Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement received by the Iraqi News Agency (INA): "The governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market."
The governor of the Central Bank stressed - according to the statement - the need to make efforts to achieve fluidity and provide the best banking services to the bank's customers.
The governor pointed out that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market."
Notice President Trump talks about Iraq, the street of Hormuz, Taiwan, how well have a great Christmas and a new year and the Golden age! Lots of comms here.
Iraq update. ‼️
Leaked audio of CBI Governor Al-Alaq talking about smuggling $250,000,000 daily through remittance and the rise of the dollar.
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of course the CBI is denying this.
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Sudani and the factions in Iraq are moving towards crossing the goal line. Rockets were shot off in the streets of Baghdad last night. We're watching from now through Sunday to see how this all plays out.
Meanwhile, China deploys 90 Navy and Coast Guard ships near Taiwan. Sounds like Vietnam will benefit shortly from that. Hold onto your cryptos, especially XRP. Blackrock and Vanguard whales are trying to buy up the market share. Hold your position and don't allow them to intimidate you.
On the relationship: Stability of the exchange rate gradually eliminates the black market
The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, the provision of the best banking services to customers, while pointing out the opening of channels in foreign and Arab currencies that achieve stability in the exchange rate and gradually eliminate the black market.
The media advisor of the Trade Bank of Iraq, Aqil Al-Shuwaili, explained in a statement followed by Al-Masry that “the governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank’s efforts in expanding its customer base of importing merchants and the procedures for facilitating their transactions in a way that contributes to achieving stability in the exchange market.”
He added that "the Governor of the Central Bank stressed the need to exert efforts to achieve fluidity and provide the best banking services to the bank's customers," noting that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market.
The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services
Chairman of the Securities Commission Faisal Al-Haimas Stock Exchange Economy News – Baghdad The Securities Commission warned citizens, on Thursday, against dealing with fictitious companies that claim to provide online stock trading services.
A statement by the Authority, seen by Al-Eqtisad News, quoted its Chairman, Faisal Al-Haims, as saying, “These misleading companies that publish their advertisements on social media sites aim to exploit and deceive citizens.”
Al-Haimas called on "citizens to invest in the Iraqi Stock Exchange, where there is a safe investment environment and companies licensed by the Commission, subject to strict controls and laws set to protect investors and guarantee their rights."
He added, "The Iraq Stock Exchange includes reliable companies operating in various sectors, and provides promising investment opportunities. We invite everyone to visit the official website of the Securities Commission to verify the companies authorized to trade."
The Authority indicated that it "continues to monitor the market and take the necessary measures against illegal entities," stressing "the importance of being accurate and avoiding dealing with suspicious entities." 81 views Added 12/12/2024 https://economy-news.net/content.php?id=50806
We heard that the IQD was between $4 and $4.20 in Iraqi trade and that our rates in the RC will be much higher and yes, we will be offered the contract rate; and if you want to find out what it is, try to find out what the price per barrel is and you'll find out, and that's your rate and it's a contract rate.
What we heard most recently, this afternoon, is that we are going to have an incredible weekend. Now it's Thursday, we hear that it's Friday and that we will start on Saturday. Now we are hearing that the releases will be on Saturday for bond holders and for us at T4B, so not so much tomorrow,
but on Saturday and the Redemption Centers would be open on Sunday if we start on Saturday, but the main thing is to get those figures advance. This is a short way of saying that this is what we're hearing and WE'RE GOING TO HAVE A SUPER FANTASTIC WEEKEND.
Now, at the Redemption Center, the rates were on the screens and then they went off. It's called "digital sequencing," like bank transfers.
They are using Fintec to allow everything to go much faster and that is what they are doing and rates will go up again. There is no point in not using the R Center.
So believe Bruce: they exist and he has contacts who are the real leaders and are in charge of the staff working on the exchanges. And if you have two boxes or less, you should let them know when you call and they should have the Starlink system and this is capable of handling them for you.
So, it is quite different from currency. And Bruce has no idea how many bonds are in a box. So if you have loose-leaf bonuses, the big ones count too. When you call, they transfer you to the call center who will take care of you when you give them the zip code of your home or where you work or where you want to exchange.
