Wednesday, July 17, 2024

Video that Frank showed tonight: “The project to delete zeros from the currency is still in place" , 18 JULY

 TNT:

Tishwash:  this video is not coming from the CBI or iraq   this video is from Saudi Arabia just fyi

Video that Frank showed tonight

This is the information they have typed below the video on Youtube

“The project to delete zeros from the currency is still in place,” this was confirmed by the Governor of the Central Bank, Ali Al-Alaq, in his latest statements about the project to delete three zeros from the Iraqi dinar. So what does that mean?

The policy of deleting zeros from the currency means, for example, that the value of a one-thousand note is 1,000 dinars, and will be replaced by a note worth one dinar of the new currency.

Iraq is not the only country that resorts to the policy of deleting zeros from the currency, but there are seventy-70 cases that the world has witnessed since the year one thousand nine hundred and sixty 1960, including

Türkiye: Deleted six zeros from its currency in 2005

Zimbabwe: deleted twelve 12 zeros from its currency in 2009.

And Venezuela: Five zeros were deleted in 2018

 But how will the Iraqi economy be affected by deleting the zeros if it is implemented? Although the actual value of the money that people own does not change after deleting the zeros, this step contributes to simplifying the buying and selling processes for individuals and companies.

It makes financial amounts simpler and more understandable. Instead of dealing with huge numbers such as one million 1,000,000 Iraqi dinars, they can be converted into one thousand 1,000 dinars only after deleting three zeros.

Removing zeros may also help in issuing small currencies such as coins, enabling small commodities to be repriced at lower prices. It gives a positive psychological boost to citizens that the Iraqi dinar can now buy more goods and services.

Therefore, countries aim by deleting the zeros to restore confidence in the local currency among citizens and investors

The demand for it increases, and the local currency becomes more competitive with foreign currencies and its exchange for other currencies decreases.

 The policy of deleting zeros is often linked to broader economic reforms, such as raising interest rates on bank deposits, to encourage people to save within banks and benefit from high interest on their bank deposits, in an attempt to withdraw liquidity from the market, reduce consumption and decline in prices.

Then exploit this liquidity to expand productive projects, attract local and foreign investments within the country and create many job opportunities to eventually revive the local economy.

But on the other hand, deleting the zeros may cost Iraq money to print new banknotes to no avail. For example, after eliminating 3 zeros from the Iraqi dinar, when we talk about a 200 dinar banknote, it is actually equivalent to 200,000 dinars.

 Therefore, it may be necessary to print 4 more 50 dinar notes instead of the 50,000 dinar note.

However, this may not have a clear impact on improving the local economy if it is not part of an economic reform package that helps reduce the amount of money circulating among people and stimulate the economy.

Especially since Iraq's economy is an oil economy that needs to stimulate other productive sectors to drive the local economy

Could deleting the zeros from the Iraqi dinar be a real start to stimulating Iraq's economy?

https://youtu.be/kTL-jZko4GE

Bruce’s Big Call, 18 JULY

 Bruce’s Big Call Dinar Intel Tuesday Night 7-16-24


Transcribed by WiserNow

Welcome everybody to the big call. It is Tuesday, July 16th  and you’re listening to the big call- Thanks everybody for tuning in –  the SAT team for connecting us around the globe with millions of listeners, that have been  targeted specifically  as currency holders – We know that actually the call is targeted to – nobody else has that but we have it – and I’m glad we do – Thank you, everybody that is listening with Big Call Universe Thank you Sue and Bob for being here  to  co-host with me

And let’s go into the Intel – Talk about what’s going on. Where we are, well, we’re looking very, very strong right now. The  sources we’ve talked to are talking about this going by the 18th, which is Thursday, today is Tuesday.

That means we should get notified  between now and Thursday, we know quadrillions of dollars have been moving around as of probably before today, but we know today. We know that bond holders are to receive emails tomorrow that would give them access to their accounts on Thursday, the 18th  we know that we should receive our email either over night  or in the morning tomorrow, or sometime tomorrow, in which case we respond  – we set up our appointments and we start exchanges either tomorrow or either on Thursday.

