[via Babysmom] ...MOST RECENT ANTICIPATED OPENING RATES AS PER RAY...DONG .47... DINAR 3.81...WE WON'T KNOW UNTIL THE DAY WE GO TO EXCHANGE WHAT THE CURRENT RATE IS...
Clare
Article: "The World Gold Council announced, on Thursday, that Iraq and 4 Arab countries possess more than one million tons of global gold reserves ." Quote: "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 132.7 tons, which represents 7.7% of the rest of its other reserves."
Nader From The Mid East
They are start to prepare people to use only the dinar and they start advertisement...they call it education, I call it advertisement. Things are going good...somewhere 1 to 1. [See the Iraqi dinar advertisement video under Guru Frank26's post below]
Report: More than 90 trillion dinars in cash are in circulation outside the banking system in Iraq
The Future Iraq Foundation for Economic Studies and Consultations counted, on Sunday, the local currency circulating outside the banking system in the country during the year 2023, and said that it exceeded 90 trillion dinars.
The institution stated in a report published today that the value of the issued cash currency increased from 78 trillion dinars at the beginning of the year 2022 to reach more than 102 trillion dinars at the end of the year 2023, with a growth rate in the issued cash currency amounting to 9.24% during 2023 and a growth rate in 2022 amounting to 20%, an increase. For the year 2019, by 58 trillion Iraqi dinars, according to data from the Central Bank of Iraq.
The report added that the cash currency outside the banking system amounted to approximately 93 trillion Iraqi dinars, an increase of 30% compared to 2022, and it is the highest volume of funds existing outside the banking system throughout the history of the Iraqi banking system.
According to data from the Ministry of Planning, the population of Iraq in 2023 reached approximately 43 million people, representing only 60% of them over the age of 15 years. Therefore, the number of Iraqis’ population who are more than 15 years old exceeds 26 million people, and based on the Ministry’s figures Work, which indicates that the size of social welfare beneficiaries is approximately 14 million people, while the number of adult Iraqi citizens who are not covered by social welfare is approximately 12 million people.
The report indicated that, based on data from the Ministry of Labour, the Ministry of Planning, and the Central Bank of Iraq, it can be concluded that the average value of each Iraqi’s hoarding of money in the Iraqi currency “exclusively” is approximately 7.2 million Iraqi dinars per citizen, higher than in 2019, which was approximately 4 million. Iraqi Dinar.
According to the Foundation, considering that each home contains at least two adults (a man and a woman) who are not covered by social care, the rate of each Iraqi home hoarding money exclusively in the Iraqi currency amounts to 15 million Iraqi dinars, which is a higher percentage than in 2019, which was approximately 8.12 million dinars. Iraqi.
The report noted that, based on these official figures issued by official bodies, every adult Iraqi citizen over the age of 15 (man and woman) who is not a beneficiary of social welfare was able to increase his money stored in Iraqi dinars by 1.2 million Iraqi dinars during the years 2022 and 2023 despite From the decline in the value of the dinar compared to the dollar in the local market, in addition to the rise in commodity prices and the rise in inflation rates by 4%, according to data from the Ministry of Planning.
Hoarded money is defined as the value of money that a person keeps away from the banking system, and does not invest it or buy his own assets, but rather keeps it away from financial institutions and exclusively in the Iraqi currency and not in other currencies.
The institution concluded in its report that some believe that these numbers may be illogical, and that Iraqis are suffering from a major shortage of funds and deteriorating social conditions. However, what is proven is that the Central Bank of Iraq has, in two years, exported more than 24 trillion Iraqi dinars, warning that more Of the 22 trillion Iraqi dinars that were hoarded by adult citizens and non-beneficiaries of social welfare. link
[Response to the the new Iraqi Dinar Commercial video...See Frank26's 10-8-2023 post below to watch it.]
The video shouldn't be shocking to anybody. The video that was released is only supporting what we've been reading over the last couple months - That Iraq was going to start taking pride in their currency, the government wants to encourage them to take pride in their currency, they want them to start getting away from using the US dollar and start using Iraqi dinar and together they'll do what it take to strengthen the Iraqi dinar...Nice little commercial...
Community comment: "I disagree with your position. The dinar going up in increments doesn't help anyone." Sure does. It helps the Iraqi people. They get more purchasing power.
Article: "A matter of a homeland. A campaign to support the Iraqi dinar and make it the gateway to build the country."
The quicker they do away with the dollar and start dealing only in their own currency is a huge step towards doing what they can to strengthening their own local currency against the US dollar. We know that's happening 1st of this January 2024. At least that's what they tell us.