So I'm sure we're ALL more than happy with tonight's information, AS LONG AS IT ALL COME TRUE THIS TIME. I MEAN SERIOUSLY, WE JUST NEED THIS TO HAPPEN AT ONCE SO THAT EVERYONE, NOT JUST THE SELECTED FEW, RECEIVE THIS HEAVENLY BLESSING. Definitely.
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That's how it is! We all really hope that this is the weekend we have been waiting for and that everyone is announcing...
Central banks are closing and going bankrupt.
The old financial systems are broken. Congress, the White House, the IRS, the Federal Reserve and the Federal Reserve are closed. American corporations are bankrupt.
Gold Backed Currency, Digital Assets, QFS, Nesara Gesara is Booming! ✨
QFS NESARA Gesara speaks. The Global/Galactic Alliance continues to work to eliminate the control the DS cabal has over humanity; They are currently removing the satanic spell on the global mass. The journey of the Great Awakening will be more intense and turbulent.
The Earth and humanity are under construction while businesses remain open. The DS, panicked, desperate and wounded, launch savage attacks.
Satanic energies can no longer be hidden because this is something that everyone can see throughout the matrix society.
True colors are being revealed. Many more unpleasant truths will be revealed to the public.
British Foreign Secretary David Lammy said on Thursday that he discussed with Prime Minister Mohammed Shia al-Sudani the key role of Iraq in ensuring regional stability.
“It is important to speak with the Iraqi Prime Minister,” Lamy said in a blog post on the X platform.
“We discussed Iraq’s key role in ensuring regional stability,” he added.
The Prime Minister’s Media Office announced in a statement that “Prime Minister Mohammed Shia al-Sudani received a phone call from British Foreign Secretary David Lammy, during which they discussed bilateral relations and ways to enhance them, developments in the region, and the repercussions of events on the Syrian scene.”
Speaker of the House of Representatives Mahmoud Al-Mashhadani expressed Iraq’s aspiration to enhance strategic cooperation with the United States and support economic projects.
This came during his reception on Wednesday, the US Undersecretary of State for Political Affairs and administration John Bass, and US Assistant Secretary of State for Middle East Affairs Barbara Lev. During a statement from the Mashhadani Bureau, they discussed ways to strengthen bilateral relations between Iraq and the United States in various political, security and economic fields,
as the meeting focused on the importance of strengthening parliamentary cooperation between the two sides, in addition to discussing joint cooperation projects that can contribute to achieving sustainable development in Iraq and supporting stability in the region.
They also reviewed the latest developments in the regional situation in Syria and developments in the Middle East in general, and stressed the need for continuous coordination and cooperation between Iraq and the United States to address the security and economic challenges that threaten the stability of the region.
During the meeting, Al-Mashhani expressed Iraq’s aspiration to enhance strategic cooperation and support economic projects that contribute to building Iraqi infrastructure and achieving economic stability and development.
The statement said that “the pivotal role of Iraq in achieving regional security and peace, and the importance of Iraq being a key axis in resolving regional conflicts, especially in Syria and neighboring countries, and stressing the need to preserve the territorial integrity of Syria,” the statement said.
For his part, John Bass stressed the commitment of the United States to strengthening the strategic partnership with Iraq and its support in the areas of counter-terrorism, achieving security and sustainable development, and praised the progress made by the Iraqi government in the field of political and economic reforms.
The Iraqi Dinar was $4 – $4.20 in-country Iraq and trading. Our rates will be much higher and yes, we will be offered the Contract Rate. If you want to find out what that is – try to find out what the price per barrel of Iraqi oil is and you find out that and that’s your Contract Rate.
We are hearing we will have an amazing weekend. Notification for Bond Holders and us in Tier4b will be on Sat. 14 Dec.
When you call you will be transferred to a Call Center that will be dealing with you. Your Exchange Center location is dependent on your Zip code or where you want to exchange.
Political researcher Ahmed Al-Yasiri predicted, on Friday (December 13, 2024), that major changes will take place in the Middle East region after Donald Trump assumes the presidency of the United States of America.
Al-Yasiri said in an interview with Baghdad Today, “Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality.”
