DINARESGURUS.BLOGSPOT.COM__________________________

Sunday, January 29, 2017

YOSEF UPDATE: Q & A, 29 JAN


IKO WARD TWEET, 29 JAN

@IkoWard
Fast is slow and slow is fast. Solid decisions mean fewer problems down the road. Rejoice in knowing you can

BANK STORY, 29 JAN

BigHeart:
I was at the bank to make a deposit. I asked the teller if they were still selling the VNN or the VND. He went and asked someone what it was and came back loudly and said. "You want to buy some money?" I told him it was foreign currency. He went back and asked again.

He came back whispering. "That's blocked, you'll have to go to the website and call the foreign currency department. It was funny but things are happening.

NWMontana:
Big Heart! I Loved your story! : ) 'specially the shouting this and whispering that part! : )

BigHeart:

Thanks NE. It gave me butterflies.

KTFA UPDATED, 29 JAN

PappaJack:  FAMILY LET ME ADD A LITTLE SOMETHING TO THIS:  

THE US IS THE LARGEST RESERVE ECONOMY IN THE WORLD AND THAT BEING SO,DOES IT NOT STAND TO REASON THAT WE WOULD BE ONE OF THE LAST IF NOT THE LAST TO SPEAK OF THE NEW DIGITAL CURRENCY AND TO ADMIT IT'S EXISTENCE.

THE DOLLAR SUPPORTS OTHER CURRENCIES OF THE WORLD AS THEY HAVE BE FINDING THEIR OWN VALUE ( WHICH HAS CAUSED THEM TO BLEED THEIR RESERVES) IE- JAPAN, RUSSIA CHINA ,GREAT BRITAIN IS CURRENTLY VALUING DOWN, INDIA AND THE LIST GOES ON.

WELL IT'S OUR TURN !!!!

I THINK THE US HAS BEEN FINDING ITS VALUE FOR A LONG TIME NOW ,AS WE SAW WITH IRAQ , NOTE COUNTS HAVE BEEN LIFTED , HOW? YOU SEE THE 100, 50, 20 AND 10 NOTES NOW HAVE GOLD NUMBERS ON THEM, YOU HARDLY EVER SEE AN OLD NOTE, IN FACT YOU DON'T SEE MANY WORN BILLS EITHER ----


IF   A NOTE WEARS OUT IMO MANY HAVE NOT BEEN REPLACED AND YOU CAN BET THAT THE GOLD NUMBERED NOTES THE TREASURY/FED RESERVE KNOW EXACTLY WHAT IS IN THE SYSTEM (NOTE COUNT LIFTED JUST LIKE IRAQ)  

BTW---- HOW MUCH CASH DO YOU CARRY NOW ? I BET YOU USE YOUR CARD MORE THAN CASH IN MOST INSTANCES DON'T YOU? NO NOTES MORE CURRENCY VALUE!

HOW MUCH HAVE COMMODITIES GONE UP, SEEMING WITH NO REASON ?  

MY FAMILY OWNS A RESTAURANT AND I CAN TELL YOU POSITIVELY THAT IT EXCEEDS 35% IN THE LAST FOUR YEARS. PRICE OF OIL WAS USED TO DRIVE THE PRICES UP , DID YOU SEE PRICES DROP WITH OIL DECREASE---- NOPE!!!!!!  

I GUESS YOU COULD LIKEN WHAT HAPPENED TO THE US TO THE FROG PLACED IN A POT OF COLD WATER AND THEN HAD THE HEAT TURNED UP --- SO GRADUAL HE SITS IN THE POT AND NEVER JUMPS OUT EVEN THOUGH WASN'T GOOD FOR THE FROG.

