Mountain Goat
Article:
‘THE CENTRAL BANK SETTLES THE DEBATE: THERE IS NO INTENTION TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR’
This means no intention to devalue the dinar, get it.
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MarkZ
[via PDK]
People are expecting it [RV] at any moment. All of them say we are in a very short window, so I am excited. Many are looking for between Dec 2 to Jan 2 right now.
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Frank26 (KTFA)
Kuwait, 1991, two weeks before they did an RV, before they came out with a new rate, their central bank released new note verification guides. That’s what we’re expecting. We call them the bulletin boards so the citizens wouldn’t panic when the old notes suddenly became 1,000 time the street value. That was 1991…Germany in 1948, Renton Bank published, ’currency exchange procedures’ 10 days before the DM launched so that the public would know exactly how to walk in and trade their worthless paper for real currency. China back in 2015, the PBOC issued, ’Offshore CNH handling instructions 72 hours before the stealth de-p*****g…These scenarios have happened many time in the past.The tactics that you’re seeing right now from the CBI is actually part of the monetary reform plan…Who’s the author of the monetary reform. Dr. Shabibi. As much as they’re playing tennis with our emotions, it’s actually vital…to serve the monetary reform false information …Remember when Bluestar asked Dr. Shabibi at the United Nations/Chamber of Commerce, ‘When are you going to add value to your currency.‘ And he said, ‘Well, John, when we have security and stability …but if I knew when we were going to do it I wouldn’t tell you.’ …It’s very reassuring…
Sudani said he’s introducing a financial mechanism on December the 1st. It’s okay with me. How about you.
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MilitiaMan
There’s a thing called the FATF, the Financial Action Task Force grade list. Review could take Iraq completely off this watch list is scheduled for the first part of 2026, but it is not a prerequisite for a revaluation…It’s all coming together on schedule.Drop the 3 zeros, apply the real effective exchange rate and that’s where the AAD [Arab Accounting Dinar – The official unit of account for the Arab Monetary Fund] comes in and they do a managed float…They’ll be able to defend the currency because they have gold, they have oil, they have all the non-oil revenue streams. They have all this worked out.
Clare (KTFA)
Article:
‘Savaya receives orders from Trump before heading to Iraq’
Quote:
‘Mark Savaya, the US president’s envoy to Iraq, stated on Friday that he received his assignment orders from the commander-in-chief of the US armed forces, Donald Trump. Savaya wrote in a post on the X platform that he received those orders regarding Iraq during the meeting he had with the US President on the occasion of Thanksgiving. Trump’s envoy to Iraq did not elaborate on the details of those orders.’
Article:
‘The Central Bank of Iraq is developing a plan to increase the country’s gold reserves’
Quote:
‘Economic expert Manar Al-Obaidi stated…the issue of changing the exchange rate of the Iraqi dinar, which has been widely discussed recently, must be discussed from a ‘scientific economic’ perspective and ‘away from populist proposals,’
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Fnu Lnu
I have researched and vetted all the claims of TV commercials, press releases, and so-called articles…There is no talk of an RV among all the relevant parties, agencies, and leaders…One day the RV will take shape but it is not going to be this year…
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Sandy IngramThere is deep concern that the oil prices have dropped after news of a peace agreement between Ukrain and Russia.
Article:
‘Oil Prices Sink as U*****e Agreees to Peace Deal’
This is Iraq’s worst nightmare because the budget and Iraq’s economic well-being is tied to the oil revenue. When prices drop, that’s serious. Oil prices dropped to… between $59 and $61 a barrel. Iraq needs oil to be about $80 + per barrel to be financially secure.
Article quote:
‘The IMF…the budget break-even oil price has jumped to $84 per barrel.’
…$60 is real serious…That peace deal…would provide more oil in the market…a market that is already oversupplied.Samson (KTFA)
Article:
‘A DELEGATION FROM MICHIGAN, USA, VISITS BASRA TO DISCUSS COOPERATION AND CITY TWINNING’Source : dinarchronicles
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