So this is really a great opportunity for us right now it’s terrific. Let’s see what else we’ve got relevant –  we have strong contacts, two contacts that are Iraqi citizens, that are in touch with high up people in Iraq, and they are telling us that the visit that the budget and  rate of the Iraqi dinar will be published in tomorrow’s Gazette, which is Wednesday, the normal published day in Iraq, we are expecting to see that published tomorrow.

So this is the time which is very serious for us to look for our emails tomorrow and be prepared to set your appointment to start Thursday. That seems to be the case – and look the 18th   Is a date that has been decided on to have this start by.

It’s also the date that NESARA is theoretically designed to begin – and for Jeannie and everybody else. If you’re a zim holder, then you should be receiving your restitution and reclamation allowance, which we call R&R. You should receive that at the time of your exchange and redemption of zim  – so that is a bonus for us.

Now let’s say you’re not a currency owner. You should receive your R&R by the end of July. So we, who are zim holders have a little advantage there to get it at the time of our exchange – That’s really good news.


I cannot speak to the increase in Social Security  – we’re over halfway through the month, so I don’t know if that’s something that we’re looking at this month or next month – later could be increased, I’m really not that concerned – but it’ll come when it comes, but we have to be concerned with is getting the toll free number, setting the appointment and going in for our exchange.

Now let’s talk about zim holders. Zim holders, as you can imagine, because of the denomination –  the currency itself of high priority. In fact, Zim holders, who have projects – who plan to be around for a while have priority on going in the med beds – Now – those with dire need, I’m one of them, will also have priority going into med beds – and not too long after the exchange appointment. So I’m very excited about that, and looking forward to that, and I think you should be also.

 So – rates have been going back up, they were fluttering. They were not solid the last couple of days, Bank screens yesterday, at 9am rates were fluctuating. At 1pm at the redemption centers, they were fluctuating. And I recommend that everybody go and do the exchanges as soon as they can – however, for those that may not have Zim, if you’re a Dong and dinar  holder –

The dinar should offer us a contract rate which is going up from where it was a week ago – and It’s extremely high – higher than we thought was possible, but this is an opportunity for you to get a maximum that President Trump wanted us to get with that exchange.

Keep that in mind, and as far as dong goes, they are supposed to bring that rate up higher as well. Not as high as the dinar but it would be very strong rate.

Do I believe this could be our last call? Yes, I don’t normally say that, but I believe this is it, if our intel is proven correct with the thinking is tomorrow is a day we should be notified, and then Thursday is the day we should be exchanging and redeeming  our zim.

 All right, so that said, let’s go ahead and pray the call out and look forward to a wonderful day tomorrow, even better day on Thursday when we start exchanges.

We’re just going to say that’s it for our call.   Okay, and so that’s what I wanted to say tonight

Let’s just thank Sue and everybody. Thank you satellite team for getting out and Lord God, thank you for giving us grace, giving us the faith, the measure of faith. Thank you for that.

Just let’s just move forward tomorrow. Let’s see where this goes and everybody have a great day tomorrow in Jesus name Amen.

Bruce’s Big Call Dinar Intel Tuesday Night 7-16-24
REPLAY LINK Intel Begins 1:04:40
https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHu0q

Bruce’s Big Call Dinar Intel Thursday Night 7-11-24
REPLAY LINK 1:11:40
https://www.freeconferencecallhd.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0002.freeconferencecall.com%2Fstorage%2FsgetHD%2FHsCgW%2FHb26


FRANK26….7-17-24…NOT A LOP!!!

Coffee with MarkZ and Andy Schectman. 07/17/2024


MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Coffee with MarkZ and Andy Schectman. 07/17/2024

Member: Good morning ….Hope everyone has a beautiful day!

Member: Hoping for real good news today! Blessings to all

Member: Anything happening on the RV front?

Member: MarkZ, do you think the RV will happen in waves? First Dinar, then a few months later, VND?

MZ: No, I think they will still all go at the same time. 

Member: All boats will rise with the tide. 

MZ: I like that one. 

Member: Mark, how many contacts do you have in total that are legitimate? 