He added, “According to this change, Iraq will witness internal events, some of which will be difficult and related to the security aspect of the weapons file outside the control of the state. Trump is planning to significantly limit these weapons as part of the policy of trimming Iran’s arms in the region.”
Trump will assume his duties as US President on January 20, and since winning the presidential elections, he has been making provocative statements from time to time about developments in the region, including that if the detainees in Gaza are not released before his inauguration, there will be “hell” in the Middle East, he said.
Chat owner Anticipating a critically important message from my banker at any moment between right now and this weekend, he is excited folks that we are at the end of the movie. 4 10:12 p. m.
Fri. 13 Dec. 2024 Jentel Iraq is doing RV in-country RV in Iraq right now. So many confirmations coming in that she can’t share. Antiquities are getting turned in now as well. She believes that bonds are moving now. We will see notificationsFri. 13 Dec,in the Gazette onSat. 14 Dec. It’s just taking longer to complete things behind the scenes.
Central Bank Governor: Opening external channels with foreign currencies to eliminate the black market
12/12/2024 Baghdad - WAA -
Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.
The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement received by the Iraqi News Agency (INA): "The governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market. "
The governor of the Central Bank stressed - according to the statement - the need to make efforts to achieve fluidity and provide the best banking services to the bank's customers.
The governor pointed out that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market." LINK
Article: "Iran Abandons Iraqi Factions: Does This Mean the End of Iranian Influence in Iraq? Iran disavows support for Iraqi factions: The end of Iranian influence?"
Quote: "In a move that sparked widespread controversy within Iraqi circles, the American website “Media Line” revealed that Iran informed the leaders of the Iraqi armed factions that it is unable to provide them with any kind of support if they are targeted inside Iraq.
These statements, which come at a sensitive time, open the door to questions about the future of the relationship between Iran and its allies in Iraq"
The Securities Commission warns against dealing with fictitious companies claiming to provide stock trading services
12/12/2024 Baghdad
The Securities Commission warned citizens, on Thursday, against dealing with fictitious companies that claim to provide online stock trading services.
A statement by the Authority, seen by Al-Eqtisad News, quoted its Chairman, Faisal Al-Haims, as saying, “These misleading companies that publish their advertisements on social media sites aim to exploit and deceive citizens.”
Al-Haimas called on "citizens to invest in the Iraqi Stock Exchange, where there is a safe investment environment and companies licensed by the Commission, subject to strict controls and laws set to protect investors and guarantee their rights.
"
He added, "The Iraq Stock Exchange includes reliable companies operating in various sectors, and provides promising investment opportunities. We invite everyone to visit the official website of the Securities Commission to verify the companies authorized to trade."
The Authority indicated that it "continues to monitor the market and take the necessary measures against illegal entities," stressing "the importance of being accurate and avoiding dealing with suspicious entities." LINK
He believes because of these rumors Sudani has something up his sleeve...
The CBI is the boss of the currency of Iraq.
Sudani is the owner of it. He wants to make sure it's distributed properly...
Sudani and the CBI can create an operational budget that does not have to be approved by parliament, therefor superseding the needed laws for Sudani and the budget.
Shafaq News / The US Undersecretary Of State For Middle East Affairs, John Bass, Confirmed On Wednesday That Washington Considers Iraq A Key Partner In The Middle East, And Consults With It On Developments In The Region, Stressing The Commitment Of The International Coalition To Protect Iraq’s Security And Sovereignty From Any External Threat.
Al-Hurra website stated that the Iraqi Prime Minister, Mohammed Shia Al-Sudani, received today a delegation from the US Department of State, headed by the Undersecretary of the Ministry for Political Affairs John Bass, and Assistant Minister of Foreign Affairs for Middle East Affairs Barbara Leif. During the meeting, they discussed bilateral relations between Iraq and the United States, and ways to strengthen and develop them.
It also stressed joint coordination regarding the situation in Syria, and the importance of a transitional phase that includes all parties, and preserves the rights of all components, in order to consolidate stability inside Syria.
The Prime Minister stressed that Iraq plays its role in communicating with brothers and friends to consult on the Syrian situation, and the importance of respecting the will of the Syrian people in determining their future.
