The Dollar Continues To Storm Iraqi Markets, And Many Solutions Are In Vain
Economy 2023/11/05 Number of readings : 216 Baghdad - Iraq Today: With the return of the rise in dollar prices, popular dissatisfaction and anger are renewed, especially by poor citizens, after the possibility of a stifling economic crisis, which will cause great harm to their miserable living conditions.
The economic expert, Bassem Antoine, said in a press interview, “Economic reforms, in light of the rise in the price of the dollar against the Iraqi dinar, need a long time to complete what the current government seeks, by untying the dollar knot and ending the major crisis.”
He added, "Iraq needs to develop the economy in a way that is different from before, especially with regard to the agricultural, commercial, and tourism sectors," noting that "activating these sectors will contribute greatly to reducing poverty and unemployment rates, and increase the strength of the country's economy, which will strengthen the value of the Iraqi dinar." . LINK
Article: "PARLIAMENTARY FINANCE: WE RENEW OUR SUPPORT FOR THE CENTRAL BANK’S MEASURES TO CONTROL THE EXCHANGE RATE" Article quote: "Al-Atwani denied “the news circulating that there is a tendency to dismiss the governor of the Central Bank." Nice to see that it was just more rumors...He is an intelligent, patriotic and most important wants the RV as much as we do.
...We can see many events in-line with January 2024 . I want to bring you up to date on my latest conversation with my CBI contact... It was told to me that the re-education campaign is still going forward but not yet rolled out as of yet. There is talk in the CBI it may be postponed due to the Gaza strip conflict, but no action or direction has been given to signify this as of yet...
...in the news is yet more de-dollarization efforts as they convert the remaining of the border crossing stations all to “all dinars” only for custom fees. The Parliamentary Finance Committee renewed on Tuesday, its support for the Central Bank’s measures to control the exchange rate and address any obstacles...we learned that the new government of Al-Sudani made promises in his administrations curriculum to bring back the dinar stronger than the dollar. Is this why he has openly in public stated the dinar is already stronger than the dollar? Well then…where is it? As investors we wait for it.
A Representative Answers “Baghdad Today”: Why Did Government Measures Fail Against The Green Currency?
Economy |Baghdad today – Baghdad Independent MP Hadi Al-Salami confirmed today, Sunday (November 5, 2023), the failure of government measures to confront the “dollar mafias,” while renewing the demand to change the governor of the Central Bank, Ali Al-Alaq.
Al-Salami told “Baghdad Today” that “the dollar mafias that control the parallel market are still manipulating exchange rates despite all government measures, and this confirms the failure of those measures, as they are patchwork measures and do not contain any real reform measure.”
He added, "We are still demanding and working according to the constitutional powers granted to us in order to change the Governor of the Central Bank, Ali Al-Alaq, as he failed in the task of controlling the dollar exchange rate. Indeed, the dollar is constantly rising and the bank has lost control of that."
Today, Sunday (November 5, 2023), the dollar exchange rates witnessed a significant jump, exceeding 163 per hundred dollars in local markets in the capital, Baghdad.
The "Baghdad Today" correspondent said, "The selling price of the dollar in exchange offices in Baghdad today reached 164,250 dinars for every 100 dollars."
He added, "The purchase price reached 162,250 dinars for every 100 dollars."
On (November 2, 2023), a member of the Parliamentary Finance Committee, Jamal Kujar, revealed that a group of mafias and influential people controlled the dollar exchange rate through a “WhatsApp group.”
Cougar indicated in a televised interview followed by “Baghdad Today” that “there is a (group) on WhatsApp run by a group of influential people or mafias who control the exchange rate of the dollar in the parallel market,” calling on the security services from the intelligence and national security to intervene and follow up on the matter.”
A member of the Parliamentary Finance Committee confirmed that “personalities working in the stock exchanges referred to this (group) and demanded that the matter be conveyed to the relevant authorities to take urgent measures.”
On (last October 8), the expert in banking affairs, Ahmed Al-Tamimi, criticized the Iraqi Banks Association for not taking any position on what some private banks are working on to acquire the dollar illegally .
Al-Tamimi told "Baghdad Today", "Some private banks are working to illegally seize the dollar. They take the share of the traveling citizen and do not give it to him. Also, some banks refuse to hand over to the citizens the remittances that reach them in dollars, and all of this violates the law."
The expert in banking affairs stated that “the Iraqi Banks Association bears a large part of the illegal behavior that is happening in some private banks, especially since it has not yet taken any role from those banks. Rather, it remains silent and tries to evade its role in following up on the work of those banks.” ".
Meanwhile, economic expert Sarhank Hussein earlier accused the Association of Private Banks of being behind the rise in dollar exchange rates in the parallel (black) markets .
Hussein told "Baghdad Today", "The process of buying the dollar with cards by merchants and giving it to private banks is behind the rise in the dollar exchange rate again." LINK
The Sudanese advisor determines a set of procedures to monitor trends in the management of public funds
Baghdad,
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed today, Sunday, the government’s work to reorganize and unify accounts in government institutions, while indicating that adopting electronic collection and payment will help unify the unified treasury system.