MZ: That’s always a tough one. They can be the best contacts on the planet. …. But, there is such a disinformation campaign going on it doesn’t matter if they are top level paymasters ect….but everything coming from a Treasury source is suspect because they have to confuse the timing. This disinformation is purposeful. I argue it is hurtful and not needed at this point. 


MZ: I can understand “quiet”. But the disinformation they sow to multiple people is very difficult.…they can give 10 different stories to 10 different people to confuse us and cloud the timing. It makes things miserable. 

Member: Hearing a rumor that triggers will go on Thursday

Member: Things are quiet overnight on the RV side.  I kinda expected it. I still have bond people positioned with hopes …Meetings are going on in Geneva with Iraq and the WTO for their ascension……quiet is not necessarily a negative thing. 

MZ: I continue to hear that the most likely street rate will be $3.86 …I hope its accurate. We won’t know until we get there

MZ: I continue to hear that humanitarian Zim stuff may get released along with some of the original Historic bonds – before the newer bonds get paid. 

MZ: When I say Zim humanitarian stuff… I don’t mean individuals but certain groups …like the indian nations , sovereigns and church groups …that have put together zim groups and aggregated their currency…..They are at a very different level than you or I…Their humanitarian projects have been submitted long ago . 


Member Both Bruce and wolverine believe emails could start today


MZ: That is not impossible…but with the crazy conflicting stories floating around…..I still think the timing will be a surprise. We need discernment and patience right now.

 Member: Dr. Kia Pruitt reported the Bolivar RV'd. I wonder-is this true? 

Member: If it were true….We would be exchanging it right now…IMO. 

Member: anything over $3 for dinar and $1 for dong and I am all in….just do it.

MZ: If it’s over $1 for the dinar …and .25 cents for the don’t- I am in. Stop and think about the potential that is. 

Member: How will those sending out notifications emails to us know our email address?

MZ: Once again….if you joined a group early in this process….or bought currency with banks ect…they may have your email address….BUT…I suggest you subscribe to a Dinar site like Recaps or Chrinicles to get the information emailed from them to you when notifications come out. 

MZ: I have had 2 banks tell me they absolutely will send the information to Dinar Recaps  and issue their instructions to them for their newsletter email list. 

Member: Most dinar sites will also post the info on their sites and Mark, Bruce, TNT, Frank ect…will let everyone know. It will be everywhere. You will not miss it. 

Member: so If I ordered from say “BankNote World” they would send me an email?

MZ: They probably would ….but not for certain.

MZ: In bond news (not historic bonds) “ Real Estate Meltdown strains even the safest office bonds” Many have gone belly up because of the imploding commercial real estate loans . Banks are all taking a hit…..We are watching a $250-$260 Billion dollar implosion on commercial real estate bonds. 

Member: Remember, we have heard the financial system is making big changes


Member: And BRICS is coming out with the new universal gold backed currency called the UNIT soon…..they may force the US to go gold/asset backed as well…or lose trading with all those countries…..Who would want worthless fiat money when they can trade with a currency that has real value?

Member: Also remember that with Nesara, everyone will be paid, debts removed also …IMO that is why so many wealth managers have been put in place in most banks….connect the dots. 

MZ: You bring up a good point. 

Member: Lots will happen the rest of this week….Its going to be big.

Member: thanks to all…..have a great and blessed day. 

Andy Schectman from Miles Franklin joins the stream today. Please listen to the replay for his information and opinions 

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History of the Global Financial System by Elizabeth Rodriguez:VIA WOLVERINE, 17 JULY

 Tues. 16 July Wolverine: History of the Global Financial System by Elizabeth Rodriguez:

