Exchange Rate. *** Kaperoni Tweet by Kurdistan PM Masrour Barzani - 'I strongly welcome the EU's decision to remove Iraq from its list of countries at high risk of money laundering. Now with increased cooperation and investment from the EU, banking sector reform and support will become easier to deliver for our people.' *** Mnt Goat ...we read in articles that it is time to adjust the exchange rate to enhance the value of the national currency (the Iraqi dinar) against the dollar. Iraq citizens say that they demand the return of the exchange rate of the dinar to its “normal” state. What is its normal rate?...I believe the CBI is pushing for the “glory” days of the dinar and this is their objective. This means reinstating it back on FOREX with a rate well over $3. We all need to remember that the true value of the dinar is NOT reflected in its current exchange rate even at 1120. [post 1 of 2....stay tuned] *** Mnt Goat ...We are waiting for the CBI, IMF, World Bank and BIS to finally release the real rate of the dinar [that] will fairly and truly measure up the REAL VALUE already present in the economy, the oil and other resources of Iraq. Iraq will never accomplish its goals as stated in the White Paper without the reinstatement of the dinar and globally trading it. The White Paper itself even tells us this is their objective to accomplish... [post 2 of 2] *** Sandy Ingram The white papers gives us the exact time frame...The white papers address the necessities needed for a financially healthy Iraq. The white papers have a 3 to 5 year span from the date it was published 2020. Thus 2022 may not be the year to expect much movement in the currency rate except to return to the previous rate of December 2021...
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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... RON *** Pimpy The election is done, over with, finalized. We have the first session coming up. We have talk about the rate change happening. No numbers are being thrown around. My thought is they'll at least restore it back to where it was before...from 1450 dinars back to 1190 dinars. I know for a lot of people they're like, 'oh that sucks. That's not what I wanted.' As long as it's going in the right direction be happy. As long as they continue down the path follow the white reform papers it seems to me that these increases are going to happen frequently and at a much bigger chunk than that little jump right there... *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: There is a rumor that the exchange rate will go down from 1460 to between 800 to 1000. That's the rumor that's going around between bankers. We are not sure. We just heard this. He said it would be a process... FRANK: ...This is a rumor. He's right. IMO...
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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... RON *** Frank26 What am I looking for? The new small category notes...nothing else...it's in motion. You may say 'I don't see the new exchange rate.' It's in motion. 'I don't see the new small category notes.' It's in motion...the monetary reform is being presented to the citizens of Iraq. Not to you. Not to the international community. That's already been done... *** Nader From The Mid East Three things and it's happening now. The army leaving, chapter 7 almost done. The government's gonna take place. *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: Saleh on the news today saying that the next government will make changes to the exchange rate. He also said the 2022 budget is waiting for the next government to be seated and that will be the very first thing we're going to do...even if approval is delayed current payout will stay until the new exchange rate is presented by the government. FRANK: I mean talk about a confession...there will be a new exchange rate, they will change the exchange rate that they have when the budget is done and when they sit the 3 presidents...the change is coming...the CBI gave the GOI the new exchange rate. That's why you're about to see the new small category notes because the exchange rate will follow right behind it or right next to it.
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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... RON *** Nader From The Mid East The rate is going to start falling soon [NOTE: Falling means an increase in value.]...it's going to be unstoppable so get ready. Exactly when? I don't know but it's gonna be in the end of January beginning of February. I hope it happens. I hope no problems. *** Frank26 [ Iraq boots-on-the-ground TV report ] FIREFLY: Saleh is on the news today and he's saying that the next government will make changes to the exchange rate and that the 2022 budget is waiting for the next government to be seated and that will be the first that they're going to vote on as soon as they sit down...said exchange rate was up to the CBI to change and today Saleh tells us government will change the exchange rate in the next budget. ...WOW..! ....this is a big statement...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... RON *** Pimpy Article: "The withdrawal of the combat forces is historic achievement" We know now that the American and international coalition forces are now out of Iraq. If they're out of Iraq there you go Iraq congratulations your sovereignty is restored. *** Frank26 [ Iraq boots-on-the-ground TV report ] FIREFLY: The CBI is really talking a lot...on the news...talking about CBI is expanding inside of Iraq and into Saudi Arabia... FRANK: No. Into the whole world... FIREFLY: ...then this economic expert comes out and he says we got a fixed rate for the dinar but that's bad. FRANK: You see the program rate it's a fixed rate. FIREFLY: ...because it causes problems. And the answer is to float...says Iraq need to go and start by going to 1300... FRANK: This is an economic guy...the solution he's offering it's true but the rate that he's offering...1300...if you've got that time to waste knock yourself out Mr. Economist but Iraq doesn't. They've already run out of time.