BOTTOM LINE FOR THE US IMO IS THAT THERE WILL BE A STOCK MELT DOWN ( BLACK SWAN EVENT)  TO ADJUST IT'S VALUES DOWNWARD BUT THE US DOLLAR WILL NOT CRASH AND BURN -

IT WILL BE BUMPY FOR A SHORT TIME BUT DUE TO THE ACTIONS ALREADY TAKEN ,THE ACTIONS ALREADY MENTIONED ABOVE==== BASICALLY A SEEMLESS TRANSITION FROM FED. RESERVE TO US TREASURY ASSET CURRENCY ( IF YOU HAVE ANY DOUBT STILL GO BACK AND STUDY BASIL 3 REQUIREMENTS --- IT'S NOT JUST BANKS THAT HAVE TO BE ASSET BACKED,C-O- U-N-T-R-I-E-S  HAVE TO BE ASSET BACKED!!!!! 

IMO DOC'S LAST TWO POSTS ARE A CONTINUATION OF THINK LIKE A COUNTRY POST THAT HE DID A WHILE BACK AND THUNDER KEEPS A KEEN EYE FOR THESE ARTICLE S THAT TURN INTO  ACTIONS.. 

      WE WATCH IRAQ ALMOST EXCLUSIVELY IN DINAR LAND BUT NOW MAYBE JUST MAYBE IRAQ IS THE DISTRACTION? THINK ABOUT IT????

Restored Republic via a GCR as of Jan. 29 2017

Restored Republic via a GCR as of Jan. 29 2017

Compiled in the early morning hours EST of 29 Jan. 2017 by Judy Byington, MSW, LCSW, ret, CEO, Child Abuse Recovery www.ChildAbuseRecovery.com; Author, "Twenty Two Faces," www.22faces.com.

A. Jan. 28 2017 Q&A with Yosef, Part 1 Selected Samples. For full report see:
Questions & Answers w/ Yosef - January 28, 2017 - Part 1

1. Yosef: I speak with military, agency, banking and white hat contacts almost daily. I have a solid source on the decision making committee that speaks to the Elders, but not Grandfather per se. Anyone that tells you they speak to Grandfather doesn't speak to Grandfather. They hide his existence and whereabouts well.

2. Have you personally seen the grey screens for ZIM sovereign values? A: I have. Blue screens too for government transactions. I've seen both authentic bank documentation and tear sheets for the global collateral accounts in every major central bank.


3.We're told the initial 800#s will be turned off within six days of their issue, and then to redeem currency you'll have to call the traditional 800# numbers for branch banks (unless you have ZIM as some of those off site locations will be kept upon). Again, they want to reward people for paying attention all these years, but not drag out an event they worked very hard to conceal for the masses.

4. The Zim screen rate we are told is 1:1 or 1 ZIM per 1 USD. That's a par value. No matter what sized note they hold, the face value will be honored at a 1:1 ration.

5. There's no taxes as it's both a sovereign event governed by international treaty and a currency exchange.

6. Ten steps of the exchange:

a. See the 800# off a trusted Internet site l

b. Call and state the currencies you hold, and where you live by zip code or postal code.

c. (The first 800# will direct you to a second 800# that is specific to your name and exchange center). Make your appointment.

d. Drive to said appointment with anyone you desire to be there (less than two people).

e. Hand in your currency, identification, receipts, gift letters, trusts, LLC's, 501c3's and anything else they request.

f. Negotiate an sovereign exchange rate, structured payout and NDA (if so desired); otherwise take the screen rate or something less.

g. Have all cashiers checks cut (5 or less) and any wires sent (5 or less).

h. Leave the exchange facility.

i. Drive home safely.

j. Follow the terms of the NDA agreement (if one was signed).

7. Q: How soon will the tax laws be changed governing gifting? A: Tax laws internationally have already changed they just haven't told the world yet. As for the USA, that's coming in the second quarter if I'm hearing Paul Ryan and the Congress correctly as it relates to tax reforms. It will be simpler and better in terms of percentage.

8. Most NDA's are like 2.5 pages, some 8 pages. I've even seen one that was 22 pages long. It will depend on what kind of asset you hold, which currency to redeem and what rate you negotiate. As for structured payouts, they will vary depending also on what you negotiate. Some are just for 18 months while others can be for 100 years. It is totally between you and your exchange banker.

