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Community comment "Thought the EFSL was going to help...Iraq better get a move on, I don't see a new exchange rate in the near future based on Iraq's and the
IMO these guys are very busy right now. The thing that I love about this is like when you're in a marathon race...oh, boy. I'm not talking about the last
I think enormous things are happening...I am getting many rumors I have not been able to vet yet that Iraq did indeed pull the trigger this morning and
Lower Denoms placed in atm at ports and airports today. Told...that Dinar announcement is …(imminent).
I Think it will be more like 50-60% of the iQD…but I hope I am wrong and they are right.
The HCL was agreed upon a long time ago...indirectly Article 140 was agreed upon a long time ago. This is going to trigger the exchange rate in the budget
We have a bunch of news coming out of Iraq this weekend. They are showing the ISX is listed on Nasdaq but I don’t see any trading yet. But this is a huge
...today at 4:15 pm the Fed will have a meeting on “FOREIGN EXCHANGE RATES” This does not pop up on their calendar very often but today they are
Like I mentioned last night…I do have a bond contact that received 100% of their money. It means things are moving... They have to settle out historic
This may be why we are seeing so much disinformation and recycling of old news right now. Some articles are word for word older articles that thy put a new
...I was told that if they come out at a float the banks will be offering us multicurrency accounts for us to deposit in when we exchange. Then we wait…and
From what I just heard, if I understood correctly, all sales and use of the US dollar in Iraq end tomorrow. I doubt this stops all of the black market
“Clarification to the Iraqi central bank regarding the reasons for the decline in sales of the foreign currency selling window” We were always told the
From my contacts there they are hoping officially for a float by midweek this coming week… I am beginning to believe based on things coming out of DC that
HMMMMMMMMM SOME BANKS ARE CALLING THEIR STAFF MEMBERS...BANKS ARE RECEIVING (OR HAVE RECEIVED) SOME WRITTEN INSTRUCTIONS WITH MORE TO COME!
...I have not been this excited about the RV front in a long time. I am almost giddy with the movement I am seeing.
The Engine will start this Thursday. They have given the Green Light.
Thank you MarkZ for all your time, and encouragement daily….. PDK
We are hearing very positive things from Iraq... There is a lot of talk about Thursday from Redemption Center’s and groups…but it may be a bit
https://youtu.be/tFyefxGOF5Y
... Warren Buffet put millions into the Iraqi Dinar. Many of the greatest financial minds have invested in the Iraqi dinar. The revaluation is a “when” not
...If, indeed, their currency has depeged, we will have to see what the market thinks of their gold reserves, foreign currency and bond reserves, and GDP. It
in Iraq we are seeing exactly what we saw in Kuwait. Crazy information and articles being recycled from 2 years ago…we are being inundated with BS right
Very quiet on the RV front…it really is dead silent from top to bottom. I believe silence is golden…but I could be wrong. Contacts have given me their clear
From Iraq: “The democrat announces the formation of a committee titled (Article 40)” The Kurdistan democratic party announced today a committee to
One could almost say the news is once again just all about the currency. The pressure builds for the CBI to act now. Over 100 of the parliamentary members
Iraqi dinar
I hold out some hope that the CBI promised the IMF to RV by Nov 30. We will see us that holds up.
I spoke to a number of whales involved in tier 3 and 4a. Man, are they getting leaned on to stay quiet. But my contacts believe that within the next 7-10
I still believe the dong will come out at the $2 - $2.25 range. Contacts say it may be closer to $3.50 or so…but I still expect $2 - $2.25.
“USD/IQD rate stabilizes in Baghdad and drops in Erbil” It appears that we are at least moving to a float in the local market…I am still hearing though
The big news is from Kazemi. And his announcement that the new rate is coming. He assured the people they heard their voices and a new rate is coming.
...we are being told notifications are supposed to be out Monday with exchanging and redeeming for 12 days. The redemption centers are going to run 20 hours
…in the middle east...they are having the cross border payment transfers and the exchange rates pretty much around the globe now. It’s starting to
Question: Are they waiting on the election to release the RV? MarkZ: I was always told it was not election related…. Guess we will find out though.
https://youtu.be/O-FxiQbY5tg
MarkZ Thursday Update- Some highlights by PDK-Not verbatim
https://youtu.be/H2siibtPhnA
I think their banks and citizens are ready to go. Every time I hear about someone in Iraq, they have been told to expect an RV soon.
The only reason we hear so much about Iraq is they are the canary in the coal mine…. It’s the easiest one to track. But there is a lot of pressure for the
A number of groups reached out to their folks today and sent directions or email instructions for them to make certain they are prepared to go at any
RV Excerpts and Rumors from the Restored Republic via a GCR: Update as of Mon. 12 Dec. 2022
From what I have seen of the news, Iraq will continue to lie about the RV. But, I think it will happen sooner, rather than later. I believe the RV and the
I still don’t think it will float…I think the rate is going to be set…