Tuesday, January 30, 2024

"RV UPDATE" BY WALKINGSTICK, 30 JAN

  Walkingstick 

 The electronic platform that Aki's bank is doing are being done in all the banks around the world linking up to the CBI.  The citizens from here to there, Visa/Mastercard, all these accounts, this is a big deal...This is the door that is opening up for the Iraq dinar to float. 

 At any time of notice the next step in the monetary reform IMO will be very quickly at a moments notice. 

 They are now in Davos... Iraq's monetary reform is a hot topic because Iraq's monetary reform is restoring confidence in the Middle East...These conferences are only by invitation only.  To see Iraq there and to be the star at the Davos meeting tells us Iraq is no longer with a program rate.  It is an impossibility...

Movements before they release the lower denoms and new exchange rate we expected to see this... 

December was to have everything ready in place to go.   January all these systems are being implemented through the monetary reform education.  From private banks like the one Aki [Iraqi bank friend] represents to international markets as of today January 15, 2024 they're all international now.

  It's what we expected...there's not more to say...because everything now is in print...

https://dinarevaluation.blogspot.com/2024/01/rv-update-by-walkingstick-17-jan.html

  • Mon. 15 Jan. In Dec. Walkingstick: Everything was ready in place to go. During Jan. all systems were being implemented through the monetary reform education.  As oftoday 15 Jan. they’re all international – from private banks like the one Aki [Iraqi bank friend] represents to international markets. It’s what we expected. There’s not more to say because everything is in print now.

Evening News with MarkZ. 01/30/2024

Iraqi Dinar Strength, The Revolution Behind a Surprisingly Strong Currency

Al-Sudani renews his call for Tunisian companies to invest in Iraq, 30 JAN

  Al-Sudani renews his call for Tunisian companies to invest in Iraq

Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani called on Tunisian companies to participate in projects, investment opportunities, and infrastructure construction in Iraq, while stressing the importance of economic integration and the success of the upcoming Iraqi-Tunisian committee meetings in Baghdad.

The Prime Minister's Media Office stated, in a statement received by Al-Iqtisad News, that "Al-Sudani received the Ambassador of the Republic of Tunisia to Iraq, Shukri Al-Latif, where, during the meeting, they discussed the horizon of joint cooperation between the two brotherly countries, and ways to strengthen relations at various levels and fields, in a way that would benefit "In the interest of the Iraqi and Tunisian peoples."

Ambassador Shukri Latif conveyed the greetings of Tunisian Prime Minister Ahmed Saleh Al-Hashani to Al-Sudani, his appreciation for Iraq’s positions, and the sincere desire to expand the strategic partnership and strengthen friendship between the two countries, which Tunisian President Kais Saied espouses, according to the statement.

He also conveyed to Al-Sudani a written message from Al-Hashani, which included sending an official invitation to the Prime Minister to visit Tunisia, in order to discuss ways to diversify areas of cooperation, raise them to the highest levels, and confirm the trend towards constructive joint work.

The Prime Minister expressed his "appreciation for the invitation and responding to it as soon as possible," stressing "the importance of mutual support in international forums and Tunisia's position on the Palestinian issue."

Al-Sudani also renewed his "invitation to Tunisian companies to participate in projects, investment opportunities, and infrastructure construction in Iraq, and the importance of economic integration and the success of the upcoming Iraqi-Tunisian committee meetings in Baghdad."    link

"RV UPDATE" BY MNT GOAT, 30 JAN

 Mnt Goat  

 Article:  "NATO CONFIRMED TODAY, TUESDAY, THAT IRAQ IS A REGIONAL LEADER IN THE REGION AND IS TODAY MORE SECURE AND STABLE"  

Quote:  "...the NATO mission is an advisory mission, not a combat mission, and that Iraq is a regional leader in the region, and is safer today and stability."   This was nice to hear that they believe Iraq is SAFER and STABLE. This is what we need.

CBI CONTACT INFO: 

...the hot topic in the CBI, as my contact told me...

is that the CBI is working towards getting the parallel black market rate in check with the “official” CBI rate of the dinar

I asked my contact why the past plan to end this crisis has not yet ended it? I was told it is taking more than expected for the measures underway to take hold, but that they will eventually end the crisis and the rate will come down...

 I then asked about the “basket of currencies” we been hearing about to re-peg the dinar. 
I was told this is coming but they can’t peg the current in-country rate until they resolve the parallel market crisis and move to FOREXThis is exactly what I wanted and needed to hear. This falls directly in-line with the 2011 Dr. Shabibi plan I have talked so much about already. So all is very good in my eyes as far as this process goes.

Salah talking again BY NADER FROM MID EAST

The Bank of Jordan links Iraq through an electronic system with four Arab countries, 30 JAN

The Bank of Jordan links Iraq through an electronic system with four Arab countries

The Bank of Jordan announced, today, Tuesday, the opening of its branch in Iraq, confirming that Iraq is linked to an electronic system with four Arab countries, while indicating that the Central Bank is making great efforts to develop the banking sector in Iraq.

The General Manager of the Bank of Jordan Group, Saleh Hammad, told the Iraqi News Agency (INA): “Iraq includes a strategic investment market that has all the elements of a successful investment, so we are keen to be present in this market that leads to joint investments between Iraq and Jordan.” .

He explained, "Joint investments need financial products and services that meet all the requirements of various segments of businessmen, investors, and companies. Therefore, the value that any external institution will add to Iraq is the new technology that it can introduce on the basis of providing financial services.

He continued, "Financial services are not limited to technological luxury, but have become one of the basics of financial institutions, to improve their services and digital transformation, to meet customers' needs around the clock."

He pointed out that "the Bank of Jordan seeks, through its presence in Iraq, to meet the needs of its customers, whether Iraqis or Jordanians, by exploiting its network and electronic systems in the region of the Arab countries in which it is located."

He stated, “The Bank of Jordan is present in many Arab countries, including Iraq, Palestine, Bahrain, and Syria, and now we are in the process of opening a branch in the Kingdom of Saudi Arabia. Therefore, we see that there is integration and trade exchange between these countries in an electronic system, where the customer or investor can view... This system and the exchange of his money very easily,” stressing that “there are continuous efforts to improve the system existing at the Bank of Jordan.” 

Hammad stressed that "the Bank of Jordan can implement the electronic system in Iraq."
He pointed out that "there is joint cooperation with the Iraqi banking sector and the Governor of the Central Bank, and previous conferences were held between the Jordanian banking sector and the Iraqi banking sector, in order to improve the infrastructure and electronic services in Iraq."
He continued: "There were great joint efforts to provide support through existing expertise in Jordan, such as (Kalak) services, paying electronic bills, providing all requirements, and other services."

He pointed out that "the Central Bank of Iraq is making great efforts to develop the banking sector in Iraq, as it has taken a serious and strong approach to modify the system, and I believe that they are moving at a very good speed to shorten the time gap, to reach the ranks of developed countries with these services."

He believes that “one of the large, promising markets is the trade exchange between Iraq and Jordan, due to the geographical proximity between the two countries, so shipping and transportation operations are very easy, and this is what we seek in economic integration, which could generate a nucleus for investments that can compete in the Arab region.” link