Baghdad fails to control the dollar, and Washington puts pressure on Iraq economically due to its support for Palestine, 18 OCT

 Baghdad fails to control the dollar, and Washington puts pressure on Iraq economically due to its support for Palestine, 18 OCT

Baghdad fails to control the dollar and Washington puts pressure on Iraq economically due to its support for PalestineA member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said today, Tuesday, that the government of Prime Minister Muhammad Shiaa Al-Sudani has failed miserably to control the dollar exchange rate despite the plans and reforms that were prepared and launched in the past.

Al-Karaawi confirmed, in an exclusive interview with Al-Mutala’ Agency, that “previous measures and meetings that took place between the government, the governor of the Central Bank, and the owners of government banks regarding controlling the price of the dollar and not trading it internally were of no benefit,” indicating that the government failed to impose its control over the dollar. The stability of the dollar against the Iraqi dinar.”

He added, “The Prime Minister met yesterday with the concerned authorities, to discuss the non-implementation of reform packages related to the price of the dollar,” calling on “Al-Sudani to take effective solutions like those issued by the Central Bank to control the dollar at border crossings and customs taxes.”

The member of the Finance Committee pointed out that there are American political influences that exert pressure on Iraq to put pressure on it economically, regarding its support for the Palestinian cause and advocacy for the people of Gaza against the Zionist occupation,” stressing that “Iraq seeks to address that issue and put pressure on the US Federal Bank to provide amounts in dollars and at a specific time.” .

He continued by saying, “Iraq’s position on the Palestinian issue is firm and will not change, and we reject all Zionist crimes committed by the occupation against the Palestinians, and this is an irrevocable decision.”

almutalee.com

THE BIG CALL HIGHLIGHTS, 18 OCT

 Tues. 17 Oct. 2023 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#

On Mon. 16 Oct. they did five calls throughout the day for the Redemption Centers.

Redemption Centers would  (allegedly) receive emails between 10-11 am EST on Wed. 18 to tell them about notifications.

There was a possibility Tier4b could get notified on Wed. 18 Oct. and start appointments on Thurs. 19 Oct.

The Shotgun Start for everyone could begin within 12 hours of each other.

Bond Holders still do not have access to their funds.

Appointments will last approximately 30 min. each.

No Dollar ATM Withdrawal💣IQD = $3.81 VND = $.47?🤔Iraq Dinar RV Updates |...

Financial Conundrum in Kurdistan: Iraq and KRG Pledge to Find Solutions, 18 OCT

 Financial Conundrum in Kurdistan: Iraq and KRG Pledge to Find Solutions, 18 OCT

In the grand halls of the Iraqi Parliament, a meeting of fiscal minds unfolded with representatives from Iraq and the Kurdistan Regional Government (KRG) coming together to navigate the labyrinthine financial challenges of the Kurdistan region. The discussion, led by the Finance Committee of the Iraqi Parliament, featured a dialogue between KRG’s Finance Minister Awat Sheikh Janab and Iraq’s Finance Minister Taif Sami. The discourse, a dance between political subtleties and economic realities, was aimed at unraveling the knotty issue of delayed salaries and budgetary constraints of the Kurdistan region.

Unpaid Salaries: A Growing Concern

The meeting was a reflection of the financial anxieties brewing in the heart of Kurdistan. The Finance Committee voiced its concern about the delay in salary payments to the region’s employees, a problem that had been a thorn in the side of the region’s economic stability. The issue, they stressed, needed immediate attention to prevent further financial distress for the employees and to ensure the financial health of the region.

Transparency in Public Funds

As the meeting progressed, the issue of the Kurdistan budget came under scrutiny. The committee emphasized the need for transparency and accountability in managing public funds. The necessity of a budget that is efficiently and effectively allocated to meet the needs of the region was underscored, hinting at the need for better fiscal management practices.

The Promise of Cooperation

Kurdistan Regional Government’s Minister of Economy and Finance, Awat Sheikh Janab, acknowledging the financial hurdles that Kurdistan had to jump, assured the committee of the government’s commitment to tackle these challenges. Taif Sami, in a similar vein, expressed his support for the Kurdistan region, emphasizing the need for cooperation between the central and regional governments to navigate the financial storm. The meeting concluded with both sides pledging to work together to find a solution to the pressing financial issues, with the Finance Committee promising support and assistance to the regional government.

The meeting, while a positive step towards resolving the financial issues of the Kurdistan region, is merely the opening move in a complex chessboard of political and economic negotiations. The commitments made in the meeting will have to be translated into concrete actions, and only then will they result in a lasting solution to the financial challenges confronting the Kurdistan Region.

https://bnn.network/finance-nav/financial-conundrum-in-kurdistan-iraq-and-krg-pledge-to-find-solutions/

Iraqi dinar loses ground as US dollar surges in Baghdad and Erbil markets, 18 OCT

 Iraqi dinar loses ground as US dollar surges in Baghdad and Erbil markets, 18 OCT

Shafaq News/ The exchange rates of the US dollar against the Iraqi dinar saw a notable rise this Wednesday morning in Baghdad and Erbil, the capital of the Kurdistan Region.

Shafaq News Agency correspondent reported that at the opening of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, the dollar was trading at 160,100 dinars for every 100 dollars. This marked a significant increase from the previous day's rate of 158,800 dinars. 

In local markets, the selling prices reached 161,000 Iraqi dinars, while the purchasing price stood at 159,000 dinars for every 100 dollars.

In Erbil, the selling price rose to 160,700 dinars, while the purchase price settled at 160,600 dinars for every 100 dollars.

https://shafaq.com/en/Economy/Iraqi-dinar-loses-ground-as-US-dollar-surges-in-Baghdad-and-Erbil-markets

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

 Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: News saying within 2 months the dollar exchange rate will stabilize.

FRANK26: Remember they’re talking about November and December to get it done by January 1st.  That’s the time period I believe we’re going to see a change because that’s what they tell the Iraqi citizens…In order to stabilize the dollar exchange rate you’re going to increase the value of the Iraqi dinar.

This is the CBI Article Quote:
“The expectations of the Central Bank and specialist is that the exchange rate will return to a stable state but it requires time which we hope will not be long.”

Man I have read so many good things my mouth feels like sugar!  I feel like I have candy in my mouth, sugar cookies.  This is from the CBI.  This is them talking about the the exchange rate.  They tell you don’t believe the bull KaKa from those other guys…

I bought my dinars April 2004.  I paid $500 and something for a million dinars.   Good gosh I think it’s more than doubled now.  It’s almost tripled.  So I guess it was a good investment.  But that’s not what I’m in it for.  I’m in it for the long haul.  I don’t just want to get a first down I want to get a touchdown…

Iraqi Dinar Currency New Rate / Iraqi Dinar News Today / Iqd Dinar / Din...