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Tuesday, July 31, 2018


7-31-2018   Intel Guru Frank26   [via Clare]  IMF lifted barriers, all sanctions, ART 8...Lifted!   CBI must move fast for many reasons: THE PEOPLE, jobs, demonstrations...the people need it!  ...They need the increased purchasing power, a sense of pride in using their currency!  Iraqi Private Bank Ass. last week told all private banks in Iraq to open the branches in all the Gulf States & in Iraq...International!  The absence of small monetary categories is detrimental to the stability of the local economy...Again it's about the people!! They are expecting it and have been educated for years, by massive information, especially in 2018 for what is about to take place!  Lower Denom's will be replaced by Small Notes! Has to be!  1. RI for Citizens  2. RV for Global Markets!  Citizens know IQD is 1-1...waiting to be announced...They have a date...forget about that!   Watch it unfold...

7-31-2018   Newshound Guru chattels
  "Dollar exchange rates in Iraq on Monday 30/07/2018  Economy News _ Baghdad...The exchange rate of the dollar, Monday, stabilized against the dinar in the local currency market.  ...the price of selling the dollar in Baghdad today 119 thousand and 500 and the purchase price 120 thousand and 500 dinars to 100 dollars."   Is it accurate to observe that the disparity between the several bourses in Iraq is much diminished? Perhaps uniformity in the rates within Iraq is important to our event ?

7-31-2018   Newshound/Intel Guru Mnt Goat   Article: "RESULTS OF COUNTING AND SORTING BY HAND MAY ANNOUNCE THE BEGINNING OF NEXT AUGUST"  In this article they outline the next steps to form the govt. They are telling us the cabinet of ministers under the PM will not be formed until Sept but Parliament will be in sworn in and the new PM announced next week sometime. I would not expect the CBI to go forward with the reinstatement of the dinar until this done next week.

7-31-2018   Newshound Guru Don961   Article quotes:  "Fitch Ratings International said on Monday it kept its rating of Iraq unchanged at B with a stable outlook."   "Fitch said in a statement that it had confirmed its long-term risk rating for foreign currency debt default at " B ", which means high risk."  Iraq remains in the international credit rating "b".   The risk of repayment of foreign currency debt is high.

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