"RV UPDATE" BY TEXAS SNAKE, (SPANISH & ENGLISH), 20 NOV

 Domingo 19 Noviembre 2023

06:02 A.M. Hora TEXAS USA

Texas Snake : Dice

— IRAK, al igual que la mayoría de los demás países involucrados con la primera canasta RV, desea que EE. UU. autorice las monedas respaldadas por activos al mismo tiempo que ejecutan los nuevos valores monetarios en sus respectivos países y sería absolutamente una locura si nuestro Tesoro no anunciara las USN respaldadas por activos. al mismo tiempo.

— Anoche recibí información preliminar que no pude confirmar y hoy me incluyeron en una llamada internacional desde varios países de todo el mundo, incluidas las ciudades estadounidenses de Nueva York, Reno, Mia, además de Zurich, Hong Kong e Irak.

— La suma y sustancia de este llamado era toda la reorganización bancaria y monetaria del país que se presentaría a los ciudadanos esta semana y el CBI ( BANCO CENTRAL DE IRAK ), quería que esta nación anunciara nuestra nueva moneda junto con ellos, pero si no, entonces el CBI e

IRAK RV por su cuenta.

— Las fechas de los anuncios son el LUNES 20 o el MARTES 21 y la fecha de entrada en vigor será el MIÉRCOLES 22 NOVIEMBRE 2023 de la próxima semana.

— Según varios participantes en la convocatoria, se han cumplido todos los requisitos, como FOREX. Recuerde que solo soy un mensajero, pero parecían muy seguros de esta información.

----

Translation in English: 

Sunday November 19, 2023

06:02 A.M. Time TEXAS USA

Texas Snake: Says

— IRAQ, like most other countries involved with the first RV basket, wants the US to authorize asset-backed currencies at the same time they execute the new monetary values ​​in their respective countries and it would be absolutely crazy if our Treasury will not announce asset-backed USNs. at the same time.

— Last night I received preliminary information that I could not confirm and today I was included in an international call from several countries around the world, including the American cities of New York, Reno, Mia, as well as Zurich, Hong Kong and Iraq.

— The sum and substance of this call was the entire banking and monetary reorganization of the country that would be presented to the citizens this week and the CBI (CENTRAL BANK OF IRAQ), wanted this nation to announce our new currency together with them, but if not , then the CBI and

IRAQ RV on your own.

— The dates of the announcements are MONDAY, the 20th or TUESDAY, the 21st and the effective date will be WEDNESDAY, NOVEMBER 22, 2023 of next week.

— According to several participants in the call, all requirements have been met, such as FOREX. Remember I'm just a messenger, but they seemed very confident about this information.

Economist: Soon Solutions Will Lead To A Decline In The Dollar And Turbulent Monetary Policy In Iraq, 20 NOV

 Economist: Soon Solutions Will Lead To A Decline In The Dollar And Turbulent Monetary Policy In Iraq

Time: 11/19/2023 Read: 3,289 times   {Economic: Al-Furat News} The economic expert, Abdul Rahman Al-Mashhadani, revealed close solutions that would lead to a decline in the dollar, while describing monetary policy as “turbulent in Iraq.”

Al-Mashhadani said: For the {State Dialogue} program broadcast by Al-Furat satellite channel this evening, he said: “In the coming days, there are solutions that will lead to lowering the exchange rate, as we have 5 Iraqi banks that have partnerships with solid international banks and have a high reputation and capital.” 

He added, "The partnership with Qatar National Bank gives strength to Iraqi banks, while Iraq and Iran deal with a third currency in commercial transactions, reducing the price of the dollar."

Al-Mashhadani described the current monetary policy in Iraq as “turbulent and is merely a buffer to absorb the mistakes of previous trade policies, and it is not compatible with the actual need.”

He added, "The platform detected 90 percent of the manipulations and problems in transfers. Some contracts were gateways to corruption and money laundering, and half of the invoices presented for imports were forged."

Al-Mashhadani pointed out that "the food sector accounts for approximately 41 percent of the inflation equation, and exchange rate fluctuations affect various sectors in addition to the psychological factor."

He concluded by saying, "80% of transfers were rejected by the US Federal Bank for no reason, and the delay in rejected transfers forces merchants to buy from the parallel market." Wafaa Al-Fatlawi   LINK

After importing the dollar... an optimistic statement about the exchange rate in Iraq, 20 NOV

After importing the dollar... an optimistic statement about the exchange rate in Iraq 

Economy| 06:48 - 11/18/2023
Mozaine News - Baghdad
 
The economic expert, Abdul Rahman Al-Mashhadani, revealed the impact of the Central Bank’s steps on the dollar exchange rate in Iraq. 
 
Al-Mashhadani said in an interview with Mawazine News, 
 
“The recent measures will contribute to lowering the exchange rate by allowing banks to bring remittances from companies that have bank accounts in them or from their balances abroad, and this will achieve two things. 
 
The first is that the central bank will be freed from the Fed’s oversight and penalties, given that any dollar Of these dollars, if they leak into the markets of the sanctioned countries, they are not from the Central Bank’s dollars. 
 
