Don’t be fried of talking the truth BY NADER FROM MID EAST

With huge profits.. a private bank “takes over” the currency auction and demands that the Central Bank reveal the fate of the remittances

 With huge profits.. a private bank “takes over” the currency auction and demands that the Central Bank reveal the fate of the remittances – Urgent

Today, Wednesday (October 11, 2023) , Representative Hussein Arab called on the Central Bank of Iraq to disclose the transfers of private banks participating in purchasing the dollar at the official rate from the bank in its daily auction.

Arab said in a televised statement followed by “Baghdad Today” that “the Central Bank of Iraq must announce the financial transfers,” noting that “the National Bank (of Jordan) controls 75% of these transfers and its daily transfers must be announced.”

He added, “This bank earns $3 million daily in commissions only,” noting that “for every million dollars these banks earn 100 million dinars, and they profit many times that by purchasing millions of dollars from the bank daily.”

Arab said, “I think that these banks hope that work will not be disrupted on Friday and Saturday, in order to stop the currency auction at the Central Bank and cause the loss of all these large profits.”

For days, the dollar has been recording an increase in the parallel market in Iraq, as the exchange rate exceeded the barrier of 1,600 dinars.

The economic expert, Ahmed Al-Tamimi, held “the continuous black transfers on a daily basis and in all Iraqi cities responsible for the rise in the exchange rate,” considering them “the basis of the crisis, and that the Central Bank is completely unable to find any solutions to these transfers despite its cooperation with the American side, and for this reason we expect that the dollar will “It will continue to rise over the next few days.”

The Central Bank took several measures and decisions to prevent the circulation of the dollar in local markets above the official price (1320), but to no avail, despite the fact that the only source of the dollar is the bank and despite the fact that those who take the dollar, which are private banks and exchange companies, are known to it, but it is unable to control them and oblige them not to leak the dollar. Through fake transfers, according to observers.

Earlier, independent MP Hadi Al-Salami confirmed, “The current failure in the US dollar issue is borne by all the Iraqi governments that have ruled the country since 2003 until now. The government of Muhammad Shiaa Al-Sudani has pledged to solve the crisis by establishing mechanisms that prevent the smuggling of hard currency, but it “You did not succeed in this file.”

Recently, the US government rejected a request for Iraq to obtain an amount of one billion dollars in cash from the Federal Reserve Bank, from Iraqi funds generated from oil revenues, due to its opposition to efforts to curb excessive circulation of the dollar and stop illicit cash flows to countries banned by the US Treasury.

The day before yesterday, Monday, the Parliamentary Finance Committee revealed its move to investigate the Jordan National Bank’s acquisition of 70% of the currency selling window in Iraq.

Committee member Moeen Al-Kazemi told Baghdad Al-Youm, “The Parliamentary Finance Committee will move to investigate the issue of the Jordan National Bank’s acquisition of 70% of the currency selling window, and we will work to host officials at the Central Bank in order to follow up on this file.”

Al-Kadhimi stated, “The government and the Central Bank are still working to launch reform packages in order to control the rise in dollar prices and end the difference in the dollar exchange rate in the parallel market, and the coming days may witness the launch of new reform packages.”

BY DINAR IRAQ & DONG VIETNAM

Coffee with MarkZ and Mr. Cottrell 10/13/2023

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ Friday  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

Member: Good morning Mark, Mr. C and family

Member: Happy Friday the 13th!!!

Member: 13 is my lucky number! Bring on the RV.

Member: I hear there will be an event today. Guess we should keep watch.

MZ: My Redemption Center folks are on call this weekend but not scheduled to work yet.

Member:  When this goes, my opinion is they will not schedule bankers to come in, they will come in on a call in.

MZ: A lot of Iraqi sources are claiming we will see a brand new Iraq on Sunday though. They have great expectations and many of them are pointing to Sunday. They believe peace will break out with an RV.(revaluation) 

MZ: It’s been quiet on every other front like CMKX and bonds. This is not a bad thing. 

Member: There has been absolutely nothing on CMKX on the Nevada DOJ site since April... crickets!

Member:  Militia Man is pointing to Monday-Iraq international

MZ: MilitiaMan is talking about that they have shut down international means of taking money in and out of Iraq. (Western Union and Zain) This is kinda like closing the financial borders there. I think this is a key indicator we are close to them pulling the trigger. At least that is what I hope and feel.

MZ: We saw similar things in Kuwait and we were told to expect this type of action in Iraq close to the finish line. 

MZ: MilitiaMan and his crew do a great job reporting on things we can track in the news. They are doing a great job. Be sure to go listen and support their channels. 

Member: Will BRICS nations be part of the RV?

MZ: it’s a world wide event…..

Member: Citizen bank just added wealth management to their website in NH. Drive through teller lanes closed because of new atm machine! Bank Teller told me ATM machine can do everything!

MZ: “Chinese officials urge calm after Evergrande fears reportedly spark small bank runs”  They continue to try to squash them as they pop up. “China banking scandal affecting thousands of people” 

MZ: Fundamentals tells us the world needs to do something soon. Things are imploding all around us. 

Member: WE THE PEOPLE wish you would hurry up and get us across the finish line

Member: Wish I could get excited about the news……but, I have what many calls "Boy who cried wolf syndrome"  Where gurus have called it so many times noone beleives anything anymore

Member: Maybe this is the time they will be right!

Member: The fun part will be seeing.... exactly who is going to get caught with their pants down when their fiat currency drops to zero value

Member: So many things happening at once! Like everything going through a funnel and we are getting closer to the spout, to be flushed out! And then……RV

Member: We are watching a turtle race….good news is we know our turtle will win. 

