Nick Fleming RVGCR Intel Update April 2, 2025

Mountain Goat

‘AL-SUDANI: IRAQ IS WITNESSING A STATE OF RECOVERY, GROWTH, PROGRESS, AND PROSPERITY.’

Quote:
‘…Iraq is witnessing a clear state of recovery, growth, progress, and prosperity, and that we are working to advance this process’

MarkZ

[via PDK]

Question: Hearing that Sudani will release the financial reform immediately after Eid. Eid al Fitr will be ending on Liberation Day. Is it possible we see the finish line late on the 2nd.

MarkZ: It is very possible we see it then. There was a lot of expectation for the weekend. It could be the second but no one knows the timing…

Question: What is the difference between a redenomination and a revaluation.

With a redenomination they do not change the value…just print higher bills because they have lost so much purchasing power. The white papers have been very clear that they want to lift the purchasing power and the exchange rate…so a revaluation. They have been very clear they are not redenominating.

Frank26 (KTFA)

The monetary reform education to the Iraqi citizens, that’s what’s going on right now…They are about to show you [Iraqi citizens] your lower notes IMO.  They are about to explain the new exchange rate.  They are to define the ATMs. I believe this monetary reform education will bring forth the literacy of your new exchange rate and purchasing power…These are the final moment of a long period of time for you Iraq and me.

It looks like we’re down to the finish line, down to the last few moments of this historical monetary reform. It’s been an amazing ride. It’s been epic. It’s definitely been historical…Once the COM receives the budget financial tables their eyes will witness the new exchange rate.  I pray this is the case because if they come out at 1310 then that budget is an impossibility and everything else Sudani has for the future of Iraq is impossible.

Clare (KTFA)

Article:
‘Budget tables: approximately 200 trillion dinars, with a deficit exceeding 64 trillion dinars.’

Quote:
‘Iraq’s 2025 budget tables have been sent to the Council of Ministers, with estimates indicating that the budget will range between 180 and 200 trillion dinars, while the deficit could exceed 64 trillion dinars, according to members of the Iraqi parliament’s Finance Committee.’

Article:
‘US to Open Largest Consulate in Erbil, Strengthening Diplomatic Ties’

Quote:
‘In a significant development, Tammy Bruce, the spokesperson for the United States Department of State, announced…on Monday that the US will soon open its largest consulate in the Kurdistan Region. Set to open next month in Erbil, this new consulate underscores America’s unwavering commitment to its partnership with the Kurdistan Regional Government (KRG).’

MilitiaMan

Times to me are surely looking really good for an exchange rate change that is expected at this time…because that’s the project they talked about – the digital dinar. Did they not. Didn’t Alaq talk to you about, ‘We’re gearing to launch the digital dinar.’…[This is] potentially close to getting an announcement from Al-Sudani.  Now we wait for Alaq to have a conversation with us.  I would assume within the next few days if they’re talking about this reform to be stared after EID. That’s not very long from now. We’re going to have to wait to see what they do.

People around the world should understand Iraq is showing their true colors. They are going International. They’re going to a digital environment and they’re doing it right before our eyes.

Fnu Lnu

We may be in for more of a wait than people think. Once the training and installation of the digital system is compete, there will be testing. It could be months before an RV is feasible.

Walkingstick (KTFA)

[Lower denomination] Descriptions, the media, billboards, bulletin boards in the CBI banks, ATMs with new software system all of this is going to be brought out within the next two months in this ‘Asraflak’ software system that will be done…

Pimpy

Iraq has taken all the steps necessary to strengthen their economy as well as the Iraqi dinar.  Like I said before, the thing we need to watch out for is if they’re going to go ahead and move forward with the deletion of the zeros.  Because if they do that, what you thought you were going to get, you’re not.  Let’s make ourselves clear about this.  The goal is to have them revalue the currency while leaving the zeros on the currency.  I don’t think that’s realistic but that is our goal.

RayRen98 (TNT)

[via Twitter/X]

The RV was completed Friday. The lower denoms are out. They are celebrating…We’re waiting for the international release.

Source : dinarchronicles

Thank you for donating to our website. 

Here are the best selling products on Dinarreport.com

Disclaimer