The Central Bank announces expected decisions to support the Iraqi dinar, 5 JAN

The Central Bank announces expected decisions to support the Iraqi dinar

The Central Bank of Iraq revealed, on Friday, measures and decisions expected to support the dinar and maintain its strength against other currencies, and other measures that will positively affect the exchange rate, while noting that it has taken measures in the field of phasing out the electronic platform.

The assistant director general of the investment department at the Central Bank of Iraq, Mohammed Younis, told the official agency, that “the Central Bank will monitor and follow up all banks, and customer complaints that come back to it in case banks are forced to transfer customer accounts to US dollars,” stressing that “this subject is easy to follow and monitor, and banks that do not comply with this decision will be held accountable.”

Younis added, “This decision and the decisions that will follow in the coming days are all in the interest of supporting the Iraqi dinar and increasing confidence in it,” noting that “what confirms the strength of the dinar and the public’s confidence in it is the continuation of the Central Bank of Iraq and its failure to perform any need of various sectors, as it is now funding the sectors of commerce, electronic payment, travel and other sectors.”

He pointed out that “the coming days will be more measures in the field of meeting all the needs of the market, supporting the Iraqi dinar and maintaining its strength against other currencies,” noting that “the Central Bank, within its new procedures, prevented banks from automatic transfer of customer accounts in dollar to Iraqi dinars, without the consent of the customer, and allowed customers to open accounts in different currencies.”

“What is new in updating the procedures is that it allowed companies that have contracts with the state to receive their incoming remittances, including the salaries of workers, as well as ongoing contracts on grants and loans in accordance with the Council of Ministers,” Younis noted, “The other point is also in this new decision, is to allow banks to agree with their customers to bring their incoming remittances in cash to Iraq.”

He stressed that “these measures will positively affect the exchange rate in the market, and will increase the supply of the dollar, and contribute to serving and supporting important sectors in the economy, including the sectors of exporters and the sector of companies operating in the government field and in the field of infrastructure development and strategic projects, in addition to supporting civil society organizations that contribute to the humanitarian and charitable field in Iraq.”

Younis explained, “The main goal behind this update or these instructions is to expand the largest possible segment of obtaining the cash dollar by meeting its current needs of this dollar, as these instructions were expanded from the beneficiaries of the cash dollar, including civil society organizations, and these measures supported an important segment of the economy, the exporters sector, as it allowed them to obtain 40 percent of the remittances received as a result of their exports and receipt in cash.”

He pointed out that “the decision clearly specified the mechanisms for its implementation by banks, and focused on the subject of incoming transfers, as it allows the receipt of some categories of their incoming remittances in cash,” explaining that “this decision is related to the incoming remittances and not the cash sale of dollars for travelers, as the cash sale to travelers will continue as it is now, in addition to meeting the needs of customers and companies through this decision, and therefore will reflect positively on the exchange rate in the coming days.”

Younis stressed that “there are no restrictions applied to banks in the field of money transfer, because there are procedures in the field of phasing out the Central Bank of Iraq platform by supporting interests to open accounts in foreign banks abroad, and the role of the Central Bank is short to enhance these balances and to follow up on transfers.”

He concluded, “There are no restrictions on the transfer of funds in various currencies within the foreign currency banking system, but this decision is related to the cash dollar (cash withdrawal).”

https://www.nrttv.com/ar/detail3/21249

"THE BIG CALL HIGHLIGHTS", 5 JAN

 Thurs. 4 Jan. 2024 Bruce, The Big Call The Big Call Universe (ibize.com) 667-770-1866, pin123456#

• The RV has happened in Iraq for the Dinar and they have been paying their citizens on back pay, military pay and HCL with the new in-country Dinar Rate.
• The Iraqi Dinar was not yet on the front screens of the Forex, but it was supposed to start Sun. 7 Jan. That’s the first business day in Iraq.
• Bank screens were showing solid rates, while the rates were flashing on Redemption Center front screens. When they stop blinking and go solid on the rates then it’s RV time.
• Two sources say notification to set redemption appointments for Tier4b (Us, the Internet Group) can happen any time between now and Monday 8 Jan.
• Late this afternoon one source said all releases started this weekend – Bond Holders, Tiers A,B, Fines and Penalties, CMKX, Farm Claims, Prosperity Packages, etc.
• Today Thurs. 4 Jan. the update on Restitution and Reclamation (R&R) payments was that notification would start one week after we got our 800 numbers to make appointments for our exchanges.
• Ages 61 and above get a R&R lump sum payment. Ages 42-61 should get their R&R paid monthly over two years. SS increase starts in Jan.
• Yesterday Wed. 3 Jan. some Bond Holders received notification that they would have access to funds in 4-5 days. They would receive 1% and then the rest after 90 days.

