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Frank - They Talked About Their EXCHANGE RATE...The EXCHANGE RATE POLICY! Now They Are Talking Like $1.20 !


DinarThug
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CNN. Broadcasting While Frankie And Delta Break Out Their Matching Men's One Piece Romper Onesies Outfits To Start Jumping Up And Down On The Blue Couch In Celebration !

 

 

 

6-7-2017   Intel Gurus Frank26 & Delta   All of the sudden they started doing 2 auctions on the same day – accumulating 1, 2 and sometimes 3 within a week.

Piggybacking these auctions was unusual. Why the urgency with the auctions? 

They cannot change the rate in the middle of a business day.

So if you take a look at the auction they did on Monday (that means they have nothing to do on Tuesday).

Tuesday, they have no auction. Interesting...that means they could pull the trigger on a Tuesday. 

This is really significant to us – something is going on...and there is a reason why they are doing it. 

Based on the demands of the World Bank, the comments from the economists to ACTIVATE – it doesn’t become any more clear than that.

 

 

6-8-2017   Intel Guru Frank26   They finally said something about the IMF meeting.  ...the IMF and the CBI once agreed upon something. A 2nd review of the SBA in August...   

This meeting was ...IMO...not about the rate of the IQD. It was a report of the monetary reform to the IMF.  

The IMF is very proud of what Iraq has accomplished.  The IMF tells every country what to do with their currency.  

They’ve now reached an agreement -- MOU (Memorandum of Understanding).  

The IMF appears to be happy...because this memorandum that was signed...the IMF no longer needs to tell Iraq what to do.  

Two of the three agreed to items were taken care of in December of last year. 

These 3 levels...Economic Reforms... Financial Reforms...Multi-Currency Policy.  

 The last item (#3) was the POLICY of currency (international level).   ...things are done for the economic and financial reforms.  Iraq is ready to join the INTERNATIONAL theatre. 

 

 

6-8-2017   Intel Guru Frank26    I told you...once you have Mosul...(we’ve already got Mosul)...you would start to see things happen at the speed of light...and now you are!  From the 2nd to the 9th – we said that some BIG information would be coming out.  THIS IS IT...and it’s only the 7th! 

Yes! They are talking about their EXCHANGE RATE! 

On Wednesday...they didn’t talk about their RATE...they talked about their EXCHANGE RATE...the EXCHANGE RATE POLICY!  

There is quite a difference. 

Free float?  No they are not! 

They will have a Managed Float.  

High rate? No they are not! This was the talk of the town last year. 

Now they are talking like $1.20.  

The IMF is telling the world...once the reforms are implemented...they have some money (prior to the agreement)...that Iraq will get...

WHEN they raise the value of their currency.  That will trigger everything.

 

 

 

6-8-2017   Intel Guru Frank26   IOO – what we are seeing with the auctions is impressive with the IMF because it was agreed upon. 

The CBI...IOO...  is trying to get all of the auctions in by June 30th to END ALL AUCTIONS!  

The one thing we are waiting for is for them to LIFT the 3 ZEROS – which lifts the exchange rate qualifications (Chapter 8). 

The agreement, phase, step...has been done. [Guru] Delta says that on Iraqi TV…it’s all over the screen…the CBI and IMF meeting and what’s in it for the citizens.

The meeting also said that the RESERVES were much higher than the IMF predicted. 

I’ll admit the monetary reform is taking a long-time, but it is coming! 

The IMF doesn’t want Iraq to make any mistakes BEFORE or AFTER. 

THIS COULD HAPPEN AT ANY MOMENT!  

Don’t see any more talk of postponement...do you? 

 

 

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6-9-2017   Intel Guru Frank26   The FOREIGN EXCHANGE … do you know what that is? 

It’s the IQD exchange rate vs. the foreign exchange policy.

They can’t say RV … they must use other words …

 

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9 hours ago, King Bean said:

 

                                Rrrrrraaawwwrrrrrrrr !  :o

a7ab0fe98c4fbe75d5e552371b770a34.jpg

 

19 minutes ago, SnowGlobe7 said:

ughhhh yes poor kitty...someone rescue him/her!!!!!!

 

The Cat's Just Trying To Figure Out How To Go For The Jugular With That Stupid Turtleneck In The Way ! :o 

 

:D  :D  :D 

 

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On 6/9/2017 at 11:02 AM, DinarThug said:

6-9-2017   Intel Guru Frank26   The FOREIGN EXCHANGE … do you know what that is? 

It’s the IQD exchange rate vs. the foreign exchange policy.

They can’t say RV … they must use other words …

 

 

Like what ? We have to call it " a matter " now? That may work. Something like asking " When is this darn IQD gonna " matter ?" Thank you Loretta Lynch for forcing that term on Comey and us.

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