'RV UPDATE" BY FRANK26, 22 FEB

 FRANK26

If you take one of the new [lower] Iraqi dinar notes and you hold it up to the light you'll be able to see the safety features.  The American dollar has about a dozen markers, the [new lower] Iraqi dinar has over 20 markers.  The state of the art technology of security for toilet paper value?  No, that alone is an important aspect for you to understand...

 When this blessing occurs, where do you go? Do you go to a bank?  Do you go to an American Bank?  

Should you go to Iraq and use an Iraqi bank?  Can I use the kiosk at an airport? 

 Can I use a credit union?  You want to use a large bank.  You want to use a bank that would help you with your wealth and management.  

Don't go to a mom and pop place...We have a bank of interest - [Chase Bank].  Many of you thought it was going to be Wells Fargo.  It's highly possible Wells Fargo will still play a part...We should consider Chase.  We should consider a big state bank...

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-frank26-19-feb_01931694139.html

  The high quality sample sheets [of new lower note dinar samples] are for the employees but eventually when the CBI is ready then they will invite the Iraqi citizens to come to the banks through their apps on their phones...flyers...billboards...television...commercials to come in.  'We would like to introduce you to the new lower notes that we would like to be giving you.'  They'll project these new 1, 5, 10, 20, 50, 100 on the Channel One Iraqi Financial News.

 The process for you to exchange your currency...when you decide it's time...you're going to go to  Chase. 

 You can go to other banks, nothing wrong with that...but I would suggest you go to Chase...What is the Chief Executive  Officer of Chase doing in Iraq right now?  Opening 10 Chase banks...I don't believe in coincidence...I encourage you to consider  Chase because they're going to be able to connect you with IMO one of the most powerful ways to diversify your money.  Yeah, JP  Morgan.

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-frank26-19-feb.html

Whiskey and Wisdom. 02/21/2024

Parliamentarian: The Diversity Of Currencies Accounts For 20% Of Iraq’s Foreign Trade, 22 FEB

 Parliamentarian: The Diversity Of Currencies Accounts For 20% Of Iraq’s Foreign Trade

Information/Baghdad..   Member of the House of Representatives, Baqir Al-Saadi, acknowledged today, Wednesday, that the diversification of the currency basket now accounts for 20% of Iraq’s foreign trade.

Al-Saadi said in an interview with “Al-Ma’louma” that  “the pressure on the dollar and its repeated use as a tool by America to promote its interests in the world, including Iraq,has

     begun to produce adverse results by  introducing the concept of a  basket of diverse currencies as strategic reserves for countries within their central banks, in addition to     bilateral dealing in other currencies.”".

He added, "Iraq actually began to diversify the basket of currencies and     began pumping some of them and     pushing traders to deal with them according to economic mechanisms,      which led to an increase in foreign trade by up to 20%, and this is a positive indicator."

 He pointed out that "the demand to deal in other countries' currencies will reduce the pressure of the dollar on the parallel market and lead to a reduction in its prices, and

thus its impact will no longer be greater," pointing out that "there is a different strategy in the financial dealing mechanisms that will  contribute to protecting hard currencies,  blocking the path to smuggling, and      supporting the sale of... The dollar at official rates.

The parallel market for dollar exchange rates witnessed relative stability in the past weeks despite the pressure due to the decisions of the Iraqi Central Bank by warding off the risks of smuggling and determining import mechanisms. Ended 25 February

https://almaalomah.me/news/56744/economy/برلماني:-تنوع-العملات-يستحوذ-على-20-من-تجارة-العراق-الخارجية

"RV UPDATE" BY GOLDILOCKS, 22 FEB

 GOLDILOCKS

Trading Announcement:

The Commodity Futures Trading Commission has finally approved the following proposed rules:

"Proposed Rule: Regulations to Address Margin Adequacy and to Account for the Treatment of Separate Accounts by Futures Commission Merchants

Proposed Rule: Foreign Boards of Trade

Proposed Rule: Requirements for Designated Contract Markets and Swap Execution Facilities Regarding Governance and the Mitigation of Conflicts of Interest Impacting Market Regulation Functions"

These proposed rules can now go into effect. As you can see, the first one deals with the ability to collateralize and cover swaps getting ready to take place. The second one deals with foreign market exchange guidelines. And the last one, deals with guidelines and requirements that governs swap exchanges and executions such as foreign currency exchanges.

Even though Forex is excluded from many of these guidelines, foreign currency exchanges are subject to reporting rules and the guidelines that govern swap executions taking place with the CFTC. CFTC

© Goldilocks

🔥 Iraqi Dinar 🔥 Closer to 1 to 1 Rate 🔥 News Guru Intel Update IQD Rate ...

Al-Sudani discusses with the US ambassador the files of his upcoming visit to Washington, 22 FEB

Al-Sudani discusses with the US ambassador the files of his upcoming visit to Washington

  Prime Minister Mohammed Shia Al-Sudani discussed today, Wednesday, with the US Ambassador to Iraq, Alina Romanoski, the relations between the two countries, and ways to strengthen them, and confirm the continuation of bilateral dialogue rounds and the Joint Supreme Military Committee, concerned with regulating the termination of the tasks of the international coalition in Iraq.

The meeting also discussed, according to a statement by the Prime Minister’s Office, a copy of which {Euphrates News} received “the files that will be presented during the upcoming visit of the Prime Minister to Washington, the mechanism of cooperation within the strategic framework agreement between Iraq and the United States, and the committees formed in this regard.”
 

https://alforatnews.iq/news/السوداني-يناقش-مع-السفيرة-الامريكية-ملفات-زيارته-المرتقبة-الى-واشنطن

"RV UPDATE" BY HOLLY, 22 FEB

 HOLLY

Got off the press:

* Frank26 just reported 8 nations are ascending into the World Trade Organization Feb 26 thru 29.

* Currency's have to have zero restrictions to do this...

Meaning no sanctions...

* Iraq is one of the 8 nations including Libya, Somalia, Algeria, Lebonese Republic that are ascending into the WTO...

* Iraq has teams of ppl on streets advising ppl to use bank cards instead of Dinar ahead of the switch over.

Easier for everybody buying and selling...easier for compliance...

* Iraq has said it will fix the international trade mechanism for trade on March 1st. This has been out there for over a month already.

* On Monday Frank26 read us an article about the "Bagdad Dollar" is going to plunge...

That is the US Dollar according to he and Walking Stick who he had live on the phone. 

Frank26 is and has previously said it will said it "Bagdad Dollar" is going to have a significant decline.

He implied the three zeros will be coming off...

Means new lower 1, 5, 10, 20, 50, and 100 notes are very soon to hit the streets

* Frank26 has previously said the new lower denominations have to coinside with the new rate in order to be used.

* CBI is sending teams of ppl to sweep US dollars off the streets and business places and advising ppl to use the new debit cards...They are doing this to insure maximum benefit for clients.

Deputy Gov. For CBI stressed importance of the Islamic banking workshop to educate international banks... 

* (Note) not from Frank... Under Sharia banking law currencies must he backed by gold...

All eyes on the 1st week of march for International Iraq!!

-Holly