DINAR REVALUATION

Sunday, November 12, 2023

A government source reveals the outcomes of the meeting between the Central Bank and the American side, 12 NOV

A government source reveals the outcomes of the meeting between the Central Bank and the American side

11/11/2023 Economy News

A government source revealed, on Saturday, that the Central Bank of Iraq agreed with the American side to enhance the advance balance of five Iraqi banks in dollars.

The source said, to an official agency followed by Al-Iqtisad News, that “Intensive meetings took place in Abu Dhabi in the past few days between a delegation from the Central Bank of Iraq and the American side responsible for foreign transfer operations to cover imports, and the negotiations culminated in a number of decisions and mechanisms that It contributes to facilitating procedures for foreign transfers related to imports through the foreign currency sales window.”

He added, "It was agreed to enhance the advance balance of five Iraqi banks in their accounts in dollars with Jordanian banks and transfers via (JP Morgan)," noting that "the problems related to the rejected transfers were resolved, and it was agreed that the rejection of transfers should be based on strong reasons."

He continued: “There were also other meetings that brought together one of the Emirati banks, the Central Bank of Iraq, and the American side, to implement the mechanism for enhancing balances in the Emirati dirham for Iraqi banks (UAE Dirham pilot),” indicating that “things are going well in this aspect, as all the technical details related to it have been resolved.” In this regard, it is expected that the mechanism for enhancing balances in the UAE dirham will begin within the next few days.”

He stressed that "there are serious negotiations that have reached their final stages to enhance the balances of some Iraqi banks in euros with UBAF Bank to finance trade with the European Union," noting "an increase in the number of banks whose balances in Chinese yuan are being enhanced through the Singapore Development Bank."

He added, "Accounts have been opened for 6 Iraqi banks in this bank, and during the coming period 7 more banks will be added to finance Iraqi trade and imports from China, as these imports are estimated at about 12 billion dollars annually."

The source concluded, saying: “Bank accounts have also begun to be opened in the Indian rupee for a number of Iraqi banks at the same correspondent, the Singapore Development Bank (New Delhi branch), and operations to strengthen the balance of two Iraqi banks have actually taken place as a first stage, and it is expected that this mechanism will contribute to financing Iraq’s imports from India.” Especially medicines and foodstuffs, which are estimated at about $3 billion.” LINK

Technical support to Iraq’s WTO membership process: UNCTAD to undertake a second round of Services regulatory mapping , 12 NOV

Technical support to Iraq’s WTO membership process: UNCTAD to undertake a second round of Services regulatory mapping

Following up on the first advisory meeting on the regulatory audit of selected services sectors in Iraq, UNCTAD is due to undertake on 11-14 November a second workshop, in the city of Erbil, northern Iraq, to assist Iraqi officials in the review and analysis of the legislative and regulatory measures governing insurance, higher education, and postal services. In addition, legislative and regulatory frameworks and practices related to foreign companies’ establishment(registration) and investment, as well as labour conditions (for foreigners) will be examined.

During the first edition of this exercise, held also in Erbil on 21-24 August 2023, four services sectors were covered, namely: Financial (banking services), Transport, Tourism and Education (primary and secondary education services).

The regulatory mapping of laws, rules and regulations would help the government of Iraq, not only to develop and maintain an inventory of laws and regulations that apply to business’s rights and obligations in the services sectors, but also to guide the Iraqi authorities in shaping the trade policy and procedures in the area of services by having a better reading and assessment of the regulatory landscape so as to capture baseline obligations across jurisdictions to avert any potential overlaps among the services sectors’ regulations.

Considering Iraq’s ongoing preparation for WTO accession , the objective of this regulatory mapping is to provide the government with the necessary technical support for the formulation of the terms of competition on market access and national treatment conditions for foreign services providers operating in Iraq. Hence, it would enable Iraqi negotiators to define, on an informed basis, the country’s WTO membership negotiations’ strategy, including the outlining of its specific commitments under GATS.

Ultimately this audit will also facilitate the coordination, development and implementation of any regulatory changes that would be made necessary as part of the WTO accession’s negotiations and obligations in the post accession phase.

Co-organizer(s):

Iraqi Ministry of Trade LINK

Iraqi Dinar Vietnam Dong Zim Dollar Rates News Currency Manipulation List BY SANDY INGRAM

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 12 NOV

Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: The television is talking about some economist…we trust him, saying Iraq needs to bring the dinar to a register inside of a basket with internationals…Then they say to us the reason for this is so the black market can be dealt with.

FRANK: This monetary reform education is at it’s best!

FIREFLY: The talks are about bringing value to the dinar. They also say they’re going to give us metal currency. Coins…

FRANK: This is the part where I tell you, I told you so! Lol…

FRANK continues: They prepare you inside of Iraq for your new exchange rate by telling you about the coins. Those are even smaller than the new small category notes…To see it right now is perfect timing…In these last final second of all this information is being given to you about your monetary reform… Congratulations. Every day is one breath closer to you new exchange rate before 2024.

When Sudani went over to the United States Treasury at the the UN…they told him to do a couple more things. He said fine I’ll do it. He went back he did it in less than 24 hours because it was simple. But the purpose for him going there was to deliver the new exchange rate that they are going to release.

Question:
“What do you think the rate will be?”

IMO a reinstatement of $3.22 to a cap of about $4.25.

JUDY NOTES, 12 NOV

Predicted Timing:

Nov. 14-17 China’s Xi visits the U.S.
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:&nbs p;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.

https://dinarchronicles.com/2023/11/11/restored-republic-via-a-gcr-update-as-of-november-11-2023/

Revealing The Details Of The Central Bank’s Meeting With The American Side Regarding The Dollar, 12 nov

Revealing The Details Of The Central Bank’s Meeting With The American Side Regarding The Dollar, 12 nov

Economy | 11/11/2023 Baghdad - Mawazine News A government source revealed, today, Saturday, that the Central Bank of Iraq agreed with the American side to enhance the advance balance of five Iraqi banks in dollars.

The source said, according to the official agency, “In the past few days, intensive meetings took place in Abu Dhabi between a delegation from the Central Bank of Iraq and the American side responsible for foreign transfer operations to cover imports, and the negotiations culminated in a number of decisions and mechanisms that contribute to facilitating the special procedures.” Foreign transfers related to imports through the foreign currency sales window.

He added, "It was agreed to enhance the advance balance of five Iraqi banks in their accounts in dollars with Jordanian banks and transfers via (JP Morgan)," noting that "the problems related to the rejected transfers were resolved, and it was agreed that the rejection of transfers should be based on strong reasons."

He added, "Accounts have been opened for 6 Iraqi banks in this bank, and during the coming period 7 more banks will be added to finance Iraqi trade and imports from China, as these imports are estimated at about 12 billion dollars annually."

The source concluded, saying: “Bank accounts have also begun to be opened in the Indian rupee for a number of Iraqi banks at the same correspondent, the Singapore Development Bank (New Delhi branch), and operations to strengthen the balance of two Iraqi banks have actually taken place as a first stage, and it is expected that this mechanism will contribute to financing Iraq’s imports from India.” Especially medicines and foodstuffs, which are estimated at about 3 billion dollars. Ended 29/h

https://www.mawazin.net/Details.aspx?jimare=237578