Thursday, April 25, 2024
Coffee with MarkZ. 04/25/2024
More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies, 25 APRIL
More Than 138 Billion Dinars In “Fines” Imposed By The Iraqi Central Bank On Banks And Exchange Companies
Economy breaking Central Bank of Iraq 2024-04-23 00:11 Shafaq News/ The Central Bank of Iraq announced on Tuesday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 138 billion Iraqi dinars during the past three months.
A table of the bank, seen by Shafaq News Agency, showed that the fines imposed on banks and financial companies during the past three months, starting from January and until the end of last March, amounted to 138 billion, 377 million, 321 thousand, and 527 dinars, indicating that
“the fines It also included 49 administrative penalties for these banks and non-banking institutions, distributed between warnings, warnings, and grace periods. The table showed that
“the month of January witnessed the highest fines on banks and non-financial institutions, as these fines reached 98 billion, 277 million, 722 thousand, and 62 dinars, with administrative penalties amounting to 17 penalties, while the month of March witnessed the lowest fines, amounting to 5 billion and 462.”
One million, 451 thousand, and 344 dinars with administrative penalties amounting to 15 penalties.”
The table did not show the names of the banks on which fines and administrative penalties were imposed.
The Association of Investors in the Iraqi Stock Exchange had criticized, in early June, the Central Bank of Iraq's increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks.
https://shafaq.com/ar/اقتصـاد/كثر-من-138-مليار-دينار-غرامات-المركزي-العراقي-على-مصارف-وشركات-صرافة
"RV UPDATE" BY TEXAS SNAKE, 25 APRIL
TEXAS SNAKE
- Mon. 22 April Texas Snake: “The Iraqi Prime Minister returned to his country this past Monday and turned over to the head of the CBI to announce the pending revaluation of his nations currency. The CBI provided the new rate to the IMF who in turn provided this rate to the FOREX which by policy has 72 hours from receipt to post for universal recognition for sometime Wed. 24 April.
Okie had some positive news earlier today, thought we would hear some indication of the new rate when the Premier returned to his country from his visit to the US, the banker is assisting his hospitalized wife in CA so very little news from him so I guess we wait for FOREX to open, but again sports fans we appear to be very close, so say your prayers tonight.
This may be a little longer post than usual as the powers that be do not wish to get anyone''s hopes up only to be disappointed when the RV does not come in. Well I spent 40 years in the investment banking and financial planning industry which allows for a slight advantage in researching certain areas of the acknowledged resources regarding money and securities. Those areas being the IMF, FOREX, WTO, etc, etc.
The Prime Minister returned to his country on this past Monday, he turned over to the head of the CBI to announce the pending revaluation of his nations currency. The CBI provided the new rate to the IMF who in turn provided this rate to the FOREX which by policy has 72 hours from receipt to post for universal recognition which will be sometime between now and Wednesday 4/24/2024 by 7:00 PM.
Since both the Gazette and the IMF rate schedules are published on Wednesday each week we can assume should there be a revaluation we should receive that news during this window. Don't get excited or make any serious decisions but please stay calm and watch the next few days as we seem to be this close. GOD Bless
Texas Snake, [04/22/2024, 10:25:30 p. m.]:
About 10 more minutes then I need to close
Will try to illistrate that tomorrow
Yes he uses a CBI Debit card to purchase items in Beeville and he discovered the exchange rate on a recent purchase equaled $3.90 US for his Dinar value up substantially from before the in country RV
Well folks will come back with anything new GOD Bless
https://dinarevaluation.blogspot.com/2024/04/rv-update-by-texas-snake-24-april.html
Bruce’s Big Call Dinar , 25 APRIL
Bruce’s Big Call Dinar Intel Tuesday Night 4-23-24 REPLAY LINK Intel Begins 1:05:15
Welcome, everybody to the big call tonight. It's Tuesday, April 23rd and you're listening to the big call. Glad everybody's out there and it's tuned in, hopefully our SAT team has everything going out all over the globe as they have been doing for months and months now for us which has been great – and we like the fact that we're reaching, sometimes over 18 million listeners almost live - three seconds behind live, as my voice is being translated into many, many languages around the globe. That's cool. And we'd like that. And so let's, let's pray the call in
10:08 Let's do this. Today is just the 23rd tomorrow is the 24th I don't know that that is significant, specifically, but it could be - for the bondholders who are still waiting to get their email to give them access to their accounts. That is happening
Now - We were told earlier today that they're all over the bondholders - meaning, the bondholders are being handled, they're being worked on they're being released emails. I don't know if that's happening as deeply as I heard it, but I know that they plan to let them have those emails and get access to their account in the next couple of days - meaning two days.
Now, we have received some intel from our redemption centers - and what happened was on Sunday, the staff went into redemption centers to listen to a video or watch a video, which was about an hour and a half long, and that was up on the quantum financial system and also on the new banking system and what the banks could do and couldn't do.
For example, we don't believe the banks will try to make money off of our money anymore in the banks. That's what we've been told. Let's see what it all looks like when we get into the appointment. And we might have a few questions answered.
But that's what they did Sunday. Monday they went in thinking we would receive our 800 numbers and they went in around nine o'clock so they could so that we could get appointments set - and that was yesterday. Well, the numbers didn't come in yesterday. So that changed their schedule.
Today. They were scheduled redemption centers were scheduled to go in at 830 in the morning, and some one redemption center specifically would stay open till nine o'clock at night for the next nine days. 830 in the morning to 9pm which is nine days now that would have been if we had started exchanges today. Well, we don't have numbers - so we can't start exchanges yet. That's how they were scheduled though.
And I thought well, that's a great schedule if it comes through and if we do get the 800 numbers we can set appointments and start changes today.
