God bless all. Nick Fleming RVGCR Intel Update January 7, 2023. The latest video will be shown earlier at the official website. Theusmilitarinus.com marks via PDK sudani exchange rate fluctuations and their impact made a stick to the inevitability of economic reform. They talk about needing to push forward quickly with the reforms and can no longer kick the can on this.
They will address it by stabilization rate and increasing nonstate related industries. They want to become a juggernaut through trade and not just oil. What we are hearing from the banking side of this I got one great message overnight that simply said this has started. I am hearing very positive things that the ball has started rolling last night, but I don’t know what that means for us timing wise yet I am getting positive feedback from meetings with no specifics. We didn’t get the smoking gun overnight we hoped for, but I am not worried as we are starting to see steady progress.
Many articles out showing Iraq is positioned to move into the world scene. Have you ever seen a country move onto the world scene as an economic powerhouse that has a currency worth nothing? Well, there isn’t one. We are hearing all kinds of stuff from banks all around the world. I cannot tell you how many folks today in our contacts received calls today saying hey, you can exchange dong. Video Hare
The Vietnamese dong just showed up on the exchange rate at then ten minutes later calls saying don’t go to the banks. There are reports from Colombia and Brazil, south and Central America that they have started the process or about to start the process. We are starting to see without a hold rates show up on screens. The problem is sitting right in front of them at the moment the rate shows up. They are popping in and popping out.
It is frustrating today for many on the banking side. I believe they are doing a final test of the system to make sure they have everything working properly. The rate we saw pop up most commonly for the Vietnamese dung was $1.39. This doesn’t mean this is what the final rate will be. There is an interesting ping pong going on with foreign currency rates right now.
We are getting a lot of fantastic chatter right now, especially from international paymasters, south and Central America specifically. It’s exciting to see movement, but I don’t know how close we are. I know the group leaders are still in meetings on logistics or final logistics, just not a firm handle on when. Nader from the mideast. What Iraq is going through is not easy.
You have to go there and see it for yourself. Don’t be scared. Walk to the mosque, find an Iraq guy or lady. Ask them yourself. Say, hey, what do you think about Iraq?
They’re going to tell you it’s getting worse and worse by the day. It’s not getting better. Even with the sales of oil and private sector getting better. But the people has no money. Don’t believe people when they say they have stack of money in their homes.
No, we don’t have them. My opinion the country can be fixed. Yes. The dinner can goes up, yes. But people all over the world are holding 70 trillion donors in their hands.
Cash. Some of you own 1 million, 10 million, 50 million. Emo as long as we have too much cash, the dinar is not going to gain values. Yada Dnt I wish I could find evidence that the dinar is no longer pegged to the US dollar, but I can’t. Can anyone help?
The evidence is in front of you. The fluctuation of the Denarian dollar the past 15 days was it. It had never moved this much prior to this because it wasn’t it was moving up and down and going forward. The float in itself is proof. pimpy there are some games being played with the Iraqi dinar and it looks like all Sudani is looking for ways to put a stop to this.
I really think it’s a cat and mouse game between America and China and Iraq’s right in the middle of it. Is it going to be possible that the HCL issue is going to be signed in 2023? I think you’re going to have it done within the first two months. That is a major, major obstacle in our way with the change in the exchange rate. Frank 26 ktfa Iraq boots on the ground report.
Firefly banks have been open the last two days to sell dollars to citizens. This looks good because they are collecting 30 notes. Firefly they are talking on TV about what is a currency float and what are the advantages to us Iraqi citizens. Why even tell us that if you’re going to stay at a program rate of 1450? Frank I love it when a plan comes together.
Everything is on course. It may look like you’re going to stay at 1460, but none of that is true. It is time to tell you about the float because that is inches away. Claire Ktfa article in numbers. The central bank reserves increased by 46% of the foreign currency.
Quote the central bank’s reserves amounted to $96 billion, an annual increase of 46%. And the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%. Canc Ktfa article what is meant by currency float? What are its advantages and disadvantages? Very interesting to see an article such as this.
Why would you ever talk about a float? To educate the Iraqi citizens, maybe? Maybe you have just told on yourself on what you are doing. Militia Man Ktfa article International Standards and Banking with the CBI quote facilitate the movement of banking transactions and trade exchange in accordance with international standards. What is not to like about this?
Not only is the USA involved, China is too. Don’t forget that China has been added to the Imfsdr basket first to be added in 50 years. So it is not surprising that China would be involved in some shape of form with Iraq.
