Tuesday, November 21, 2023
"RV UPDATE" BY FRANK26, 21 NOV
Frank26
Question: "What if you lost your receipt for your dinar?"
Try to get ahold of the individual you bought it from. If they have records...maybe they might help you. My broker does not...If you lost it. Oh, dear. That can be a problem financially for you because you want to hold your currency for one year...Because...your [tax] bracket is whatever the
government says but if you don't have a receipt or if you don't hold it for a year and you go exchange...that's a different tax bracket. They're going to really bite you hard. It's the difference between 40% tax and 20% tax... [NOTE: Consult your tax professionals at the appropriate time to determinate proper tax for your unique circumstances]Iraqi Dinar Stands Against USD: Current Exchange Rate and Its Impact, 21 NOV
Iraqi Dinar Stands Against USD: Current Exchange Rate and Its Impact
In the dynamic world of international trade and finance, the exchange rate between the Iraqi Dinar and the US Dollar has been reported at a notable 100 US Dollars for 158,300 Iraqi Dinars. This precise valuation, a snapshot of the ongoing interplay of global economic forces, underscores the importance of exchange rates in defining the value of one currency against another.
Factors Influencing the Iraqi Dinar’s Value
The value of the Iraqi Dinar, like any other currency, is subject to a kaleidoscope of factors. From the nation’s economic health and inflation rates to interest rates and the balance of trade, each plays a crucial role in shaping the currency’s valuation. Political stability, too, exerts a significant influence, adding another layer of complexity to the currency’s dynamics.
Relevance for Businesses, Investors, and Travelers
This exchange rate information carries particular relevance for a wide array of stakeholders. Businesses engaged in international trade, investors eyeing opportunities in diverse markets, and travelers planning trips to distant lands all rely heavily on accurate, timely exchange rate data. In the case of the Iraqi Dinar and US Dollar, these groups need to constantly monitor the currency values to ensure advantageous transactions.
Live Exchange Rate Information
Live exchange rate platforms offer a lifeline in this complex landscape, providing up-to-date information on the Iraqi Dinar’s standing against the US Dollar. These platforms not only offer real-time data but also forecast trends and provide FX news updates, adding depth to their users’ understanding of the currency market. With this information at their fingertips, stakeholders can make informed decisions on transactions involving the Iraqi Dinar and US Dollar.
https://bnn.network/finance-nav/iraqi-dinar-stands-against-usd-current-exchange-rate-and-its-impact/
Al-Nusairi: The Central Bank’s New Measures To Regulate Foreign Trade Are The Beginning Of Banking Reform And An End To The Exchange Rate Crisis , 21 NOV
Al-Nusairi: The Central Bank’s New Measures To Regulate Foreign Trade Are The Beginning Of Banking Reform And An End To The Exchange Rate Crisis
Economy News _ Baghdad Advisor to the Iraqi Private Banks Association, Samir Al-Nusairi, confirmed that the Central Bank’s recent measures and understandings with the US Federal Reserve and the banks of the countries with which Iraq has important trade exchanges and with solid international correspondent banks to open bank accounts for a new number of Iraqi banks to enhance their balances in the US dollar, the Chinese yuan, the European euro, and the Indian rupee. The UAE dirham is the beginning of banking reform and the end of the exchange rate crisis.
Al-Nusairi said in an interview with Al-Iqtisad News: These banks have been approved in accordance with basic conditions and controls approved by the US Central and Federal Banks, so that these Iraqi banks can carry out external transfers by covering their external transfers from correspondent banks directly without going through the electronic platform,
and this method It will shorten the external transfer period and ensure that the transfer reaches the final beneficiary through quick mechanisms, as well as address the cases of rejection that occurred for some transfers transferred on the platform.
He added that implementation of the new agreements will begin in the coming days and weeks, and these measures will certainly be reflected in controlling the movement of the US dollar in the black market and reducing demand for it, in the hope of reducing fluctuations in exchange rates. This will be helped by a set of new instructions and mechanisms that the Central Bank intends to achieve.
Its announcement will be a sign of goodness and a breakthrough in the crisis for which the Central Bank has begun making plans and taking measures since the beginning of this year to overcome it calmly, wisely, and with the support of the government and the Association of Iraqi Private Banks.
Al-Nusairi pointed to the Central Bank’s strategy for the next stage in the field of banking reform, which is to increase banks’ capital to $400 billion, launch the national loan strategy, develop electronic payment systems, implement the procedures of the Riyada Initiative, and establish the Riyada Bank in accordance with the directives of the Prime Minister. Views 88 11/20/2023 - https://economy-news.net/content.php?id=37680
FRANK26…..11-20-23……..1000:1 THEN LIFT THE 000’s !!!
AL-KHAZALI CALLS FOR ENDING THE UN GUARDIANSHIP OVER IRAQ BY MNT GOAT, 21 NOV
AL-KHAZALI CALLS FOR ENDING THE UN GUARDIANSHIP OVER IRAQ, 21 NOV
(We can now see the movement away from the guardianship of Iraqi assets in NYC is picking up momentum. Expect to see yet more pressure from Iraq on this matter until it is done.)
The Secretary-General of the Asaib Ahl al-Haq movement, Qais Khazali, discussed with the representative of the Secretary-General of the United Nations, head of the Independent Strategic Review Team for Assistance to Iraq, Volker Peretz, the importance of ending the UN guardianship over Iraq, after the great stability of the political, security and social conditions in The country.
Al-Khazali explained in an interview during his meeting with Peretz in his office in Baghdad, that “Iraq is witnessing great development in all fields, and therefore there is no need for international missions under various names,” pointing out that “Iraq is open to everyone, and pursues balance in its relations based on its highest interests.” “.
Al-Khazali stressed that “Iraq is best able to determine the need for the level and type of international assistance, and that its main priorities are economic development in the fields of agriculture, industry, tourism, investment, technology, and the banking sector, and strengthening international relations between it and its Arab and regional surroundings, as the Iraqi government succeeded in activating this path.” “And achieving advanced positive steps in this regard.”
TIDBIT FROM MARKZ, 27 NOV
MarkZ [via PDK] Article: “ Iraq announces the results of its population census: More than 45 million ” What does that mean? Many pe...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...