BANK INQUIRER: I called North Rim Bank, they didn't want to talk to me at all because they said I don't have an account. They said I would have to wait 90 days after opening an account before I could even exchange. We scratched that bank off the list. Then I called The Credit Union One and Alaska USA Credit Union. They told me neither one do exchanges.
FRANK: I suggest you need to go to a major bank ...Go to the state bank...
BANK INQUIRER: I called USAA Bank...they do not do foreign cash exchanges. Then I went to Key Bank...They do foreign cash exchanges in the bank. She looked up the currency and nothing shows yet...They do not have a De La Ru Machine they said they'd have to send it out.
Iraq Is Experiencing High Price Stability And The Decline Of Parallel Market Noise
Time: 02/12/2024 15:02:46 Read: 949 times {Economic: Al-Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq “is experiencing a state of price stability.”
Saleh told Al-Furat News Agency: “The country is experiencing a high state of stability at all price levels, whether in terms of the general level of prices and low inflation growth rates, or in terms of the broad influence of the central exchange market and the foreign currency window in stabilizing the commodity supply prices of goods imported into the country and integrating “The capabilities of the official central exchange market in providing broad financing to the private sector at the fixed exchange rate for foreign trade of 1,320 dinars per dollar.”
He pointed to "high flexibility, whether in applying compliance procedures or in methods of external transfer in various currencies, which has begun to affect the decline of the parallel market and reduce the level of price noise that it previously caused on price stability." LINK
...You don't need to go to a Redemption Center...I bank out of Wells Fargo. I went in there, talked to my manager. He said this if the exchange rate is very large and you end up making a lot of profit off it, 'All you got to do is call, let me know when you come in or just walk in, wave to me so I see you and tell me that you're coming to exchange your currency. We will go ahead and run it through the machine to make sure it's not counterfeit...once we say it's all good we deposit it directly into your account.' ...They don't ask for a receipt. They don't ask where you got it from. They don't ask you about any of that...
I've been following the Vietnam dong closely. With all these corruption cases going on, we're talking about several politicians being sent to jail or going to court. With them cleaning up so much of their corruption I've really been paying attention to the markets and seeing if there's any news coming out about a possible change in exchange rate. I'm not saying it's going to happen but if these are the same people that's holding it down...hopefully they'll allow the exchange rate to increase...It's looking pretty good over there in Vietnam.
Zimbabwe's Finance Minister announced new measures to stabilize its local currency in an online press briefing held Monday. Zimbabwe to back its currency with hard assets such as gold to end exchange-rate instability, Finance Minister Mthuli Ncube said. "The idea going forward is to make sure that we manage the growth of liquidity which has a high correlation to money supply growth and inflation. The way to do that is to link the exchange rate to some hard asset such as gold," said Ncube. He also announced a conference of African ministers that Zimbabwe will host at the end of this month.
China CBDC Pilot Program Beats West to the Punch. Chinas Ministry of Commerce has announced the pilot run of the country's central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. Bitcoin and Facebooks Libra cryptocurrency may eventually be in competition with central bank digital currencies. Source:www.securities.io, www.forbes.com
This invention is a system that teleports a human being through hyperspace from one location to another using a pulsed gravitational wave traveling through hyperspace. Source:patents.google.com
An innovative new answer to the problem of election integrity has been developed that leverages the advantages of blockchain technology to provide one of the most remarkably sophisticated digital voting systems to date, By relying on a crypto-tokenization system (in which every token represents a virtual ballot). Farsight's platform relies on a principle of zero trust, eliminating the dependence on static voting mechanisms to provide equal power and authority to users, assets, and resources. Source: www.marketwatch.com
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar. Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold. Sources: news.bitcoin
Brazil's G20 presidency is focused on leveraging its influence to drive essential reforms within the IMF and the World Bank. The nation aims to enhance the representation of emerging economies, including the BRICS nations, in these institutions. Additionally, Brazil is exploring alternative financial mechanisms like the BRICS Bank to complement the existing global financial architecture. This proactive approach seeks to create a fairer and more inclusive global economic order.
FIREFLY: So far we are not seeing the lower notes but they talk to us about them every day.They just talk to us about them and why we'll need them.
FRANK: They are talking to you about the lower notes and coins because they are about to show them to you next week or the week after. I believe your bank friend will show you something in the sense of pictures...Take as many pictures as you can.
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...