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India Rupee Strengthens-May Be Next SDR.


Luigi1
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Here's some articles of Dinarian interests...

Have your purchased any India Rupee & why you should.

India Rupee shines.  May be in the next SDR.

NOTE: Don't confuse India Rupee with Indonesian Rupia

Iraq banking system declared rock solid by IMF.

Iraq imports tariffs at border go digital.

Treat as rumors.  Not verified.  Your opine.

 

 

 

 

Goldilocks:                       "India’s forex reserves experienced a notable increase, rising by $2.975 billion to reach $619.072 billion for the week ending February 23, as reported by the Reserve Bank of India (RBI). This surge follows a previous week where reserves had slightly decreased by $1.132 billion. 

 

Major Components:
1. Foreign Currency Assets:   Increased by $2.405 billion to $548.188 billion.
Foreign currency assets encompass various currencies such as the euro, pound, and yen, reflecting their valuation against the USD.

2. Gold Reserves:   Rose by $472 million to $47.848 billion during the week
3. Special Drawing Rights (SDRs):  Witnessed an uptick of $89 million to $18.197 billion.
4. Reserve Position with the IMF:  Expanded by $9 million to $4.839 billion."

There would be absolutely no reason for India to be increasing their revenue like this unless it had something to do with the UPI or Unified Payments Interface.

The UPI powers several bank accounts in one application. This can happen with any bank globally that wants to participate in their payment transaction system through trade and more.

It is an instant payment service that operates 24/7 and 365 days a year. Their foreign currency, special drawing rights & gold reserves continue to grow.

This enables them to service the needs of foreign currency exchanges in trade from around the world near & far.  They can even enable people to do these transactions over a mobile phone application.

It's been a while back, but Iraq was one of the countries along with Vietnam and Indonesia that piloted this new International Payment System.

 

 

 

 

Goldilocks:                      The IMF Is Recognizing Iraq To Be A Financially Inclusive Banking System.  This Means They Have Become An Open Banking System Allowing Free Trade Agreements To Be Made With Them Near & Far.
ARTICLE:  The CBI article that goes with this writing indicates that the IMF has recognized Iraq to be a compliant, safe & trustworthy institution for trade. It is well & it's way to digitizing products for trade beyond the oil sector & on the local level.

These new monetary mechanisms will shield them from money laundering that has plagued them for so many years & it will enable them to move forward with the full confidence of a Global Economy.

 

 

 

Goldilocks:                 Iraqi Customs Launches Automation System At Umm Qasr Port.

ARTICLE:  "An ACH transfer is completed through a clearing house — a network of financial institutions — and is used most often for processing direct deposits or payments.   A wire transfer is typically used for high-value transactions and is completed through a bank, which makes it faster, but it does have a fee."

We are currently transitioning from Clearing House Transactions to Wire Transfer Services that can be done through a bank.  Wire transfer services will make this new digital payment system much faster.  In fact, the transfer of payments will be done in seconds.

As Protocol 20 expands and integrates Quantum Technologies from around the world, this shift into digital processing of money transfers will significantly increase the demand for the new digital economy.  These new demands will bring in new values across the board and from country to country.

Money velocity will enhance faster trades that will allow the movement of products around the world to operate seamlessly & efficiently.  Faster movement of products will create more profits & increase more opportunities for companies producing their items for sale across many sectors of the market & on an even playing field no matter their size.  

 

 

 

 

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Here's another article related to the above...Iraqi business can pay in multiple international currencies...

 

 

Militia Man:                 Buying & Selling In Foreign Currencies Has Been Approved.

ARTICLE:  Merchants will now be able to use the Dinar to pay for foreign currency to buy international products...I would imagine there will be changes to Iraq's currency that will be reflective of the real value of the IQD...

 

They haven't been using Iraq dinar at 1310 to purchase other foreign currencies.  They've never done that before at 1310.  Now they're saying they can do that...1310 exchange rate has never been an international exchange rate...That's coming from the CBI so obviously something is happening because they've never done it before.  I think it's really good.

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Here's another article related to the above...The value is already in the Dinar...

 

 

Mnt Goat:      The Value Is Already In The Dinar.   Remember...The Difference Between RATE & VALUE...the value is in the Dinar already but not reflected yet in the rate.

ARTICLE:  There is no need to increase the value if the TRUE value is being suppressed by the 3 zero rate...Economic expert,

 

Durgham Muhammad, said to the citizens and I quote – “that deleting the currency’s zeros does not conflict with its value”...Okay, so...we all know the rate is being artificially suppressed ...Once the 3 zeros are dropped, (not lopped) the only thing that will change by the Project to Delete the Zeros, is the realization of the TRUE value through its currency. 

