Tuesday, April 23, 2024

Iraqi Dinar update for 04/22/24 - why Iraq and other countries want to a...BY PIMPY

Parliamentary Foreign Ministry: The quadripartite agreement of the development road project will contribute to stimulating economic growth and enhancing regional and international cooperation, 23 APRIL

  Parliamentary Foreign Ministry: The quadripartite agreement of the development road project will contribute to stimulating economic growth and enhancing regional and international cooperation

 Baghdad / Nina / The Parliamentary Foreign Relations Committee affirmed its support for the government's efforts and positive steps to build integrated strategic relations regionally and internationally, and pointed out the need for these steps to be a real turning point in Iraq's foreign policy.

The committee said, in a press statement, that "the quadripartite agreement between Iraq, Turkey, Qatar and the Emirates on the development road project, will contribute to stimulating economic growth and strengthening regional and international cooperation relations, by achieving economic integration and striving towards a sustainable economy between East and West."

The committee appreciated the efforts of Prime Minister Muhammad Shia Al-Sudani related to developing bilateral relations and building real long-term strategic partnerships between Iraq and Turkey, which culminated in the visit of Turkish President Recep Tayyip Erdogan and discussing the files of water, security, energy and economy, and the signing of important agreements and memoranda of understanding between the two countries

Including the signing of the strategic framework agreement between Iraq and Turkey, and the framework agreement for cooperation in the field of water, which includes mechanisms and radical treatments for the entire water system and achieves an effective partnership. aims to ensure the provision of water, water and food security to Iraq./Ends5

ISO 20022 UPGRADE OF SWIFT MESSAGES FOR MONEY SETTLEMENT ANNOUNCEMENT BY GOLDILOCKS, 23 APRIL

 Goldilocks and Seeds of Wisdom

ISO 20022 UPGRADE OF SWIFT MESSAGES FOR MONEY SETTLEMENT ANNOUNCEMENT:

“To act in concert with the global standard of adopting ISO 20022 in SWIFT and Hong Kong RTGS for payment-related SWIFT messages, OTC Clear has planned to migrate money settlement messages from existing SWIFT MT messages to ISO 20022 XML-based message (“MX messages”) on 22 April 2024.”

On April 22nd, 2024, the Society for Worldwide Interbank Financial Telecommunications and Real Time Gross Settlements is upgrading to the ISO20022 messaging system.

The Hong Kong Interbank Clearing Limited and the Hong Kong Securities Clearing Company Limited will soon after do a market-wide testing to make sure the clearing systems of the East and West are synchronized.

Once this interface is complete and tested, the new settlement messaging system for tokenized assets through Stablecoins, already tested and regulated, in Hong Kong will be able to move digital money in cross-border International trades.   This will enable foreign currency exchanges to take place on this new Digital Financial Settlement System.

HKEX | Adenza

© Goldilocks

The Iraqi Prime Minister is Talking in Code #iqd Rate BY SANDY INGRAM

JUDY NOTES, 23 APRIL

 Global Currency Reset:

"THE BANK IS A LEGAL FACILITY TO EXCHANGE YOUR CURRENCY" BY GOLDILOCKS, 23 APRIL

 GOLDILOCKS

"Therefore, trading of foreign currency futures contracts, or options thereon, is lawful if it occurs on designated contract markets or derivatives transaction execution facilities."


* Designated Contract Markets (DCM)


* Derivatives Transaction Execution Facilities


Please ask if the facility you are trading at is one of the two above approved designated exchange facility. 


It will not be a legal facility to exchange your currency in unless it is. By the way, a bank is a designated facility that encompasses both of the above criteria and requirements. 


© Goldilocks


https://www.cftc.gov/LearnAndProtect/FraudAwarenessPrevention/ForeignCurrencyTrading/forex_adv06-01#:~:text=Therefore%2C%20trading%20of%20foreign%20currency,or%20derivatives%20transaction%20execution%20facilities

Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global ...BY MILITIAMAN