The US appears to be completely fed up with the Maliki antics

They introduced me to the tellers and took me to where the safety deposit area was and an area where I could do my private banking when everything was done.

This lack of political and economic stability IMO, is the main reason why this event has not happened yet. So we wait.

Everything at this point is logistics and technical, if a problem arises it gets fixed and we move closer. Things really are great.

What is expected to happen will happen shortly all triggers were pushed we now need to let things flow.

he main one was the DFI protection and as we speculated several months ago it was extended. To us this is disappointing but not unexpected.

REPORTS AGAIN TODAY FURTHER CONFIRMING THAT THE CBI AND IMF REACHED FINAL AGREEMENTS AND THEY ARE READY

I just don’t believe it’s one long chain of events that must be completed in order before there is an RV

From looking at the (IMF) reports you can see in detail the growth year by year and with that alone I believe we will see an RV, now as to when, thats a whole different story.

what makes sense to me is this … a 1:1 RV… to have it any less would only anger the people of Iraq as it is not worth a currency of a country to be less then what it is currently using

The RV will be loaded next week and will start worldwide on June 1st. Yes, that is a Saturday in Iraq. The in country RV will start at Iraqi banks.

I GOT MANY CALLS TODAY. WE ARE IN THE 72 HOUR WINDOW. YOU WILL CASH IN TUESDAY. DONE DONE DONE.

We are expecting it to go live at anytime now. I heard the final one was 8am ..5/22 Wed. All the information from many sources has been positive that everything is done. Because it’s done. There are no holdups.

This means that the Central Bank of Iraq will now release the new rate of 3.42 (most likely tomorrow [Thursday] sometime).

I WILL SAY I’M EXTREMELY EXCITED RIGHT NOW…THE CALL I JUST GOT, I’M REALLY EXCITED. I WAS TOLD…THAT I MAY BE GETTING SOMETHING TONIGHT.

THE DONG IS TO GO AT 2.20 AS WE HEARD. THE DINAR IS STILL WHAT IM HEARING AT 11.68.

we were going to see the rate come out at $1.00 , maybe $1.17 , and it’s going to be a dirty float. And it was going to be allowed to float pretty freely until it climbed pretty rapidly

THERE HAS BEEN SEVERAL CALLS TO ME TODAY AND THEY ARE MOST POSITIVE AND IMMENENT–NOW–AS MANY TIMES BEFORE I HAVE HAD THE SAME ALERT GIVEN ME

The bottom line was the manager was able to view a moving rate from his screen, and they have had meetings about it so at least it tells me we are looking good.

“Kurdistan is at an important juncture, where it cannot afford poor responses by undiplomatic and unknowledgeable officials. Bad representation and wrong decisions now will return things back to the beginning of the twentieth century!”

Iraqi government threatened today to take legal action against companies that export crude oil from Kurdistan to Turkey.

“if concepts and measures are not altered in tandem with the changing of regimes, they will clash — as is currently happening. When we abandon the official exchange rate for the sake of supply and demand…”

Abdul-Mahdi: “what has not changed concepts and procedures with changing regulations they Sttsadm, as is happening now.”

“What concerns me is that companies have all of this excess cash and they are not deploying it into their long-term operations”

the current securities law conflict with other economic laws is needed to bring new legislation by the House to regulate the market and attract businesses.

“Biden expressed concern over increase in violence and extremism in Iraq and Syria, pointing out the necessity for finding Iraqi solutions to calm the situation.”

Iraqi Central Bank as a bank independent under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining the price stability and the implementation of monetary policy

Economist shares a list of reform possibilities to bring value back to the Iraqi Dinar.