🔥Iraqi Dinar🔥A Very Rare News🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

Washington confirms retaliatory strike on pro-Iran militia in Baghdad—follows over 100 attacks targeting US forces, 5 JAN

 Washington confirms retaliatory strike on pro-Iran militia in Baghdad—follows over 100 attacks targeting US forces

On Dec. 8. Austin spoke with Sudani and advised him that Harakat al-Nujaba and Kata’ib Hizbollah “are responsible for most of the attacks against Coalition personnel.”

Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder, Washington, D.C., Sept. 6, 2022. (Photo: DOD/U.S. Navy Petty Officer 2nd Class Alexander Kubitza)

World Pentagon Gen Pat RyderHarakat al-Nujaba PMFMohammed Shia’ Al-Sudani

WASHINGTON DC, United States (Kurdistan24) –  At the Pentagon and State Department, officials confirmed on Thursday that the U.S. had responded to repeated attacks from pro-Iranian militias in Iraq with a drone attack that had targeted high-ranking members of Harakat al-Nujaba.

The group was designated by the U.S. as a terrorist organization in 2019, and already eleven years before that, its leader, Akram Abbas al-Kabi, was designated as a terrorist. 

That was Sept. 2008, when George W. Bush was president. Over 15 years have passed, and the group, which has particularly close ties to Iran, has not only survived, but maintains the capability to attack U.S. forces.

The Baghdad government protested Thursday’s retaliatory strike, as a spokesmanfor Prime Minister Mohammed Shia’ al-Sudani denounced it as “a dangerous escalation and assault on Iraq.”

But as James Jeffrey, who served as U.S. ambassador in Iraq, as well as Turkey, recently explained to Kurdistan 24, Sudani does not control the pro-Iranian militias in Iraq. They “take orders from Tehran, not Baghdad,” he said.

U.S. Strike: First in Baghdad, First Against Harakat al-Nujaba—Despite Austin’s Warning

Thursday’s attack occurred at noon local time. It targeted Mushtaq Jawad Kazim al-Jawari, a.k.a. Abu Taqwa, Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder told reporters later that day. 

Jawari, whom Ryder described as “a Harakat al-Nujaba leader,” was “actively involved in planning and carrying out attacks against American personnel.”

Ryder described the U.S. strike as “self-defense” and stressed that no civilians were injured, although a second person, “an associate” of Jawari, was also killed. 

Indeed, Harakat al-Nujaba had warning from the Pentagon, but it may well have disregarded the subtle signal, given the Biden administration’s previous inaction. 

In early December, Austin spoke with Sudani. The U.S. read-out of their discussion identified Harakat al-Nujaba, along with Kata’ib Hizbollah, as the two militias most responsible for attacking U.S. forces.

Indeed, pro-Iranian militias in Iraq and Syria have targeted troops from the anti-ISIS Coalition over 100 times since mid-October, using the war in Gaza as a pretext for the accelerated rate of their assaults.

As the Institute for the Study of War has said, “Iran and its so-called ‘Axis of Resistance’ are exploiting the Israel-Hamas war to support their objective of expelling US forces from the Middle East.”

But the attacks have met a minimal U.S. response, prompting criticism from various quarters. That includes Amb. Jeffrey in his interview with Kurdistan 24, cited above. 

It also includes The Wall Street Journal, which, on Dec. 26, published an editorial entitled, “Biden Endangers U.S. Troops,” and which noted, “Three more American service members are hurt, as U.S. bases became enemy drone catchers.”

Until Thursday, the U.S. had responded only twice to those attacks: one strike on a militia base south of Baghdad on Nov. 22; a second strike in response to a series of attacks, including on Erbil Airport, on Christmas Day.

Both of those strikes were against Kata’ib Hizbollah, even as the Pentagon, by the time of the second attack, had sent Harakat al-Nujaba a subtle warning. 

