Nick Fleming RVGCR Intel Update March 10, 2025
By admin Nick Fleming RVGCR Intel Update March 10, 2025
MarkZ
[via PDK]
Question: Will Iraq have an RV or an RI . (Revalue or reinstatement)
MarkZ: I think it will be an RI. Around $3.23 or so at the bare minimum…. More if they take into account-inflation.
Question: how long will it take after the bond holders get paid for us tier 4a/b to go.
MarkZ: I think we may be going at almost the same time. I think they are holding them until they are ready for us.
Mountain Goat
Article:
‘INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR’
Yes, only 2.8% and this is fantastic and amazing news since this is way in line with acceptable inflation rates for country, according to the IMF...
Frank26 (KTFA)
Article:
‘Evaluation of the Central Bank’s journey in 22 years’
This article…is very tedious...It is a climax…summary…of what the monetary reform has done for the banking system…purchasing value… currency itself…exchange rate…all of this. The whole monetary reform education that has been presented up to this date…behold. Who is this coming from. The CBI. To who. The citizens of Iraq. For what reason. Because they’ve been educated on what they’re about to receive and do. This is a wonderful summary…
We wait patiently in line with everybody and everything else. We all patiently wait for the new effective exchange rate. That’s called the REER. In reality we won’t see that for quite a while. It’ll come through the float. What I care to see right now is at least 1 to 1 or maybe go back to the ‘glory days’ with an RI of $3.22. We all wait for the new rate to come out…
Question:
‘Do you think Trump will go to Iraq on Saudi trip.’
No I don’t believe he’s gonna come. The only way is if Sudani pulls the trigger [on the exchange rate].
Samson (KTFA)
Article:
‘Governor of the Central Bank: We will witness a comprehensive digital transformation in the financial sector’
Sandy Ingram
This report is concerning for IQD investors holding IQD banknotes. We have no reason to believe our bank notes are in trouble…It appears many Iraqi people are holding on to their IQDs. However speaking at a conference in Baghdad Ali Mosen Alaq, governor of the Central Bank of Iraq highlighted significant advancements in digital payments. He pointed to a sharp rise in ATMs and e-wallet usage which…have propelled financial inclusion from 20% to 40% within just two years...He… predicted a gradual decline in cash transactions as central banks move toward digital payment solutions. In line with global trends, the CBI intends to develop its own digital currency.
Clare (KTFA)
Article:
‘Iraqi government: We have not been officially informed of Trump’s decision and are prepared for the worst scenarios’
Quote:
‘The Iraqi government revealed, on Saturday, that it had not received any official notification of the decision to cancel Baghdad’s exemption from purchasing Iranian gas by US President Donald Trump, indicating its readiness for what it described as ‘the worst scenario’ next summer’.
Henig (KTFA)
Article:
‘Communication ‘cut off’ between Al-Sudani and Al-Maliki, and Trump will not bring down Baghdad. Saudi report – Urgent’
Quote:
‘American diplomats who had just returned from Baghdad, stating that the Donald T******************n is reviewing the situation and may issue ‘unusual’ sanctions on Iraq, but in ‘doses similar to chemotherapy.‘ It also quoted political sources in the Coordination Framework, saying that discussions and disagreements have reached the point of ‘cutting off communication’ in recent days between Prime Minister Mohammed al-Sudani, the leader of the State of Law Coalition, Nouri al-Maliki, and others from the Shiite alliance, reflecting a difference in opinion on how to deal with ‘maximum’ American pressure and the almost unstoppable transformations across the region.’
Walkingstick (KTFA)
[Iraqi Bank friends Aki and East updates]
This report is from a culmination of many meetings [they were] having with every department that you can think of but mainly the IMF, US Treasury and The World Bank were spearheading this. We had everybody at these meetings, not just countries…we had a lot of different companies that came in…Our dear friend that we call East was also involved in these meetings…These meetings have concluded and there is a date. There is a rate of when they want to bring out these budget tables. Aki’s boss is the one we want to thank because he…got the information. He got a rumor that there’s a rate and a date. You know…IMO it’s real. You see, Aki’s boss is a person in ‘the need to know’ about the monetary reform of the Iraqi dinar.
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