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¨STATUS OF RV¨ BY DINAR IRAQ AND DONG VIETNAM UPDATE, 17 NOV "This is when the dinar goes international" (Oh? But It Can Be Exchanged Now At That Same Rate! LOL)  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

¨STATUS OF RV¨ BY DINAR IRAQ AND DONG VIETNAM UPDATE, 17 NOV "This is when the dinar goes international" (Oh? But It Can Be Exchanged Now At That Same Rate! LOL)

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¨STATUS OF RV¨ BY DINAR IRAQ AND DONG VIETNAM UPDATE, 17 NOV "This is when the dinar goes international" (Oh? But It Can Be Exchanged Now At That Same Rate! LOL)  Empty ¨STATUS OF RV¨ BY DINAR IRAQ AND DONG VIETNAM UPDATE, 17 NOV "This is when the dinar goes international" (Oh? But It Can Be Exchanged Now At That Same Rate! LOL)

Post by RamblerNash Wed Nov 17, 2021 10:16 pm

¨STATUS OF RV¨ BY DINAR IRAQ AND DONG VIETNAM UPDATE, 17 NOV

Status of the RV

The recent news is all about the election and the revaluation of the Iraqi dinar.
So let’s first talk about the election.

ELECTION

I firmly believe Al-Kazemi is going to be the next prime minister and the Iranian backed militias and party politicians are going to do whatever they can to prevent and place their puppet Iranian minister.
However, the Sadar coalition won the majority during the election last October and the party is strongly considering al-Kazemi as their candidate and they told us so.

What we want most likely needs a stable government and so I believe they will not revalue the currency until this is “officially” announced and al-Kazemi is seated.
What I did say is the reinstatement of the currency needs a stable government and getting the newly elected prime minister in place is part of a stable government.

DEVALUATION/REVALUATION OF THE IRAQI DINAR

Next, I will talk about the devaluation/revaluation of the Iraqi dinar.
As we all know in December 2020 the CBI did a major devaluation of almost 22%.

So, when most of the news from Iraq is now talking about a “revaluation” they are only talking about bringing it back to the pre-December 2020 rate from the 1450 rate but still within the program rate.

This has nothing to do with the project to delete the zeros or reinstatement which we know points the way for we want.
Once reinstated on FOREX we go to the bank and not until.
We want a reinstatement to get off the program rate and for the IMF to announce the new SDR basket that includes five currencies of the major developed countries including Iraq as part of it.

This is when the dinar goes international.
We do not go to the bank until its is international.
They also are going to switch over to the Quantum Financial System (QFS) as the same time.

The QFS already now contains the new set of rates to adjust them according the Basel 4 asset backed.
The rate of the dinar was showing at $4.81 this week.
RamblerNash
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