Despite the limited U.S. response to the many attacks, following Thursday’s strike, Defense Department journalists peppered Ryder with questions about whether the Pentagon had a legitimate reason to target Jawari. It was as if they had given little thought to the consequences of not responding to such attacks.

In two very limited respects, Thursday’s strike did mark an increase in the robustness of the Biden administration’s response to the militia attacks.

It was the first U.S. retaliatory strike in Baghdad itself. It was also the first attack that targeted Harakat al-Nujaba. 

On Dec. 8, following a flurry of militia assaults—a mortar attack on the U.S. embassy and then other attacks on military bases hosting troops from the anti-ISIS Coalition, including in Erbil—Secretary of Defense Lloyd Austin spoke with Sudani.

Austin welcomed Sudani’s statement, expressed earlier that day, in which he denounced the attacks and vowed “to pursue the perpetrators.” 

Read More: U.S. Cites Iran, as Militias Attack Numerous Sites in the Kurdistan Region, Iraq, and Syria

But, most notably, the U.S. read-out of the discussion between Austin and Sudani included the point that Austin had conveyed the conclusion from U.S. intelligence that “the Iranian-backed militant groups Kata’ib Hizbollah and Harakat al-Nujaba, both designated terrorist organizations, are responsible for most of the attacks against Coalition personnel,” while he had affirmed “that the United States reserves the right to respond decisively against those groups.”

And that is pretty much what the U.S. did on Thursday. 

kurdistan24.net

Coffee with Mark and Mr. Cottrell. 01/05/2024

Thank you MarkZ for all your time, and encouragement daily….. PDK

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Coffee with Mark and Mr. Cottrell. 01/05/2024

Member: Good Morning – Cannot believe its Friday already. 

MZ:  RV news is dry but there is some interesting disclosure occurring. Mr. Cottrell takes a deep dive on how he became the Codeman.

MZ: There is still plenty of people in place on the West coast .

Member: Do the Chinese elders own Wells Fargo?

MZ: They do not own the entire Wells Fargo. It’s a publically traded company…but the families  do own a substantial share…..It’s not enough to rule the bank and tell it exactly what to do. But , they own a considerable chunk.  I have heard they own 20-21 % of the bank.  

MZ: Nader just dropped a good video. About banks forcing to convert all the customer accounts …forcing the transition from US dollars to dinar inside of their banks. .   Be sure to listen ….and like and share it. This is huge…..

MZ: It says the decisions in the coming days is to support the dinar and increasing the confidence in it….aka the exchange rate. 

Member: In October Iraq needed a rate to join the WTO. Then Jan 1 Iraq wasn’t going to use the usd and we would have a rate. Both have come and gone. No rates !

Member: A woman in a chat said her sister has worked in Iraq for 10 years and it's already released in Iraq. We should be anytime, why the holdup??? Praying this weekend is our time.

Member:  Thanks Mark and Mr. C.  Everyone have a great day…..maybe this is the weekend we have been waiting for?

Mr. Cottrell and CBD Guru’s join the stream today. Please listen to the replay for their opinions and information. 

BACKGROUND PODCAST WITH MR. C. 4/21/2023  BACKGROUND PODCAST WITH MR. C. 4/21/2023   https://www.youtube.com/watch?v=jBCd_0prXj8

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics. 

"RV UPDATE" BY WOLVERINE, 5 JAN

Thurs. 4 Jan. Wolverine Call: 

“I have had good info. Looks like we are ready. Lots of movement in Reno. I know whales traveling to Reno to get paid and some whales have got paid. These are AAA whales (high level). 

I was on the audio when that came out. Things are happening. Remain faithful. Hope to hear from Admiral. Nesara/Gesara group is ready to get this thing moving. I wish I could tell you more, but it is confidential. God is with us. When the Admiral gives the Green Light there won’t be a dry eye in the house.

 We will cry. I will cry. The stress has been incredible due to the targeting on me and my family. I want this so much to get this released to move our lives forward and for us to help humanity. When the Admiral gives Green Light, I am sure notifications will come out automatically. What info I got was official. It is happening. They thanked me for the work I have done. God bless you all.”

Iraqi Dinar 3-Zero Notes to Valuable Dinar News Update Dinar IQD Iraqi D...