Saleh said, “The state’s public finances are working in high harmony with the government program, to reorganize, compile, and unify the accounts of spending or disbursement units in all ministries, regions, and governorates, from the state of dispersion in the past to the state of integration and integration with an interconnected aggregate accounting system, within the government accounts within the banking system.” Pointing out that it is “a proactive step towards achieving the single unified account for the treasury, or what is called the Treasury Single Account (TSA).”
Saleh added, “This step also aims to monitor financial transactions, flows, and existing government cash balances, moment by moment, in preparation for the next stage, which requires completing the complete electronic link between disbursement or public spending units, with a digital system called (ifmis), which means management system.”
Integrated Information Finance, which is the final advanced stage required by the unified treasury account system, is currently being worked on intensively and diligently by the Financial Authority.”
He explained, “Adopting electronic collection and payment systems will help unify the unified treasury system, specifically in the field of digital cash flows related to collection and electronic payment, so that digital financial activities are immediately integrated with the unified collective government bank accounts.”
Saleh continued: “This will add a source of organizational strength and speed that will bring the unified treasury account closer to its role towards faster integration into the digital climate and electronic payment systems, which have taken their positive role in organizing, speeding and governing cash flows, in order to know the cash presence of public finances clearly and daily, in addition to To facilitate the activity of financial control over trends in the management of public funds.” LINK
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Monday 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, mods & patriots!
Member: Good morning MZ! Hoping this is the week that starts the early retirement ball rolling.
MZ: Seems that things appear to be heating up…..so many rumors. Let talk about it.
Member: rumors, rumors…. just the facts ma'am…lol
Member: Phil G said we're at the end. Revalue rates have been set worldwide.Nesara may be starting?
Member: Phil G said RV and NESARA started yesterday morning. November 5th 2023!
MZ: Can we confirm Nesara started? No we cannot. But we are seeing interesting things with peoples personal credit scores and things being removed from them over the weekend]….could it be a pre-curser?
MZ: I am hearing that it has happened…but have not been able to confirm it in the real world. .
MZ: I am hearing banking side is expected to start Tuesday….and we should get some huge announcements. …So, I am hearing this but we cannot track it in the real world. But I am hearing it from many different sources. I am definently hearing this is it.
MZ: Taking this news with a huge grain of salt……just to be safe and manage my expectations.
MZ: A number of bankers expect liquidity to start Tuesday . Bond folks are hearing similar timing. Sources from every different direction are calling for it this week.
Member: I really believe something happened Nov1 and our main financial Gurus know something they CANNOT share with us!
Member: Bank story: I had a client yesterday who works in Bank of America wealth management. I asked her if she knew anything about the RV. She said YES and we are ready for it.
Member: A fifth bank shut down this weekend (on Daily Hodl). Iowa Citizen regional bank closed branches. 59 mil in deposit losses. Wow
MZ: “Military Official blows whistle-Big banks about to collapse –“ This is according to a podcast. He says there is about to be a major closure of all US banks which will last for up to 3 weeks. From a Colonel McGregor.
MZ: Why Do I mention this…I’m not trying to fear monger.…In the original plan –They said banks closing and martial law would last about 2-3 weeks. And during that time we would all exchange and reboot the banking system. I find it interesting that more and more people are looking at a 2-3 week shutdown. If we are prepared this will not be scary. Be sure to stock up on groceries in case it does happen….If it doesn’t…well you are still prepared if anything bad hits.
MZ: In Iraq: “Al Kazemi blames the US Fed Reserve for the rise in the dollar” Saying the US is playing games. And he is blaming the US Federal Reserve.
MZ: “$40,000,000,000 in unrealized losses hit JP Morgan Chase as Bank of America, Wells Fargo and Citigroup face exposure to US Treasuries report” China is selling them off and banks are taking it on the chin.
MZ: “Citigroup considering at least 10% job cuts in major businesses-CNBC” They are feeling the crunch and not making any money. Contrary to what Janet Yellen and Gerome Powell tells you.
MZ: “ BRUCS: What happens if Saudi Arabia ditches US dollar for oil? If they do not use the USD to buy oil……We will have trillions in US treasuries rushing back to the US economy. And causing hyperinflation and a crash.
Member: I just saw that Friday is the observed day for Veteran’s Day… there’s our 3 day weekend!!!!
Member: November is a great time to RV! Thanksgiving blessings!!
MZ: If just 1% of the rumors are true right now….we may be at the banks this week…imo
Member: Thanks Mark and mods…see you all tonight
CBD Gurus join the stream at the end.
“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
FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
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.
Countries of the BRICS Alliance were soon activating their gold/asset-backed currencies as a result of the demise of the privately owned fiat US Federal Reserve Dollar and their quest for Global financial stability. This would cut off the Vatican’s Khazarian Mafia’s US Inc. money supply – which would mean an end to the Bank of International Settlements (BIS or Central Banks), UN, European Crown (EU) and Vatican – and reason why banks all over the World were failing this coming week, including the Deep State owned Central Banks.
