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STATUS OF THE RV , PART. 2
Breakthrough with the IQD:
😊I need everyone to go to my Articles Section today and read the entire article titled “AL-NUSAIRI: 2025 INDICATORS: A STRONG ECONOMY, A RECOVERING DINAR, AND DEVELOPING BANKS.”
Economic and banking advisor Samir Al-Nusairi confirmed that his predictions, made in previous articles and statements, that our economic indicators in 2025 herald a strong and robust economy based on the availability of foreign currency reserves exceeding $108 billion and 163 tons of gold,
sufficient to cover imports for 18 months. Al-Nusairi also said in an interview with Al-Eqtisad News that the local currency issued amounted to approximately 100 trillion dinars, and our dinar is recovering and gradually returning towards an exchange rate against the US dollar towards the equilibrium price targeted by the Central Bank.
So, let’s hold our proverbial horses and not go off with a half-cocked reaction to Al-Nusairo’s statements in the article of today. Lets’ pay close attention to the words he said. He said “gradual” which is exactly what
I keep emphasizing on my blog. He did not say tomorrow or next week. He merely said “gradual” and so when it happens, it happens.
Then he talks about an “equilibrium”  ;price that is being targeted by the CBI.
Operative words are “equilibrium” and “targeted”. Oh boy, oh boy, oh boy is this not what my CBI contact has been telling us all along?
She said that the parallel market must be cracked to drive down the informal price of the dollar to the “official” CBI rate.
Appears to me they are cracking the parallel market. I told everyone this will not happen overnight and will take weeks to materialize once the U.S. ends sending paper cash to Iraq.
This means that the dinar, as it is still pegged to the dollar, will also “gradually” go up in rate.
So, what is this “equilibrium” price exactly they are targeting?
The CBI is not going to divulge this target rate to us but we do know they told us it is at the “official” rate or very close to it. Then we were told when this happens this will trigger the Project to Delete the Zeros and so on and so forth. Again, the word “trigger”.
Remember that I was worried when I heard all this recent news about the decision by the CBI to go forward with their digital dinar.
Would they still conduct the Project to Delete the Zeros?
Would Iraq still have a paper currency?
What would happen to our dinar that we hold? Should we have been worried?
I then listened to the news going forward from that week and we then learned the answers to these important questions.
But what happened was I took my time, relaxed and kept listening to the news.
I did not go off half-cocked. No knee-Jerk reaction. The FACTS will always eventually surface. There is no need to lie about the future. They will tell us.
Yes, much of the news is delayed as many times it already happened by the time when we get it.
What is wrong with this method of distributing the news?
Even though it is untimely, we can still put the picture of the puzzle together to see where they are going and how they plan to get there.
English (US) ·