"QFS CONVERSATIONS" WITH GOLDILOCKS, 17 MARCH

 GOLDILOCKS

"The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the global financial services industry, has seen its Fixed Income Clearing Corporation (FICC) Treasury clearing volumes grow 31% year over year, processing a daily average volume of $7.02tn."

FICC includes products such as Forex, Commodities, and Government Bonds. And, it is important to note that part of this 31% growth year over year includes foreign currency cash transactions with expectations of more growth in the near term. 

This article appears in Hedge Week for a reason. Hedge Funders anticipate growth and get out ahead of the crowd for investment opportunities. 

Currencies around the world are beginning to trade in local currencies, and the expansion requirement by the SEC of DTCC's services could not have come at a more appropriate time.

© Goldilocks

https://www.hedgeweek.com/dtccs-ficc-treasury-clearing-volumes-grow-31/

https://www.hedgeweek.com/sterling-trading-tech-expands-into-asia/

Iraqi Dinar🔥Iraqi Dinar Exchange Rates Inside In Iraq Today 2024🔥iraqi d...

For the first time, dollarization decreased by 20% in Iraqi markets, 17 MARCH

 For the first time, dollarization decreased by 20% in Iraqi markets

The Chamber of Commerce supported a 20% decline in dollarization in Iraqi markets by 2024.

Muhammad Al-Tamimi, the chairman of the Diyala Chamber of Commerce, stated in an interview that “the dollar has turned into the most important trading currency and has the most influence in setting price rules in Iraqi markets.” In recent years, as a result of long-standing blunders and accumulations.”

He continued, “The variables of dealing with the parallel market and aiming to regulate the phenomena of dollarization in Iraqi markets have begun to succeed in reversing the trend towards the dinar, resulting in a 20% decrease in dollarization in the markets by 2024. This is a highly critical issue. Its most notable consequences are the relative stability of the currency rate notwithstanding an increase in international commerce.

He stated that “increasing electronic transactions in exchange for state services is extremely important.” It will help to increase the state’s cash balance and provide more flexibility in paying wages, loans, and funding investment projects.

Dollarization refers to the usage of the US dollar to pay internal trade dues rather than the dinar.

"RV UPDATE" BY BRUCE, 17 MARCH

  Bruce  

 [via WiserNow]

   ...I feel like we're making the final turn on the track. We're getting ready - We're in the homestretch before we cross the finish line..

----

 On Mon. 11 March Admiral Bob was told by the US Treasury that he had the Green Light and to get out notifications to set appointments to his group. Tier4b (us, the Internet Group) was also supposed to be notified  today Tues. 12 March and start exchanges tomorrow Wed. 13 March  but there came up a situation where the IRS was trying to find a way to tax the money. 

That situation was shut down, but it delayed the process for 24 hours. Tier4b should expect to receive notification to set redemption appointments any time from  8pm EST Tues. 12 March to noon on Wed. 13 March and should be exchanging by Wed. 13 March afternoon-evening.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-bruce-14-march_01032947330.html

PM Al Sudani Announcement💣IQD = $1.32 Then Float?🤔Iraq Dinar RV Updates ...

A committee announces that the investment law will soon be presented to the Presidency of Parliament, 17 MARCH

A committee announces that the investment law will soon be presented to the Presidency of Parliament

Today, Saturday, the Parliamentary Investment Committee finalized the Industrial Investment Law in order to deliver it to the House of Representatives’ Presidency and place it on the schedule for its first reading.

Hussein Al-Sabari, Vice Chairman of the Committee, stated, “The committee has put the final touches on submitting the draft industrial investment law and including it for the first reading because of its importance to the country’s investment movement.”

He continued, “All controversial points have been removed,” and emphasized that “the draft law will be presented as soon as possible after all legislative procedures are completed.”

He stated that “the committee has developed a new plan to advance the industrial situation.”

"RV UPDATE" BY MNT GOAT, 17 MARCH

 Mnt Goat 

  ...the Chairman of the Finance Committee stressed, and I quote:   “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.”  

 What they are basically telling the CBI is to follow up and move more aggressively on this issue of increasing the value of the dinar...I believe there is enormous pressure to get the dinar revalued and conduct the 3 zero note changeout (The Project to Delete the Zeros.

There are many who want to force the reinstatement which is like me telling you that on March 19th (first day of Spring) suddenly overnight everything will change and wamoo we will have spring.

 But we all know it doesn’t work this way and so we must make this logical analogy / comparison to our investment the RV. Just like mother nature has a plan for spring the CBI too has a plan and it takes time to execute it