Iraqi Dinar update for 12/24/23 - Iraq closing out the year on a good note BY PIMPY

An economic expert confirms the possibility of following the movement of the dinar, 25 DEC

 An economic expert confirms the possibility of following the movement of the dinar

An economic expert confirms the possibility of following the movement of the dinarInformation / Baghdad…

On Sunday, economic expert Safwan Qusay confirmed the possibility of Iraqi banks to follow the movement of the dinar and buyers of goods and merchandise from abroad, through new electronic cards and the shift towards the digital economy.

Qusay told Al-Maalouma, “Iraqi banks can move towards monitoring the movement of the dinar through banking and governmental measures that push towards a shift towards working with electronic cards.”

He added, “The government’s tendency is to shift from storing money in homes to putting it in banks via electronic cards, and thus investing the dinar after it is with the banks so that it can be redisbursed in the form of projects and job opportunities.”

He stated that “banks will have the opportunity to track the dinar and know buyers of goods from abroad, as the current government seeks to transfer the economy and turn it into a digital economy and attract more investments, as well as achieving economic security and controlling the movement of hard currency and the dinar at the same time.”

almaalomah.me

Iraqi Dinar News PARALLEL EXCHANGE RATE, PAYING WITH IQD FOR DINNER /OIL...WITH CHELLA SMITH

JUDY NOTES, 25 DEC

JUDY NOTES

Global Currency Reset: 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. Everything was done. Everyone was just waiting for the Green Light.

• Sat. 23 Dec. MarkZ: A Bond Holder told me he had a Notary come over on Fri. 22 Dec. to sign papers for Reno.  A number of Farm Claims have received a $150 deposit direct from the US Treasury.
• Sat. 23 Dec. Wolverine (from a member): I live in a very small town and called my local banker at Wells Fargo. I asked the bank manager if the bank was ready for re-evaluation of currency.  He said they were all ready and fully trained and when the green light goes on his bank will be able to take any currency in any denomination.  He said he was waiting on the green light.
• On Sun. 31 Dec. 2023 the USD will be removed from ATMs and returned to the US Treasury for recycling.
• On Mon. 1 Jan. 2024 the new gold/ asset-backed US Note cash will be introduced into the ATMs.
• On Mon. 1 Jan. 2024 the new Quantum Financial System (QFS) and Global Currency Reset will officially launch on the new Star Link Satellite System for the general public of BRICS participating nation’s gold/ asset-backed currencies.
• On that same Mon. 1 Jan. 2024 the BRICS Gold/ Asset-backed XRP Digital Currency would officially be considered the Global Standard for international trade, with all participating nations’ currencies trading at a 1:1 with each other.
• After Mon. 1 Jan. 2024 people will start to be called into financial centers to collect their Quantum Financial Center assets, with a Confidentiality Clause put in place.
• Five days after RV begins the public will have access to Med Beds. Treatments are free, with children having critical medical conditions going first.
• XRP WILL NOT BE THE NEW GLOBAL RESERVE CURRENCY: https://youtu.be/RcMajYeqvvc?si=XSKnq6BJNW0y76Ak
• Social Security increases of $2,000-$3,000 per month will begin in Jan. 2024. The R&R lump sum payments will begin for those 62 and older on 5 Jan. 2024 and beyond to the end of the month. Ages 30-50, 50-61 will have their R&R paid out monthly over two years time with the requisite that they keep their job, or get a job.
• The Federal US Dollar will no longer be used after Feb. 20 2024.
• https://dinarchronicles.com/2023/12/25/restored-republic-via-a-gcr-update-as-of-december-25-2023/

A government source reveals the Sudanese measures to reduce the dollar to its official price, 25 DEC

 A government source reveals the Sudanese measures to reduce the dollar to its official price

Baghdad Today – Baghdad 

Today, Sunday (December 24, 2023), a government source revealed measures by Prime Minister Muhammad Shiaa Al-Sudani to reduce the dollar exchange rate to its official price (1,320 dinars).