  • King Solomon accumulated wealth, which was handed over to his successor King David and later to King Philip.
  • Backing a new global financial system was an estimated 2 Million metric tons of GOLD, held by a group of Royal Asian Families, which is also known as the Dragon Family.
  • In the 1930’s, the royal Asian families had seen that some of their gold and silver holdings in Southeast Asia were being plundered by the Japanese and needed to do something about it.
  • In 1938, the Chinese Koumintang government sent seven warships loaded with gold and silver to the US FEDERAL RESERVE for safekeeping. In return, the Chinese were given 60 year gold bonds.
  • A few years later in 1944, the infamous Bretton Woods Conference took place in which the US, France and Britain were given a 50 year mandate to modernize and transform the world for the better.
  • By August 17th, 1945, President Soekarno of Indonesia had been elected “M1” or Monetary Controller of this large cache of assets, granted under United Nations Resolution MISA  81704, Operation Heavy Freedom. These assets are better known as the GLOBAL COLLATERAL ACCOUNTS and were originally intended to be used for the modernization of the world through several Humanitarian Projects.
  • The Dragon Family are the legitimate Depositors of these accounts.
  • By 1955, it was shown that the International Monetary Fund (IMF), which was also created at Bretton Woods, was not living up to its word and was instead serving only the interest of the banking and political elite. It was at this time that a growing alliance began to see that these funds were being used to fuel the COLD War tension and decided to strongly oppose the shady banking  CABAL.
  • By 1963, this alliance pooled their financial resources together to create the Green Hilton Memorial Agreement, which was signed by John F. Kennedy and President Soekarno and was finished on November 14, 1963.
  • This agreement was to utilize the GLOBAL COLLATERAL ACCOUNTS for global development and Humanitarian projects (along with a new US Treasury Note, a new supernational/international note backed by gold and would bring an end to the Federal Reserve System and the C.I.A.) Just 8 days later, JFK was assass*nated.
  • On November 22nd 1963 US President John Fitzgerald Kennedy was assass*nated in Dallas, Texas. Kennedy strongly opposed the military-industrial complex, which included the Federal Reserve and CIA. Kennedy had signed Executive Order 11110 into law on June 4th, 1963 which gave the president the right to issue GOLD-backed currency, and completely without permission from The Federal Reserve.

Parliamentary Finance Committee comments on US decision to stop Iraq’s transactions in Chinese Yuan, 17 JULY

 Individual from the Parliamentary Money Board of trustees, MP Moeen Al-Kadhimi, depicted today, Tuesday, the choice of the US Central bank to stop moves in Chinese yuan as “erratic” against the Iraqi economy.

Al-Kadhimi said in a proclamation to , “The choice to stop moves in the Chinese yuan was given by the US Central bank, guaranteeing that there were doubts about certain exchanges in the Chinese yuan.”

He brought up that “the National Bank of Iraq has contracted with a worldwide organization to assess and screen moves, and this organization is a wellspring of acknowledgment and trust for the US Central bank.”

He brought up that “after a brief period, the National Bank of Iraq will continue moving settlements in Chinese yuan to Iraqi brokers overall,” demonstrating that “these proportions of the US Central bank are viewed as erratic against Iraq and its public economy.”

The National Bank of Iraq quit managing in the Chinese yuan after the US Central bank blamed Iraq for “blowing up settlements.”

During the ongoing time frame, America has attempted to obliterate the Iraqi cash by forcing sanctions on confidential banks and forestalling the dollar under numerous guises, which somehow prompted a serious monetary emergency in neighborhood markets.


"RV UPDATE" BY MARKZ, 17 JULY

 MARKZ

  • Tues. 16 July 2024 MarkZ: “Some of the Zim charity platforms may go first – is what I am suddenly hearing. Maybe even before some of the Historic bonds. So I am hearing positive things for those who aggregated Zim for humanitarian reasons.
  •  That being said…..I heard that the initial releases of money are being pushed very hard for humanitarians. That is the priority. But this does not mean there is a delay for us currency holders, just that humanitarian projects are the priority.  I am getting that from bunches of sources. I have also had a number of sources from groups reach out over the last 12-14 hours that if we have projects to submit- be sure to get those dusted off and prepared and ready.”
  • ----

  MarkZ   

[via PDK]  I am...hearing that we are in the window for the release of the budget and it will be in the Gazette soon.  I am blown away from the information out of Iraq...

