Saturday, October 26, 2024

TIDBITS FROM MNT GOAT, 26 OCT

  Mnt Goat

  Article:  "I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?”

  ...we can interpret these electronic debit cards as yet another move by Iraq to open up to the rest of the world...yet another move out of the sanctioned - mode that Iraq has been in just occurred.

 Thus they are joining the world stage again but bigger and better this time...

 Article:  "I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT ?”  

 ...we read from this article that ONLY now are the banks finally issuing these debit cards that can be used globally, such as in the U.S...

Yes, they are finally being released...

Yes, it is time for them now...the rate is determined at the bank, when the transaction goes through at the bank when the card is used...NO rate on the card...The rate is controlled by the currency exchange or the CBI (official rate) whichever one they are linked to.

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Integrity hints at the “dominance” of foreign banks on the currency sale window and moves to limit their powers, 26 OCT

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