The source stated to “Baghdad Today” that, “In light of the positive developments witnessed by the exchange market in the interest of economic stability, the Prime Minister directed the formation of a joint (Iraqi-Turkish) committee representing market forces and Iraqi and Turkish economic organizations between the two countries and including, on the Iraqi side, the Association of Iraqi Banks.” The private sector, the Iraqi-Turkish Business Council, the Federation of Iraqi Chambers of Commerce, the Iraqi Contractors Union, and its counterpart from the Turkish side, and the committee meets semi-annually and submits its reports to the Prime Minister, in a way that serves the strategic partnership between the two neighboring countries.

Al-Sudani also directed, according to the source, “to open a direct dialogue on the issue of (the equal deal) through direct negotiation with the Turkish Exporters Union and the Turkish Central Bank in coordination with the Central Bank of Iraq due to the Turkish party’s high desire to pay in the local currency, to finance part of the four price support baskets.” Food, pharmaceutical, construction, spare parts) proposed by the Prime Minister in his defense policy for price stability in Iraq.”

It is noteworthy that the dollar in local markets is witnessing a noticeable decline, as it recorded 150,000 dinars to the dollar this evening, Sunday.

Media Advisor to Prime Minister Hisham Al-Rikabi said, “The battle with the dollar is nearing its end.”

Al-Rikabi wrote in a tweet on the (X) website this evening, “The will of the Sudanese government to carry out reform within the financial institutions in Iraq and the insistence on correction were important factors in strengthening confidence between Baghdad and Washington, and constituted a positive step in achieving success within the banking sector, as we said previously.” We confirm this today: our battle with the dollar is nearing its end.”

https://baghdadtoday.news/238501-%D9%85%D8%B5%D8%AF%D8%B1-%D8%AD%D9%83%D9%88%D9%85%D9%8A-%D9%8A%D9%83%D8%B4%D9%81-%D8%B9%D9%86-%D8%A7%D8%AC%D8%B1%D8%A7%D8%A1%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%84%D8%AA%D8%AE%D9%81%D9%8A%D8%B6-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D8%B3%D8%B9%D8%B1%D9%87-%D8%A7%D9%84%D8%B1%D8%B3%D9%85%D9%8A.html

"RV UPDATE" BY PIMPY, 24 DEC

  Pimpy  

If they're going to make a change at all it's going to be happening at the end of this month or at the beginning of next month.  It's too expensive, too chaotic, not to mention it's very disruptive of the economy because people have to turn around and re-budget everything and that takes time and nobody want to go through that hassle partway through the year .  If it's going to happen it's going to happen between now and the beginning of next month.

Remember the goal is to become a cashless society...Just because they're doing away with the US dollar has nothing to do with them changing the Iraqi exchange rate.  I did say IMO towards the end of the first quarter, the beginning of the second quarter you might see a bump in the Iraqi dinar exchange rate only because of supply and demand.  If they do away with using the US dollar and they start using Iraqi dinar more in country, that's going to strengthen the Iraqi dinar.  Plus there's going be a much larger demand for the Iraqi dinar because the dollar won't be around anymore for them to use...

Sudanese Advisor: The government's battle with the dollar is nearing its end, 25 DEC

 Sudanese Advisor: The government's battle with the dollar is nearing its end

   Baghdad 

The media advisor to the Prime Minister, Hisham Al-Rikabi, confirmed today, Sunday, that the Iraqi government’s battle with speculators in the dollar exchange rates is nearing its end .

Al-Rikabi said in a blog post on the “X” platform, which Al-Ghad Press viewed, that “the will that the Sudanese government possesses to carry out reform within the financial institutions in Iraq and the insistence on correction were important factors in strengthening confidence between Baghdad and Washington, and constituted a positive step in achieving success.” inside ".

He added: "We said it before and we confirm it today. Our battle with the dollar is almost over ."

Today, Sunday, the local markets witnessed a decline in the exchange rates of the dollar in the parallel market to 150 thousand dinars .

Yesterday, Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the dollar exchange rates in the parallel market began to approach the official price set at 1,320 dinars per dollar after the recent measures taken by the Central Bank and the Iraqi government .

Earlier today, Sunday, the United States pledged to continue providing “dollar services” to Iraq in the interest of economic stability .

The US ambassador to Baghdad, Alina Romanowski, said in a blog post seen by Al-Ghad Press that the United States “continues its cooperation with the Central Bank of Iraq. Many Iraqi banks have now formed relationships with international banks for the first time, which is a positive step in making progress in reforming... The banking sector".  LINK