Tuesday, October 17, 2023
The Central Bank denies “information” issuing a new category of local currency, 16 OCT
The Central Bank denies “information” issuing a new category of local currency
The Central Bank of Iraq has denied any intention to issue new currency during the current period, whether in small or large denominations.
According to a statement by Ahmed Barihi, a member of the Central Bank of Iraq’s Board of Directors, there is no truth to the rumors circulating about the Central Bank of Iraq issuing a new currency.
According to Berihi, introducing a new currency denomination, whether small or large, will not impact the exchange rate of the US Dollar against the Iraqi Dinar. Its purpose would be to facilitate and ease transactions within the local market.
A member of the Board of Directors of the Central Bank of Iraq stated that the Iraqi currency is stable and the current denominations are adequate.
Representative Nermin Maarouf, a member of the Parliamentary Finance Committee, recently disclosed that the committee will meet with the Governor of the Central Bank to discuss the feasibility and rationale behind the decision to issue a new denomination of 20,000 dinars. They will also discuss the financial value of this denomination and other details related to its expected issuance. The meeting is expected to provide clarity on the matter. The statement was made on 25 AD.
Monday, October 16, 2023
KRG to collect customs fees in Iraqi dinar exclusively, 17 OCT
KRG to collect customs fees in Iraqi dinar exclusively, 17 OCT
Shafaq News/ The Kurdistan Regional Government (KRG) on Monday announced that customs fees at border crossings will only be accepted in Iraqi dinar in lieu of the US dollar.
The announcement was made public by an official press release issued by the KRG's Department of Media and Information earlier today.
The statement noted that all ministries are required to implement this decision, and any violations will be subject to legal action.
All-Maliki issues a warning to Israel and Its allies, calls for aid delivery to Gaza, 16 OCT
All-Maliki issues a warning to Israel and Its allies, calls for aid delivery to Gaza, 16 OCT
Shafaq News/ Nouri al-Maliki, head of the State of Law alliance, on Monday warned Israel and its allies of the reaction of Arab and Islamic people to the situation Palestinians are facing in Gaza, and called for opening the borders to ensure the delivery of humanitarian aid to the people there.
Al-Maliki, according to a press release by his bureau, received the European Union Ambassador to Iraq, Thomas Seiler, earlier today.
During the meeting, they discussed the prospects of Iraq's relations with European Union countries and the need to strengthen them in various fields. They also discussed the ongoing events in occupied Palestine and the blockade imposed on Gaza by the Israeli forces.
Al-Maliki called on the European Union to play a role in de-escalating the situation in Palestinian territories and condemning the massacres committed by Israel against the Palestinian people.
He also warned Israel and its allies of the potential "anger of Arab and Islamic people" if violations, provocations, and escalations against the Palestinian people continue.
He called for facilitating the delivery of food supplies and relief aid to Gaza and ending the blockade imposed by Israel on the Palestinian people. He expressed Iraq's rejection for the forced displacement of Gaza residents, a demand made by the Israeli occupation forces.
Ambassador Thomas Seiler expressed the European Union's desire to expand cooperation with Iraq and hoped for the reduction of conflicts and the enhancement of stability throughout the Middle East.
Evening News with MarkZ 10/16/2023
Monday Evening News with MarkZ
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 Evening all…..
Member: Hello everyone!!!! Are we ready for this to happen ??????
MZ: First I want to disprove groups receiving any dollars guys. I reached out to everybody in those different groups and nobody has received dollars yet….So, I find it doubtful that dollars are moving yet.
MZ: But, I can confirm that a number of banks are ready…even non redeeming ones. They are seeing lots of rates and rate changes with holds on them . They have been prepped and a number of bank presidents…even on smaller banks…. have commented they know it’s coming. They are telling them they have to wait until they get the “go ahead” .
MZ: A certain regional bank president told me that they expect to be able to exchange within this week. That is hopeful…and I am hopeful this is accurate. This is the best rumor I have gotten so far today. The rest of my banking contacts say they are “on notice” and feel it could happen at any time….any hour…or any minute. And they are prepared for this.
