🔥 Iraqi Dinar 🔥 Shocking: Rushing to Banks with 3-Zero Notes! RV Imminen...

Do electronic payments reduce the printing of fiat currencies in Iraq?, 26 FEB

Do electronic payments reduce the printing of fiat currencies in Iraq?

Economy News – Baghdad

The Central Bank of Iraq expected on Monday that electronic payments would reduce the printing of fiat currencies in the coming years.

The Director of the Operations and Settlements Department at the Department of Information Technology and Payments, Zaid Humaid Rashid, said in a statement followed by the “Economy News” agency, that the bank provided the infrastructure for electronic payment operations, by spreading culture and awareness of this subject and applying the decisions of the Council of Ministers,” noting that “these decisions can be applied with settlement systems to activate a reciprocal through which these decisions are implemented.”

He added that “every new work can face some obstacles, problems and mistakes at the beginning, and we are working to find solutions to these obstacles,” pointing to “establishing workshops and meetings in this regard, to review a number of figures that proved the success of the project and the acceptance of citizens.”

Rashid continued that “any problem or hinderance is a complete cycle and every party has a role in that, such as the Central Bank and government banks that have missed the existence of their own regulations, which was the main reason for these problems.”

He explained that “electronic payment will reduce the printing of paper currency as well as the strategic benefits of the country in general and the citizen in particular.”

https://economy-news.net/content.php?id=40865

"RV UPDATE: " VIETNAM IS SHOWING MOMENTUM"" BY GOLDILOCKS, 26 FEB

GOLDILOCKS 

We expect Việt Nam’s export orders to continue increasing in the months ahead due to the surprising strength of the US economy, as evidenced by the highest level of US consumer confidence since the COVID reopening boom.”

"The resulting broad-based economic recovery (in exports, manufacturing, and consumption) should boost earnings for a range of listed stocks, enabling active managers to outperform the broader stock market." 

Vietnam is showing trading statistics that indicate a self-sustaining economy that is growing, and even has, greater potential going forward. 

At this point, Vietnam is showing momentum. When a country starts to show a trade surplus, it indicates that a demand for a country's goods and currency is in higher demand. Thus, creating the need for an increase in a country's currency value.

© Goldilocks

https://vietnamnet.vn/en/vietnam-export-recovery-gains-momentum-2252714.html 

https://globaledge.msu.edu/countries/vietnam/tradestats

https://www.investopedia.com/ask/answers/041515/how-does-balance-trade-impact-currency-exchange-rates.asp#:~:text=If%20a%20country%20exports%20more,the%20currency%20appreciates%20in%20value.

Iraqi Dinar🔥Rv Update By Guru Nader From The Middle East-Iraqi Dinar New...

Does deleting the currency’s zeros affect its value? An economist explains, 26 FEB

  Does deleting the currency’s zeros affect its value? An economist explains

 Economic expert, Durgham Muhammad, said on Sunday that deleting the currency’s zeros does not conflict with its value, explaining what needs to be taken before resorting to this step.

Muhammad told Jarida, “Deleting the currency’s zeros is a regulatory process that does not conflict with its value, but this step needs educational campaigns to precede it, and a transitional period for trading the currency with its zeros and the new currency to know that the two currencies are equal in value.”

He stressed, “Printing new denominations must be proportional to the market’s need to cover daily trading, provided that there is no significant increase in the monetary supply in the market so that inflation does not occur.”  link

"RV UPDATE" BY MILITIAMAN, 26 FEB

 Militia Man 

 They're talking about deleting the zeros again...We're not talking 1, 2 or three articles...

 Article quote:  "The issue of deleting the zeros and splinting the dinar has become a topic that causes a lot of reflection and controversy in economic circles..."  

 If you go from 1310 to something back to a 'previous era'...is a big move ...Article quote: "When this is done correctly we can expect...a strong dinar that is considered a store of value and perhaps even stronger than the dinar that was before 1980."

 Iraq is going to explode with growth.  We all know that...You're going to provide thousands  and thousands of jobs and build 10 industrial cities, millions of homes...it creates a lot of growth.  It creates a lot of jobs...    

Evening News with MarkZ. 02/26/2024