Central Bank Transfers Outside Iraq Recorded $245 Million
Money and business Economy News – Baghdad Foreign remittance sales rose at the Central Bank of Iraq auction, today, Tuesday, to record $245 million.
Today, during its auction for buying and selling the US dollar, the Central Bank sold 245 million, 622 thousand and 724 dollars, which the bank covered at a base exchange rate of 1,305 dinars, per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for external transfers, and at the same price in cash.
Most of the bank's dollar sales went to strengthen balances abroad in the form of (transfers, credits), which amounted to 226 million, 922,724 thousand dollars, an increase of 92%, compared to cash sales of 18 million, 630 thousand dollars.
The number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 17 banks, while the total number of exchange and brokerage companies participating in the auction was 135 companies.
BRICS countries are ditching the dollar and using own currencies backed by precious metals to trade.
JP Morgan CEO Jamie Dimon predicted a major financial crisis saying that the global market is facing a rebellion amid its growing debt numbers.
Three months ago on the national panel Catherine Herridge from CBS news said that we are going to see a “Black Swan” event in 2024.
In January financial analyst Richard X Bove said China will soon overtake the American economy and the US dollar will catastrophically collapse.
At the end of February the El Salvador President said the US Dollar Will Collapse.
Three weeks ago Bank of America Issued a Major Warning of a US Dollar Collapse.
Recently the likes of Bezos, Zuckerberg and Gates have been selling stocks and shares at an alarming rate.
Recently the BRICS Ambassador said that the US Dollar-Dominated World Will End Soon.
Last week Elon Musk said the US will go bankrupt because of overspending.
This week Bond yields close to key level that could put more pressure on stocks, Morgan Stanley said.
We know that the new financial system is ready.
The dates have passed when Banks have to be ISO20022 and Basel III compliant. CBDCs can NOT operate on the new system.
Today and tomorrow Tues-Wed 19, 20 March the Federal Reserve has a Federal Open Market Committee (FOMC) meeting. Economists and analysts have been waiting for the second policy meeting of the year as high interest rates continue to bear down on the economy saying there are fears of a stock market crash. And on the 11th March Wall Street and regional banks said they are scrambling for new funds as the FED ends emergency lending program, aimed at keeping failing banks afloat during banking collapse.
This is why the distractions are coming in thick and fast right now to take our eyes away from the financial system fully collapsing. We know BRICS will destroy FED with asset backed currencies. The collapse is coming and many of us are prepared. https://x.com/bricsinfo/status/1769833490088923612?s=46
PDK Note: When Mark says there is no RV news-obviously I do not do notes……I will only transcribe RV Related or Intel with Financial relevance. Thanks for understandng
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: Good Morning and Hello to all you wonderful people!
Member: Where is that RV Mark? I know I put it somewhere around here
Member: Please have news this morning MarkZ. My stomach needs more than a nothing burger.
Member: a great many people are saying this is our week!!
MZ: Sudani is expressing the need to freeze all electronic transfers….basically freezing all banking and currencies. This is exactly what they would have to do to start the exchange process. I am a firm believer they are doing that to prepare people that the banking system may be funky for a day or two while they flip that switch. There is so much going on.
MZ: The chatter has gone through the roof in Iraq with Sudani and the Central Banks movements. If only 10% of the people are right – we are within sight of the finish line.
MZ: There are rumors from some banking contacts that once the announcement happens – Banking will freeze and we wont exchange for about 10 days. Trying to get to the bottom of this rumor.
Member: Could that be the 10 days of darkness some folks keep talking about?
Member: Mark is there a back wall on when they want this completed by??
MZ: I do think there is a set back wall
Member: Rumor is they want us started before April 1st.
Member: Vietnamese president resigns
Member: I wonder how does the resignation of the Vietnamese president impact a new rate for VND?
MZ: “ Vietnamese President resigns amid major graft purge” They are cleaning everybody up with graft from their systems…imo I think this is an exceptionally good sign and I think Vietnam is preparing.
Member: Sure seems to be lots of disclosure happening.
MZ: A clean up of corruption is happening…..That is a requirement for Nesara/Gesara.
Member: Irish Prime Minister is also resigning.
Member: I am seeing the frequency of disclosure increase, but when will enough be enough? I am paying attention, but more and more comes out and nothing is changing… Where is the public outrage?!
Member: it would be interesting to match up the world leaders that resigned with countries currencies to be revalued.
Member: I would like to know how long our NDA’s would be for if we have to sign one?
Member: Mark once said he thought they would be 60-90 days. But we won’t know for sure until we exchange.
Member: Hey Mark you should watch Infowars Owen Schwoyer segment from last night, he had someone on talking about financial news pertaining bank failures and how banks have to be basil three compliant!!
MZ: I would gladly watch this.
Member: I saw a new billboard was up advertising wealth management and private banking for a local bank! They are hiding in plain sight! It's getting exciting!!
Member: Our credit union admitted to me about a month ago that they are excited for the new currency. Tellers just saw it recently.
Member: There is a good video by general milley saying that the government is a corporation and we are a republic
Member: Mark, have you heard any news regarding how much of their redemption funds people will be able to access initially, and then how much later? As always, thanks for answering if you are able!
Member: Bruce stated we would get access to 1% of funds and then two weeks later ALL of the funds
Member: I wonder what else’s needs to happen to kick this thing off??????
Member: Many are reporting there may be a big cell phone outage during the solar eclipse on April 8.
Member: Spring started yesterday and Easter is March 31 the reserection. If this is biblical now would be a good time to have the RV to start.
Member: Easter is also when it’s supposed to be a good time to release St. Germaine funds.
Member: Still much hope for RV by the end of the month hang in there!
Member: Let me know when to finish this retirement letter! lol
Member: I wish for everyone to have a blessed and glorious day
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIALOR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY
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Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
Zim Holders can have access to 1% of their total exchange that can be moved from your Quantum Account to your personal account for the first 12-15 days, after which you will get access to the total amount.
Bond Holders can have access to 1% of their total funds for the first 90 days, after which they will have access to all of it.
All countries of the World’s currencies that were going up in value new rates would be made known internationally as of 9am Tues. morning 19 March.
All new rates would be available on
Wed. 20 March.
Bond Holders in Tier3 will have access to funds on Thurs. 21 March.
Tier4b (us, the Internet Group) are supposed to be notified after noon on Wed. 20 March and be able to start exchange appointments on Thurs. 21 March.
Restitution and Reclamation Allowance payouts should be available by Thurs. 21 March.
Seniors will have their lump sum payments direct deposited in their bank accounts.
The younger group will get their R&R over 3 years, middle aged group will get their R&R over 2 years, and the rest will get their R&R over 1 year.
Social Security increases will be received in a few months at $4,400 to $4,900 a month.