Member: my bank told me a few weeks ago that the QFS is already established in their bank. The teller told me that. she was adamant about it too and a lot of changes are coming.
Member: I just got off the phone with a VP with WF Wealth Management & Investment division….They are fully aware of everything going on. .
MZ: they are .
Member: Mark-any idea how many countries have applied to be part of BRICS?
MZ: The rumor is 44 officially but 60 that are working with BRICS. And Iraq is talking with them as well.
Membr: In my opinion Iraq will officially join BRICS by Jan 1st.
MZ: I agree with you….I think its coming sooner than later.
MZ: “ Iraq ready to join BRICS after banning cash withdrawals in US dollars” This is dated Oct 13th.
MZ: “Unpacking illegal sanctions on the Zim” Dated yesterday…about the US sanctions that have been placed on them. The whole world is waking up to the bully that the US has been on the financial front. They have weaponized the SWIFT system and the US dollar. No SWIFT is no longer Zimbabwe’s only option….
MZ: fast forward “ Breaking news” A Zimbabwe single currency is now on track” They are talking about a gold backed digital coin ….this article came out yesterday. One of the key things we have been told is all currencies will need to be sovereign…and based on a certain basket of goods. This is a big indicator for Zimbabwe.
MZ: “US to ease sanctions on Venezuelan oil” This will be big for the Venezuelan people…. To me this is confirmation that the Venezuelan Bolivar will be in the first basket.
Member: US Debt clock is showing new Millionaires every minute or so.
Member: if the white hats are in control of the US treasury …why the hold up on the RV?
MZ: That’s why I still think there is a battle going on and the white hats are not fully in control…But that is just my opinion. I could be wrong.
Member: Thanks Mark and mods for all your time …See everyone in the AM for hopefully big news.
Member: Turn out the lights ..the party's over.... Gnight
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
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.
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!
Parliament hosts CBI governor following soaring Dollar rates, 16 OCT
Parliament hosts CBI governor following soaring Dollar rates, 16 OCT
Shafaq News / The parliamentary Financial Committee announced on Monday its intention to host the Governor of the Central Bank of Iraq, Ali Al-Alaq, and the bank's top executives in the coming days.
Committee member Mustafa Al-Karaawi informed Shafaq News Agency that this week, "the committee will host Central Bank Governor Ali Al-Alaq and the bank's executives to investigate the reasons behind the erratic movements in the exchange rate of the US Dollar in the parallel market, and to identify the responsible entities for implementing the reform measures initiated by the Central Bank."
Al-Karaawi pointed out that the instability in the Dollar exchange rate has caused significant economic problems, lamenting the absence of a clear policy from the Central Bank. He stressed that it is the government's responsibility to implement the reforms outlined by the bank, emphasizing the shared responsibility between the Central Bank, governmental bodies, and particularly those involved in imports and customs checkpoints to control the exchange rate.
"The discussion with the Central Bank Governor will delve into the economic crisis, the fluctuations in the Dollar exchange rate, and the agreements made by the bank with the US Federal Reserve and the World Bank," Al-Karaawi added.
The Iraqi Dinar has witnessed a consistent and alarming surge against the US Dollar over several months, reaching its peak this month at an astonishing 1655 Dinars to the Dollar, despite the government and the Central Bank officially setting the exchange rate at 1320 Dinars for one US Dollar.
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 16 OCT
Frank26 (KTFA)
[Iraq boots-on-the-ground report]
FIREFLY: News saying within 2 months the dollar exchange rate will stabilize.
FRANK: Inside the next 2 months it’s highly possible we’ll see a new exchange rate. That’s the only thing that can stabilize it because a program rate unstabilizes it. This is as simple as I can put it. I’m not exaggerating. I’m not adding to it. This is for real.
January 1st, no more USDs [In Iraq].
But that’s only the final day of USD removal. It has nothing to do with the monetary reform.
[Boots on the ground update]
SUPERGIRL'S REPORT [From last week]
Quote "We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks."
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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...