Tuesday, October 22, 2024

TIDBITS FROM MARKZ, 22 OCT

 MarkZ  

 [via PDK]  “

Stability in dollar exchange rates in Baghdad, Basra and Erbil”  

Now that Erbil and the Kurdistan region is “playing ball” the stability of the rates are balancing.

 “Salaries will be delayed: Fundamental changes coming to the Iraqi money and financial system”   

Some are worried about the budget deficit. This is another reason we need the dinar value changed - to erase that.

Washington supports Iraq’s efforts to achieve comprehensive economic development”  

Whenever a country is about to revalue- you will see this lady (Alina Romanowski) being an ambassador there.  She had experience with Kuwait.

RAYREN98: SOME BANKS EXPECT SOME ACTION SOON @DINARREVALUATION

Iraqi Trade Bank opens a new branch in Baghdad, 22 OCT

 The Iraqi Trade Bank TBI opened, on Monday, its new branch located in Baghdad next to Al-Karkh in the Mansour area, which increases the number of its branches spread in the capital and the general governorates to 25 branches.

The useful summary.. In the important news, you will find it on the Al-Furat News channel on Telegram. To subscribe, click here

The official spokesman of the bank, Ahmed Saad Al-Khazraji, said in a statement received by {Al-Furat News}, that: “The management of the Iraqi Trade Bank is working to implement all the directives of Prime Minister Mohammed Shia Al-Sudani in developing all banking services provided to customers and increasing the number of bank branches in general in order to provide service and facilitate banking procedures and all requirements that meet the needs of the public.”

He added that “the Iraqi Bank for Trade is following steady and sober steps towards enhancing financial inclusion and supporting the Iraqi national economy by providing all financial and banking services that contribute to supporting commercial operations, which in turn will support the import of raw materials for various sectors, industrial, food and others, in addition to providing support and banking support for reconstruction processes, infrastructure development and various other sectors.”

The Bank stresed its full commitment to enhancing financial transparency and applying the corporate governance standards of banks, and providing innovative financial solutions that meet the needs of its customers from various sectors, in addition to seeking to promote investment and trade in Iraq and support development projects to contribute to achieving economic stability and sustainable growth.

https://alforatnews.iq/news/المصرف-العراقي-للتجارة-يفتتح-فرعاً-جديداً-في-بغداد

TIDBITS FROM FRANK26, 22 OCT

 Frank26 

  Article 140 census was done many many years ago and used to calculate the HCL.  They're doing the new census now because they're going to introduces a new rate.

 I think [US] banks are feeling a little bit more relaxed because I believe the meetings are preparing them for something because time is running short...I'm grateful for the attitude, the change in the atmosphere how things are coming about now.

REINALDO JC: "The Iraqi Govt already has the NEW Dinar rate" @DINARREVAL...

TIDBITS FROM MARKZ, 22 OCT

  MarkZ     [via PDK]  “ Stability in dollar exchange rates in Baghdad, Basra and Erbil ”    Now that Erbil and the Kurdistan region is “pla...