9. Interest rates will vary (2%-8%) as will when those structured earnings are paid out (quarterly, semi-annually and annually).

10. Screen rates are normal everyday values for currency if you were to walk into any bank and the world and attempt to buy or sell currency. Privately Negotiated Rates are basically sovereign rates, that are higher than cash and coin screen rates, as they exist on a higher tier in the banking system. We understand those to be much higher for all currencies, not just the ZIM.

11. In terms of the ZIM specifically, we understand the audited value of the continent of Africa, including Zimbabwe whose currency will be used as the regional reserve currency for the entire African content and eventually placed in the IMF's Basket of Currencies determining the global reserve currency value… is $125,000.00 USD per $1.00 ZIM. So the $50,000 USD top end price, awards both the redeemer with an incredibly high sovereign rate, while still leaving some arbitrage for the bank in-taking the currency.

12. Structured payouts and NDAs will accompany all sovereign rate transactions.

13. Screen rates can be received without an NDA (but all ZIM exchanges will have some form of NDAs given their sheer volume--it's just how detailed the NDA will be).

14. You can avoid NDA's even on ZIM exchanges if you are willing to take far less than the screen rate, and settle more on a final lump sum number--as we believe more than 75% will do because they just don't need or want as much money as even one ZIM note qualifies them for.

15. How high of a rate is determined by how you can handle it mentally, emotionally, psychologically, structurally in terms of your humanitarian experience and project plans. Good bankers listen to their clients and feel out what their true needs are versus what they think their true needs are. You might be surprised they take you higher than the screen rate if that's all you ask for or feel you need.

16. I believe we are complete in terms of geopolitical, military, financial and political regime change. Now it's just a matter of release. Easy like Sunday morning… wow, profound song title perhaps:)

17. Chances are the banker won't hassle with you on your rate. The exchangers are there to get you whatever you need, they just don't want to over or under burden you depending on your state of mind and aspiration. So just be honest with them about the sovereign rates, let them know you know about them, but I wouldn't go into specific values right away. Just throw it out there, see what they say. See where they are at intellectually on how the world really works.

18. Remember, if there were no sovereign rates the screen rate on the ZIM is enough to give someone a heart attack if they were unaware of the GCR/RV so put some perspective on the negotiation

19. No zeros will be taken off on any currency in terms of conversion. Where the zeros come off is at the FOREX level, for instance where the Dinar is at 1,170. I see the reality of the IQD being valued at $11.70 after the revaluation, and thus two zeros have been reduced. But the actual face note of what your holding would then be redeemed at $11.70 USD.

20. I know exchanges are happening before the month of January will end. The question is when will the 800#s come out.

21. Some of the group paymasters have been hydrated and will start paying out on Monday at 12:01pm EST.

22. Tiers 1,2,3 and T4 paymasters are already hydrated, so no it won't be a shotgun start. Liquidity will be a shotgunned approach world wide, whereby all currencies can move (or be in taken for redemption) at the same time or in a shot gun fashion, yes.

23. In terms of negotiating, it's pretty simple - there's a screen rate and there's a negotiated sovereign rate.

24. If you take less than the screen rate, you won't need to sign an NDA, if you take more than the screen rate, the NDA's will be more severe but the numbers will go very high, especially for those prepared with humanitarian projects that create jobs (and they go super high if you're looking to do such things in third world countries).

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B. Jan. 28 2017 12:45 EST WSOMN AdminBill: "Talked to Several Sources" - WSOMN AdminBill Intel 10:45 AM MT 1-28-17

1. My info today places us in a window that starts this weekend.

2. There is a strong start possibility of RV start Tues. Jan. 31 2017.

3. I talked to several sources since early yesterday that believe the process is in the works with the Zim projects and they should start early in the week.

4. I verified HB payouts or conversions beginning early next week.

5. After my discussions I believe that once those are nearing completion, (near week's end next week), authorization and the funding of the GCR will begin.