 

 

Luigi asks....

I don't know Goat...How can the value not reflect the rate?

The value & rate are the same.  Either it RVed or it didn't RV.

They can't reveal the rate to some of the people & not all.

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Here's another article related to the above...Something is happening...

 

 

 

Militia Man:           Something Is Happening.

ARTICLE:   The CBI just told Iraq that you guys can use Dinar to buy multi-currencies.  To do what?  Clearing & settlement in the system with accurate & facial data.  Those two things right here are solidifying that there's something happening.

 

 

 

 

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On 3/5/2024 at 1:46 AM, Luigi1 said:

In fact, the transfer of payments will be done in seconds.

This is NOT CBDC’s….remember Texas has or is intruding bill to ban them…which means gold and asset backed…remember in the constitution as stated by trump on truth social gold and silver are only legal tender…

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1 minute ago, screwball said:

This is NOT CBDC’s….remember Texas has or is intruding bill to ban them…which means gold and asset backed…remember in the constitution as stated by trump on truth social gold and silver are only legal tender…

Many states have banned cbdc including Florida 👍

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On 3/4/2024 at 1:26 PM, Luigi1 said:

Here's another article related to the above...The value is already in the Dinar...

 

 

Mnt Goat:      The Value Is Already In The Dinar.   Remember...The Difference Between RATE & VALUE...the value is in the Dinar already but not reflected yet in the rate.

ARTICLE:  There is no need to increase the value if the TRUE value is being suppressed by the 3 zero rate...Economic expert,

 

Durgham Muhammad, said to the citizens and I quote – “that deleting the currency’s zeros does not conflict with its value”...Okay, so...we all know the rate is being artificially suppressed ...Once the 3 zeros are dropped, (not lopped) the only thing that will change by the Project to Delete the Zeros, is the realization of the TRUE value through its currency. 

 

 

Luigi asks....

I don't know Goat...How can the value not reflect the rate?

The value & rate are the same.  Either it RVed or it didn't RV.

They can't reveal the rate to some of the people & not all.

I don't agree Luigi......the MOP and MOF stated in their plan that the IQD rate should be brought to 1.14-1.17, held their for up to 3 years and then brought to it's "True Rate" of 3.208.  This was back in 2009.  They clearly noted a difference between an imposed artificial rate and the True Rate

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1 hour ago, Society said:

I don't agree Luigi......the MOP and MOF stated in their plan that the IQD rate should be brought to 1.14-1.17, held their for up to 3 years and then brought to it's "True Rate" of 3.208.  This was back in 2009.  They clearly noted a difference between an imposed artificial rate and the True Rate

 

So why aren't we cashing in?

Inquiring minds want to know.

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15 hours ago, Society said:

I don't agree Luigi......the MOP and MOF stated in their plan that the IQD rate should be brought to 1.14-1.17, held their for up to 3 years and then brought to it's "True Rate" of 3.208.  This was back in 2009.  They clearly noted a difference between an imposed artificial rate and the True Rate

Shabibi was still alive back in 2009, wasn't he. But, since Shabibi already went to a better place peacefully, so MOP and MOF have never brought this rate 1.14-1.17 up again for the second time lately.:confused2:

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14 hours ago, Luigi1 said:

 

So why aren't we cashing in?

Inquiring minds want to know.

Because Iraq is still under US receivership, the "Biden Regime" needs to use Iraq for money laundering especially since Putin crushed their operation in the Ukraine, Iraq is not Article 8 Compliant and the "Biden Regime" is making sure they stay that way by causing an artificially inflated parallel market.  This is a MCP by definition.  Many articles since last July clearly point to the US as the hold up.

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9 minutes ago, rvmydinar said:

Shabibi was still alive back in 2009, wasn't he. But, since Shabibi already went to a better place peacefully, so MOP and MOF have never brought this rate 1.14-1.17 up again for the second time lately.:confused2:

Yes.....Shabibi actually enacted the RD/RV/RI.  It was stopped and an arrest warrant for Dr S was issued.  The "Obama Regime" did not want the RD/RV/RI to happen.  Instead, they created ISIS and attempted to annihilate the country.  Trump ended that plan.

 

I believe they are now once again following the plan of Dr S and expect the RD/RV to happen as soon as the Biden actor Resident is unmasked.  No matter how ALL occurs, Trump will certainly be back by January next year.  I don't think we will have wait that long but we may

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