Well - it didn't happen. So what is happening apparently, so we're getting this from two separate redemption centers. Two separate sources is saying that everything should be released to us and have a climactic conclusion by end of this week.
In other words, it might turn into a little bit of a frenzy of numbers coming in emails to the bondholders - setting appointments, all of that, like magically coming to fruition at the end of the week. We could call that Thursday, Friday, we can even call it into Saturday - it's not clear. They didn't give that specific day where this all go and happen.
But I am encouraged by one head of a redemption center. And remember, this is a banned phrase of the big call but I'm going to use it even though its banned - that phrase was “this is the week.”
Now, I’m kidding when I talk about banned phrases – but of course but if this head of the Center is saying this is the week for us to go - . So we have to at least hope that is correct. And then we are going this week weekend, whichever it is, but I'm encouraged when I hear that - Because I think well, we don't have it on a Wednesday or Thursday necessarily. But if we can get through this week and we do have the week next week and have it I'm sure we'll all be grateful and be thankful that we got it this week.
So we have heard from - you know what -- it might end up being? The things come through on Charlie Ward's Thursday. It is possible. I don't have an update from him yet but doo expect to him yet but late tonight. So that can’t help us tonight on the big call. So I think what we need to do is realize what's happening at the redemption centers -
What are they seeing? On the Bank screens ? They are seeing 19 currencies going up consistently in value -- these are the currencies that we know about – 3/ 4/ 5 /6 Were all invested in to some extent or another -
And so they’re watching those as of actually Sunday and yesterday, Monday, Tuesday, blowing up in value that's going to top out for a couple of days.
And I knew that was gonna be the case on the dong - we had a very good rate on it over the weekend – but we also know that this is a currency that may continue to go up a little bit more every day in value.
And we knew that was the case in years and years ago. That could be the case that certain currencies were moving up, but they might move up in the next few days, more than a day or two ago or something. I don't think it's going to change my strategy to go in for my exchange and redemptions of zim
is doing very well - It has been on par - It is past being on par with the US and dollar. That's a good thing.
Everything is right where it needs to be –
Now -- What we don’t know is how many more days if it is this week, and we are being told that – does this happen tomorrow - Thursday? Friday? Saturday? - We don’t know
Do we does this happen tomorrow? Thursday, Friday, Saturday? We don't know. But we're gonna hang in there as if it is they're coming to us within the next few days.
So stay tuned. I'll have to stay tuned again.
And if we have a call on Thursday, we'll have a much better idea of probably as to whether we're going this week or not. But that is dependent on the Intel coming through and fortunately we've had a couple of good days where we have received some indication from the redemption centers of what's happening.
I know that there were Vimeo calls on today. And I just think they're trying to tie up loose ends. They've got the information out on the quantum financial system. They got the info out on the new banking system and to the redemption center people – and I think we are going to be pleased with the information that we have moving forward. It's going to all conclude and like I said they are expecting a very positive result to come to fruition for us this week
So that's the best information that I have so far. Okay, so everybody's up to speed, there are ever looking to see what is happening from our point of view, Bond holders are expecting to get notified. Over the next couple of days, but I think if we're on a shot gun start so we should be there pretty much in the same time frame
It could be a slight delay. They could go ahead of us by 12 to 14 hours. But in any event we should get notified with numbers and set our appointments pretty soon.
I hope that's been helpful for everybody. I want to thank everybody that tuned in Thank you SAT team for getting the word out – internationally - all over the globe – and thank you Sue for bringing your information and helping with your segment and your teaching everything that you do for us and the praise reports. And then thank you also Bob for bringing this valuable information
So I think that's what I wanted to share with you guys tonight. Alright, so let's do this. Let's go ahead and pray the call out to look forward to having thing occur bondholders in the next couple of days, and hopefully for us as well as notifications. Alright, notifications come in. Let's go ahead and pray the call out.
” CONTRACTOR OF IRAQ LIVING IN US USING HIS CBI CARD RATE SHOWING THE RATE OF $3.91 BY MARKZ, 25 APRIL
MARKZ
Tues. 23 April MarkZ: “Bonds are now being paid out (made liquid). Tier4b (us, the Internet Group) will be notified to set appointments for exchanges after 30% of the bonds have been paid out. …There are people who have already received their money to spend. It’s on a descending scale and we must wait patiently our turn. Be happy that the money movement has already started.”
CONTRACTOR OF IRAQ LIVING IN US USING HIS CBI CARD WITH RATE OF $3.91 OF THE IRAQI DINAR
US delegations have been going back and forth to Iraq for some time- in preparation. Over the weekend we had Sudani point blank saying that they are preparing and it would be the CBI’s responsibility for a revaluatuion. Things are phenomenal.
Question: There is a rumor a contractor living in the US used his CBI card and the rate was about $3.91...Do you believe the $3.91 story is real?
"RV UPDATE" BY BRUCE, 25 APRIL
BRUCE
- Tues. 23 April Bruce The Big Call Universe (ibize.com) 667-770-1866, pin123456#: “Redemption Center sources say everything will be released by the end of the week. One Redemption Center Head said ‘This is the week.’ Since Sun. 21 April19 currencies have been going up in value on the Forex. Zim has been on par with the US Dollar and was now over par. While most currencies will top out, the Dong may continue to go up in value.”
“Redemption Center sources say everything will be released by the end of the week. One Redemption Center Head said ‘This is the week.’
Since Sun. 21 April19 currencies have been going up in value on the Forex. Zim has been on par with the US Dollar and was now over par. While most currencies will top out, the Dong may continue to go up in value.”
https://dinarevaluation.blogspot.com/2024/04/the-big-call-highlights-24-apri.html
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