6. The GCR will begin with the RV of the Dinar.

7. It was to be followed immediately by the Dong and other currencies shortly thereafter.

8. IMO the RV/GCR should happen almost simultaneously.

9. The RV/GCR should move to the end of the week and into the following week

10. No double dipping will be allowed.

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C. Jan. 28 2017 2:14 am Intel Situation Report: "Hero" - GCR/RV Intel SITREP - 02:00 EST - Saturday - January 28, 2017

1. The Chinese New Year began in Asia on Sat., Jan. 28 (noon EST Friday, Jan. 27).

2. Standby, activation and exchange memos were sent out worldwide to banks in the last 48 hours.

3. All 50 state treasuries did a "final ping" back when pinged first by the Republic Treasury fully loaded with asset backed TRN/USN.

4. Each state had to acknowledge both the restored Republic's gold backed currency and Constitutional form of government like the original document demands.

5. This "final ping" decision was very historic act that few in each state will ever see or know about. Crazy!

6. 209 sovereign nations are ready tonight (Fri. Jan. 27) at any time, any hour, to receive RV authorization this weekend. Just think about that for like 17 seconds!

7. No short cuts or going back now. The rocket ship doors have closed. Whomever is in the command module, is in. And whomever is not, is not. Sobeit.

8. General Dunford relinquished control of the Republic military to General "Mad Dog" Mattis on Sat. noon EST Jan. 21 2017.

9. General Dunford then immediately flew to HK and signed the last treaty document for the release of our TRN/USN internationally as he's the only American the Elders trust to release the RV in the USA.

10. All banks globally including US banks must now be in compliance with Basel lll asset backed holding percentages as of Wed. Feb. 1, 2017 or they will automatically (aka technologically) be shuttered.

D. Jan. 28 2017 2:13 am WSOMN Update AdminBill: "My Information Today" - WSOMN Update w/ AdminBill 12:13 AM

1. My info today places us in a window that starts this weekend.

2. There is a strong start possibility of Tues. Jan. 31.

3. Zim investors start early in the week.

4. The RV/GCR to move from the end of the week into the following week.

5. No double dipping.

6. This is my own interpretation of next week's potential.

http://inteldinarchronicles.blogspot.ch/2017/01/restored-republic-via-gcr-update-as-of_29.html

DINARLAND RECENTLY, 29 JAN


BACKDOC UPDATE, 29 JAN

BACKDOC:  LET'S BREAK THIS VERY IMPORTANT ARTICLE DOWN FOR CLARITY!

FOR STARTERS THE FEDERAL RESERVE IS TELLING US ABOUT THE STATUS OF THE NEW PAYMENT SYSTEM THAT WILL BE USED IN THE NEW REALITY!
 
WE ALL KNOW THAT BASEL 3 REQUIREMENTS REQUIRE ASSETS TO BACK EVERY COUNTRY'S CURRENCY.  

WITH THAT IN MIND REALIZE THIS EXPLANATION IS THE PREPARATION FOR THE NEW DIGITAL DOLLAR WHICH IRAQ HAS BEEN SO IMPATIENTLY WAITING FOR! 
 
REMEMBER, THEY WANT TO GET RID OF THE OLD DOLLAR COIN!  THIS CLEARLY TELLS US THAT THE COMPLETE BUILD OUT FOR THE NEW DIGITAL DOLLAR PLATFORM IS NOW CLEARLY IN PLACE!   CAN I SAY SLAP MCFLY!  HEE HEE
 
THE DESCRIPTION OF BENEFITS OF THE NEW BLOCKCHAIN DIGITAL PLATFORM  IS EXACTLY AS THEY DESCRIBE HERE AND AS WE HAVE SEEN IN A MULTITUDE OF OTHER ARTICLES! 
 
GREATER SPEED, EFFICIENCY, AND SECURITY IS NOW IN PLACE! 

