Preparing To Float.

[Luigi1]

here's some articles from Dinarland...

This is F26 so take it with a grain of salt.

Treat as a rumor.  Not verified.  Your opine.

 

 

FRANK26:

ARTICLRE:  This Is Very Important. 

The CBI said on Monday, ‘We have started the process of lowing gradually the exchange rate of the Iraqi dinar against the American dollar.’  You know what that is?  Preparing to float.  You know what that is also?  …it’s a reinstatement process that allows them to reinstate their currency.

 

Walkingstick  via  Frank26: 

ARTICLE:  The CBI is having hot meetings with everyone, every three-letter agency  you can think of along with every country.  I have never seen meetings like these before.  They’re extremely hot.  Extremely volatile.  Normally these meeting just go on to the next, to the next, to the next but every meeting is accomplishing something.

 

[Luigi1]

here's another article related to the above...another banner month for the CBI...what must the CBI do next???

 

 

TNT  via  Tishwash: 

ARTICLE:  International Monetary expects the Central Bank of Iraq reserves to rise to 100 billion dollars.   The International Monetary Fund expected the Central Bank of Iraq’s foreign exchange reserves to rise to 100 billion US dollars in 2024.

 

[Luigi1]

here's another article related to the above...Kurdistan to increase economic cooperation with US...

 

 

Tishwash: 

ARTICLE:   A New Study To Help Strengthen The Private Sector In Iraq.   

The Ministry of Planning in the Kurdistan Regional Government of Iraq, in partnership with the United Nations Development Program & funded by the United States Agency for International Development (USAID), today launched a study on micro, small & medium enterprises in Iraq.  

 

The study provides an evidence base to guide policies & strategies aimed at creating sustainable livelihoods, including through MSME development.  

 

Funded by the United States Agency for International Development, the mixed survey covered formal & informal micro, small & medium enterprises in the governorates of the Kurdistan Region.  The survey was initially conducted in Baghdad, Basra & Nineveh governorates.  It has been designed to build a comprehensive analysis on MSME structures, trends, business dynamics, challenges & opportunities through up-to-date, reliable & relevant market information & analysis.

 

[Luigi1]

here's another article related to the above...Parliament justifies excuses to delays in 2023 Budget until after a 30 day recess...

 

 

MarkZ  via  PDK: 

ATRICLE:  Articles in Iraq out today & excuses as to why they don’t have the 2023 budget done.  But that they will tackle it the moment Parliament gets back from recess.   A tidbit from an article is they are no longer in bankruptcy so they can absolutely RV now.  Once again though the CBI does not need the budget in order to change the value.

 

[Luigi1]

here's another hot one from F26...

 

ARTICLE:  “The Governor of the CBI receives the mission of the International Monetary Fund” 

THE CBI IS HAVING HOT MEETINGS RIGHT NOW WITH… EVERYONE!  AND THESE MEETINGS WILL SOON EXPLODE WITH MORE INFORMATION TO THE CITIZENS ON THE MONETARY REFORM.

 

[screwball]

Managed float possible