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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... RON ** Sandy Ingram Article: "Iraqi president calls on elect lawmakers to convene on January 9 for first session" The results were finally ratified in the past week after a long delay. The parliament will begin the process to elect a new Prime Minister. Many are hoping for the current PM to remain in office...decisions made now could affect the future of our investment in Iraq. ** Frank26 [ Iraq boots-on-the-ground TV report ] FIREFLY: Kazemi is saying the CBI has gained 12 Billion dollars even though they have been through a pandemic...and they're saying it's all because of the white papers. Then the Finance Minister is saying Iraq needs a true reflection of their exchange rate and they keep saying to us that Iraq is losing billion daily by not having a true rate. FRANK: ...Kazemi is waiting for Mustafa to release the new exchange rate... remember they told you they would show you the new exchange rate at the early part of next year [2022] ...every day they drill into your education that you're about to receive a new exchange rate and a new currency... ** Walkingsick It's not like we're making a laundry list anymore...there's not much to list. We want them to give them the new small category notes and then float. The monetary reform is standing strong and is in motion in front of the whole world. Like King Kong pouring his chest and roaring.
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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... RON *** Breitling BTW the Iraqi dinar is tradable internationally already...people don't use it. It's because it's 'worthless'. It's not at an 'un-international' status. It is international, always has been. It's that you can't use it for anything. Well, they're going to change that and that will help the supply times velocity. *** Frank26 [ Iraq boots-on-the-ground TV Report ] FIREFLY: There has been a request by Kazimi to the United Nations to officially lift Iraq from Chapter 7...the United Nations security council has the meeting scheduled for February of 2022. Unless the U.N. moves this meeting to vote earlier then maybe we have to wait until February. FRANK:...I don't believe we have to wait for that meeting. Looks like that's it for 2021 ... Happy New Year - 2022 ... 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... RON *** Frank26 *** [ Iraq boots-on-the-ground TV Report ] FIREFLY: Kazemi talk on TV news...Iraq needed three major events to happen to ensure the success of the white papers and one of them was complete - The withdrawal of all American and all foreign troops from Iraqi soil. Second...having Iraq free officially from Chapter VII...Last, we have to sit our government and that is about to be done...all we need is the official release of chapter VII then the reforms will soar... FRANK: ...Your parliament is going to be seated along with the rest of the cabinet members sometime between the 9th and the 15th. It is at that time IMO that the government of Iraq will be presented the 2022 budget... with the white papers, with a rate of value. Sounds good Frank, so let's hope and pray that it works that way. There are too many unknowns & variables at play. - like the UN removing them from Article VII, among others.... Happy New Year..!! RON *** MilitiaMan *** ...I am not guessing, I am making studied observations, imo. I and others provide sound data that supports this study’s progression...Not one of us has a crystal ball and will not ever know the actual time or date...The timing of so many things having been done to date, is extremely bullish for this to be about over and a new exchange rate is issued by the CBI... Lets see what the year end & new year has in store for us...! *** Nader From The Mid East *** Remember what I said. Things have to be done - Chapter VII, governments have to be set up and the departure of the armies of United States and collisions. That's what's happening these days...things are going to be better this month coming up. Things gonna change. Rates is gonna go up. Money's gonna be coming in and out. We start building stuff over here...Dubai is going to be nothing next to Iraq in the next 10 years. New York is going to be nothing. Believe me. We worked hard. We Iraqis have suffered and now it's time to pay back...It doesn't matter if people make fun of us...we're gonna be 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... RON *** Frank26 [Iraq boots-on-the-ground report] FIREFLY: We are here at the bank with our friend. He says...the CBI this week had meeting all week with chartered banks [about what..?] the process of deleting the zeros and a rate change. He knows this for a fact but he's not sure when. Looks to be in early 2022. The CBI is working behind the scenes and getting things lined up for possible rate change. FRANK: Everything is happening in the early part of 2022... I'm hoping Frank & Firefly are right...I'm ready for this to be over..! 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... RON ** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: News saying today getting Iraq cleared of Chapter VII will enable Iraq to spend on the private sector and really have a positive impact on the economy and grow to a stable level never seen before. FRANK: That's tangible to the articles that we're reading...Remember what I told you, out of Chapter VII equals your currency to float internationally... ** Fleming ...The Iraqi Government is no longer meeting with the United States, nor the IMF, the World Bank, or the UN, etc. The US Military has completely departed from Iraq. The only remaining US presence of military guards the US Embassy in Bagdad. I believe the new IQD rate is in the budget which will be released to the world soon..!