For his part, Bass said that Iraq is a key partner in the region, stressing the importance of consulting with him on the developments of events, and expressed the commitment of the international coalition to protect Iraq’s security and sovereignty from any external threat.
Remember that the CBI tries to stay out of politics and adhere to a neutral stand to govern the monetary policy. We can only pray that this new process to begin at the end of 2024 will bring success for Iraq. But let me add also a question.
Why did the CBI decide to wait until the end of their fiscal year to do it? Hint,,,, Hint,,,, could it be under the direction of Dr Shabibi they also told us the most opportune time to conduct a substantial revaluation is at the beginning of a fiscal year?
Their fiscal year begins January 1st. Just saying. We have to put the pieces together to see why they are doing what they are doing. Also I then back up with my conversation I had just yesterday with my CBI contact that told me her committee to switch out the notes still intends to go forward with the process of deleting the zeros at this same time period also. Coincidental?
😊 Oh, but now let me bring you one more article today titled “AL-SUDANI: IRAQ IS A KEY MEMBER OF THE INTERNATIONAL COALITION” You definitely want to read this one. Now a member of an international coalition? Really? Do you realize just how amazing this news is?
In it Prime Minister and Commander-in-Chief of the Armed Forces, Mr. Mohammed Shia Al-Sudani, received today, Tuesday, Commander of the US Central Command, General Michael Kurilla, and his accompanying delegation.
In the meeting witnessed discussions on cooperation and coordination between Iraq and the international coalition in combating terrorism and confronting extremism.
The Prime Minister stressed that Iraq is a key member of this coalition and is committed to cooperating with the international coalition to confront and monitor terrorist groups in a way that preserves security and stability in the region.
So, what is this article telling us. It tells me that Iraq just jumped for a timid country hopeful for it’s survival through Chapter VII sanctions to a more powerful force in the middle east that just joined a military coalition NOW to help preserve security and stability in the region.
Opps there that security and stability once again. But this time to preserve it. Well, well you can preserve it if you don’t have it in the first place, right? Get it?
Do you see my point? Does this sound like a country that is going to stay with 1/6 of a penny dinar? For how much longer can they delay this next move? So once again I am saying to the CBI please don’t try to snow-job us investors any longer.
We must keep praying. So, if you never prayed before, please try to pray this time for Iraq and the sovereignty of their country and to overcome any obstacle preventing them from moving forward with their monetary policy. I include some help in how to pray too but you can pray in your own way.
Simply just talk to God and tell Him what you desire. Pray in the name of Jesus. Folks, even if you don’t believe in prayer or even God, what harm would it do to pray.
Folks, it could only help. Please give it a try. So far it is working and this has been the secret all along to the sudden progress we have seen in just the last 2 years. Some say but, but or but….and they go on to why the changes in policy have happened. But we must remember that God works through the physical world as this is where we live. He is not going to send down chariots pulled by four white stallions full of gold bullion and give it to us. This would be wonderful by it is not how He works.
With the participation of 80 companies.. Opening of the Iraq International Exhibition for Building and Construction
12/12/2024 Baghdad - WAA - Hassan Al-Fawaz
Baghdad Governor Abdul Mutalib Al-Alawi opened the Iraq International Exhibition for Construction, Building and Infrastructure today, Thursday, while pointing out that most of the participating companies are from the private sector, which is the main partner in the process of construction, reconstruction and development.
Baghdad Governor Abdul Mutalib Al-Alawi said during the opening of the Iraq International Exhibition for Construction, Building and Infrastructure to the Iraqi News Agency (INA): "Todaywe opened this exhibition, which contains materials involved in thefield of construction and reconstruction taking place in Iraq in generaland especially in the capital, Baghdad.
He added, "The products of these companies on display are made with the latest technologies and we are in dire need of them as Iraq is witnessing a major urban renaissance, in addition to the market's need for such products," noting that "most of the companies participating today are from the private sector, which is the main partner in the process of construction, reconstruction and development in general."
He explained that "these companies come to Baghdad and display their products, and they will have a share in the Iraqi market and contribute to development in all governorates."
