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Ariel
@Prolotario1
“Pilot Revaluation” (Key Word)
Assuming you all didn’t know what this means is probably causing the confusion.
This is a trial phase. Where they can still come out with a rate before Q4 is over to test the waters. This would be for the people who wants to exchange a little just to cover bills. 1:1 so to speak.
This notion posits that the Central Bank of Iraq (CBI) might implement a preliminary revaluation potentially increasing the dinar’s value in a controlled manner before a broader rollout.
Such a phase could involve testing the new rate in select domestic or regional markets, with restrictions on trading volumes, capital flows, or international access to mitigate economic shocks like inflation or speculative bubbles.
They will choose what market is comfortable for them. But we know they have enough gold to reduce or eliminate any possibility of inflation. Which is why the announcement by the Federal Reserve is important when they spoke on a gold revaluation.
Again Iraq moves when America moves. When the Ripple-SEC case was over what did we see from Iraq? Cryptocurrency legislation.
Guess what?
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This will also be the case once gold revalues. And they will get to adjust the price on the 130 tons of precious metals they have which will be used to support the Iraqi Dinar. All of this can happen this year. Full implementation can begin 1st qtr for Iraq in 2026.
They haven’t been on the International market in decades. We can’t push them off into the deep end of the pool without some safety gear on if it’s their 1st time swimming. They can start off in the shallow part of the pool 1st. They feel more in control there.
This trial phase can last a weeks, or a couple of months. I just know they are definitely positioned.
Source(s):
https://x.com/Prolotario1/status/1955684618683744583
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