A parliamentarian answers… Will restarting factories reduce demand for the dollar?, 11 NOV
11-10-2023
A parliamentarian answers... Will restarting factories reduce demand for the dollarInformation / Baghdad
Today, Friday, a member of the House of Representatives, Salem Al-Anbuki, explained the impact of restarting factories on the dollar in the Iraqi markets, while pointing to the factors of pressure on the parallel market.
Al-Anbaki said in an interview with Al-Ma’louma, “The most important factors putting pressure on the parallel market and pushing dollar prices to rise is the lack of national products that enable them to contain market demands for many goods, which leads to the import of approximately 95% of needs, which requires the availability of hard currency.” To the dollar.
He added, “Reconsidering the national economic strategy, pushing factories and laboratories to produce, and closing the large gap in the import balance will reduce the demand for the dollar by no less than 70%, which means a greater decline and gives greater flexibility in the markets.”
He pointed out that “the rise in the dollar causes severe harm to more than 13 million people who are below the poverty line because of its impact on raising prices, especially basic food items.”
The currency market in Iraq is witnessing a rise in the dollar exchange rate in recent weeks, especially as it approaches breaking the barrier of 170 thousand dinars per 100%.
[via WiserNow] ...first of all regarding Iraq, very early in the morning...Friday...the ATM machines which have been loaded with lower denomination dinar...meaning being 5 / 10 / 20 /50 / 100’s - sort of like we would have 20s in our ATMs.
I don't know how many different denominations they have...those are activated early this morning for the first time – that’s new...So the lower denomination dinar are in the ATMs and were utilized...
[via WiserNow] ...we heard that redemption centers had two conference calls... to go over the final details, last minute touches...Before we go...
they did say that this came off the calls, that we should have our notifications delivered to us by email tomorrow late morning...
CBI, Federal Reserve sign deals to ease forex transfers from Iraq after intensive meetings in UAE: official source
Shafaq News/ The Central Bank of Iraq (CBI) and U.S. representatives have inked breakthrough deals to ease restrictions on foreign transfers from Iraqi banks, a government source revealed on Saturday.
Iraq's official news agency quoted an official source saying that a series of intensive meetings have been held over the past few days in Abu Dhabi to streamline procedures for foreign transfers via the foreign currency sales window at the Federal Reserve.
Key outcomes include agreements to streamline the USD balances of five Iraqi banks at Jordanian financial institutions, simplify transfers via JP Morgan, and provide robust justifications for rejected transfers, the source said.
The negotiations involving a prominent UAE bank, the Central Bank of Iraq, and U.S. delegates were convened to establish a UAE Dirham pilot at Iraqi banks.
"The process is poised to kick off in the coming days," the source added, "final-stage negotiations are also in progress to reinforce balances of select Iraqi banks in euros at the UBAF bank, facilitating trade with the European Union."
The official source revealed that many banks will be able to benefit from balances in Chinese yuan through the Singapore Development Bank.
"Six Iraqi banks have been included, with plans to incorporate seven more," the source continued. "This initiative is geared towards financing Iraqi imports from China, estimated at a substantial $12 billion annually."
Those deals, the source explained, will help fund Iraq's imports from India, specifically pharmaceuticals and food items, which are valued at nearly $3 billion annually.
Fri. 17 Nov. US Government Shutdown (The end of Congress’ extension for approving and funding the 2023 budget. The Fed has run out of fiat US Dollars and was not allowed to print anymore because of the excessive National Debt).
Sun. 19 Nov. 2023 is the Global Currency Reset implementation date for HSBC, JP Morgan, Citi Bank, Credit Swisse, Wells Fargo, Bank of America and other major financial institutions around the World.
Starting 1 Jan. 2024 the fiat US Dollar would be replaced by the gold/asset-backed US Note; all such gold/asset-backed currencies across the Globe would be on par 1:1 with each other, Social Security benefits will be much higher and the SS R&R payments would start on a monthly basis.
In the next three to six months the Rodriguez Trust will begin to administer “universal basic income” for citizens of all GESARA-compliant countries. The amount per individual or family will depend on the status, needs, employment level and age of the person/family and will work to encourage people to work if they can.
Global Currency Reset:
Fri. 10 Nov. MarkZ: “I continue to hear that they are positioned and we should get an announcement over the weekend and exchanges should start on Tuesday (14 Nov.) That is what I am hearing. The chatter is great. But I find it difficult to believe that anyone knows the exact date…for security reasons… My gut is saying we are close. And Iraq has put themselves in a position that it is time to go.”