I am hearing from multiple sources inside Iraq that they are expecting an RI (Re-Instatement) at any moment.  I had been told very specifically that they expect a rate of $3.86.   I am getting this from so many sources now …all of a sudden…today…that it has become almost overwhelming...I think this is exciting news and am hoping it is accurate...Just buckle up and stay calm.

 I did hear interesting things from a couple banking contacts that things have very much moved over the weekend and that they may be using the Republican convention as a distraction to roll things out.

https://dinarevaluation.blogspot.com/2024/07/rv-update-by-markz-17-july.html

To Rein In The Dollar...The Central Bank “Confuses” Dinar Accounts, 17 JULY

 July 16, 2024  Baghdad/Iraq Observer   The exchange rates of the dollar against the dinar rose today, Tuesday, on the main stock exchange in the capital, Baghdad.

 Dollar prices on the Kifah and Harithiya stock exchanges recorded 149,000 dinars for every 100 dollars.

 Prices in exchange shops in Baghdad markets also witnessed an increase, as the selling price reached 150,250 dinars, while the purchasing price reached 148,250 dinars for every 100 dollars.

 In turn, the Central Bank of Iraq announced a new mechanism for travelers to receive foreign currency “dollars,” which will be exclusively through corporate and bank outlets at international airports, stressing that the goal of the new mechanism that will come into effect on July 14 is for the dollar to reach the real traveler.

The bank stated: “It facilitates proper transactions, as well as facilitating travelers’ access to the dollar faster.”

 More Than One Share

It is noteworthy that the Central Bank allowed exchange companies to receive more than one share during the week in order to fully respond to travelers’ requests.

In turn, economists commented on the Central Bank’s decision by saying:

 “The Central Bank’s announcement of stopping remittances using the Chinese currency and using the dollar, in addition to the continuing demand to deal with Iran in the dollar, and

 this matter will lead to great momentum on the dollar.”

While they warned against linking the dollar to Baghdad International Airport, because it will exacerbate the rise of the dollar, and we will witness confusion in the local markets that are suffering from stagnation at the present time.

 They pointed out that the rise in the dollar exchange rates remains dependent on the behavior of the Central Bank and the extent of its responses to it, and the

 recent rise of the dollar came after the decision of the Central Bank of Iraq to transfer the operations of travelers obtaining the dollar exclusively through Baghdad Airport. According to a report,

  “Airports are not prepared to receive this large number of companies;

 There are many companies that sell the dollar, and if they are limited to only 6 offices,

 it will be useless and the citizen will not be able to obtain the dollar, and previous experiences confirm this.

 Where Is The Central Bank Spokesman?

Observers were surprised by the lack of an official spokesman despite his presence in all state ministries.

 This is one of the problems with the Central Bank, which announced the procedures and results of the visits conducted by the governor to Washington.

All statements are confusing and confused due to the lack of accuracy and correct official information.”

In this context, the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirms:

 “The exchange rate in the parallel market does not affect the stability of the general level of prices.  While he pointed out that the

 parallel exchange market has begun to affect a narrow economic scope, he pointed out that the

 stability of the dinar’s exchange rate against... The dollar is real and solid.”

 Two Factors, Internal And External

 Saleh said in a statement followed by the Iraq Observer Agency:

 “There is an international factor that imposes controls on what is called banking compliance in financing the demand for dollars from our country’s international bank accounts in foreign currency, and

 there is also an internal factor that benefits from the actions and pressure of the external factor in order to obtain profitable gains.” “Determined or emergency, especially in cash dollar transactions.” 

He points out that:

  “The dominance of the fixed exchange rate system in Iraq, which is based on a base of international reserves, is the highest in the history of Iraq and its monetary policy, as

 the foreign currency covers a percentage of more than 100 percent of the total currency currently exported.”

He continued:    “Through the strength of the official central exchange market, the exchange rate of the dollar to the dinar in the parallel market in our country does not constitute any relative importance in affecting the stability of the general level of prices,

 which have become stable in their components and trends as a result of the influence of the official exchange rate factor that prevails and currently dominates the exchange rate.” Financing “import” foreign trade, amounting to 1,320 dinars per dollar, is responsible for financing 90 percent of Iraq’s foreign trade. He stated,

  “The stability of the official exchange rate leads to stability in the stable external value of the dinar, which is embodied in the state of stability in the relative prices of goods and services, as annual inflation in our country does not exceed only 3 percent, and

 this is what was indicated in the reports of multilateral international financial and economic organizations.”

