The Baghdad dollar faces a “big withdrawal” at the beginning of the week, but the exchange rate is stable, 18 FEB

 The Baghdad dollar faces a “big withdrawal” at the beginning of the week, but the exchange rate is stable

Baghdad – 964

The exchange rates of the US dollar, on Sunday evening, did not rise in the offices and exchange companies in Baghdad despite the high demand for large quantities of foreign currency and the scarcity of supply, as prices remained at the level of 152.5 thousand dinars per $100 denomination due to the return of the work of the main exchanges and the central bank auction, which helped to fuel high demand.Baghdad dollar ends its week near 152.5. The changers felt the ‘end of tension’ with the AmericansBaghdad dollar falls slightly in the hope of “desecurity tension”. 152.300 Tuesday evening

The last price on the Al-Kifah Stock Exchange, this afternoon, was 152,300 dinars per paper.

Direct selling prices in the main exchange companies and their offices in the areas of Baghdad, this evening, ranged between 152.500 and 153.500 dinars per card, against purchase prices ranging from 152.250 to 151.000 dinars, which are the same prices recorded on Saturday with small differences.

Exchange rates at the offices of exchange companies in Baghdad areas were as follows:

The struggle – the shorja

Sale: 152.500

Purchase: 152.250

Al-Harthiya

Sale: 152.500

Purchase: 152.250

Al-Adl District – Al-Rabi Street

Sale: 152.500

Purchase: 152.250

Al-Mansour

Sale: 153.500

Purchase: 151.500

Ziona

Sale: 153.500

Purchase: 151.000

https://964media.com/315167/

"RV UPDATE" BY MNT GOAT, 18 FEB

 Mnt Goat 

 Question:  We all have like 25000 dinar notes after the 2 extra zeros are gone and we can go to FOREX will we have any problems cashing them in at the new FOREX rate after the month is over?

  Mnt Goat:  So, there is no time period set for exchanging our dinars outside of Iraq. However, having said this, we must refer back to Dr Shabibi’s media news interview years ago when he said in about 10 years after the reinstatement the CBI would null and void these 3 zero (not 2 zero) notes that we hold...

"...it was decided to transfer all financial transactions electronically through the (POS) point of sale system in traffic departments in Baghdad and all governorates instead of cash dealing.” ...it is a borderline “WOW!” article for us today as Dinar investors. ...electronic banking and POS has been on the radar and will continue to be pivotal in the monetary reform process.... It is a very good step, a sign in the right direction and may help take the demand off the dollars thus reducing the rate in the black market for the dollar.

Dinar RV Breaking News🔥Urgent!💣Iraq's PM Sudani Discusses Sovereignty & ...

Accompanied by a parliamentary delegation. Oil Minister arrives in Cairo to participate in Egypt Energy Conference and Exhibition, 18 FEB

 Accompanied by a parliamentary delegation. Oil Minister arrives in Cairo to participate in Egypt Energy Conference and Exhibition

Baghdad Today – Baghdad

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayyan Abdel Ghani arrived on Sunday (February 18, 2024) in the Egyptian capital Cairo to attend the Egypt Energy Conference and Exhibition for the year 2024.

The media office of the Minister of Oil said in a statement received by "Baghdad Today", that "the Iraqi delegation alongside the minister included both the head of the Oil, Gas and Natural Resources Parliamentary Committee Haibet Al-Halbousi, as well as members of the parliamentary committee Dergham al-Maliki and Ali Ghulam," noting that "this conference is a reflection of the series of works through which the ministry seeks to communicate with oil ministers in all countries to enhance energy in Iraq."

The head of the parliamentary oil and gas committee, Haibet al-Halbousi, said according to the statement that "the committee supports the Ministry of Oil and Iraq in general in the refineries of developed countries in the fields of oil, gas, electricity and others "

He added that "the Iraqi economy depends in large proportions on the oil sector, and although we aspire to expand sources of income, we want to increase the interest in the oil sector in its entirety."

The Iraqi delegation was received by Egyptian Petroleum Ministry Undersecretary Sherif Hassaballah and a number of officials, according to the statement.

"COMPLETE MR. IT GUY BANK STORY" BY MILITIAMAN, 18 FEB

 Militia Man 

 [Mr. IT Guy Bank Story] 

 My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took  it upon himself to call the branch yesterday.  He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.  

The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in  after the revalue..

As soon as it hits Forex he's going to start making  phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for  those customs that are planning on leaving the establishment with large sums of cash... 

 MILITIA MAN: ...Is it a coincidence that  this expert came out tonight and talked about deletion of the zeros?  We're going to find out.  It's pretty interesting stuff. 

Iraq The Elephant in the Room URGENT Info for IQD Investors #iqd Rate BY SANDY INGRAM

Setting the date for launching the application for the "e-visa" in Iraq, 18 FEB

 Setting the date for launching the application for the "e-visa" in Iraq

Economy News - Baghdad

Today, Sunday, the Ministry of Interior set the date for launching the application for the electronic "visa", while indicating that it has launched it gradually.

The director of the Directorate of Civil Status, Passports and Residence in the ministry, Major General Nashat al-Khafaji, told the official agency, and was followed by "Economy News", that "the issue of launching the electronic (visa) is among the projects that the Ministry of Interior has worked on."

He pointed out that "the mechanism of work to launch the electronic (visa) began gradually through the opening of the first tourist entry visa," noting that "the usual features and multiple visits will be launched sequentially."

He added, "It is hoped that at the end of next month, the rest of the features will be launched and applied for electronically.