Nick Fleming RVGCR Intel Update April 24, 2025
By admin Nick Fleming RVGCR Intel Update April 24, 2025
MarkZ
[via PDK]
Comment: …the HSBC had VND on their screens yesterday morning.
MarkZ: That would fit what my contacts are seeing. One of those is a HSBC.
Question: How much did it say the VND was worth. VND .49 or 2.50.
MarkZ: That is not nearly the rates my contacts have seen…There are a good chance that all rates being seen are testing rates…may or may not be the rates we will get.
Question: do have a guess on the IQD rate.
MarkZ: Logically – what makes the most sense is $4 – $6 bucks. IMO…
On the bond side I know some folks with big meetings today. We will see if they do indeed get their funding. We are seeing great movement and daily updates of great progress this week and last.
The question is: When do we reach the crucial mark before they release the currencies.
Question: Mark, How much of the bonds need to be processed before we go for 4B appointments.
MarkZ: I was always told somewhere between 30%- 40% would need to be processed before they pull that trigger…I was always told we would get our announcements within a few days of hitting the 30-40%. I think we are approaching that threshold now.
Comment: [Guru] Frank26’s bank contact, Aki, told WalkingStick yesterday that the lower notes are in the CBI.
MarkZ: I am hearing those stories too…including cut sheets. But I have not seen any in circulation yet. But I believe they are printed and ready.
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Mountain Goat
Article:
‘AL-NUSAIRI CONFIRMS THAT THE CENTRAL BANK’S APPROACH TO BANKING REFORM AND DEVELOPMENT CONTRIBUTES TO ACCELERATING IRAQ’S ACCESSION TO THE WORLD TRADE ORGANIZATION.’
what is holding it up. Remember the WTO did already tell us Iraq has met all the requirements. They told us this over a year ago. Does Iraq need a globally traded currency for ‘full accession’.
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Frank26 (KTFA)
President Trump TruthSocial Post: ‘Since our announcement of LIBERATION DAY, many World Leaders and Business Executives have come to me asking for relief from Tariffs…They must right the wrongs of decades of a***e’
…What Trump has done in just a few weeks is affecting so many currencies that it’s catching me and my teams off guard. We didn’t expect this kind of reaction. We thought they were going to tell Trump ‘Forget you!’ But everybody wants to make a deal…except for the 5 c*******t countries…What are those things Trump is telling these countries.
President Trump TruthSocial Post ‘NON-TARIFF CHEATING:
1. Currency M**********n
2. VATs which act as tariffs and export subsidies
3. Dumping Below Cost
4. Export Subsidies and Other Govt. Subsidies
5. Protective Agricultural Standards (e.g., no genetically engineered corn in EU)
6. Protective Technical Standards (Japan’s bowling ball test)
7. Counterfeiting, Piracy, and IP Theft (Over $1 trillion a year)
8. Transshipping to EVADE Tariffs’ #1 currency m**********n. President Trump how do you feel about the currency m**********n of the Iraqi dinar.
[Iraq boots-on-the-ground report]
FIREFLY: Commercials are showing the locations of the new ATMs. They are telling us to go and deposit our 3 zero notes at these ATM machines and at the bank. They’re taking the 10k, 25k and 50k notes, free deposits, for us to keep our receipts.
FRANK: This is what they have to do, collect as many three zeros as possible before they give them the new lower notes…This is all wonderful news.
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Fnu Lnu
[Response to Guru Frank 4-22-2025 Standstill post below]
Things are most certainly not frozen and Iraq is definitely not at a standstill. I can list a minimum of a dozen new projects each week…The RV/RI is not happening because there is no immediate need…
1300 as a REER is a fact. It is being used daily at that rate.
Wolverine
Everything is ready to go, just waiting for the Green Light…Not long to go guys…
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Clare (KTFA)
Article:
‘The dollar continues to decline against the dinar in Baghdad’
Quote:
‘The exchange rate of the US dollar against the Iraqi dinar continued to decline on Tuesday morning in Baghdad markets.’
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MilitiaMan
It almost looks like they’re having some sort of synchronicity because they have this meeting with a neighboring trading partner, we have trading that’s going to be done in a digital environment and it’s going to have efficiency and transparency and we’re talking about digital payments across the region and across borders. That’s going to take new technology and it’s going to take what the Central Bank of Iraq has done for the last 10 years…This process isn’t just something that got started two days ago or a week ago…Iraq’s doing this…It’s a global thing. The impact that Iraq is going to have and other currencies in the world when they all adjust, as [Guru] Petra says, all boats rise with the tide. A lot of boats are going to start rising. All this stuff is being synchronized.
Walkingstick (KTFA)
[Iraqi bank friend Aki report]
WALKINGSTICK: Where are the new lower notes. Where’s the new currency.
AKI: The new currency at the CBI bank right now.
WALKINGSTICK: Okay! – Walkingstick commentary: Aki was very adamant about the lower denominations being at the CBI right now. The look on his face told me this is no B.S. When Aki says something it’s not an opinion or a question, it’s a statement…Aki would not spilled it out that way if they were not real…Aki doesn’t care about the exchange rate like you and I do…He’s running the bank for his boss. Aki will make no money, his boss will make no money off the new exchange rate. You will. But Aki will profit via people coming into his bank to exchange the three zero notes for the American dollars and they will come in for their investment in Iraq. Aki could care less about the new lower notes.
Samson (KTFA)
Article:
‘Iraq is the second most developed country in the world for oil pipelines.’
Quote:
‘Iraq ranked second globally in oil pipeline development, after China…’
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