"RV UPDATE" BY NADER FROM MID EAST, 3 MARCH

 Nader From The Mid East

   A lot of good news come out yesterday and I'm very happy...You know what?  I'm excited.  I'm very excited what's happening.

  Article:  "Data from the Central Bank of iraq show a decrease in the amount of printed currency by 1.2 trillion dinars between the months of November and December 2023 while indicating this decrease in the amount of currency is the 3rd largest decrease recorded in 20 years..."

  Very good news, IQD decreasing.  Wow.

 The RV will not happen if no one declares the end of the war...we still on war.  In  December 2021 they took troops out... but they never declared the end of the war...and they never took out the international coalition.  

For everything to happen they have to declare the end of the war.  The international coalition have to be out of there.   The soldiers of United States have to be out of there.  Of course they're going to bases in Iraq but they're going to keep friendly bases in Iraq...not for war...I don't think Biden is going to do it.   

https://dinarevaluation.blogspot.com/2024/02/rv-update-by-nader-from-mid-east-27-feb.html

"NEW GUIDELINES AND RULES AND LAWS TO GOVERN STABLECOINS IN ALL THE CENTRAL BANKS" BY GOLDILOCKS, 2 MARCH

 GOLDILOCKS

The Bank for International Settlements has set forth recommendations for Central Banks on supervision and legislative practices of Global Stablecoins. 

Below is a link to a chart that you can read about these regulation recommendations. These recommendations will flow into the Central Bank's guidance for banks. 

Here, we have the beginning stages of a top to bottom mandate of guidelines that will formulate new rules, regulations, and laws to govern Stablecoins. 

© Goldilocks

https://www.bis.org/fsi/fsisummaries//global_stablecoins.htm

FRANK26….3-2-24……IMO…SOMETHING IS GOING ON

Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan, 2 MARCH

 Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan

SATURDAY, 02-03-2024, PM 12:46   KARAR AL-ASSADI  The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, reform of the financial system and the banking sector.

The regional presidency said in a statement received by Noon News Agency, “Barzani met with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, and the two sides exchanged views on strengthening bilateral relations and ways to support the reforms implemented by the Kurdistan Regional Government within the framework of the ninth ministerial formation.”

The statement added, "The two sides discussed reforming the financial system and the banking sector, in addition to discussing the (My Account) project and the digital transformation of public services."

https://non14.net/public/164824

"RV UPDATE" BY MILITIAMAN, 2 MARCH

 Militia Man 

 They're holding this 2023, 24, 25 budget close to the chest.  Why?  Because they need to wait for that special moment in time...  

 Iraq has the attention of the world when it comes to ascension [into the WTO].   We have more than...the WTO, We have the World Bank...the ITC...Saudi Arabia....Armenia, the International Foundation for Corporations...What do they need with that?  They need freedom of capital movement.  That's article VIII compliance...What a time to be an investor in the Iraqi dinar...

 Iraq is going to have a lot of inflows.  They're going to need to make things stable...To be able to defend their currency they're going to need to keep pricing stable...All these guys, the World Trade Organization all know that. 

Clearing a mistake up and responding to comments 03/01/24 BY PIMPY

"CBI HAS PROVIDED 5 ALTERNATIVE CURRENCIES TO THE DOLLAR FOR TRADERS" , BY GOLDILOCKS, 2 MARCH

 GOLDILOCKS

CBI Announcement:

Shafaq News / The Iraqi Central Bank (CBI) affirmed on Saturday that it has provided five alternative currencies to the dollar for traders to use in purchasing goods from abroad, using each country's currency through the bank.

CBI’s Deputy Governor Ammar Hamad told Shafaq News Agency that "CBI has made other foreign currencies available for Iraqi traders, including the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee."

He added that "these currencies are now available to traders, aiming to facilitate foreign trade. When a trader imports goods from China, for instance, they can pay in Iraqi dinars to the Iraqi bank, which will then settle the amount with the Chinese company or factory in Chinese currency."

https://shafaq.com/en/Economy/CBI-confirms-provision-of-five-foreign-currencies-alternative-to-the-dollar-for-traders