MarkZ
[via PDK]
I like this one: ‘Al-Fartousi: Port Revenues amounted to more than (630) billion dinars during the first half of this year’ the development road project is just now launching. It is not yet complete but experts say it may surpass the income from the oil industry when its finished. This is huge.
I think July is still very much still in play…It really does feel like it did days before the Kuwaiti revaluation.
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Mountain Goat
There will NEVER…EVER be two different IQD rates…To conduct the Project to Delete the Zeros the CBI will make a very significant rate change close to a dollar either way. Then later when the dinar does reinstate whatever rate that is on the global currency exchanges will apply both inside and outside Iraq.
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Frank26 (KTFA)
The process of the monetary reform is moving along very nicely. There’s no delays. There’s no disruptions. Everything is agreed upon. Things are just moving. That’s all. When you play chess, you already know you won the game five moves before it even happens. We know everything’s been approved. The last final game is… checkmate. That is what they’re doing.When will it happen. I don’t know and honestly I don’t care. ‘What do you mean you don’t care.’ …If there was no scent of [Iraq’s] monetary reform change, if there was no hint, if there wasn’t proof that a new exchange rate is coming out, then it would be a different story. But everything that they have told [Iraqi citizens] during Asraflak is the truth of the monetary reform. You are about to get your purchasing power as promised whether the Iranian politicians like it or not. The budget tables IMO contain a new exchange rate…
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Clare (KTFA)Article:
‘The dollar exchange rate fell in Baghdad markets on Monday morning’
Quote:
‘the purchase price was 138,750 dinars for $100.’
CBI Announcement:
‘Tender announcement for the supply, installation and operation of Iraqi and foreign currency counting and sorting machines’
Quote:
‘The Central Bank of Iraq announces the re-announcement of the public tender numbered (2025/1) which has been repeated for the second time and is related to the supply, installation and operation of machines for counting and sorting Iraqi and foreign currency (dollar and euro) with a number of (68) machines, with (35) machines for the bank’s branch in Basra and (33) machines for the bank’s branch in Mosul…at a total estimated cost of (1,186,600,000) Iraqi dinars (one billion one hundred and eighty-six million six hundred thousand Iraqi dinars) and from the planning budget of the Central Bank of Iraq for the year 2025…’MilitiaMan
We can see all the different things Iraq has done. They have all new systems in place…You’ve got e-government systems, all the electronic payment systems, the key cards, the national cards, all of that. You see all of those things…If the ‘mechanism’ was going to be 1310, why didn’t they just turn it on. Because they clearly have it. You have all these…IMF…Bank of International Settlement… United States Treasury…the Arab League, the Arab Monetary Fund all giving approval…but yet they still haven’t triggered it at 1310…It doesn’t seem like it fits.
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Samson (KTFA)
Article:
‘Tender announcement for the supply, installation and operation of Iraqi and foreign currency counting and sorting machines’
Article:
‘The Minister of Finance reassures Parliament: The government is seeking to submit the budget schedules as soon as possible.’
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Walkingstick (KTFA)
[Iraqi bank friend Aki update]
…Weeks ago, ‘I’m waiting on the rate‘. Now we believe he has it and he’s now working on the ISO because [on July 14th] the ISO and Iraqi banks [got] married.Sandy Ingram
An unbelievable event happened in Iraq.
Article:
‘Iran-backed Iraqi militias consider disarming amid threats from T******************n’
Fighters who have carried weapons for decades cast them into the fire in the name of peace…The Untied States wants Iraq to stop these militias and help keep the region peaceful.Source : dinarchronicles
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