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Updates concerning the RV/GCR
03/01/2022 Hot Time in the City Tonight
Hot Time in the City Tonight!
Iraq has 2 presidents and the 3rd will be confirmed and in place either today or tomorrow.
The IMF told the Central Bank of Iraq, that they can revalue at any time.
Misinformation is going around about CBI though that has to be corrected. It was stated that they will cap the IQD international rate at $5.00 which is not possible. The in country rate will be ~ $3.20 jumping international and floating up from there.
CBI is trying to pull in all of the “3 Zero Notes” quickly. No deadline date for the end of the use of IQD, has been published, but the discussion is it will be “done and gone fast”.
Iraq is losing revenue with every barrel of oil that they sell. The per barrel rate today is now over $100. We had been told earlier that this Per Barrel cap of $100 would mark the end of the window established for Tier 4 to exchange dinar. Obviously, this isn’t the case since RV / or GCR notifications haven’t started yet. What’s the new cap amount? When will this window to exchange begin? We’ll have to wait and see what is shared. What has been shared is that by March 3rd we are going to be rockin and rollin and won’t it be fine!
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