They're going to reinstate it to $3.22 but that was 20 years ago. You think that's fair?
No. Especially for the citizens of Iraq. Why do you think they've kept it at 1310. You wanted 1,200 or 1,000 right? ... If I was the CBI I would have locked that 1310 in place because I would much rather come out at $1.30 or something in that range than just $1.00, it's been 20 years.
New notes, not the 3 zero notes, the new notes - 1, 5, 10, 20, 50 and 100, IMO soon the banks of Iraq will have what I call specimens sheets. The thing about these specimen or sample sheets, whatever you want to call them, are high quality samples. Once the banks explain it to their employees then it's time to show the Iraqi citizens. Not the high quality samples that belong to the banks, but pictures of the...notes and coins. IMO Iraq Channel One will soon be showing the citizens of Iraq the new lower notes...
Information/Baghdad… Today, Wednesday, the economic expert, Nabil Jabbar Al-Ali, warned of the policy of the US Treasury Department and the measures it took against Iraqi private banks.
Al-Ali told Al-Maalouma, “Depriving Iraqi private banks from dealing in dollars will affect the commercial movement represented by import and export through a decrease in foreign transfers granted by the Central Bank.”
He added, “Any sanctions from the US Treasury on Iraqi private banks will affect the exchange rate of the dollar against the dinar.”
Al-Ali pointed to “continuous American controls and pressure on private private banks inside Iraq.”
At the beginning of this month, the Central Bank announced a new list of banks that will be prohibited from dealing in dollars, as the list included the names of eight banks that were not previously on the list.
While the Economy, Industry and Trade Committee intends to hold a meeting with representatives of the Iraqi Private Banks Association and the banks that were included in the US sanctions list.
Once again I am going to report we are being leaned on to not talk about redemption stuff...Especially from banks who we expect to handle transactions and redemptions...They said they really need everyone to stay quiet right now. There is a whole lot I would like to say but right now it would be ill-advised. Just know that I am very happy and content about timing…and yes I think it is soon.
We got another bank story overnight from a wealth manager who is reaching out to clients saying “It is time- get everything prepared” He means to get currency together and make certain they have ID’s updated if needed. He says they are at “Any moment now”.
To me this is really encouraging as a lot of these stories are from bank personnel who used to say…”It’s a scam-don’t do it” when asked about buy foreign currency. Now they are telling me “you were right all along and get prepared”...we will not know the exact timing or the “when” until it actually happens. But they are now openly preparing many of their clients. We are hearing more and more repeat stories about this. But being leaned on hard to not share details right now.
From a member Tressy is saying Shelton has told her no more updates as it is jeopardizes the whole event …. I know it will be soon .. please keep yourself safe !!
AN AMERICAN OFFICIAL SETS A CONDITION FOR STOPPING STRIKES IN IRAQ
Today, Friday (February 9, 2024), an American official set a condition for stopping American air strikes in Iraq.
Al Jazeera quoted an American military official as saying, followed by Baghdad Today, “We made it clear to the Iraqi government that we will not launch strikes if the attacks on our forces stop.”
He added, “We strongly urge the Iraqi government to take action against (the armed factions).”
It is noteworthy that the strike carried out by the United States in Iraq in the middle of this week, which resulted in the assassination of Abu Baqir al-Saadi, a prominent leader in the Hezbollah Brigades , created more tension in relations between Washington and Baghdad, according to a report by the Wall Street Journal.
On Wednesday, US Central Command said that Al-Saadi “was responsible for direct planning and participation in attacks on American forces in the region,” it said.
The spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasoul, said in a statement yesterday that the American strikes “threaten civil peace and violate Iraqi sovereignty.”
He added, “This path pushes the Iraqi government more than ever before to end the mission of this coalition, which has become a factor of instability for Iraq and threatens to drag Iraq into the circle of regional conflict.”
The United States deploys about 2,500 soldiers in Iraq and 900 in neighboring Syria as part of the international coalition established in 2014 to combat ISIS.
Yesterday, Baghdad announced the resumption of talks with the United States, next Sunday, with the aim of discussing the future of the international coalition in the country.
These talks, which aim, according to Baghdad, to “end the coalition’s mission” in Iraq, were suspended in late January after the attack that killed three American soldiers in Jordan.