Monday, September 18, 2023
Coffee with MarkZ 09/18/2023
"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.
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
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
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
Kurds question Iraq census results, demand 1957 data verification, 23 NOV
Kurds question Iraq census results, demand 1957 data verification Shafaq News/ Concerns are mounting over the results of Iraq’s general popu...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...