Tuesday, April 30, 2024
Coffee with MarkZ. 04/29/2024
The Iraqi Central Bank Announces The Strengthening Of Banks’ External Accounts By $260 Million, 30 APRIL
The Iraqi Central Bank Announces The Strengthening Of Banks’ External Accounts By $260 Million
Economy News – Baghdad External remittances at the Central Bank of Iraq auction increased by 95% today, Sunday, at the expense of cash sales, to reach $261 million.
Today, during its auction for buying and selling the US dollar, the Central Bank sold 275 million, 227 thousand and 267 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, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash. .
Most of the bank's dollar sales went to strengthening balances abroad in the form of (transfers, credits) which amounted to 261 million and 37 thousand and 267 dollars, an increase of 95% over cash sales of 14 million and 190 thousand dollars. 04/28/2024 - https://economy-news.net/content.php?id=42920
"RV UPDATE" BY WALKINGSTICK,, 30 APRIL
Walkingstick
Question: "What's the next major step that has to happen?"
We're looking for Sudani to make an announcement...They're going to come out and talk to them. It'll happen pretty much at the same time. It is leading up to that event.
[Iraqi Bank owner colleague #1]Balancing tables between Arqoub’s financial promises…and parliamentary justifications 30 APRIL
Telecommunications Announces The Imminent Issuance Of An Internationally Recognized Digital Signature For The First Time In Iraq
The Minister of Communications, Hiyam Al-Yasiri, announced the imminent issuance of a digital signature with internationally recognized global auditing.
The ministry said in a statement, “Minister of Communications Hiyam Al-Yasiri chaired a consultative meeting with a number of the Prime Minister’s advisors to discuss launching the electronic signature project in the presence of advanced staff in the ministry and the General Company for Communications and Informatics at the ministry’s headquarters.”
The statement added, "During the meeting, a presentation was given about the project, the stages of its implementation, and the procedures for creating a special platform to be launched on the mobile phones of employees and citizens to obtain an electronic signature."
The Minister stressed - according to the statement - “the importance of issuing a digital signature with global scrutiny, recognized and subject to international standards,” pointing out, “the importance of the project as it is one of the basic building blocks for automation and digital transformation projects, the implementation of which will begin in the Ministry of Communications and then in other ministries and institutions.”
She pointed out that "the meeting touched on extensive discussions of the observations made by the attendees, which enriched the topic and will be taken into consideration during the coming period."
Digital signature refers to an electronic authentication process in which signature techniques are used to confirm a person's identity and the authenticity of the signed document.
If the authenticity of this signature is verified on a global level, it will carry the necessary importance and trust in many contexts, such as international financial transactions or official authentication of documents in various countries and sectors. https://www.radionawa.com/all-detail.aspx?jimare=38105
"IRAQI BANK OWNER COLLEAGUE" BY WALKINGSTICK, 30 APRIL
Walkingstick
[Iraqi Bank owner colleague #1]
The results from the meeting #1 was having with the CBI these last few weeks all of that information is now coming to the citizens 'to be revealed'. That's happening right now...a massive campaign of education to the citizens. This phase is talking to the citizens.
The new exchange rate is determined by the CBI on behalf of the GOI...
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Question: "Will Aki
[Walkingstick's Iraqi Bank owner here in the US]
exchange dinars for US citizens at his bank?"
Yes! That's the whole purpose.
FRANK26: SAYS
Walking Stick was on the phone with Frank during the subway. The head of Walking Sticks, who owns banks and ATMs in Iraq and Jordan, and his friend who runs his bank in Dearborn, Michigan, are at this big meeting at the CBI, with the 964-person delegation that was in D.C. Everyone is in this meeting.
It is the Arab Monetary Fund, the International Monetary Fund, the World Bank, all the companies and investors who have contracts are saying these words, about lower banknotes and a new exchange rate. Everyone knows that the exchange rate is about to change. Eddie said on television saying The budget will come to Parliament next week. Walking Stick and Frank believe that the exchange rate will rise and force parliament to hold an emergency session. Then Parliament would have to vote. There is too great a possibility of insider trading (parliament are criminals). Walking Stick says Sudani wants this now. Promises must be kept. Do you remember that they audited the banks? Maliki's State of Law Party tried to raise $600
Millions of dollars. The entire party is being shut down by the IMF, the FMA and the CBI. They were funneling funds to Iran across the border into Iran for their own enrichment. They and the private banks were closed. That's why they think that with all the corruption, they will have to announce the new exchange rate and the parliament will hold an emergency vote (after the exchange rate change). The CBI determines the exchange rate.
Sudani and CBI are working together. Those sanctions were lifted in time for a
Change of fee. Everyone at those meetings will be on stage with Sudani, including the two friends from Walking Sticks. Walking Stick says Sudani will make the presentation, and this will happen after that. Sudani wants it now, everyone is there waiting. It shouldn't take long.
-All credit to Frank and his team!
TRANSLATE SPANISH
Miércoles 24 Abril 2024
MAJEED: Electronic payment in Baghdad became mandatory, 15 JAN
MAJEED Electronic payment in Baghdad became mandatory … now it is official in Iraq Electronic payment is fully LIVE there Listen, if it tak...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...