Thursday, January 11, 2024
In the document.. The Central Bank addresses banks and announces its readiness to meet the demands of its customers from the dollar, 11 JAN
The Central Bank of Iraq addressed, on Thursday, banks’ readiness to meet the requests of their customers from the cash dollar according to the controls it announced previously.
I’m Electronic Blackmail In Iraq. Daily Crimes And A Law Of Its Age Of Decades

"RV UPDATE" BY MARKZ, 11 JAN
MarkZ
[via PDK] Some of my contractor contacts are back in Iraq now after the holidays and they are hearing very positive things for this month. Their expectations are running extremely high right now.
Question: I am hearing dinar $3.81 and dong .47…is that what you are hearing ? MarkZ: That’s not what I am hearing but I would be ok with it. That would still be fantastic. But I am hearing higher rates than that.Evening News with MarkZ. 01/11/2024
Al-Sudani chairs meeting to discuss Ernst & Young proposed plan, 11 JAN
Al-Sudani chairs meeting to discuss Ernst & Young proposed plan
Shafaq News / Iraqi Prime Minister, Mohammed Shia Al-Sudani, discussed the restructuring plan presented by Ernst & Young company for Rafidain Banks, emphasizing the need for the plan to be practical and not a reproduction of previous experiences.
The meeting was chaired by Al-Sudani included representatives from Ernst & Young, the Minister of Finance, the Governor of the Central Bank of Iraq, and economic advisors to the Prime Minister, as stated in a press release.
During the meeting, the initial draft of the company’s plan to organize and restructure Rafidain Bank was discussed. According to the statement, this aligns with the government’s direction to reform the banking and financial sector. Several observations were recorded on the draft plan with the aim of modifying it before proceeding with its implementation.
Al-Sudani stressed the importance of the plan being practical and not a replication of past experiences, ensuring it achieves the intended goals. He expressed the government’s readiness to provide all necessary facilitations for the successful implementation of the transformation and restructuring, a crucial part of the government’s program for financial and banking reform.
The Iraqi Prime Minister emphasized the urgency of swift implementation to ensure the success of the required plan and achieve tangible progress within the framework of economic reform.
https://www.faceiraq.org/mobile/#google_vignette
"RV UPDATE" BY FRANK26, 11 JAN
Frank26
They are doing what the monetary reform requires right now. That is for the Iraqi citizens to now be in position to receive the lower denoms, the fils and a new exchange rate. It's all being done by the process of removing the American dollar and increasing the confidence, the value, the usage of the Iraqi dinar...
These institutions [WTO etc] want Iraq to join them because they know Iraq is about to go into a float state. Let's look for 1 to 1200, 1 to 1,000, 1 to 1. Let's look for a change that is dramatic enough for it to be allowed to be released into the international theater. Within the next 5 days I'm very curious to see what the exchange rate will be after the 15th . Very curious to see if they're going to leave it at at penny stocks or are we improving?MARKZ: 🚨 Bond Market Buzz: Funding Reportedly in Place 💼💰
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