YIPPIE!   DOC   IMO


COMPLIMENTS OF FIREFLY

Press Release

Release Date: January 26, 2017

For release at 12:00 p.m. EST

Federal Reserve Issues Progress Report on Efforts to Improve the U.S. Payment System

The Federal Reserve on Thursday released a progress report outlining accomplishments and anticipated steps moving forward related to the ongoing initiatives to enhance the speed, efficiency and security of the U.S. payment system.

The progress report highlights collaborative efforts in support of five strategies outlined in the January 2015 publication of Strategies for Improving the U.S. Payment System. These strategies are being pursued by the Federal Reserve in conjunction with various private sector businesses, financial services providers, financial institutions, consumer groups and government agencies.

"The Fed's priority is to advance improvements that are in the public interest so that consumers and businesses alike have access to efficient, real-time and highly secure payments in the United States," said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City, who is leading the payment system improvement initiatives on behalf of the Federal Reserve "Through a number of collaborative efforts, the industry is making real progress on all fronts and we're expecting to achieve a number of significant milestones in 2017."

The progress report details the work-to-date of two payments industry task forces created as part of the effort--one devoted to faster payments and the other to a more secure payment system.

Among its accomplishments, the Faster Payments Task Force:

Fielded and commissioned an independent assessment of 22 faster payments solution proposals against the Faster Payments Effectiveness Criteria released in February 2016, 19 of which voluntarily progressed through a review by the 500+ participants of the two task forces.

Analyzed potential challenges to successful faster payments implementation, focusing on provider interoperability, rules and standards, governance, adoption, safety and security.

Today, published part one of a two-part final report that provides a high-level overview of the task force's background and processes, the payments landscape, and the benefits of faster payments.

The Faster Payments Task Force is working to complete its assessment of solution proposals and to develop recommendations and next steps for implementing safe, ubiquitous, faster payments in the United States, which it plans to publish in mid-2017, in the second part of its final report.

In 2016, the Federal Reserve's Secure Payments Task Force:

Launched work to address the industry's most pressing payment system security issues: identity management, data protection, and fraud and risk information-sharing.

Mapped existing identity management practices in end-to-end payment flows in order to identify opportunities for improvements.

Defined the guiding principles for protecting sensitive data associated with payments, serving as a foundation for building a more comprehensive data protection framework for industry participants.

Inventoried current industry efforts to share information for fraud and risk prevention and mitigation.

In 2017, the Secure Payments Task Force plans to outline ways for the industry to improve payment identity management practices, provide guidance on standardizing definitions of fraud and risk data so it can be easily interpreted and acted upon, and publish a framework for protecting sensitive payment data.

"Protecting payment systems and transactions has become a critical function for central banks, financial institutions and technology providers as sophisticated cyber threats have increased in size and scale throughout the world," said Federal Reserve Board Governor Jerome H. Powell, who co-chairs the initiative's oversight committee.

Other important accomplishments included in the progress report stem from efforts to enhance payment system efficiency through work on standards, directories and business-to-business payment improvements. In addition, joint efforts with industry participants have accelerated plans to implement the financial messaging standard ISO 20022 for U.S. wire transfer systems and widespread same-day ACH (automated clearing house) settlement.

Media Contacts:

Federal Reserve Bank of Chicago Dan Wassmann  daniel.wassmann@chi.frb.org

Federal Reserve Board Susan Stawick  susan.k.stawick@frb.gov

2017 Other Announcements

SOURCE: federalreserve.gov/

Thunderhawk:  I LOVE WHEN A PLAN COMES TOGETHER...

Outstanding DOC !!!! Exactly what we been studying....

LETS BUZZ THE TOWER and BRING IN THE US DIGITAL DOLLAR…..ThunderHawk OUT

WSOMN UPDATE, 29 JAN

WSOMN:

Papa:  Did you guys see this site? Look at the top right.
http://www.basnews.com/index.php/en/
Hope it means what I think it means lol…. Wish I could take credit but saw it on another site.

Snickers:  3.648 may be in-country. We're supposed to get higher internationally. Who knows.

Azgirl:  snickers~supposedly that is local news from Erbil so it looks like in country to me

ADMINBILL:  HI EVERYONE

Papa:  AB did you see the site I posted?