Iraqi Prime Minister Stresses Commitment to Human Rights at National Conference
In a landmark address at the second national human rights conference in Baghdad, Iraqi Prime Minister Muhammad Shi’a al-Sudani reiterated the nation’s unwavering commitment to human rights. The conference, marking the 75th anniversary of the Universal Declaration of Human Rights, served as a beacon of hope for a better, more equitable Iraq.
The Commitment of Iraq to Human Rights
Al-Sudani shed light on the government’s actions to secure human rights, including tackling public complaints, holding law enforcement accountable, prosecuting human rights abusers, and implementing strategic measures against human trafficking and suicide prevention. Justice Minister Khalid Shawani announced that Iraq has become one of the most committed countries to send reports on the human rights file, indicating a transparent approach in the government’s workings.
Legislative Measures in Support of Human Rights
Al-Sudani also pointed out legislative efforts aimed at buttressing human rights in Iraq. He mentioned a bill concerning information rights, a key measure to ensure transparency and accountability. Additionally, a law aimed at safeguarding Yazidi survivors of ISIS was highlighted, demonstrating the government’s dedication to protect the vulnerable. Furthermore, the Prime Minister mentioned amendments to laws concerning the freedom of expression and prohibition of torture, underlining the government’s strive for justice and equality.
Call for Completion of High Commission for Human Rights
In his speech, the Prime Minister urged the Iraqi parliament to finalize the selection of members for the High Commission for Human Rights. This commission stands as a critical body in Iraq’s human rights infrastructure, working tirelessly to uphold justice and human rights. Al-Sudani’s call underscores the government’s dedication to ensuring that the commission is fully functional and effective in its mission.
While I won’t be opening the room until morning there have been two announcements made today identifying two dates having some importance for our pending reward for the time thus far dedicated to this anticipated exchange. These dates areDec 8th and 14th.
Will get into more of the significance of these dates in the morning but the most important take away is the8th as all contractors are being paid at the Dinar new currency rate to be announced on the 8thfor acceptance into recognized acceptance by the IMF and World Trade Organization, that rate being $5.41 for foreign exchange commerce.
Wed. 29 Nov. Texas Snake:
It could happen at any moment, banks and exchange centers are trained and ready, it is mostly political at this point with the number on nations involved. He has 5 states he is responsible for with about 40 centers. They are prepared. “We cannot have two US currencies at the same time, so how do they cover this situation?
They create a meltdown in banking and the Securities Markets. They suspend trading and access to your funds. Then they announce the return to asset backed currencies and direct you to take your currency to your bank to exchange for the new Treasury backed currency. We foreign currency holders will be exchanging at the same time, so not to panic.
U.S. Accused of Using Its Embassy for Covert Operations in Iraq
Accusations of espionage and military operations planning have been leveled against the United States by Iraq’s anti-terror group, Kata’ib Hezbollah. The group claims that the U.S. has turned its embassy in the fortified Green Zone of Baghdad into a command center for covert activities against the Iraqi nation. Abu Ali al-Askari, a senior official with Kata’ib Hezbollah, stated that the embassy, ostensibly a diplomatic site, is indeed a hub for plotting operations against Iraqis. Al-Askari also criticized certain Iraqi politicians for turning a blind eye to this issue, hinting that their political positions would disappear once foreign forces are expelled from Iraq.
Recent Attacks on U.S. Embassy
The accusation follows a recent incident where several mortar rounds hit the U.S. embassy compound. This attack marked one of a series of actions against U.S. forces since mid-October, which are linked to U.S. support for Israel during its offensive in Gaza. Lloyd Austin, the U.S. Secretary of Defense, condemned the attack, blaming Kata’ib Hezbollah and another Iraqi group, Harakat Hezbollah al-Nujaba, for the incident.
Threats of Continued Resistance
Sheikh Akram al-Kaabi, leader of Harakat Hezbollah al-Nujaba, warned of more attacks on U.S. interests in response to an airstrike that claimed lives of his group’s members. Al-Kaabi affirmed that resistance against U.S. forces will persist until their withdrawal from Iraq. Such actions by Iraqi groups are seen as part of a broader regional resistance against U.S. and Israeli interests, which includes activities by the Yemeni army and Lebanese Hezbollah. Yemen’s Ansarullah movement recently seized a ship linked to Israel, considering it a legitimate target.
Implications for Iraq’s Future
The recent developments underscore the escalating tensions between the U.S. and Iraqi resistance groups. This resistance movement reflects not only the desire for foreign forces to leave Iraq, but also a larger regional pushback against U.S. and Israeli interests. The implications of these actions on the stability of Iraq and the region are yet to be seen. However, the persistence of these groups in their resistance, coupled with the alleged covert activities of the U.S., paints a picture of a brewing conflict that could significantly alter the political landscape of Iraq and the Middle East.