FRANK26, MARKZ & MNT GOAT: 📰 Global RV Parallels & Iraq’s Mixed Signals: What Commentators Are Saying 📰

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📰 Global RV Parallels & Iraq’s Mixed Signals: What Commentators Are Saying 📰⚡

✨ Highlights Summary (English)

1️⃣ Frank26: Historical Patterns Before Major Currency Moves

Frank26 highlights past global examples where countries issued guidance before major currency changes:

  • 🇰🇼 Kuwait (1991): New note verification guides were released two weeks before their revaluation.

  • 🇩🇪 Germany (1948): The Rentenbank published exchange procedures 10 days before the Deutsche Mark launch.

  • 🇨🇳 China (2015): PBOC issued handling instructions 72 hours before a stealth de-pegging.

He suggests these precedents mirror what some expect Iraq might do — releasing bulletin board instructions before any new rate — and argues that the CBI’s public denials are part of a necessary “facade” to protect the monetary reform process.


2️⃣ MarkZ: “We’re in a Very Short Window”

MarkZ reports that many of his sources believe the RV could happen at any moment, with a high-expectation window between Dec 2 and Jan 2.
He stresses excitement and growing anticipation among insiders.


3️⃣ Mnt Goat: Clarifying the CBI Statement

Mnt Goat cites the headline:
“The Central Bank Settles the Debate: There Is No Intention to Amend the Exchange Rate of the Iraqi Dinar.”
She emphasizes this means no intention to devalue the dinar — not necessarily a rejection of future strengthening — and points out that the statement addresses current policy, not long-term reform.


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Frank26  

 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-pegging...These scenarios have happened many time in the past.

As far as the central bank saying there's no plan to change the exchange rate...why did you say you're changing the exchange rate by lifting the 3 zeros...?  Remember the CBI has to put up this facade.  It has to put up this fake posture saying there's no plan.  We've already gone over this over and over and over again.  This is actually part of the  monetary reform plan to distance them...Be smart.  Be strong.

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. 

Mnt 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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