ADMINBILL:  PAPA I DID

IGW:  My understanding of monetary reform in Iraq is just a readjustment of cost of goods withing Iraq, not that Iraqis go into the bank and exchange dinar for a higher rate, rather they just get an increase in buying power. So maybe this whole thing is just to keep Iraqis from brining in hoards of dinar and exchanging at a high rate for USD.

Patience14:  Admin.. I had heard some very positive news earlier today even some that rates are showing up in various places, but that in Iraq its being said there will now be delays in the RV do to Trumps ban, have you heard anything?

ADMINBILL:  NO DELAYS… THE RV/GCR WILL GO A LONG WAY TO MEND FENCES

KTFA UPDATE, 29 JAN

KTFA:

Salamon:  Good morning family.

Good broadcast at The House of Destiny which is Kim Clements ministry this Saturday!  They had extensive report about the prophecy of Kim speaking in advance years earlier about Donald Trump becoming President,  the Dow reaching 20,000,  also drought in California suddenly ending with huge amounts of rain, the Iraqi dinar, and the middle east coming back to life because of the prayers of Iraqi and Iranian Christians.  WOW is all I can say.  To God be all the Glory.

The important thing is all these events converged this last week.  You will be amazed at the prophetic word about the drought in California SUDDENLY coming to an end with news coming out 1/26.  The SUDDENLY about the Iraqi dinar is now what we wait for with these others signs be fulfilled.

http://Www.kimclement.com

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Risk1:  Beautiful..Beautiful....Were almost there folks..There telling us point blank.."former glory"

Walkingstick:  A source reveals for "tomorrow Press" about the size of the cash reserve at the central bank
14:18 29/01/2017

BAGHDAD / tomorrow Press A government source revealed on Sunday, for the low monetary reserves of the Central Bank of Iraq to $ 45 billion, as a result of the deterioration of oil .prices and the continuation of the "waste" of public money, said the source for "tomorrow's Press," that "the government has stopped at the moment Antrza, dependence on bank reserves began to take advantage of the state's resources and borrowing, "noting that" the high price of world oil market also contributed to stop relying on the financial reserve.

" He added that "the central bank's reserves in 2014 was 87 billion dollars, and as a result of cost to the country because of the war on Daesh and lower oil prices, Iraq relied on this reserve for running the country and the payment of staff salaries and the needs of the market, "pointing out that" waste of ".money year contributed to the decline in current reserves to 45 billion dollars He pointed out that" the Iraqi dinar is still safe despite the decrease in the reserve, is expected to return to its former glory after the end of the war on ".Daesh

http://alghadpress.com/ar/news.....8%B2%D9%8A

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Keywords: $ 45 billion in Central Bank reserves and turned to support budgets
http://www.mawazin.net/%D8%A7%.....8%A7%D8%AA

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Iraq Stock Exchange recorded a record trading trillion dinars
http://www.shafaaq.com/ar/Ar_N.....8%A7%D8%B1

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Iraq and the United Nations sign an agreement to establish a fund to finance the "economic reform"

January 29 2017

http://www.alsumaria.tv/news/1.....8%D9%82/ar

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WaymakersKid:  Ok, now....would it be possible for one of you 3 geniuses (I mean that with deep awe and respect!) possibly do a video (or whiteboard so you don't have to be seen) class  called "Financial Systems for Dummies" in which you proceed to give an overview of the difference between the UST and the Fed Reserve and just what their actual jobs are supposed to be as apposed to what they are really doing, why everyone says the Fed should be dissolved and why it's now tasked with making our payment system faster, etc?

I'm a very visual learner and I'm just not picturing all this correctly in my mind and I hate to be stupid about important things like why is it other countries have Central Banks but we don't and is the Fed or the UST supposed to be our "Central Bank"? I know there is a Clearing House in NY that all funds move through going in and out of the country and that the Fed sets the interest rates but that's about it.

There my ignorance is out there for all to see.

Thank you for considering this request (cry for help! lol).

