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A RI Not A Float.


Luigi1
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Here's an article of Dinarian interests...

Direct from the throat of the Goat.

A RI not a float.

Treat as a rumor.  Not verified.  Your opine.

 

MntGoat:        A RI Not A Float.

ARTICLE:  The rate is NOT going to start at 1/6 of a penny & climb from there when it does get reinstated.  The rate has to reflect the TRUE rate of the value of the assets Iraq now holds.  Not the value of an intentional, sanctioned, suppressed currency.  Why would they even bother to do all this work for the banking, financial & currency reforms if they were just going to leave the rate at 1/6 of a penny?

 

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Here's an article related to the above...free of money laundering & terrorism...article suggests IQD is international...

 

 

Goldilocks:   Free Of Money Laundering & Terrorism.

ARTICLE:  Iraq Recently Published New Final Guidelines Stating Their Intent To Be Free From Money Laundering & terrorist interaction.

Iraq is making their final arrangements to work with Turkey through a signed agreement utilizing the EURO & Turkish Lira & the Iraqi Dinar only in their trade exchanges with one another.

 

“This also comes in the context of regulating trade and external transfer in accordance with sound practices & standards and within the framework of the comprehensive plan pursued by the CBI to open multiple channels, outlets & currencies with the aim of maintaining the stability of the financial system and protecting it from risks.”

 

These statements refer to opening up channels of foreign exchange with each other.  It is a declaration of intent to work with multiple channels of foreign exchange among countries.  We already know they have signed a comprehensive agreement with India to work with the UPI system that will incorporate a group of other countries in trading in the Dinar only beginning early January. 

 

In the middle of this month, we are expecting the banking managers of Iraq to complete their banking reforms.  This will give them just enough time to work with their employees on logistics training in exchanging the Iraqi Dinar only internationally for two weeks.   

© Goldilocks


 

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Here's another article related to the above...this is a F26 rumor...proceed with caution....

 

 

Frank26:      UST Has Billions Of IQD.

ARTICLE:  The CBI wants more Dollars?   No, they want less Dollars.   What does the UST want?   More Dollars in Iraq?   No, they want the CBI to introduce the new currency with the new ER.   That will benefit the US because the US & the Federal Reserve have billions & billions of Dinars stacked up just like they did the last time they did this…with Kuwait from 1990 to 1999.   The only problem this time is they took twice the time.
 

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Here's another article related to the above...Iraq is footdragging when it comes to spending the 2023 Budget...only half of the 2023 Budget expected to be spent down...

 

 

 

TNT  via  Tishwash:      Footdragging On Spending.

ARTICLE:  The 2023 budget loses its “explosive” character: the year will end with only 58% of it being spent   The 2023 Budget approved by the Iraqi parliament last June was described as an “explosive budget” & the highest in the history of Iraq’s Budgets, as it amounted to 199 trillion Iraqi Dinars, but as the end of the current year approaches, it is expected that only 58% of the Budget will be spent.  

 

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