MZ: We are watching it happen….and yes it is just moving so slowly. Slowly, slowly then suddenly it’s going to go. BAM

Member:  Faith is the substance of things hoped for - the evidence of things not seen

Member:  I figured today would be the day. It isn’t over yet, though!

Member:  Heavenly Father -please let me keep my big mouth shut today and have patience, Amen

Member: MarkZ and Mods!!!! Thanks for all you’ll do!!!!!

Mr. Cottrell  and CBD Gurus join the stream today…Please listen to the replay for their opinions and information. 

“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

MARK’S TELEGRAM ROOM FOR WORLD NEWS EVENTS & CHAT? LINK: https://t.me/TrollingNews_telegram

THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics. 

Fluctuating US Dollar Rates in Iraq: A Tale of Two Cities, 13 oct

 Fluctuating US Dollar Rates in Iraq: A Tale of Two Cities, 13 oct

The US dollar, a significant barometer of global economic health, recently experienced slight fluctuations in its exchange rates in Iraq. As international observers watched anxiously, the dollar saw a decline in Baghdad and a rise in Erbil, reflecting the complex economic dynamics of the country and the broader region.

Decline in Baghdad

The closure of stock exchanges in Baghdad led to a decrease in the dollar prices. The selling price plummeted to 160,150 Iraqi dinars against 100 dollars. This decline can be attributed to a confluence of factors, including the closure of stock exchanges, which disrupted the smooth flow of transactions. However, the precise reasons behind this decrease remain shrouded in economic complexities and are a subject of ongoing analysis.

Rise in Erbil

Contrary to the trend in Baghdad, Erbil saw an ascent in the value of the US dollar. The selling price escalated to 160,650 dinars for every 100 dollars. The reasons for this increase are as varied and complex as the city itself, which serves as the capital of the Kurdistan Region in northern Iraq and is an important economic hub.

Impact on Local Markets

These fluctuations in currency exchange rates are not just numbers on a screen; they have tangible impacts on local markets and everyday life in Iraq. For instance, a stronger dollar can make imports cheaper, but it can also make it harder for local businesses to compete. Conversely, a weaker dollar can make exports more competitive but can increase the cost of importing goods and services.

Future Implications

The future ramifications of these currency fluctuations are yet to unfold fully. However, they are likely to impact stakeholders ranging from local businesses to international investors. As the global economy continues to grapple with uncertainty, the fluctuations in the US dollar exchange rates in Iraq serve as a stark reminder of the intricate interconnections within the global economic system.

"RV UPDATE" BY FRANK26, 13 OCT

 Frank26 

 Article "What is the relationship of the US Federal Reserve to the federal budget?"  Quote "The Federal Reserves are still in control of the financial budget...he says the matter will end in two weeks."  Two weeks?  That's the third time I hear two weeks.  Sunday when they were at the banks, Monday when they gave us the report and then today...The article  is saying within 2 weeks the problem they've been having with their money...  

[Kurdistan boots-on-the-ground report]SUPERGIRL:  Yes, I'm waiting to go back in...I'm sorry I'm just overly excited...I went to the ATM 30 minutes ago to get cash, I went into the grocery store to ask them if they own the ATM.  He said no.  I said I tried getting USD out and it won't let me.  He said it no longer will give you USD.  I said why?  He said because the currency rate just went up.  When did that happen?  Two days ago.  I said are you serious.  He said yes.

  I got some things for the week and it came out to $80 but he cannot accept USD so it's going to be more...I said how much more?  He said a lot more.  He told me $100 USD is probably $180.  FRANK:  These changes are occurring internally.  They're not advertising it.  Forex wants to get a hold of this but the CBI is not allowing it just yet.  They are still cleaning the terrorist activities...You try to get American dollars and they say no...They tell you to wait because the value is about to go up not of the American dollar but of the Iraqi dinar.  SUPERGIRL:  Yes.  He said it happened two days ago here in country.

Middle East Crisis Unleashes Economic Shockwaves Worldwide

KRG confirms commitment to CBI measures, 13 OCT

 KRG confirms commitment to CBI measures, 13 OCT

Shafaq News / The Kurdistan Regional Government (KRG) affirmed its commitment on Wednesday to abide by any measures taken by the Central Bank of Iraq regarding the dollar. Speaking at a press conference, KRG government spokesperson Peshwa Horami stated, "Regarding salary matters, the funds sent to the region are allocated for unpaid months, and for the remaining months, we will negotiate with Baghdad. There is openness and good understanding with the federal government, especially with Prime Minister Mohammed Shia Al-Sudani."

He added, "As for the dollar issue, it pertains to the Central Bank, and any action taken by the Central Bank will be adhered to by the Kurdistan Regional Government." Regarding the issue of provincial councils, Horami emphasized, "These councils in the Kurdistan Region continue their work."

Addressing the reform within the Peshmerga Ministry, Horami said, "Prime Minister Masrour Barzani has always been enthusiastic about expediting the reform process within the ministry. We urge the entities that have influence in the Peshmerga forces to step forward to accelerate this process."

Regarding the strike of the region's employees, Horami noted, "The regional government has fulfilled its role in demanding salaries and employees' rights, similar to other regions in Iraq. The denied rights of the employees do not lie with the regional government."

He pointed out that "the halt in oil exports from the region has affected everyone, and the obstacle to resuming exports is the oil production costs estimated at $6 per barrel. However, the oil production in several refineries in the region exceeds this amount."