ComingSoon:  The Federal Reserve is the US Central Bank, and most of the central banks internationally are linked (as being Rothschild-owned or controlled Central Banks) to it. It is not the first central bank we have had. Google Andrew Jackson and the central bank... when he shut down the central bank the USA had some of the fastest growth in our history.   Interesting times we are living in. IMO

http://www.history.com/this-day-in-history/andrew-jackson-shuts-down-second-bank-of-the-u-s
Late Saturday Night:

TNT
:
MilliesMom:  I'm looking at basnews.com. It's showing dollar 3.648, Euro 3.844. Is this something to get excited about?

OffGrid:  http://www.basnews.com/index.php/en/

Art:  Milliesmom This is very interesting and may be the rates alright for the usd and euro. Hmmmm

RockyMntLady:  I see the rate...$3.648. If it is true and real I will be happy, thank you very much!  100 dinar = $364 ... do the math...means 1 dinar = $3.64… Even if it is only an in country rate, this is great news!

Keter:  Hmmmm....all the reviews that I have seen for basnews are positive. Really do hope that we are in the final days as Ray says.

Lilypad:  can I give my opinion. This was quite an interesting find

In Iraq 1000 fils is one dinar . In the US 100 cents is one dollar

The pricing I have seen if in dinars has three digits to the right of the decimal. The pricing in the US has two digits to the right of the decimal. Since I am seeing three, I would say the there digits represent fils. So 1$ would be 3..648 dinar. 1 Euro would be 3.844 dinars.

Currently, there are so many rates in Iraq depending on where you are in the country. Until the CBI updates that rate on their site to stabilize the rate, we are going to see different rates

Tex20071:  Lily.....is Iraq going to Digital currency? How do the fils translate to Digital numbers?

Lilypad:  Tex--when money is transferred and payments are transferred thru the blockchain, the number of digits in fills and cents will not matter IMO…. Iraq will be basil 3 and is waiting on the US to catch up! They are waiting on the Basil 3 digital dollar.

Lilypad:  I do have my opinion on the rates on baseness.com. Iraq has fils 1000 fils = 1 dinar. US has pennies. 100 pennies - 1.00. Since there are three digits to the right of decimal, IMO this is 1$ equals 3.644 dinars or 1 euro - 3.844 dinar.

TNT UPDATE, 29 JAN

TNT:

GJHHonor:  gm to all CBI still not updated yet .

Lilypad:  GJHHonor--one day closer to the 30 day IMF deadline. LOL

Lilypad : You have been keeping us informed of cbi update rates, What was the last date you have in your records?

GJHHonor :  was not updated since the Jan 4th

Lilypad : Correct. According to Imf, iraq has 30 days to report exchange rate changes.          
Lilypad : GJH---We are within days of the 30 day IMF requirement

Lilypad wrote This is how i see this. Whether it is 2, 4, 6, or 7 days, there is very little time left for the rate to be revealed. And there is no doubt in my mind that the IMF already knows the rate.

January 4 and 30 days later would be February 3
....
Lilypad:  This is just my opinion and my opinion only from what I have learned. Iraq has been under the transitional exchange obligations. It is my opinion that when Iraq satisfied Kuwait at the end of December 2016, it moved them out of transitional status.

From my understanding, Iraq has to have the new exchange rate to the IMF within 30 days. Iraq would no longer be able to leave the exchange rate blank on the CBI website. They would have to declare the new rate.

http://www.imf.org/external/pubs/ft/aa/#art14 Article 4. No. 2 (Scroll down)

2.  General exchange arrangements

    (a) Each member shall notify the Fund, within thirty days after the date of the second amendment of this Agreement, of the exchange arrangements it intends to apply in fulfillment of its obligations under Section 1 of this Article, and shall notify the Fund promptly of any changes in its exchange arrangements.

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Elmerf123456:  Thought of the day! Ships don't sink because of the water around them; Ships sink because of the water that gets in them. Don't let what's happening around you get inside you and weigh you down!