"RV UPDATE" BY MARKZ, 18 SEPT

 MarkZ  

 [via PDK]  Question:  Fact or fiction…some dinar sellers are being told they can no longer sell?  MarkZ answer:  Fact. Some of the smaller dealers have had their supply and purchasing limited as to what they can buy at all…yes…I have talked to a couple of smaller dealers that have had their access cut off so they can no longer get it. They can no longer get dinar. So, is this important or is this the US stopping dinar from getting outside and flowing to Iran?

Member Comment:  I am hearing Tuesday is our day.   MarkZ:  That timing certainly fits. We are also expecting an announcement from the Iraqi officials here in the states at that same time. 

Most of the news we are expecting should start tomorrow or Monday coming out of Iraq... we are expecting a lot of activity tomorrow and Monday.

 Well…this surprised me, but I got it from 3 different sources that they are (with hopeful anticipation) keeping a skeleton crew in call centers/ redemption centers and working on how they are going to handle appointments... I think this is good news. I think it's comforting that the banking side of this is taking it seriously and has a small crew ready - just in case they pull the trigger.

Question:  Do we know why Iraqi delegates are coming to DC on Sun-Tues??  MarkZ answer:   I believe it is for an announcement that will make us all very happy.   At least we sure hope so.

Vietnamese Dong Value / Vietnamese Dong Update / vietnam Dong Exchange R...

Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar, 18 SEPT

 Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar

9-17-2023

Al-Bayati - Iraq has its options to deal with currencies alternative to the dollarInformation / Baghdad…

Former MP Jassem Al-Bayati confirmed on Sunday that Iraq has alternative currencies that can be agreed upon with the US Treasury to deal with in the event of sanctions being imposed on some banks.

Al-Bayati told Al-Maalouma, “The visit of the US Treasury delegation to Baghdad comes in preparation for the visit of a delegation from Baghdad to Washington, where some points were set by the Central Bank regarding alternatives to the dollar, such as the euro, the UAE riyal, and the Chinese yen.”

He added, “The US Treasury’s acceptance of the aforementioned alternatives will be a positive factor for Iraq,” noting that “there is a fear of imposing restrictions and severing the relationship in dealing in the dollar currency with some Iraqi banks.”

He stated that “the restrictions that the US Treasury may impose on some banks will allow them to deal in other currencies if this is agreed upon, and it is unlikely that sanctions will be imposed. If this existed, it would be announced explicitly, and in the end.”

almaalomah.me

Deputy: The Continued Rise In The Exchange Rate Of The Dollar Against The Dinar Requires Serious Government Measures, 18 SEPT

 Deputy: The Continued Rise In The Exchange Rate Of The Dollar Against The Dinar Requires Serious Government Measures, 18 SEPT

Economy  11:16 - 2023-09-18  Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, confirmed that the continued rise in the exchange rate of the dollar against the dinar requires real government measures.

Al-Karaawi said in a press interview, “The US Treasury Department’s imposition of new sanctions on Iraqi banks means that Iraqi banks have not adhered to the instructions,” warning of “major economic repercussions that the Iraqi financial market will witness, due to the United States imposing sanctions on a number of banks, including a rise in... Dollar exchange rate.

He added, “The rise in the dollar exchange rate will not stop, and there will be a gradual rise every day, and this matter requires a real government stance and measures to address this matter,” noting that “the issue may turn into a monetary crisis like the one that occurred during the past months with the beginning of the formation of the new government.” This matter requires an Iraqi diplomatic movement towards the US Treasury and the US Federal Reserve.”

The representative pointed out that “the Finance Committee will work to host the figures and responsible authorities in the Central Bank to discuss the repercussions of the crisis and to find out what the bank’s measures are to confront the significant rise in the exchange rate in the local market.”

The dollar exchange rates continued to rise on the black market, as the exchange rate reached 158,250 dinars per 100 dollars.    https://kirkuktv.net/AR/Details/17453

Iraqi Dinar Rv News 2023 / Iraqi Dinar News Today / Iqd Dinar / Dinar Ne...

An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasury, 18 SEPT

 An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasury

9-17-2023

An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasuryInformation / Baghdad…

Economic affairs researcher Hisham Al-Baydani confirmed on Sunday the possibility of taking steps by the Iraqi government in order to avoid banks falling into the trap of the US Treasury, especially with regard to the sanctions it imposes from time to time on some banks.

Al-Baydani told Al-Maalouma, “Iraq has reserves of more than 100 billion dollars in the United States of America, and this matter necessitates the government to strengthen the country’s sovereignty over private banks, which number more than 70 private banks.”

He added, “The government’s measures could block the way for America to impose any new sanctions, after it had previously imposed sanctions on 14 banks that caused a scarcity of dollar supply in the local market, which still deals with financial liquidity in ways that are far from modern.”

He pointed out the importance of the Central Bank imposing binding conditions for the development of banking work, in order to avoid any imposition of American guardianship through money laundering accusations.

almaalomah.me

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 18 SEPT

 Frank26 (KTFA)

Why would Iran be at the CBI governor’s office dealing with international issues?  I think you know why.  They can’t steal anymore.  The floor is spotless.  It’s dinner time.  Something is about to happen.

[CBI put out a RFP-Request for Proposal tender]

SHANGDODDLE: It appears to be the government of Iraq is seeking contractor bids for the purchase of machines used to count, sort and packet currency. IMO that would be for the new currency in the lower denominations in the new small category notes…

FRANK: This is fantastic.  Then an article comes out and says, “This tender will be accomplished by October 22, 2023“. October 22nd is simply the time limit parameters of this tender…You think it’s going to take until October the 22nd?   No.

[Iraq boots-on-the-ground report]

FIREFLY: Sudani said he’s not worried about the parallel black market. They have a mechanism which is about to be implemented that will down the dollar and make the dinar strongest.

FRANK: WHAT!?!…Good God almighty…Holy guacamole!