For his part, the Assistant Director General of the Private Sector Development Department at the Ministry of Trade, Mohammed Hanoun, confirmed to the Iraqi News Agency (INA), that "Iraq is witnessing a major urban renaissance that requires international, Arab and Iraqi companies to participate in the process of construction, rehabilitation and reconstruction, as well as strengthening partnerships between the Iraqi and international private sectors and giving a realistic picture of what Iraq is witnessing in terms of reconstruction and building."
He pointed out that "international companies provide many construction materials that will in turn contribute to the construction process that Iraq is witnessing, noting that "this exhibition, in its third edition, is the largest in terms of the participating companies and the quality of the materials on display."
He added, "We aspire to achieve a partnership between the Iraqi and international private sectors, and for state institutions to benefit from this exhibition in a way that enhances development, construction, reconstruction and investment in Iraq." LINK
MZ: I have had many of my contacts let me know they cannot speak. A couple bond contacts told me the same thing after several meetings and phone calls they just had .
MZ: Today I had a contractor just do the same thing….which is very unusual. He did have a meeting about a new rate but cannot say anything. That made me feel good. I was waiting for that to happen. It doesn’t give me an idea on timing…but know it’s closer rather than further.
The Iraqi Parliament... Frustrates Iraqis and Causes Huge Financial Losses
The Iraqi parliament ended its second legislative session without being able to pass any of the pending controversial laws, despite extending its sessions for an additional month to try to resolve these sensitive issues.
At the forefront of these laws are the general amnesty, personal status, state real estate, and the vital amendment to the general budget law, which is seen as a renewed dilemma affecting the resumption of oil exports from the Kurdistan Region.
These issues reflect the deep-rooted differences between political parties, where factional, sectarian and national interests appear to be a solid barrier to any common understanding.
According to an informed political source speaking from Baghdad, “the delay in passing the laws was not due to the complexity of the texts as much as it was a direct result of party directives that prompted some representatives to deliberately miss sessions in order to disrupt the legal quorum.”
The source added that these directives are linked to what he called “rearranging political alliances” that precede any influential vote.
Citizen Ahmed Al-Saadi, an activist from Basra, commented in a Facebook post saying: “The House of Representatives lives in a parallel world; it discusses matters that concern its interests while the citizen suffers from crises in services and the economy. The budget is faltering, oil exports have stopped, and millions are being lost every day.”
A similar tweet on the X platform described the situation as “legislative chaos that reflects the collapse of the concept of the state in favor of the concept of class and party.”
The election of Mahmoud al-Mashhadani as the new speaker of parliament has sparked great controversy. Analysts have suggested that this change reflects an attempt to restore the image of the legislative institution, but the same analyses have not ruled out that the issue could turn into a mere change in names without achieving a fundamental change in performance.
Social researcher Ali Al-Jubouri said: “This election is like trying to treat a deep wound with a simple bandage. The problem lies in the quota structure that turns positions into fixed shares for parties and sects.”
On the other hand, obstructing the amendment related to the budget law will cause the state huge losses.
According to economic information published by a local financial institution, stopping oil exports from the Kurdistan Region costs Iraq more than $8 million per day, deepening the financial crisis for both the federal state and the region.
Kurdish citizen Saman Abdullah from Erbil spoke in a video clip he posted on Facebook, saying: “Political differences do not only harm Baghdad, but we in the region are paying the price directly. Employee salaries are delayed, and prices are rising without control.”
An analysis by economic expert Fadhel Al-Dulaimi explained that the crisis could become more complicated if it is not resolved in the coming months.
Al-Dulaimi said: “Without an agreement on the budget law and oil exports, the economic situation may explode, especially with the increase in debts and the decrease in cash reserves.”
The atmosphere inside the parliament is described as gloomy, according to what a citizen named Iman Al-Taie said on her X account, where she said: “The representatives are exchanging accusations via media platforms, while we have not seen any practical steps yet. Everyone blames everyone else, but it is the people who pay the price.”
Thus, the Iraqi parliament remains stuck in a vicious circle of disagreements, as its sessions turn into an arena for settling political scores instead of resolving crises. Analysts expect that this situation will continue as long as sectarian and nationalist quotas govern the state’s scene. link
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