 The Strength Of Foreign Reserves

Saleh added, “In light of the strength of the foreign reserves supporting the Iraqi dinar, whose value as liquid foreign assets exceeds $100 billion, the official exchange market, as a general trend, will remain dominant in containing any noise with ambiguous information that is affected by the parallel exchange market in short periods, due to political events.” “International or regional emergency.” He stressed,

  “After the decline of the phenomenon of dollarization in internal transactions, especially in contracts, obligations and payments within the country since last year and its legal ban, the parallel exchange market has begun to have its general effects only on a narrow economic scope of prohibited transactions, practiced by informal markets and at a rate of 10 percent of Total supply and demand transactions for the currency.” 

He pointed out,   “The stability of the exchange rate of the dinar to the dollar that the country is witnessing, even in the secondary markets, is a real and well-established stability. Rather,

it is derived from the strength of the influence of the price and quantitative factors of the monetary and financial policies and their integration in imposing overall price stability in the country, and containing the inflationary expectations that it was causing.” Parallel exchange market forces over the past years.”  https://observeriraq.net/لكبح-جماح-الدولار-البنك-المركزي-يربك/      

"RV UPDATE" BY BRUCE, 17 JULY

Tues. 16 July 2024 Bruce:

  • Sources are talking of this going by Thurs. 18 July.
  • We should be notified to set appointments sometime between now and Thurs. 18 July.
  • Money is moving and Bond Holders are to receive email tomorrow Wed. 17 Julyfor access to their monies on Thurs. 18 July.
  • A strong contact in Iraq is in touch with high people in Erbil – that are saying the budget and rate will be published in  tomorrow’s Gazette Wed. 17 July.
  • Gesara is to be announced.
  • If you are a Zim or Currency Holder you should receive the R&R at the time of your exchange.
  • If you are not a currency holder you should receive your R&R by the end of July.

SEEDS OF WISDOM UPDATE, 17 JULY

 FIVE CENTRAL BANKS HAVE INTERCONNECTED THEIR INSTANT PAYMENT SYSTEMS


"Five central banks have interconnected their instant payment systems, creating a framework for faster and more affordable cross-border payments globally.

These include the central banks of India, Malaysia, the Philippines, Singapore, and Thailand."

CLICK THE LINK TO WATCH THE SHORT VIDEO- VERY INFORMATIVE

While watching the video remember that Ripple is a member of the BIS cross-border Payments interoperability and Extention (PIE) taskforce.

@ Newshounds News™

Read and See more:   Twitter

--

IRAQ RESUMES NEGOTIATIONS TO JOIN WTO

Baghdad (IraqiNews.com) – The Iraqi Minister of Trade, Atheer Al-Ghurairi, declared on Monday that discussions to join the World Trade Organization (WTO) had resumed after more than a 16-year break.

A statement issued by the Trade Ministry revealed that Iraqi negotiating teams began their preparatory meetings at the WTO’s headquarters in Geneva, Switzerland, in preparation for the third meeting that will discuss Iraq’s accession, the Iraqi News Agency (INA) reported.

During his participation in the 13th Ministerial Conference of the WTO held last February in the UAE capital, Abu Dhabi, Al-Ghurairi affirmed that Iraq fulfilled the conditions necessary to become a member of the WTO following the completion of economic reforms and the enhancement of the investment climate.

The Iraqi Trade Minister indicated that Baghdad finalized issues related to goods and services in accordance with the deadlines set for integration into the international trade system.

The Iraqi government expressed interest in joining the WTO after submitting a request to do so in 2004. Iraq needed to be a member of the multilateral international trade system in order to regain its place as a major player in the global economy.

In addition to debating the future of the global trade movement in light of current challenges, Al-Ghurairi said that the conference sends a strong message to the countries of the world about the value of joining this organization.