The second is that these transfers mostly belong to foreign companies operating in Iraq that employ Iraqi employees and receive their salaries in dollars, or that have contracts with Iraqi companies that supply them with materials such as food, for example, or deliver them to them. 
 
The contracts of these companies are denominated in dollars. 
 
They will certainly be exchanged in the parallel market and will be an important resource for financing the market.”  He added, "This is also the case with the banks being freed from transfer control through the platform and returning to its old method by enhancing the balances of banks that have foreign correspondent banks or that have  partnerships with foreign banks. 
 
This measure will lead to reducing the period for issuing the transfer from 15-30 days to two or three days." Days, at the same cost, and the auditing of these transfers is carried out by JP Morgan or the American Citibank, while previously the process of auditing and filtering was carried out by the Central Bank, then the Federal Reserve, and then Citibank or JP Morgan.”  He added, 
 
"The Central Bank's measures remain insufficient because they require the support of supporting government agencies such as customs, border crossings, the Ministry of Commerce, and the stability of the political and security situation."
 
https://www.mawazin.net/Details.aspx?jimare=238063

Christmas Celebration Soon?💣Iraq Currency Swaps?🤔Iraq Dinar RV Updates |...

"RV UPDATE" BY MILITIAMAN, 20 NOV

 Militia Man 

 Article [via MeetMeOnline] quote:  "Easing of global commodity prices, the revaluation of the dinar, the continued price subsidies are projected to keep inflation in check..."  This is coming from the World Bank...price subsidies are projected to keep inflation in check because of why?  Because of the revaluation of the dinar...The World Bank are the ones talking about the revaluation of the dinar and the revaluation will help facilitate [many things]...

 The Bank of International Settlements is the central banks of all central banks.  They move markets.  Commercial traders fear central banks because of the amount of money they have to be able to throw at markets.  The Bank of International Settlements talked with language I've never heard before in my 30 years of trading. 

 When central banks have to be very very careful on how they say things because what they say will move markets.  People can lose and make money.  Article " The Arab Monetary Fund of the International Settlements organized a meeting...on Wednesday and Tuesday November 15th 16th of 2023"  

This article did not come out until the 16th.  The 15th they never mentioned it...Why not tell you in advance they're having a meeting...? 

Quote:  "the meeting comes under highly complex economic conditions...discussing a number of aspects related to the role of monetary policy in facing risks resulted from the repercussions of possible macroeconomic shocks..."  

In other words, something is going to happen and they're telling the largest entities in the world that they're facing risks resulting from repercussions of possible macroeconomic shocks.  In other words if something happens in a small country, something else could happen in a big country...If the bank of International Settlements is telling this to other central banks who does business with other central banks, those that need to know this information just got told something's up

Parliamentary Finance reveals the possibility of successful “digital transformation” in government banks , 20 NOV

Parliamentary Finance reveals the possibility of successful “digital transformation” in government banks 
 
Economy |11-16-2023, 18:13 |
Baghdad Today - Baghdad
 
Today, Thursday (November 16, 2023), the Parliamentary Finance Committee revealed the possibility of government banks succeeding in automating the banking system and switching from the paper to the digital system.
 
Committee member Mustafa Al-Karaawi told “Baghdad Today” that 
 
“there is a noticeable development in government banks through the automation of the banking system and the shift from the paper to the digital system. 
 
There is a great reliance on development in this matter, especially in completing some transactions electronically, especially related to advances.” And others."  Al-Karaawi stated that
 
 “the economic and financial ground for government banks is prepared for this transformation, especially with the great development in global financial systems, and 
 
Iraq is part of this world and keeps pace with all developments, and 
 this transformation has important economic benefits, especially since the development of the banking and financial sector in Iraq is important for investment.” Especially foreigners, 
 
it also contributes to reducing red tape and some cases of corruption and extortion.”
 
A government meeting was held the day before yesterday, Tuesday, according to the Prime Minister’s Office, “to discuss the implementation of the comprehensive banking system, through the use of advanced electronic programs and modern technology in all banking transactions, 
 
and to discuss the development plan presented by the international company (Ernst & Young) regarding the restructuring of Rafidain Bank.” In order  to ensure the development of its business and the provision of a package of integrated banking services to citizens and companies, on a par with international banks, and 
 
in this regard, the Prime Minister directed bank departments to seek international expertise by contracting with consultants specialized in banking and financial work.”
 
Prime Minister Muhammad Shiaa Al-Sudani directed the directors of all government banks to prepare a plan to be submitted within one month, to develop the work of banks, including the optimal use of financial, human and technical resources, moving from paper work to codified work, electronic dealing with all banking activities, 
expanding electronic payment services, and developing a comprehensive vision. “For banks to grant credit facilities and loans, and develop work mechanisms, including control and oversight tools.” 
 
https://baghdadtoday.news/235717-المالية-النيابية-تكشف-إمكانية-نجاح-التحول-الرقمي-في-المصارف-الحكومية.html

FRANK26…..11-20-23……..1000:1 THEN LIFT THE 000’s !!!