If you were reading this Updateon, or from Operation Disclosure Official, be aware that the information has been redacted. For a complete un-redacted version, see a PDF copy at the end of the Update on Operation Disclosure Official, or read an un-redacted version on the Rumor Mill Website.
Global Currency Reset:
Sun. 5 Nov. Texas Snake: “I received the call this morning. We should see our messages within a matter of days this week. (Later on Sunday) I have even more confirmation regarding this being our week. My confirmation could come any time before Tues. so please remain alert.”
Sat. 4 Nov. TNT RayRen98: CBI to make some kind of an announcement tomorrow Sun 5 Nov. Zain Card to be reactivated.
Mark Z bank story: In Scottsdale [Arizona] there is a TruWest Credit Union ATM in the facility. A rep comes to service the machine. This person [name withheld by Mark] who works in the building is familiar with this ATM repairperson and asks him, “When are you bringing the new money for the machine?” He smiles and says, “Not yet.” So the person asks, “In December?” He replies that he doesn’t know when, but soon. Mark: In other words, they have already started the preparation process for these banks and the ATMs. And getting someone admitting in real life that they are preparing for it… To me, that was a lovely bank story.
As of Sat. 4 Nov. Gold backed countries (BRICS) were paying with their own currency for trading. This will greatly affect the value of the already fiat US Dollar.
Fri. 3 Nov. TNT: A lot of things are happening that pertain to the RV. Banks received memos on Wednesday, Thursday and today in black-and-white- “The Event” is happening. Banks were told that things are in motion ahead of them & going by levels, and waiting to get to them. But it’s in motion. Yesterday, Tony had the champagne out and ready because he was given a two hour window last night. There is another two hour window tonight. He has been told the window but he cannot tell us. But it is supposed to go tonight Fri. 3 Nov to Sat. 4 Nov. His tonight means anytime after 4 PM until 8 AM. Rates are great. Banks are ready. A three letter agency brought their people in last night thinking it was going to go. Hoping it’s tonight. Everyone is on alert – banks, agencies, Treasury.
Thurs. 2 Nov. Bruce: Two different banks reported that the window for exchanges to start was from now to Tues. 7 Nov. The window for notification to make exchange/ redemption appointments were from after 5 pm Fri. 3 Nov. to Tues. 7 Nov. mid morning. Other sources said notifications and appointments should occur in the next couple of days.
Arte on Telegram: “Ok guys I sat down with one of my banks branch managers today. They are Basel 3 and 4 compliant. I asked her about the RV and she said she just got an email coming through that said the Tues. 7 Nov. She’s checking in with her higher ups getting back to me. Her response was, how do you know all this? Lol hooowhooo let’s go!”
Overnight Sun. 15 Oct. the Banks completed the remaining layers of payments, plus the IMF and World Bank held their last meeting.
By Mon. 16 Oct. the Iraqi Dinar had revalued and began trading on the back screens of the Forex.
On Thurs. 26 Oct. President Trump said the next 7-8 days would be ones to be remembered.
On Fri. 27 Oct. the US began pulling 3,600 US troops out of Iraq so Iraq could declare themselves a Sovereign Nation, while the new rate of the Dinar was said to have gone International, although had yet to show on the front screens of the Forex.
Fri. 27 Oct. Alex Collier: “The Dinar went international on Fri. 27 Oct. and on that same Friday they began pulling 3,600 US troops out of Iraq so Iraq could declare Iraq a Sovereign Nation. Two days ago President Trump said the next 7-8 days would be ones to be remembered.”
Craig Wilson: “On Mon. 30 Oct. it was reported that about a week ago, the Iraqi GOI and the CBI, released to the US Treasury, the NEW International Exchange Rate! This came from an Iraqi Bank Partner of a bank here in the USA! It is also believed that the US Treasury has started some exchange steps with the CBI of some of the Iraqi Dinar that the US Treasury holds in its reserves! Sorry it’s not on ABC or NBC or any Fake Stream News yet, but it is from a source that IMO has credible information! That is all, carry on!!
Around Mon. 30 Oct. the country of Columbia revalued their currency – so now we have at least two countries – Iraq and Columbia – which have revalued their currencies, perhaps more.
Oct. 31 All Hallows Eve was when Middle Eastern nations no longer accepting the fiat Petro US Dollar for oil trade, was expected to soon cause a devastating Stock Market Crash – bringing in the need for a Global Currency Reset.
Tues. 31 Oct. Mr. Salvage on Telegram: There was a report that “The Paymaster of New York Michael J. Rubin said that everything was done. All money was in all banks and ready to go. All codes were in. The nation of Colombia was already liquid. Just have patience. We are there.”
No Digital Currency for the Deep State Cabal’s Central Banks: On Fri. 3 Nov. the House Financial Services Committee passed a bill to prevent the Federal Reserve from creating a Central Bank digital currency.