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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... RON *** Frank26 Article: "Reducing The Price Of The Dollar Is A Necessity To Live" It's a great article...It is so delicious... Quote: "The Governor of the Central Bank of Iraq, Mustafa Mokhif said that 'the previous exchange rate of the Iraqi dinar is 'distorted' and does not bring about real development in the country, 'stressing that 'the decision to change the exchange rate was not taken hastily, but rather within a well-studied plan in full coordination with the Ministry of Finance and the International Monetary Fund." ...Great article. *** Walkingstick When they float it will be on par with the dollar and it will be 1 to 1 inside of Iraq and outside of Iraq...while it's floating they'll educate the people...a currency can't have two rates...they have a goal and that's to reach the REER...if you want a REER of $1.50 knock yourself out but we have the ability to take it up to [unsaid amount] so why don't you go ahead and float it up to that REER. They will because Iraq is going to become the central hub of the Middle East... *** Kaperoni Deleting the zeros...We don't want to see such an event as this is a LOP. We want to see them float the currency and have the dinar gradually appreciate over time. *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: A big thing on the television. All the combat forces, they're pulling out of Iraq...United States of America and other countries... many are now stationed in Kuwait so in reality they didn't go very far... FRANK: This is so powerful. It's important for the monetary reform, for the economic reform.
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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... RON *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: It turns out the Federal Courts have dismissed the appeal. FRANK: Good! What happened was the Iranian influence jerks said 'No, we'd like to protest the elections...' Federal courts what do you say about that? '...throw it out of court. It's a bunch of kaka.' FIREFLY: Says that the election was fair and it sets a date for the first meeting of the new Parliament...it should be from the 10th to the 15th of January. Hopefully they will agree to form the GOI, and they can get about doing the business of the Iraqi people, the UN will remove Iraq from Article VII and Iraq will move to Article VIII, then hopefully the CBI will implement the currency value change everyone is waiting for. 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... RON *** Frank26 Four weeks ago I expressed to you they just told the citizens they were no longer able to get three-zero notes from the ATM machines/banks. Remember that? They are in their meetings, the CBI & IMF and they are talking about the fact that the 5, 10 and 25 [Large notes] are gone and how they're going to replace them...this is not open to interpretation any longer. This is a fact of the CBI... *** Kaperoni There are no cash-in groups... *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Kazemi on news saying as the Iraq economy grows so will the rate of the dinar. FRANK26: He's talking about the dinar growing internationally...when you unpeg from the American dollar and go on par with the American dollar your currency will float internationally and the value will climb at that point internationally...to $3 maybe $4 rate...Iraq will stay 1 to 1 inside of Iraq for your purchasing power.
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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... RON *** Breitling Question: "You mentioned they need to sustain a 4% GDP to sustain their currency. They said the non-oil GDP was expected to have a 12% growth. Does that play into the 4% you're referring to?" Absolutely 100%...their internal GDP is up. International GDP, it's not down, it's Covid inflation...yeah their internal GDP helps that big time. *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Economist on TV saying once Iraq clears Chapter 7 from their next request when granted Iraq will have control of their own currency, oil and economy. Then said 82 billion in assets will be released back to Iraq from funds held while in Chapter 7 making Iraq's currency stronger and able to rise the exchange rate. FRANK: That's HCL. Wow.
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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... RON *** Pimpy Their economy is doing very good. Oil prices are still pretty high despite the drop. As long as they keep using the currency [dinar], the place stays stable, there's no civil unrest and we start developing the private sector, the fact that they're out of chapter 7 or getting there, all these will add to the strength in the dinar...they really should reinstate the dinar to the previous rate of 1190 dinar. That would make them [Iraqi citizens] feel a whole lot better that's for sure...I think it's worth it to gain confidence in the dinar... [Reference Pimpy post 12-23-2021] *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: Talking about how Iraq will rebound after being released from Chapter 7. Release being made by the end of the year is what they say. FRANK: That's what they say. What did I say? They are already released from Chapter 7...Once they announce it officially through Kuwait, look out.
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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... RON *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: They are now saying they want all the currency off the streets as much as possible. They started talking about exactly how much currency they have out. They mentioned the process now is to retrieve the currency in so the lower notes can exist in the marketplace. *** Boots on the Ground - Nader From The Mid East It's not going happen before Christmas. It's not gonna happen this weekend. Don't listen to all these people tell you yeah it's gonna happen this weekend...I have nothing against anybody...Hang in there. Be happy. Happy holidays. I hope today the council they come out and they go, 'Hey Iraq is good - completely out of any restrictions.' And that's it.
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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... RON *** Frank26 [Iraq boots-on-the-ground TV report] FIREFLY: The CBI governor is on television right now he just said that the reserves for the CBI are high enough now to produce stability in the exchange rate. FRANK26: BINGO! The program rate has nothing to do with stability...Stop and think about this...those reserves are not based on the program rate those reserves are based on the education they've been telling them - the new small category notes, the new denominations, the new exchange rate.
