IMF praises central Bank of Iraq for their efforts and measures achieving objectives to their new monetary policies that strengthen liquidity management management. Stressing that these policies lowered inflation and the expectation is to bring stability in the coming months with the increase in the exchange rate of the IQD against the USD. As well as the return of foreign trade financing
This is straight from the CBI website!Sunday, December 24, 2023
"IMF PRAISES CBI FOR THEIR EFFORTS AND MEASURES ACHIEVING OBJECTIVES TO THEIR NEW MONETARY POLICIES", 24 DEC
JUDY NOTES, 24 DEC
JUDY
On Fri. night 8 Dec. the GCR started to roll out when the Admiral in Reno gave the Green Light; Zurich went liquid on Sun. 10 Dec and Whales were being paid; the IMF released the GCR funds to all countries a week later on Sun. 17 Dec;
the Iraqi Dinar was on the back screens of the Forex and was tradable; as of this week US banks had live rates on their bank screens; Sources say Tier4b has a 98% chance of beginning to exchange before Christmas.
A parliamentarian sets a new date for the ministerial reshuffle, 24 DEC
A parliamentarian sets a new date for the ministerial reshuffle, 24 DEC
"RV UPDATE" BY MARKZ,24 DEC
MarkZ
[via PDK] Comment: Exchanges should not be taxed…but, be prepared. MarkZ: That’s the way I look at it...memo from the US State Dept. directly about Iraq...The last sentence says “There are no taxes or subsidies on purchases or sales of foreign exchange.” [NOTE: Always consult with your tax professional at the appropriate time to determine the right tax for your unique circumstances.]
Pretty quiet from Iraq so far today. One of my sources believe the local elections had some effect on our timing and are finishing the ballot counting before they release rates. If hes accurate…the counting should be finished in the next day or so, Possibly as early as today. I have one source in Iraq who believes they will release the rate in Iraq as soon as they finish seating these new electees. Possibly in a day or so or as early as today.
So far this morning - very quiet…no real changes since last night. There is nothing negative…Just no news saying anyone is spending any money yet this morning. Maybe we will get more news throughout the day today.
"RV UPDATE" BY WHITE HATS", 24 DEC
“THE WHITE HATS ANNOUNCED 8 HOURS AGO THAT A VERY IMPORTANT EVENT WILL TAKE PLACE BEFORE THE BEGINNING OF THE NEW YEAR ON DECEMBER 31, 2023… BUCKLE UP YOUR SEAT BELTS…”
TIDBIT FROM WALKINGSTICK, 16 JAN
Walkingstick The monetary reform education is extremely fast. They are now all the way to the point where they are past the basket...
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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...