The Iraqi official added that Iraq is attempting to expand its commercial and economic connections around the world in order to create new opportunities for collaboration.

@ Newshounds News™

Read more:  Iraw News


The rise in the dollar exchange rate in Iraq.. What is its relationship to Baghdad Airport?, 17 July

 {Economic: Al Furat News} Today, Monday, the economic expert, Abdul Rahman Al-Shaikhli, revealed the reason for the rise in the dollar exchange rate in Iraq and its link to Baghdad International Airport.

Al-Shaikhli told {Euphrates News} that: “The rise in the dollar exchange rate remains subject to the behavior of the Central Bank and the extent of its responses to it, and the recent rise in the dollar came after the decision of the Central Bank of Iraq to transfer travelers’ operations to obtain dollars through Baghdad Airport exclusively.”


He explained, “The airport is not prepared to receive this large number of companies; there are about 1200 companies that sell dollars, and if they are limited to only 6 offices, it will be useless and the citizen will not be able to obtain dollars because we have gone through a previous experience of this kind.”


Al-Shaikhli added, “The Central Bank’s announcement of the suspension of transfers in the Chinese currency can be used in dollars, in addition to the continuous demand to deal with Iran in dollars, and this leads to a great momentum for the dollar.”
He added, “One of the problems is also the lack of an authorized spokesperson for the Central Bank to announce the procedures and results of the governor’s visits to Washington, as all statements are confused due to the absence of official information.”


The Central Bank of Iraq announced the new mechanism for travelers to receive foreign currency (dollars), which will be exclusively through the outlets of companies and banks at international airports, stressing that the goal of the new mechanism, which will enter into force on July 14, is to deliver the dollar to the real traveler and pass sound transactions, in addition to facilitating travelers’ access to the dollar more quickly.

 It is worth noting that the Central Bank decided to allow exchange companies to receive more than one share during the week, in order to achieve full response to travelers’ requests.
The selling and buying prices of the US dollar in Baghdad markets today with the closing of the main stock exchange came as follows:
The selling price is 149,750 dinars.
The buying price is 147,750 dinars for 100 dollars.

Raghad

https://alforatnews.iq/news/%D8%A5%D8%B1%D8%AA%D9%81%D8%A7%D8%B9-%D8%B3%D8%B9%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%85%D8%A7-%D8%B9%D9%84%D8%A7%D9%82%D8%AA%D9%87-%D8%A8%D9%85%D8%B7%D8%A7%D8%B1-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF%D8%9F


FRANK26….7-16-24……3…2….1….LIFT OFF !!!

"RV UPDATE" BY CLARE, 17 JULY

 Clare

  Article: "Iraq resumes negotiations to join WTO"  Quote:  "The Iraqi negotiating teams have begun their preparatory meetings at the headquarters of the World Trade Organization in Geneva, in preparation for the third meeting of the working group on Iraq's accession."

 Clare  

Article:  "Source: Iraq's Central Bank Governor in unannounced visit to US to discuss Yuan ban "  Quote:  "al-Allaq departed for Washington last Tuesday to meet with officials from the Federal Reserve and the US Treasury Department."

 Clare 

 Article: "For the first time, the Iraqi state's non-oil revenues record an increase of 11%

Quote: "...for the first time, the non-oil revenues of the Iraqi state recorded 11% of the total revenues, with oil revenues falling below the 90% barrier."

  Community Comment: "I don’t understand how the budget can be sent back to Parliament when the President signed and sent it to the Gazette for publishing." 

 Article:  "A representative of the framework: The 2024 budget will be returned to the House of Representatives and the reason is revealed”  

THE AMENDMENTS NEVER GOT PUBLISHED IN THE GAZETTE YET.

 Article: "Customs revenues amount to nearly one trillion dinars in the first half of 2024"

  Article:  "Foreign Minister arrives in Washington"  Quote:  "Foreign Minister Fuad Hussein arrived in Washington today, Wednesday, to participate in the 2024 NATO Summit."

https://dinarevaluation.blogspot.com/2024/07/rv-update-by-clare-14-july.html