DINAR REVALUATION

Sunday, February 11, 2024

Iraqi Dinar News IRAQ MOVES FORWARD DESPITE CONFLICT Digital Transfer Or...BY CHELLA

"RV UPDATE" BY MILITIAMAN, 11 FEB

Militia Man

There's evidence the project to delete the zeros off the exchange rate is underway or is still on the table. It exists and that's because of who said it. We know Al-Alaq has said it and it's been referenced to one of his financial advisors...Saleh.

What I like about the Iraqi dinar...is there's progress and there's been progress...The bottom line is ever since Al-Sudani has taken the helm...things have progressed immensely.

Article quote: " The World Bank praises electronic payment systems in Iraq the best in the region."

So they're praising Iraq as being the best in the region... Article quote: "The infrastructure of the electronic payday system and software systems in Iraq is among the best systems in the region according to the Iraqi central bank"

Why don’t you punish UAE banks as well? An Iraqi expert opens fire on Washington, 11 FEB

Why don’t you punish UAE banks as well? An Iraqi expert opens fire on Washington

Baghdad – 964
The Iraqi economic expert, Manar Al-Obaidi, asked a group of questions about the file of American sanctions imposed on a large number of Iraqi banks, indicating that Baghdad is not the only one that deals with Iranian trade, but rather the UAE and Malaysia do so, as do some British banks and other economic bodies, and he suggested that Iraq attract Foreign advisors to participate in negotiations with Washington on a matter whose consequences appear to be significant.

America’s sanctions on Iraqi banks are based on “suspicion” and we need the Ministry of Foreign Affairs…a banking expert
Manar Al-Obaidi, in an interview with journalist Ahmed Al-Tayeb, followed by Network 964 :
There is always a question to be asked, why does the United States place sanctions on Iraqi banks? In fact, if we look at the surroundings of Iraq and neighboring countries, we find that many of them do not adhere to the sanctions.

The best evidence of this is the volume of trade exchange between Iran and the UAE, which amounts to $17 billion. Iranian oil is also sold to Malaysia and then transported to China, amounting to $29 billion.

Two days ago, a report was issued by the famous Financial Times newspaper, talking about two British banks facilitating money transfers to Iran, so the world is not completely controlled, and Iraq is not the only one not in compliance.

There is a gap in the political dealings with the American side. The Americans do not know the nature of the relationship with Iraq. Sometimes they say that they are with us, and at other times they are against us.

Today, any country in the world has economic relations with Iran, but why does the American side not impose sanctions on these countries, simply because these countries have lobbies led by businessmen under the principle of common interests, so I think that the problem with Iraq is the lack of a body that conveys the Iraqi point of view away from… The government side. If we look at the channels of communication between the Iraqi and American sides, the only channel is the official bodies.

I am not with the idea that there are no sound Iraqi banks. Certainly there are sound banks, just as there are banks that do not deserve to be called banks. But the problem with the banks in general is that they did not bring in foreign advisors capable of sitting with the US Federal Reserve and the US Treasury to understand the quality of the sanctions. imposed, and in fact there are banks that do not yet know why they were punished.

The impact of the sanctions did not stop on the sanctioned banks themselves. Rather, even the non-sanctioned banks no longer know what measures they are supposed to take to protect themselves from the sanctions. Here we must not just throw the ball in the government’s court, but rather the banking sector must create a team of foreign advisors that It has relationships with the Treasury and the Fed, going beyond the idea of government communication.

964media.com

Iraqi dinar 🔥big change happening this week 🔥Iraqi dinar latest update

An “accounting” delegation from the Kurdistan government arrives in Baghdad, 11 feb

An “accounting” delegation from the Kurdistan government arrives in Baghdad

Shafaq News / A joint “accounting” delegation from two ministries and the Office of Financial Supervision in the Kurdistan Regional Government arrived on Sunday in the federal capital Baghdad.

The Ministry of Finance and Economy in the regional government said, in a statement received by Shafaq News, that “a technical delegation from the Kurdistan Regional Government consisting of the Ministry of Finance and Economy, the Ministry of Natural Resources and the Office of Financial Control of the Kurdistan Region arrived in Baghdad.”

https://www.shafaq.com/ar/كوردســتانيات/وفد-محاسبي-من-حكومة-كوردستان-يصل-الى-بغداد

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 11 FEB

Frank26

[Iraq boots-on-the-ground report]

FIREFLY: A representative from the CBI is talking to us in great detail about the new coins they will be giving us with the new currency notes...He said to us once again, the process to delete the zeros is in the process. It made us smile. He said this process is occurring because the lower notes will not be needed if the rate wasn't increasing. He said if the CBI didn't come out with these lower notes the monetary reforms would be a disaster. He said that's why we need a change in our rate...

FIREFLY: Big campaign to get citizens to trust the Iraqi banks starting today.

FRANK: This is the last part of the monetary reform education. Congratulations!

FIREFLY: Sudani is not playing games with anybody. It looks like he's working hand in hand with the US Treasury...Television now shows Rafidain Bank doing investigations on smuggling of the dollar...There's no end to the amount of corruption...

FRANK: Your corruption is amplified by Iran...that's why you have not had the new exchange rate or lower denoms...but it is really being curtailed...controlled...Pay attention to the leadership in your country removing the corruption...