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AJ Profile picture
AJ
@ajsallen
I Do Not DM Followers about Crypto Investment. Over 20 years in finance. A Commodity Broker, Crude oil, currencies and stocks. TRUTH about the DINAR
Dec 18, 2024 • 6 tweets • 2 min read
Below are highlights of documents I have read from the CBI 3 Strategic Plans from 2016 - 2026 and a brief history. I have just posted the ones that apply to the currency reforms. After you read them leave a comment. I just wonder if you'll see what I SEE. Thread is 4 post below. Image Image
Dec 15, 2024 • 8 tweets • 3 min read
Part 2 -- Wealth Management 101
See 8 part thread Image Image
Dec 4, 2024 • 4 tweets • 1 min read
CBI Plan for 2024-2026
#2 Stability of exchange rates 5. Moving from the platform to correspondent banks in foreign remittance #4 Improve the quality and structure of the Iraqi currency 8. Introduce new issues of high-quality currency to reduce the environmental impact
See thread Image (Moving from the platform to correspondent banks in foreign remittance procedures) This is ending the currency auction. When they do, it'll end the parallel market, they can have lowers notes (Introduce new issues of high-quality currency to reduce the environmental impact.) Image
Nov 2, 2024 • 5 tweets • 2 min read
I got a lot of question about this. So I put together a thread 1-4 to to explain the revalue process. IMF Quote "The total and orderly overhaul of Turkmenistan’s currency system in 2008–09 in many respects serves as a model for other countries." I reviewed others as well 👇 Share Image I posted this on Oct 16th. It is the steps for just the revalue part. Also see next post for 1st steps of auditor's and preparations of public education campaign.
Oct 16, 2024 • 12 tweets • 3 min read
The total and orderly overhaul of Turkmenistan’s currency system in 2008–09 in many respects serves as a model for other countries. IMF QUOTE I going to highlight just the revalue part. You can read the full report linked below in #9 See threads below.👇 1⃣The first step in the Turkmen currency reform was to unify the exchange rate. Like Iraq Turkmenistan’s had a parallel market. The CBI sells dollars at 1310 to banks in Iraq and the banks then sell them for more to the public 1500 example. So Iraq's 1310/1500 need to be equal.