Fri. 10 Nov. Texas Snake: Current anticipation speculation is suggesting that the codes have been released and that our notifications will occur late Fri. or early Sat. morning (10, 11 Nov.) with appointment scheduling to follow with exchanges to commence Tues. of next week (14 Nov.) and following. Stay grounded. This is actually our time. …I am going to share what the banker has shared with me: The CBI has been in communication with our Treasury regarding the new in country rate to be announced. The most important steps being followed right now is the security measures to be followed at the various exchange locations nationwide to insure everyone’s safety during our exchange procedures. It is anticipated the announcement will be brought forward this evening (Fri. 10 Nov.) or early Saturday morning (Sat. 11 Nov.). The 800 numbers then published to call and provide a ZIP CODE for the city you personally wish to exchange in as well as the banking institution of your choice. You may receive a second 800 number during this call but most likely you will be asked for your email address to have the 800 number sent to you via email.
Thurs. 9 Nov. Bruce: On Wed. 8 Nov. the Military gave the GCR a go ahead, the Green Light from Treasury was turned on and Activation Codes were sent to the US Treasury. On that same Wed. Codes were entered into the Redemption Centers that allowed the new currency rates to go from the back screens to the front screens. Tier 4b (us, the Internet Group) could have notifications to set appointments for exchange/ redemptions as early as Fri. 10 Nov. late morning. Redemption Centers will be open every day for the next two weeks. Some Redemption Centers in Florida and Texas will be open 24/7. RV exchanges started in the UK and France today
Thurs. 9 Nov.
Recent History of the Global Currency Reset:
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 Fri. 27 Oct. the Dinar went international according to Alex Collier and the US began pulling 3,600 US troops out of Iraq so Iraq could declare Iraq a Sovereign Nation.
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 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.
On Thurs. 2 Nov. Donald Trump posted “It’s Time” and stated that the biggest event we will have in this country will happen this month of November 2023.
Fri. 3 Nov. 10:42 am: Dubai International Financial Center gave Greenlight for XRP and the House Financial Services Committee passed a bill to prevent the Federal Reserve from creating a Central Bank digital currency.
Sat. 4 Nov. NESARA/GESARA was activated; the US was no longer privately owned by foreign entities and under the Restored Republic (designed after the Republic of 1873); the gold/asset-backed BRICS countries were paying with their own currency for international trade (the demise of the fiat US Dollar) and the new gold/asset-backed US Note went live according to Dr. Charlie Ward, Head of the Redemption Committee for the Global Currency Reset.
Wed. 8 Nov. the Military gave the GCR a go ahead; the Green Light from the US Treasury was turned on; Activation Codes were sent to the US Treasury; the Iraqi Government released to the US Treasury the new International Rate for their Dinar and Codes were entered at the Redemption Centers that allowed the new currency rates to go from the back screens to the front screens.
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 everyone! Hopeful for amazing news from MarkZ! Let's git-r-dun!
Member: Welcome to yet another weekend
MZ: Not a whole lot of news today. I did get to speak to a redemption center contact . They are on call this weekend…..so nothing special. But,, if what we are hearing is accurate…. and we are not expected to go in until early next week….then that makes sense.
MZ: If what many are hearing is accurate – there is no need for them to work this weekend. I don’t have contacts in the call centers…..just the trained bank personnel that will be working with the exchanges.
MZ: Mr. C has not gone……Have not heard any news on rates like the dong , pengo, rupee, rupiah ect……
MZ: The only real update I have for you is I continue to hear positive stuff for this weekend and many hope this is it. The good lord knows we need it.
Member: Give us your gut feeling
MZ: My gut is still screaming we are almost there….You can see it, feel it , taste it…you know it is almost there.
Member: Moody;’s just downgraded the US credit rating.
MZ: That is huge.
MZ: Nader dropped a good one today talking about how its not possible to import the dollar and secure it in the local market without registering the dinar in the basket of Arab and International currencies. This is a huge one …….The minister made it very clear that without an international currency ..the US and the Fed can only expect so much. In other words they need a fully international dinar NOW and its long overdue for them. If they have an international currency they can buy the other foreign currencies they need.
MZ: Be sure to listen to Nader and like and share it……
Member: Dear God…Let this be a wonderful Christmas Season….Please let the RV go………
Member: I feel it, things are shifting! We are about to feel abundance, all of us! It is so close!
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
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.
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